Departmental Overhead Rates; Underapplied or Overapplied Overhead 1. a. Predetermined Overhead rate= Estimated total manufacturing overhead costs Estimated total amount of allocation base | = $1‚440‚000 = 160% of direct labor costs $900‚000 direct labor costs | b. Hastings Job Direct Labor -Allocation Base × Plantwide Overhead Rate
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P(x) 12/38 26/38 X*P(x) .631 -.684 -.053 The expected value is -.053. b.) Interpret this expected value. (4 points) This means that the casino wins 5.3 cents per game or the players lose 5.3 cents per game. c.) What is the average return to the casino from 1‚000‚000 such bets? (4 points) 1000000*.05=50000 The casino can expect to win 500000 of the 1 million bets because 1 million times .05 is 50‚000. 2. A venture capital fund has the mandate to invest
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WACC Weighted Average Cost of Capital Formula The WACC Weighted Average Cost of Capital formula is complex‚ and can be broken into several components. The individual component costs are provided in the following sections. WACC Weighted Average Cost of Capital Variables V=Firm Total Value (Debt + Preferred Shares + Common Equity + Retained Earnings) Md=Market Value of Debt Mp=Market Value of Preferred Shares Mc=Market Value of Common Equity Mr=Market Value of Retained Earnings K=Current
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Ethics; Predetermined Overhead Rate and Capacity Pat Miranda‚ the new controller of Vault Hard Drives‚ Inc.‚ has just returned from a seminar on the choice of the activity level in the predetermined overhead rate. Even though the subject did not sound exciting at first‚ she found that there were some important ideas presented that should get a hearing at her company. After returning from the seminar‚ she arranged a meeting with the production manager‚ J. Stevens‚ and the assistant production manager
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Contrasts between The Average and Warren Pryor. There are contrasts between ’’Warren Pryor’’ by Alden Nowlan and ’’The Average’’ by W.H. Auden. The tone ’’The Average’’ is distressing and desolate and the tone of ’’ Warren Pryor’’ is anger and regretful. For example: ’’They blushed with pride …. / aching with empty strength and throttled rage’’ (Nowlan 13-16) and ’’The pressure of their fond ambition made / their shy and country loving child afraid’’ (Auden 4-6) Nowlan’s poem demonstrates how the
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Average Daily Attendance versus Average Daily membership Kimberly Nava Grand Canyon University: EDA-535 October 21‚ 2013 Introduction Distributing funds to schools is a daunting task‚ especially when school funding comes only from state tax dollars. Schools in the state are not allowed to levy local taxes‚ so a plan must exist to ensure that the distribution of funds is equitable and adequate for all schools in the state. In preparation of a plan‚ using Average Daily Attendance (ADA)
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room night” stay is by a male (68%)‚ age 35–54 (47%)‚ employed in a professional or managerial position (54%)‚ earning an average yearly household income of $116‚578. Typically‚ these guests travel alone (61%)‚ make reservations (91%)‚ and pay $124 per room night. * The typical “leisure room night stay” is by two adults (52%)‚ ages 35–54 (37%)‚ and 55+ (37%)‚ earning an average yearly household income of $87‚327. The typical leisure traveler also travels by auto (79%)‚ makes reservations (88%)‚
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In this essay where I am going to discuss the similaritys and differences between two poems. "Woman Work" written by Maya Angelou‚ which is about a woman who works all the time and just wants to rest. The second poem is called "overheard in County Sigo" written by Gillian Clarke which is about a married woman having a conversation with her friend about her life and looking back at what her ambitions were. <br> <br>"Woman Work" is a regular 5 stanza‚ rhyming poem‚ It is set in southern USA. We know
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Extra Credit Assignment: Yeats Valves and Controls Inc. Completed as a Group with the Following Individuals: (in alphabetical order by last name) Adetunji Adeniyi Tung F. Cheng Gregory Chiu Rashmin Patel WenHao Zhang Course Title: Accounting and Finance Course No./Section: MG6093 Instructor: Frank X. Apicella November 28‚ 2012 Yeats Valves Question The following are questions which should focus the groups on important
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Average Age of First-time Homeowners Sujei A. Rodriguez Introduction to Logic Research Assignment The U.S. homeownership rate fell to the lowest level in 15 years in the first quarter of 2012‚ as borrowers lost homes to foreclosure and tighter inventory and credit kept buyers off the market. (Gittelsohn‚ 2012). The Census Bureau reported a rate dropped to 65.4 percent from 66 percent in the fourth quarter of 2011. According to the Census Bureau in June 2004 there was a record
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