Plant overhead $122‚000 D/L rate/hour $30 Youngstown has a traditional cost system. It calculates a plant-wide overhead rate by dividing total overhead costs by total direct labor hours. Assume‚ for the calculations below‚ that plant overhead is a committed (fixed) cost during the year‚ but that direct labor is a variable cost. 1. Calculate the plant-wide overhead rate. Use this rate to assign overhead costs to products and calculate the profitability of the four products. The assignment
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CHAPTER 6 PRODUCTION EXERCISES 4. A political campaign manager must decide whether to emphasize television advertisements or letters to potential voters in a reelection campaign. Describe the production function for campaign votes. How might information about this function (such as the shape of the isoquants) help the campaign manager to plan strategy? The output of concern to the campaign manager is the number of votes. The production function has two inputs‚ television advertising and
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Whip-poor-will explanation The poem‚ "Whip-poor-will" by Donald Hall is written beautifully with a sense of nature and family. Throughout this poem‚ Hall illustrates these natural occurrences‚ such as the "sandy ground"‚ "the last light of June"‚ and "a brown bird in the nearnight‚ soaring over shed and woodshed to far dark fields". The bird in this instance is a whippoorwill‚ defined as a nocturnal nightjar of Eastern North America that uses loud‚ repetitive calls suggestive of its name.
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3 High level research project plan 3 Timeline 3 Resource needs 3 Project organization 3 Conclusion 3 References 3 1 Brief introduction to the topic Projects are run in most organizations to achieve some specific goals within the given timeframe and with dedicated resources. In the Hungarian subsidiaries of General Electric (GE) there are more than one hundred projects run parallel consuming millions of Euros and hundreds of FTEs; thus the quality of project delivery functions are
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Introduction Cost accounting is an integral part of estimating a new construction project and estimating a project’s cost is the most important step of all. Estimating project costs is even mentioned in the Holy Bible: "Suppose one of you wants to build a tower. Don ’t you sit down and estimate the cost‚ to see if you have enough capital to complete it? If you don ’t‚ then when you have laid the foundation but can ’t finish‚ all the onlookers start making fun of you and say‚ `This is the man
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Chapter 1: Introduction ------------------------------------------------- 1.1 Introduction Rice is the staple food for 65% of the population in India. It is the largest consumed calorie source among the food grains. With a per capita availability of 73.8 kg it meets 31% of the total calorie requirement of the population. India is the second largest producer of rice in the world next to China. The all India area‚ production‚ and yield of rice in the year 2001-02 was 44.62 million hectares‚ 93.08
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It is often OK to tell a lie. All of us has ever told a lie. We often do it to avoid some true‚ that may hurt a person or to the benefit of ourselves. Many psychologists confirm the fact‚ that in normal life people usually say untruth. So lying is an everyday occurrence. In my opinion‚ it is possible to lie‚ if the reason for it is serious disease of relative people‚ family member. Dоctоrs cоntinuоusly face an еthical dilеmma‚ tеll thе wholе truth of the situation‚ which can be telling
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Ronald Coase noted‚“The cost of doing anything consists of the receipts that could have been obtained if that particular decision had not been taken.” For example‚ the opportunity set for this Friday night includes the movies‚ a concert‚ staying home and studying‚ staying home and watching television‚ inviting friends over‚ and so forth. The opportunity cost of taking job A included the forgone salary of $102‚000 plus the $5‚000 of intangibles from job B. Opportunity cost is the sacrifice of
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information technology and its evolving trends. As we continue to witness the advancement of technology‚ it is impacting the delivery of healthcare through clinical performance‚ electronic health record but most of all it is an expansion of knowledge; the ultimate goal of information technology in healthcare organizations is to reduce cost‚ improve productivity but most importantly provide effective patient care. There are many organizations seeking to be ahead of surrounding competitors in order to
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The research consists of an investigation of students’ behavior‚ attitudes‚ and home environment as it relates to misbehavior in school and the need for discipline. So that the study may be understood within the context of the existing work in the field‚ this chapter of the proposal presents a review of the research on school discipline. The review begins with a delineation of basic patterns of school misbehavior which is followed by an examination of research on factors that appear to be contributive
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