Classic Pen 1.) Create an ABC diagram of Classic Pen Company (be sure to include activities‚ cost drivers‚ and cost objects) AND 2.) Determine the activity rates for each of the cost drivers Fringe Benefits $800 Fringe Benefits $4‚000 Fringe Benefits $3‚200 Indirect Labor $2‚000 Indirect Labor $10‚000 Energy‚ Maintenance‚ Machinery $14‚000 Indirect Labor $8‚000 Computer System $2‚000 Computer System $8‚000 10‚000 Machine hrs. 4 Part Admin 150 Production Runs
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Classic Pen Company: Developing an ABC Model 1. Calculate the revised product costs for the four pens‚ using the spreadsheet template provided and the information collected by Dempsey. Blue Sales Material costs Direct Labor (DL) 40% fringe on DL Machine time expense
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but I have always wished to cultivate a friend in a foreign country. The other day I was going through a magazine and came across the addresses of many children from the world over who were desirous to make pen friends. I looked for the name and the country that I liked. I wanted a pen friend in the United States of America as I found the culture of that country very different from ours. At last I found the address of Mary who lives in San Francisco. She is Fifteen Years’ old and is the daughter
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There are many ways to express one’s self‚ including art‚ writing‚ and the music one listens to. All of these things help people become in sync with others and it helps people show their feelings through the things they enjoy. Dorothy Parker used poetry to describe and let out her feelings about the major events in her life. The poems that best reflect Dorothy Parker’s depressing life include‚ “A Whistling Girl”‚ “A Certain Lady”‚ and “Resume.” The poem “A Whistling Girl” deals with Parker’s childhood
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FRIXION PEN Nowadays‚ we people always want to have an easy and comfortable life. And through the help of technology we were able to achieve it. Since there are a lot of innovations we’ve seen and most of them are in the line gadgets. Now‚ here comes a new innovative product that would really intrigue us. This product suits the needs of the students and office workers especially in the field of taking notes or writing‚ and this product is the FRIXION PEN. FRIXION Pen is a kind of pen that comes
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The Pen Mortality is a fact of life for everyone and has been since Creation. As humans‚ we have the intelligence to realize and understand this because we possess the ability to reason and to learn. This ability‚ when combined with the presence of Life that keeps us in existence‚ beckons us to secure the future in some way and for some reason(s). We need not only the chance at life beyond our own which comes with the birth of our children‚ but also to leave our own names‚ our own ideas and beliefs
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suppress the beliefs of the people. The pen stands for positive and constructive efforts‚ while the sword signifies negative postures and destruction all around. The sword can force them into submission but cannot propagate and idea. Pen can solve many complex issues. The sword can only destroy. Wars have no significance impact on the development of a nation. Writers‚ thinkers and artists created the sprit of the modern world by the power of the pen. The French Revolution owned inspiration
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LIGHT PEN A light pen is a computer input device in the form of a light-sensitive wand used in conjunction with a computer’s display. It allows the user to point to displayed objects or draw on the screen in a similar way to a touchscreen but with greater positional accuracy. A light pen detects a change of brightness of nearby screen pixels when scanned by cathode ray tube electron beam and communicates the timing of this event to the computer. Since a CRT scans the entire screen one pixel at
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Question 1: Calculate the revised product cost for the four pens‚ based on the activity information collected by Dempsey: Activities Indirect labour Computer system Scheduling / production runs 50% 80% Physical changeover 40% Record maintenance 10% 20% Activity cost pool Activity measures Scheduling / production runs No of runs Physical changeover No of hours Record maintenance No of hours Scheduling
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Q-1 What valuation(s) can we place on the business? What method(s) did you use to arrive at the valuation(s)? Valuation Based on Discounted cash Flow Discounted Cash Flow Paint Pen Value using this model is $8.17M. The WACC used for discounting cash flows was 16%. We had made the following assumptions about revenues projections which were based on our growth strategy: 15% growth rate in FY-1997R 17% growth rate in FY-1998E 20% growth rate in FY-1999E 25% growth rate in FY-2000E
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