have done above is a “full-cost” analysis. This is in contrast to a “direct-cost” analysis that ignores overhead costs. Is full cost the right metric for job profitability and customer profitability? What assumptions are we making about the variability of overhead costs when we do a “full-cost” analysis? By allocating the overhead costs to jobs and customers there is an implicit assumption that these are variable with the cost driver. In reality‚ some of the overhead costs are fixed‚ at least in the
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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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Abstract Whenever you are teaching student a new language that they are not used to speaking at home or around their peers; require a lot of sacrifice for the he teacher and the students that are usually speaking their native tongue. With the challenges ahead the teacher will need to dedicate more time for teaching and instruction for the English Language Learner. And for the student wishing to learn a new language it will also take some sacrifice on their end as well. For the teacher and the pupil
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certain functional activities which include metabolism‚ growth‚ reproduction‚ and some form of responsiveness and adaptation. 2. What are the characteristics of living things? Organization Homeostasis Metabolism Growth Adaptation Response Reproduction 3. Create a table with two columns with the headings living and non-living and place the following under the appropriate columns. Frog‚ snail‚ ovule‚ liver‚ flower petals‚ hair follicles‚ carbon dioxide‚ tear ducts‚ heart‚ peas‚ algae‚
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enforcement of a living wage in the United Kingdom. The living wage is supposed to be set high enough to allow people to be able to afford the basic costs of living. The basic costs of living are defined by “an adequate level of warmth and shelter‚ a healthy palatable diet‚ social integration and avoidance of chronic stress for earners and their dependents.”[1] In many areas of the UK‚ minimum wage is not high enough to meet these standards especially in areas of London where costs of living are much
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This note will be available later.Act III‚ Scene I 1. What news about Albany‚ Cornwall‚ and the King of France does Kent reveal to the Gentleman? 2. What mission does Kent ask the Gentleman to complete? Act III‚ Scene II 1. In Lear’s first speech in this scene‚ how does Shakespeare portray the great emotional upheaval going on within Lear’s mind? 2. What comment about women does Lear make in his speech? 3. What is Kent’s opinion of the storm’s ferocity? 4. How does Lear’s remark “I am a man
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Living with Parents vs. Living Alone Living with your family and living all by yourself is like living on two different planets. It will affect every detail of your life‚ right down to the way you talk‚ the foods youeat‚ and how much money you can spend. It will also determine how often your friends visitand how much freedom you have. Living with your parents is similar to living in a royal palace; you will enjoy the luxuries of an elegant house‚ clean laundry‚ and a slightly bigger
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Structure Setting and Adjustment | Definition | A pay structure is a collection of pay rates or pay ranges.Structure setting and adjustment is the process of developing‚ adjusting‚ and maintaining a pay structure. | Purpose | Pay structures are used to help organizations: * maintain pay levels that are competitive with the external labor market‚ * maintain internal pay relationships among jobs‚ * recognize and reward differences in level of responsibility‚ skill‚ and performance‚ and
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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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Living in a dormitory or living in an apartment Education plays an importan role in students’ life. That is‚ the future success of individuals is based on the type and quality of education they receive. Especially‚ university education determines one’ s future and quality of life. For this reason‚ students try to seek better education opportunities to improve their knowledge and skills. While some students attend universities in the city they live in‚ others may have to move to other cities and
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