1. The overhead allocation rate used in the 1987 model year strategy study at the Automotive Component & Fabrication Plant (ACF) was 435% of direct labor dollar cost. Calculated the overhead allocation rate using the 1987 model year budget. Calculate the overhead allocation rate for each of the model years 1988 through 1990. Are the changes since 1987 in overhead allocation rates significant? Why have these changes occurred? Solution: Based on the given info we calculate Overhead Allocation
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Time Value of Money Q1. Mr. Sundaram is planning to retire this year. His company can pay him a lump sum retirement payments of Rs 2‚ 00‚000 or Rs 25‚000 life time annuity whichever he chooses. Mr. Sundaram is in good health and estimates to live for at least 20 more years. If his interest rate is 12%‚ which alternative should he choose? Ans Present Value of Annuity 25000*7.469*1.12 = 2‚09‚132 Which is greater than lump sum value of Rs. 2‚00‚000. So Annuity option is better
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Assignment 3 Question 1 Question 2 Question 3 a) It would be beneficial for the company as a whole if logs were transferred to the Sawing Division at the suggested price of $61.50 per log. CM from selling externally = $75 - $40.50 - $9.50 = $25/unit $25 x 10‚000 units = $250‚000 CM from selling to Sawing division = $122-Trasnfer costs from Harvesting-Production costs = $122-40.50-9.50-35-4.5-2.5 = $30/unit $30 x 10‚000 units = $300‚000 $300‚000 - $250‚000 = $50‚000 The CM is greater
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The Iliad and the Odyssey The character I have chosen from The Iliad‚ "Book VI‚" is Hektor‚ leader of the Trojan army as being heroic. I read "Book VI" several times because I could sympathize with Hektor ’s choices and dilemma. Hektor will stop at nothing to help the Trojans fight the war against the Greeks and Achilleus‚ as the Greeks attempt to overtake Troy. Zeus promises Hektor divine help with a victory for the Trojans‚ but Hektor makes mistakes when he misjudges his own power and refuses
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prevent or fix a problem. A journey is pointless if a person doesn’t learn anything new or doesn’t get affected by the experience. Journeys matter more than the destination when the journey transform the traveler more than the destination. In the odyssey‚ by homer‚ Odysseus leaves his home on Ithaca to go on a voyage to win the battle against troy. After 10 years of fighting Odysseus finally wins but now he has to get home which proves to be a challenge because Odysseus finds more hardships on the
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The Odysseus we know from the epic poem The Odyssey is very different emotionally than the same character described by Alfred Lord Tennyson (under a different name) in his poem Ulysses. Tennyson’s Ulysses is melancholy about the state of his home and wishes to return to the open sea‚ while Homer’s Odysseus is happy to return home after twenty long years on the seas. Tennyson’s Ulysses describes "how dull it is to pause‚ to make an end" and how he wishes for excitement‚ adventure‚ and "new things
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Homer points this out specifically in his epic‚ the Odyssey. The story follows Odysseus’s ten-year return journey home after the fall of Troy. The fall of Troy‚ which is chronicled by Homer’s other epic poem‚ the Iliad‚ is the ultimate way of gaining kleos. His son‚ Telemachus‚ is worried that his father died
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knowledge to the people. It is doubtful that a secluded nomad from the jungles of the Amazon will know who Carnegie Hall is named after‚ who David O. McKay was‚ or better yet how Dante Alighieri helped to save the Italian Language. In Homer’s The Odyssey‚ the hero Odysseus seemed to understand that immortality was not all it was made out to be. When given the opportunity to live forever among the gods with the minor goddess Calypso‚ Odysseus chooses instead to live out the rest of his life as a mortal
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Exploring the Role of Women in Ancient Greece Through Homer In The Odyssey‚ Homer creates characters that embody many aspects of human nature to reflect his observations about his world and society. Many of the characters have personalities that define them to be heroic‚ or borderline evil. Throughout Odysseus’ return home from Troy‚ he meets important women of both kinds. Homer portrays some women that are ideal‚ and more women that are immoral. Through Homer‚ we learn that women in Ancient Greece
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Chapter 5 DEMAND ANALYSIS QUESTIONS & ANSWERS Q5.1 Q5.1 Is the economic demand for a product determined solely by its usefulness? ANSWER No‚ two basic conditions must be met before economic demand is created. First‚ there must be value associated with acquiring and using the good or service. For individuals‚ this value is in terms of utility‚ well being‚ or satisfaction through consumption. For firms‚ this value is measured in terms of the profit created through resource employment. Second‚ there
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