(Solved) : Schultz Electronics Manufactures Two Largescreen Television Models The Royale Which . . .

Schultz Electronics manufactures two large-screen television models: the Royale which sells for $1,600, and a new model, the Majestic, which sells for $1,300. The production cost computed per unit under traditional costing for each model in 2012 was as follows.

Schultz Electronics manufactures two large-screen television mod

In 2012, Schultz manufactured 25,000 units of the Royale and 10,000 units of the Majestic. The overhead rate of $38 per direct labor hour was determined by dividing total expected manufacturing overhead of $7,600,000 by the total direct labor hours (200,000) for the two models. Under traditional costing, the gross profit on the models was: Royale $552 or ($1,600 – $1,048), and Majestic $590 or ($1,300 – $710). Because of this difference, management is considering phasing out the Royale model and increasing the production of the Majestic model. Before finalizing its decision, management asks Schultz’s controller to prepare an analysis using activity-based costing (ABC). The controller accumulates the following information about overhead for the year ended December 31, 2012.

Schultz Electronics manufactures two large-screen television mod

Instructions
(a) Assign the total 2012 manufacturing overhead costs to the two products using activity-based costing (ABC).
(b) What was the cost per unit and gross profit of each model using ABC costing?
(c) Are management’s future plans for the two models sound?Explain.

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The alchemists of past centuries were always looking for a magical way to change lead into gold. With nuclear reactions, how would a modern alchemist try to accomplish this transition? (One isotope of lead has 82 protons and 125 neutrons, whereas gold has 79 protons and 118 neutrons.)

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What is the focal length of a magnifying glass of 3.5X magnification for a relaxed normal eye?

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(Solved) : The Characteristic Line Of Modern Investment Analysis Involves Running The . . .

The characteristic line of modern investment analysis involves running the following regression:
r1 = B1 + B2r mt + ut
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t = time
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Based on 240 monthly rates of return for the period 1956 to 1976, Fogler and Ganapathy obtained the following results for IBM stock. The market index used by the authors is the market portfolio index developed at the University of Chicago:
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b. How would you interpret r2?
c. A security whose beta coefficient is greater than 1 is called a volatile or aggressive security. Set up the appropriate null and alternative hypotheses and test them using the t test. Use a = 5%.

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(Solved) : The Lakeshore Hotels Guest Days Of Occupancy And Custodial . . .

The Lakeshore Hotel’s guest-days of occupancy and custodial supplies expense over the last seven months were;

Guest-days is a measure of the overall activity at the hotel. For example, a guest who stays at the hotel for three days is counted as three guest-days.

Required:

1.         Using the high-low method, estimate a cost formula for custodial supplies expense.

2.         Using the cost formula you derived above, what amount of custodial supplies expense would you expect to be incurred at an occupancy level of 11,000 guest-days?

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(Solved) : Suppose That There Are Two Types Of Philosophers One Type . . .

Suppose that there are two types of philosophers. One type always picks up his left fork first (a “lefty”), and the other type always picks up his right fork first (a “righty”). The behavior of a lefty is defined in Figure 6.12.
Suppose that there are two types of philosophers. One type

The behavior of a righty is as follows:
begin
repeat
think;
wait ( fork[ (i+1) mod 5] );
wait ( fork[i] );
eat;
signal ( fork[i] );
signal ( fork[ (i+1) mod 5] );
forever
end;
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a. Any seating arrangement of lefties and righties with at least one of each avoids deadlock.
b. Any seating arrangement of lefties and righties with at least one of each prevents starvation.

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(Solved) : Repeat Exercise 3 With Z5 Taking The Place Of Z3 . . .

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(Solved) : Lesson 12 Warns About Not Planning Enough But Also About . . .

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