Dade Metals manufactures patio furniture. The company budgets overhead cost of $480,000 for the year. It also budgets 24,000 machine hours and 8,000 direct labor hours.

Required:
1. Compute the plantwide overhead rate, assuming the company allocates overhead based on (a) machine hours and (b) direct labor hours.
2. Job 121 uses 160 machine hours and 150 direct labor hours. Allocate overhead to Job 121 assuming overhead is allocated based on machine hours.
3. Job 121 uses 160 machine hours and 150 direct labor hours. Allocate overhead to Job 121 assuming overhead is allocated based on direct labor hours.

1. The computation of the plantwide overhead rate for Dade Metals is as follows, based on:

a) machine hours = $20 per machine hour ($480,000/24,000).

b) direct labor hours = $60 per direct labor hour ($480,000/8,000).

2. The allocation of overhead to Job 121 using machine hours is as follows:

Job 121 overhead cost = $3,200 ($60 x 160).

3. The allocation of overhead to Job 121 using direct labor hours is as follows:

Job 121 overhead cost = $9,000 ($60 x 150).

An overhead allocation basis is a base that overhead costs are allocated to units of production based on usage or consumption.

Overhead allocation is important in cost accounting to determine the cost of a product.

Budgeted overhead for the year = $480,000

Budgeted machine hours = 24,000 MH

Budgeted direct labor hours = 8,000 DLH

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a. both the patient and the provider

b. both the provider and the payer

c. both the patient and the payer

d. two different payers

Calculate the slope and elasticity of demand using the following information:
Price: $7.99
Quantity: 3 units
Price drops to $4.99
Quantity goes up to 8 units
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During the gap analysis, the entrepreneur should be concerned with the hours of operation, the time you can dedicate to this new venture, and other commitments you have made. True False

Which concept combines revenue cycle management with clinical, coding, and health information management decision making?

a. PAC

b. OPU

c. IRC

d. RARC

Suppose Charlie has made great progress in planning to improve the security program at the company. After many weeks of planning and careful implementation, a formal plan is ready for presentation to the Board of Directors. Gladys asks Charlie to prepare a written report and a presentation for Gladys to give to the Board. Gladys edits the presentation to make it seem that she prepared the work herself with Fred's assistance, but without any mention of Charlie's contributions. Is Gladys acting ethically

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A. that the parties had a contract, and Jess breached the contract.
B. that the parties had a contract, but the damages could not be ascertained because the hourly rate and number of hours had not been determined.
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D. that the parties had no contract because the terms were not in writing.

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How do IP rights differ between India and China? What distinctive competencies in IP exist for India and China?

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For questions 1-10, fill in the blank with the letter of the term that best matches the description.
a coverage
b. insurance
c. policy
d. risk management
e actuary
f. insurer
g. liability
h. claim
i. premium
j. deductible

1. An anangement by which a company gives customers financial protection againt loss or harm in return
for payment

2. Determining, minimizing, and preventing accidental loss in a business, for example, by taking safety
measures and buying insurance

3. The company that sells insurance

4. The amount of money charged for a certain amount of insurance coverage

5. The amount an insured person must pay before making a claim against an insurance policy before an insurer will pay any compensation

6. The amount or type of protection provided by an insurance policy

7. A statistician who calculates insurance premiums, risks, dividends, and annuity rates

8. A fixed dollar amount of coverage for damages that an insured becomes legally liable to pay due to an accident or other negligence

9. An application for payment under an insurance policy

10. A contract of insurance​

A wise mechanical engineering graduate began saving money for early retirement by depositing $1400 per month into a fixed rate account that pays 6% per year compounded semiannually. If she started saving 1 month after she started working, what is the expected value of the account at the end of 30 years

Bill wants to calculate the width of each interval by using the approximation formula. He first created a frequency distribution with 5 intervals. The minimum and maximum for the variable are -32.4 and 65.09 respectfully. Calculate the width of each interval for Bill.
A. 13.018
B. 6.480
C. 19.498
D. -19.498

A recent Samsung Galaxy ad highlighted the advantages of its smartphone relative to Apple’s iPhone. What type of product advertisement is the Samsung ad?

Financial planning involves building wealth in a short period of time
True
False

Compute a three-period moving average forecast given demand for shopping carts for the last five periods. (Round all your answers to two decimal points.) Period Demand 1 36 2 32 3 37 4 31 5 38 If actual demand in period 6 turns out to be 35, the moving average forecast for period 7 would be

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b. abstract of all recent claims filed on each patient

c. electronic permanent record of all financial transactions between the patient and the practice

d. computer-generated list of procedures, services, and supples with charges for each

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Solve the following

In Mali, the provinces were monitored by ________________.
a.
the king’s sons
c.
local rulers
b.
generals
d.
all of the above


Please select the best answer from the choices provided

A
B
C
D

15. The owners of a small bar and grill want to run an ad on local radio in the town where the business is located. Their objective is to create awareness for the restaurant among the town’s consumers. Which measure should be used to determine how many different people will hear the advertisement?

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Lesson 2 Assignment


Product Combo A Combo B Combo C Combo D Combo E
Motorcycles 0 2 4 6 8
Surfboards 30 27 21 12 0


a. Graph the above production data, putting motorcycles on the horizontal axis.











b. What are the opportunity costs of moving from point B to point D and from point D to point A?


c. Point F represents 3 motorcycles and 21 surfboards. Plot this point on your graph and explain what it represents.


Point G represents 5 motorcycles and 24 surfboards. Plot this point on your graph and explain what it represents.

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B) A manufacturing unit A makes 15 colour television
sets and 80 black and white television sets in a
month another unit B makes 40 colour T.V. sets
and 100 black and white sets in a month. Repre-
sent this information into matrix form and find the
production of each unit in 7 months.

3. In which type of economy would both private businesses and the government influence the factors of production, and why? (1 point)
territor

Gary and Lakesha were married on December 31 last year. They are now preparing their taxes for the April 15 deadline and are unsure of their filing status. Problem 4-46 Part-b (Static) b. Assume instead that Gary and Lakesha were married on January 1 of this year. What is their filing status for last year (neither has been married before and neither had any dependents last year)

Find the partial derivative of f(x, y) =x2y+sin x+cos y