Sultan company uses an activity-based costing system. at the beginning of the year, the company made the following estimates of cost and activity for its five activity cost pools: activity cost pool activity measure expected overhead cost expected activity labor-related direct labor-hours $ 270,900 30,100 dlhs purchase orders number of orders $ 11,745 261 orders parts management number of part types $ 78,570 97 part types board etching number of boards $ 72,400 1,810 boards general factory machine-hours $ 212,400 17,700 mhs required: 1. compute the activity rate for each of the activity cost pools. 2. the expected activity for the year was distributed among the company’s four products as follows: expected activity activity cost pool product a product b product c product d labor-related (dlhs) 7,100 13,800 4,000 5,200 purchase orders (orders) 78 37 47 99 parts management (part types) 38 15 30 14 board etching (boards) 550 740 520 0 general factory (mhs) 2,900 6,200 3,900 4,700 using the abc data, determine the total amount of overhead cost assigned to each product.

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Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince

Suppose you win a small lottery and have the choice of two ways to be paid: you can accept the money in a lump sum or in a series of payments over time. if you pick the lump sum, you get $2,950 today. if you pick payments over time, you get three payments: $1,000 today, $1,000 1 year from today, and $1,000 2 years from today. 1) at an interest rate of 6% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 2) at an interest rate of 9% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 3) years after you win the lottery, a friend in another country calls to ask your advice. by wild coincidence, she has just won another lottery with the same payout schemes. she must make a quick decision about whether to collect her money under the lump sum or the payments over time. what is the best advice to give your friend? a) the lump sum is always better. b) the payments over time are always better. c) it will depend on the interest rate; advise her to get a calculator. d) none of these answers is good advice.