Tivity rates and activity-based product costing hammer company produces a variety of electronic equipment. one of its plants produces two laser printers: the deluxe and the regular. at the beginning of the year, the following data were prepared for this plant: deluxe regular quantity 100,000 800,000 selling price $900 $750 unit prime cost $529 $483 in addition, the following information was provided so that overhead costs could be assigned to each product: activity name activity driver deluxe regular activity cost setups number of setups 300 200 $2,050,000 machining machine hours 100,000 300,000 56,000,000 engineering engineering hours 50,000 100,000 13,500,000 packing packing orders 100,000 400,000 250,000 required: 1. calculate the overhead rates for each activity. if required, carry your answers out to the nearest cent. setups $ per setup machining $ per machine hour engineering $ per engineering hour packing $ per packing order 2. calculate the per-unit product cost for each product. round your answers to the nearest whole dollar. deluxe $ per unit regular $ per unit

The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?

Insurance companies have internal controls in place to protect assets, monitor the accuracy of accounting records and encourage operational efficiencies and adherence to policies. these internal controls are generally of two types: administrative controls and accounting controls. administrative controls are the policies and procedures that guide the daily actions of employees. accounting controls are the policies and procedures that delineate authorizations of financial transactions that are done, safeguard assets, and provide reports on the company’s financial status in a reliable and timely manner. internal controls should include both preventative and detective controls. the purpose of preventative controls is to stop problems and errors before they occur. detective controls identify problems after they have occurred. preventative controls are usually more effective at reducing problems, but they also tend to be more expensive. internal controls must be flexible to adjust for changes in laws and regulations in addition to adding new products or modifying current ones. companies must also do regular analyses to ensure that the benefits of implementing the controls are worth their costs. when concerned about paying unwarranted insurance claims which type of control would be useful?

After graduation, you plan to work for dynamo corporation for 12 years and then start your own business. you expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). the first deposit will be made a year from today. in addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). if the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?