A bicycle rental company has three rental locations in FreshAire Park, denoted by A (the alpine trailhead), B (the botanical garden), and C (the castle). A customer may rent a bike from any of the three locations and return the bike to any of the three locations. The manager finds that customers return the bikes to to the various locations according to the following probabilities: Rented from
А B C
Returned to A .8 .3 .2
B .1 .2. .6
C .1 .5 .2
1) Solve the homogeneous system (I – P)q = 0. Remember that q is a probability vector, so its entries must sum to 1.
2) If the bike rental company has 1000 bikes at FreshAire Park, how many individual bike racks do they need at each of their locations?

White company has two departments, cutting and finishing. the company uses a job-order costing system and computes a predetermined overhead rate in each department. the cutting department bases its rate on machine-hours, and the finishing department bases its rate on direct labor-hours. at the beginning of the year, the company made the following estimates: department cutting finishing direct labor-hours 6,000 30,000 machine-hours 48,000 5,000 total fixed manufacturing overhead cost $ 264,000 $ 366,000 variable manufacturing overhead per machine-hour $ 2.00 " variable manufacturing overhead per direct labor-hour " $ 4.00 required: 1. compute the predetermined overhead rate for each department. 2. the job cost sheet for job 203, which was started and completed during the year, showed the following: department cutting finishing direct labor-hours 6 20 machine-hours 80 4 direct materials $ 500 $ 310 direct labor cost $ 108 $ 360 using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to job 203. 3. would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a plantwide predetermined overhead rate based on direct labor-hours, rather than using departmental rates?

What are the general categories of capital budget scenarios? describe the overall decision-making context for each.

Beagle autos is known for its affordable and reliable brand of consumer vehicles. because its shareholders expect to see an improved rate of growth in the coming years, beagle's executives have decided to diversify the company's range of products so that at least 40 percent of the firm's revenue is generated by new business units. however, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (atvs). which type of corporate diversification strategy should beagle pursue?