Consumption Ratios Cinturas Company produces two types of men’s shirts: casual and formal. There are four activities associated with the two products. Drivers for the four activities are as follows: Casual Formal Cutting hours 12,000 18,000 Sewing hours 3,000 7,000 Inspection hours 2,000 4,000 Rework hours 400 600 Required: 1. Calculate the consumption ratios for the four drivers. Round your answers to two decimal places. Activity Driver Casual Formal Cutting hours fill in the blank 1 fill in the blank 2 Assembly hours fill in the blank 3 fill in the blank 4 Inspection hours fill in the blank 5 fill in the blank 6 Rework hours fill in the blank 7 fill in the blank 8 2. Is there evidence of product diversity? Explain.

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Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.

Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?