Winkleman Associates requires prospective recruits to take an examination that includes both computational and essay questions. It employs contract workers to grade the exams. Hiring of Winkleman recruits takes place four times per year and a different exam is used each time. The contract workers are paid $25 per hour to grade the exams. The last worker to grade exams graded 16 complete exams. A Winkleman analyst, who is interested in learning curves, estimated that the worker exhibited an 80 percent learning rate. The worker was paid $204.80 for the last exam (the 16th) that was graded. Quesitons: Based on the estimated rate of learning, how long did it take the worker to grade the first exam? What is the percentage of the cost of the 16th exam to the cost of the 1st exam?

Alter's Home Center (AHC) sells renovation and remodeling products to both contractors and individual home owners. One of the services AHC offers is delivery of the purchased products to the customer's work site. Because not all customers take advantage of the delivery service option, ACH adds 10 percent to the cost of the products purchased to cover the delivery cost. A business intern spent the summer at ACH. The intern's assignment was to analyze the delivery service and recommend a better way to charge customers for using it. The intern, who had studied activity-based costing, identified the following activities and the data related to them: Activity Picking order Delivering order Handling complaints Total delivery cost Cost Driver Number of items Number of orders Number of complaints Annual Cost $ 353,875 1,190,000 40,500 $ 1,584,375 Total order value (before delivery charge) Number of orders Total number of items Number of delivery complaints The intern selected two customers,…

Alter's Home Center (AHC) sells renovation and remodeling products to both contractors and individual home owners. One of the services AHC offers is delivery of the purchased products to the customer's work site. Because not all customers take advantage of the delivery service option, ACH adds 10 percent to the cost of the products purchased to cover the delivery cost. A business intern spent the summer at ACH. The intern's assignment was to analyze the delivery service and recommend a better way to charge customers for using it. The intern, who had studied activity-based costing, identified the following activities and the data related to them: Activity Cost Driver Annual Cost Annual Driver Volume Picking order Number of items $ 353,875 372,500 items Delivering order Number of orders 1,190,000 35,000 orders Handling complaints Number of complaints 40,500 150 complaints Total delivery cost   $ 1,584,375     The intern selected two customers, who were frequent customers,…

Alter's Home Center (AHC) sells renovation and remodeling products to both contractors and individual home owners. One of the services AHC offers is delivery of the purchased products to the customer's work site. Because not all customers take advantage of the delivery service option, ACH adds 10 percent to the cost of the products purchased to cover the delivery cost. A business intern spent the summer at ACH. The intern's assignment was to analyze the delivery service and recommend a better way to charge customers for using it. The intern, who had studied activity-based costing, identified the following activities and the data related to them: Activity Picking order Delivering order Handling complaints Total delivery cost Cost Driver Number of items Number of orders Number of complaints Annual Cost $ 286,000 522,500 32,400 $ 840,900 Total order value (before delivery charge) Number of orders The intern selected two customers, who were frequent customers, to use as an illustration of…

Alter's Home Center (AHC) sells renovation and remodeling products to both contractors and individual home owners. One of the services AHC offers is delivery of the purchased products to the customer's work site. Because not all customers take advantage of the delivery service option, ACH adds 10 percent to the cost of the products purchased to cover the delivery cost. A business intern spent the summer at ACH. The intern's assignment was to analyze the delivery service and recommend a better way to charge customers for using it. The intern, who had studied activity-based costing, identified the following activities and the data related to them: Activity Cost Driver Annual Cost Annual Driver Volume Picking order Number of items $ 286,000 357,500 items Delivering order Number of orders 522,500 27,500 orders Handling complaints Number of complaints 32,400 135 complaints Total delivery cost   $ 840,900     The intern selected two customers, who were frequent customers, to…

Alter's Home Center (AHC) sells renovation and remodeling products to both contractors and individual home owners. One of the services AHC offers is delivery of the purchased products to the customer's work site. Because not all customers take advantage of the delivery service option, ACH adds 10 percent to the cost of the products purchased to cover the delivery cost. A business intern spent the summer at ACH. The intern's assignment was to analyze the delivery service and recommend a better way to charge customers for using it. The intern, who had studied activity-based costing, identified the following activities and the data related to them: Activity Cost Driver Annual Cost Annual Driver Volume Picking order Number of items $ 330,750 367,500 items Delivering order Number of orders 942,500 32,500 orders Handling complaints Number of complaints 32,500 125 complaints Total delivery cost   $ 1,305,750     The intern selected two customers, who were frequent customers,…

Alter's Home Center (AHC) sells renovation and remodeling products to both contractors and individual home owners. One of the services AHC offers is delivery of the purchased products to the customer's work site. Because not all customers take advantage of the delivery service option, ACH adds 10 percent to the cost of the products purchased to cover the delivery cost. A business intern spent the summer at ACH. The intern's assignment was to analyze the delivery service and recommend a better way to charge customers for using it. The intern, who had studied activity-based costing, identified the following activities and the data related to them: Activity Picking order Delivering order Handling complaints Total delivery cost Cost Driver Number of items Number of orders Number of complaints Total order value (before delivery charge) Number of orders Annual Cost $ 321,640 850,500 29,440 $ 1,201,580 The intern selected two customers, who were frequent customers, to use as an illustration…

consumer focus is a marketing research firm that organizes focus groups for consumer – product companies. Each focus group has eight individuals who are paid $50 per session to provide comments om new products. these focus groups meet in hotels and are led by a trained, independent, marketing specialists hired by consumer focus. Each specialist is paid a fixed retainer to conduct a minimum number of sessions and a per sessions fee of $2000. A consumer focus staff member attends each session to ensure that all the logistical aspects run smoothly.Required: - Classify each of the following cost items as:a. Direct or indirect (D or I) costs with respect to each individual focus group.b. Variable or fixed (V or F) costs with respect to how the total costs of consumer focus change as the number of focus groups conducted changes.( if in doubt, select on the basis of whether the total costs will change substantially if there is a large change in the number of groups conducted.)You will have…

There are two companies manufacturing drones. Company A manufactures mass market drones, while company B manufactures customised drones according to customers’ requirements. In 2020, company A produces 3,200 drones, 3% of which were found to be defective and cannot pass the quality check. Company A employs 5 workers working an average of 8 hours a day in the drone production, and they worked 200 working days in 2020. In contrast, company B produces 900 drones, 10% of which were found to be defective and cannot pass the quality check. Company B employs 3 workers working an average of 6 hours a day in the drone production, and they worked 170 days in 2020. You are provided the following information:   Company A Company B Cost of goods sold $1,870,000 $1,080,000 Inventory     Raw Material $120,000 $96,000 Work-in-process $50,000 $12,000 Finished goods $150,000 $20,000   Use the information provided in the above table and calculate the inventory turnovers of companies A and…

Betty is a Human Resource Associate for a small factory, and management asked her department to evaluate current wage trends. Ultimately, management has expressed concerns about the turnover the factory experienced over the past couple of years, and they hope to use analytics to determine possible causes. The company experienced a lot of turnover that has caused a lot of change in the rates paid to different hourly workers. The accounting department gathered the following data about 10 factory workers employed during the two-year period: Hourly Wages - Current Year Hourly Wages - Previous Year $13.60 $16.52 14.87 13.14 14.43 13.23 13.14 13.80 14.06 14.17 13.84 14.55 15.07 15.95 15.17 13.12 14.21 14.17 15.20 14.56 Betty needs to use data analytics to assist in the investigation into possible causes for this turnover. With this information in mind, please answer the following question. Use Excel or a similar spreadsheet program as appropriate. Betty would like to determine the average…