buy custom PowerCo essay

buy custom PowerCo essay PowerCo is the largest power generating company selling electricity throughout many states in the southeast region of the United States. The company also believes that the demand of the electricity would increase over the next 10-12 years. The current capabilities of the company are not enough to meet this estimated demand over the next decade. The management of PowerCo has decided that they need to build a new generator in order to meet the anticipated high demand appropriately. It is an estimate that the building of the new generator would be completed within two years and this generator would remain functional for the next ten years. A financial analysis has been done according to the projections with the help of the Treasury Department, which is given below. Q1. PV of the Expected Cost at 8% Year 1: PV= $25 * 0.926= $23.15 Year 2: PV= $28 * 0.857= $23.996 Total Cost= $23.15+ $23.996= $47.15million Q2. PV of after tax cash inflows with 8% interest rate Year 3: PV= $6 * 0.794= $4.764 Year 4: PV= $7 * 0.735= $5.145 Year 5: PV= $8 * 0.681= $5.448 Year 6: PV= $9 * 0.63= $5.67 Year 7:PV= $9 * 0.583= $5.247 Year 8: PV= $9 * 0.54= $4.86 Year 9: PV= $9 * 0.5= $4.5 Year 10: PV= $9 * 0.463= $4.167 Year 11: PV= $9 * 0.429= $3.861 Year 12: PV= $9 * 0.397= $3.573 Total PV of cash inflows= $47.24million Q3. Net Present Value is the difference between the PVs of outflows and inflows. NPV= $47.24 - $47.15= $0.09million; this is a positive net present value which states that the expected profits are greater than the expected costs. The cash outflows in the first two years are the project costs when being built and the cash inflows would be the profits generated from the project. This positive NPV shows that the investment would generate a profit in returns therefore, it can be and it should be made. If the case was a negative net present value, then the investment should have been avoided as it exhibits a potential loss. Q4. First and the main risk associated with the building of the facility is that there is no absolute calculation of the cash flows and costs; all the mentioned figures are expected. The anticipated cash flows is based on the sales and demand that is stretched over a period of ten years which can never be truly estimated at the moment. By the end oof the first two years, the company is opting for an optimistic outlook on the demand. The duration of the ten years seems to be on a very conservative side according to the department of treasury but, one thing not considered is the risk of changing rate of inflation which has the potential to vastly change the outcome of the expected cash flows after tax. Q5. Reviewing all the data calculated above, my recommendation is that the company should definitely carry on with the investment in this project. As the net present value is positive, the company is expecting a profit of $0.09million as calculated above. There is also a chance that the cash flows may continue longer than simply ten years. Although the company has taken a conservative side but there are many chance that the cash inflows may come for more than ten years which means that the NPV would be even greater. Lets assume even the cash inflow remains the same at $9 million but it come for 13 years the PV would be: Year 13: PV= $9 * 0.386= $3.312 Year 14: PV= $9 * 0.34= $3.06 Year 15: PV= $9 * 0.315= $2.84 If we calculate now, the NPV= $56.44 - $47.15= $9.29million; this shows that if the life of the project simply increases by 3 years, the NPV increases to $9.29 million. So, this investment should be made as it is in the best interest of the company. Buy custom PowerCo essay

Definition of an Aliphatic Compound

Definition of an Aliphatic Compound An aliphatic compound is an organic compound containing carbon and hydrogen joined together in straight chains, branched chains, or non-aromatic rings. It is one of two broad classes of hydrocarbons, the other being aromatic compounds. Open-chain compounds that contain no rings are aliphatic, whether they contain single, double, or triple bonds. In other words, they may be saturated or unsaturated. Some aliphatics are cyclic molecules, but their rings are not as stable as those of aromatic compounds. While hydrogen atoms are most commonly bound to the carbon chain, oxygen, nitrogen, sulfur, or chlorine atoms might also be present. Aliphatic compounds are also known as  aliphatic hydrocarbons or eliphatic compounds. Examples of Aliphatic Compounds Ethylene, isooctane, acetylene, propene, propane, squalene, and polyethylene are examples of aliphatic compounds. The simplest aliphatic compound is methane, CH4. Properties of Aliphatic Compounds The most significant characteristic of aliphatic compounds is that most of them are flammable. For this reason, aliphatic compounds are often used as fuels. Examples of aliphatic fuels include methane, acetylene, and liquefied natural gas (LNG). Aliphatic Acids Aliphatic or eliphatic acids are the acids of nonaromatic hydrocarbons. Examples of aliphatic acids are butyric acid, propionic acid, and acetic acid.

Software Engineering Assignment Example | Topics and Well Written Essays - 3000 words

Software Engineering - Assignment Example At this second level, organizations depend mainly on policies for managing a software project and measures to apply those policies are established. These measures help the organizations to repeat successfully the previously mastered tasks and avoid the repetition of failures. The major chunk of an organizations processes at this level stays institutionalized, through staff experience instead of detailed documentation procedures. The various engineering activities and the processes of management at this level is formally defined, documented and integrated. In the process of development and maintenance of software, the organizations staff follows this defined standard process. At this third level, newer methods and tools can be added, and it becomes easier to train new staff to adapt according to the requirement of the organization. At this level, organizations stress the importance of quantitatively measuring the quality of the products delivered by each process. Detailed measures of the software process and product quality are collected and used to identify and correct issues with process performances. Organizations set quantitative goals for both software products as well as processes. As part of the organizations measurement program, productivity and quality of all software process activities and its supporting activities are measured. As new sets of tools or processes are added, or adjustments are made to already existing processes, measurement data enables the organization to access the success of the adjustment as well as prevent the recurrence of defects. At level 5, focus is on the continuous process improvement. The organization proactively identifies strengths and weakness in process, with the aim of preventing the occurrence of defects. Here continuous improvement becomes institutionalized into the development process. Instead of merely

Resistance and containment as described in the song The Revolution Essay

Resistance and containment as described in the song The Revolution Will Not be Televised - Essay Example Scott-Heron underlines that a controlled or structured media can never demonstrate the waves of social, political and cultural changes of a nation. The entire song reveals the idea that The Black revolution would be down in the grooves and on the lanes. The whites always regarded the blacks as downtrodden and denied them the necessities of life. Though most of the black leaders had protested against this injustice, they were either silenced by jails or bullets. Blacks used Popular Music as the manifestation of their suppressed feelings and Scott- Heron’s song ‘The Revolution Will Not be Televised’ deserves significance in this respect. Through this widely accepted song, Scott-Heron could rouse the innate feelings of the blacks and the very first stanza of the song makes this grim reality vivid. Readers get a clear picture of the social set up existed with many ‘don’ts’ at the time of the composition of this song. As the blacks ‘will not b e able to’ perform what they desired, they realise the reality that their revolution for attaining racial equality will remain as an oasis. Any one can feel a note of sadness and can experience the dejected state of mind of the blacks in the song; on the other hand, the song has also the power to raise one’s thoughts to a higher level of aesthetic appreciation. As a spokesman of black community, Scott-Heron, like other black writers, portrays the ill-treatment they suffer at the hands of the dominant white community. The very first line of the song grabs one’s attention as one can see the pathetic state of blacks being denied of their own houses. However, there is a struggle to endure the sufferings and by portraying the endurance of the blacks, Scott-Heron in a way is advocating that liberation is constantly countered by implicit (and explicit) forms of oppression that are not always immediately identifiable (Jackson). Scott-Heron uses a lot

Assessing Importance of School Factors Such as Racism Essay Example for Free

Assessing Importance of School Factors Such as Racism Essay A variety of material disadvantages that may confront ethnic minorities coming from working class backgrounds are they do not achieve the same level of education. The main achievers are Indian, Chinese and African students, but the lowest achievers are Turkish, Bangladeshi And Afro Caribbean students. The white working class students are the lowest achieving, which is peculiar because most sociologists are white who stereotype and label other students from different backgrounds. The main cause of underachievement in schools are cultural and language factors which sociologists clarify and focus on and are thought to be main cause of everything. Previously the spotlight has been put on what happens in school and racism in common As shown by Cecile Wright, which explains that, Asian students can also be the victims of teachers Cecile found out that regardless of the schools evident promise to equal opportunities, teachers still hold ethnocentric views they believe that British culture and English are greater. This prepared teachers to assume that they would have a poor pronunciation of English and left them out of class debates or used basic, childlike speech when speaking to them. Asian pupils also felt cut off when teachers spoken dissatisfaction of their behaviour or misread their names. Teachers saw them not as a risk but as a difficulty they could take no notice of. This resulted in that Asian pupils in particular the girls were hard-pressed to the limits and disallowed from play a part fully. Close at hand is proof of teacher racial discrimination and harmful labelling. Nevertheless study shows that pupils can take action in variety of ways. They may take action by becoming unsettling or withdrawn but pupils may decline to agree to the label and even choose to prove it incorrect by putting in hard work. Off-putting labels do not repeatedly twist into self-fulfilling prophecy Working class white pupils attain below standards and have lesser desires. There isn’t much parental support at home, which means there is low achievement and goals. Reports show that teachers have to deal with low level of behaviour and discipline in white working class schools. Nevertheless they had fewer kids on benefit programs teachers blame this on inadequate parental support at home and negative attitude that white working class parents have towards their children and their education. The life in the street for white working class can be tough for pupils which means they get used to getting intimidating and intimidate other which they pick up and use in school to cause disruptions and make it hard for other students to succeed at school. Underachievement of student of different is blamed on cultural deprivation. Few sociologists say that Afro-Caribbean families lack a close relationship to their family and therefore are extremely violent towards everything they do. Arguments explain that families aren’t very supportive towards their children and they don’t offer enough cultural capital for their children. Stereotypical views suggest those students are not deprived because of their class or because of their backgrounds. Factors like social class are important to certain ethnic minorities like Pakistanis, Bangladeshis and a considerable amount of Afro-Caribbean students, which are all working class backgrounds in which material deprivation play a main role because to find out why they achieve below the national standards. Sociologists say schools and curriculums made just for one specific group of ethnic minority gives priority to one particular ethnic minority while disregarding other ethnic groups. Some schools have curriculums, which are ethnocentric because they only give priority to English languages. The British curriculum has been described as exclusively British. In history Britain is thought to bring civilisation to ancient people are colonised. Black people as inferior weakens black children’s self esteem and Leads to them to underachieving and failing. It isn’t for sure what effects the ethnocentric study shows that black don’t really suffer from low self esteem. Wright’s study found some ethnic minority groups received poorer interaction from staff. Teachers perceptions were seem as stereotypical although Asian students were seen as good and black students were seen disruptive and disobedient. Study show that schools in cities which contain ethnic minority students were not benefitting in terms of O Levels entries because of being in low set and having to achieve high grade in order to get good results and become successful. Overall taking into consideration we can not split or label ethnicity from social classes and gender since this is really difficult matter as some of the main achieving students are from ethnic minorities so for that reason there isn’t a connection here so we can’t make statements or come to conclusions as to what the association among ethnic groups and schools actually are. Pupils can refuse to accept negative classing and teacher expectations. Sociologists can’t come to a conclusion to explain what occurs between teacher and students or what takes place in different ethnic groups related to education. Students live up to roles they are given but can try to resist the labels and getting put behind by carrying out what is thought of them to do or do what they want to do and achieve good education and become successful.

Education as a Part of the Harlem Renaissance Essay -- Harlem Renaissa

Education as a Part of the Harlem Renaissance In 1917, the United States found itself buried in a conflict with many different nations. Labeled as World War I, the United States goal was to support the fight for democracy across the world. As the war progressed, there was a need to fulfill many jobs due to the labor shortages that the North had been experiencing. To be more exact, the North received a major labor blow, due to the large enlistment of men into the Army. The draft also helped to cripple the labor supply of the North. The fact that the North was primarily industry based, caused many jobs to become vacant, and created an extremely high demand for an immediate labor force. Large numbers of African Americans migrated from the South to the North in response to the need for a steady labor force, and in hopes of finding economic growth. As World War I ended, many more African Americans migrated from the south to the north due to an overwhelmingly large amount racial tension in the aftermath of the war. This great mig ration of African Americans, from the south to the north led to black settlements in some of the larger northern industrial cities, such as Washington D.C., Philadelphia, and New York. In about 1920, many of the African Americans who had moved to the north from the south were beginning to embrace the concept of the â€Å"New Negro†, which was a movement that was not only a social revolt against racism, but also served as a literary movement, as well as redefined African American expression. This movement better known as the Harlem Renaissance was a key contributor to African Americans, and the way that their roles changed in the United States, on the road to equal rights as well as economic equality. The Harlem Renaissance will forever be remembered as the turning point in African American culture, as well as their place in America today. Harlem Renaissance An era of written and artistic creativity among African Americans that occurred after World War I, and lasted until the middle of the 1930’s depression; This is the definition that you would probably get for the Harlem Renaissance if you looked it up in a book, but the Harlem Renaissance was much more than that. The Harlem Renaissance was an expression of redefined African Americans who felt a sense of self-pride, and promoted the celebration of their African American herita... ...erature was written with such intricate writing methods, and complex undertones. The works of the period were a tough read. Many black felt the nee to be informed on what was going on in their communities. Many black journals, and magazines published and owned by black intellectuals kept blacks abreast on what was going on in the cities. Another influence of Education was an influx of black immigration from the West Indies during the 1920's. This immigration was in result of many of the Caribbean people thinking that there was a chance of greater prosperity, as well as opportunity in the United States, than in their country. New York soon began to become a center for immigration into the United States. Unlike many of the southern blacks that migrated to the north after World War I, there was almost no illiteracy amongst the immigrants. They were described as being sober-minded, and having a genius for business enterprise.† Furthermore it was mentioned that, â€Å"one-third of the city's Negro professionals, physicians, dentists, and lawyers were foreign born." Education made the Harlem renaissance a learning experience, and paved the way for other black intellectuals to emerge.

Education in the Classroom, or in the Real World

Oscar Wilde and Lord Brougham have different ideas about the education system. Wilde states â€Å"Education is an admirable thing, but it is well to remember from time to time that nothing that is worth knowing can be taught. † This means that education does not teach a person every thing they need to know, a person learns from doing things outside of school. Lord Brougham says â€Å"Education makes a people easy to lead, but difficult to drive; easy to govern but impossible to enslave. † This means Brougham sees education as the tool, which creates free thinkers. Wilde has a better idea about education because he seems to believe that there are many ways to learn things. People are not taught in school how to deal with accidents, how to be trusted, and how to be a good friend to someone. Accidents are unexpected happenings that can be caused by chance. Accidents happen in many different ways and different places. Dealing with an accident isn't something that teachers explain it is something that a person learns first hand. When a person is in an accident there is a lot to deal with. Depending on the type of accident. For example I was in an accident, my truck rolled. The first thing I had to deal with is talking to the police officer. Dealing with the police is scary no matter what the situation is, not to mention a near death situation. The cop went over what happened, who was driving and of course who was drinking. After that was established the next thing to deal with was dad. A parental unit is hard to explain something like this to. There isn†t a teacher who can teach a student how to explain to their father that they just rolled their pick up. Some parents are very strict and not very understanding, and some parents are easy going and don't care. It would be hard for teachers to know what kind of an accident the student was in, and what the student is feeling after the accident therefore it would be hard to teach the student how to deal with an accident they just have to learn it for themselves. There is no teacher that can tech a person thing that are learn by being taught. People have to earn some ones trust they just don†t automatically trust some one. Teachers can't say their looks like a good person, they have on nice clothes, and they can be trusted. It don't work that way, trust has to be built. It can be built by returning something someone dropped or by listening when a friend is having a bad day, and not turning around blabbing what she just said. Sharing secrets helps build trust. A person has to learn who they can and can't trust, sometimes they may get burned and hurt, when they tell a secret and go to school the next day to find out the whole school body knows what the little secret was. They learned that they couldn†t trust that person, even if that person was dressed in nice clothes, and looked like a good person. Sharing secrets and knowing who that person is build trust. No teacher can tech a person to trust anyone they don't know. To be a good friend a person has to be there to listen to problems. Not only listening but willing to give advice. The old saying â€Å"If all your friends jumped off a cliff would you? † A true friend would say no, because they would be at the bottom, to catch their friends. A true friend would get up in the middle of the night to listen a dream that just couldn't wait until tomorrow. Teachers can't teach a person how to be a good friend or for that matter, teachers can't teach you how to be a good friend. If a person cares about another person they can be friends because they will be will to go out of their way to help the other person. If people didn't care about people they wouldn't help each other out, and they wouldn't be friends. People can be nice to people but that don't make them friends. Teachers can teach people how to be nice to people, also called manners. Friends are something that just comes natural. To know and to learn are two different things. Know how to wreak a truck or to wreak a friendship can only be taught by them. No teacher can tech a person how to roll a truck or how to gain the trust of a good friend. Only a person can tech them selves and still learn by the mistakes that where given, during the time that a person was taught.

The Brute

The drama essay â€Å"The Brute† by Anton Chekhov is typically referred to that subgenre of comedy known as the farce. What separates a farce from the more pedestrian and commonplace â€Å"comedy† is that it is infused with a sense of whimsy as well as a detachment from reality that, paradoxically, should serve to make it all the more realistic. In the case of The Bear the farcical elements are utilized to heighten the emotional intensity that is under normal circumstances subject to far too much control and restraint to allow it freedom in a work of drama as short as this play.The revelation that love and the realization of love is enough to make Smirnoff undergo the series of truly bizarre and unexpected changes in register could probably only be accomplished in a farce. The arguments that take place between Mrs. Popov and Smirnov serve both to provide the comic material for the play and as a foundation upon which to build Smirnov's growing realization that he succumb ing to the ultimate debt of love. Popov has retained her commitment to her husband long after his death has released her from that debt.Smirnov is a landowner who had lent money to Mr. Popov's husband before his death and who has now shown up to demand repayment because he, in turn, is facing down his own creditors. The cyclical nature of debt and repayment serves as a metaphor for relationships between men and women. The play proceeds from a point of Popov's refusal and Smirnov's reactions. It is the evolution of Smirnov's reactions that is the key to understanding his character.The progression of the play is through dialogue rather than action and the progression of the dialogue of Smirnov is one of self-assuredness-almost cockiness-to a sense of losing control, which ultimately leads Smirnov to realize he has fallen in love. Smirnov boasts that he has â€Å"refused twelve women and nine have refused† him. These are the words of a man still secure in his independence before a woman; an insecure man never admits that a woman has refused him, much less nine. The subject at hand is still the debt as the argument intensifies, but then Mrs.Popov takes it from the financial to the personal. She attacks his very humanity by crying out â€Å"You're nothing but a crude, bear! A brute! A monster! â€Å". Finally, things progress-as it seems it always must-to weapons being brought to bear. Mrs. Popov goes for her husband's pistols, essentially turning the argument into a full scale duel. There is only one problem: Mrs. Popov does not know how to fire the gun. At this point, she ceases to be a debtor and is well on her way to becoming a woman. Smirnov is lost.Smirnov's reactions to Mrs. Popov change considerably after weapons are introduced and since it is clear he has no real fear for his life, this change that comes over only can only be attributed to a death in his original feelings for the widow as his emotional trek comes to a rest a full one-hundred eight y degrees from where he started. Nothing in either his words or his actions could lead one to suppose that any element of truth is expressed when Smirnov asserts â€Å"If she fights I'll shoot her like a chicken! . One can well imagine the Smirnov who first entered Mrs. Popov's home at the beginning of the play actually entertaining this idea-if not actually going through with it-but the words ring empty and hollow by the point at which they are actually spoken. The Bear is a drama-perhaps even a tragedy if one cares to extrapolate what may happen to these two characters once the curtain comes down upon this small moment in their lives-masquerading as a farce. And, of course, it has to be that way.If the events that take place within the short period of time allotted in this short play were played straight and dramatically, Smirnov's strange, comedic odyssey from cold, heartless debt collector to overwhelmed object of love would draw even more laughs, albeit unintentionally. To sho w the absurdity of Smirnov's situation, indeed the absurdity of how any two people come to fall in love, the farce is the writer's best weapon. It provides a method of distancing the audience from realizing they too are characters in a real life farce every time they fall in love.

Problems in Rondonia essays

Problems in Rondonia essays The Amazon, the largest area of continuous tropical rain forest in the world, is greatly cherished for its abundance of plant and animal diversity. Destruction of the tropical rainforests that take place today in Rondonia is caused by a government movement. The government of Brazil stated that all the 'Small Holders' would receive a share of land to their ownership where they are also promissed a better and easier life, farming the lands are their jobs once moved to Rondonia. The terible irony in this situation the governement hasn't realized is, the farms don't have furtile land that can't support farming which defeats the purpose of starting a farm there which also leads to destroying the land. As the Small Holders have to move to new lands they push out the already living rubber tappers that can live of of 1 hectare in which Small Holders can't even live off 500. The one most dredful irony the fact of cutting down the rainforest creates a national globel problem for example , the rain forest keeps the ground from drying out. Its vegetation absorbs water and then slowly releases it. When this vital watershed is lost, catastrophic flooding can result. Thus, the Amazon also serves as a weather regulator. If the cutting of the rain forest continues many species in the Amazon will be lost, the most devestating part is weather change, globel warming because of our ozone beening decreased it is. The destruction of the Amazon should be stoped. ...

Extended Metaphor in Literature

Extended Metaphor in Literature An extended metaphor is a common literary device used as a comparison between two, unlike things that are commonly used in descriptive prose or poetry. Sometimes, it is just a sentence or two, or sometimes it can be even longer, lasting a paragraph or more. This literary term is also known as a conceit or a mega-metaphor. An extended metaphor is sometimes confused with allegory. The various elements or  images  in an extended metaphor may fit together or complement one another in different ways. Allegory Versus Extended Metaphor Allegory is often described as an extended metaphor, but this description only works if extended refers to the linguistic expression while metaphor refers to the conceptual structure. For example, Peter Crisp, English professor for the Chinese University of Hong Kong, claims that Extended metaphor... is different from allegory because it contains language that relates directly to both the  source and target. Literary Construct Only Extended metaphors  are a literary construct as opposed to an ordinary-language  metaphor. Extended metaphors are used consciously and sustained throughout a text or discourse. Unlike ordinary-language metaphors, they are not a one-off use of a description usually made out of necessity to get a point across. According to some language experts, extended metaphors are the exclusive property of literary texts, although this is not conclusive because of the use of  sustained metaphors in advertising. Examples of Extended Metaphors The best way to understand the concept of an extended metaphor is to see it in use. Authors and poets from all over the world, from all genres, and many time periods, have used or likely will use an extended metaphor in one way or another. Dean Koontz, Seize the NightBobby Holloway says my imagination is a three-hundred-ring circus. Currently, I was in ring two hundred and ninety-nine, with elephants dancing and clowns cartwheeling and tigers leaping through rings of fire. The time had come to step back, leave the main tent, go buy some popcorn and a Coke, bliss out, cool down.Michael Chabon, The Yiddish Policemans UnionIt never takes longer than a few minutes, when they get together, for everyone to revert to the state of nature, like a party marooned by a shipwreck. That’s what a family is. Also the storm at sea, the ship, and the unknown shore. And the hats and the whiskey stills that you make out of bamboo and coconuts. And the fire that you light to keep away the beasts.Emily Dickinson, Hope Is the Thing With FeathersHope is the thing with feathersThat perches in the soul,And sings the tune- without the words,And never stops at all,And sweetest in the gale is heard;And sore must be the stormThat could abash the little birdThat kept so many warm.Ive heard it in the chillest land,And on the strangest sea;Yet, never, in extremity,It asked a crumb of me. Charles Dickens, The Mystery of Edwin DroodWhosoever has observed that sedate and clerical bird, the rook, may perhaps have noticed that when he wings his way homeward towards nightfall, in a sedate and clerical company, two rooks will suddenly detach themselves from the rest, will retrace their flight for some distance, and will there poise and linger; conveying to mere men the fancy that it is of some occult importance to the body politic, that this artful couple should pretend to have renounced connection with it.Similarly, service being over in the old Cathedral with the square tower, and the choir scuffling out again, and divers venerable persons of rook-like aspect dispersing, two of these latter retrace their steps, and walk together in the echoing Close.Henry James, The AmbassadorsUnless she hid herself altogether she could show but as one of these, an illustration of his domiciled and indeed of his confirmed condition. And the consciousness of all this in her charming eyes w as so clear and fine that as she thus publicly drew him into her boat she produced in him such a silent agitation as he was not to fail afterwards to denounce as pusillanimous. Ah dont be so charming to me!- for it makes us intimate, and after all what is between us when Ive been so tremendously on my guard and have seen you but half a dozen times? He recognized once more the perverse law that so inveterately governed his poor personal aspects: it would be exactly like the way things always turned out for him that he should affect Mrs. Pocock and Waymarsh as launched in a relation in which he had really never been launched at all. They were at this very moment- they could only be- attributing to him the full license of it, and all by the operation of her own tone with him; whereas his sole license had been to cling with intensity to the brink, not to dip so much as a toe into the flood. But the flicker of his fear on this occasion was not, as may be added, to repeat itself; it spran g up, for its moment, only to die down and then go out forever. To meet his fellow visitors invocation and, with Sarahs brilliant eyes on him, answer, was quite sufficiently to step into her boat. During the rest of the time her visit lasted he felt himself proceed to each of the proper offices, successively, for helping to keep the adventurous skiff afloat. It rocked beneath him, but he settled himself in his place. He took up an oar and, since he was to have the credit of pulling, pulled. Will Ferrell (Actor/Comedian), Commencement Address at Harvard University in 2003I graduated from the University of Life. All right? I received a degree from the School of Hard Knocks. And our colors were black and blue, baby. I had office hours with the Dean of Bloody Noses. All right? I borrowed my class notes from Professor Knuckle Sandwich and his teaching assistant, Ms. Fat Lip Thon Nyun. That’s the kind of school I went to for real, okay?

Managerial accounting Essay Example | Topics and Well Written Essays - 1000 words

Managerial accounting - Essay Example Utilization of manufacturing overhead: over application or under application Under application or over application of manufacturing overhead is given by the difference between expected costs and actual costs. Expected overhead cost for December= $ 200000 Actual costs= number of machine hours *rate per machine hours =6000*30 =180000 Therefore Under application of manufacturing overhead = expected coast- actual cost =200000-180000 =20000 Under application of manufacturing overhead cost during December is $ 20000. Balance in finished goods inventory account on 31 December Finished goods inventory consist of the N11- 013 goods. The cost of finished inventory is therefore the total cost for N11-013. Total cost = direct materials+ direct labor+ overheads =8000+ 24000+ (1000*30) =32000+30000 = 62000 Therefore, closing finished goods inventory is equivalent to $ 62000. ... th ended 30 November Physical units materials conversion total Beginning WIP 1600 - 800 Units started and completed 34000 34000 34000 Ending WIP 2000 2000 1000 Equivalent units 37600 36000 35800 Manufacturing costs 265680 172320 438000 Cost per equivalent units 7.38 4.8134 12.1934 Assigned costs Completed and transferred 250920 163655. 6 414575.6 Ending work in progress 7380 2406.7 9786.7 Where the value of equivalent units is obtained from the formula Equivalent units = beginning WIP+ units started completed + ending WIP Cost of ending work in progress = unit cost*(*2000*50%) (Heisinger, p. 163) Question 3: Carvings for Cakes Pty Ltd Excel spreadsheet for calculating cost per unit of activity driver activity cost quantity cost per unit activity prepare annual accounts 5000 #DIV/0! process receivables 15000 5000 3 process payables 25000 25000 1 program production 28000 1000 28 process sales order 40000 4000 10 dispatch sales order 30000 2500 12 develop and test products 60000 #DIV/0! load mixers 14050 1000 14.05 operate mixers 45900 200000 0.2295 clean mixers 6900 1000 6.9 move mixers to filling 3450 200000 0.01725 clean trays 20000 16000 1.25 fill trays 16000 800000 0.02 move to baking 8000 16000 0.5 set up ovens 50000 1000 50 bake cakes/ pastries 130000 1000 130 move to packing 40000 16000 2.5 pack cakes/ pastries 80000 800000 0.1 inspect pastries 2500 50000 0.05 Bill of activities for Lamington bill of activities for Lamington cost rate cost drive level activity cost process receivables 3 500 1500 process payables 1 200 200 program production 28 100 2800 process sales order 10 400 4000 dispatch sales order 12 500 6000 develop and test products 600 load mixers 14.05 100 1405 operate mixers 0.2295 30000 6885 clean mixers 6.9 2000 13800 move mixers to filling 0.01725