Two stage abc for manufacturing
assume sherwin-williams company, a large paint manufacturer, has determined the following activity costs pools and cost driver levels for the latest period:

activity cost pool activity cost activity cost driver
machine setup $950,000 2,500 setup hours
material handling 820,000 5,000 materials moves
machine operation 200,000 20,000 machine hours

the following data are for the production of single batches of two products, mirlite and subdue:
mirlite subdue
gallons purchased 50,000 30,000
direct labor hours 400 250
machine hours 800 250
direct labor cost $10,000 $7,500
direct materials cost $350,000 $150,000
setup hours 15 12
material moves 60 35
determine the batch and unit costs per gallon of mirlite and subdue using abc.

Intronix uses copy editors, computer graphics specialists, and java programmers to produce ads for magazines and the internet. the average new ad for magazines typically requires 180 hours of a copy editor's time and 135 hours of a computer graphics specialist's time, whereas ads produced for the internet require 35 hours of copy editor time, 195 hours of computer graphics time, and 60 hours of a java programmer's time. lassie food, a dog food manufacturer, has hired intronix to produce ads in the next four week. although currently it considers magazine ads 3 times more valuable than internet ads, it still wishes to have at least 2 of each produced within the next four weeks. intronix has assigned up to 3 copy editors, 4 computer graphics specialists, and 1 java programmer, each committed to work up to 70 hours per week on the project. how many of each type of ad should be produced to maximize the overall value to lassie foods

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.