Martha's Wonderful Cookie Company makes a special super chocolate-chip peanut butter cookie. The company would like the cookies to average approximately eight chocolate chips apiece. Too few or too many chips distort the desired cookie taste. Twenty samples of five cookies each during a week have been taken and the chocolate chips counted. The sample observations are as follows:

Sample Chips per Cookie
1 7 6 9 8 5
2 7 7 8 8 10
3 5 5 7 6 8
4 4 5 9 9 7
5 8 8 5 10 8
6 7 6 9 8 4
7 9 8 10 8 8
8 7 6 5 4 5
9 9 10 8 9 7
10 11 9 9 10 6
11 5 5 9 8 8
12 6 8 8 5 9
13 7 3 7 8 8
14 6 9 9 8 8
15 10 8 7 8 6
16 5 6 9 9 7
17 6 10 10 7 3
18 11 4 6 8 8
19 9 5 5 7 7
20 8 8 6 7 3
Construct an /x chart in conjunction with an R-chart using 3? limits for this data.
What is the mean of the x-chart?
What is the average range of the data?
What is the UCL of the x-chart?
Does the process appear to be in control?

Eliminating entries (including goodwill impairment) and worksheets for various years on january 1, 2013, porter company purchased an 80% interest in the capital stock of salem company for$850,000. at that time, salem company had capital stock of $550,000 and retained earnings of $80,000.differences between the fair value and the book value of the identifiable assets of salem company were asfollows: fair value in excess of book valueequipment$130,000land65,000inv entory40,000the book values of all other assets and liabilities of salem company were equal to their fair values onjanuary 1, 2013. the equipment had a remaining life of five years on january 1, 2013. the inventory was sold in2013.salem company’s net income and dividends declared in 2013 and 2014 were as follows: year 2013 net income of $100,000; dividends declared of $25,000year 2014 net income of $110,000; dividends declared of $35,000required: a. prepare a computation and allocation schedule for the difference between book value of equity acquired andthe value implied by the purchase price. b.present the eliminating/adjusting entries needed on the consolidated worksheet for the year endeddecember 31, 2013. (it is not necessary to prepare the worksheet.)lo6lo1

An instance where sellers should work to keep relationships with customers is when they instance where selllars should work to keep relationships with customers is when they feel that the product

Zachary company produces commercial gardening equipment. since production is highly automated, the company allocates its overhead costs to product lines using activity-based costing. the costs and cost drivers associated with the four overhead activity cost pools follow: activities unit level batch level product level facility level cost $ 64,800 $ 27,730 $ 15,000 $ 154,000 cost driver 2,400 labor hrs. 47 setups percentage of use 11,000 units production of 780 sets of cutting shears, one of the company’s 20 products, took 240 labor hours and 7 setups and consumed 15 percent of the product-sustaining activities. required: (a) had the company used labor hours as a company wide allocation base, how much overhead would it have allocated to the cutting shears? (b) how much overhead is allocated to the cutting shears using activity-based costing? (c) compute the overhead cost per unit for cutting shears first using activity-based costing and then using direct labor hours for allocation if 780 units are produced. if direct product costs are $150 and the product is priced at 30 percent above cost for what price would the product sell under each allocation system? (d) assuming that activity-based costing provides a more accurate estimate of cost, indicate whether the cutting shears would be over- or underpriced if direct labor hours are used as an allocation base. explain how over-or undercosting can affect vaulker's profitability. (e) comment on the validity of using the allocated facility-level cost in the pricing decision. should other costs be considered in a cost- plus pricing decision? if so, which ones? what costs would you include if you were trying to decide whether to accept a special order?