Calculate the allocation rates for each cost driver using ABC.

Alternative Costing Method

Hampshire has always produced stick umbrellas. However, it is considering expanding its production to include collapsible umbrellas. This consideration has been spurred by Tours Today, a touring company that is interested in providing its customers with collapsible umbrellas imprinted with its logo. The management at Hampshire is currently working out a deal with the touring company to produce 3,000 collapsible umbrellas and believes it can sell those umbrellas for $14.00 each. Here are the costs that can be directly traced to this special order:

Direct Materials: $9,300

Direct Labor Hours: 600

Hourly Rate of Direct labor: $8.00

In the traditional costing approach, overhead is applied at the rate of $24.60 per labor hour. This expansion in production will add additional overhead costs. The total overhead costs (assuming production of the stick and collapsible umbrellas) to include the cost pools and cost drivers are provided in Table 2.

An alternative costing method that might benefit Hampshire is the implementation of activity-based costing (ABC) . Hampshire would like to implement an ABC approach to analyze the production of this special order of collapsible umbrellas. The controller has assembled the following information:

Table 1: Direct Cost Information and Activities

Table 2: Activity Cost Pools and Cost Drivers

Another alternative to traditional costing and ABC is time-driven activity-based costing (TDABC). You will need to determine which of these three methods would be the best approach for the Hampshire Company. The following article may assist you in your analysis: Time-Driven Activity-Based Costing. Additionally, you may want to use the Shapiro Library to conduct further research on the three methods. You will need to defend your position when answering the prompts for the written portion of this section.

Using the information provided above, complete the following in the Hampshire Company Spreadsheet in order to assist you in responding to all components of Section IV:

1. Calculate the allocation rates for each cost driver using ABC.

Use the traditional costing approach to calculate the total cost and the unit cost of the stick and collapsible umbrellas.

Use ABC to compute the total costs and the unit cost for the stick and collapsible umbrellas.

Compute the difference between the product cost per stick and collapsible umbrellas using the unit cost that you computed with the traditional approach and the one that you computed using ABC.

Calculate price variances for material and labor and denote whether they are favorable or unfavorable.

Benchmarking

The management of the Hampshire Company would like to implement benchmarking. Standard costs have been established and are presented below. You will want to complete a variance analysis to include efficiency and price variances for materials (cloth and handle assemblies) and labor based on the following data:

Units Produced = 80,000

Units Sold = 60,000

Direct Materials Purchased and Used

Actual yards of cloth purchased and used: 128,000

Actual price incurred per yard: $1.25

Actual handles purchased and used: 80,808

Actual price per handle/rib/stretcher assembly: $0.99

Direct Manufacturing Labor Used

Actual direct labor hours used: 15,748

Actual price per hour: $7.62

Direct labor costs: $120,000

Standard Rates

Standard labor hours per unit: 0.20

Standard labor price per hour: $7.50

Yards material per unit: 1.50

Standard price per yard: $1.15

Handle/rib/stretcher assembly per unit: 1

Standard price per handle assembly: $1.05

Companies can use variance analysis and benchmarking to measure performance within their own company and against competitors. This can be done by setting standards/budgets and comparing a completed variance analysis to results from prior periods or comparing them to competitors’ results. Using the information provided above, complete the following calculations (steps 1 and 2) in the Hampshire Company Spreadsheet. This will assist you in responding to all components of Section III.

1. Calculate price variances for material and labor and denote whether they are favorable or unfavorable.

Calculate efficiency variances for material and labor and denote whether they are favorable or unfavorable.

In order to measure performance and make use of the variance analysis completed, management understands the need to compare results with their competitors. Following the steps outlined below, you will research benchmarking and propose the most effective approach for your company. Respond to Parts A through C of Section III as outlined in the Final Project Guidelines and Rubric document.

Prepare a variable costing income statement.

Inventory Management

The information below represents the beginning and ending inventory amounts along with the production and sales for the month in umbrella units.

Beginning Inventory: 0 Umbrellas

Production: 80,000 Umbrellas

Sales: 60,000 Umbrellas

Ending Inventory: 20,000 Umbrellas

Using the information provided above and the costs and sales information provided in Section I, complete the following in the Hampshire Company Spreadsheet in order to assist you in responding to all components of Section II:

Prepare a variable costing income statement.

Prepare an absorption costing income statement.

Compute the unit contribution margin in dollars and the contribution margin ratio for one umbrella.

Cost-Volume-Profit Analysis

The Hampshire Company manufactures umbrellas that sell for $12.50 each. In 2014, the company made and sold 60,000 umbrellas. The company had fixed manufacturing costs of $216,000. It also had fixed costs for administration of $79,525. The per-unit costs of each umbrella are as follows:

Direct Materials: $3.00

Direct Labor: $1.50

Variable Manufacturing Overhead: $0.40

Variable Selling Expenses: $1.10

Using the information above, perform a cost-volume-profit (CVP) analysis by completing the steps below. All CVP calculations should be completed in the Hampshire Company Spreadsheet. Note: The CVP analysis satisfies Part A of Section I.

Compute net income before tax.

Compute the unit contribution margin in dollars and the contribution margin ratio for one umbrella.

Calculate the break-even point in units and dollars of revenue. Note: This is a required part of the CVP analysis and satisfies Part C of Section I.

Calculate the margin of safety:

In units

In sales dollars

As a percentage

Calculate the degree of operating leverage.

Assume that sales will increase by 20% in 2015. Calculate the percentage of before-tax income for this increase. Provide calculations to prove that your percentage increase is correct based on the operating leverage calculated in step 5.

Compute the number of umbrellas that Hampshire is required to sell if it plans to earn $120,000 in income before taxes by using the target income formula. Proof your calculation.

A company that specializes in tours in England has offered to purchase 5,000 umbrellas at $11 each from Hampshire. The variable selling costs of these additional units will be $1.30 as opposed to $1.10 per unit. Also, this production activity will incur another $15,000 of fixed administrative costs. Should Hampshire agree to sell these additional 5,000 umbrellas to the touring business? Provide calculations to support your decision.

Additionally, complete Parts B and D of Section I as outlined in the Final Project Guidelines and Rubric document.

Develop a composition in APA Style that discusses each of the AACN Essentials and describe how you met each essential.

Describe how Ayurveda is currently used in your neighborhood

1. Use the Internet to further explore Ayurvedic Medicine.
2. Then, write a  summary of your findings. Be sure to:
   1. Describe how Ayurveda is currently used in your neighborhood
   2. Explain how primary and tertiary settings are currently using Ayurvedic Medicine in their practice. Provide examples.
3. Your work should be 2-3 pages, including:
   • APA Writing Style (Links to an external site.)
   • reference page
   • spacing and margin settings

Explain the impact of legal and illegal downloading of music on the financial performance of record companies.

Protection from   Piracy

Prior to beginning work on this discussion, please read all of the required resources for this week. Review the instructions below and research a minimum of five additional peer-reviewed and/or scholarly sources in the UAGC Library that were published within the last 10 years to help support your statements. Be sure to include a reference list for your sources at the end of your post in APA format as outlined by the UAGC Writing Center (Links to an external site.).

In the last 15-20 years, internet piracy or “file sharing” of copyrighted material has gained significant popularity. It is a topic that has regularly sparked debate and has received international attention. While many people agree that file sharing is unethical and consider piracy to be equivalent to theft, others support file sharing and claim that their actions are ethical and justified.

From a professional, evidence-based perspective, address the following issues supporting your statements with evidence from your researched sources.

· Explain the impact of legal and illegal downloading of music on the financial performance of record companies.

· Evaluate whether or not it is ethical to download copyrighted music for free.

o Analyze the motivations of otherwise ethical people who take advantage of free downloads of copyrighted materials.

· Explain the appropriate role of colleges and universities in addressing file-sharing amongst their students.

· Evaluate whether or not it is ethical for the Recording Industry Association of America (RIAA) to sue random copyright violators in an effort to instill fear in all violators.

What is your opinion on the English monarchy, is it still needed or is it an outdated institution? Cite source 

Recently, Queen Elizabeth II passed away ushering in the reign of King Charles III. Do some research on the modern English monarchy.  What are the powers of the monarchy in the United Kingdom and its political entities?  What are the arguments for and against having the monarchy in place in the UK?  Does this impact the larger European region?  What is your opinion on the English monarchy, is it still needed or is it an outdated institution? Cite source

What is the family’s impact on this Special Education student’s success, and what is the impact of this student on the functioning of the family?

Instructions

Add this information to the beginning of your paper as an introduction, after your title page.

In the form of a Journal with an entry of 1.5-2 pages at least for each of the **topics located in the textbook (Chapter titles are the topics for this project) which will equal to a minimum of 21 pages for 14 chapters, discuss how the Rights and Privileges of this Special Education student and their family are protected by the aspects of Special Education Law that are described in that chapter. Tell the story of how that chapter affected that child’s life, what their life might be like without that part of the Special Education Law. Identify the ethical issue and show its relationship to the case. It would be best if you were the narrator when writing about the child/student.

Create your Case Study “child/student” on the first day of class. Throughout the chapter readings in each module, as the book proceeds, read the chapter and then write 2-3 pages of a Journal Entry for each of the chapters discussed in each module. Work on this Key Assessment every week to make the process easier and smoother, guaranteeing quality work.

Key Assessment- EDU-3340-Final Project: Special Ed Law Case Study; A Comprehensive Study of Special Education Law Using Writing a Journal Focusing on a Special Education Student and Their Family. (70 points) (Rubrics points/grading scale will be provided).

A Comprehensive Study of Special Education Law includes all of the topics included in the textbook chapters enhanced by an understanding of the Ten Step Special Education Process. Discussing the issues encountered by a Special Education Student for each of these topics in a journal format will serve as the focus for the key assessment for this course.

All topics are included in the chapters of the textbook.

The Ten Step Special Education Process is as follows:

Step 1. The child is identified as possibly needing special education and related services; Child Find, Referral, or request for evaluation.

Step 2. The child is evaluated.

Step 3. Eligibility is decided.

Step 4. The child is found eligible for services.

Step 5. IEP meeting is scheduled.

Step 6. IEP meeting is held, and the IEP is written.

Step 7. After the IEP is written, services are provided.

Step 8. Progress is measured and reported to parents.

Step 9. IEP is reviewed.

Step 10. The child is reevaluated.

A Case Study Special Education Student will be created by each candidate and used to address all the topics in the chapters from the textbook. In order to create this fictional yet credible student, the following components must be included;

student’s fictitious name

age

family composition

information about the student’s disability, such as its name

definition of the disability

history of the disability

cause or theories about its cause

description of its prevalence and characteristics

how it is diagnosed and assessed, and what types of educational interventions

modifications and accommodations service and support, which are usually used to assist the student with this disability

Are Assistive Technologies necessary for this student’s success in school?

What is the family’s impact on this Special Education student’s success, and what is the impact of this student on the functioning of the family?

create a 1-page pamphlet for use at a university’s health services center to educate college students on sexual assault or intimate partner/domestic violence prevention (or intervention).

Imagine that you are tasked to create a 1-page pamphlet for use at a university’s health services center to educate college students on sexual assault or intimate partner/domestic violence prevention (or intervention).

Please include the following:

1. Area of focus: sexual assault or domestic/intimate partner violence

2. At least 3 current statistics (within the last 5-7 years) on topics such as scope, prevalence, comorbidity, demographics at risk, etc.).

3. At least one sexual or gender minority data piece must be included.

4. Include at least 3 community-based resources.  One must be nationally available.  The others can be local to your current setting.

5. At least 2 scholarly sources must be cited in-text on the pamphlet (and a reference list included on the bottom). Please use APA for all citations.

Paper Requirements

· Maximum 1 page submission

· A minimum of 2 peer-reviewed articles cited in-text and referenced on the pamphlet.

· APA style.