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The Densain water plant in Naples, Florida, bottles purified and flavored waters in a variety of sizes (20, 36, 48, and 64 ounces) for sale through vending machines and retail stores. Volume is measured as bottled ounces. The plant's annual budgeted fixed manufacturing overhead amounts to $1.8 million, and variable manufacturing overhead is projected at $0.005 per bottled ounce. Projected volume in the Naples plant next year is 200 million ounces. Actual volume for the year accumulated to 210 million ounces and total manufacturing overhead incurred (both fixed and variable) was $2.85 million. Required:
a. Calculate the Densain Naples plant overhead rate. b. How much overhead was absorbed to products in the Naples plant? c. Calculate the Densain Naples plant's over- or underabsorbed overhead. d. Describe the effect on income when over- or underabsorbed overhead calculated in (c) is written off to cost of goods sold.
Compute the following ratios in Excel for two years.
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Use the Internet to conduct research related to whistleblower processes. Discuss the key characteristics for the operation of an effective corporate whistleblower hotline. Be sure to highlight potential pitfalls that should be avoided.
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Discuss how these technologies have changed the way accounting is performed at your organization or at an organization of your choosing.
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