Wednesday, December 25, 2019

Mans Search for Meaning - Free Essay Example

Sample details Pages: 3 Words: 880 Downloads: 6 Date added: 2017/09/15 Category Advertising Essay Did you like this example? August 28, 2010 Week 2 Exam 2 Man’s Search for Meaning I. Key Concepts Obtained from the Assigned Reading Logotherapy is a technique of therapeutic intervention that is meant to help an individual find their particular meaning in life. He discusses how each person’s meaning is going to be different from another’s and stresses that no therapist can dictate to any person what their particular meaning of life is. He also shared that one’s meaning of life could be different depending on the given moment in time. It can change as one grows in life. According to Frankl, when a person is blocked from relating with his will to meaning, it can result in great frustration and, in the long run, a mental collapse. Therefore, the role of logotherapy is absolutely important in helping the individual to uncover the obscure meaning of his or her existence and therefore bring back and sustain mental health. A human being’s will to meaning is defined as his or her basic striving to find and fulfill meaning and purpose in life. Don’t waste time! Our writers will create an original "Mans Search for Meaning" essay for you Create order Psychotherapy helps a person to cope and adjust to society and the environment around them and does not typically address the meaning of an individual’s life. The existential vacuum is Frankl’s term for humanity’s loss of natural instinct through evolution. Because of this loss of instinct, people are forced to make choices. Often this leads to conformism or the acceptance of totalitarianism in order to avoid making so many choices. Boredom ensues and, according to Frankl, boredom causes more psychological problems than suffering. When one is in distress, he or she has something to remain focused on. Frankl states that â€Å"logotherapy sees in responsibleness the very essence of human existence†. In logotherapy, a person must be willing to take full responsibility for discovering his or her meaning of life. It goes beyond just oneself but extends to other people or perhaps a cause. II. Merits and Demerits of the Assigned Reading I believe that Frankl’s logotherapy is a common sense approach. I believe there are many ways to assist a person in coping with hardship, but to iscover a benefit from hardship should make coping easier. For example, my husband was in combat in Iraq and suffers from Post-Traumatic Stress Syndrome. I believe that part of his struggle could be making sense of the environment he was in at the time. Perhaps obtaining understanding of the history and culture of the area may help him to understand the dynamics of what happened. Finding reasons helps to find meaning. I support Frankl’s belief that boredom is more detrimental to a person’s mental wellbeing than hardship. It is common to complain about hard times and hope for a more peaceful existence. However, beyond just a vacation, this is defeating. My purpose cannot be just lying around watching television. I must contribute something also. Although Frankl talked of the creators of the gas chambers as demonstrating the evil side of human nature, I feel he neglected to acknowledge that there are people who truly do not need a meaning in their lives beyond themselves. They could be considered mentally ill, perhaps sociopathic, but they exist. III. Relevance of the Assigned Reading to My Professional Context As a professional who works with families, I can attest that there is a constant question as to why bad things happen. There are financial hardships, health concerns, as well as the separations that military families endure on a regular basis. Although I certainly cannot practice logotherapy, I could use some of its principals in my work as well as my personal life. I think there should be a focus on learning from hardship rather than self-pity and self-defeating language. I also think that understanding the phrase, â€Å"This too shall pass â€Å"is important to moving on and surviving hard times. Listing some of the various hardships and trials I have had over the years, I can see where I have learned from them. Some hardships, those that didn’t end with a tragedy of some type, have actually turned out to be beneficial in the long run. At the time, I would not have seen it as beneficial in the least. I hope to share this observation with families as well as my own children in order for them to reflect as I have. I think Frankl’s explanation of the existential vacuum assists me. It helps me understand why people often give up when they are expected to make choices. References: Man’s Search for Meaning. Viktor Frankl. Beacon Press, 2006, ISBN 978-0807014264 Mans Search for Ultimate Meaning. Sept 22, 1997 v244 n39 p62(1)Publishers Weekly,  244,  n39. p. 62(1). Retrieved  August 21, 2010,  from  General OneFile  via  Gale: https://find. galegroup. com/gtx/start. do? prodId=ITOF;userGroupName=klnb_southwest Cubbage, B. (March 22, 1985). Frankls 80-year search for meaning. National Catholic Reporter,  21,  p. 18(1). Retrieved  August 21, 2010,  from  General OneFile  via  Gale: https://find. galegroup. com/gtx/start. do? prodId=ITOFuserGroupName=klnb_southwest Josephine Rossi. (2005,  August). Training for a Meaning. T + D,  59(8),  20-23. Retrieved August 21, 2010, from ABI/INFORM Global. (Document ID:  878237051). Mariotti, J. (Oct 19, 1998). Managements search for meaning. Industry Week,  p. 154(1). Retrieved  August 21, 2010,  from  General OneFile  via  Gale: https://find. galegroup. com/gtx/start. do? prodId=ITOF;userGroupName=klnb_southwest

Tuesday, December 17, 2019

Risk Analysis of Stock Market - 2022 Words

INTRODUCTION Our assignment topic is â€Å"Risk analysis of Stock Market†. To identify the stock market risk we have to do some calculation. In this assignment we choose Coefficient of varience(CV) method We select five banks (Dhaka Bank Ltd., Prime Bank Ltd., Social Islami Bank Ltd., Sahjalal Bank Ltd. and Premium Bank Ltd. ) of financial institution. 1.1 History of the Stock Market of Bangladesh Dhaka Stock Exchange (Generally known as DSE) is the main stock exchange of Bangladesh. It is located in Motijheel at the heart of the Dhaka city. It was incorporated in 1954. Dhaka stock exchange is the first stock exchange of the country. As of 18 August 2010, the Dhaka Stock Exchange had over 750 listed companies with a combined market†¦show more content†¦Step 2: To calculate the average price or mean value of each bank. Step 3: To calculate a value which comes from X-mean. Step 4: To calculate the square value of X-mean. Step 5: To divide the value (X-mean)^2 by (n-1) Step 6: To find out the Root value of [{(X-mean)^2}/(n-1)] This is the value of Standard Deviation (Std.) Step 7:To calculate the ratio between std. and mean. This is the value of CV. Dhaka Bank: Month | Share price(TK) | _X - X | _(X - X)^2 | MAR11 | 41.3 | -1.35 | 1.8225 | APR11 | 39.1 | -3.55 | 12.6025 | MAY11 | 41.4 | -1.25 | 1.5625 | JUNE11 | 44.7 | 2.05 | 4.2025 | JULY11 | 46.9 | 4.25 | 18.0625 | AUG11 | 44.5 | 1.85 | 3.4225 | SEP11 | 41.7 | -0.95 | 0.9025 | OCT11 | 42.3 | -0.35 | 0.1225 | NOV11 | 44.4 | 1.75 | 3.0625 | DEC11 | 44.5 | 1.85 | 3.4225 | JAN12 | 37.1 | -5.55 | 30.8025 | FEB12 | 43.9 | 1.25 | 1.5625 | TotalMean Std.CVShow MoreRelatedRisk Analysis : Financial Analysis Of The Stock Market And Investments3458 Words   |  14 Pages Introduction According to Rosvall Bohlin (2014:1), risk is the price of opportunities provided by the stock market for investors. If investors would like to minimize risks of stock trading process, the portfolio investments are vital to be concentrated on (Anghelache Anghelache, 2014:8). Besides, Goetzmann Kumar (2008:433) also stated that portfolio investment is a great choice for investors to eliminate risk. This study has provided simulation of investment and process of establishing aRead MoreRisks And Risks Of A Investment Return1124 Words   |  5 PagesWith the development of capital market, an increasing number of investors have a chance invest their money in the stock exchange. Investment return is the reason that the investors put their money in the stock market. However, when they spend their money in the market, they will come across the risk of the securities. In other words, investors receive the higher investment return which means they will come across the greater risk too. According to Reilly and Brown, risk means the uncertainty of futureRead MoreWhat Are A Public Firm s Fundamental Attributes?1616 Words   |  7 PagesSection I 1. Precisely define fundamental analysis. What are a public firm’s fundamental attributes? Explain specifically and precisely why fundamental analysis might fail to work as an investment analysis technique in an efficient capital market. Fundamental Analysis identifies undervalued or overvalued stocks based on publicly available financial information. It is the examination of the underlying forces that affect the well being of the economy, industry groups, and companies. Its goal isRead MoreQuestions Bank : Discuss Investment Process Essay753 Words   |  4 Pagesknowledge about the investment alternatives and market. Investible funds- The entire investment procedure revolves around the availability of investible funds. The fund may be generated through savings or from borrowings. Objectives- The objectives are framed on the premises of the required rate of return, need for regularity of income, risk perception and the need for liquidity. Knowledge- The knowledge about the investment alternatives and markets plays a key role in the policy formulation. TheRead MoreBusiness Risks Of Sainsbury s Company Essay1377 Words   |  6 Pages Not only risk profile analysis and value analysis of the Sainsbury’s could help people to decide whether people can trust the company and buy stocks, but also it is beneficial to Sainsbury’s understand the company s operation status. So it is necessary to analyse risk profile and value of the Sainsbury’s company. This essay will focus on the analysis of the agency problem on Sainsbury’s company, analysis of the business risk of the Sainsbury’s company, analysis of the financial risk of the Sainsbury’sRead MoreRisk Analysis. A Risk Analysis Was Prepared As Part Of1084 Words   |  5 PagesRisk Analysis A risk analysis was prepared as part of the review of Ford as a potential investment opportunity. The Capital Asset Pricing Model defines â€Å"the relevant risk of an individual stock as the amount of risk that the stock contributes to the market portfolio† (Brigham Ehrhardt, 2014, p. 250). The risk of a stock can be measured by its beta. The higher the beta of a stock, the higher the risk. Stocks with a beta below one are less volatile than the market while stocks with a beta of greaterRead MoreIncorporated In 1938, Walt Disney Has Been A Well-Known1181 Words   |  5 PagesGlobal Financial Data, Disney first started offering stock to the public in 1940 with a cumulative convertible preferred and then in 1946 it offered â€Å"OTC† (over the counter) common. On November 12, 1957, the NYSE added Disney to its list. So how is the financial condition of Walt Disney today? In the next few sections, I will take a closer look at the financial records of the company including the balance sheet and income statement to perform an analysis to see how strong the company is today and if theyRead MoreInvestment Management Case Study1305 Words   |  6 PagesI.T and Brown Group Inc†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦2 Return and risk†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.....†¦2 Summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...4 Appendix†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...5 Background: Beta Management Company is a small investment management company based in a Boston suburb founded in 1988. As the company developed, they had roughly 25 million dollars in the 1991. The goal of the company is to enhance returns but reduce risks for clients via market timing. Currently, the company’s funds wereRead MoreHow Do Government Institutions Affect Stock Market Performance1079 Words   |  5 Pagesrelated indicators are also used to predict stock returns. Narayan et al. (2015) develop a country-level governance indicator using some of the commonly used governance risk factors, and examine whether country-level governance can predict stock returns. They conclude that governance risk factor can be employed to predict stock returns, when governance quality is poor; yet for the developed countries, governance indicators are not able to predict stock returns. In a similar line, Asongu (2011) attemptsRead MoreCapital Markets and Investment Banking Process Paper1221 Words   |  5 PagesCapital Markets and Investment Banking Process Paper Investments banking process and capital markets are elements in understanding how to invest and be successful in the investments. In the investment backing process, investor might enlist the help of an investment banker which can help the investor with buying, selling, and trading of securities, managing assets and give financial advice. Portfolio construction is another area that should be examined to make sure that diversification, asset allocation

Monday, December 9, 2019

Mark Twain6 Essay Example For Students

Mark Twain6 Essay Pseudonym of Samuel Langhorne Clemens (1835-1910), American writer and humorist, whose best work is characterized by broad, often irreverent humor or biting social satire. Twains writing is also known for realism of place and language, memorable characters, and hatred of hypocrisy and oppression. Born in Florida, Missouri, Clemens moved with his family to Hannibal, Missouri, a port on the Mississippi River, when he was four years old. In 1851 he began setting type for and contributing sketches to his brother Orions Hannibal Journal. Later, Clemens was a steamboat pilot on the Mississippi River until the American Civil War (1861-1865). In 1862 he became a reporter on the Territorial Enterprise in Virginia City, Nevada, and in 1863 he began signing his articles with the pseudonym Mark Twain, a Mississippi River phrase meaning two fathoms deep. In 1865 Twain published The Celebrated Jumping Frog of Calaveras County and within months the author and the story had become national sensations. Much of Twains best work was written in the 1870s and 1880s. The Adventures of Tom Sawyer (1876) celebrates boyhood in a town on the Mississippi River; The Prince and the Pauper (1882), a childrens book, focuses on switched identities in Tudor England; and A Connecticut Yankee in King Arthurs Court (1889) satirizes oppression in feudal England (see Feudalism). One of Twains most significant works of the 1890s and 1900s is Puddnhead Wilson (1894), a novel set in the South before the Civil War that criticizes racism by focusing on mistaken racial identities. The Adventures of Huckleberry Finn (1884), the sequel to Tom Sawyer, is considered Twains masterpiece. The book is the story of the title character, known as Huck, a boy who flees his father by rafting down the Mississippi River with a runaway slave, Jim. Huckleberry Finn is especially noted for its authentic language. Twains skill in capturing the rhythms of life along the Mississippi River before the Civil War helps make the book one of the masterpieces of American literature. Twains work was inspired by the unconventional West, and the popularity of his work marked the end of the domination of American literature by New England writers. He portrayed uniquely American subjects in a humorous and colloquial, yet poetic, language. His success in creating this plain but evocative language precipitated the end of American reverence for British and European culture and for the more formal language associated with those traditions. His adherence to American themes, settings, and language set him apart from many other novelists of the day and had a powerful effect on such later American writers as Ernest Hemingway and William Faulkner. Bibliography:

Monday, December 2, 2019

Management and Cost Accounting Assignment Essay Example

Management and Cost Accounting Assignment Essay B313F Management and Cost Accounting Assignment 1 Date due:29 October 2008 Weighting:15% of the total marks of the course Question 1(25 marks) Mini Case – Seto’s Storage Warehouse Paul Seto owns and manages a commercial storage warehouse. He stores a vast variety of perishable goods for his customers. Under the existing pricing policy, he has charged customers using a flat rate of $2. 40 per kilogram per month for goods stored. His storage warehouse has 10,000 cubic metres of storage capacity. In the past two years, Seto has become dissatisfied with the profitability of the warehouse operation. Despite the fact that the warehouse remains relatively full, revenues have not kept pace with operating costs. Recently, Seto approached his accountant, Albert Lo, about using activity-based costing (ABC) to improve his understanding of the causes of costs and revise the pricing formula. Lo has determined that most costs can be associated with one of four activities. Those activities and their related monthly costs, volume measures, and volume levels for 2008 are as follows: Activity |Cost |Monthly Volume Measure | |Send/receive goods | $80,000 |Weight in kilograms – 50,000 | |Store goods | $8,000 |Volume in cubic metres – 800 | |Move goods | $10,000 |Volume in square metres – 500 | |Identify goods | $3,000 |Number of packages – 500 | We will write a custom essay sample on Management and Cost Accounting Assignment specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Management and Cost Accounting Assignment specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Management and Cost Accounting Assignment specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Lo has also collected last month’s information on the following 3 customers whose goods were all received on the first day of last month. |Customers |Weight of Order |Cubic Metres |Square Metres |Number of Packages | | |(Kilograms) | | | | |Sunshine Co. |20,000 |600 |30 |10 | |Best Buy Co. 20,000 |400 |20 |40 | |Chow’s Trading |20,000 |200 | 100 | 160 | Seto would like Lo to perform some analyses based on the above information and data in order to evaluate whether to use ABC. Required: a. Determine the price to be charged to each of the 3 customers under the existing pricing policy. (3 marks) b. Based on the monthly activity cost and volume data provided, determine the amount of cost assigned to each of the 3 customers. 10 marks) c. Determine the price to be charged to each of the 3 customers using activity-based costing (ABC), assuming Seto would base the price on the cost determined in part (b) plus a markup of 40 percent. (3 marks) d. Critically discuss whether Setoà ¢â‚¬â„¢s existing pricing policy captures the costs incurred to provide the warehouse services. (5 marks) e. A cost hierarchy categorizes costs into different cost pools on the basis of the different types of cost drivers or cost-allocation bases. Describe the four levels of a manufacturing cost hierarchy under the ABC system. 4 marks) Question 2(25 marks) Antique Furnishings Ltd. is a Yuen Long based manufacturer making three unique wood products: bed-frames, coffee tables, footstools. These products are completely carved by hand by skilled craftspeople who have been trained in making these products. Since it takes about a year to train each craftsperson, the labour cost is a fixed production constraint over the short term. For the year ended 31 December 2008, the company expects to have 34,000 available labour hours. The average hourly labour rate is $25. Information regarding the current product line is as follows: Bed-framesCoffee tablesFootstools $ $ $ Selling price900 680 240 Variable costs: Direct material220 160 60 Direct manufacturing-labour costs 300 275 75 Indirect manufacturing-labour costs 80 40 21 Other indirect manufacturing costs100 80 20 Variable selling expense 20 15 10 Variable manufacturing costs are variable with respect to units produced. Variable selling expenses are variable with respect to units sold. Fixed costs: Indirect manufacturing-labour costs 80,000 Other indirect manufacturing costs 70,000 Selling administration 75,000 Required: a. Compute the contribution margin per unit for each of the three products above. (6 marks) b. Assuming that the market demand exceeds the company’s production capacity for all products, determine the number of units of each product that the company should make. (Hint: You need to maximize the contribution per unit of the scarce resource. ) Calculate the profit before tax based on your determination of units of each product. (7 marks) c. Assuming that the company has a policy of devoting between 20% to 50% of its available skilled labour capacity to one product, determine the number of units of each product that the company should make and calculate the maximum profit before tax. (7 marks) d. Discuss how managers decide whether a cost is a direct or an indirect cost and describe the factors that will affect the classification of a cost as direct or indirect. (5 marks) Question 3(25 marks) DVD Express is a large manufacturer of affordable DVD players. Management recently became aware of rising costs resulting from returns of malfunctioning products. As a starting point for further analysis, Bonnie Lee, the controller, wants to test different forecasting methods and then use the best one to forecast quarterly expenses for 2009. The relevant data for the previous three years follows: 2006Return 2007Return2008Return QuarterExpensesQuarterExpensesQuarterExpenses 1$15,0001$16,2001$16,600 217,500217,800218,100 318,500318,800319,000 418,600417,700419,200 The result of a simple regression analysis using all 12 data points yielded an intercept of $16,559. 09 and a coefficient for the independent variable of $183. 22 (R-squared = . 27, t = 1. 4, SE = 1128). Required: a. Calculate the quarterly forecast for 2009 using the high-low method and regression analyses. Recommend which method Bonnie should use. (15 marks) b. How does your analysis in requirement #1 change if DVD Express manufactures its products in multiple global production facilities to serve the global market? (5 marks) c. How do we know when high correlation exists? Explain wh ether high correlation is the same as cause and effect? (5 marks) Question 4(25 marks) Quik Printing Inc. , is a rapidly growing company that has not been profitable despite increases in sales. It has hired you as a consultant to find ways to improve the situation. You believe that the problem results from poor cost control and inaccurate cost estimation on jobs. To gather data for your investigation, you turn to the accounting system and find that it is almost nonexistent. However, you piece together the following information for April: †¢ Production 1. Completed job 101. 2. Started and completed job 102. 3. Started job 103. †¢ Inventory values: 1. Work-in-process inventory: |March 31: Job 101 | | | Direct material†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. $ 2,000 | | Labor (960 hours ( $10)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ | 9,600 | |April 30: Job 103 | | | Direct material†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. |$ 1,600 | | Labor (1,040 hours ( $10)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ | 10,400 | 2. Each job in work-in-process inventory was exactly 50 percent completed as to labor hours; however, all direct material necessary to do the entire job was charged to each jo b as soon as it was started. 3. There were no raw-material inventories or finished-goods inventories at either March 31 or April 30. Actual manufacturing overhead was $20,000. †¢ Cost of goods sold (before adjustment for over-or underapplied overhead): |Job 101 | | | Direct material†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ | $ 2,000 | | Labor†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. | ? | | Overhead†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ | ? | |Total†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ | $ 30,800 | | | | |Job 102 | | | Direct material†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ ? | | Labor†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. | ? | | Overhead†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ | ? | |Total†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢ € ¦Ã¢â‚¬ ¦ | ? | †¢ Overhead was applied to jobs using a predetermined rate per labor dollar that has been used since the company began operations. †¢ All raw materials were purchased for cash and charged directly to Work-in-Process Inventory when purchased. Raw material purchased in April amounted to $4,600. †¢ Direct-labor costs charged to jobs in April totaled $32,000. All labor costs were the same per hour for April for all laborers. Required Write a report, with supporting calculations, to management to show the following: a. The cost elements (direct material, labor, and overhead) of cost of goods sold before adjustment for over-or underapplied overhead for each job sold. (14 marks) b. The value of each cost element (direct material, labor, and overhead) for each job in work-in-process inventory at April 30. (7 marks) c. Over-or underapplied overhead for April. (4 marks)