{"id":93744,"date":"2022-09-06T21:12:45","date_gmt":"2022-09-06T21:12:45","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/term-1-unit-6-discussions\/"},"modified":"2022-09-06T21:12:45","modified_gmt":"2022-09-06T21:12:45","slug":"term-1-unit-6-discussions","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/term-1-unit-6-discussions\/","title":{"rendered":"Term 1 unit 6 discussions"},"content":{"rendered":"
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\u00a0\u00a0<\/p>\n

Term 1 Unit 6 Discussions<\/strong><\/p>\n

Unit 6 Class DB: Bureau of Labor Statistics<\/strong><\/a> (ECO201 Macroecoomics)<\/strong><\/p>\n

Not all groups in our society experience equal opportunity to work. The purpose of this discussion board is to allow you to research and explain the causes of disparity between current total U.S. unemployment and the unemployment rate for a demographic of your choice. Do not just list unemployment rates. Explain what causes the rates for the demographic of your choice to be different from the National average.\u00a0<\/p>\n

Visit the Bureau of Labor Statistics<\/a> website. \u00a0What is the current national unemployment rate? \u00a0Find the unemployment rate for the demographic group that best fits a description of you (for example, based on age, sex, and race) or choose a demographic group of interest. \u00a0Is the rate for that demographic higher or lower than the national average? \u00a0What are some reasons for the differences? Do some research in support of what you present. \u00a0What factors contribute to the differences?\u00a0<\/p>\n

Covid-19 caveat: The Pandemic did not necessarily impact all demographics in the same way.<\/p>\n

Unit 6 Discussion<\/strong><\/a> (ACC301 Cost Accounting)<\/strong><\/p>\n

Complete and submit question 9-47 on page 385.<\/p>\n

9-47. Activity-Based versus Traditional Costing\u2014Ethical Issues 9-3, 4, 5)<\/p>\n

Wendy Chen established Windy City Coaching (WCC) to provide teen counseling and executive coaching services to its clients. WCC charges a $300 fee per hour for each service. The revenues and costs for the year are shown in the following income statement.<\/p>\n

WINDY CITY COACHING<\/strong><\/p>\n

Income Statement<\/strong><\/p>\n

Teen Counseling Executive Coaching Total<\/p>\n

Revenue \u00a0\u00a0$66,000 \u00a0$135,000 \u00a0$201,000<\/p>\n

Expenses: \u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n

\u00a0\u00a0Administrative support \u00a0\u00a0\u00a0\u00a0\u00a040,000<\/p>\n

\u00a0\u00a0Transportation, etc. \u00a0\u00a0\u00a0\u00a0\u00a036,000<\/p>\n

\u00a0\u00a0Equipment \u00a0\u00a0\u00a0\u00a0\u00a0\u00a020,000<\/u><\/p>\n

Profit \u00a0\u00a0\u00a0\u00a0\u00a0$105,000<\/u><\/p>\n

WCC has kept good records of the following data for cost allocation purposes.<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Activity Level<\/u>\u00a0<\/p>\n

Activity \u00a0Cost Driver \u00a0Teen Counseling Executive Coaching<\/p>\n

Providing administrative support Number of clients \u00a0\u00a0\u00a0\u00a06 \u00a0\u00a04<\/p>\n

Traveling \u00a0Number of visits \u00a0\u00a0\u00a0100 \u00a0\u00a0150<\/p>\n

Using equipment \u00a0Computer hours \u00a0\u00a0900 \u00a0\u00a0700<\/p>\n

Required:<\/strong><\/p>\n

a. Complete the income statement using activity-based costing and WCC\u2019s three cost drivers.<\/p>\n

b. Recompute the income statement using direct labor-hours as the only allocation base (220 hours for teen counseling; 450 hours for executive coaching).<\/p>\n

c. How might WCC\u2019s decisions regarding pricing or dropping a service be altered if Wendy were to allocate all overhead costs using direct labor-hours?<\/p>\n

d. Under what circumstances would the labor-based allocation and activity-based costing (using Wendy\u2019s three cost drivers) result in similar profit results?<\/p>\n

e. A local nonprofit charity is looking for worthy causes to support through financial grants. A primary criterion for support is financial need. Wendy is thinking of applying for support for the teen counseling program. Which allocation method would give her the best chance of winning a grant? Would it be ethical for Wendy to report the income using this method in her application?<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

\u00a0\u00a0 Term 1 Unit 6 Discussions Unit 6 Class DB: Bureau of Labor Statistics (ECO201 Macroecoomics) Not all groups in our society experience equal opportunity to work. The purpose of this discussion board is to allow you to research and explain the causes of disparity between current total U.S. unemployment and the unemployment rate for […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-93744","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/93744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=93744"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/93744\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=93744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=93744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=93744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}