Binder manufacturing produces small electric motors used by appliance manufacturers. in the past year, the company has experienced severe excess capacity due to competition from a foreign company that has entered binder’s market. the company is currently bidding on a potential order from dacon appliances for 6,000 model 350 motors. the estimated cost of each motor is $45, as follows: direct material $20 direct labor $5 overhead $15 total $40. the predetermined overhead rate is $3 per direct labor dollar. this estimated by dividing estimated annual overhead ($15,000,000) by estimated annual direct labor ($5,000,000). the $15,000,000 of overhead is composed of $6,000,000 of variable costs and $9,000,000 of fixed costs. a. with respect to overhead, what is the opportunity, what is the opportunity cost of producing a model 350 motor? b. suppose binder can win the dacon business by bidding a price of $37 per motor (but no higher price will result in winning bid. should binder bid $37? c. discuss how an allocation of overhead based on opportunity cost would facilitate an appropriate bidding decision.

You are president of a large corporation. at a typical monthly meeting, each of your vice presidents gives standard area reports. in the past, these reports have been good, and the vps seem satisfied about their work. based on situational approach to leadership, which leadership style should you exhibit at the next meeting?

Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.

This problem has been solved! see the answercompute and interpret altman's z-scoresfollowing is selected financial information for ebay, for its fiscal years 2005 and 2006.(in millions, except per share data) 2006 2005current assets $ 4,970.59 $ 3,183.24current liabilities 2,518.39 1,484.93total assets 13,494.01 11,788.99total liabilities 2,589.38 1,741.00shares outstanding 1,368.51 1,404.18retained earnings 4,538.35 2,819.64stock price per share 30.07 43.22sales 5,969.74 4,552.40earnings before interest and taxes 1,439.77 1,445.18compute and interpret altman z-scores for the company for both years. (do not round until your final answer; then round your answers to two decimal places.)2006 z-score = answer2005 z-score = answerwhich of the following best describes the company's likelihood to go bankrupt given the z-score in 2006 compared to 2007.the z-score in 2006 is half of the 2005 score. both z-scores are well above the score that represents a healthy company.the z-score in 2006 is double the 2005 score. the z-score has increased sharply, which suggests the company has greatly increased the risk of bankruptcy.the z-score in 2006 is half of the 2005 score. the z-score has decreased sharply, which suggests the company is in financial distress.the z-score in 2006 is double the 2005 score. the z-score has increased sharply, which suggests the company has greatly lowered the risk of bankruptcy.