Pepper Corporation is a manufacturer that uses job-order costing. The company closes out any over-applied or under-applied manufacturing overhead to Cost of Goods Sold at the end of the year. The company has supplied the following data for the just-completed year: Estimated total manufacturing overhead at the beginning of the year $481,250 Actual total manufacturing overhead cost incurred $644,000 Estimated direct labor-hours at the beginning of the year 35,000 hours Actual direct labor-hours 40,000 hours
Predetermined overhead rate $13.75/DL hour
Manufacturing overhead is over-applied or under-applied by:

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The simple interest in a loan of $200 at 10 percent interest per year is

1. the political environment in india has proven to be critical to company performance for both pepsico and coca-cola india. what specific aspects of the political environment have played key roles? could these effects have been anticipated prior to market entry? if not, could developments in the political arena have been handled better by each company? 2. timing of entry into the indian market brought different results for pepsico and coca-cola india. what benefits or disadvantages accrued as a result of earlier or later market entry? 3. the indian market is enormous in terms of population and geography. how have the two companies responded to the sheer scale of operations in india in terms of product policies, promotional activities, pricing policies, and distribution arrangements? 4. “global localization” (glocalization) is a policy that both companies have implemented successfully. give examples for each company from the case.