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Benchmark a PC's Internet connection. Use the Ookla Speedtest tool described in this chapter (see Figure 12-23) or a similar tool to run benchmark tests on the download and upload speeds on a PC to which you have access. Run the test at least 10 times at different times of the day on the same computer. Keep a record of the results of the bandwidth test in a spreadsheet program.
Problem 1: Are the test results consistent? Explain why or why not. Use the spreadsheet to analyze the download and upload speeds and quality of service ratings. Find the range (the high and low) for each measure. Also compute the average download, upload, and quality of service measures. How much variation in the times did you observe?
Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.
Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.
Prepare a master budget for the three-month period.
Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.
Evaluate the Predetermined Overhead Rate
Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.
Complete the schedule to compute the pool rates for the different activities.
Prepare Company financial statements
This individual assignment is based on the TerraCycle Inc.
Discuss the ethical issues
Calculate the GDP in Income Approach and Expenditure Approach
A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.
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