Recently Ryan Smith, the plant manager of the manufacturing division of Waterways Corporation, has been focusing on changes to overhead costs. He realizes that Ben Clarks new designs call for more automation in the plant, but he is also investigating if there are any opportunities for cost savings. Ryan thought it might be helpful to his cost-cutting measures if he could predict what manufacturing overhead would be in the following months. But first he needed to determine the appropriate activity base. He thought there could be two possibilities: direct labour or the number of hours of operation. From historical data, he retrieved the following information: Direct Labour Hours of Operation Manufacturing Overhead January $36,500 560 $156,000 February 35,500 580 185,375 March 41,500 760 181,000 April 43,500 750 211,375 May 38,500 635 186,625 June 36,500 610 177,125 Ryan then asked CFO Jordan Leigh for information available to determine the cost of goods manufactured. Ryan was provided with the following information. 1. The balances in the applicable inventory accounts at the beginning of the month were: Raw materials inventory $38,000; Work in process inventory $54,000. 2. Raw material purchases for the month were $192,000. 3. Of the raw materials used in production, 80% could be traced to the actual production, and the rest was indirect materials. 4. Ending raw materials inventory was $40,000. 5. Actual costs for wages and salaries were $72,000, of which 50% was considered overhead; the balance was direct labour. 6. Hours of operation for the month were 520. 7. Total manufacturing costs for the month were $340,000. 8. Costs transferred into finished goods inventory for the month were $330,000. Using the high-low method, and based on the historical data provided, determine two possible cost formulas for manufacturing overhead. (Round answers to 2 decimal places, e.g. 2.75 wherever necessary.) Cost Formula Based on direct labour $enter a dollar amount + enter a dollar amount rounded to 2 decimal places X Based on hours of operation $enter a dollar amount + $enter a dollar amount X Using the cost formulas developed in the previous part, determine the manufacturing overhead and actual manufacturing overhead for the month. Manufacturing overhead Based on direct labour $enter a dollar amount Based on hours of operation $enter a dollar amount Actual $enter a dollar amount Determine which activity base would be better for predicting manufacturing overhead. select an option Hours of operationDirect labour would be better choice as an activity base for predicting manufacturing overhead.

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As the education landscape evolves, so do the tools available to students. A modern student-help website utilizes advanced AI technologies like ChatGPT to offer comprehensive and innovative solutions for learners. Below are the main features of our website, each designed to simplify students' academic journeys while harnessing the power of artificial intelligence.

Instant Answers: Step-by-Step Explanations

The Instant Answers feature is crafted to deliver precise and reliable solutions to students' academic questions. It employs cutting-edge AI that analyzes a query and provides step-by-step explanations, ensuring students not only receive the correct answer but also comprehend the process behind it.

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Why It’s Unique: Unlike traditional search engines, this feature delves into the reasoning and logic, aiding students in grasping concepts and enhancing critical thinking. By promoting understanding rather than rote memorization, this feature empowers learners to master challenging topics independently.

Image Attachment: Assignment and Quiz Support

The Image Attachment feature enables users to upload images, such as assignments, handwritten notes, or quiz problems. The AI processes the image, extracts relevant data, and provides instant feedback, answers, or solutions.

  • Scanning and solving handwritten math problems.
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  • Interpreting diagrams, equations, or images from quiz questions.

Technological Highlight: Utilizing Optical Character Recognition (OCR) integrated with AI like ChatGPT, this feature ensures that even challenging, non-standard text or visual information is processed accurately. For students facing difficulties with handwritten or image-based questions, this feature bridges the gap between traditional and digital learning.

Voice Input: Hands-Free Assistance

Voice input provides an easy way for students to engage with the platform. By speaking into their device, users can ask questions, dictate assignments, or clarify doubts without the need to type.

  • Quicker interactions, especially while multitasking.
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  • Enhanced pronunciation and language skills as the AI offers feedback on voice-to-text conversion.

Technology at Play: This feature utilizes natural language processing (NLP) and voice recognition technology, resulting in a smooth and intuitive user experience. Voice input streamlines the process for students who are busy or prefer to communicate verbally, making it an essential tool for effortless learning.

Graph/Plots Generation: Visualizing Data and Equations

The Graph/Plots Generation feature is perfect for visual learners who need to interpret data or grasp mathematical equations through graphs. By inputting data sets or equations, students can produce clear, customizable visual representations.

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  • Analyzing trends in scientific experiments.

Why It Matters: Visualization enhances understanding. A graph that accompanies a mathematical explanation helps students grasp concepts more effectively and derive meaningful insights. This feature ensures that students not only perform calculations but also interpret results, which is a vital skill in STEM disciplines.

Create Images: AI-Generated

The Create Images feature enables users to produce high-quality, AI-driven images for various applications. Whether for academic projects, presentations, or personal creativity, students can specify their needs and receive tailored visuals in just seconds.

  • Generating educational diagrams such as flowcharts, mind maps, or concept illustrations.
  • Creating visuals for digital storytelling or creative assignments.
  • Producing engaging graphics for social media or personal branding.

AI Advantage: Utilizing advanced image-generation models, this tool provides visually appealing and contextually relevant images with minimal user effort. This feature not only sparks creativity but also saves time, helping students excel in their presentations and assignments.

PowerPoint/ Google Slides: Coming Soon

The forthcoming PowerPoint Slides feature is set to transform how students craft presentations. With AI-generated templates, layouts, and content suggestions, this tool will allow users to create professional, visually striking slides quickly.

  • Pre-designed templates customized for various academic fields.
  • Automatic generation of slide content from written notes or outlines.
  • Smart formatting and alignment for a polished appearance.

Future Potential: This feature will merge productivity with aesthetics, ensuring students can deliver impactful presentations with less effort. By automating slide creation, it will boost efficiency, giving students more time to concentrate on their research and analysis.

How AI Transforms Education

These features leverage the latest advancements in AI, ensuring they are accurate, user-friendly, and adaptable. Here’s how AI is changing these tools:

  • Personalized Learning: The platform tailors itself to each student’s preferred learning style, whether they learn best through visual aids, hands-on activities, or listening to explanations.
  • Efficiency: Automation streamlines repetitive tasks like creating graphs or slides, saving valuable time.
  • Inclusivity: Voice recognition and image processing enhance accessibility for a broader range of learners, including those with disabilities.
  • Real-Time Feedback: Immediate responses and visual aids enable students to spot and correct errors on the spot, speeding up their learning process.
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