InstructionsStudents are to write a self-reflective paper that is a case study of one instance of creative thinking being blocked. Students are to: Think of an incident in his or her past where they experienced a block to their creative abilities. Post what and how that block might have been avoided and creativity enhanced.Describe these, and the lessons to be learned from this reflection. The report should be 800 words excluding the title page and reference page, and should follow APA referencing style when references are used.A minimum of four references should be included.

Fairbanks Corporation produces two types of cell phone electronic chargers: wall chargers and car chargers.The current traditional costing system allocates overhead costs using a plant-wide overhead rate based on direct labor hours. Since the two products are similar but require different parts and processes, the company controller believes that it might make sense to employ activity-based costing in order to get a better application of overhead expenses to the products produced.Production expectations for 2017 are 17,000 wall chargers and 15,200 car chargers. The wall chargers take .5 hours to produce. The car chargers take .75 hours to produce.The direct material and direct labor costs included in the two products are as follows:Wall chargers use $3.75 of direct material per unit and $9.50 per hour of direct labor. Car chargers use $4.15 of direct material per unit and $9.50 per hour of direct labor. Each charger sells for $23.00.Budgeted Total Factory Overhead for 2017:ActivityEst. OH CostEst. Volume LevelsProduction setup$8,50020 setupsMaterials handling$62,0004,500 lbs.Packaging and shipping$120,0006,400 boxesTotal factory overhead$190,500Fairbanks’ controller worked with the operations group to analyze the three overhead activities in order to effectuate activity-based costing. The estimates related to the two products’ requirements were:ActivityWall ChargerCar ChargerProduction setup35%65%Materials handling60%40%Packaging and shipping55%45%From the cost information provided, provide responses in Microsoft Excel to the following questions. For assistance with Microsoft Excel, please refer to Lynda.com in the CSU-Global Library (Links to an external site.)Links to an external site. for tutorials.Compute the cost of each product under the simple/traditional costing method. For period costs, use direct labor hours.Compute the net operating profit margin of each product using the simple/traditional costing method.Compute the total overhead and period cost allocation under ABC assumptions for each product.Compute the per unit ABC cost of each product.Compute the net profit margin of each product using the ABC costing method.Compare the net profit margin of the products under the simple/traditional cost assignment and the ABC assignment for each product. Evaluate the difference.On a separate Excel workbook tab, write a brief explanation (approximately two paragraphs) that the controller might deliver to management to justify the use of ABC for these two products.

After your negotiation and transaction with Mr. Barker, you start to realize that this could be a lucrative business. Your mother has been bugging you for months to get rid of all of the other children's meal toys that you collected over the years. With your estimate, you probably have over $10,000 worth of toys.For this part of the project, you will be starting your own business selling the children's meals toys. At this point in time, you are the only one running the business, and you will not have any employees. If you were to structure a business based on the facts of this situation, which would you choose and why is that the best fit? At this point in time, you are the only one running the business and you will not have any employees.Your paper should be 1-2 pages in length, double-spaced, and properly APA formatted.Save your assignment as a Microsoft Word document.