oined Cooper Enterprises as controller in October 2016 LOADING (Click the icon for additional information about Cooper Enterprises) Bolton is eager to impress his new employer, and he knows that in 2017 , Cooper 's upper management is under pressure to show a profit in a challenging competitive environment because they are hoping to be acquired by a large private equity firm sometime in 2018 At the end of 2016 , Bolton decides to adjust the manufacturing overhead rate to 170 of direct labor cost