A $100‚000 fixed charge will be absorbed by the skis‚ however‚ to allocate a fair share of the company’s present fixed costs to the new product. Using the estimated sales and production of 10‚000 pair of skis as the expected volume‚ the accounting department has developed the following cost per pair of skis and bindings: Direct Labor: $35 Direct Material: $30 Total Overhead: $15 Total: $80 Ski Pro has approached a subcontractor to discuss the possibility of purchasing
Premium Costs Variable cost Total cost
Petrina Barkley IP 2 Managerial Accounting Karina KasztelnikAmerican Intercontinental University On-line Consider the following scenario: Andre has asked you to evaluate his business‚ Andre’s Hair Styling. Andre has five barbers working for him. (Andre is not one of them.) Each barber is paid $9.90 per hour and works a 40-hour week and a 50-week year‚ regardless of the number of haircuts. Rent and other fixed expenses are $1‚750 per month. Hair shampoo used on all clients is $0.40 per client
Premium Hairdressing Variable cost Hairstyle
MGMT305-1301B-06 Management Information Systems Shanika Buckner UNIT 3 IP 1. What Internet business model would be appropriate for the company to follow in creating a Web site and why? In creating a business model based on a website I would choose a virtual candy store. Having a virtual candy store would be an excellent idea for children and for those that has to travel to the candy store warehouses. Having a virtual candy store would also make it convenient for customers to shop and
Premium Website Internet World Wide Web
American InterContinental University Lower Division Capstone Unit 3 Individual Project June 23‚ 2011 Abstract As being a Marketing manager looking for a job and getting ready for interviews takes a big challenge also with trying to find out what is the best parts of the business before you go for the interview. It is always good to find out about the business before you interview for the job‚ so you can have some questions in mind to what you want to ask and put out yourself some new marketing
Premium Southwest Airlines Greatest hits albums
Internal managerial accounting systems are used to provide great information so that the management team can make great decisions. According to http://smallbusiness.chron.com/objectives-internal-managerial-accounting-systems-20945.html manufacturing plants uses these systems to help in costing and managing the manufacturing process. The main objective is to make an internal managerial accounting system provide the information to the mangers so that they can make good sound decisions. The goal is
Premium Management
Managerial Accounting Focusing on Internal Accounting Debby L. Lenahan AIU Online ACCT310-1302A-04: Managerial Accounting interoffice memorandum to: | CEO | from: | debby lenahan | subject: | hiring new managerial accountant | date: | May 5‚ 2013 | cc: | prof. kristina unutoa | | | It is imperative that we hire another managerial accountant to focus on our internal accounting. Our internal accounting is very important because this is what sets our standards and policies.
Premium Ethics Business ethics Business
Convergence of IP-based Networks Most computer networks based on IP are all pervasive today. Every department‚ building‚ branch of an organization requires and maintains a full-fledged Local Area Network (LAN) for inter-connecting computers. The IP Network can operate on a variety of media – Copper‚ Fiber and wireless. So‚ since they have become inevitable and dominant‚ the other services (voice and data) have been redesigned to run on this network. Before establishing a converged network‚
Premium Internet Mobile phone Computer network
Understanding Contracts and Privacy Issues A lawful understanding concerning two or more individuals exchanging goods or services is known as a contract. A contract is enforced by a contract law. There are several types of contracts. They differ depending on the industry and the kind of provided good or the services being implemented. Usually the contracts are categorized with what form of payment‚ although it can be custom-made to include mutual elements from the numerous contract types. The
Premium Contract Contract law
Tumbling Managerial Accounting Unit 2 IP January 24‚ 2013 Abstract In this discussion essay we will be discussing managerial accounting and the difference from cost accounting. We will learn what the lean production philosophy is. We will also go into depth about the difference between accounting principles in lean production to those of typical production. And lastly‚ we will discuss how to advise our Chief Administrator to prepare for a reduced budget. Managerial Accounting Managerial and
Premium Lean manufacturing Management Control
Chapter 1 Managerial accountingis the process of identifying‚ measuring‚ analyzing‚ interpreting‚ and communicating information in pursuit of an organizations goals. Managerial accounting is an integral part of the management process‚ and managerial accountants are important strategic partners in an organizations management team. Four fundamental management processes that help organizations attain their goals Decision making‚ Planning(developing a detailed financial and operational description of
Premium Management accounting Variable cost Costs