Classic Pen Activity-Based Costing Analysis Executive Summary By using the volume based costing system‚ Classic Pen appears to be profitable and making a good return on sales of blue‚ black‚ red‚ and purple pens. The percentage of return on sales of all four colors of pens seems to be no less than 17%. Once the traditional income statement is analyzed‚ the indirect costs are lumped together in the general cost pool titled “overhead”; these costs should be broken down into specific cost pools.
Premium Costs Revenue Cost
Deepa D/o Kusum Lata HQ CWE MES Hisar Cantonment ‚ Hissar 125001 +91 86 98 90 24 79‚ deepa.toni@gmail.com EDUCATIONAL QUALIFICATIONS ------------------------------------------------- 2013 | ------------------------------------------------- Pursuing two years Masters in Business Administration at Symbiosis Institute of International Business‚ will be graduating in April 2013 Specialization - Agribusiness | ------------------------------------------------- 2.51 | -------------------------------------------------
Premium Coca-Cola Cola
felt-tip. Historically‚ reed pens‚ quill pens‚ and dip pens were used. Modern-day pens come in a variety of colors and assortments. The most common contain blue or black ink. I have chosen to analyze three different roller ball pens that dispense a water-based liquid or gel ink through a ball tip similar to that of a ballpoint pen. The less-viscous ink is more-easily absorbed by paper than oil-based ink‚ and the pen moves more easily across a writing surface. The quality of pen components is checked during
Premium Pen Writing
Case Study: Classic Pen Company 1- Cost of production of the pens according to ABC method: INDIRECT FINGE BENEFICT INDIRECT LABOR TOTAL indirect Labor Indirect Labor Computer System Other Overhead Total overhead Quantity Overhear Rate 8‚000 20‚000 28‚000 Production Runs Setup Time Administration Run Machines 14‚000 11‚200 2‚800 8‚000 2‚000 14‚000 22‚000 11‚200 4‚800 14‚000 150 526 4 10‚000 146.67 21.29 1‚200.00 1.40 Total 28‚000 10‚000 14‚000 52‚000
Premium According to Jim Green The Unit
THE CLASSIC PEN COMPANY Activity Based Costing case study Topics • About The Classic Pen Company • Issues • ABC introduction at TCPC • Managerial implications • Recommendations School of Business and Economics - Opleiding tot Registercontroller (EMFC) About • Classic Pen Company is a low cost provider of traditional BLUE and BLACK pens • High profit margins (over 20% of sales) • Cost allocated on basis of traditional cost price method • Introduction of new colors (RED and PURPLE
Premium Business Cost Economics
INTRODUCTION The Classic Pen Company; originally producing Black and Blue Pens‚ decided to enlarge it’s product portfolio by introducing new products in the market. The sales prices are determined as %3 more for Red nd 10% more for Purple with an expecance of higher margins. With the coming products production started to cry out on the difficulties of producing the new red and purples stating that they need extra workload for production‚ planning and keeping track of the information. On the
Premium Cost Revenue Costs
The Classic Pen Company A Case Analysis The Classic Pen Company – A Case for Activity Based Costing Introduction: • Low-cost producer of traditional Blue and Black ink pens • Profit margins of over 20% of sales • 5 years earlier- introduced Red Pens using same technology at 3% premium • Recently‚ introduced Purple Pens using same technology at 10% premium. Classic Pen Company – Issues facing the Management ISSUE 1 - Profitability While Red & Purple pens seem to be more profitable‚ overall
Premium Profit Costs Purple
Principles of Managerial Accounting 70-255-04 Classic Pen Company: Developing an ABC Model Submitted to: Peter Roth Submitted by: Jessica Bodnar 104042988 October 21st‚ 2014 Classic Pen Company are a low-cost producer of traditional blue and black pens. By adding red and purple pens they could add a 3% and 10% premium‚ respectively. Making the red and purple inks were more complicated but seemed more profitable‚ however their overall profit margins were going down
Premium Computer Personal computer Cost
Hiiic jhgdm.vfdtbc fy.hhjbf jktfc nkttubc njfyibv hkrdb kgrfbmfg grgjv hfdv hfdgh jgfgb.ggvcf htff. Hrdbj .htibv .hgrdvngdx gfbhfdf. Vfhjvdghj‚ ghufgb fgiuhff. Fujdfgb‚ fhyhfghj‚ fgufgb‚gfgjkm.vgtdgvfhj. Gjuygb. Vfygmkucf. gghhfyj.gfhjngf. gfghhgyhgvc.cguggf hyjfrfgjn.ggjuhgf. Gugfv. Fthbcfhjjg ghufgg guydfv bgdfyj.vfgg gggv.gfgh. Ggghhcfhhbfgu‚hgghhn‚ghijnvg. Fyrfhkugv. Gghfgcghfbcygvhgcg‚gfggfhugbfugvg gguhhvghh‚vghggv gguyhhj‚ vgfguj. Bfhkiygcghgbvh‚vgffhf gfdvfygv‚vyfvtc‚vgfhhb hgfhhfhh
Premium Giant Panda Red Panda Bear
A USB flash drive is a data storage device that includes flash memory with an integratedUniversal Serial Bus (USB) interface. USB flash drives are typically removable and rewritable‚ and physically much smaller than a floppy disk. Most weigh less than 30 g.[1] As of September 2011 drives of 256 gigabytes (GB) are available‚[2] Storage capacities as large as 2 terabytesare planned‚ with steady improvements in size and price per capacity expected.[3] Some allow up to 100‚000 write/erase cycles‚ depending
Premium USB flash drive Flash memory