Bath is considering two allocation bases for assignment of costs to departments: (1) square footage and (2) direct labor hours. The following data relate to the potential allocation bases: Production Dept. 1 Production Dept. 2 Square Footage 20‚000 30‚000 Direct Labor Hours 30‚000 20‚000 Calculate the costs allocated to the production departments using each allocation base. Comment on which allocation base is preferable.
Premium Allocation
Resource Allocation Problem Statement The type of problem most often identified with the application of linear program is the problem of distributing scarce resources among alternative activities. The Product Mix problem is a special case. In this example‚ we consider a manufacturing facility that produces five different products using four machines. The scarce resources are the times available on the machines and the alternative activities are the individual production volumes. The machine
Free Linear programming Operations research Optimization
Cost allocation is a method to determine the cost of services provided to users of that service. It does not determine the price of the service‚ but rather determines what the service costs to provide. It is important to determine the cost allocation of the services‚ in order to determine a justifiable fee/charge/tax for those services. Included in cost allocation are direct‚ indirect‚ and incremental costs. Direct costs‚ or separable costs‚ are costs that are related to a single type of service
Premium Cost accounting Costs
This paperwork contains BUS 375 Week 4 Assignment Traditional Training Methods Paper Business - General Business Training Methods. In a two to three page paper‚ review and analyze the information on traditional training methods. Which do you think tend to be the most effective and why? Which do you think tend to be most ineffective and why? The paper must use APA style as outlined in the approved APA style guide Going away to college for the first time can be exciting and intimidating
Premium Citation The Chicago Manual of Style English-language films
ACCT3708 Week 3 Tutorial Q1. What is the link between audit risk and engagement risk? How does the audit risk model allow the auditor to deal with these risks in the most cost effective manner? Audit risk is the risk that the auditor gives the wrong opinion – this can either be stating errors when there are none or when there are errors stating that there are none. This risk cannot be eliminated as auditors can only provide a reasonable assurance and not absolute‚ but instead this can only be managed
Premium Auditing Financial audit Balance sheet
A Reward Allocation Decision Reward allocation is a significant organizational issue‚ as it affects the working attitudes of the employees as well as the efficiency of the organization. Many people would say that the reward allocation must be equal for each employee‚ giving each of them equal amount of reward; some people would say equity should be used‚ basing it on performance and the competency of each individual; and other people would say that it should be given based on the needs of each
Premium Motivation
Financial Modeling Discipline – Guiding Principles A good financial analyst has the discipline of adhering to a list of guiding principles to help ensure that the development of the financial model achieves the desired results. By following these simple steps‚ a financial analyst should be able to build a financial model that is simple‚ accurate and most importantly consistent‚ to help build confidence in a financial decision making process. Financial Modeling Discipline can be acquired in all 3 stages
Premium Model Financial services Spreadsheet
Week 3 Knowledge Check Concepts Mastery Score: 21/21 Questions Six key elements in determining organizational structure 100% 1 2 3 Mechanistic and Organic Structures 100% 4 5 6 Types of Contemporary Organizational Designs 100% 7 8 9 Types of Internal and External Collaboration 100% 10 11 12 Stages of Group Development 100% 13 14 15 Five Conflict Management Techniques 100% 16 17 18 Six Aspects
Premium Organizational structure Conflict Structure
Late Adulthood and End of Life Paper Tramaine Layne PSY 375 July 23‚ 2012 Moriel McDuffy Late Adulthood and End of Life Paper Berger (2008) state that late adulthood‚ which begins at age 65‚ is the final stage of the life span development process that culminates through the death of an individual. During the course of the twentieth century the notion of late adulthood changed significantly (Kowalski & Westen‚ 2009). The average person’s life expectancy increased probably by 30 years
Premium Management Psychology Project management
You have received a business research study done by a consultant for a life insurance company. The study is a survey of customer satisfaction based on a sample of 600. You are asked to comment on its quality. What do you look for? The first aspect of the research study I would evaluate is the how the sample was selected. The criteria for choosing a 600 person sample size would need to be evaluated to ensure it was a random and fair sample. I would be interested to know how the researcher selected
Premium Research