Today‚ Barbie is the most popular doll in the world. She is a worldwide fashion muse and pop culture icon for girls all ages. The Barbie doll has been a controversial toy that has changed over the years. These changes have been due to changing fashions‚ careers‚ interests and beliefs over the decade’s occupations‚ and ethnicity has been very obvious over the years but even her face and body has changed. But‚ since the beginning of time‚ toys have been an indicator of the way society behaves‚ and
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following data have been recorded for recently completed Job 501 on its job cost sheet. Direct materials cost was $3‚067. A total of 30 direct labor-hours and 104 machine-hours were worked on the job. The direct labor wage rate is $12 per labor-hour. The company applies manufacturing overhead on the basis of machinehours. The predetermined overhead rate is $11 per machine-hour. The total cost for the job on its job cost sheet would be: A. $4‚571 B. $3‚757 C. $3‚090 D. $3‚427 Applied manufacturing
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New Heritage Doll Company 1. Describe and compare the business rationales for each of the two project proposals under consideration. Which do you feel is the more compelling? Project 1: Match My Doll Clothing Line Expansion Expand the successful Match My Doll Clothing Line to include matching all-season clothing for tween girls and their dolls. Pros: Current popularity will enable company to maintain premium prices. Company could take advantage of off-peak discounts offered by some suppliers
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Cost reduction Generally defined as the act of cutting costs to improve profitability. Cost reduction‚ should therefore‚ not be confused with cost saving and cost control. Cost saving could be a temporary affair and may be at the cost of quality. Cost reduction implies the retention of essential characteristics and quality of the product and thus it must be confined to permanent and genuine savings in the costs of manufacture‚ administration‚ distribution and selling‚ brought about by elimination
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each of the project sponsors? 5. If Harris is forced to recommend only one project over the other‚ which should she recommend? Why? Study Guide for New Heritage Doll The company has two project proposals: Match My Doll Clothing expansion (MMDC) and Design Your Own Doll (DYOD) initiative. The case analyzes various investment criteria for New Heritage Doll. We will start with NPV‚ and then move on to other criteria. 2 A. NPV for MMDC We start by focusing on MMDC. In order to compute NPV
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------------------------------------------------- ASSIGNMENT ON COST CONTROL AND COST REDUCTION ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- -------------------------------------------------
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1. The chief economist for Argus Corporation‚ a large appliance manufacturer‚ estimated the firm’s short-run cost function for vacuum cleaners using an average variable cost function of the form. AVC= a + bQ+ cQ^2 (the 2 is suppose to be exponent) Where AVC=dollars per vacuum cleaner and Q=number of vacuum cleaners produced each month. Total fixed cost each month is $180‚000. The following results were obtained: Dependent Variable:AVC R-Square
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Guys and Dolls I attended the evening performance of Guys and Dolls on Thursday 17. Directed by Leiz Moore‚ Guys and Dolls is cast from the Musical Theatre Crew‚ with appearances from guest performers Jeff Michael and Andrew Hawkey. It was shown at the Playhouse Theatre. Guys and Dolls is a 1950’s Broadway comedy. Nathan Detroit‚ a gambler‚ needs a location to play his crap game which he has supposably stopped organising‚ according to his fiancé Adelaide. The only location left that the game can
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1. Provide a review of the classical study in your own words. Bandura‚ A.‚ Ross‚ D.‚ & Ross‚ S.A. (1961) Transmission of Aggression through Imitation of Aggressive Models. Journal of Abnormal and Social Psychology‚ 63. 575-582. This study‚ famously known as the “Bobo doll experiment” set out to examine four main hypotheses: 1) that children who observed an adult model acting aggressively would imitate these aggressive acts even in the absence of the model‚ 2) observation of a non-aggressive adult
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Topic 6: Management Accounting and Cost Case: Shelter Partnership a. My main learning outcomes from Topic 6 and the Case Study; 1) Firstly‚ I realize management accounting has much to offer. Somehow I can handle physics but not accounting. Now thanks to this course I can appreciate and make sense of it. The bit that really caught my attention was seeing how management accounting can be really useful for business planning‚ cost management‚ budgeting and performance measurement. It offers
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