Compute the (a) budgeted indirect-cost rate and (b) actual indirect-cost rate. Why do they differ? 2. What are the job costs of the Laguna Model and the Mission Model using (a) normal costing and (b) actual costing? 3. Why might Amesbury Construction prefer normal costing over actual costing? Answer： 1. = = = $50 per direct labor-hour = = = $40 per direct labor-hour These two rates differ because both the number of indirect costs and direct labor-hours in the two calculations
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Management Change and Communication Plan Riordan Manufacturing currently uses a bureaucratic hierarchy ladder as an organizational structure. The company founded by Dr. Riordan in 1991‚ grew substantially dividing into regions that include California‚ Michigan‚ Georgia‚ and China. The company is looking to apply a formal system for managing their customer information. Team “E” has been selected to develop this strategic change in management plan. A complete change management plan identifying current
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COMPONENTS OF AN ORGANIZATION An organization is a group of individuals who work together to achieve a common objective/goal. For this to happen‚ the organization has to have elements which ensure its sustainability and success. These elements are: Common purpose Co-ordinated efforts Division of labor Hierarchy of authority Span of control Departmentalization Centralization and decentralization COMMON PURPOSE Common purpose is the means for unifying members. An organization without purpose soon begins
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Bibliography: American Design Redefined. (n.d.). Fetscherin‚ M.‚ & Toncar‚ M. (2009). The effects of the country of brand and the country of manufacturing of automobiles. International Marketing review‚ 164-178. Johri‚ M. L.‚ & Petison‚ P. (2001). Value-based localization strategies of automobile subsidiaries in Thailand. International Journal of Emerging Markets‚ 140-162. O ’Leary‚ Z. (2010)
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Just-In-Time Manufacturing Just-In-Time manufacturing‚ commonly referred to as JIT‚ is a company wide philosophy aimed at eliminating a company ’s waste. Waste can be found in many forms. For example it can be defined in the material form such as plastic or metal scrap‚ or it can be defined in the administrative form as excessive overhead that slows production or adds an unnecessary expense. The basic theory behind JIT is a pull system that is driven by a demand of supplies. This results in
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Criminal Capacity Donald Anderson‚ Staycee Gibson‚ Mike Jackson‚ Kelly Randall CJA/354 August 19‚ 2014 Lora Terrill When an individual commits a crime‚ he or she will automatically begin justifying his or her reasons. The justification or excuse could range from self-defense to a mental illness. In this instance the question remains‚ is there any reason for the justification
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This paper attempts to explain three approaches to educational planning. The approaches considered are: social demand approach; manpower requirement approach; and cost benefit analysis. This paper went further to make an assessment of the strengths and weaknesses of each approach. INTRODUCTION Educational planning is concerned with the problems of how to make the best use of limited resources allocated to education in view of the priorities given to different stages of education or different
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Organizational Planning 16 December‚ 2013 MGT/521 University of Phoenix Organizational Planning Boeing is the world’s largest aerospace manufacturing company with concentration in commercial aircraft‚ defense systems‚ and space systems (Boeing‚ 2013) Being the leader in the aerospace industry; Boeing is held to a higher standard in product quality‚ delivery times‚ and innovation. New opportunities and threats are constantly introduced to the company through an evolving market and these
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MEMORANDUM TO: Richard Sullivan FROM: SUBJECT: Wriston Manufacturing Corporation DATE: June 9‚ 2011 Wriston Manufacturing Corporation (WMC) is faced with a Detroit plant that is no longer viable because of underinvestment‚ labour issues‚ and product-process mismatch. This has lead to low sales figures‚ low return‚ and high burden rates (as calculated by the company). The issues at the Detroit plant will be reviewed and options will be presented. A recommendation to address the Detroit
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Succession Planning & Management in Tough Economic Times Succession Planning & Management Table of contents 1. What is Succession Planning and Management?........................................... 2 2. Best Practice approach to SPM. ...................................................................... 3 . 3. How is SPM related to the Employee Life Cycle?........................................... 4 4. Measures of SPM Success. .........................................................
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