Dakota’s Current Pricing System Purchased product costs are marked up by 15% to cover the cost of warehousing‚ distribution‚ and freight. An additional markup is added to cover the approximate cost for general and selling expenses‚ plus an allowance for profit. The markups were determined at the start of each year‚ based on actual expenses in prior years and general industry and competitive trends. Actual prices to customers were adjusted based on long-term relationships and competitive situations
Premium Costs Activity-based costing Cost driver
provided service to the customers. The cons for the ABC were the matrix design of figuring out specific cost drivers‚ it also was an expensive system to implement. The pros to ABC seemed to outweigh the cons. ABC allowed Super Bakery to track profitability of each individual customer and track the performance of the outsourced contractors. Management was able to identify that the key cost driver was not the dollar amount of each order but the
Premium Activity-based costing Cost driver Management accounting
into a unit-based type and activity-based type. a. True b. False ANSWER: True 3. Predetermined overhead rates are calculated at the end of each year using the formula: overhead rate = budgeted annual driver level/budgeted annual driver level. a. True b. False ANSWER: False 4. Unit-level drivers are factors that measure the demands placed on unit-level activities by products. a. True b. False ANSWER: True 5. If applied overhead is greater than actual overhead it is called overapplied overhead
Premium Activity-based costing Costs Manufacturing
“9-1-1‚ what is your emergency?” “I just witnessed a horrible car accident. My best friend’s car was just hit by a semi. I think the driver is dead and the passenger is severely injured.” “Ok ma’am. I need you to calm down and tell me precisely where you are.” “I’m down by Lincoln Park.” “Ok. How bad is it?” “I already explained that to you‚ my best friend might be dead and my other friend severely injured. Just get here as soon as possible. Please.” I begged. “We’ll be there as soon as can. Just
Premium Truck Automobile Glass
defined as both origin and personality. Martin Scorsese’s authorship is made apparent through his repeated use of the subject matter of isolation. In the films Mean Streets (Martin Scorsese 1973)‚ Italianamerican (Martin Scorsese 1974)‚ and Taxi Driver (Martin Scorsese 1976) Scorsese is able to depict different forms of isolation by drawing on personal experiences and using reoccurring ¬¬¬styles and themes throughout; in particular‚ Scorsese’s interest in sin and penance as well as his unique music
Premium Martin Scorsese Robert De Niro Taxi Driver
) Foundations. [online] Available at: http://environment.uwe.ac.uk/geocal/foundations/Fountype.htm#RAFT [Accessed: 16 Feb 2013] * mait india (2010) MAIT PILING RIGS - INDIA: TYPICAL PILE FOUNDATION * Li-jack.com (1980) LiJack Construction Machinery - Pile Driver. [online] Available at: http://li-jack.com/pile_driver [Accessed: 16 Feb 2013]. * northumbria university (2007) Pile foundations. [online] Available at: http://nuweb2.northumbria.ac.uk/bedemo/Domestic_Foundation/page_13.htm [Accessed: 16 Feb 2013]
Premium Geotechnical engineering Soil Structural engineering
Persuasive Speech English 101 3/15/05 Topic: Certification Programs General Purpose: To explain the benefits of certification programs; which I hope will persuade individuals to enroll in a certification program of their choice. Thesis: This speech will cover the many educational alternatives of certification programs in higher education‚ as well as their advantages. This will include a detailed description of certification courses in Computer‚ Nursing‚ and Trucking. Introduction
Premium Academic degree Computer program Truck
1. If Wilkerson were to cut prices‚ based on contribution margin‚ to just cover short-term variable costs‚ what consequences could it experience? (5 marks) Several break-even-point assumptions are made in calculation: 1) Total fixed costs do not change with volume‚ and will exist regardless if the products are sold or not. 2) Sales mix will be constant. The contribution-margin percentage is 66.1%‚ which means 66.1 percent of each sales dollar is available for covering fixed costs and making
Premium Costs Variable cost Cost accounting
Designing an activity-based product costing system are required to identify the activity that happen in an organization‚ for example: activity analysis. After that‚ assign cost to cost centres or cost pools to each activity and need to determine the cost driver. Therefore‚ have a good and effective cost management‚ will manage the cost in the long term. Yummy Sdn Bhd can successful reduce the cost at the same time can continue to maintain the satisfaction of the customer. Activity-Based management (ABM)
Premium Management accounting Management accounting Activity-based costing
he practices what he preaches through this statement in his work. I will be analysing aspects in his work whereby the music works on a deeper level than just as a mood prompting tool‚ in films such as (The Departed‚2006)‚ (Goodfellas‚1990)‚( Taxi Driver‚1976) and( Raging Bull‚1980) trying to understand the directorial thought process in the choice of the music as well as the desired effect on the audience. Scorsese carries the idea that “popular music has the potential to give movies a forceful
Premium Martin Scorsese Taxi Driver Robert De Niro