Management Control Nucor Company 1. With the given data‚ I received a bonus on the following months: February‚ March‚ and June with a total of P 3‚055. I saved the company a total of P 2‚750. a.) Starting over again with the given data‚ I would simply strive to meet the budget and receive the P 1‚000 incentive. The 2% additional bonus of the amount saved is too low an incentive and would hardly motivate me to save more for the company. b.) The P 1‚000 fixed bonus for
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Footwear Industry today. However‚ due to fashion-related and seasonal fluctuations‚ the demand of shoes is rapidly changing. The highly unstable demand controls the footwear market. Customers want more diversity in footwear‚ so the strategy of the companies must cater to customers demand. Therefore‚ the purpose of this study is to show you Nike’s current situation‚ and its market position. Background of Nike Nike is the world ’s leading designer‚ maker and distributor of athletic footwear‚ apparel
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Anglo-Dutch consumer product from Unilever decided to grant 100‚000 individual flexible working hours so they can have a positive employment practice. The company did a trail run of Agile Working in one of their sites and saw how successful it was and then offered this flexible work program to many more employees. Unilever purchased technology equipment so their employees can complete their work outside of their office. The technology that has been handed to the employees has had a good response
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Problem 25-2 Watson Company pays a bonus to any of its five division managers who increase their percentage of income to sales over that of the year before. The manager of Division A is please because of the results of operations of the line for the current year. The division should a decrease of the result in net income percentage‚ as follows: Current Year Last Year Net sale $252‚000 $216‚000 Cost of good sold: Division fixed Cost $29‚000 $29‚000 Allocated costs
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1. Introduction Singer Company is one of the largest consumer durable providers with a leading brand image. The vision of Singer is “To be the foremost appliance retailer in Asia Pacific.” Singer PLC was established in 1877 in a store in Pettah by the founder Isaac merit. During 1963 - 1995 period singer was established around Sri Lanka as a member of the worldwide franchise of singer. They mainly deal with household appliances‚ kitchen appliances and other electronics. Based on evaluations there
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construction is being produced for the company’s own use (FASB 835-20-15-05). The interest from the construction of the new manufacturing facility for ARC is then eligible for capitalization because it meets these two conditions. Hiring another company to build the facility for ARC does not change ARC’s ability to capitalize the interest‚ because the building is still being produced for use by ARC (FASB 835-20-15-05). ARC is also required to capitalize the interest on the facility‚ as the
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statement for the period of January 1‚ 2004 to June 30‚ 2004‚ this idea is not supported. Even though product 103 continued to be unprofitable in 2004‚ Hilton Manufacturing Company did realize a profit of $158‚000 for the first half of the year by keeping it in production. By keeping product 103 in production‚ Hilton Manufacturing Company was able to spread out its fixed costs over three products instead of just two. Furthermore‚ dropping product 103 or any of the products for that matter would not have
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use YTM of Nike’s long-term debt as its cost of debt. In 2001‚ Nike has a 25-years publicly traded debt‚ which still has 20 years to maturity‚ so we calculate the YTM of this debt as 7.17%2. Another way to calculate the cost of debt is to use its rating and a typical default spread‚ since Nike is a rated company. Its rating in 2001 is A13
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1) Martha is the president of the Trap ease company but it doesn’t seem that they have done enough research on the product. Is the product a necessity and the market really in need of such a product? They just speak how innovative the product is a new invention and they just rave about it. I do agree that they have some presentable features‚ such as it can also be used as use and throw‚ it is not messy and the safety aspects of the product. But a mission statement that there would be nothing better
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Current year (1) (2) (3) (4) (5) Exit Previous year (1) Store associate 0.53 0.06 0.00 0.00 0.00 0.41 (2) Shift leader 0.00 0.50 0.16 0.00 0.00 0.34 (3) Department manager 0.00 0.00 0.58 0.12 0.00 0.30 (4) Assistant store manager 0.00 0.00 0.06 0.46 0.08 0.40 (5) Store manager 0.00 0.00 0.00 0.00 0.66 0.34 Forecast of availabilities Next year (projected) (1) (2) (3) (4) (5) Exit Current Workforce Previous year (1) Store associate 8‚500 4505 510 0 0 0 3485 (2) Shift leader 1
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