company uses a process cost accounting system. Its Assembly Department’s beginning inventory consisted of 50‚000 units‚ 3/4 complete with respect to direct labor and overhead. The department started and finished 127‚500 units this period. The ending inventory consists of 40‚000 units that are 1/4 complete with respect to direct labor and overhead. All direct materials are added at the beginning of the process. The department incurred direct labor costs of $24‚000 and overhead costs of $32‚000 for the
Premium Manufacturing Costs Cost
ACG 6425 Case 22-4 Abstract Enager Industries‚ Inc. 1. McNeil’s new product proposal was rejected because the project was projected to make a return (using ROA - $130‚000 EBIT sales and total projected asset investment of $1‚000‚000) of 13%. While this exceeds Hubbard’s original goal for each division of earning a 12% return on assets‚ it does not meet the 15% goal set by Hubbard for all new investments. According to CNN Money‚ the industry average ROA for Household and Personal Products
Premium Value added Industry Investment
nonfiction. Please explain which of these four types of creative nonfiction McWhorter’s talk could fit into and why. It could fit into a Narrative‚ because his speech is told through the engaging voice of the storyteller. To get the speech together the 4 ways to achieve detail were probably used. 2. Explain why McWhorter’s believes it is important to learn more than one language. McWhorter says that it is important to learn one more language because if you want to learn a culture‚ than a big part of
Premium Creative nonfiction Writing Rhetorical modes
Marketing Assignment 3 – Pricing Due Date: 24th December‚ 2012 Dep. of IBS In this Assignment I want to compare several beer brands and their pricing. I will try to find out which pricing strategy is used for each beer brand. Pricing is one oft he 4 major elements of the marketing mix and pricing is an important stratejic issue because it is related to the positioning. Also it affects other marketing mix elements such as product features‚ channel decision and promotion. I decided
Premium Pricing Marketing
TRANSACTIONS ON ENERGY CONVERSION‚ VOL. 23‚ NO. 2‚ JUNE 2008 529 Analysis of the Cost per Kilowatt Hour to Store Electricity Piyasak Poonpun‚ Student Member‚ IEEE‚ and Ward T. Jewell‚ Fellow‚ IEEE Abstract—This paper presents a cost analysis of grid-connected electric energy storage. Various energy storage technologies are considered in the analysis. Life-cycle cost analysis is used. The results are presented in terms of the cost added to electricity stored and discharged‚ in US dollar per kilowatt
Premium Energy Battery Wind power
successful cost reduction programmes In the current economic climate‚ most organisations must face up to a prolonged period of extreme competition and funding restrictions. This is particularly the case if the past few years have been focused on growth‚ service improvement or reorganisation (i.e. cost efficiency has not been a recent priority). Such pressures require an approach that reduces costs in a strategic‚ disciplined‚ and sustainable manner - delivered at pace. In our view serious cost reduction
Premium Management Organization Strategic management
TYPES OF COSTS Introduction :-Production is the result of services rendered by various factors of production.The producer or firm has to make payments for this factor services. From the point of view of the factor inputs it is called ‘factor income’ while for the firm it is ‘factor payment’‚ or cost of inputs.Generally‚ the term cost of production refers to the ‘money expenses’ incurredin the production of a commodity. But money expenses are not the only expensesincurred on the production
Premium Costs
IES MCRC COST ANALYSIS OF BRITANNIA BREAD Eat Healthy‚ Think Better CERTIFICATE This is to certify that the Project titled: Cost Analysis of Britannia Bread has been submitted by: * Atul Ratnapakhi * Reshma Rasal * Sheetal Rathod * Sneha Patil * Vikas Rathod * Vineet Saraf Towards fulfillment of the requirement of PGDM course 2008 – 2010 and has been carried out under the guidance of Prof. Jayesh Jain at the Indian Education Society’s Management College
Premium Bread Food
CHAPTER 6 PRODUCTION EXERCISES 4. A political campaign manager must decide whether to emphasize television advertisements or letters to potential voters in a reelection campaign. Describe the production function for campaign votes. How might information about this function (such as the shape of the isoquants) help the campaign manager to plan strategy? The output of concern to the campaign manager is the number of votes. The production function has two inputs‚ television advertising and
Premium Costs Cost Marginal cost
Decision Analysis Example Consider the following problem with three decision alternatives and three states of nature with the following payoff table representing profits: States of Nature s1 s2 s3 d1 4 4 Decisions d2 0 3 d3 1 5 Which decision do you choose? -2 -1 -3 Problem Formulation • A decision problem is characterized by decision alternatives‚ states of nature‚ and resulting payoffs. • The decision alternatives are the different possible strategies the decision maker can employ. • The states
Premium Decision theory