ACC 341 Classic Pen Case Assignment You should hand in one page of analysis and two sets of supporting calculation. The first supporting calculation is an ABC system for Classic Pen‚ constructed by filling in the blanks in the following table. First allocate the total expenses in each row to the various activities‚ based on information in the case. Then choose a cost driver and calculate the rate per unit of the cost driver. Activities Schedule & Handle Production Runs Set up Machines
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Classic Pen Activity-Based Costing Analysis Executive Summary By using the volume based costing system‚ Classic Pen appears to be profitable and making a good return on sales of blue‚ black‚ red‚ and purple pens. The percentage of return on sales of all four colors of pens seems to be no less than 17%. Once the traditional income statement is analyzed‚ the indirect costs are lumped together in the general cost pool titled “overhead”; these costs should be broken down into specific cost pools.
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Case Background Classic Pen Company had been the low-cost producer of traditional BLUE pens and BLACK pens. They had been thinking to extend their product line into new products that offer premium selling price. Consequently‚ five years earlier they introduced RED pens‚ which were sold at 3% premium price. A year back they introduced PURPLE pens‚ which sold at 10% premium price. Though the new products seem profitable‚ there has been a dip in the overall profitability and the new products are
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Cold Storage vs. Knitwear Ajay and Durgesh studies together till 12th standards and then did M. Com and B. Tech respectively before joining MBA together. During their degree they interned in different industries so at to get maximum exposure and to gain practical experience. Both came from business oriented families. Ajay’s family was in retailing of textiles while Durgesh came from agriculture based family. After their internship they looked for the prospects of doing a business jointly as they
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of genres in it is classics. Classics keeps readers on their toes because it adds tension to the story by adding more details and genres’ to the writing as it goes on. The overall definition of a classic is an author or literary work of the first rank‚ especially one of demonstrably enduring quality. Although this may be true‚ people in the world have different opinions on what makes a piece of literature a classic. Frankenstein by Mary Shelley is an example of the genre classic because it entices
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Classics 3 Paper 1 The ways in which history is recorded and expressed is an art itself. There is only one truth to the past‚ but there are infinite ways in which an author can convey the truth. Focusing on a subject like Rome where the records are scarce and the legitimacy of those records are challenged; Livy and Polybius use two different methods to express the past. Although these authors differ in their methods‚ similar explanations of ideal roman virtues can be seen through comparison. These
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learning if needed. These changes are important as they can improve the learning of the students and identify any areas of the programme a student is struggling with. Summative assessment is a strategy used to measure achievement on a programme. The classic summative assessment takes the form of an examination. In terms of my specialist area (English)‚ this takes place using a language paper‚ literature paper and a speaking and listening exercise. However‚ summative assessment also takes place during
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the given case of James and Robert while providing the appropriate solution for both Robert and James. Summary of Case of Purchasing Classic Porsche The case is revolving around the James‚ who is the owner of a Porsche 911 of 1980 car willing to sale and Robert a potential buyer of this classic car. James has placed an advertisement in Classic Cars Weekly Magazine offering for £40‚000. Robert saw the advertisement on Thursday and called James saying that he could purchase this classic car for £35
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1-2) After analyzing the structure of the Classic Watch Co‚ we have come to a conclusion‚ that the company is product oriented. The founder of the company Harry Brainch used to develop his product and then to find consumers. According to the case‚ he is quite a conservative person‚ who prefers old-fashioned business techniques. Twenty years ago‚ customers were less choosy and they were happy to have a product that is good value for money. In that case‚ Harry Brainch’s strategy fitted really well
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The ITC Classic Story TROUBLED TIMES In late 1996‚ almost half of the executives on board of the tobacco to hotels major ITC Ltd. were in jail on charges of FERA and excise violations. It was at this point that the downfall of ITC Classic Finance (Classic)‚ ITC’s flagship financial services 49% subsidiary‚ began. The scandals in ITC had a massive damaging effect on the ITC brand and corporate image. The impact got reflected on Classic too and it was inundated with desperate fixed deposit
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