COST ACCOUNTING P 15-35 Required: 1. Using selling prices‚ allocate the $1‚000 gateway-package revenue to the three divisions using: a. The stand-alone revenue-allocation method | Selling Price | Rev. Allocation | Precio por cuarto para dos personas 2 noches | $800 | $581.82 | Dos “rounds” de golf con precio de | 375 | 272.73 | Una cena para dos | 200 | 145.45 | | $1‚375 | $1‚000 | b. The incremental revenue-allocation method | Selling Price | Rev. Allocation
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currently have the lowest gross margin among all products‚ because competitors had been reducing prices on pumps and Wilkerson adopted its prices in order to remain competitive and to maintain the volume. 2. Given some apparent problems with Wilkersons cost system‚ should executives abandon overhead assignment to products entirely by adopting a contribution margin approach in which manufacturing overhead is treated as a period expense? Our conclusion is‚ that they should not adopt a contribution margin
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of the definition of quality. Unfortunately‚ too many companies equate quality with high cost. Their definition leads to the assumption that a company can’t afford quality. A broader definition needs to be used to look at quality‚ not only in the company’s product‚ but in every function of the company. All company functions have an element of quality. If the quality of tasks performed is poor‚ unnecessary cost is incurred by the company and‚ ultimately‚ passed to the customer. TQM should work by inspiring
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Q: Is depreciation expense or depreciation cost is fixed cost or variable cost in nature? Fixed costs: Fixed costs are such costs that do not change with the change in activity level within the relevant range. Where relevant range can be defined in terms of time or activity level. Variable costs: Variable costs are such costs that change with the change in activity level . Coming to the question‚ depreciation expense or depreciation cost can either be fixed or variable and this depends on the
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CHAPTER 8 APT 1.In a factor model‚ the return on a stock in a particular period will be related to _________. A. firm-specific events B. macroeconomic events C. the error term D. both a and b E. neither a nor b 2.Assume that stock market returns do follow a single-index structure. An investment fund analyzes 500 stocks in order to construct a mean-variance efficient portfolio constrained by 500 investments. They will need to calculate ________ estimates of firm-specific variances and ________
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Product flow: Productivity is a very important factor in a business. It is how well a business produces its goods depending on how efficient the output is made. For McDonalds this is very important because as a fast food chain we need to keep costs and waste as low as possible‚ whilst still producing quality burgers and chips to meet customer demands and company goals. Technology used: McDonald’s has taken advantage of technology to streamline their processes and improve efficiency .Through
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Reina Regaldo University Of Belize 11/02/11 Management Information System Assignment 1 1. Management Decision Problem Snyders of Hanover‚ which sells more than 78 million bags of pretzels‚ snack chips‚ and organic snack items each year‚ had its financial department use spreadsheets and manual processes for much of its data gathering and reporting. Hanover’s financial analyst would spend the entire final week of every month collecting spreadsheets from the heads of more than 50 departments
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high level goals and names the project manager. Planning: the most important phase when The project manager assembles the project team and they respond to the project charter with a detailed plan including scope (what will actually be done)‚ time‚ cost‚ resources‚ and risk plan. A good plan addresses all 9 PMBOK Guide knowledge areas. Implementation &Execution : Once the project sponsor and/or senior management approve the plan‚ the actual work begins. This when work on the project has officially
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these are:.......8 This second approach to developing typologies of HR strategy is grounded in the nature of the reward–effort exchange and‚ more specifically‚ the degree to which managers view their human resources as an asset as opposed to a variable cost. Superior performance through workers is underscored when advanced technology and other inanimate resources are readily available to competing firms...................................................9 Recruitment update in an organisation..........
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Distinguish customers or markets according to common characteristics Strategic Supply Chain Alliances… Between Customers and Suppliers The competitive model Sole Sourcing Strategic Partnerships Communicating with Customers …the cost and confusion associated with trying to satisfy a diverse customer group Customer Rationalization Annuity relationship Active data gathering Passive data gathering Actively Solicited Customer-Feedback approaches Telephone Contact Focus
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