18. Curtis Toy Manufacturing Company is evaluating the extension of credit to a new group of customers. Although these customers will provide $240‚000 in additional credit sales‚ 12 percent are likely to be uncollectible. The company will also incur $21‚000 in additional collection expense. Production and marketing costs represent 72 percent of sales. The company is in a 30 percent tax bracket and has a receivables turnover of six times. No other asset buildup will be required to service the new
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You are a manager at Winsome Manufacturing Company‚ a company that produces plastic storage containers and sells them to the home consumer through home sales events. At the company’s quarterly meeting‚ the head of marketing described a new product to be introduced in the first quarter of the next fiscal year‚ approximately nine months from now. The product will be a room-sized plastic storage unit suitable to the outside of the home; it is similar to a competitor’s product but will have significantly
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The automotive industry has grown in the United States from 4192 automobiles on the road in 1900 to 204 million in 2003. In an effort to regain brand loyalty Ford has embarked on an ambitious automotive development process known as flexible manufacturing. In the post 9/11 economy Ford has witnessed five billion dollars in losses per quarter. The company is swimming in debt after their partnership with Mazda and Jaguar and can not afford to lose pace with their competitors. Many Ford plants in
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Manufacturing technologies are so economically important because they are the means for adding value to raw materials by converting them into useful products. Of the many different manufacturing processes‚ each is well suited to a particular need based on environmental impact‚ dimensional accuracy‚ material properties‚ and the mechanical component’s shape. Engineers select processes‚ identify the machines and tools‚ and monitor production to ensure that the final product meets its specifications
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* 1. Analysis By: Group 2 HILTON MANUFACTURING COMPANY * 2. Answer 1 Total Actual Cost = 21224 Variable Costs for 103= Compensation Insurance+ Direct Labour+ Power+ Materials + Supplies + Repairs – Other Income Total Cost (after dropping 103)= 18712 Total Revenue (after dropping 103) = 16179 Loss= 16179-18712 = 2533 $2.533 million Loss * 3. Answer 2 Old Variable Cost = 148+2321+40+1372+94+32 = 4007 k New Variable Cost = 148+2321+40+(1372+94)*1.05 +32 = 4080.3 k Old Contribution = 9.41*750-4007
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Overview of Garment Manufacturing technology - Concentrating on cutting equipment [Document Subtitle] Abik Hirawat garment |ˈgärmənt| noun an item of clothing. ORIGIN Middle English : from Old French garnement ‘equipment‚’ from garnir ‘equip’ (see garnish ). Garment refers to any covering for the human body that is worn. Garment making is one of the basic content of fashion designing. . There are 2 types of garments. One is Woven garments. Another is Knitted garments Shirts‚ trousers
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Motor Vehicle Manufacturing in Australia INDUSTRY ANALYSIS Overview Thomson (2003) explains that the manufacturing of motor vehicles is a global game. Thomson (2003) argues that Australia does not really have domestic businesses that manufacture motor vehicles as the three major car makers (GM Holden‚ Ford and Toyota) are all subsidiaries of foreign companies. However‚ this is not the case‚ GM Holden for example produces many cars a year in Australia for Australian consumers as well as
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TABLET MANUFACTURING AREA: TABLET: A tablet is a pharmaceutical dosage form. It comprises a mixture of active substances and excipients‚ usually in powder form‚ pressed or compacted from a powder into a solid dose. The excipients can include diluents‚ binders or granulating agents‚ glidants (flow aids) and lubricants to ensure efficient tabletting; disintegrants to promote tablet break-up in the digestive tract; sweeteners or flavours to enhance taste; and pigments to make the tablets visually
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103 Total Standard 88 1341 59 946 68 20 Other Income Actual Sales 67.05 10 Remove? - Yes OK to remove 5202 Effect on 2004 Margin if Product 103 dropped -2532 A drastic net loss -2543 2) They should lower the price due to the increase in Contribution Margin shown below: Year 2005 Price Unit Sales Total Sales Compensation Insurance Direct Labor Power Materials Supplies Repairs Total Variable Costs Contribution Margin CM per Unit Product 101 $ $ $ $ $ $ $ $ $ $ 9.41 750 7‚058 148 2‚321 40 1‚372
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ADOPTION OF VALUE ANALYSIS IN MANUFACTURING PROCESS DESIGN AND SCHEDULING- ACRITICALL REVIEW OF THE KENYAN CASE. Obiero John Abuto (PhD student) Jaramogi Oginga Odinga University of Science and technology‚ School of Business and Legal studies ABSTRACT Increased desire for optimal financial resources utilization‚ quality service delivery systems‚ competitive manufacturing process scheduling and value chain addition on the overall supply chain has made organization to reorganize their
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