Jones 01/14/2011 ACC 560 Case 1: Greetings Inc.: Job Order Costing 1. Define and explain the meaning of a predetermined manufacturing overhead rate that is applied in a job-order costing system? A predetermined overhead rate is the rate used to apply manufacturing overhead to work-in-process inventory. The predetermined overhead rate is calculated before the period begins. The first step is to estimate the amount of the activity base that will be required to support operations in the
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Jaquetta Epperson Conflict Resolution 10 Concepts in Chapters 2‚ 3‚ & 4 Conflict Frames: A frame is a cognitive structure based on previous experience‚ which guides our interpretation of an interaction or event. Frames helps the parties understand and interpret what the conflict is about‚ what is going on; and what should be done about it. Six dimensions of conflict frames have been identified. (Instrumentality‚ Other Assessment‚ Affect‚ Face‚ Affiliation and Distributiveness) These six
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organizations (frames) that comprehend much of the existing theory and research on organizations. 1) A structural frame‚ which emphasizes goals‚ roles‚ formal relationships‚ and the rational side of organization. 2) A human resource frame‚ which focuses on human needs‚ attitudes‚ and skills and emphasizes the human side of organization. 3) A symbolic frame‚ which explores how organizations create meaning and belief through symbols‚ including myths‚ rituals‚ and ceremonies. 4) A political frame‚ which
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mental health advocates emphasize a division frame‚ which typically segregates depressed individuals from functioning in society even further. Many individuals living with depression are ostracized for their depressive behavior and thus are victimized due to their inability to be continually happy and integrate into social situations. Therefore‚ I challenge society to transform their rhetoric of mental health awareness by utilizing the identification frame‚ which will bring unity to tough social subjects
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of texts -how are representations organized Boundaries and limits -think literally about cropping a Facebook pic Examples: Chapter 4 of textbook -is it educational‚ frames production of pop culture in either economic or cultural world How Facebook Changed the World: The Arab Spring The title frames it‚ eyes of citizens (perspective) is how they framed the situation Both representation and framing rely on ideology -personal subjectives/claims -ex. chapter 3 case study
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CASE 1: CASES FOR MANAGEMENT DECISION MAKING 1. Define and explain the meaning of a predetermined manufacturing overhead rate that is applied in a job-order costing system. This is the estimate of how much overhead will be needed based on estimate of production. 2. What are the advantages and disadvantages of using the cost of each print as a manufacturing overhead cost driver? Advantage: Costs will be more accurate‚ costs are tailored more too specific products. Disadvantage: Relies
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Which one of the following statements is correct concerning annual percentages rates (APRs)? Answer: The APR is equal to the monthly interest rate multiplied by 12 Give an interest rate of zero percent‚ the future value of a lump sum invested today will always: Answer: remain constant Answer: II and IV A firm created as a separate and distinct legal entity that may be owned by one or more individuals or entities is called a: corporation The capital structure of a firm refers to the
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assurance that she is loved and cared for as she stands in the centre of the frame‚ bathed in light‚ is a display of connectedness to family and place. The enigmatic painting “Las Meninas” by Diego Valesquez was painted in 1656 and many questions were raised about reality and illusion and the film “Strictly Ballroom” was filmed in 1992 and directed by Baz Lurhmman. Framing is what is deliberately included in the frame and what is excluded. The painting shows a “moment in time” during the everyday
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Internal Rate of Return In investment decision analysis you may need to calculate internal rate of return. “Internal rate of return (IRR) is the discount rate that gives the project a zero NPV” (McLaney‚ 2006). It is a good choice to use for investment projects. There is a formula for the internal rate of return: (A is the lower discount rate and B is the higher rate‚ a is the NPV at the lower rate and b is the NPV at the higher rate.) For example the Net Present Value (NPV) is 88 when the
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(Interest rate parity is a no-arbitrage condition representing an equilibrium state under which investors will be indifferent to interest rates available on bank deposits in two countries.[1] The fact that this condition does not always hold allows for potential opportunities to earn riskless profits from covered interest arbitrage. Two assumptions central to interest rate parity are capital mobility and perfect substitutability of domestic and foreign assets. Given foreign exchange market equilibrium
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