Original Work please INTEGRATED CASE APPLICATION –PINNACLE MANUFACTURING: PART II 9-37 (Objectives 9-7‚ 9-8) In Part I of the case‚ you performed preliminary analytical procedures for Pinnacle (pp. 245–247). The purpose of Part II is to identify factors influencing risks and the relationship of risks to audit evidence. During the planning phase of the audit‚ you met with Pinnacle’s management team and performed other planning activities. You encounter the following situations that you believe
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A brief evaluation of Hanson Private Label (HPL) will reveal signs of an excellent‚ growing‚ and well run company. There are no danger signs within the financials of HPL. The following have seen growth with every passing year: revenue‚ current assets‚ owner’s equity‚ net working capital‚ and sales (even groceries). The following categories have grown every year with the exception of 2005‚ where a higher than usual COGS caused a dip in gross margin – 15% versus a historically high teen’s percentage:
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Dacia is one of the top car manufacturer company in Romania by revenue and is the largest exporter as well. Dacia contributes to around 2.9% of Romanian GDP. Brief History Dacia is a car manufacturer company which was founded in the year 1966 in Romania. The initial name was Uzina de Autoturisme Pitesti (UAP) and has their first factory built at Colibasi in 1968 [8] By the year 1989‚ Dacia was facing a hard time competing with many foreign cars penetrating into the Romanian market. Their design
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Project Risk and Cost Management Case Study Sleep More Mattress Manufacturing: Plant Consolidation Group Members: Divya Yadav‚ Lamia Nafees‚ Ashwin Chadaga‚ Deeshanu Sharma EXECUTIVE SUMMARY: Sleepmore mattress is one of the leading manufacturers of mattresses and has recently acquired its competitor. This acquisition has brought in a unique proposition wherein the company has to decide if it wants to consolidate the existing plants with the acquired plants or let them both
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Understanding Design in POP Manufacturing Companies Outline of Study Introduction Methodology and Objective Case Study Structure Understanding Point of Purchase Manufacturing Industry Background of 11 FTC Enterprises Products and Services Clients Operational Process Understanding Research & Development Department in 11FTC Enterprises Background of R&D Department Roles &Significance Levels of Design Practice of R&D Department Analysis SWOT Analysis Conclusion
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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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Background of the case Study 3.2 The Research Design 3.3 Method of Data Collection CHAPTER FOUR 4.0 Data Presentation 4.1 Data Interpretation 4.2 Data Analysis 4.3 The Data Collection Procedure CHAPTER FIVE 5.0 Summary and Observation 5.1 Conclusion 5.2 Recommendation CHAPTER ONE 1.0 INTRODUCTION A manufacturing company is a company that is engaged in the transformation and conversion of raw materials (inputs) into finished product known as outputs. Economics wise‚ manufacturing could be said to
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Answers to Case 6: Callaway Golf Company-Manufacturing Inventory. a. The costs expected to be in the raw materials inventory are: costs of materials such as wood‚ iron‚ plastic and/or optic fiber that have yet to be placed in production. The costs expected to be in the work in process inventory are the cost of materials placed in production plus the labor and allocated overhead utilized so far. The costs expected to be in the finish goods inventory are the materials‚ labor and allocated
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John Knotwell ACCT 6350 10/10/2014 Case Hilton Manufacturing 1) If the company had dropped product 103 as of January 1‚ 2004‚ what effect would that action have had on the $158‚000 profit for the first six months of 2004? The impact on the profit would have been to decrease the profit by about $2.5M. This would mean that this would now trend to an unprofitable move. It was wise NOT to divest the product in the first half. 2) In January 2005‚ should the company reduce the price of product 101 from $9
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3. Why did Superior improve profitability during the period January 1 to June 30‚ 2005? How useful was the data in Exhibit 4 for the purpose of this analysis? As we know from the case‚ the Superior is implementing the standard cost system which was introduced in early 2005---“Next year’s standard costs were last year’s actual per unit costs adjusted for anticipated cost changes”. By looking at Exhibit 2 and Exhibit 4‚ we could compare the level of all the costs under the items. The applicable
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