E9-1 | | | | (Lower of Cost or Market) The inventory of Oheto Company on December 31‚ 2011‚ consists of the following items. | Part No. | Quantity | Cost per Unit | Cost to Replace per Unit | | 110 | | 600 | | $95 | | $100 | | | 111 | | 1‚000 | | 60 | | 52 | | | 112 | | 500 | | 80 | | 76 | | | 113 | | 200 | | 170 | | 180 | | | 120 | | 400 | | 205 | | 208 | | | a121 | | 1‚600 | | 16 | | 14 | | | 122 | | 300
Premium Inventory Economic order quantity Generally Accepted Accounting Principles
http://www.scribd.com/nikunjj_1/d/70869811-Solution-to-Wilkerson Management Accounting for Multinational Companies Solution to the Wilkerson Case Igor Baranov Executive Summary Taking into account the difference among product and high proportion of overheads‚ Wilkersonshould abandon its existing cost system and move to activity-based costing. The profitability analysisindicates that the company earns healthy margins on pumps and valves. However‚ the margin of flow controllers at actual usage of
Premium Cost accounting Costs Cost
Play Time Toy Company Problem: Should the company consider a proposal to adopt level monthly production instead of doing the seasonal production of toy? Objective: To determine the optimal production schedule and lessen the cost of production while minimizing other additional costs. To meet the required number of toy supplies needed during its peak season without increasing its cost. Alternatives: • Do not change the production schedule. Stick with the current set up of highly seasonal production
Premium Year Supply and demand Season
The Chiquita Company was accused of sponsoring the terrorist organizations named AUC. The company annually paid AUC a huge amount of money. Finally‚ this huge amount of power was transferred to the weapons being used by the terrorists to kill innocent civilians. It was highly unethical because any payment to the terrorists would be regarded as sponsoring the terrorists. Additionally‚ the company was claiming the purpose of making such a payment was to protect the employees from being kidnapped
Premium Ethics Banana Morality
WILKERSON COMPANY Contents EXECUTIVE SUMMARY: Wilkerson Company a supplier of products to manufacturers of water purification equipment is facing an apprehension because competitors had been reducing prices on one of the company’s main product line pumps. The president of Wilkerson Company Robert Parker was discussing operating results of the previous month with controller and manufacturing manager. The product lines for the Wilkerson are pumps‚ valves and flow controllers
Premium Cost Variable cost Costs
which is a long-standing Hong Kong based company‚ has evolved from an export trading company to a coordinator of value-added services across the whole supply chain in a global‚ open manufacturing circumstance. Its corporate culture has enabled it to keep pace with the current trend of global business. The successful acquisitions and the venture capital make the company grows stably and rapidly. However‚ the company now faces some challenges coming from Asian financial environment and related policies
Premium Venture capital Supply chain management Mergers and acquisitions
Case Analysis: I. SUMMARY The Dashman Company was a large decentralized concern making many types of equipment for the armed forces of the United States. Late in 1940 the company faced increasing difficulty in securing certain essential raw materials. So Mr. Manson‚ the company’s president‚ appointed an experienced purchasing executive‚ Mr. Post as vice president in charge of purchasing to improve the situation. But there seems to be no improvement
Premium Purchasing Gerald Ford President of the United States
following information was taken from the 2006 financial statements of pharmaceutical giant Merck and Co. All dollar amounts are in millions. Retained earnings‚ January 1‚ 2006 $37‚980.0 Materials and production expense 6‚001.1 Marketing and administrative expense 8‚165.4 Dividends 3‚318.7 Sales revenue 22‚636.0 Research and development expense 4‚782.9 Tax expense 1‚787.6 Other revenue 2‚677.1 Hint: Prepare income statement and retained earnings statement. (SO 4) Instructions
Premium Income statement Revenue Income
TJX Companies List and describe the security controls in place. Where are the weaknesses? TJX companies had very little security measures in place‚ and even the ones they had were mostly outdated. The company was using a Wired Equivalent Privacy (WEP) network encryption system. By today’s standards‚ and even at the time of intrusion‚ it is a fairly insecure system and is considered easy to hack into. Wi-Fi Protected Access (WPA)‚ a more complex encryption system‚ was already available at the
Premium Information security Fair Credit Reporting Act Credit card
Instructions (a) Prepare a multiple-step income statement for 2012. Assume that 60‚000 shares of common stock are outstanding. Brokaw Corp Income Statement For The Year Ended December 31‚ 2012 Sales Revenue Net Sales $1‚200‚000 Cost of Goods Sold 780‚000 Gross Profit 420‚000 Operating Expenses Selling Expenses $65‚000 Administration Expenses $48‚000 113‚000 Income from operations 307‚000
Premium Revenue Income statement Income