1. According to the case‚ if using ABC‚ Wilkerson should pool overheads into five activities: machine-related expenses‚ setup labor cost‚ receiving and production control cost‚ engineering cost‚ and packaging and shipping cost. The cost pool/cost driver information for an Activity Based Costing (ABC) system for Wilkerson has already provided by table 1. Based on the information on table 1 and four exhibit in case‚ we can figure out that the total cost per unit of valves‚ pumps and flow controllers
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Toshiba‚ a multinational conglomerate company tracing back to 1875‚ Japan. The company mounted the post WWII Japanese “Economic Miracle” (Crawford‚ 1998) during the conclusion of 1950‚ to high growth and a dilating inventory of distinctive and innovative goods. Toshiba took advantage of its newfound economic stability and began exporting and retailing to foreign markets‚ and continued it’s augmentation throughout the globe in the following decades. To current date‚ the enterprise conducts business
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Russians and Americans. Throughout the 20th century‚ and often against serious odds‚ Russians and Americans have been falling in love and marrying. Visson‚ an interpreter and writer‚ herself married to a Russian‚ has interviewed some 100 of these cross-cultural couples and researched the lives of couples in the earlier part of this century in an effort to understand the strange mutual attraction between people whose countries were usually antagonists. While rational explanations can only partly answer
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U.S. managers (50%‚ APG Class Session #13) for many reasons. The failure of an expatriate can be very costly and time consuming for the companies who employ them. The question that needs to be answered is why expatriates fail so frequently and what can MNC’s do to lower this failure rate and produce effective expatriate managers. Yet‚ another reason that companies fail when doing business overseas is the lack of emphasis placed on communication. In all areas of the world communication is done in many
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will in deed result in backing off from the Rollerblade’s only. Rollerblades were lacking behind in technology so as to meet their customer demands they need to improve their technology. Ans 2:- JIT‚ or just in time‚ inventory is a inventory management strategy that is aimed at monitoring the inventory process in such a manner as to minimize the costs associated with inventory control and maintenance. To a great degree‚ a just-in-time inventory process relies on the efficient monitoring of the
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The purpose of this report is discussing the case of Wilkerson Company that confronting tough competition in price cutting in pumps which caused to a big drop of pre-tax operating income from 10% to 3%. After observing the existing costing allocation‚ we found out there is an issue on the existing costing report that the manager could not be able to see the real situation. In light of this‚ there will be brought to the discussion on the feasibility of using an alternative costing method – Activity
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Summary Business practices in different regions are always inevitably vulnerable to influence from their own social‚ political‚ and cultural practices. This is mainly because businesses operate within societies which involve dealing with people and their individual and collective cultures. The impact of people’s culture can be felt on a large scale as in the case of whole continents or as minimally as small towns in the smallest of countries. People’s practices and cultures ultimately influence
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to keep yourself up to date on what is happening in and out of your business‚ always have to look at internal and external factors. This assignment talks about how a manager must apply his strategies in a workplace. It discusses the Harley-Davison company on how it can improve and innovative in order to be always ahead of their competitors. GJ de J Cronje‚ M J Vrba‚ PJ Smith‚T Brevis (2007:203) state‚ every organisation faces change. Change can originate from an external environment or within the organisation
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Introduction A brilliant company that produces a diverse range of a product is prone to run in to trouble if the processes are not well designed‚ inefficient quality measures prevail and decision making is more prone to ad hoc basis rather than a standardized process. Blitz Company‚ an organization distinguished for its capability to cater the diverse needs of their customers‚ not only on basis of design features but also lot size‚ has been facing a cumulative number of issues. To name a few‚ these
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Nike has a 25-years publicly traded debt‚ which still has 20 years to maturity‚ so we calculate the YTM of this debt as 7.17%2. Another way to calculate the cost of debt is to use its rating and a typical default spread‚ since Nike is a rated company. Its rating in 2001 is A13
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