FACTS OF THE CASE The brief facts of the case are: The petitioner‚ M/s. KVR Construction (Assessee) is a construction/development organization rendering services/administrations under classification of "Development of Residential Complex Service" and are paying the Service Tax as per Finance Act‚ 1994. They are construct some buildings for Shri Adichunchanagiri Shikshana Seva Trust by virtue of an agreement dated 7-12-2004: (a) Medical college (b) AIMS Hospital (c) SJBIT Engineering college (d) SJBIT
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Loader1 “Congratulations‚ Scott. You are the new supply management manager of our new Deere & Company Commercial Worksite Products manufacturing facility in Knoxville‚ Tennessee. As you know‚ we really need your help to make this new facility fully operational in 24 months. I am sure you realize that a critical responsibility of your new job is to integrate suppliers into the product development process for our own Deere manufactured skid-steer loader as quickly as needed. You will be reporting directly
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Week Four Case Study Quality Parts Company Anthony Decker Operations Management OSC301 University of Phoenix 6 December 2004 Week Four Case Study In the case study of the factitious company‚ Quality Parts Company (QPC)‚ QPC supplies gizmos for a computer manufacturer located a few miles away. Although the text states that QPC manufactures only two models of gizmo‚ it also states that manufacture for models X and Y start at machine 2‚ the lathe‚ while model Z requires milling at machine 1
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Improving Asset Management and Order Fulfillment at Deere & Company’s C&CE Division Deere & Company founded in 1837 and headquartered in Moline‚ Illinois is a leading production company of agriculture equipment‚ forestry and consumer use. The $15.5 billion company employs 43‚000 people. The Commercial and Consumer Equipment (C&CE) Division reported over $3 billion revenues in 2003. In 2001 C&CE leaders committed to reducing total inventory by $500 Million and as sales increased‚ to holding inventory
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Dell Case Study Part A TABLE OF CONTENTS Introduction and Company Background……………………………………………………………………………………….3 Key Offerings………………………………………………………………………………………………………………………………..4 Perceptual Map…………………………………………………………………………………………………………………………….5 SWOT Analysis………………………………………………………………………………………………………………………………6 Concept Generation……………………………………………………………………………………………………………………..6 Works Cited…………………………………………………………………………………………………………………………………..7
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inventory. FIFO assigns first costs incurred to COGS on income statement. LIFO assigns last costs incurred to COGS on the income statement and if using a weighted average method a company would assign average cost incurred to COGS on income statement. Deere and Company uses LIFO costing method. d. Assuming that prices are increasing‚ FIFO gives a better indication of the value of ending inventory (on the balance sheet)‚ but it also increases net income
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10-45 PINNACLE MANUFACTURING - Part III Control Risk Matrix – Acquisitions Transaction-Related Audit Objective Internal Controls* Recorded acquisitions are for goods and services received (occurrence). Existing acquisition trans- actions are recorded (complete-ness). Recorded acquisition transactions are stated at the correct amounts (accuracy). Recorded acquisition transactions are properly included in the master files‚ and are properly summarized (posting and
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Chapter 12 Inventory Management Discussion Questions 1. The short answer is that higher inventories do not provide an advantage in any of the nine competitive priority categories. The important point is that firms must have the “right amount” of inventory to meet their competitive priorities. The only relevant costs considered in this chapter are ordering costs‚ holding costs‚ and stockout costs. In the economic order quantity (EOQ) model‚ costs of placing replenishment orders tradeoff
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INTRODUCTION Parts Emporium‚ Inc. is a wholesale distributor of automobile parts formed by two disenchanted auto mechanics‚ Dan Block and Ed Spriggs. Originally located in Block’s garage‚ the firm showed slow but steady growth for 7 years before it relocated to an old‚ abandoned meat-packing warehouse on Chicago’s South Side. With increased space for inventory storage‚ the company was able to begin offering an expanded line of auto parts. Fifteen years later‚ Parts Emporium was the largest
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CASE EXAMPLE Electrolux History This was just the latest shift in strategy at Electrolux whose impressive growth and development started under the leadership of Alex Wenner-Gren in 1920s Sweden. The early growth was built around an expertise in industrial design creating the leading products in refrigeration and vacuum cleaning. By the mid-1930s the company had also established production outside Sweden in Germany‚ UK‚ France‚ USA and Australia. The period following the Second World
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