data‚ what was the total expected cost per unit if all manufacturing and shipping overhead (both variable and fixed) was allocated to planned production? What was the actual per unit cost of production and shipping? Total budgeted costs (both variable and fixed) = 512‚800 + 26‚000 = $772‚800 Total budgeted units = 18‚000 Total expected cost per unit = 772‚800 / 18‚000 = $42.93 Total actual costs (both variable an fixed) = 432‚000 + 261‚200 = $693‚200
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conclusions): 1. Cost a) Cost of Production: Right now Albatross is producing two different types of anchors. The snag hook anchor is costing $11.00 per pound and the bell hook is selling for $8.00 per pound at this current time. The cost of production line also includes economies of scale in material purchasing‚ raw materials and finished goods sitting idle in the warehouse. b) Economies of Scale in material purchasing: Economies of scale are reductions in average costs attributable to
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and a dryer can handle a maximum of 15 loads of 3 kg laundry per day (1 load=3kg). Clean Wash offers next day pick-up service. Upon request of the customer‚ Clean Wash can arrange a same day pick-up or the customer can wait in the shop at no extra cost. II. STATEMENT OF THE PROBLEM Should Ms. Reyes accept the proposal of Hair Cuts? III. ARES OF CONSIDERATION a. Quantitative Factors PRICE Wash‚ Dry‚ Fold P35/kg AVERAGE NUMBER OF LOADS PER MONTH (1 load=3kg) January
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Description / Instructions: Complete the Week 1 WileyPLUS Practice Quiz. Multiple Choice Question 41 The proprietorship form of business organization generally receives favorable tax treatment relative to a corporation. combines the records of the business with the personal records of the owner. is classified as a separate legal entity. must have at least two owners in most states. Multiple Choice Question 45
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arAs a representative and consultant for KU Consulting firm your task is to use your expertise in Operations Management to assist Albatross Anchor. Write a report answering all the questions posed regarding the case study of Albatross Anchor. Demonstrate your understanding of course content by using concepts and principles from your textbook and from academic quality research to solve these challenges. Albatross Anchor Case Study (Note: This is not a real company) Introduction Albatross
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|Food Establishment Feasibility Study | |Project 2: | |Menu Costing | |Submitted to: | |Mr. Durwin Santos | |Business Math Professor | |Submitted by: | |Tricia Grace Go Rañises | |Francisco Naguiat
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used to produce Forner’s other carpets. All the more reason why the fixed costs of the L-42 department should not be considered in the pricing of L-42. Removing the fixed costs of the L-42 department‚ the Total Variable Cost of L-42 is only approximately $1.55 per square yard. And if you factor in the Direct Overhead costs of the L-42 department‚ it is still only approximately $0.53 per square yard more‚ for a total direct cost of approximately $2.08 per square yard. 3. If Forner’s competitors
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WRITING ANALYSIS AND COMMUNICATION-I Assignment No. 2 CASE ANALYSIS OF KANPUR CONFECTIONORIES PRIVATE LTD. (A) Name: Hitu Kanodia 1. EXECUTIVE SUMMARY OBJECTIVE: Kanpur Confectionaries Private Ltd (KCPL) has the vision of emerging as a leading national brand in the biscuit industry and thus maintaining the family name and dignity. PROBLEM: APL is a leading national player in the biscuit industry and is a major competitor of KCPL. KCPL has to decide their response
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divorce‚ since his wife used to take care of the activity He has no knowledge which of his 4 items – glasses‚ paper weights‚ tumblers and vases – is profitable He is in dire need of a better pricing strategy to maintain profits after accounting for costs and his wages Looking at the available data‚ Giberson seems to be under-utilizing several of his resources‚ namely raw materials and time in addition to inefficiently pricing the products. Let us look at each of these factors separately. Raw Materials
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only fixed expenses. President Riesman finds this method unsatisfactory for two major reasons: 1. It is difficult to judge how good the estimates made by the department heads really are; and 2. Selling conditions fluctuate over time and there is no way to account for these changes in the selling expenses once the budget is set for that year. Thus a new budgeting method is being researched at this time. The new method‚ if adopted‚ would be based on both fixed and variable costs. The fixed costs
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