Q1. Based on the 2004 statement of profit and loss data‚ do you agree with Water’s decision to keep product 103? Yes‚ we agree with Water’s decision.We explain it through Incremental Analysis (differential Income Approach) Continue Drop Difference Sales 26670 0 -26670 Less-Variable Expense Compensation Insurance 458 0 458 Direct Labour 6879 0 6879 Materials 4851 0 4851 Supplies 350 0 350 Repairs 104 0 104 Power 302 0 302 Total Variable Expense 12944 12944 Contribution
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Answer#1 First Six-Months Price Variance Efficiency Variance Sales-Volumn Variance AQ*AP AQ*SP SQ*SP Static Q*SP Raw Materials 590000*3.867=2281000 79000F 590000*4=2360000 104000U 188000*3*4=2256000 144000F 200000*3*4=2400000 Direct Labor 400000*11=4400000 $- 400000*11=4400000 264000U 188000*2*11=4136000 264000F 200000*2*11=4400000 Spending Variance Efficiency Variance Never a Variance Actual Input
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1.0 MANAGERIAL ACCOUNTING Managerial accounting is concerned with providing information to manager for those are inside an organization and who direct and control its operations. Managerial accounting its differences between the financial accounting because it concerned with preparing financial reports and releasing information to the general public. Managerial accounting focuses on three business issues which are allocating the cost of goods or services‚ cash management or budgeting and financial
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CASE FOR USE WITH OROS QUICK® ABC SOFTWARE Blue Ridge Manufacturing Company BACKGROUND: Blue Ridge Manufacturing is one of a dozen companies that produces and sells towels for the U.S. "sports towel" market. A "sports towel" is a towel that has the promotion of an event or a logo printed on it. They’re called sports towels because their most popular use is for distribution in connection with major sporting events such as the Super Bowl‚ NCAA Final Four‚ Augusta National Golf Tournament
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During the second half of the year‚ the company increased the price of the goods. As a result the company suffered a decrease in sales but its total revenue increased due to the increasing prices. This could be explained by the fact that the company did not maximize its profit during the first half of the year‚ the price and sales of the company is not at equilibrium and products are being sold at a price lower than equilibrium. At the second of the year‚ due to an increase in price the sales volume
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Name:- Rakesh Patil. Roll No:- PGEMP43/A/29. Apply the five forces analysis to a selected product market/division and assess the attractiveness of that industry. Compare the attractiveness of the industry five years back versus today. I work for ElectroMech Material Handling Systems India Pvt Ltd which is one of the largest manufacturer of workshop duty Cranes in India. For the five force analysis I have selected Cranes used in the hazardous area termed as Explosion protected cranes. Introduction:-
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THE APPLICATION OF VALUE CHAIN ANALYSIS IN THE MANUFACTURING COMPANIES: A SURVEY OF QUOTED MANUFACTURING FIRMS IN NIGERIA BY AZUBUIKE VERA M.U. DEPARTMENT OF BUSINESS ADMINISTRATION UNIVERSITY OF ABUJA e- mail _ veraiswaiting4u@yahoo.com ABSTRACT The United Nations International Trade Laws (The UNCITRAL Model) which replaced the old law of trade and tariff‚ emphasizes high quality goods‚ works and services‚ economy and efficiency‚ in order words‚ value for money. The aim of the paper is to
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in a manufacturing company. This will include a critical assessment of three functions being Recruitment‚ Selection and Employee Turnover function which are vital to the achievement of estimated goals. Being appointed as the Head of HRM by the General Manager of ABC company‚ certain problems are to be addressed such as poor matching of new personnel to their job and rising levels of staff turnover. This essay will also point out certain aspects and changes which may be required by the company to retain
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BLEKINGE INSTITUTE OF TECHNOLOGY‚ SCHOOL OF MANAGEMENT. PERFORMANCE MEASUREMENT IN A MANUFACTURING COMPANY (THE CASE OF ALFA LAVAL LUND AB) MSc in Business Administration Author Godwill Tapisi Mukonje MSc in Business Administration School of Management gota06@student.bth.se Supervisors Lars Svensson and Björn Ljunggren April 2009 Godwill Tapisi Mukonje‚ Master’s Thesis‚ BTH 2009 0 This thesis is submitted to the School of Management at The Blekinge Institute of Technology
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Name: Analysis‚ Synthesis‚ and Evaluation of the Eagle Manufacturing Company I. Major Facts A. Ted Jones has been the supply manager for the Eagle Manufacturing Company for the past two years. B. Although Ted Jones has a great team of buyers‚ expediters‚ and support staff who carry out top notch work‚ the morale in Ted’s department is low. i. One of the senior buyer’s in Ted’s department‚ Bill Wilson‚ submitted his resignation. Bill accepted a position at another company where
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