The Office of the Comptroller of the Currency (OCC) recently issued itsSemiannual Risk Perspective‚ which discusses risk concerns for national banks and savings institutions. The three major risk concerns that the OCC outlined in the report are (1) the after-effects of the recent housing-driven boom/bust cycle; (2) the challenges to banking industry revenue growth in a post-recession‚ slow-growth economy; and (3) the potential that financial institutions may take excessive risks to improve profitability
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industry experienced rapid development‚ alongside the economy‚ in the 1920’s to keep up with the demand of the changing American population. But to what extent was the motor industry responsible for the economic boom? A critical factor in the motor manufacturing industry was the vast number of vehicles which were manufactured and sold‚ with the Ford Motor Company being the catalyst for this. Henry Ford Established the Ford Motor Company in the early 20th century and quickly started selling his famous Model-T
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DHL 2‚400 1‚440 720 320 4880 Plant overhead $122‚000 D/L rate/hour $30 Youngstown has a traditional cost system. It calculates a plant-wide overhead rate by dividing total overhead costs by total direct labor hours. Assume‚ for the calculations below‚ that plant overhead is a committed (fixed) cost during the year‚ but that direct labor is a variable cost. 1. Calculate the plant-wide overhead rate. Use this rate to assign overhead costs to products and calculate the profitability
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M WOODS – Transportation‚ Inventory‚ Motion‚ Waiting‚ Over production‚ Over processing‚ Defects‚ Skills)? How did Audition Assembly apply the lean tools to minimize the waste in the affected manufacturing areas? What was the impact on Audition’s four metrics (Safety‚ Quality‚ Delivery and Cost)? • Skills – no cross training‚ departments are very separated. Employees expected to sit down and shut up rather than share concerns/ideas. o Increased quality due to increased employee morale from feeling
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product line and activity. In addition‚ the burden cost of the main and test room also significantly vary. Therefore‚ using a single burden rate does not provide the true cost of the product‚ as it assumes all products consume direct labor and overhead in the same proportion. 2. Cost for each system are as follows: 3. I prefer the system proposed by the consultant because it is the most detailed‚ therefore will produce more accurate costs. 4. The ideal allocation base should
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Use Visual Aids to Enhance ... Not Destroy ... Your Presentations by Chris King Visual aids can add a new dimension to our presentations. When used properly they will enhance our presentation and make it memorable. When used improperly‚ however‚ they will distract from our impact as presenters. They will not only bore and confuse our audiences‚ they will also put them to sleep. I have attended more presentations than I even want to think about where the speaker somehow felt that he or she must
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OVERHEAD COSTS ACCOUNTING Overheads are indirect costs which can not directly be traced to cost units. The task of the cost accountant is to charge these overhead costs to cost units/products. There are two approaches of charging overhead costs to cost units Viz i. Traditional/conventional absorption costing method and‚ ii. Activity Based Costing (ABC) Classification of overheads Overheads can be classified as production or non production overheads. Production overheads are those incurred
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text‚ or it may be used to clarify or reinforce information‚ ideas‚ comments‚ solutions or suggestions which are presented verbally. Slide shows are sometimes still conducted by a presenter using an apparatus such as a carousel slide projector or an overhead projector‚ but now the use of an electronic video display device and a computer running presentation software is typical. Animation Animation is the process of creating a continuous motion and shape change illusion by means of the rapid display
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problems on people in the form of x-rays and ultrasound. Clinics use technology to check patient blood pressure and results. Do to technology cures have been found to health problems that did not have cures. Electronics are also being used in school. Overhead projectors and Powerpoints are used in classrooms to help students learn and understand concepts. Interactive white boards allow teachers and students to write and save their notes. Powerpoints make presentations more People use different types
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Overhead Allocation [pic] Overhead Allocation Overview In many businesses‚ the cost of overhead is substantially greater than direct costs‚ so the cost accountant must expend considerable attention on the proper method of allocating overhead to inventory. There are two types of overhead‚ which are administrative overhead and manufacturing overhead. Administrative overhead includes those costs not involved in the development or production of goods or services‚ such as the costs of front office
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