ACC 341 Classic Pen Case Assignment You should hand in one page of analysis and two sets of supporting calculation. The first supporting calculation is an ABC system for Classic Pen‚ constructed by filling in the blanks in the following table. First allocate the total expenses in each row to the various activities‚ based on information in the case. Then choose a cost driver and calculate the rate per unit of the cost driver. Activities Schedule & Handle Production Runs Set up Machines
Premium Pen Color Revenue
Classic Pen Activity-Based Costing Analysis Executive Summary By using the volume based costing system‚ Classic Pen appears to be profitable and making a good return on sales of blue‚ black‚ red‚ and purple pens. The percentage of return on sales of all four colors of pens seems to be no less than 17%. Once the traditional income statement is analyzed‚ the indirect costs are lumped together in the general cost pool titled “overhead”; these costs should be broken down into specific cost pools.
Premium Costs Revenue Cost
A study on working of Ball pen By Sunil kumar . S Std .X. A Nithin kumar. P.V Std. X. A Musamil . F.K Std IX. A Govt: Boys H.S.S .KARAMANA THIRUVANANTHAPURAM. Guide: Smt. Abida Beevi History of the Ballpoint Hungarian journalist Laszlo Biro was well aware of the problems with normal pens. Biro believed that the idea of a pen using a quick-drying ink instead of India ink came to him while visiting a newspaper. The newspaper’s
Premium Pen
Part A My essay will examine five ways of identifying a setting as inclusive. I work as a nanny in a sole charge role‚ in a family home. I work with a family of 3 children‚ one of the little girls has additional needs and she attends a special needs school. I will reflect on my life experiences and the course material within this essay and how this has influenced my understanding of inclusion. Inclusion is about feeling like you belong‚ being valued and feeling happy within the setting and the local
Premium Education Special education Local government
Case Study: Classic Pen Company 1- Cost of production of the pens according to ABC method: INDIRECT FINGE BENEFICT INDIRECT LABOR TOTAL indirect Labor Indirect Labor Computer System Other Overhead Total overhead Quantity Overhear Rate 8‚000 20‚000 28‚000 Production Runs Setup Time Administration Run Machines 14‚000 11‚200 2‚800 8‚000 2‚000 14‚000 22‚000 11‚200 4‚800 14‚000 150 526 4 10‚000 146.67 21.29 1‚200.00 1.40 Total 28‚000 10‚000 14‚000 52‚000
Premium According to Jim Green The Unit
Mary Parker Follet defined management as ‘the art of getting things done through people.’ This means that managers use their employees to perform tasks which will help achieve organisational goals without themselves performing the tasks that are managers and subordinates should fully collaborate. The management in all business and organisational activities comprises of planning‚ organizing‚ leading and controlling for the purpose of accomplishing a goal. And Mary Parker Follet is saying the subordinates
Premium Management
the most frequently used‚ pen and pencil. Since pencils are better for the environment‚ are less time consuming‚ have erasers‚ and save money‚ they are the most beneficial of all writing implements. Pencils are infinitely better than the pen because they are much less time consuming. A pencil glides over the paper much more quickly‚ which affords a more rapid of execution than the pen. Rapid pencil writing is easier to read than rapidly-made pen marks‚ for the reason that
Premium Pen Writing Stationery
Cole and Parker Case While there are many risks that are involved with any product launch of a company‚ there are also many opportunities to seize. Cole and Parker’s business idea is a solid foundation to market to their target market. The biggest opportunity that would need to be identified as their trademark is “Cole and Parker: Socks that Start Businesses” since there isn’t another sock company that would aid entrepreneurs to start their own business. This is the key driver in selling their
Premium Marketing Entrepreneurship Economy of the United States
THE CLASSIC PEN COMPANY Activity Based Costing case study Topics • About The Classic Pen Company • Issues • ABC introduction at TCPC • Managerial implications • Recommendations School of Business and Economics - Opleiding tot Registercontroller (EMFC) About • Classic Pen Company is a low cost provider of traditional BLUE and BLACK pens • High profit margins (over 20% of sales) • Cost allocated on basis of traditional cost price method • Introduction of new colors (RED and PURPLE
Premium Business Cost Economics
Principles of Managerial Accounting 70-255-04 Classic Pen Company: Developing an ABC Model Submitted to: Peter Roth Submitted by: Jessica Bodnar 104042988 October 21st‚ 2014 Classic Pen Company are a low-cost producer of traditional blue and black pens. By adding red and purple pens they could add a 3% and 10% premium‚ respectively. Making the red and purple inks were more complicated but seemed more profitable‚ however their overall profit margins were going down
Premium Computer Personal computer Cost