currently have the lowest gross margin among all products‚ because competitors had been reducing prices on pumps and Wilkerson adopted its prices in order to remain competitive and to maintain the volume. 2. Given some apparent problems with Wilkersons cost system‚ should executives abandon overhead assignment to products entirely by adopting a contribution margin approach in which manufacturing overhead is treated as a period expense? Our conclusion is‚ that they should not adopt a contribution margin
Premium Cost accounting Costs Cost
mouths of many Americans. The famed Peanut Butter and Jelly sandwich‚ or PB&J‚ has the ability to put a smile on a toothless face‚ it is a universal food. This simple but delicious sandwich can be done in seconds all you need is hunger and some household ingredients to get started. Learn and Join the thousands of americans who eat and enjoy Peanut Butter and Jelly everyday. To begin you will need to grab all the needed ingredients. Creating the perfect peanut butter and jelly sandwich might be simple
Premium Nutrition Food Hamburger
Q: Is depreciation expense or depreciation cost is fixed cost or variable cost in nature? Fixed costs: Fixed costs are such costs that do not change with the change in activity level within the relevant range. Where relevant range can be defined in terms of time or activity level. Variable costs: Variable costs are such costs that change with the change in activity level . Coming to the question‚ depreciation expense or depreciation cost can either be fixed or variable and this depends on the
Premium Costs Variable cost Depreciation
TITLE: Arachis hypogaea (PEANUT) AS A PRIMARY INGREDIENT FOR A MILK SUBSTITUTE CHAPTER I INTRODUCTION RATIONALE The milk consumption of the Filipinos is 70‚000 MT in the year of 2011. In recent statistics‚ it shows that in Asian countries‚ most people either have lactose intolerance or milk allergy. Lactose intolerance is the inability to digest lactose‚ a sugar found in milk. This is caused by the lack of lactase‚ the enzyme required to breakdown lactose in the digestive system. Milk allergy
Premium Milk Soy milk Peanut
Cost allocation for indirect costs Cost Pool – Set of costs that are added together before being allocated to cost objects on some common basis Cost Driver/ Allocation base Cost Object Cost Driver Rate = Total Costs in Pool/ Total Quantity of Driver Where total quantity of driver = practical capacity of driver Cost of excess capacity = Cost Driver Rate * Excess capacity Predetermined overhead rate - cost per unit of the allocation base used to charge overhead to products. Predetermined
Premium Costs Cost driver Cost
have done above is a “full-cost” analysis. This is in contrast to a “direct-cost” analysis that ignores overhead costs. Is full cost the right metric for job profitability and customer profitability? What assumptions are we making about the variability of overhead costs when we do a “full-cost” analysis? By allocating the overhead costs to jobs and customers there is an implicit assumption that these are variable with the cost driver. In reality‚ some of the overhead costs are fixed‚ at least in the
Premium Cost Costs Economics
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 of the four products. The assignment
Premium Cost Costs Mathematics
As a part of my breakfast on Day 1‚ I ate a peanut butter and jelly sandwich. The creamy peanut butter provided both protein and fat for my diet while the multigrain bread provided me with carbohydrates. As I take a bite of the peanut butter and jelly sandwich I crush all three of the macronutrients with my teeth. The role of saliva helps moistens the food while a digestive enzyme in the saliva called salivary amylase (ptyalin) helps breaks down the complex carbohydrates mostly contained in the bread
Premium Nutrition Food Sugar
products. Chuck questioned if the current cost-management system was providing the management with accurate data about product costs. In a traditional‚ volume-based product-costing system‚ only a single predetermine overhead rate is used. All manufacturing-overhead costs are combined into one cost pool‚ a grouping of individual indirect cost items‚ and they are applied to products on the basis of a single variable that costs over a given time span (cost driver) that is closely related to production
Premium Cost Costs Manufacturing
KK Cafe Peanut milk was invented by Jack and Margaret Chang‚ it’s sold in the KK Cafe in San Francisco for $4.50 half a gallon. The Changs call their drink a “miracle‚” due to its healing properties. They claim peanut milk can prevent baldness‚ strengthen cancer patients‚ clear up sinus problems‚ and cure fatigue. Numerous customers also believe that peanut milk can The article is about how drinking peanut milk could possibly be a remedy for health problems various people have. One customer wrote
Premium Nutrition Coffee Caffeine