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
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Background: Parker Pen Company it’s an expert‚ traditional and well known fine writing instruments manufacturer based in Janesville‚ Wisconsin. Its founder‚ George Safford Parker‚ initiated the company’s history back in 1889 with the fountain pen patent‚ which would enable him three years later (1892) officially give birth to Parker Pen Company. In the earlier years of its existence‚ the company worried to reinforce its expertise in fine writing instruments manufacture‚ so that in 1920’s it was
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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.
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The Classic Pen Company A Case Analysis The Classic Pen Company – A Case for Activity Based Costing Introduction: • Low-cost producer of traditional Blue and Black ink pens • Profit margins of over 20% of sales • 5 years earlier- introduced Red Pens using same technology at 3% premium • Recently‚ introduced Purple Pens using same technology at 10% premium. Classic Pen Company – Issues facing the Management ISSUE 1 - Profitability While Red & Purple pens seem to be more profitable‚ overall
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Abstract Why women make equal or better leaders than men. Just the thought that women make equal or better leaders than men stirs an immediate controversy. Both men and women know they will offend or step on many toes‚ especially those men who believe that it’s a man’s world. Everything considered equal‚ consider the thought. Although there are not any concrete studies on domestic leadership‚ there are examples throughout history that suggest‚ at least without her support‚ his career may
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Which is better—Coke or Pepsi? Chocolate or Vanilla? Conventional food or Organic food? Wait‚ what? It’s easy for us to form answers from our own opinions‚ but not from scientific research. Your best friend might love Pepsi‚ but you could be an adamant supporter of Coke. There is no true evidence that chocolate is better than vanilla. The same applies to food. No one can prove scientifically that organic food is better than conventional food. That’s not to say that regular food is unhealthier or
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Love Marriage is Better Than Arrange Marriage. Just as we all know‚ life is not a bed of roses. Things do not work as smoothly as we expect them to. Sometime‚ we often change ways‚ make compromises‚ stand stubbornly and let things fall apart. Marriage is the most beautiful relationship that happens to everyone at some point of time. Life is the way we make it to be. Peoples get married because they love each other. They want each of them close for the rest of their life. Due to this statement
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College is better than high school because it gives the student a baby step out into the real world. It also provides them with a since of security while they are adjusting in to the real world. It gives them a chance to be on there own. College lets the student step into adulthood by allowing them to make their own decisions and by letting them deal with them and there consequences. Unlike high school in college the student will have to learn to manage his or her money and provide payment
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MEN CAN BE BETTER THAN WOMEN IN PARENTING “The body of a man is designed to only father a child‚ not nourish him” said an eminent child psychologist Mr Edward Hayes at the children health and Hygiene congress in Malibu islands in 1962. Lot of water has flown down the Sienne since the statement was endorsed by the 200 doctors collected at the venue. Now the world has changed. the views have changed. And so have the trends. In the earlier times the man of the house was the sole bread earner
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Why adults are better learners than kids (So NO‚ you’re not too old) Kids are great! I was an ESL (English as a Second Language) teacher for several years in several countries‚ teaching mostly children‚ and I could see how quick they were at learning a second language. Of course‚ who of us doesn’t want to go back to our childhood‚ when things were simpler and the world was full of endless possibilities (which too many people claim it somehow isn’t any more…)? Along these lines‚ one of my favourite
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