have to find out the Set up cost‚ Holding cost‚ Demand per year‚ Demand per week and production rate. Therefore‚ we have Ø Set up Cost: According to the case study‚ we have the shop labor rate is the sum of $6 per hour for wages‚ 33% fringe benefits and $6 per hour charged for overhead. Moreover‚ line 1 has 10 workers who engage in assembly. Thus‚ the setup cost is: S = 1 hour * 10 workers * ( $6 wages + 0.33*6 benefits+ $6 overhead )= $140 Ø Holding Cost: There is some ambiguity
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Structure Setting and Adjustment | Definition | A pay structure is a collection of pay rates or pay ranges.Structure setting and adjustment is the process of developing‚ adjusting‚ and maintaining a pay structure. | Purpose | Pay structures are used to help organizations: * maintain pay levels that are competitive with the external labor market‚ * maintain internal pay relationships among jobs‚ * recognize and reward differences in level of responsibility‚ skill‚ and performance‚ and
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Tips in Preparing for EXAMINATIONS.. 1) Look after yourself - Try to be well rested and well nourished in preparation for exams. "Drink plenty of fluids‚ eat a good healthy breakfast‚" advises Professor Sarah Moore‚ co-author of The Ultimate Study Skills Handbook. "The fresher and more energetic you feel‚ the more it will support your ability to tackle the cognitive challenges." 2) Plan your work - Some people concentrate better at night‚ others prefer to be up with the larks. Stick to
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will ask you‚ how you will convince your target? Which skills you have to put on the top? Just continue reading these topics to know about the most important 10 tips you should respect to success your resume: 1. Be concise. One to two pages is really good‚ more than that you will make the employer bored. 2. Keep it simple. Use the appropriate sentences and tell about your most noteworthy accomplishments not every detail of the project. 3. Put your most recent work experience first. 4. Include
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How To Prepare for a Final Exam A large portion of the final class grade hinges on the final exam. This time of period is extremely stressful for some students‚ but excellent preparation helps you reduce stress and anxiety and yield better grades. Then there’re three basic study points that you should take notice of: one is your study environment‚ another is time management and the third is review of the previous lessons. Firstly‚ to choose an appropriate place is essential while you are preparing
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manufacturing cost categories. LO2 Distinguish between product costs and period costs and give examples of each. including calculation of the cost of goods sold. LO4 Prepare a schedule of cost of goods manufactured. LO5 Understand the differences between variable costs and fixed costs. LO6 Understand the differences between direct and indirect costs. LO7 Define and give examples of cost classifications used in making decisions: differential costs‚ opportunity costs‚ and sunk costs. LO8
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3 Cost-Volume-Profit Analysis Learning Objectives 1. Explain the features of cost-volumeprofit (CVP) analysis 2. Determine the breakeven point and output level needed to achieve a target operating income 3. Understand how income taxes affect CVP analysis 4. Explain how managers use CVP analysis in decision making 5. Explain how sensitivity analysis helps managers cope with uncertainty 6. Use CVP analysis to plan variable and fixed costs 7. Apply CVP analysis to a company producing multiple
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Confirmation Manage my Booking Complete your trip Destination Guide Flying Blue Confirmation Your booking has been successful Your reservation confirmation has been sent to the e-mail address you indicated. You will receive your e-ticket(s) at the same e-mail address as soon as your payment has been received. Bank transfer payment may take up to several days. Important • Please note that new baggage rulesapply to tickets issued on or after 28 March 2010. • Please make sure
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Describe your week so far. What you have done? Overall‚ has this week been hectic‚ busy‚ routine or slow? I can describe my last week as a very busy and fast week at work. I have done many things so far during the last past week. First at all‚ my week started the first at school of summer term at University of North Florida. It was 6:30 am of Monday‚ May 07‚ 2012 when my clock alarm woke me up. I prepared myself very quickly and then left my home about 7:15 am. The distance between my house and
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SOC 321 – Week 5 Modern Meat Production & ‘Manufactured Risk’ Since 1950‚ world meat production has increased fivefold. No society past or present raises and kills so many animals just for their meat. No other society has ever adopted such intensive systems of animal production and nonrenewable resource dependent farming practices. These have evolved to make meat a dietary staple and to meet the demand for ‘cheap’ and plentiful supply of meat. Billions of animals are slaughtered every year and
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