Chapter 3 Solutions‚ 3rd day Exercise 3-13 (15 minutes) 1. | Actual manufacturing overhead costs | | $ 48‚000 | | Manufacturing overhead applied: 10‚000 MH × $5 per MH | | 50‚000 | | Overapplied overhead cost | | $ 2‚000 | | | | | 2. | Direct materials: | | | | Raw materials inventory‚ beginning | $ 8‚000 | | | Add: Purchases of raw materials | 32‚000 | | | Raw materials available for use | 40‚000 | | | Deduct: Raw materials inventory
Premium Manufacturing Supply chain management terms Inventory
Statement of Purpose - MBA Studying for an MBA requires a certain determination and strength of character. In recent years‚ the business world has become rapidly integrated across once restricting borders‚ and anyone with high goals in the business world must have an international perspective and be aware of the realities of different international arenas. I graduated with a Bachelor’s degree in Commerce from Delhi University‚ (New Delhi) ‚ India in 2nd division. I attribute my excellent grades
Premium Management Business Marketing
different leadership styles as per Managerial – Leadership Grid Theory. Answer: The Managerial Grid was the original name which was the modifications were made by Robert R Blake and Anne Adams McCanse. After the modifications it was named as Leadership Grid. Figure: Leadership Grid Leadership Grid – an approach to understanding a leader’s concern for results (production) and concern for people The five major leadership styles specified as per Managerial – Leadership Grid Theory: 1. The impoverished
Premium Management Leadership
1. Introduction 1.1 Origin This project proposal titled “Critical Analysis of Tea Industry in Bangladesh from Managerial Economic Perspective” has been proposed for Dr. A. K. M. Saiful Majid‚ Course Instructor‚ Managerial Economics‚ as a partial requirement of the course. 1.1. Scope We have used this study to find out present situation of the tea market which includes the demand supply equilibrium‚ demand supply scenario‚ market structure‚ problems and potentialities of the distribution
Premium Supply and demand Tea
My primary goal in pursuing the Master of Science in Engineering Management is to be able to apply my knowledge of engineering principles to business practices‚ to develop procedures and strategies that can be applied to enhance the value of products and services. I believe that‚ with so many challenges facing us in the global economy like sustainability‚ environment issues etc.‚ skilled engineers who understand the fundamental principles of business and law possess a strong competitive edge in the
Premium Management
1-5 a. Historical costs are not useless in rapidly changing environment. Even though it does not tell us the fair market value of a certain item‚ it gives us an idea of how the price has changed as time passes. It allows us to record the depreciation and forecast the future costs. b. 1-8 2-4 A lotion bundle consists of 2 cases of 4oz‚ 4 cases of 8oz and 1 case of 12oz bottles. For each lotion bundle: Revenue=2*$36+4*$66+1*72=$408‚ Variable cost=2*$13+4*$24.5+1*27=$151 Contribution
Premium Point
Clydin Abigail C. Ramiro-Sapong July 22‚ 2013 Management Experience Fresh out of college I joined the family business and was tasked to set up the Human Resource Section of the then 30 year old organization. It was a baptism of fire since I had no previous HR experience. I had to learn from scratch‚ from finding out to what should be in the 201 files and how to file them‚ to re-orienting and training PRC regulated professionals
Premium Management
Case 8-29 1. a. Sales budget: April May June Quarter Budgeted sales in units 35‚000 45‚000 60‚000 140‚000 Selling price per unit × $8 × $8 × $8 × $8 Total sales $280‚000 $360‚000 $480‚000 $1‚120‚000 b. Schedule of expected cash collections: February sales $ 48‚000 $ 48‚000 March sales 112‚000 $ 56‚000 168‚000 April sales 70‚000 140‚000 $ 70‚000 280‚000 May sales 90‚000 180
Premium Balance sheet Generally Accepted Accounting Principles Liability
Simple Way of Writing Statement of Purpose The statement of purpose (SoP) should be of two pages‚ not more than 2MB if it is a PDF file. Don’t worry about the statement of purpose format‚ just start writing as described below: • 1st Paragraph: While writing about your aim in life‚ you should also show your excellence in academics. The first paragraph is going to create the ’first impression’‚ so it should be carefully crafted to show your interest in the chosen field from the very beginning
Premium Extracurricular activity Writing Management
------------------------------------------------- Chapter 5: Bonds‚ Bond Valuation‚ and Interest Rates (5–1) Bond Valuation with Annual Payments Jackson Corporation’s bonds have N=12 years remaining to maturity. Interest is paid annually‚ the bonds have a FV=$1‚000 par value‚ and the coupon interest rate is PMT=8%. The bonds have a yield to maturity of I=9%. What is the current market price of these bonds? $928.39 Calculator solution: Input: N = 12‚ I = 9‚ PMT = 80‚ FV = 1000‚ Solve for PV =
Premium Bond Investment Bonds