Jordan Company Solution Jordan Company has two departments‚ X and Y. Overhead is applied based on direct labor cost in Department X and machine-hours in Department Y. The following additional information is available: Budgeted Amounts Direct labor cost Factory overhead Machine-hours Actual data for Job #10 Direct materials requisitioned Direct labor cost Machine-hours Department X $180‚000 $225‚000 51‚000 mh Department X $10‚000 $11‚000 5‚000 mh Department Y $165‚000 $180‚000 40‚000 mh Department
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Reinventing Ericsson Ericsson had almost gone bankrupt when the dot-com bubble burst and the telecom market collapsed in late 2000. When Svanberg (first externally recruited CEO in 60 years) took over in April 2003‚ he launched yet another cost cutting package (after CEO Kurt Hellström in early 2003)‚ the fourth in two years. Svanberg wanted to do more than just restore the company to break-even‚ he wanted the latest round of cuts (coupled with revenue increases) to return Ericsson to profit. Svanberg
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*The following outlines the big chapter heading for which you will or will not be responsible for in the test. Chapter 6: Responsible for: • What is corporate strategy • What is vertical integration • The value of vertical integration • Integrating Different theories of vertical integration. • Vertical integration and sustained competitive advantage • Organizing to implement vertical integration • Management Controls and Implementing Vertical Integration Not responsible for • Strategy
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Salvation Army‚ American Red Cross‚ and Meals on Wheels are just a few of the many volunteer associations that try to make people’s lives better. The Meals on Wheels association is best known for delivering meals and providing health checkups for elderly individuals in their homes. Senior malnourishment is a largely unaddressed problem in America‚ and Meals on Wheels is a great organization that tries to provide solutions to the situation. Meals on Wheels is a volunteer organization with a wonderful
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1. Why does Apex find AccessLine to be an attractive investment? What are the risks? Basically‚ Apex was attracted by the new technology and the unique business model of AccessLine. And‚ it was at the early stage and was not invested heavily by other professional investors. The positive cash flow was an important factor that makes Apex felt confident. It means that the market actually existed and customers understand the concept of technology‚ reducing the entry risk. With the domain knowledge
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Internet Case for Chapter 2: Operations Strategy in a Global Environment Johannsen Steel Company Johannsen Steel Company (JSC) was established by three Johannsen brothers in 1928 in Pittsfield‚ Rhode Island. The brothers began JSC by concentrating on high-quality‚ high-carbon‚ high-margin steel wire. Products included "music wire" for instruments such as pianos and violins; copper‚ tin‚ and other coated wires; and high tensile-wire for the newly emerging aircraft industry. JSC even pioneered
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accounts payable increased very much. And we can may be assume that there are also gains from the company’s activities. Thus‚ accounts receivable slightly increased‚ in parallel with the company’s activities we can also assume that company sales increased. Company is not in trouble with receivables. ANSWER 3: Retained Earnings didn’t increase by the amount of net income for the month because‚ Diane Maynard got a dividend of 11.700 USD which she then used to repay her loan. Thus Retained
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Introduction: Apex Investment Partners was founded in 1987 by James A. Johnson and the First Analysis Corporation. In its eight-year life‚ the VC had raised three funds. The two first which are already closed had‚ together‚ a committed capital of around $70M. There were mainly concentrated in four areas: • • • • Telecommunication‚ information technology and software. Environmental and industrial productivity-related technologies. Consumer products and specialty retail. Health-care and related technologies
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and perseverance. In my three months of internship at THE APEX CHANDIGARH; I have learned a lot about operations‚ administration‚ marketing and the people working behind the scenes to make THE APEX CHANDIGARH Hotel a rapidly growing hotel. I would like to convey my heartiest gratitude to several people‚ for their support and guidance which helped me complete my summer internship. First and foremost I would like to thank THE APEX CHANDIGARH for giving me an opportunity to do my internship
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Optimization of Room Air Conditioning with Desiccant Wheel 1. Introduction Desiccant air conditioning technology is an emerging alternative air conditioning technology having many advantages over conventional VAC system. Desiccant cooling technology is free from CFCs‚ can be operated with low grade energy (heat energy) and capable of precise control of latent heat load of conditioned space. This eco friendly and energy saving method of air conditioning has drawn interest of many researchers over
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