Bowling Ball Company (BBBC) uses a job-order costing system to accumulate manufacturing costs. The company’s work-in-process on December 31‚ 20x3‚ consisted of one job (no. 3088)‚ which was carried on the year-end balance sheet at $78‚400. There was no finished-goods inventory on this date. BBBC applies manufacturing overhead to production on the basis of direct-labor cost. Budgeted totals for 20x4 for direct labor and manufacturing overhead are $2‚100‚000 and $2‚730‚000‚ respectively. Actual results
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Case Study Analysis Hilton Manufacturing Company 9-192-063 Table of Content 1.1 Executive Summary…………………………………………………………………3 1.2 Problem Statement……………………………………………………………………3 1.3 Data Analysis………………………………………………………………………….4 1.4 Questions……………………………………………………………………………….5 1.4.1 If the company had dropped product 103 as of January 1‚ 2004‚ what effect would that action have had on the $158‚000 profit for the first six months of 2004? ( See exhibit 2)………………………………………………5 1.4.2 In January 2005 should
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order to create a legal relation. Basically there is a need for a contract to be supported by consideration. In other words‚ in English law of contracts it is required that the parties bring something valuable in exchange for the promise that they have made in that agreement. Therefore a legal consideration converts a social agreement into a legal agreement. According to Lord Pollock’s definition‚ consideration is “An act or forbearance of one party‚ or the promise thereof‚ is the price for which the
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journalistic world‚ there are ethical considerations that journalists must reflect on in their routine journalism duties. A disregard of these may consequently lead to implications that have a major impact on a journalist’s career. However it is understandable why many journalists choose to disregard the ethical considerations they may be faced with. Both institutional and commercial pressures can play a role in a journalist’s disregard for ethical considerations in their job. Although journalists
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Ethics Considerations in Financial Management This analysis is to explain how ethics plays a role in financial decision-making. This analysis will explain how ethical considerations are involved in decision-making as pertains the article found on the Internet; will name the objectives of the organization‚ and describe how these objectives could influence the financial reporting decisions. Ethics and the Financial Decision-Making Process Ethics plays a large role in financial decision-making
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A police officer regardless of the crime that is being investigated or whoever we are dealing with has ethical considerations‚ that I believe are realistic and should be followed. A police officer must obey the law‚ act in a professional manner at all times and never use the authority we have to intimidate or demean others. (Hall‚ 2015). Regardless of the crime or person you are dealing with‚ everyone is expected to be treated fairly. A defendant has the same rights as a police officer. We are
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UNIVERSITI MALAYSIA PAHANG BMM3643 (Sem II 2012/13) Assignment #4 1. a) What distinguishes machining from other manufacturing processes? b) What is a machining center? c) How important is the control of cutting-fluid temperature in operations performed in machining centers? Explain. (8 marks) 2. a) What are the primary considerations in tool selection? b) What is the advantage of a helical-tooth cutter over a straighttooth cutter for slab milling? c)
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times fall‚ quality improves and costs shrink. The methodology that an increasing number of companies are using to accomplish such a business strategy is the implementation of the Toyota Production System (TPS)‚ also called lean manufacturing. Lean Manufacturing is best defined as a management philosophy that focuses on reducing waste in all business processes. Although it originates from a time when the Toyota of today was a manufacturer of power looms‚ in its modern form‚ lean was pioneered
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Chapter 4 Homework 4-18 Job costing‚ normal and actual costing. Amesbury Construction assembles residential houses. It uses a job-costing system with two direct-cost categories (direct materials and direct labor) and one indirect-cost pool (assembly support). Direct labor-hours is the allocation base for assembly support costs. In December 2010‚ Amesbury budgets 2011 assembly-support costs to be $8‚300‚000 and 2011 direct labor-hours to be 166‚000. At the end of 2011‚ Amesbury is comparing the
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Toyota Motor Manufacturing‚ USA‚ Inc Case Analysis * Main and sub ideas of the case. The main topic of the case was the problems caused by defective or damaged seats. TMM USA’s seat problem was threefold. The first was the actual defects with the hooks and the damaged caused by cross threading by employees when installing the seats. This problem led to the second problem‚ which was the departure from the Toyota Production System (TPS) when dealing with the seat problem. Rather than fix the problem
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