1) Profit Compensation Insurance Direct Labor Power Materials Supplies Repairs 158 Product 103 Total Standard 88 1341 59 946 68 20 Other Income Actual Sales 67.05 10 Remove? - Yes OK to remove 5202 Effect on 2004 Margin if Product 103 dropped -2532 A drastic net loss -2543 2) They should lower the price due to the increase in Contribution Margin shown below: Year 2005 Price Unit Sales Total Sales Compensation Insurance Direct Labor Power Materials Supplies Repairs Total Variable Costs Contribution
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Answer#1 First Six-Months Price Variance Efficiency Variance Sales-Volumn Variance AQ*AP AQ*SP SQ*SP Static Q*SP Raw Materials 590000*3.867=2281000 79000F 590000*4=2360000 104000U 188000*3*4=2256000 144000F 200000*3*4=2400000 Direct Labor 400000*11=4400000 $- 400000*11=4400000 264000U 188000*2*11=4136000 264000F 200000*2*11=4400000 Spending Variance Efficiency Variance Never a Variance Actual Input
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Pre-Feasibility Study LEATHER GARMENTS MANUFACTURING UNIT Small and Medium Enterprises Development Authority Government of Pakistan www.smeda.org.pk HEAD OFFICE 6th Floor LDA Plaza Egerton Road‚ Lahore Tel (042)111 111 456‚ Fax: (042) 36304926-7 helpdesk@smeda.org.pk REGIONAL OFFICE REGIONAL OFFICE REGIONAL OFFICE PUNJAB SINDH KHYBER PAKTUNKHWA BALOCHISTAN 8th Floor LDA Plaza‚ Egerton Road‚ Lahore. Tel: (042) 111 111 456‚ Fax: (042) 36370474 helpdesk.punjab@smeda.org.pk 5TH Floor‚ Bahria
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Riordan Manufacturing This paper takes a good look at the situation‚ opportunities and challenging issues that are facing Riordan Manufacturing Company. Through analyzing the situations‚ opportunities‚ and challenges the true problem with Riordan ’s human capital is realized. The end-state goals will direct Riordan Manufacturing to improve human resource practices‚ which will give Riordan a sustained competitive advantage (Dreher & Dougherty‚ 2001). Situation Background Riordan Manufacturing is a
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Part 1 Riordan Manufacturing has put in a service request SR-rm-022 for the HR system to be analyzed. Hugh McCauley‚ who is Riordan Manufacturing’s COO (Chief Operating Officer)‚ submitted the service request for all plant locations to integrate existing variety of HR tools into a single integrated application. Riordan wants to take advantage of a more sophisticated‚ state-of-the art‚ information systems technology in our Human Resources department. The expected results of this service request
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Riordan Manufacturing Executive Report Warren Buffet once said‚ “Price is what you pay. Value is what you get.” With a company that has over five hundred employees‚ four locations worldwide‚ and $50 million in annual sales‚ placing the value on the organization is simple; look at the bottom line and see the profit. This is the situation at Riordan Manufacturing where the price it paid to do business was less than what it made‚ defining a clear value in what Riordan provides. Riordan’s
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OB Assignment : When salaries are or aren’t secret: A Comparative analysis in regard to the Behaviour level of the employees Case 1: Where Salaries Are Secret Company under consideration: Kent Builders and Developers No. of employees under consideration: 10 Company details: Kent Builders and Developers is a residential housing developer based in Pune‚ India. With multiple projects under construction‚ this multi crore company is one with vast experience in construction and currently employs about
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Difference is salaries between Male and Female The paper will analyze the differences between women and men salaries. The salaries are definitely higher for men than women in all age groups. Women with higher education will receive higher pay but not equal to men with the same years of experience due to gender‚ and education. The data statements that were found was that males work longer than females which may cause a lower percentage in salary for females‚ and that females do not negotiate
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Bicycle Background Bicycles are one of the world’s most popular modes of transportation‚ with some 800 million bicycles outnumbering cars by two to one. Bicycles are also the most energy-efficient vehicle—a cyclist burns about 35 calories per mile (22 calories per km)‚ while an automobile burns 1‚860 calories per mile (1‚156 calories per km). Bicycles are used not only for transportation‚ but for fitness‚ competition‚ and touring as well. They come in myriad shapes and styles‚ including racing
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Draper Manufacturing Case Study Draper Manufacturing is a mattress manufacturer located in Portal‚ Oregon. The company was recently taken over by Ralph Draper‚ CEO who replaced his ailing father. The company is facing troubles with the multicultural workforce and other issues with raw materials. Issues in the management are trickling down through the levels of the organization. Ralph has hired a diversity consultant‚ Ted Hanraha to assist with the tensions that are flaring and the diversity
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