Plant overhead $122‚000 D/L rate/hour $30 Youngstown has a traditional cost system. It calculates a plant-wide overhead rate by dividing total overhead costs by total direct labor hours. Assume‚ for the calculations below‚ that plant overhead is a committed (fixed) cost during the year‚ but that direct labor is a variable cost. 1. Calculate the plant-wide overhead rate. Use this rate to assign overhead costs to products and calculate the profitability of the four products. The assignment
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Ronald Coase noted‚“The cost of doing anything consists of the receipts that could have been obtained if that particular decision had not been taken.” For example‚ the opportunity set for this Friday night includes the movies‚ a concert‚ staying home and studying‚ staying home and watching television‚ inviting friends over‚ and so forth. The opportunity cost of taking job A included the forgone salary of $102‚000 plus the $5‚000 of intangibles from job B. Opportunity cost is the sacrifice of
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Riordan Manufacturing FIN 370 February 2013 University of Phoenix Riordan Manufacturing Riordan Manufacturing is a global manufacturer with projected annual earnings of $46 million. The parent company Riordan Industries Incorporated is a Fortune 1000 enterprise. The company specializes in manufacturing plastic beverage containers‚ custom plastic parts‚ and plastic fan parts. Manufacturers from the automotive‚ aircraft‚ appliance‚ as well beverage makers and bottlers are major customers. The
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Training & Development System in Banglalink Term Paper ON Training & Development Group Number: 02 Submitted to: Mohammad Sajjad Hossain Lecturer‚ Department of Business Administration East West University Submitted by: Sl | Name | ID. | E-Mail & contact Number | 1 | Saiful Islam (c) | 2009-3-10-046 | munnasaiful@gmail.com 01681-407472 | 2 | Shaheda Sultana (V.C) | 2010-3-13-060 | pinkeyrinkey@yahoo
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INTERNATIONAL B-SCHOOL SUBJECT: FINANCIAL & COST ACCOUNTING Total Marks: 80 N.B.: 1)Allquestionsarecompulsory 2) All questions carry equal marks. Q1) ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In addition‚ ABC Ltd will have to incur costs of Rs 1.50 per unit for freight and Rs 10‚000
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during the past years. While more and more organizations embark on the BPR trend it can be concluded‚ that the theoretical bedrock for BPR falls rather short of the concepts ambition of being a solution for a multiplicity of problems that many companies suffer from. This thesis is intended to provide a theoretical framework for BPR by linking the concept to existing theories within marketing‚ organization theory and informatics. It is estimated that between 50% and 70% of reengineering efforts
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Purpose This critique will be utilized as a roadmap to address the benefits and disadvantages of using UNIX within Riordan Manufacturing organization. Scope Team B is to: a) study Riordan’s current telephone and data networks‚ b) develop recommendations that‚ if followed‚ will improve the efficiency of Riordan’s systems‚ c) recover/reuse operational budgets to minimize conversion expenses‚ and d) complete the project within budget‚ schedule constraints‚ and communicate all the tasks involved in
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Research and Management Science in Manufacturing Companies Clothes‚ food‚ gadgets‚ supplies; common things for common people. From the moment individuals open their eyes up to the time their unconscious walks in‚ it is usually the things being encountered. It seems like most‚ if not all of the population are dependent to these entities. But do people have any idea on how these things are being produced and came to existence? Anyways‚ this is how the manufacturing sector steps in; the transformation
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Additive manufacturing or 3D printing[1] is a process of making a three-dimensional solid object of virtually any shape from a digital model. 3D printing is achieved using an additive process‚ where successive layers of material are laid down in different shapes.[2] 3D printing is also considered distinct from traditional machining techniques‚ which mostly rely on the removal of material by methods such as cutting or drilling (subtractive processes). London and Paris fashion weeks are months away
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ORGANIZATION TECHNICAL REPORT No 26 - Part 1 Mineral Fertilizer Production and the Environment Part 1. The Fertilizer Industry ’s Manufacturing Processes and Environmental Issues In collaboration with the INTERNATIONAL FERTILIZER INDUSTRY ASSOCIATION MINERAL FERTILIZER PRODUCTION AND THE ENVIRONMENT Part 1. The Fertilizer Industry ’s Manufacturing Processes and Environmental Issues INTERNATIONAL FERTILIZER INDUSTRY ASSOCIATION 28‚ RUE MARBEUF 75008 PARIS - FRANCE TEL: +33
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