have afterwards. (134 words) Problem # 1: Fatigue management by truck drivers in real life situations There have been plenty of times I have come across trucking accidents on the news‚ in the newspaper‚ or flash across my cell phone. These accidents are nine times out of ten caused by fatigued truck drivers. Truck driver fatigue is a major safety issue for truck drivers and the public in general. Although training prepares drivers to effectively operate a truck‚ it tends to minimize the importance
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activity-based costing system to have a comparison with their current system. He compiled the basic data needed to implement an activity-based costing system. These data are displayed in the following table. The percentages are the proportion of each activity driver consumed by each product line. 1.3 THE COMPARISON BETWEEN TRADITIONAL COSTING SYSTEM AND
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Identify the activities that consume resources and assign costs to them. (2) Identify the cost driver(s) associated with each activity. A cost driver is any factor that causes‚ or “drives‚” an activity’s costs. (3) Compute a cost rate per cost driver unit or transaction. Each activity could have multiple cost drivers. (4) Assign costs to products by multiplying the cost driver rate by the volume of cost driver units consumed by the product. 9-7 The companies benefiting the most from ABC would
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Dakota’s Current Pricing System Purchased product costs are marked up by 15% to cover the cost of warehousing‚ distribution‚ and freight. An additional markup is added to cover the approximate cost for general and selling expenses‚ plus an allowance for profit. The markups were determined at the start of each year‚ based on actual expenses in prior years and general industry and competitive trends. Actual prices to customers were adjusted based on long-term relationships and competitive situations
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provided service to the customers. The cons for the ABC were the matrix design of figuring out specific cost drivers‚ it also was an expensive system to implement. The pros to ABC seemed to outweigh the cons. ABC allowed Super Bakery to track profitability of each individual customer and track the performance of the outsourced contractors. Management was able to identify that the key cost driver was not the dollar amount of each order but the
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into a unit-based type and activity-based type. a. True b. False ANSWER: True 3. Predetermined overhead rates are calculated at the end of each year using the formula: overhead rate = budgeted annual driver level/budgeted annual driver level. a. True b. False ANSWER: False 4. Unit-level drivers are factors that measure the demands placed on unit-level activities by products. a. True b. False ANSWER: True 5. If applied overhead is greater than actual overhead it is called overapplied overhead
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“9-1-1‚ what is your emergency?” “I just witnessed a horrible car accident. My best friend’s car was just hit by a semi. I think the driver is dead and the passenger is severely injured.” “Ok ma’am. I need you to calm down and tell me precisely where you are.” “I’m down by Lincoln Park.” “Ok. How bad is it?” “I already explained that to you‚ my best friend might be dead and my other friend severely injured. Just get here as soon as possible. Please.” I begged. “We’ll be there as soon as can. Just
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) Foundations. [online] Available at: http://environment.uwe.ac.uk/geocal/foundations/Fountype.htm#RAFT [Accessed: 16 Feb 2013] * mait india (2010) MAIT PILING RIGS - INDIA: TYPICAL PILE FOUNDATION * Li-jack.com (1980) LiJack Construction Machinery - Pile Driver. [online] Available at: http://li-jack.com/pile_driver [Accessed: 16 Feb 2013]. * northumbria university (2007) Pile foundations. [online] Available at: http://nuweb2.northumbria.ac.uk/bedemo/Domestic_Foundation/page_13.htm [Accessed: 16 Feb 2013]
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Persuasive Speech English 101 3/15/05 Topic: Certification Programs General Purpose: To explain the benefits of certification programs; which I hope will persuade individuals to enroll in a certification program of their choice. Thesis: This speech will cover the many educational alternatives of certification programs in higher education‚ as well as their advantages. This will include a detailed description of certification courses in Computer‚ Nursing‚ and Trucking. Introduction
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1. If Wilkerson were to cut prices‚ based on contribution margin‚ to just cover short-term variable costs‚ what consequences could it experience? (5 marks) Several break-even-point assumptions are made in calculation: 1) Total fixed costs do not change with volume‚ and will exist regardless if the products are sold or not. 2) Sales mix will be constant. The contribution-margin percentage is 66.1%‚ which means 66.1 percent of each sales dollar is available for covering fixed costs and making
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