Compute a materials price variance for the plates purchased last month and a materials quantity variance for the plates used last month. Materials Price Variance measures the difference between what is paid for a given quantity of materials and what should have been paid according to the standard. (Actual Quantity x Actual Price) – (Actual Quantity x Standard Price) or AQ (AP-SP) Materials Price Variance = 12‚000 plates x ($2.50 - $2.35) = $1‚800 Materials Quantity Variance measures the difference
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Course Syllabus ------------------------------------------------- COUN 521 Individual Appraisal Course Description A survey of the appraisal methods in counseling‚ marriage and family therapy‚ and education is given. Basic psychometric properties of these are also examined along with issues related to the use and interpretation of tests. Emphasis is on the use of tests by counselors‚ marriage & family therapists‚ and educators. Rationale The purpose of this course is to help
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Identify an organization not previously selected and recommend methods to reduce costs. What effects do technologies have on costs? What are some lower-cost sources the organization can utilize to reduce costs? What considerations might cause a profit-maximizing firm to decide to forgo using lower-cost sources? A: A small candy factory can install within itself improved machinery that would make it possible for the company to make more items. A small candy factory would benefit from technology
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Comparing IFRS to GAAP Paper Michelle Mijares‚ Shunda Ellis‚ Theresa Mckenzie‚ Noe Salas ACC/290 May 4‚ 2015 Kevin Waters IFRS are international financial reporting standards that are accounting standards that are accepted in more than 110 countries around the world while. GAAP are generally accepted accounting principles which are standards that are practiced in the United States. GAAP is considered more of a rule based accounting practice while IFRS are based much on the accounting principles
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1. The most important point of this week’s reading is stating that the planners will have an organized plan for improvement in society. For example‚ the planners will work on making room for growth and industry after creating the towns and cities. One way to make that plan to happen is by starting to build places where the people would prefer to live‚ work‚ or shop; this would create a city. By the 19th century‚ the nation was filled with towns and cities from coast to coast. Once a town or a city
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McDonald’s has successfully created a brand/name for itself as the leading fast food retailer in the world. It is somewhat of impossibility for one to not come across a McDonald’s with over 30‚000 local restaurants in over 100 countries (McDonald’s‚ 2011). Those restaurants are owned either by a franchise owner or a corporation; a percentage of all the earnings from a franchise owner‚ including a percentage from their annual revenue go to McDonald’s. McDonald’s has successfully met the demands
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Week 2 Internal and External Factors MGT 230 August 1‚ 2011 Globalization Wal-Mart stores serve millions of customers globally each day – and they do their best to make certain that the products on their shelves are a sign of the diverse needs and wants of their customers. Wal-Mart states they are focused on four strategies and the top one is becoming truly global. (Wal-Mart Stores Factsheets). In 2010‚ Wal-Mart reduced the plastic bag waste across their global operations by 47
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Team A will analyze the individual and organizational values of Home Depot and evaluate the plans and actions currently in place. The purpose of this analysis is to provide a clear understanding of personal and professional values of the workplace. We will discuss the degree of alignment between the organizational values‚ plans‚ and actions. After we gather this information‚ we will provide an explanation of the differences between our values and that of Home Depot. Home Depot is more than just
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Riordan Manufacturing – Part 1 Learning Team B BSA/310 – Information Systems Fundamentals September 10‚ 2012 Mark Bentcover Riordan Manufacturing Executive Summary Abstract Riordan Manufacturing is a global plastics manufacturer with 550 employees. The corporate headquarters are based in San Jose‚ CA‚ and its plants are located in Georgia‚ Michigan‚ and China. The company is owned by Riordan Industries. Its projected earnings are $46 million‚ and it holds revenues in excess of $1
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To: L M. Butler From: J. Paul CC: T Last Date: [ 5/30/2010 ] Re: Request for Funding I would like to request funding to participate in the upcoming class‚ Business Communications‚ held at Tulane University‚ uptown campus. As a driven-minded employee of the United States Postal Service‚ I have been working on a research paper‚ which discusses the impact of a 5-day work week from a letter carriers perspective. This research paper will provide another source of information to the United States
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