following data have been recorded for recently completed Job 501 on its job cost sheet. Direct materials cost was $3‚067. A total of 30 direct labor-hours and 104 machine-hours were worked on the job. The direct labor wage rate is $12 per labor-hour. The company applies manufacturing overhead on the basis of machinehours. The predetermined overhead rate is $11 per machine-hour. The total cost for the job on its job cost sheet would be: A. $4‚571 B. $3‚757 C. $3‚090 D. $3‚427 Applied manufacturing
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Cost Management or Cost Control In broad sense‚ both the terms have the same meaning. Yet cost management seems to connote broader perspective. Cost control to an un-initiated may mean cutting down the incurrence of cost or expenditure every time or in every situation. In reality it is not always so. In many specific situations‚ many times‚ one has to spend or incur cost in order to gain or make more money. It is in fact like an investment. Cost management sounds better then. Profits Making
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MANAGING SERVICE QUALITY (Application in Carrefour Retail Store) Individual Assignment of Operation Management by : Yessy Saputra MMR 39 – 151091013 PRASETIYA MULYA BUSINESS SCHOOL MAGISTER MANAGEMENT REGULAR PROGRAM JAKARTA 2010 Dalam industri jasa‚ salah satu faktor penting yang perlu diperhatikan oleh perusahaan adalah kualitas jasa. Karena jasa merupakan sesuatu yang tidak berwujud‚ maka evaluasi akan jasa menjadi suatu hal yang sulit dilakukan. Namun‚ kita tidak boleh mengabaikan hal ini
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Individual Assignment Total Quality Management (TQM) in Organizations Case Study: IBM Submitted by Meric Oztekin DEFINITION OF TOTAL QUALITY MANAGEMENT Firstly‚ I would like to give few definitions of total quality management (TQM) in order to get a better understanding in this topic. Different authors have given various definitions of TQM. As defined by ISO‚ TQM is a management approach of an organization‚ centered on quality‚ based on the participation of all its members and aiming at long-term
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Contents 1. Introduction 1 1.1. Quality and Total Quality Management 1 2. Company Background 2 2.1. JEEVES PLC 2 2.2. Company product 4 2.3. Production Process 4 2.4. Factory Layout 6 3. Problems and Root Cause Definition 7 3.1. Problems in the Production Process 7 3.1.1. Precision Jointing 7 3.1.2. Adhesive Applicators & Component Sub-assembly 10 3.2. Employee Problems 12 3.3. Complains and Warranty Claims 13 3.4. Quality Cost & Productivity Effort 15
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Character Texas Alliance Volleyball‚ LLC 2011-2012 Club Contract Texas Alliance Volleyball‚ LLC (“Texas Alliance Volleyball Club” or the “Club”) is very pleased to extend an invitation to participate in our Club for the 2011-2012 club season! In consideration of the Player whose name is set forth below being allowed to participate in activities with the Texas Alliance Volleyball Club (the “Activities”)‚ the undersigned hereby enter into this contract (the “Contract”). Attendance Policies 1) Texas Alliance
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most underrated musical instrument. It was introduced to the orchestra during the classical period1. Since then it has been a very integral part of modern music such as jazz and can produce tones rapidly and has a wide range of dynamics and tone color2. The clarinet does not have direct ancestry to any other instrument. Though the chalumeau; the earliest European single reed instrument is the closest one3. Clarinet’s roots can be traced back to ancient Egypt‚ but the instrument maker Johan Christian
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31st October 2011 The Corset: Instrument of Oppression or Power "I must tell you something of significance. Fashion is always of the time in which you live. It is not something standing alone. The problem of fashion in 1925 was different. Women were just beginning to go to work in offices. I inspired the cutting of the hair short because it goes with the modern woman. To the woman going to work‚ I said to take off the bone corset‚ because women cannot work while they are imprisoned in a corset
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Appendix A which has been proposed for the lower secondary. These OLOs are in line with the 8 specific goals of the National Curriculum (MoE & HR‚ 2006‚ p.4‚ para. 1.3) as outlined in the policy document “Empowering the Nation’s Children – Towards a Quality Curriculum” thereby aiming at developing the common threads among the different learning areas. To begin with‚ it is said in the OLO that in secondary schools‚ students need to “develop and use language through a diversity of disciplines” (MoE
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CASE STUDIES IN FINACE CASE STUDY 3: ESTIMATING THE COST OF CAPITAL QUESTION 1: a)b)c) The Capital Assets Price Model (CAPM) is used to describe the relationship between risk and expected return and is often used to estimate a cost of equity (Investopedia‚ 2009). The cost of equity(COE) of the discount rate is: R = Rf + β*(E - Rf) (1) Rf = Risk free rate of return‚ usually U.S. treasury bonds β = Beta for a company E = Expected return of the market
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