Budgeted Production Cost and Variance Analysis. At the beginning of 2011‚ Jejemon Corporation adopted the following standards: Direct Materials (3 lbs. @ P2.50 / lb) P 7.50 Direct Labor (5 hours @ P7.50 / hr) 37.50 Factory Overhead: Variable (P3.00 per direct labor hour) 15.00 Fixed (P4.00 per direct labor hour) 20.00 Standard Cost per unit P 80.00 Normal volume per month is 40‚000 standard labor hours. Jejemon’s january budget was based on normal volume. During January
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SECURITY ANALYSIS AND POR TFOLIO MANAGEMENT LESSON 6: MEASUREMENT & EVALUATION OF RISK How does we Measure Risk? Understanding the nature of the risk is not adequate unless the investor or analyst is capable of expressing it in some quantitative terms. Expressing the risk of a stock in quantitative terms makes it comparable with other stocks. Measurement cannot be assures of percent accuracy because risk is caused by numerous factors as discussed above. Measurement provides an approximate
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that related to the use of techniques about the portfolio theory and it’s relation to risk and return will be discussed in terms of solving the complexity of the portfolio problems faced by investor and how to make a decision based on the investment analysis. By choosing 5 random company’s stocks for one month period under the FTSE100 that taken from yahoo finance‚ hence expected to answer about the uncertainty regarding investment in portfolio. The companies are Melrose Industry Plc‚ BP Plc‚ Vodafone
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Determine the revenue variance from Arcadia Hospital’s 2005 budget. Is the variance positive or negative? Upon reviewing the Arcadia Hospital Income Statement for the year of 2005‚ I would say that the variance is negative because the actual budget for 2005 $568 million minus the budget of $596 million equals a negative amount of $28 million under budget‚ which means less revenue. In other word‚ revenues were $28 million below budget‚ therefore the variance is negative. Which is desirable
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DANSHUI PLANT NO.2 Background: Danshui was a contract manufacturer assembling electronic products in southern China. There were many manufacturers like Danshui in China assembling parts for the companies wishing to save labor costs. Apple contracted with Danshui to assemble 2.4 million iPhones in Plant No.2 with the expected high demand of this product in 2010. As a profit center‚ Plant No.2 was credited for each iPhone produced and shipped. The process of assembling was complex and required almost
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Answer: Analysis of the template is most suitable for Kinkead. The reason is based on the case‚ electricity meters (EM)‚ power tools (EI) products for customers to perform the same basic function. So their alternatives‚ so it needs to calculate a sales combined variances template‚ template B did not provide this data. Part B Answer: According to the relationship between the BCG matrix‚ analysis of market share and market growth. First‚ for the EM 499 286 According to Table‚ the variance of the
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1) Determine the direct costs and overhead variances. What might be causing each of the variances to occur? In the Frame assembly department‚ the main variances are related to the forecast not precise of actual weight of the materials and underestimation of actual prices. See below: [pic] In the wheel assembly department the main variance is in quantity as shown below: [pic] And also related to rework of parts with
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Historical Costs and Standard Costs. Historical costs are available‚ after they are incurred. Such cost figures may have some value‚ once they are analysed. By analysis‚ the inefficiencies and deficiencies in production may be detected. However‚ the damage would have occurred‚ by the time the analysis under Historical costs is made. Analysis can be done only after the completion of the period and so the exercise would not be effective to correct the past course of action‚ though it would be of value
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Method Analysis Paper Option 6 The first five student learning outcomes listed on the syllabus focus on evaluating‚ understanding‚ and analyzing components of research‚ ranging from research ethics to research measurement. The methods analysis papers each serve to assist students in these five learning objectives. There are six method analysis papers in this class. You are only required to complete three of the method analysis papers. Should you choose to complete more than three of the six
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ANACOR The ANACOR algorithm consists of three major parts: 1. 2. 3. A singular value decomposition (SVD) Centering and rescaling of the data and various rescalings of the results Variance estimation by the delta method. Other names for SVD are “Eckart-Young decomposition” after Eckart and Young (1936)‚ who introduced the technique in psychometrics‚ and “basic structure” (Horst‚ 1963). The rescalings and centering‚ including their rationale‚ are well explained in Benzécri (1969)‚ Nishisato (1980)
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