costs Labor costs of assembly-line workers $110‚000 – Direct labor Sales commissions $35‚000 – Period costs Factory supplies used $13‚000 – Direct materials Salaries paid to sales clerks $50‚000 – Period costs (b) Explain the basic difference in accounting for product costs and period costs. Product costs are manufacturing costs‚ direct components‚ direct labor and manufacturing overhead‚ do not become expenditures until the company sells inventory. Period costs are non-manufacturing costs‚ including
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cost Broad Market Target Market Who: Determining the customers to serve 1.Wal- Mart ensures that it positions itself strategically in the market by offering products that meet the needs of all the population segments. 2.Wal- Mart’s target marketing has been based on the fact that different age groups’ demands are catered for sufficiently What: Determining which customer needs to satisfy •before 2006: always low price •after 2006: save money ‚live better How: Determining core competencies necessary
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Globalization has made Wal-Mart a multibillion dollar industry. In Japan sales average around $4.3 billion‚ in Mexico the annual sales is $20 billion‚ in Brazil sales are $8 billion dollars as Davis‚ 2008. Davis also points that in Canada Wal-Mart has established $11 billion business. Wal-Mart internationally has had its struggle for the reason that executives did not understand the culture differences among countries
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On 10/16/20116 I responded to Walmart‚ in reference to a retail theft. While conducting my investigation on theft case #2016-1547‚ I was notified by Walmart Loss Prevention Officer‚ Fabiano Estrela‚ that the male subject‚ who was with the suspect on 10/11/2016‚ was currently in the store. Estrela advised me that he positively identified the subject while he was at customer service. I immediately notified Sergeant Koch who arrived on scene within several minutes. The White male subject‚ later identified
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more difficult for employees to organize their lives‚ from scheduling babysitter to paying bills. I’m not surprised that they deeply resent being treated like machines. 2. What ethical principles apply to this case ? How do they apply ? In my opinion the principles that apply to this case are : • Principle of respect for persons It means that we have to take into consideration four dimensions of human life such as : biological‚ psychological‚ social and spiritual. To sum-up the persons
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initiatives from strategy and public relations. Discuss Wal-Mart’s strategic social challenges. Did the 2003 case study provide the evidence of what Wal-Mart is facing? There are a few recommendations which could make the company work better. Wal-Mart has been criticized for their opposition to allowing their employees to be unionized‚ and they need to better explain their position. Recently‚ they have been targeted for their low wages and lack of benefits offered to their associates. Develop a public
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unemployment. And the original issue arises from the increasing GST that Jill has to pay more tax to ATO‚ who is another stakeholder that directly pushes Jill to consider her new plan. When Jill put her plan into reality‚ the customer of her product will also be affected‚ as the products may vary from previous ones when the new plan taken place. Question 2 Ethical issues arising As the text stated‚ Jill has done a complete CVP analysis‚ and the result does not support her purchasing the
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2. Accounting functions This chapter will discuss the organization of Dell in general and provide insights about the Dell business. Will discuss the different stakeholders who are interested in Dell Company and what the key resources of Dell are. Will see the role of accounting within the organization and the accounting software‚ if any‚ they use. 2.1. About Dell Michael dell is the founder for Dell Company. Michael‚ with twenty seven years old‚ was the youngest CEO of a fortune 500company in
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Walmart violated the equal employment opportunity act 1963 and the Civil Act of 1964‚ which states that no employee should face discrimination based on gender‚ promotion‚ job classification‚ assignment‚ and compensation and working conditions‚ (Picot‚ 2001). The law further states that women and men must always receive equal pay for performing equal work. However‚ Walmart allegedly promoted fewer women to store management positions. Women also take longer to move up as compared to men with cases
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Human Resource OF WALMART OUTLINE Group 5 Team member:Ali Elawad‚ Xavier Vidal Miro‚ Bethsaida Peralta‚ Jesus Allison Ortega‚ Haobin Li Introduction: The strategy for managing people is one of the three important strategies that lead Wal-Mart to be the biggest company in the world with the highest amount of employee. Human resource is defined by economists as a scarce resource to all businesses. Many businesses and organization have different strategies in managing this
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