apply for sales to regular customers: Direct materials $455 Direct labor 300 Variable manufacturing support 45 Fixed manufacturing support 100 Total manufacturing costs 900 Markup (60%) 540 Targeted selling price $1440 Grant’s Kitchens has excess capacity. Ms. Wang wants the cabinets in cherry rather than oak‚ so direct material costs will increase by $30 per unit. 72. For Grant’s Kitchens‚ what is the minimum acceptable price of this one-time-only special order? a. $830
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culture a constraint or freedom? Name: Rodrigo‚ Lianne Lu Course & Year: BS-IE 1 Schedule: MWF 12:30 – 1:30 pm According to Webster’s New World Encyclopedia‚ culture is the way of life of a particular society or group of people‚ including patterns of thought‚ beliefs‚ behavior‚ customs‚ traditions‚ rituals‚ dress‚ and language‚ as well as art‚ music‚ and literature. Going back to the question‚ is culture a constraint or freedom? Well‚ for me‚ it’s both. It’s a constraint and at the
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up with the objective of establishing and maintaining the status of number one retail company in the city by providing fairly priced goods and services‚ affordable to our customers and to a majority of the public. We were looking to set up a convenient shopping space for our customers by allowing them to easily find their day-to-day necessities without endless browsing. Two years after the opening‚ it became obvious to management that the business was facing serious challenges. What bottleneck
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Running head: MODIFIED WORK SCHEDULE Modified Work Schedule Nadia Green Baker College Center for Graduate Studies BUS 615 Abstract When employees are satisfied the organization benefits in many ways in that satisfied employees are more committed to the organization. They are likely to have less absenteeism‚ fewer grievances or engage in negative behavior. Thus by ensuring that employees are satisfied‚ management stands to gain a more efficient and smooth running organization
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Cost management | Wilkerson Company Case | | 1. What is the competitive situation faced by Wilkerson? The competitive situation faced by Wilkerson is quite severe. Price cutting in its main product has led to a huge drop in profit. While price increase in another product line partially made up the loss. We will discuss the detailed situation line by line. (1) Valves It was the first product line developed by Wilkerson and its high quality brought it a loyal customer base. Even
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Group Assignment (Groups of five) a) Come up with a research topic b) From the topic indicate the following 1) The dependent variable 2) The independent variable 3) The extraneous variable 4) The Moderating variable 5) The Intervening Variable Research Topic Impact of a tattoo on a helping request‚ Strohmetz‚ D. B.‚ & Moore‚ M. P. (2003‚ March) A psychologist wondered how people would respond to people with tattoos‚ so he studied
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Content 1. Statement of Problem 2. Problem and Contribution 3. Scope 4. Limitation 5. Methodologies 6. Allocation of Task 7. Time Schedule 8. Content 9. Bibliography 1. Statement of the Problem : Nowadays‚ almost everyone had heard Yakult. In our view‚ Yakult is an extremely famous beverages company. However‚ how can we imagine this small beverage can be an international product at the start? We believed that one of the successful reasons is their marketing strategies‚ say‚ Yakult
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There are many definitions as to what should and should not be defined as political. In addition‚ one topic might fit one definition of political but not fit different definition of political which makes concluding whether something is political or not difficult and often times‚ confusing. For example‚ there was a discrepancy involving ‘Kingston Pride’ this past June concerning whether or not LGBT pride should be considered political or not. One definition of what is political would be “Emphasis
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Introduction The use of management objectives was first widely advocated in the 1950s by the noted management theorist Peter Drucker. MBO (management by objectives) methods of performance appraisal are results-oriented seeks to measure employee performance be examining the extent to which predetermined work objectives have been met. Usually the objectives are established jointly by the supervisor and subordinate. An example of an objective for a sales manager might be: Increase the gross monthly
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What are the Proper Objectives of Competition Policy? Competition policy promotes market competition by regulating anti-competitive behaviour undertaken by firms. The fundamental reason for competition policy is to allow the smooth functioning of the free market and the price mechanism‚ thus maximising economic welfare. As we have seen illustrated by the first theorem of welfare economics‚ competitive equilibrium in markets leads to Pareto efficient outcomes‚ at which the sum of producer surplus
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