Briefly describe what is meant by enterprise risk management. 3. Describe what is meant by a “pull” production system. 4. Describe the schedule of cost goods manufactured. How does it tie into the income statement? 5. Why are product costs sometimes called inventoriable costs? Describe the flow of such costs in a manufacturing company from the point of incurrence until they finally become expenses on the income statement. 6. Is it possible for costs such as salaries or depreciation to end up assets on the
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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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a manufacturing plant is generally considered to be a: A. product cost. B. period cost. C. variable cost. D. all of these. 8. Transportation costs incurred by a manufacturing company to ship its product to its customers would be classified as which of the following? A. Product cost B. Manufacturing overhead C. Period cost D. Administrative cost 9. Micro Computer Company has set up a toll-free telephone line for customer inquiries regarding computer hardware produced by the company
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Emergency Management When an emergency happens‚ it is best to be prepared and understand where to go and how to arrive there. Most people will go to his or her local hospital to seek assistance‚ whereas some may be brought to the facility by an emergency vehicle. In any case emergency management needs to know what he or she needs to do to protect their community and themselves. Emergency management (EM) entails An emergency is the unplanned events that cause harm and death and can happen within
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What makes a good nurse? People choose nursing as a career are mostly because of family influence‚ work opportunities and the need to care and help others (Jirwe & Rudman 2012; McLaughlin et al. 2010; Mooney et al. 2008). Bearing in mind that nursing is influenced by the demand of society and social reforms‚ providing the definition of nursing is vital in order for nurses‚ other professionals and service users to know and understand the generic role of a nurse (Hall & Ritchie 2011). The World Health
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SECR 5060 – EMERGENCY PLANNING QUESTIONS Question 1 Discuss the following elements found in the plan: A Mission‚ goals and/or objectives and discuss which of them was the most important and why. Since Florida is at risk for emergencies or disasters on a daily basis‚ Florida’s Division of Emergency Management (DEM) 2008-2013 commenced a Strategic Plan. Within these plans‚ they set up goal and objectives to ensure that they meet the needs of the state‚ before‚ during‚ and after disasters. It
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What are Segmentation Variables? To understand what segmentation variables in marketing are‚ it helps to first know what market segmentation is. Market segmentation is the analysis of population demographics so they can be categorized in specific ways. These specific ways of categorization in market segmentation are why segmentation variables are needed and used. Four (4) groups of Segmentation Variables – 1. Geographic segmentation is based on variables such as: • Region: this kind of
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Dora McKinney Hsm/260 Week 4 Instructor: Greg O’Donnell Fixed Costs‚ Variable Costs‚ and Break-Even Point Exercise 10.1 Month Meals Served Total Costs July 3‚500 $20‚500 Low August 4‚000 22‚600 September 4‚200 23‚350 October 4‚600 24‚500 November 4‚700 25‚000 December 4‚900 26‚000 High In dealing
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retailer has to pay $9 per hour to hire 13 workers. If the retailer only needs to hire twelve workers‚ a wage rate of $7 per hour is sufficient. What is the marginal cost of the 13th worker? a. $117. b. $9. c. $33. d. $84. 3. A computer manufacturer can produce 5 computers for $5‚000 and 10 computers for $7‚500. Based on this information‚ what is the marginal cost per computer of the 6th through 10th computers? a. $500 b. $750 c. $1‚000 d. $2‚500 4. To maximize profits‚ you should produce
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Emergency Action Plan- leave the bolded part‚ the italicized part is instructions‚ the regular type is required info‚ so leave it. For your facility choose the last place that you participated as an athlete in the sport that you chose for your portfolio. DELETE these instructions before submitting. 1. Emergency personnel- Fill in the blank with WHO will do that task or fill it out with the appropriate information‚ then DELETE these instructions. Roles within the Emergency Team 1. Establish
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