find the appropriate method of overhead cost allocation. In Sippican’s case the traditional accounting method is used‚ which does not reflect the real resource usage of the different product lines. The correct method in this case would be to apply the time-driven ABC approach for cost allocation. Such method apart from showing the actual profitability after all cost deductions also depicts the differences in resource usage rates between the products and‚ thus‚ allows for identification of cost drivers
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MW Petroleum Corporation (A) 1. Structure and execute a DCF valuation of all the MW reserves using APV. How much are the reserves worth? Is your estimate more likely to be biased high or low? What are the sources of bias? Answer: The DCF valuation of all the MW reserves using APV indicates that the net worth of the portfolio is around $516.30 million. The estimate is more likely to be biased on the higher side. REVENUES: The data for the projections was collected by Morgan
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"The crops which are grown in Pakistan in abundance & earn foreign exchange for the country are called cash crops" Introduction: Pakistan is an agricultural country & seventy percent of her population lives on agriculture.These crops not only fulfill the local needs of food but also a great part of them is exported abroad to earn foreign exchange. Types Of Crops: There are basically two types of crops Food Crops & non-food crops The most important crops of Pakistan are‚ cotton
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Exploring the Bible 3 October‚ 2011 Inter-Biblical Period: 400 Years The Old Testament focuses on God’s covenant with his people and the stories of men of great faith and also men of prophecy‚ foretelling Christ coming. The New Testament‚ however‚ focuses on the redemption side. The Redemption side is Christ’s story here on Earth and his ministry to other people. Malachi‚ the last book written in the Old Testament‚ was written around 424 B.C. Then 418 years after‚ the book of Matthew‚ the first
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Whirlpool Corporation’s Global Strategy We want to be able to take the best capabilities we have and leverage them in all our companies worldwide. David Whitman‚ Whirlpool CEO‚ 1994 Quoted in the Harvard Business Review In 1989‚ Whirlpool Corporation (Whirlpool) embarked on an ambitious global expansion with the objective of becoming the world market leader in home appliances. Beginning with the purchase of a majority stake in an appliance company owned by Philips‚ the Dutch electronics firm
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proactive act from the head of the manufacturer. This resulted WC market share drop down to 12%‚ as seen in exhibit 3. The circumstance has forced Whistler Corporation to consider an alternate approach of different product development from their market research by leveraging their resources. However‚ RACE –ME program‚ a model developed from a short empirical data rose some questions from the executive levels especially the severity of shutting down a manufacturing plant. Based on the evidence‚ Charles
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Sensitive Periods Define the term sensitive periods Sensitive periods are a period in a child’s life where they are obsessed with certain aspects of learning without any particular reason. This period is an optimum time for development and children can really develop specific abilities and skills. When children are in their sensitive periods and working with any activity‚ they will not show any signs of fatigue and will repeat the activity a number of times. These periods last for a certain
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Conditional cash transfers (CCTs) refers to a form of funding by the government or other humanitarian agencies whereby the fund donated must be used to finance a predetermined undertaking (Fiszbein et al‚ 2009‚ pp. 31). In Conditional cash transfers‚ money has to be spent for the intended purpose and only those who have been approved to meet the predetermined requirements receive such cash. This means that the recipient of the cash has to be vetted thoroughly and their actions determined before getting
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The lives of 18th century women were not very well documented. In fact most historians would have laughed when asked for good historical material on those women. However‚ the Diary of Martha Maud Ballard gives us a detailed view of the time period in which those women lived‚ and how they played a part in it. Laurel Ulrich‚ a historian who painstakingly transcribed the diary‚ interpreted the lives of the people living around Martha Ballard‚ and Martha Ballard herself. Post-Revolutionary era frontier
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MULTINATIONAL CORPORATION • Multinational entities have played a role in international trade for several centuries. • Multinational operations can be traced back several centuries to the British and Dutch trading companies. • After the above declined‚ the European overseas investments‚ mainly in the extractive industries dominated international trade. • The phenomenon as it is known today is the result of the lead taken by U.S. based companies in the post World War II period. Western European
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