Solution maf420 Question 1 a) Kettle : 3000 unit per month : 1‚500 kg of Material L Rice cooker : 1000 unit per month : 1‚500 kg of Material L So‚ the ratio is 1:3. If the company wishes to fulfill all the targeted kettle produce‚ therefore they should use all the material available to produce rice cooker for produce that component. From here‚ we can conclude that‚ the company need to scarified 1000 unit of rice cooker to produce 3000 unit of kettle. The total contribution lost is….
Premium Net present value Cash flow Rate of return
curently being faced by the company? The company facing the different competitive situations between the products‚ gross margin of values are maintained at 35% and produce in standered. Flow controlers are custmized products‚ and less competitive market power. Pumps are comodity products produced in high voulume at high price for a market. Wilkerson is a quality leader although his competitor also have a best match with him. Butt there is no competition in price facing by wilkerson‚ and there is no chances
Premium Costs Cost Cost accounting
Debts to amount calculated) 2014 30 June Bad Debts Expense Allowance for Doubtful Debts 20 070 20 070 (Adjustment to increase Allow for Doubtful Debts to amount calculated) Suggested Solutions taken from the Solutions Manual to accompany Hoggett J.‚ Medlin J. Edwards L.‚ Tilling M. and Hogg E. “Financial Accounting” 8th Edition‚ 2012‚ John Wiley & Sons Australia‚ Ltd.
Premium Accounts receivable Expense Balance sheet
Chapter 10 Standard Costs and the Balanced Scorecard Solutions to Questions 10-1 A quantity standard indicates how much of an input should be used to make a unit of output. A price standard indicates how much the input should cost. 10-2 Ideal standards assume perfection and do not allow for any inefficiency. Thus‚ ideal standards are rarely‚ if ever‚ attained. Practical standards can be attained by employees working at a reasonable‚ though efficient pace and allow for normal breaks
Premium Balanced scorecard
Aircraft Solution (AS) Company Ali Hassan Submitted to: John Michalek SEC571 Principles of Information Security and Privacy Keller Graduate School of Management Submitted: April 21‚ 2013 Table of Contents Company Overview ……………………………………………1 Company Assets ………………………………………………..1 Vulnerabilities ………………………………………………….2 Hardware Vulnerability………………………………….......2 Policy Vulnerability …………………………..……………..3 Recommended Solutions…………………………………….... 5 Hardware Solutions ……………………
Premium Risk Management Security
S. “Requirements for an Effective Project Risk Management Process.” Project Management Journal‚ September 1999. Williams‚ G. “Implementing an Enterprise Project Management Solution.” PM Network‚ October 1997. The following case describes an unusual organizational arrangement for an actual manufacturing firm. The company is largely run by the employees through teams. When projects are instituted‚ it is common to pass the idea through the relevant teams first‚ before any changes are made. However
Premium Project management Management
200400 COMPANY ACCOUNTING Q1‚ 2015 MID-SEMESTER EXAM – SOLUTIONS GUIDE PART A Question 1 (5 marks) (a) See lecture slide 14‚ Topic 1: Statement of Financial Position Statement of Comprehensive Income Statement of Changes in Equity Statement of Cash Flows Notes (b) See lecture slide 6‚ Topic 1: providing information to users who are unable to command the preparation of reports tailored to their particular information needs Also refer to Chapter 4‚ Problem 4.15‚ p.89 (H/W Topic 1): GPFRs are designed
Premium Balance sheet Income statement Cash flow statement
Sales ($68 per unit × 410‚000 units) $27‚880‚000 Variable costs ($60 per unit × 410‚000 units) 24‚600‚000 Contribution margin $ 3‚280‚000 1b. Contribution margin (from above) $3‚280‚000 Fixed costs 1‚640‚000 Operating income $1‚640‚000 2a. Sales (from above) $27‚880‚000 Variable costs ($54 per unit × 410‚000 units) 22‚140‚000 Contribution margin $ 5‚740‚000 2b. Contribution margin $5‚740‚000 Fixed costs 5‚330‚000 Operating income $ 410‚000 3 Operating
Premium Variable cost Contribution margin Costs
Chapter 7 Homework Solutions Q7-1 Absorption and variable costing differ in how they handle fixed manufacturing overhead. Under absorption costing‚ fixed manufacturing overhead is treated as a product cost and hence is an asset until products are sold. Under variable costing‚ fixed manufacturing overhead is treated as a period cost and is expensed on the current period’s income statement. Q7-2 Selling and administrative expenses are treated as period costs under both variable costing and absorption
Premium Management Strategic management Marketing
Which of the following defines variable cost behavior? Total cost reactionto increase in activity|Cost per unit reactionto increase in activity| a.|remains constant remains constant| b.|remains constant increases| c.|increases increases| d.|increases remains constant| ____ 2. When cost relationships are linear‚ total variable prime costs will vary in proportion to changes in a
Premium Variable cost Costs Fixed cost