Super Bakery‚ Inc. is a “nationwide supplier of mineral‚ vitamin‚ and protein enriched doughnuts and other baked goods to the institutional food market‚ primarily school systems.” This corporation is what is known as a virtual corporation. A virtual corporation is one that outsources most of its operations and only keeps the core strategic parts of the business in house. The following will describe the strategies Super Bakery‚ Inc. used to help grow its sales by an estimated 20% annually‚ why
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1 JOB ORDER COSTING EXERCISES EX-1 Good Samaritan Medical Center has a single operating room that is used by local physicians to perform surgical procedures. The cost of using the operating room is accumulated by each patient procedure and includes the direct materials costs (drugs and medical devices)‚ physician surgical time‚ and operating room over-head. On January 1 of the current year‚ the annual operating room overhead is estimated to be: Disposable supplies $124‚500 Depreciation expense
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Plant overhead $122‚000 D/L rate/hour $30 Youngstown has a traditional cost system. It calculates a plant-wide overhead rate by dividing total overhead costs by total direct labor hours. Assume‚ for the calculations below‚ that plant overhead is a committed (fixed) cost during the year‚ but that direct labor is a variable cost. 1. Calculate the plant-wide overhead rate. Use this rate to assign overhead costs to products and calculate the profitability of the four products. The assignment
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Mary E. Jones 01/14/2011 ACC 560 Case 1: Greetings Inc.: Job Order Costing 1. Define and explain the meaning of a predetermined manufacturing overhead rate that is applied in a job-order costing system? A predetermined overhead rate is the rate used to apply manufacturing overhead to work-in-process inventory. The predetermined overhead rate is calculated before the period begins. The first step is to estimate the amount of the activity base that will be required to support operations
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Space exploration is not worth the cost. Space exploration is not worth the cost because it is not losing the lives of astronauts. It is also not worth the money that is being spent to make the rocket ship. Also there would not be a lot of income. First of all space exploration is not worth the cost because it is not worth losing the lives astronauts lives. Even though there are people willing to go to space they can lose their lives while leaving the atmosphere. An example is the 1986 challenger
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How do systems create order? In the Middle Ages‚ and even now‚ people used systems to create order in their countries. They ranked the poor and the rich‚ the cows and the pigs and many other things. The most important one that ranked the whole population was the Feudalism system. It was used to put the wealthy people on top and the poor on the bottom. It was used to structure the population so that no confusion could be made. There were also many other systems that had the same concept as the feudalism
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profit of 22.6million. Why did the two divisions with same products have such a difference? After further exam‚ management concluded the large fixed cost absorbed sale figure. First it is important to understand the standard costing system implemented in Rubber group. Standard costing assigns quantity and price standards to each component of variable and fixed costs in calculating the total cost. In the case of NASA‚ the system uses standard purchasing price (input cost) and standard inputs usage
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uniforms they will only wear once. Also why would you want to spend money on uniforms that are uncomfortable and a bourdon for families. They argue it provides a better education but schools have proven that they excel just as much or even higher than schools that inforce uniforms. Uniforms are just a hassle and bourdon for people that can’t provide such "luxuries" if you say. Uniforms can be very expensive when it all starts to add up. Families would pay an average of $300 per student every
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Today‚ people are starting to question the value of college. High school students and their parents wonder if it is worth the cost and the time. College does cost a lot and is time consuming but it also prepares students for more than just a job. There are many opportunities to gain from college but is it worth the cost and time? Some high school graduates choose to not have any further education or training at all after high school. They start working for places like a restaurant‚ clothing stores
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Space exploration is crucial to many people today. Space exploration is worth the cost. One reason why space exploration at extreme conditions is important to humans is because it can generate wealth and it expands our knowledge‚ in other words it helps us seek the unknown. Space exploration is worth the cost because it generates almost as much as twice as much of the money that it actually takes to send the astronauts into space. Expands our knowledge and helps us‚ humans‚ seek the unknown. Scientist
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