With the adjustment in costs gross margins have dropped from the planned margin of 35% to 22% in just one month. To offset this potential damage we are taking a look at how to adjust product costs in order to stay in the competitive pump market. Below lists the product costs using activity based costing, recommendations for adjusting the price of flow controllers, and how these changes in product costing affects net income. Activity based costing allows for as many costs as possible to be directly
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Question: Company Luau Kona and Blue Jamaican a. Using a plant-wide rate based on machine hours to assign manufacturing overhead cost to products In this approach the manufacturing overhead is based on machine hours. The manufacturing overhead application rate has been has been provided as $54.00 per machine hour. The following table list on the first row the number of machine hours required for each coffee type. The second row show the manufacture overhead for one kilo of coffee, based on the
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mbacasestudyanswers.com ARAVIND – 09901366442 – 09902787224 Cost and Management Accounting 1. X is the manufacture of Mumbai purchased three chemicals A, B and C from U.P.The bill gave the following information: Chemical A: 6000 kgs @ Rs. 4.20 per kg Rs 25,200 Chemical B: 10000 kgs @ Rs. 3.80 per kg 38,000 Chemical C: 4000 kgs @ Rs. 4.75 per kg 19,000 VAT 2,055 Railway Freight 1,000 Total Cost 85,255 A shortage of 100 kgs in chemical A
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ANALYSIS OF BIOLOGICAL ASSETS VALUATION WITH FAIR VALUE ACCOUNTING AND HISTORICAL COST ACCOUNTING METHOD IN PLANTATION SUBSECTOR OF INDONESIAN AGRICULTURAL INDUSTRY IN THE PERIOD OF 2007-2012 Karina Putri Ramadhani1 and Indra Pratama2 1 Thesis Writer, Swiss German University 2 Thesis Advisor, Swiss German University Abstract The analysis of biological assets valuation with fair value accounting and historical cost accounting method in plantation subsector of Indonesian agricultural industry,
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Written Case Analysis Background: Beta Company is a manufacturing company that produces two products, A and B. Problem Statement: To compute the actual cost of each product, compare the result to the standard and interpret the same using variance analysis. Answers and Interpretation: |1 |Material Price Variance (Material X)= |$23,400.00 |F |Material X |$14,400.00 | | |Material Price Variance (Material Y)=
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design and planning to achieve minimum in-process variation and deliver to the customers zero defect engines. Continuous production and quality process improvement:- Flexible work assignment and commitment to production Waste and scarp elimination Cost reduction activities Increased thru put by removing bottleneck A-2) Forming teams responsible for manufacturing, engineering, Quality Control, Production systems and supplier relationships. Laid down target levels for product and process
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Manufactures of Quality Products Memo To: Supervisor From: Manager cc: Team Leader Date: October 31, 2014 Re: Cost and Quality Consideration As a company, we strive for excellence and quality. Staying focused on implementing a structured quality management system that is rooted in standardization and monitoring and performing statistical analysis is critical for us to gain market share and consumer confidence. We must balance our production objective goals for the lowest financials
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MATRIXES 8 Internal-External (IE) Matrix 8 Strengths-Weaknesses-Opportunities-Threats (SWOT) Matrix 8 Space Matrix 11 Quantitative Strategic Planning Matrix 13 Alternative Strategies Advantages and Disadvantages 16 VI. RECOMMENDATION 18 Costs of Implementing Alternative Strategies 19 VII. IMPLEMENTATION 21 Forecasted Ratios and Projected Financials Accounts 22 Specific Annual Objectives and Policies 22 VIII. RECOMMENDED PROCEDURES FOR STRATEGY REVIEW AND EVALUATION 24 IX. APPENDIX
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www.mbacasestudyanswers.com ARAVIND – 09901366442 – 09902787224 FINANCIAL & COST ACCOUNTING Q1) ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In addition, ABC Ltd will have to incur costs of Rs 1.50 per unit for freight and Rs 10,000 per year for quality inspection, storing
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1. award: 10 out of 10.00 points Sako Company’s Audio Division produces a speaker that is used by manufacturers of various audio products. Sales and cost data on the speaker follow: Selling price per unit on the intermediate market Variable costs per unit Fixed costs per unit (based on capacity) Capacity in units $47 $16 $8 59,000 Sako Company has a HiFi Division that could use this speaker in one of its products. The HiFi Division
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