On Feb. 2, Vili Faulaau was arrested on suspicion of drunk driving following a car accident in Washington. The 34-year-old is the husband of former elementary school teacher Mary Kay Letourneau, who was convicted of sexually assaulting him when he was one of her students. According to authorities, Faulaau drove his Mercury Mountaineer SUV through a red light at 1st Avenue and South 156th Street in Burien and then struck two other vehicles just before 12 a.m. The officer who responded to the crash
Words: 298 - Pages: 2
competitor and may want to negotiate a lower price for its product purchases. During a meeting held to address the situation Johnson’s accountant Jim Thomas presented a compiled report on customers profitability and profit margin where customer service costs are allocated to customers as a percentage of revenue. This analysis brought Johnson to the conclusion that Saver Superstore is not a very profitable customer compared to other client retailers ,that it is one of their lowest-margin customers and he
Words: 737 - Pages: 3
Organizing a Cost- Reduction program The Bottom Line * You need a multidisciplinary team to attain significant cost- reduction. Support from the top helps greatly. * Encounter resistance to the cost reduction effort * There are risks associated with cost – reduction opportunities * Meet at least once a week * Maintain an action plan to create and sustain reduction momentum. * Someone who writes well and is good in capturing details should take notes and publish meeting minutes no later than
Words: 895 - Pages: 4
over the price of goods you purchase dictates whether this area is an opportunity or threat. This is driven by the number of suppliers of each essential input; uniqueness of their product or service; relative size and strength of the supplier, and cost of switching from one supplier to another. In this case, Minbaochong Sdn Bhd is the supplier of Eight Eleven, the largest chain of twenty-four hour grocery stores in Malaysia. MinBao brand is one of the most popular brands of bread in Malaysia which
Words: 592 - Pages: 3
disadvantages to using the cost of each print as a manufacturing overhead cost driver? 3. Using the information below, compute and interpret the predetermined manufacturing overhead rate for WallDecor. Illustration 1-1 – Information about prints and framed items for Sino-Beauty Unframed Steel-Framed Print, Wood-Framed Print, Print No Matting with Matting Volume – expected units sold 80,000 15,000 7,000 Cost Elements Direct Materials
Words: 396 - Pages: 2
allocation of indirect costs may be hiding some inequality in the way the university invests in male vs. female athletes. For example, indirect costs such as salaries for support staff, the equipment usage, vehicle leases, etc, are generally consumed more by male teams such as the football, basketball and wrestling teams, as compared to the female golf, swimming, volleyball, teams. For example, another way of allocating the indirect costs could be based on the proportion of direct cost incurred by male
Words: 1035 - Pages: 5
without having much to worry about huge costs. Factors such as deriving customer value, optimizing resources, minimizing operating costs and maximizing profits are also discussed in the article in order to explain how analytics create business value. The Problem The article states the challenges faced by the industry and in acquiring accurate data. The industry is growing rapidly and will nearly double by 2035. The pressure of having lower operation costs, being environmentally friendly and improving
Words: 918 - Pages: 4
identify various activities performed in a firm and then, allocated the overhead costs to activities using multiple cost drives and allocate the overhead costs to products and services based on the amount of it consumed of these activities and resources. For ABC system used of multiple drive however, traditional costing system only based on one cost driver. ABC system able to take account of all the overhead costs such as selling and administrative, marketing and general expenses .The traditional
Words: 420 - Pages: 2
TRUCK INVENTORY=30*75=2250 bbls 4. What are the possible capital investments considered by NCC? One of the possible capital investments considered by NCC was to buy some new equipment. NCC’s overtime costs were out of control and the growers were upset that their trucks and drivers had to spend so much time waiting to unload process fruit into the receiving plant. Will Walliston, the superintendent, thought that the way to avoid these problems was to increase their capacity by buying new
Words: 753 - Pages: 4
trends in real costs and prices, volume, market share, cashflow and stewardship of | |the resources available to the business. | |More recently (1994) Professor Bromwich pointed out that adding the strategic perspective to traditional management accounting | |required the role of accounting to extend in two directions. First, costs need to be integrated into strategy through strategic cost | |analysis
Words: 4358 - Pages: 18
