Mission | The construction of a new Seitz plant in Huntsville, AL that will be operational by June 30, 2012. | | Scope | Included in Scope: * Selection of Project Resources: Ex (Architect, Real Estate Consultant, and General Contractor) * Training of Huntsville plant managers. * Pre-Production and Production Planning * Building Concept and Design * Procurement of Building Site, Permits, and Appropriate Approvals * Construction of the Huntsville Plant Building * Site Landscaping * Personnel
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already completed. Set 4: ___B__ Property, plant, and equipment, ending balance __CF__ Cash paid for property, plant, and equipment during the period ___B__ Cash received from selling property, plant, and equipment during the period ____I_ Depreciation expense during the period (expense of using property, plant, and equipment during the period) Difference: Property, plant and equipment are assets that depreciate; cash paid for property plant and equipment concerns the cash flow; cash received from
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Name | Huntsville New Plant Construction | Project Number | 4 | Project Manager | Steve Pokorowski (interim) | Prioritization | Medium | Owner(s) | Walter Seitz | Start Date: | April 18, 2011 | Scheduled Completion Date: | June 15, 2012 | Mission | | To attain a national presence in the container industry by constructing a plant in Huntsville Alabama which would help double sales within the next decade, develop and market new products, reduce dependence on equipment suppliers, reach first
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mining equipment for both surface and underground operations. Until the year 2000, when it sold its Beloit Corporation subsidiary, Harnischfeger was also a major manufacturer of machinery for the pulp and paper industry. The company is represented in markets around the world, including Europe, Latin America, Australia, and Southeast Asia, and in South Africa, Canada, and the United States. Harnischfeger manufactures specialized equipment for underground mining of coal, as well as equipment for surface
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CHAPTER 10 Plant Assets, Natural Resources, and Intangible Assets ASSIGNMENT CLASSIFICATION TABLE Brief Exercises 1, 2 A Problems 1A B Problems 1B Study Objectives 1. Describe how the cost principle applies to plant assets. Explain the concept of depreciation. Compute periodic depreciation using different methods. Describe the procedure for revising periodic depreciation. Distinguish between revenue and capital expenditures, and explain the entries for each. Explain how to account for the disposal
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CHAPTER 10 Plant Assets, Natural Resources, and Intangible Assets ASSIGNMENT CLASSIFICATION TABLE Brief Exercises 1, 2 A Problems 1A B Problems 1B Study Objectives 1. Describe how the cost principle applies to plant assets. Explain the concept of depreciation. Compute periodic depreciation using different methods. Describe the procedure for revising periodic depreciation. Distinguish between revenue and capital expenditures, and explain the entries for each. Explain how to account for the disposal
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and does not cause cash flows. It is therefore excluded from cash from operating activities. Journal entry: Depreciation Expense Dr $75,000 Accumulated Depreciation Cr $75,000 iii. As it is a disposal of an item of plant, which is a non- current assets, this transaction is an investing activity. The only cash flow resulting from the disposal of the
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Critical thinking analysis #1 Ch 1-5 Alex Rogo is a plant manager of UniCo, being scrutinized by his superior due to inefficiencies of order shipments. A critical order was overlooked by plant workers and Alex’s boss stepped in to make him aware of a possible plant production failure and the ultimate possibility of closing the plant. Peach, the division president, informs Alex that if no perceptible improvements occur within three months, the plant might be shut down. In order to fill this critical
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The plant manager's salary. 2. The cost of heating the plant. 3. The cost of heating executive offices. 4. The cost of printed circuit boards used in the radios. 5. Salaries and commissions of company salespersons. 6. Depreciation on office equipment used in the executive offices. 7. Depreciation on production equipment used in the plant. 8. Wages of janitorial personnel who clean the plant. 9. The cost of insurance on the plant building
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Project Management Assignment #1 MGT5164 City of Thunder Bay/Environment Division Digital SCADA Network Project Student Name: Joe Doe PROJECT INTRODUCTION ....................................................................................................... 2 Project Name........................................................................................................................................... 2 Scope and Objectives......................................................
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