2b. $3,160 2c. $3,239 4-30 1. 50% 2. underallocated $3,000 3. COGS a. $552,250 b. $551,200 c. $551,200 4-31 2. M $49; F 202% 3. $9,385 4. $98.45 5. M $200,000 underallocated F $300,000 overallocated Total $100,000 overallocated 4-32 2. $65 3. $55 4. R $14,400 P $19,200 4-33 1. PL $140 AL $50 2. GS $45 SS $60 3. R $18,600; P $20,000 4-34 1. $60 2. $400,000 underallocated;
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UNIT 3 P1- Identify the difference between start-up and operating costs, variable and fixed costs. Introduction I have started this unit talking amongst my classmates discussing the differences between theses costs start-up, operating, variable and fixed costs. In this unit I will be explaining the differences between them. Define start-up costs, operating costs, fixed costs and variable costs Start-up costs- it means if the start-up costs are incurred before a business can start
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1.0 Business Description 1.1. General Description of the Service Kids’ Planet will provide the service of only two types – kids may read books of their choices there; on the other hand, they can play several computer games to pass their leisure. The company relies on its trained employees who work to arrange and take care of books, maintain the computers, look after the kids who are their temporary guests and on. The shop will be given a smart and lovely outlook all along with a lavish interior
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Exercise 3-1B N = Number of units to break-even Sales − Variable cost − Fixed cost = Profit (Sales price x N) − (Variable cost per unit x N) = Fixed cost + Profit (Contribution margin per unit x N) = Fixed cost + Profit N = (Fixed cost + Profit) ÷ Contribution margin per unit N = ($750,000 + $200,000) ÷ ($57 − $32) = 30,000 units Break-even dollars = $57 x 30,000 units = $1,710,000 b. N = ($750,000 + 21,000) ÷ ($57 − $32) = 38,000 units Sales in $ = $57 x 38,000 = $2,166,000 Exercise 3-2B N = Number
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look at each of these factors separately. Raw Materials Let us calculate the total weight of raw materials used to produce the 4 items and compare that with the total weight of raw materials available Weight / piece (lbs) Patterned glasses 0.5 Paperwights 0.9 Wrapped tumblers 0.5 Vases 0.6 Item Weekly Production 19 10 32 8 Total Weight (lbs) 9.5 9 16 4.8 39.3 The total weight of raw material used = 39.3 lbs. The total weight of raw material scrapped = 50 lbs. Batch size available = 200 lbs. Percentage
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Introduction The athletic footwear industry is a highly competitive environment where the top four manufacturers hold over 70% of the market share. The barriers to entry into the industry are comparatively low, as anyone with new creative design ideas can produce and market their product, but the success of smaller companies is oftentimes shaky. Brand loyalty, ample capital, and broad based sourcing create an environment where the bigger companies such as Nike and Reebok have little trouble maintaining
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EXECUTIVE SUMMARY It is recommended that Jim Peterson use the following outline for the presentation to the board of directors at Midwest Ice Cream Company. Outline for Presentation • Introduction • Identify the problem • Analyse Figure 1 and Illustrations 1 - 3 • Commend the areas that did well • Discuss the corrective actions to consider • Make recommendations • Conclude the presentation The following case study provides Jim Peterson with all the necessary information to make a non-technical
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elasticity of demand of Mr. Will Bury developed proprietary technology is inelastic; the quantity demanded has a percentage change that is smaller than that in price (McConnell & Brue, 2009). For this reason, as the price rises, the producers total revenue rises, and vice versa. As Mr. Will Bury’s price elasticity of demand developed proprietary technology elastic, the quantity demanded
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ASAD AMIN Align Technology, Inc. Issues Align Technology was facing many issues; there are some factors that effects the cost and sales of the company. * The core of the problem was that the average cost per case was higher than the average selling price and the Company was not meeting its financial targets. * The demand of Align’s product was less than the actual manufacturing capacity and Company’s policy (excess production capacity)
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Total Rewards System Proposal: Managing a total rewards program Create a brief overview of the company requirements for a total rewards system. Herizon is the largest telecommunications and broadband companies in the United States. We employ 20,000 employees in 17 different countries. We have a very diverse workforce with 2,000 management-level individuals who speak a variety of languages. We at Herizon believe having the right talent, at the right cost is what keeps our company striving
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