Unit three Written Assignment Lacy Smith MT435 Operations Management Kaplan University July 1, 2013 Introduction Albatross Anchor’s is a family owned business that started in 1976 that grew to employ one hundred and thirty employees. All departments of the company are in one building and the departments consist of an administrative office, manufacturing, shipping, receiving, raw materials storage, finished goods storage and the foundry. Through the years the standards of the department
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Instructor Use Only) 10-1 ASSIGNMENT CHARACTERISTICS TABLE Problem Number 1A Description Prepare flexible budget and budget report for manufacturing overhead. Prepare flexible budget, budget report, and graph for manufacturing overhead. State total budgeted cost formula, and prepare flexible budget reports for two time periods. Prepare responsibility report for a profit center. Prepare responsibility report for an investment center, and compute ROI. Prepare reports for cost centers under responsibility
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MAIN ISSUE A part from reading the Danshui Plant No.2 case, we can see that there is no enough information to evaluate the performance of the pant for the first three contracts to assembly Apple iPhone 4. Analysis of the issue To get a clear picture a flexible budget was prepared for the month end of August 2010. (Shown in the table below) From the flexible that is prepared it can seen the performance of Danshui Plant NO.2 is not good enough as what it suppose to be. The budget show that Danshui
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If Jaden McCoy accepts the proposal, there will be incremental revenues and expenses associates with it. The main revenue will be rental fee of goats. 25 goats will be available per day and the rental fee is $15 per day. Total size of the area is 43,650 square feet and a goat would eat about 250 square feet or forage daily. 25 goats will eat 6250 square feet per day so it will take 7 days to clear the site. Revenue calculated by the number of calendar day times rental fee times 25 goats is $2625
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whether the price decrease is profit maximizing. On the other hand, if an increase in price is justified from a revenue perspective, it must be the case that it is also justified from a profit perspective simply because total cost decreases as less output is produced and sold. Total revenue is maximized when selling an extra unit would cause your revenue to fall and selling a unit less would have also caused
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As consultants, we determined the market research needed to analyze the operation’s viability. The ideal method would be to conduct a break-even analysis, which would require fixed costs, variable costs, wholesale prices, distribution margins and total sale volume in the two counties of Fiji Water bottles. Once this information is available, the break-even volume over two years can be calculated to provide the minimum sales required to make a profitable operation. In an ideal situation, a customer
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(Difference) Nurses $135,378 $139,891 $145,019 $(5,128) Homemakers 60,046 71,033 71,500 (467) Med.suplies 18,197 21,527 21,402 125 Clean.supplies 6,894 8,155 9,216 (1,061) Transportation 9,068 10,727 11,144 (417) Total $229,583 $251,333 $258,281 $(6,948) Home visits 4,312 5,101 5,101 Av.cost/visit $53.24 $49.27 $50.63 C. The variance for cleaning
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Contents S.No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Topics Contents Introduction Project Objectives Objectives of firm Capital Structure Cost of Capital Market Structure Office Location Product & Services Sales channels Assumptions Human Resources Department Administration & Finance Department Operations Department Actuaries Department Investments Department Agency Department Field Operations – Bancassurance Department Field Operations – Partner Distribution
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Prestige Data Services Cost Volume Profit Analysis The following equation has been used for the purpose of this analysis: (Intra-company sales + commercial sales) = Fixed Cost + Variable Cost/hour * time (in hours) To work out only the contribution of intra-company and commercial computer use, “Other commercial sales” has been removed from the revenue. To counter that, “Materials cost” has been removed from the costs; three month average for these parameters is approximately equal. Fixed Costs
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Introduction Part A Economic Regulation Part B Ratio Analysis Decision making techniques Part C Benefits and Limitations of Budgeting and Planning SDCCC Reflection Appendices Analysis for Ratio Sample Income and Expenditure Balance Sheet Proposed Monthly Review Introduction In 2000 the National Development Plan in Ireland allocated funding to the development of childcare with the specific aim of improving the quality, and increasing childcare provision and places
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