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Goose down is used in a wide variety of products, including jackets, bedding, and pillows.) In recent years, the cost of down has been increasing. For example, in October 2010, Lands' End, a retailer of clothing and bedding items, was paying about $13 for a pound of down in China. By October 2012, that price per pound had risen to about $23 per pound'. The costs of other types and grades of down have increased similarly. The cost of down has increased because of a few reasons. First of all, China is one of the major producers of down in the world. China's wealth has been increasing. As a result, more families are moving from farms to urban areas thereby reducing the number of families who are farming. In addition, dietary preferences around the world are changing to more meat and fish over geese and ducks, decreasing the potential revenue from raising geese. On the demand side, the demand for down is increasing. The increasing popular-ity of down jackets from a fashion standpoint is driving most of the increase in demand for down. In prior decades, down was just used for specialized winter sports apparel for skiing and climbing. Now down is used in popular, general fashions. Some companies are developing synthetic substitutes for down as they try to coun-teract the increasing costs of the down. In the meantime, companies such as Lands' End, North Face, and other garment manufacturers are raising the price of their products to counteract the inrrpaqinn cnst of rinwn
Gabby's Wedding Cakes creates elaborate wedding cakes. Calculate the break-even point for a month in units. How many cakes must be sold to earn a monthly profit of $10,000?
Compute the equivalent units for direct materials and conversion costs for December. Compute the unit costs for direct materials and conversion costs. Compute the cost of units completed for December.
CollegePak Company produced and sold 60,000 units throughout the year just ended at an average price of $20 per unit. Variable manufacturing costs were $8 per unit, and variable marketing costs were $4 per unit sold.
Janice has interest income of $5,000 on certificates of deposit at Second Bank. Janice makes estimated tax payments of $17,000 for 2011 and compute Janice Morgan=s 2011 Federal income tax payable
comprehensive case lo 2 3 4 5 thompson manufacturing has been in business for over 50 years making a variety of
Please discuss the effects of inventory management on cash conversion cycle and cost of goods for the firm.
The January 1, 2014, inventory of HD-240 is 2,000 units. Management desires an ending inventory each quarter equal to 40% of the next quarter's sales. Sales in the first quarter of 2015 are expected to be 25% higher than sales in the same quarter ..
Prepare a narrative report explaining how your sales budget was determined. Use the table above in your analysis and prepare a sales budget in good form.
What are the major issues that need addressing - Suggest some possible issues, and strategies for dealing with those issues, that you might want to discuss with the founder.
The president asks you to compare the alternatives on a total-annual-cost basis and on a per-unit basis for annual needs of 60,000 units. Which alternative seems more attractive?
Prepare all the journal entries that Dumpster Limited would prepare for the years ending 30 June 2013, 30 June 2014 and 30 June 2015 to account for the acquisition, subsequent expenditure and depreciation on the asset.
Conducted and reviewed primary and secondary market research for new product development and worked closely with Brand Managers to identify each product lines message, identity, and share end-user feedback on new and existing products along with..
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