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Prime Cost and Conversion Cost Grin Company manufactures digital cameras. In January, Grin produced 4,000 cameras with the following costs: Direct materials, $400,000; Direct labor, $80,000; Manufacturing overhead, $320,000. There were no beginning or ending inventories of WIP. Refer to the information for Grin Company above. What was the total prime cost in January? $ What was the prime cost per unit in January? $ What was the total conversion cost in January? $ What was the conversion cost per unit in January? $
The City of Eugene, Oregon has a collective bargaining agreement in place with the International Association of Fire Fighters (IAFF), representing the terms and conditions of the work relationship between the city and its’ firefighting employees. Dec..
Don is an elderly man who lives with his nephew Evan. Don is dependent upon Evan for care. Evan advises Don to “invest” in Evan’s professional gambling venture. Evan tells Don that he will no longer provide care unless Don makes the investment. If Do..
The Scott Corey accounting firm is installing a new computer system, and several things must be done to make sure the system works properly.
Why might a traditional functional prospective have blinded P&G to the problems of the old system? In the mid-1990s, P&G was organized around 5 business sectors; laundry and cleaning, paper goods, beauty care, food and beverages, and health care. The..
David plans to start a new business called Rafting Explorers, which will rent canoes and kayaks to people to travel 10 miles down the Patapsco River in Maryland State Park. He has $45,000 to purchase new boats. Formulate a linear programming model fo..
Explain the first step in the Human Resource Management Process. What is the "Decruitment", and how might it relate to this first step?
Describe Cisco OTV Nexus 7000 and how this product addresses the layer 2 network issues faced while moving virtual machines to a different data enter for disaster recovery purposes. Describe VMWare NSX and how this product addresses the layer 2 netwo..
Apart from monetary compensation, organizations offer several benefits and services to its employees also known as fringe benefits. It might include flexible working hours, lunch and transporting facilities, health insurance, medical services, gym fa..
For sales and marketing; analyze factors that define and shape management (such as the economy, customer needs and wants, and innovation). What is the relative influence of these factors (which of them have more impact than others)?
Define and explain the following terms: System; Process flow analysis; Bottleneck; BPR; Throughput time; Capacity of a system; Process flowcharting; Process thinking
Explain how you would address each of the 3 main problems in the organization: outdated product lines, adversarial communication, and competition for internal resources.
Discuss the bullwhip effect and its implications at your place of employment and its extended supply chain. If bullwhip effect is not applicable for your business, discuss the impact of bullwhip effect for a hardware store such as Lowes, and Home Dep..
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