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Job order costing accumulates and records costs by job and assists managers in evaluating actual and expected costs related to direct materials, direct labor, and factory overhead costs. An excellent example is provided in the opening vignette of the textbook for this chapter, Washburn Guitars. A job order cost system is ideal due to the nature, design, and uniqueness of each guitar built for a musician, such as Paul Stanley from the rock band KISS. Costs associated with the creation of a guitar include direct materials such as wood and strings, direct labor of the employees who build, assemble, and test the guitar. Additionally, the factory overhead costs such as the plant where the guitar is manufactured, the insurance on the plant, taxes, and all other indirect costs. After the costs are accumulated for Mr. Stanley's guitar, Washburn Guitars would then price the guitar to achieve a profit (selling price greater than the costs). Select a company that would employ a job order costing system. Research the company and discuss why a job order costing system is the 'correct' fit for that organization. Discuss a product the company sells and discuss what direct and indirect costs would be included on the job cost sheet. Follow the minimum requirements for discussion board posts located in the general discussion area. Recall, those are the minimum requirements, more posts are always encouraged.
Why is leadership naturally persuasive?
Philosophers distinguish between three different types of responsibilities, on a scale from more to less demanding or binding. Explain these responsibilities response should be at least 200 words in length.
In a case in which the employee claimed harassment by her supervisor in which he altered her work her work hours with the knowledge that doing so would adversely affect her hypoglycemia; frequently stood at her desk and stared angrily at her; startle..
The local YMCA is going to issue new membership cards to all members. They are going to set up a sequential, production line type of process to make the cards. This takes about 20 seconds per person. Let the photo develop. The pictures develop automa..
Technology has changed the role and some functions of HR. Have these changes resulted in HR losing sight of its role towards employee relations and support?
how you would modify the process based on those differences. What are two things that you would do to be sure the service is performing up to customers' expectations?
Describe a situation in which you observed or experienced someone speaking using inappropriate language (i.e., sexist, racist, or foul).
Review the differences and core similarities between inductive and deductive reasoning. How does one form support the other?
Mary's performance rating is 100%. The firm has a personal fatigue and delay allowance of 15%.- Find the normal time for this process. - Find the standard time for this process.
Does the pay-for-performance plan seem like a good idea? Why or why not? What advice would you give Regina and Sandy as they consider their decision?
Nobel laureate economist Milton Friedman said that companies should focus on maximizing profits, not social responsibilities or purposes. Do you agree with this view? Why or why not?
How does VIRO help define competitive advantage in a low cost leadership business strategy? Please describe VIRO, competitive advantage and low cost leadership, and explain how they are linked. Provide examples.
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