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You seemed to develop significant interest with your talk on the future of cost accounting. Your boss has heard about the excellent presentation and you are hopeful that your early retirement will take place.
A call for help has come in and with new hope you rise to answer the bell. Harmony Organs has found that their profits have shrunk. They manufacture and install pipe organs world-wide. They have many parts that are custom made for each instrument. In addition, a major part of the expenses are for packing, shipping and installation.
Norma Faye Raye, the daughter of the CFO, Linda Kaye Raye was in your presentation and came downstairs after the online club meeting excited about activity-based costing (ABC). Linda Kaye thinks that this could be a key change to get costs under control.
You are requested to elaborate on the value that job costing would bring to the company. The top managers have always wanted to see the profitability of each contract for the jobs they take. Discuss the advantages and benefits of job costing. Explain how job costing works. Include how job costing handles direct and indirect costs?
Introduce the company to activity-based costing. Explain how activity-based costing is different from job costing. Give examples of each costing approach and how they can be applied to different industries.
what is bakers inventory turnover? what is the percent of bakers assets committed to inventory? how does bakers performance compare to Arrow distrubuting?
In the Human Resources field we frequently use the saying hire hard manage easy.
Suppose that the agent expects both daytime and evening calls. At what point (ie percentage of call minutes for daytime calls) would she be indifferent between plans A and B?
Sid Das Brick Distributors currently employs 1 worker whose job is to load bricks on outgoing company trucks. An average of 24 trucks per 8 hour shift, arrive at the loading platform, according to a Poisson distribution.
In the event that OSHA does not act in the face of an alleged imminent danger situation, labor unions and employees can take what action? a). file a lawsuit
A local camera store sells about 10 cameras a day and is relatively constant. Lead times for camera delivery are normally distributed with an average of 6 days and standard deviation of 3 days. a 98% service level is set. Find the ROP?
Successfully handling a crisis often depends on how well the firm has planned for the crisis in advance. what is the one crisis affecting Mafee since its been widely reported in the media. Explain in detail the ways in which this crisis could affe..
in a three- to five- page paper excluding title page and references page complete the followingsummarize the
Setup cost is $60 for a run, and holding cost is $2 per box per month. Hint 1: Setup cost should be treated as ordering cost. Hint 2: Larger time unit is the month and smaller time unit is the day.
Cletus Inc. plans to overhaul the cafeteria menu and has formed a four person team to evaluate alternatives. The team identifies four criteria and their corresponding percentage weights.
Describe the possible risk events for the project. Identify the high probability, high-impact risk events. For each of those risk events, identify the possible actions to mitigate the risk. Describe how changes to the risk management plan will be ..
Draft a memo explaining to your warehouse managers how effective supply chain design could help to enhance profitability and stakeholder value for the company.
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