chapter 3 Exe# 6 In question direct labor hours is not given‚ we can find D.Labor hours through this formula Direct labor cost = 40000 = 6250 Hours Per D.Labor hours rate 6.40 1) Prime Cost (2) Conversion Cost Material opening 24000 Direct labor 40000 + purchase 56000 FOH Applied Material available for use 80000 6250 Hours@ 8 50000 - Material ending (20000) Conversion cost 90000 Material used 60000 + Direct labor 40000 Prime Cost 100000
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Cost of Quality In current context same meaning: Quality Costs‚ Cost of Quality‚ Cost of Poor Quality Impact of Costs Price Erosion Sales Profit +Warranty Cost +Material allowance Ideal $ Variable Cost Spread of break-even zone Fixed Cost Quantity Yield -> Waste -> (from design‚ defects‚ efficiency) -> impact costs Why Focus on Cost of Poor Quality? Price Erosion Profit Profit Profit Profit Total Cost to manufacture and deliver products Cost of Poor Quality COPQ Cost of Poor Quality
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Decision Form Period 5 Company____ 3 COPY I Price (per unit) Advertising Sales Corporate Identity Market research report Market 1 3090 EUR 6 mEUR MEUR Yes: О x 2 Market 2 4420 FCU mEUR 3 Market 1 no. of ppl. Market 2 no. of ppl. Yes: О Yes: О Value Analysis 1 2 Sales Staff 120 90 Bid price for tender 2699 EUR/unit Relaunch (I – old) Introduction (I – new) Ecology 2.6 4.8 Technology COPY I – old COPY I – new COPY II – new 35 50 no. of ppl. no. of ppl. no. of ppl
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Waits and Sons is a landscaping business operating as a family business since 2007 (Waits‚ 2012). Matt Waits has been the contracted landscaper for the residence at 411 N Wayman Street for the past three years. In a recent interview‚ Waits answered the following questions: • How and when would you determine the need to create a job position within your business? As contracts are signed and the demands for more maintenance visits grow‚ we will be looking to fill new positions. In fact‚ we are
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Associate Level Material Appendix D Read each scenario and write a 25- to 50-word answer for each question following the scenarios. Use at least one reference per scenario and format your sources consistent with APA guidelines. Scenario A Acute renal failure: Ms. Jones‚ a 68-year-old female‚ underwent open-heart surgery to replace several blocked vessels in her heart. On her first day postoperatively‚ it was noted that she had very little urine output. 1. What is happening to Ms.
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financial reporting. The criteria for internal controls has been established by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). “The COSO internal components include the following: 1) Control Environment‚ 2) Risk Assessment‚ 3) Control Activities‚ 4) Information and Communication 5) Monitoring” (Arens‚ Elder‚ & Beasley‚ 2007‚ p. 294). AOW has followed the criteria set forth by COSO and also by generally accepted auditing principles for the purpose of expressing an opinion
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organizations to maintain a well trained and effective human resource team as it is directly affiliated with the personal policies and practices that influences the workforce. Today we will be focusing on two strategic issues that HRM faces: 2. Merger and acquisition 3. Offshoring 2. MERGERS AND ACQUISITION Mergers typically involves two companies usually smaller scale companies joins arms and becomes one to attain better growth for the company. Acquisition is an action where a company buys
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This work of HRM 300 Week 3 Discussion Question 1 contains: Employee selection methods introduced in Chapter 7 of our text include applications‚ employment tests‚ interviews‚ background investigations‚ and medical or physical examinations. Select three selection methods that you feel are most useful. For each selection method chosen‚ discuss the reliability and validity of the method. What are the strengths and weaknesses of the selection methods you have chosen? General Questions
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Based on the BCG portfolio analysis‚ products in low-growth markets that have received heavy investments and now have excess resources to spin off are: Student Response Correct Answer Feedback A. stars. B. cash cows. C. question marks. D. dogs. E. a combination of question mark and dog categories. General Feedback: Cash cows are in the low-growth markets but are high market share products. Score: 0/2 Which of the following is NOT one of the four major growth strategies
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Excel Scenario’s Scenario 1: A business professional calls the support desk looking to use Excel to organize data for the monthly expense report. He has never used Excel prior to this and has inquired about the functions that would support him with his task. My general approach for this call would be to start off by explaining what Microsoft Excel is to the business professional. Microsoft Excel is an application used to create spreadsheets. It also provides the user with functions
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