7 319‚40 $ 13 864‚40 Unit cost $ 5 950‚00 $ 6 654‚00 $ 12 604‚00 Gross profit $ 595‚00 $ 665‚40 $ 1 260‚40 (b) ABC is an approach to costing that identifies individual activities as fundamental cost objects. It uses the cost of the activities as the basis for assigning costs to ultimate cost objects such as product or service. It also involves monitoring of activities
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ABC Analysis for Towels More Towels and More is a small family company that is looking to expand their company. Out of the three types of stores they sell too (major retailers‚ specialty retailers‚ and gift shops)‚ gift shops has the highest contribution margin so the CEO believes in order to have a successful expansion‚ they need to pursue gift shops. The marketing manager on the other hand would like to utilize the Activity Based Costing (ABC) approach to analyze the high customer distribution
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Great Dakota Bank Case Assignment Questions 1. What is the value proposition for online banking? Explain. How should Great Dakota Bank communicate this value to its customers? The value proposition for online banking is to ensure customers how valuable and useful online banking can be for them. Customers who engage in online banking are able to constantly keep track of their spending‚ pay bills online‚ transfer money between accounts‚ and know where their money is going out and
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ABC Company is a manufacturing firm that specializes in making cedar roofing and siding shingles. The company currently has annual sales of around $1.2 million‚ a 25% increase from the previous year. The company has an aggressive growth target of reaching $3 million annual sales within the next 3 years. The CEO has been trying to find additional products that can leverage the current ABC employee skill set as well as the manufacturing facilities. ABC Company’s current financial information (before/without
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Great Dakota Bank: Online Banking 1. What are the advantages and disadvantages to Dakota Bank of the new online customers? (answer this question without numbers) • Advantages o Increase in customer enrollment between the promotion period of July and December 2001 from 2‚500 to 4‚000 a month o Online customers were more active than offline customers‚ having a higher numbers of transactions across a variety of channels • Disadvantages
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Here in North Dakota‚ 800‚000 barrels a day of oil are being pumped from our own roots. It’s being sent all around the world to supply the oil needs of the people. Many people around the United States and even us North Dakotans have no clue the vastness of oil drilling in our state and to know what’s going on in your state is good knowledge to have. A few times a year I travel to the western side of the state to the town of Williston where my grandparents live and everywhere you look there are oil
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an outside speaker‚ I watched the documentary Dakota 38. Dakota 38 is a 2012 documentary about the killings of 38 Native American warriors‚ and a group of Dakota Native American’s ride their horses 330 miles to go home (to Minnesota). Everything started when Jim Miller a Native American spiritual leader and former war veteran had a dream‚ where he was riding on horseback through South Dakota and he ended up in Mankato‚ MN were he saw 38 of his Dakota ancestry. On December 26‚ 1862 the day after Christmas
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The United States is based on the ideal image of increasing job opportunities‚ and becoming more energy independent regardless of the consequences that come along with it. The Dakota Pipeline was first announced to the people on January 25‚ 2014. During the making‚ the pipeline was denied final permits to finish the project by former president‚ Barack Obama. Recently it has been brought to surface by president-elect‚ Donald Trump. This pipeline will allow about 800 million gallons of crude oil to
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ABC Corporation MEMO AGBM1208B MGT 308/ Managing Diversity Harlen Williams‚ Jr. July 13‚ 2010 ABC Corporation Memo ABC Corporation strives to implement a multicultural corporation. Our corporation requires a workforce appreciative and helpful to individuals with ability‚ dedication and commitment for the advancement of the corporation. Achievement requires obtaining and keeping the most skilled individuals in the workforce – the most skillful and the most dedicated‚
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ABC ANALYSIS In supply chain‚ ABC analysis is an inventory categorization method which consists in dividing items into three categories‚ A‚ B and C: A being the most valuable items‚ C being the least valuable ones. This method aims to draw managers’ attention on the critical few (A-items) and not on the trivial many (C-items). The ABC approach states that‚ when reviewing inventory‚ a company should rate items from A to C‚ basing its ratings on the following rules: A-items are goods which annual
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