University of Phoenix Material Team Strategy Plan 1. Complete the following table to address the creation of teams at Riordan Manufacturing. |Strategy |Strengths |Weaknesses | | |Team players confident decision-makers; |Avoid individuals that do not like to help‚| |Separate employees to complete different |experience in plastic ware; and
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capital(No. of machines) | Output of parts(Q‚ hundreds of parts) | Average product (Q/L) | Marginal product(∆Q/∆L) | 0 | 5 | 0 | - | - | 1 | 5 | 49 | 49 | 49 | 2 | 5 | 132 | 66 | 83 | 3 | 5 | 243 | 81 | 111 | 4 | 5 | 376 | 94 | 133 | 5 | 5 | 525 | 105 | 149 | 6 | 5 | 684 | 114 | 159 | 6.666 | 5 | 792.59 | 118.90039 | 163.048048 | 7 | 5 | 847 | 121 | 162.9041916 | 8 | 5 | 1008 | 126 | 161 | 9 | 5 | 1161 | 129 | 153 | 10 | 5 | 1300 | 130 | 139 | 11 | 5 | 1419 | 129 | 119 | 12
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low-calorie‚ frozen microwavable food. We estimate the following demand equation for our product using the data from 26 supermarkets around the country for the month of April. QD = -2‚000 - 100P + 15A + 25PX + 10I (5‚234) (2.29) (525) (1.75) (1.5) R2 = 0.85 n = 120 F = 35.25 Your supervisor has asked you to compute the elasticities for each independent variable. Assume the following values for the independent variables: Q = Quantity demanded
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Corporate Finance: The Core (Berk/DeMarzo) Chapter 7 - Fundamentals of Capital Budgeting 1) Which of the following statements is false? A) Because value is lost when a resource is used by another project‚ we should include the opportunity cost as an incremental cost of the project. B) Sunk costs are incremental with respect to the current decision regarding the project and should be included in its analysis. C) Overhead expenses are associated with activities that are not directly attributable to a single business
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$10‚000 Cost of sales $5‚458 5‚458*100/8‚334=65.5% 65.5%*10‚000=$6‚550 Gross margin $2‚876 2‚876*100/8‚334=34.5% 34.5%*10‚000=$3‚450 R&D $525 525*100/8‚334=6.3% 6.3%*10‚000=$630 S‚ G & A $691 691*100/8‚334=8.3% 8.3%*10‚000=$830 Restructuring cost 2%*10
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Seligram‚ Inc. 1. What caused the existing system at ETO to fail? As we learned in chapter 7 initially‚”… cost systems designs were simple…“(Brewster et.al‚ p. 236). The goal of the allocation process is to assign overhead in a manner that most appropriately reflects the cause /effect relationship of incurred costs. These cost systems were based on belief that there was a high correlation between direct labor hours and units produced (Brewster et. al‚ p. 237). ETO’s current cost
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“The Story of an Hour” and “A Jury of her Peers” are short stories based on married life for women in the 19th century. During this time period women had no rights and were expected to get married‚ raise children‚ and do household chores without doing anything for themselves. Works of literature written during this time by American women provide insight to the predicaments of married middle-class white women in the 19th century. The women discussed in these stories while alike‚ are very different
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Level Operations Level Operations‚ small company located in Pennsylvania‚ manufacturers a variety of security devices and safes. Several different models of safes (S7-S8-S9-S1-S2) are available for purchase and due to increased demand the production facility has been enlarged to accommodate the additional production needs. Production manager Stephanie Cole must determine the best production quantity per cycle for each day of the week. She understands that partially completed safes are not permitted
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ovens sold in the SMSA in which the supermarkets are ‚000 Option 2 Note: The following is a regression equation. Standard errors are in parentheses for the demand for widgets. QD = -2‚000 - 100P + 15A + 25PX + 10I (5‚234) (2.29) (525) (1.75) (1.5) Your supervisor has asked you to compute the elasticities for each independent variable. Assume the following values for the independent variables: Q = Quantity demanded ... To download this material Click this
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Burdenproduct = Direct Labourproduct x Burden Rate (in this case‚ 145%) Total costsproduct = Direct Labourproduct + Burdenproduct Product Direct Labour Burden Total Costs ICA 917 1330 2247 ICB 2051 2974 5025 Capacitor 1094 1586 2680 Amplifier 525 761 1286 Diode 519 753 1272 b. The system proposed by the accounting manager The accountant proposes a division into machine hour and direct labor burden. According to Exhibit 5‚ the new burden rate is 21% and the machine hour rate is $80‚10
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