Writing Assignment #2: Gross Domestic Product Gross domestic product also known as GDP is the total value of all goods and services produced in the economy during a specified period of time‚ such as a year or quarter. GDP is very important to the American economy because it effects each individual in some type of way. Improvements in the economic well-being of individuals in any society cannot occur without such an increase in real GDP. When real GDP per capita is increasing‚ then the well-being-
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Artemis Sportswear Profit Margin Increase Proposal Brian Townsley Comm/215 9/7/2012 When writing a proposal two things need to be addressed‚ the problem and the proposed solution to that problem. Our task is developing a solution‚ to a need for a profit margin increase at Artemis Sportswear Company. Artemis Sportswear Co.‚ is an international‚ multimillion dollar company‚ has been mentioned countless times in top financial and business magazines such as Forbes‚ Fortune‚ and Business
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12 April 2010 GDP and Beyond Measuring Economic Progress and Sustainability By J. Steven Landefeld‚ Brent R. Moulton‚ Joel D. Platt‚ and Shaunda M. Villones T HE United States provides some of the most highly developed sets of gross domestic product (GDP) accounts in the world. These accounts—which are collectively known as the national income and product accounts (NIPAs) or national accounts—have been regularly updated over the years and have well served researchers‚ the business community
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minimization in R&D‚ service‚ sales force‚ and advertising.” If used effectively‚ this strategy should reduce and control your labor and overhead costs. This would in turn decrease variable expenses and simultaneously increase your contribution margins‚ and ultimately your net profits. To follow this strategy‚ we decided to take the following actions: 1. We refrained from introducing any new products in order to prevent paying large start-up costs without efficient funding. It would have been
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A. Current Situation What role has Altius Golf’s choice of channels of distributions played in its loss of market share? What other factors have contributed to its loss of market share? What will happen if Altius maintains the status quo? Altius Golf’s choices in its channels of distribution have played a major role in its loss of market share. There are two distribution channels when it comes to the golf market‚ on-course and off-course‚ which account for 40% and 60% of unit sales respectively
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|$577.50 |$1732.50 |$2310 | QUESTION 2: How much is Arrow’s GROSS MARGIN before the Express Proposal? (Please show how you calculate it) Is it higher than the goal of 15%? Gross margins on BAS products 20-25%‚ assume 22.5% for calcs Gross margins on VA products 10-15%‚ assume 12.5% for calcs |BAS Product |22.50% |$867 |
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CHAPTER 16 COST ALLOCATION: JOINT PRODUCTS AND BYPRODUCTS 16-1 Exhibit 16-1 presents many examples of joint products from four different general industries. These include: Industry Separable Products at the Splitoff Point Food Processing: • Lamb • Lamb cuts‚ tripe‚ hides‚ bones‚ fat • Turkey • Breasts‚ wings‚ thighs‚ poultry meal Extractive: • Petroleum • Crude oil‚ natural gas 16-2 A joint cost is a cost of a production process that yields multiple products simultaneously. A separable
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meeting certain criteria when it came to their gross margin. They sought to increase their gross margin‚ currently sitting at 18%‚ to that of a more comfortable number of 20%. To combat this issue‚ Classic Knitwear decided to team up with Guardian‚ a producer of odorless repellant protection against bugs‚ and combine their fortes into a line of clothing infused with the bug repellant technology. These new products would hopefully to rise the gross margin to the 20% they were hoping to accomplish.
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51‚840 132‚000 46‚080 51‚840 Cost per bottle $0.85 $0.91 $0.86 $0.60 $1.60 $0.87 Selling price per bottle 1.05 1.5 1.4 1.05 1.5 1.4 Gross margin per bottle 0.2 0.59 0.54 0.45 -0.1 0.53 Gross margin per batch $105.6 $226.56 $233.28 $237.6 -$38.4 $228.96 Gross margin percentage 19.05% 39.33% 38.57% 42.86% -6.67% 37.86% Gross margin for each label $26‚400 $27‚187 $27‚994 $59‚400 ($4‚608) $27‚475 Question 3 Plant-wide allocation based Activity-based cost system Advantages
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per batch and per bottle for each beer label. 2. To find gross margin for each batch‚ we need to know how much they earn by selling one single beer. Use the information from Exhibit 1 and 2; we can know the total cost of each bottle of label. Take away the cost from the selling price‚ and it will give us the gross margin of selling one beer. Multiply the number to the “number of bottle in a batch”‚ to get the gross margin for a batch. 3. The benefits of using Plant-wide allocation
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