Apple Inc. is an American multinational corporation headquartered in Cupertino‚ California that designs‚ develops‚ and sells consumer electronics‚ computer software‚ and personal computers. Its best-known hardware products are the Mac line of computers‚ the iPod‚ the iPhone‚ and the iPad. Its software includes the OS X and iOS operating systems‚ the iTunes media browser‚ the Safari web browser‚ and the iLife and iWork creativity and production suites. The company was founded on April 1‚ 1976‚ and
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company can allocate the costs incurred in the production of products or services in either a direct or an indirect manner. The direct costs can be defined as being the amount materials actually cost plus any other directly linked costs‚ such as labor‚ materials‚ electricity‚ labor for employee and management‚ machine depreciation) Production materials‚ machine or assembly wages. Labor and wages – the cost of obtaining‚ training and retaining labor is a significantly high cost which must be allocated
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decision-making authority to an agent. An example of such a relationship is when the owner of a company delegates the decision-making authority to the manager. The costs of divergent behaviour that arises as a result of the agency relationship are referred to as agency costs. Furthermore‚ Watts and Zimmerman (1978) developed the theory of positive accounting which is focused on the assumption that ‘all individual action is driven by self-interest and that individuals will act in an opportunistic manner to increase
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Fundamentals of Cost and Management Accounting Part Four: Allocation of Support Department Costs‚ Common Costs and Revenues Exercise No. 4 الاسم: الرقم الأكاديمي: رقم الشعبة: Choose the best answer for every question of the following questions: 1) Max’s Movie Store encounters revenue-allocation decisions with its bundled product sales. Here‚ two or more of the movie videos are sold as a single package. Managers
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discuss options that would be good for Futronic‚ Inc. in reducing cost for the business. We will look at outside sourcing for some of the in-house services. We will discuss keeping the business in house and look to outsource some of the units. The benefits of outsourcing will not only save our business money‚ it can help us grow and hire more local employees with the money we save. What are the main reasons people outsource? * Lower worker costs * Ability to concentrate on core functions
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Apple Inc. 1. How has Apple performed in the PC industry? What is your evaluation of its performance in the PC business? Apple‚ like many successful companies‚ has gone through the business lifecycle multiple times. Apple went from introduction in Steve Job’s garage to a steep decline into near bankruptcy. The have most recently rode a new wave of growth and are now sitting in a mature stage as the most one of the most highly valued publicly traded companies. Apple has continued to be a laggard
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liabilities of the company‚ and they determine how the company is performing with their liquid finances. Leverage ratios deal with the company’s debt‚ and how they affect performance. Activity ratios deal with a company’s inventory and collection period‚ determining how well a company is able to turn over inventory and collect debts. The other important measures of financial performance include information on dividends‚ common stock‚ and cash flows (**Use the text book citation here). Profitability
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Introduction: The basic objective of accounting is to provide information that is useful in making business and economic decisions. What makes accounting information useful for decision-making? The answer is however the accounting information confirms to the qualities that should be possessed by the financial and cost & Managerial reporting. In view and addition to this‚ the importance of strategic cost management and costing techniques like Activity based costing should not be underestimated. This
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Apple and Samsung are now on the top of mobile phone industry in the world excluding htc and other smart phone brands. Analyzing the strategies of each company to pick which one is the best in management and also‚ the way they motivate employees of the companies would be difficult. Those points would be broken down in this essay. Apple Inc.’s business strategy is more on differentiation. They wanted to be different from the other mobile phone companies. Apple Inc. wanted a different software and
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Apple Learning Team D BIS 320 04/14/2014 Greg Chavarria Apple Apple Inc. is a consumer’s electronics company that was first founded by Steve Jobs‚ Ronald Wayne and Steve Wozniak on April 1‚ 1976 in Cupertino‚ CA. Apple Inc. is known for designing innovative and cutting edge consumer electronics‚ software‚ applications‚ phones‚ and personal computers etc. What makes Apple successful is how the founders are able to keep up with technology without sacrificing the company objectives. Their products
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