1. Describe in words how costs are assigned in the Wilkerson’s current costing system. Discuss the pros and cons of this system. Wilkerson uses a simple traditional cost accounting system in which each unit of product is charged for direct material‚ direct labor and overhead costs. Material cost is based on the prices paid for component under annual purchasing agreements. Labor cost is charged to products based on the standard run times for each product. Labor rates‚ including fringe benefits
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COPYRIGHT MATERIAL M-Tel Call Centre data: What does it tell us? In May 2009‚ Esther Ching is three months into her role as manager of the complaints section of a call centre‚ located in India. The call centre is owned and run by M-Tel‚ a Malaysian telco company. Her section handles all billing complaints and service difficulties. The main products are landlines‚ mobile telephones and internet access. She is required to present a report about the performance of her section‚ as part of the regular
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address: sasmith@uh.edu Website: www.bauer.uh.edu/ssmith (access directly or thru Blackboard Learn) Dept. Fax: (713) 743-4940 Required Text: The UH Customized Version of Essentials of Modern Business Statistics (With Microsoft Excel)‚ 5th edition‚ by Anderson‚ Sweeney‚ and Williams. Grading Scale: 90 and up A 62-64.9999 D+ 85-89.9999 A- 58-61.9999 D 82-84.9999 B+ 55-57.9999 D- 78-81.9999 B 54.9999 and below F 75-77.9999 B- 72-74.9999 C+ 68-71.9999 C 65-67
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9001:2008 Certified Institute (Indian Standard Organization(ISO) Certificate Number:2071-QMS-1071) Email id: hsbsolutions7@gmail.com website:www.hsbsolutions.jimdo.com Ph: 9210846949 / 9717925135 Physics: Chapter 2 Solutions Last 15 years questions with solutions Topic: Strength of Solution Q.1Discuss the effect of Temperature on Solubility of solids in Solvent. AnsThe solubility of solid in a liquid solvent generally increases with increase in temperature of the solvent. Very rarely some neutral
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My family and I have always loved are camping trips‚ especially the ones the take us deep into the depths of the Sierra Nevada mountians. There’s a very unique and beautiful camp ground near Mammoth Lakes called Devils Postpile. My is it beautiful‚ two gigantic crystal clear lakes‚ wildlife sites that could easily be posted in any National Geographic magazine‚ and trout that have enough meat on their bones to suvive in the deepest of any ocean. One little problem I always have
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CHAPTER 5 Merchandising Operations and the Multiple-Step Income Statement ANSWERS TO QUESTIONS 1. (a) Disagree. The steps in the accounting cycle are the same for both a merchandising company and a service company. (b) The measurement of income is conceptually the same. In both types of companies‚ net income (or loss) results from the matching of expenses with revenues. 2. The components of revenues and expenses differ as follows: | | Merchandising | | Service | RevenuesExpenses
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How to create a Histogram in Excel First‚ the Data Analysis "toolpak" must be installed. To do this‚ pull down the Tools menu‚ and choose Add-Ins. You need to have a column of numbers in the spreadsheet that you wish to create the histogram from‚ AND you need to have a column of intervals or "Bin" to be the upper boundary category labels on the X-axis of the histogram. See example of spreadsheet below: Pull Down the Tools Menu and Choose Data Analysis‚ and then choose Histogram and click
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Answer 1. SWOT analysis of The Fashion Channel The Fashion Channel (TFC) is a 24*7 cable TV network which is exclusively dedicated to fashion. It was found in 1996 and since then it has been witnessing continuous upswing. According to an annual demographic survey‚ TFC is having approximately 110 million subscribers of cable & satellite television. But‚ due to increasing competition with other fashion channels‚ it is in the need for developing a modern and updated brand strategy. SWOT analysis
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Q3. What are the prospects for the industry going forward? 1.Though the average level of profitability in the pharmaceutical industry has been declining over time (In 2002‚ the average ROIC in the industry was 21.6%; by 2006‚ it had fallen to 14.5%)‚ historically‚ the pharmaceutical industry has been a profitable one. Because- Name of industry | Average ROIC(Between 2002 and 2006) | Pharmaceuticals | 16.45%(large) | computer hardware | 12.76% | Electronics | 3.88% | 2. The prospect
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Destin Brass Products Problem: - The Company is producing 3 major products – Valve‚ Pump and Flow Controller. The Company is concerned about the price cutting of Pumps going on in the market every month. It is also surprised to see no change in sales of Flow Controller despite 12 ½% increases in prices. Current Scenario: - Currently it is using traditional accounting system‚ Unit of product is charged for material cost‚ labor cost (standard time for labor times the labor pay rate $16 per hour)
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