Question1: Discuss the importance of referencing to academics‚ especially to university students. [30] The phrase‚” there is nothing new under the sun”‚ has become very common in this modern day and age that we now live in. it shows that brand new ideas and invention are now a thing of the past. Our main focus now lies on re invention and innovation‚ which can only be based upon an already existing idea. This is where the idea of referencing comes in to play especially when it comes to academic
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Question 1 (Part A) The German did not welcome the Google Street View as they treated it as an offensive action. They think it was violating the privacy of people as the camera-equipped car may accidently captured the actions of public citizens. Furthermore‚ the Germany`s federal minister request Google to ask for the consent of each citizens before the photos are posted on the Internet. Others suggested Google to use software to erases people from the street view or charging Google for
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1. What caused the existing system at ETO to fail? According to information from the case‚ the existing system at ETO failed largely due to the single cost pool accounting system where all products consume direct labour and overhead in the same proportion. However‚ some products require more direct labor hours‚ while others are produced using automated machine operation. The trend of direct labor obsolescence also biased the calculation rate; hence‚ overall product cost assessment is misleading
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Seligram Inc. 1. The existing system at ETO began to fail because direct labor hours per lot began to decrease due to vendor certification. Vendors would do the primary testing and ETO would only be required to test a small sample of each lot to verify the results were valid. In the marketplace‚ ETO’s prices were lower than outside competition for testing complex parts‚ yet the prices were higher for elementary testing. Another important factor to consider is that engineering support increased
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PREGUNTAS DE PREPARACION CASO SELIGRAM INC. ¿Cuáles son las causas para que el actual sistema (ETO) presente fallas? El sistema de contabilidad de costos actual se basa en una tasa estándar cuya base de asignación (costdriver) es la Mano de Obra directa. La empresa ha sufrido cambios en los cuales la mano de obra ha disminuido su participación en la producción; actualmente existe una mayor participaciciónde mano de obra indirecta y la empresa ha adquirido nuevos equipos para automatizar
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Case 3: Seligram‚ Inc. Group: Question 2: (a) Burden on labor cost basis Product DL $ Burden =145% *DL $ Total ICA 917.00 1329.65 2246.65 ICB 2051.00 2973.95 5024.95 Capacitor 1094.00 1586.30 2680.30 Amplifier 525.00 761.25 1286.25 Diode 519.00 752.55 1271.55 (b) Burden on two cost pools basis Proposed by MA Burden on MH Total cost Product DL $ Burden =DL $*20% 80$/MH ICA 917.00 183.40 1480 2580.40 ICB 2051.00 410.20 3200 5661.20 Capacitor 1094
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Seligram Case Study Presented To: Dr. Khaled Hegazy Presented By: Mona Abdallah Student ID: 131239 Question 1: What caused the existing system at ETO to fail? The existing cost system failed because of four main reasons. 1-The existing cost system is related to direct labor hour. One cost pool used for cost allocation under assumption: All product lots use direct labor and Overhead in the same proportion. 2- Cost system doesn’t match the complex business model. 3- New trends in
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HLTAP301B QUESTIONS Written / Oral Questions 1There are a number of systems in the human body. Name 4 and briefly describe each system and its function in a healthy body. Skeletal system- Makes up the framework of body and allows us to move when our muscles contract. It stores minerals (ex. Calcium‚ phosphorous) and releases them into the body when they are needed. The skeletal system also protects internal organs and produces blood cells. Cardiovascular system- delivers oxygen‚ hormones‚ nutrients
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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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Question 1 There are mainly three factors leading to the failure of the existing system at ETO. First‚ there has been a steady decline in direct labor hours per lots and fewer test lots. Such a decline is mainly due to an increased dependence on vendor certificate‚ which is a key component of JIT delivery. Number of tests being done by ETO reduces because the suppliers did the testing by themselves. Second‚ there is a shift from simple inspection services to broader-based test technology. Although
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