New heritage doll company’s: Capital budgeting In mid –September of 2010 emily harris‚ vice president of new heritage doll company’s production division‚ was weighing project proposals for the company’s upcoming capital budgeting meetings in October. Two proposals stood out based on their potential to strengthen the division’s innovative product line and driver future growth. However‚ due to constraints on financial and managerial resources ‚ harries knew it was possible that the firm’s capital
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1. Barbie dolls represent an idealized version of the American dream and lifestyle. The popularity and sales of Barbie dolls have diminished in recent years as a new competitor’s doll line‚ Bratz‚ has gained market share and recognition within Barbie’s original customer demographics. Mattel has recognized the importance of expanding distribution of Barbie dolls into European and Asian markets‚ as these populated regions contain a much larger potential customer base than the American market. Marketing
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161 $391.30 Packaging and Shipping 53‚000 350 $151.43 Product Cost Calculations – Chicago Plant (Based on March Production Data) Geoffrey Doll Geoffrey Doll Specialty Branded Doll # 106 Specialty Branded Doll # 106 Total Per Doll (if produce 7‚500) Total Per doll (if produce 4‚000 ) Direct Materials (Exhibit 3) $375‚000 $5 $24‚000 $6 Direct Labor (Exhibit 3) 225‚000 $3 15‚000 $3.75 *Plant Management (33333 of 225K) 11‚111
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types of dolls require different amounts of machine hours‚ setups‚ production runs‚ shipments‚ etc. By using ABC‚ different manufacturing overhead would be allocated to each type of doll‚ giving result to different contribution margins. The current costing system is good for Springfield plant as it manufactures just one product: cradles. 2. Calculate the cost of a Geoffrey doll‚ the specialty-branded doll #106‚ and a cradle using the cost study conclusions. Actual unit cost for Geoffrey doll = $15
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sfecialtydolts aie that earning large prnniumin priceoaer standard line. a our doll -Robert Parker‚President‚ G.G.Toys Background Robert Parker‚ president of G.G. Toys‚ was discussing last month’s operating results with Audrey Hausner‚ G.G.’s conkoller‚ and David Morehouse‚ G.G.’s manufacturing manager. The meeting was taking place in an atmosphere tinged with apprehension because margins on thelr most popular product‚ the "Geoffrey doll‚" had been declining rapidly in the last few years due to rising production
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of dolls require different amounts of machine hours‚ setups‚ production runs‚ shipments‚ etc. By using ABC‚ different manufacturing overhead would be allocated to each type of doll‚ giving result to different contribution margins. The current costing system is good for Springfield plant as it manufactures just one product: cradles. 2. Calculate the cost of a Geoffrey doll‚ the specialty-branded doll #106‚ and a cradle using the cost study conclusions. Actual unit cost for Geoffrey doll = $15
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Morse‚ J. M. & Johnson‚ J. L. (1991). The Illness Experience -Dimensions of Suffering. Sage Publications‚ London. Pearson‚ A. Vaughan‚ B. & Fitzgerald‚ M. (1996). Nursing models for practice. (2nd ed.). Butterworth-Heinemann‚ Oxford. Taylor‚ C. Lillis‚ C. & LeMone‚ P. (1993). Fundamentals of Nursing -The Art and Science of Nursing Care. (2nd ed.). Mosby‚
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decline in pre-tax margins of the Geoffrey doll‚ the costing system being used in the Chicago plant‚ how to efficiently use the excess materials and machinery used to create the reindeer doll for three months‚ whether or not to produce the “Romaine Patch” doll and the last being what caused an increase in sales in the Chicago plant in March 2000 despite a decrease in production. The first issue is the continuously declining pre-tax margins of the Geoffrey doll. This margin has dropped from 25% to 10%
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Kenneth Clark and wife Mamie Clark‚ they asked black children to choose between two dolls—a black doll and a white doll. The dolls were the same with exception for their skin color‚ most of the children thought that the white doll was the better doll. Within the research completed by Dr. Kenneth Clark and Mamie Clark also revealed that black children between the ages of six and nine selected the black doll as the bad doll. Another similar study administered by Clark’s there were three hundred children were
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Mattel said that the waist of the Barbie doll was made small because the waistbands of her clothes‚ along with their seams‚ snaps‚ and zippers‚ added bulk to her figure.[19] In 1997‚ Barbie’s body mold was redesigned and given a wider waist‚ with Mattel saying that this would make the doll better suited to contemporary fashion designs.[20][21] "Colored Francie" made her debut in 1967‚ and she is sometimes described as the first African American Barbie doll. However‚ she was produced using the existing
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