Memo To: Ms. Ramos From: DOraimi Subject: 2012 Income Correction Date: 01/20/2014 You believe that the $1 million overstatement of the 2011 ending inventory has no impact on 2012’s reported income‚ because 2012 ending inventory is correct. In this memo‚ I will explain how the overstatement in 2011 ending inventory affects 2012’s reported income. Based on the formula “Cost of good sold= Beginning inventory + Inventory purchased – Ending inventory”‚ the cost of good sold during
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CASE #4: G.G. Toys 1. Do you recommend that G.G. Toys change its existing cost system in the Chicago plant? In the Springfield plant? Why or why not? G.G. Toys should change its existing cost accounting system from traditional costing to activity-based costing (ABC) in the Chicago plant as it is allocating its entire manufacturing overhead on the basis of just one cost driver: production run direct labor cost. Since overhead at the Chicago plant is high‚ accurate cost accounting system is required
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Toys have always played an important role in the growth and development of a child. Many of today’s leading toy manufacturers have designed toys for children of specific age groups. This is an advantage to one who is selecting a child’s toy. In the past‚ toys were mainly used to keep a child entertained. In recent years‚ how ever‚ more emphasis is being placed upon the use of educational toys. In this society‚ where children are learning more rapidly that children of the past learned‚ it is
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MEMO Date: February 17‚ 2014 To: Information and Communications Technology Center (ICTC) From: Janselle Myles Laragan‚ Nino Abenojar‚ Nicole Fenol‚ Rolex Dimapilis‚ Benjamin Seo Subject: IKOT La Salle Tracker Introduction and Recommendation In the past 6 years of implementing a jeepney transportation or also known as Ikot La Salle is very helpful in the University. Walking inside the campus in 27 hectares is not appropriate; students‚ faculty‚ and also visitors can ride in Ikot La Salle
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million). But the Woodstream Corporation is willing to acknowledge that the Victor snap trap outsells all other American mousetraps combined —including its own less popular models and those of sixty other U.S. mousetrap manufacturers—by a ratio of roughly two to one. When manufacturers found that women buy most traps‚ slogans got gentler: “Mouse dies peacefully.” But Woodstream’s study contained another surprise. While it showed‚ as long suspected‚ that it is almost always the man of the house who
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Toy World Inc Company Background: Toy World‚ Inc. was founded in 1973. Toy World is a manufacturer of plastic toys for children. In the past‚ the company’s production schedules had always been highly seasonal‚ which reflected the seasonality of its sales. In‚ January 1997‚ the president and part owner of Toy World‚ Inc. began considering a proposal to adopt level monthly production for the coming year. The production manager speculated that about $265‚000 in savings would result from level
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Table of contents Introduction 2 Aim‚ objectives‚ rationale 2 List of criteria 4 Detailed assessment of The Toy 8 Physical development: Wellbeing 8 Intellectual development: Exploring and thinking 9 Language development: Communication 10 Emotional development: Identity and belonging‚ and communication 10 Social development: Identity and belonging‚ and communication 11 Detailed assessment of the role of the adult 12 Evaluation 13 Conclusion 13 Recommendations 14 References 15
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Mattel Toys Thesis: This is a rhetorical analysis of the response strategies employed by Mattel during the recall crisis. This decision would come back to haunt the toy manufacturer in the summer of 2007. Understanding how trust is built‚ support and recovery are a critical competency for any organization‚ particularly for those who take their ethical values and commitments seriously. Since an organization’s reputation is built on its trustworthiness that can take a long time and require considerable
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University Hospital Memo To: Pat Rowe‚ Vice President From: Yilin Zhang CC: Jon M. Werner Date: 5-Nov-13 Re: Technology Training Recommendations With the development of medical science and medical technology‚ high-tech medical devices‚ which come out constantly‚ help caregivers stay informed about new equipment and principles of work performance‚ safe use of new equipment‚ and other issues that are increasingly prominent. Meanwhile‚ the poor attitude of staff during training is also a big
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Critique of a toy Introduction It is extremely important to make sure that the toys your children play with follow the recommended safety standards and guidelines. Toys have been a part of almost everyone’s life‚ especially for kids. In the past‚ choosing the toys for kids was just a very easy task to do but at present‚ things are completely different. If you have seen on the televisions or read on newspapers‚ there are a lot of toys that have been recalled‚ confiscated and banned because they
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