to regular customers. The following per unit data apply for sales to regular customers: Direct materials $455 Direct labor 300 Variable manufacturing support 45 Fixed manufacturing support 100 Total manufacturing costs 900 Markup (60%) 540 Targeted selling price $1440 Grant’s Kitchens has excess capacity. Ms. Wang wants the cabinets in cherry rather than oak‚ so direct material costs will increase by $30 per unit. 72. For Grant’s Kitchens‚ what is the minimum acceptable price
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Winsome Manufacturing Company I am the manager of a firm that produces plastic storage containers for sale at home events. We will be introducing a new multiple container system to which will require minimal storage space in ones home. This product thus opens a sales channel market‚ allowing for additional add on products and to generate new revenues. The product is scheduled to be introduced in nine months during the first quarter of the new fiscal year. The new project requires participation from
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Geiger‚ owns a small retail store that sells candies and nuts. Geiger acquires her goods from a few select vendors. She generally makes purchase orders by phone and on credit. Sales are primarily for cash. Geiger keeps her own manual accounting system using a general journal and a general ledger. At the end of each business day‚ she records one summary entry for cash sales. Geiger recently began offering items in creative gift packages. This has increased sales substantially‚ and she is now
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Wireless Network Types Summary Tables (Week 9) Associate Program Material Appendix H Wireless Network Types Summary Tables Complete the Week Nine Capstone CheckPoint by filling in the summary tables below. These tables will help you summarize wireless network types. Wireless Personal Area Network (WPAN) |Maximum transmission distance |10 meters or 33 feet | |Two current applications of WPANs |PDAs and Smart Phones‚ even tablets using Bluetooth connections. | | |Laptops and Netbooks using
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Rich Manufacturing Saint Leo University MBA 540 Sep 8‚ 2011 Why do many firms use cost-plus pricing for supply contracts? Firms use cost-plus pricing in order to cover their operating costs. Cost-plus means they can increase the price to their customers with whom they have contracts when the operating costs rise. Operating costs can rise for many reasons and cost-plus pricing allows firms the flexibility to manage operating costs. This flexibility is often needed when the price
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Running Head: Riordan Human Resources Riordan Human Resources Learning Team B University of Phoenix BSA 502 May 22 2009 Riordan Human Resources Riordan Manufacturing‚ Inc is an industry leader in the field of plastic injection molding and employs 550 individuals throughout its plants in the USA and China. Its products include plastic beverage containers produced at its plant in Albany‚ Georgia‚ custom plastic parts produced at its plant in Pontiac‚ Michigan‚ and plastic fan parts
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new‚ fresh and clean pastries that are really mouth- watered. This good reputation shall be maintained and New Leaf shall also provide services in order to strengthen their relationship with the customers. II. MARKET RESEARCH A. PRODUCT a) Manufacturing Process New Leaf practices modern baking processes to make production faster. The first process in baking is the gathering of ingredients. The
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on Magnet materials • Alnico Magnets Alnico magnet alloy is largely comprised of Aluminum‚ Iron‚ Cobalt and Nickel. Alnico is a moderately expensive magnet material because of the Cobalt and Nickel content. Alnico magnet alloy has high maximum operating temperature and a very good corrosion resistance. Some grades of Alnico alloy can operate upwards of 1000C. Magnets made with this alloy are available in a variety of grades and dimensions and they are usually cast. Alnico magnet material is an older
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review performance v. The client’s internal control The second standard of fieldwork requires that the auditor obtain a sufficient understanding of the entity and its environment‚ including internal control‚ in order to assess the risk of material misstatements. The auditor should assess the inherent risk factors about the client by learning about the industry‚ regulations‚ etc as listed above. The auditor should also try to assess the control risk factors. Were transactions subject to management
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Why might it be difficult to develop a manufacturing cell? Support your answer with examples. Cellular manufacturing is a manufacturing process that produces families of parts within a single line or cell of machines operated by machinists who work only within the line or cell. A cell is a small scale‚ clearly-stated production unit within a larger factory. This unit has full responsibility for producing a family of like parts or a product. All necessary machines and manpower are enclosed within
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