Classic Pen Activity-Based Costing Analysis Executive Summary By using the volume based costing system‚ Classic Pen appears to be profitable and making a good return on sales of blue‚ black‚ red‚ and purple pens. The percentage of return on sales of all four colors of pens seems to be no less than 17%. Once the traditional income statement is analyzed‚ the indirect costs are lumped together in the general cost pool titled “overhead”; these costs should be broken down into specific cost pools.
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Part A My essay will examine five ways of identifying a setting as inclusive. I work as a nanny in a sole charge role‚ in a family home. I work with a family of 3 children‚ one of the little girls has additional needs and she attends a special needs school. I will reflect on my life experiences and the course material within this essay and how this has influenced my understanding of inclusion. Inclusion is about feeling like you belong‚ being valued and feeling happy within the setting and the local
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The Indian paint industry - an overviewnews Paint is a mixture of four elements - 07 April 2007 file to cabinet attach label bookmark send to friends add note add to tracker print currency converter informachine tools Highlights • The Indian paint industry is a Rs 49 billion sector. • The demand for paints is relatively price-elastic but is linked to
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MOBILE ASSIGNMENT Name: - Devyani Shirke Elective: - Broadcast The Mobile Ecosystem service takes a holistic view of the “mobile industry ecosystem:- examines how events in the individual business segments impact the evolution of the “mobile” industryand leverages deep base of existing CA mobility analysis Media buyers’ under investment in mobile is a missed opportunity for publishers. But you don’t have to sit idly and wait for the mobile ad market to develop in full. There are other ways
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A study on working of Ball pen By Sunil kumar . S Std .X. A Nithin kumar. P.V Std. X. A Musamil . F.K Std IX. A Govt: Boys H.S.S .KARAMANA THIRUVANANTHAPURAM. Guide: Smt. Abida Beevi History of the Ballpoint Hungarian journalist Laszlo Biro was well aware of the problems with normal pens. Biro believed that the idea of a pen using a quick-drying ink instead of India ink came to him while visiting a newspaper. The newspaper’s
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Case Study: Classic Pen Company 1- Cost of production of the pens according to ABC method: INDIRECT FINGE BENEFICT INDIRECT LABOR TOTAL indirect Labor Indirect Labor Computer System Other Overhead Total overhead Quantity Overhear Rate 8‚000 20‚000 28‚000 Production Runs Setup Time Administration Run Machines 14‚000 11‚200 2‚800 8‚000 2‚000 14‚000 22‚000 11‚200 4‚800 14‚000 150 526 4 10‚000 146.67 21.29 1‚200.00 1.40 Total 28‚000 10‚000 14‚000 52‚000
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PARKER PEN COMPANY Background George Safford Parker founded Parker Pen Company in 1892 in Janesville‚ Wisconsin. It began with the production of his first fountain pen. Afterwards in 1894‚ Parker had its first major innovation; “the lucky curve” which consisted on reducing the leak caused in fountain pens. Parker’s first marketing approach was to produce high quality pens and make them become status symbols; Parker pens were signer’s favorite‚ giving the company the first or second position
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Background: Parker Pen Company it’s an expert‚ traditional and well known fine writing instruments manufacturer based in Janesville‚ Wisconsin. Its founder‚ George Safford Parker‚ initiated the company’s history back in 1889 with the fountain pen patent‚ which would enable him three years later (1892) officially give birth to Parker Pen Company. In the earlier years of its existence‚ the company worried to reinforce its expertise in fine writing instruments manufacture‚ so that in 1920’s it was
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THE CLASSIC PEN COMPANY Activity Based Costing case study Topics • About The Classic Pen Company • Issues • ABC introduction at TCPC • Managerial implications • Recommendations School of Business and Economics - Opleiding tot Registercontroller (EMFC) About • Classic Pen Company is a low cost provider of traditional BLUE and BLACK pens • High profit margins (over 20% of sales) • Cost allocated on basis of traditional cost price method • Introduction of new colors (RED and PURPLE
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Principles of Managerial Accounting 70-255-04 Classic Pen Company: Developing an ABC Model Submitted to: Peter Roth Submitted by: Jessica Bodnar 104042988 October 21st‚ 2014 Classic Pen Company are a low-cost producer of traditional blue and black pens. By adding red and purple pens they could add a 3% and 10% premium‚ respectively. Making the red and purple inks were more complicated but seemed more profitable‚ however their overall profit margins were going down
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