Crystal Lattice produces exercise mats and has spare annual capacity of 2,000 mats. Resteasy hotel chain placed a one-time order for 3,000 mats at $90 per mat instead of the normal $100 price. Accepting the order would earn a contribution margin of $50 per mat compared to $60 normally, for a net benefit of $70,000 after factoring in the $20,000 cost of an embossing machine needed for the order. Qualitative factors like reactions from other customers and Resteasy's potential as a long-term customer should also be considered before accepting the order.
The Chinese market is an obvious source of inspiration, talent, and opportunity for Australian businesses. But tackling such a complex market needs considerable context, insight, and cultural understanding.
At ThoughtWorks Live Australia 2016, Angela Ferguson and Hu Kai shared stories and learnings around the level of upfront preparation, commitment, and assessment needed to ensure the best chance of success in the Chinese market.
The Chinese market is an obvious source of inspiration, talent, and opportunity for Australian businesses. But tackling such a complex market needs considerable context, insight, and cultural understanding.
At ThoughtWorks Live Australia 2016, Angela Ferguson and Hu Kai shared stories and learnings around the level of upfront preparation, commitment, and assessment needed to ensure the best chance of success in the Chinese market.
Discuss at least two ways that you can help to control what inform.docxduketjoy27252
Discuss at least two ways that you can help to control what information is readily available about you to anyone, including employers on the Internet.
Principles of Accounting II
1. (Ignore income taxes in this problem.) Gull Inc. is considering the acquisition of equipment
that costs $570,000 and has a useful life of 6 years with no salvage value. The incremental
net cash flows that would be generated by the equipment are:
Incremental net cash flows
Year 1 $148,000
Year 2 $204,000
Year 3 $153,500
Year 4 $170,500
Year 5 $160,500
Year 6 $139,500
If the discount rate is 10%, the net present value of the investment is closest to: (Use exhibit11b-
1, exhibit11b-2)
rev: 12_14_2012, 12_21_2012
$406,000
$262,884
$143,116
$713,116
2.
Jerston Company has an annual plant capacity of 3,000 units. Data concerning this product are given
below:
Annual sales at regular selling
prices
2,800 units
Manufacturing costs:
Variable $ 26 per unit
Fixed (annual) $ 74,500
Selling and administrative
expenses:
Variable (sales commissions) $ 9 per unit
Fixed (annual) $ 17,000
The company has received a special order for 200 units at a selling price of $60 each. Regular sales
would not be affected, and sales commissions on the 200 units would be reduced by one-third. This
special order would have no impact on total fixed costs.
Required:
a. Determine the net advantage (disadvantage) for the special order. (Input the amount as a positive
http://ezto-demo.mhecloud.mcgraw-hill.com/servlet/TestPilot4/laserwords2/13357912481508611.tp4/exhibit11b-1.jpg
http://ezto-demo.mhecloud.mcgraw-hill.com/servlet/TestPilot4/laserwords2/13357912481508611.tp4/exhibit11b-1.jpg
http://ezto-demo.mhecloud.mcgraw-hill.com/servlet/TestPilot4/laserwords2/13357912481508611.tp4/exhibit11b-2.jpg
value.)
(Click to select)
$
b. The company should accept the special order.
Yes
No
3. Coakley Beet Processors, Inc., processes sugar beets in batches. A batch of sugar beets
costs $52 to buy from farmers and $14 to crush in the company's plant. Two intermediate
products, beet fiber and beet juice, emerge from the crushing process. The beet fiber can
be sold as is for $30.00 or processed further for $19.00 to make the end product industrial
fiber that is sold for $39.00. The beet juice can be sold as is for $47.20 or processed
further for $33.04 to make the end product refined sugar that is sold for $78. How much
profit (loss) does the company make by processing the intermediate product beet juice
into refined sugar rather than selling it as is?
$(68.24)
$(26.04)
$(16.24)
$(2.24)
4.
The Litton Company has established standards as follows:
Direct material: 3 pounds per unit @ $5..
Discuss at least two ways that you can help to control what inform.docxduketjoy27252
Discuss at least two ways that you can help to control what information is readily available about you to anyone, including employers on the Internet.
Principles of Accounting II
1. (Ignore income taxes in this problem.) Gull Inc. is considering the acquisition of equipment
that costs $570,000 and has a useful life of 6 years with no salvage value. The incremental
net cash flows that would be generated by the equipment are:
Incremental net cash flows
Year 1 $148,000
Year 2 $204,000
Year 3 $153,500
Year 4 $170,500
Year 5 $160,500
Year 6 $139,500
If the discount rate is 10%, the net present value of the investment is closest to: (Use exhibit11b-
1, exhibit11b-2)
rev: 12_14_2012, 12_21_2012
$406,000
$262,884
$143,116
$713,116
2.
Jerston Company has an annual plant capacity of 3,000 units. Data concerning this product are given
below:
Annual sales at regular selling
prices
2,800 units
Manufacturing costs:
Variable $ 26 per unit
Fixed (annual) $ 74,500
Selling and administrative
expenses:
Variable (sales commissions) $ 9 per unit
Fixed (annual) $ 17,000
The company has received a special order for 200 units at a selling price of $60 each. Regular sales
would not be affected, and sales commissions on the 200 units would be reduced by one-third. This
special order would have no impact on total fixed costs.
Required:
a. Determine the net advantage (disadvantage) for the special order. (Input the amount as a positive
http://ezto-demo.mhecloud.mcgraw-hill.com/servlet/TestPilot4/laserwords2/13357912481508611.tp4/exhibit11b-1.jpg
http://ezto-demo.mhecloud.mcgraw-hill.com/servlet/TestPilot4/laserwords2/13357912481508611.tp4/exhibit11b-1.jpg
http://ezto-demo.mhecloud.mcgraw-hill.com/servlet/TestPilot4/laserwords2/13357912481508611.tp4/exhibit11b-2.jpg
value.)
(Click to select)
$
b. The company should accept the special order.
Yes
No
3. Coakley Beet Processors, Inc., processes sugar beets in batches. A batch of sugar beets
costs $52 to buy from farmers and $14 to crush in the company's plant. Two intermediate
products, beet fiber and beet juice, emerge from the crushing process. The beet fiber can
be sold as is for $30.00 or processed further for $19.00 to make the end product industrial
fiber that is sold for $39.00. The beet juice can be sold as is for $47.20 or processed
further for $33.04 to make the end product refined sugar that is sold for $78. How much
profit (loss) does the company make by processing the intermediate product beet juice
into refined sugar rather than selling it as is?
$(68.24)
$(26.04)
$(16.24)
$(2.24)
4.
The Litton Company has established standards as follows:
Direct material: 3 pounds per unit @ $5..
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
VAT Registration Outlined In UAE: Benefits and Requirements
Acc topic 5
1. Topic 5
Chapter 12
Costing in an entity
Discussion Questions
Problems
P12.4 Special order with no spare capacity
Crystal Lattice produces exercise mats for use in fitness centres.
Production capacity is 20 000 mats per year. Due to a chain of fitness
centres closing, Crystal Lattice now has spare capacity of 2 000 mats per
year. An international hotel chain, Resteasy, has recently contacted
Crystal Lattice to place a one-off order for 3000 mats. The hotel chain
has recently remodelled a number of its hotels to incorporate fitness
centres for guests.
• Budgeted costs for 20 000 mats are:
• variable manufacturing costs $800 000
• fixed manufacturing costs $900 000.
Mats normally sell for $100 each, and Resteasy has offered to pay $90
per mat. Resteasy has also requested that each mat be embossed with its
company logo. An embossing machine costing $20 000 would therefore
need to be purchased by Crystal Lattice. The machine could not be used
for other products.
Required
a. From a financial perspective, should Crystal Lattice accept the
special order? Show calculations.
b. What other factors should be considered before the order is
accepted?
12.1
2. (a) Analysis of special order
Production capacity 20 000 mats per year
Idle capacity 2000 mats
Special Order for 3000 mats from Resteasy Hotel Chain
Variable Manufacturing Costs $800 000 / 20 000 mats = $40 per mat
Contribution Margin:
Normal Sales Special Order
Sales Price $100 $90
Variable Costs 40 40
Contribution Margin $ 60 $50
Benefit of Special Order
3000 units × $50 $150 000
Less incremental fixed cost (20 000)
$130 000
Opportunity Cost
1 000 units × $60 60 000
Net benefit of special order $70 000
Comment: From a financial perspective, Crystal Lattice should accept the
special order.
b. What other factors should be considered before the order is
accepted?
Qualitative Factors
• Reaction of other customers if they find out that Resteasy is paying a lower price
per mat
• Potential of Resteasy to be a long term customer paying normal sales price.
12.2
3. Chapter 12: Costing in an entity
P12.6 Make or buy?
The management of SouthPak Company has asked for your assistance in
deciding whether to continue manufacturing a part or to buy it from an outside
supplier. The part, called AlphaB, is a component of SouthPak’s finished
product. An analysis of the accounting records and the production data revealed
the following information for the year ending June 2008:
1. The production department produced 72000 units of AlphaB.
2. Each unit of AlphaB requires 20 minutes to produce. Six people in
the production department work full-time (4000 hours each per
year) producing AlphaB. Each person is paid $12 per hour.
3. The cost of materials per AlphaB unit is $4.
4. Manufacturing costs directly applicable to the production of
AlphaB are:
All of the above costs will be eliminated if AlphaB is purchased.
5. The lowest price for AlphaB from an outside supplier is $8 per
unit. Delivery costs will be $0.80 per unit, and a part-time dispatch
employee at $17 000 per year will be required.
6. If AlphaB is purchased, the excess space will be used to store
SouthPak’s finished product. Currently, SouthPak rents storage
space at approximately $1.60 per unit stored per year.
Approximately 9000 units per year are stored in the rented space.
Required
Should SouthPak make or buy the part? Show all calculations.
12.3
4. Alpha B – total production is 72 000 units – (how is this determined):
Total hours available = 24 000 hrs (6 people × 4000 hrs each)
= 24 000 h × 60 m = 1 440 000 minutes / 20 minutes per product = 72 000 products
Comparative cost statement
Costs Make Buy
Direct Labour (24 000 hrs × $12) $288 000
Direct Material (72 000 units × $4) $288 000
Purchase Costs (72 000 × $8) $576 000
Delivery costs (72 000 × 0.80) $57 600
Part-time dispatch employee $17 000
Savings in storage space (9000 units × $1.60) ($14 400)
Fixed Costs (Total) $23 600 -
Total Costs $599 600 $636 200
Additional costs to outsource $36 600
Comment: SouthPak should make the part.
12.4
5. Chapter 12: Costing in an entity
P12.7 Saguaro Systems produces and sells speakers and CD players. The
following information about the costs related to the systems has been
collected:
Saguaro normally produces 25 000 of these systems per year.
The managers have recently received an offer from a Mexican company
to buy these systems for $48 each. The managers estimate that $260 000
of Saguaro’s fixed costs could be eliminated if it accepts the offer.
Required
a. Perform a quantitative analysis for the decision
b. Identify as many uncertainties as you can for this decision.
c. Prepare a brief report to management on your recommendations.
12.5
6. a. Perform a quantitative analysis for the decision
Comparative cost statement
Costs Make Buy
Direct materials (25 000 × $22) $550,000
Direct Labur (25 000 × $16) $400,000
Variable Overhead (25 000 × $2) $ 50,000
Fixed Overhead $360,000 $ 100,000
Purchase Price (25 000 × $48) $1 200 000
Total Costs $1 360 000 $1 300 000
$60 000 benefit to outsource
b. Identify as many uncertainties as you can for this decision.
1. The estimate of fixed cost savings — if this is understated then the outsourced
option is more financially attractive, if overstated then the opposite
2. Guarantee of supply for the time period needed by Saguaro
3. The quality of the product and whether it will match Saguaro’s production quality
4. The contract price of $48. What is the likelihood of this increasing in the near
future?
c. Prepare a brief report to management on your recommendations.
The report to management will focus on the findings of the financial analysis (part a)
and discuss the uncertainties identified in part (b) above.
12.6