Classic Pen Case

ACC 341 Classic Pen Case Assignment You should hand in one page of analysis and two sets of supporting calculation. The first supporting calculation is an ABC system for Classic Pen, constructed by filling in the blanks in the following table. First allocate the total expenses in each row to the various activities, based on information in the case. Then choose a cost driver and calculate the rate per unit of the cost driver. Activities Schedule & Handle Production RunsSet up MachinesKeep Product RecordsRun MachinesTotal Expenses Indirect labor & related fringes14,00011,2002,800$28,000* Computer systems$8,000$2,000$10,000 Machinery8,000$ 8,000 Maintenance4,000$ 4,000 Energy2,000$ 2,000 Total activity costs22,00011,2004,80014,000 52,000 Cost driver# of runsSetup timeDL HoursMachine Hours Total quantity of cost driver150 runs (Exhibit 2)526 hours200010,000 Allocation rate per unit of cost driver146. 6721. 292. 401. 40 *This includes half of the $16,000 fringe benefits. The other half is associated with direct labor – don’t forget to include it in your ABC income statement! The second supporting calculation is an ABC income statement showing sales revenue minus each type of direct and indirect cost assigned to the four pen types. Add two lines at the bottom of the income statement: one line shows the operating profit per unit for each type of pen based on your ABC calculations, and the other line shows the operating profit per unit based on the traditional-income calculations in Exhibit 1 of the case. The analysis consists of answers to the following questions (about one-half page each). a)Your ABC analysis should show that purple pens are very unprofitable, while blue pens earn most of the factory’s profits. One of the managers at Classic Pen questions your analysis, saying, â€Å"I can’t believe there’s that much difference in profit per unit between the blue and purple pens. Purple pens sell for ten cents more than blue pens, and material costs are only five cents higher. Labor and machine-hour costs are exactly the same, setup time per run is the same, and we only do twelve production runs for purple pens, compared to 50 for blue pens. So how can the profits be that different? Write a paragraph explaining why per-unit profit is so much lower for purple than for blue pens. In the traditional income statement, overhead costs and indirect labor costs were not linked to the specific products that used them in the process of producing them. They were simply allocated to each uniquely colored pen by the amount of sales they generated, which didn’t take into account the amount of money and time that was spent on making them. This caused direct labor costs to be spread out among the products, regardless of how much the cost of producing them was. In the second income statement that was created in the problem, instead of basing these costs on sales they were based upon certain drivers, such as the number of runs and the amount of time preparing the machine and reports done for each product. This helped to allocate the costs of indirect labor and overhead specifically to the products that were using these resources, helping to give a more realistic picture of the revenue generated for a certain color pen versus the costs spent making them. The purple pens had high quality standards that they had to meet, which required a large amount of time spent on preparing the machines for their runs. It is this relatively large amount spent on indirect labor for purple pens, not the material costs, that causes them to turn such a lower profit than the blue pens. (b)The current overhead allocation rate at Classic is 300% of direct labor. A few years ago it was only about 200%. In the Bridgeton case we saw the overhead rate going up because products were dropped, and volume (and direct labor) went down while fixed overhead costs remained. But that is clearly not the case here! At Classic, new products have been added, and production volumes have gone up. If overhead costs are variable, the increase in volume and direct labor would increase total overhead costs but not the overhead rate. If overhead costs are fixed, the increase in volume and direct labor would leave total overhead costs unchanged and decrease the rate. So how can it be that the overhead rate has been increasing at Classic? Write a concise explanation. When Classic only had two different colored pens, overhead allocation rate was much lower because the number of direct labor hours making the products was lower than when the new products were added. As stated in the case, the amount of time spent on preparing the machines for producing the blue colored ink for pens was less demanding than that of purple or red. For the black colored ink used in the pens, the amount of direct labor spent preparing the machines was nearly non-existent because the vats didn’t need much cleaning out after switching from blue ink, as it did not really affect the quality of the ink color. By adding just two more ink colors, red and purple, the number of direct labor hours significantly increased, which also increased the overhead rate because production was largely increased. The additional colors increased the number of times the vats needed to be emptied out in order to make and produce all the different colors of ink, which added on to the direct labor hours. The red and purple inks also did not disguise residual ink left in the vat nearly as well as the black ink could, so not only were the emptying the vats more often, they were spending a great deal more time cleaning them out in order to meet the color quality standards needed in order to sell the pens.

Materials of Logistics in Management Essay Essays

Materials of Logistics in Management Essay Essays Materials of Logistics in Management Essay Essay Materials of Logistics in Management Essay Essay The efficiency of any fabricating administration depends on the handiness of constituent parts and stuffs in the proper measure. quality. monetary value. scope and clip. Failure in any of these countries increases costs and decreases net income every bit surely as outmoded production methods or uneffective merchandising techniques. This simple but obvious point has merely late come to be decently understood. This book presents the rules. methods and schemes that represent the modern attack to stuffs direction in all sectors of the economic system. In analyzing concern operations. the phrase â€Å"Value-added concept1? is frequently used to characterize the difference between the cost of constituent stuffs and the merchandising monetary value of the finished merchandise. This difference in value represents the alone part of each administration to the production procedure. Many companies produce component parts and stuffs for other houses fabricating specialized merchandises Remanded by the clients. On an norm. a fabrication house buys somewhat more than half of the rupee value of its gross revenues. In other words. the value added is typically less than 50 per cent of its gross revenues. Conversely. the mean company purchases stuffs valued at more than half of what it sells. Therefore. a firm’s net income is to a big extent determined by how efficaciously it procures and manages these stuffs. The organizational attack known as stuffs direction has gained cogency in recent old ages. Production and operations directors found it necessary to develop an organized organic structure of cognition related to be aftering. acquisition and use of stuffs in the procedure of production and it has resulted in the subject known as â€Å"mate-rials management† . All activities involved in conveying stuffs into and through the works are combined under one caput known as â€Å"materials manager† . By giving the stuffs director overall authorization. duty is centralised to guarantee that the overall cost of stuffs is kept at the low’est possible degree. The basic principle for this organizational alteration is to get the better of the jobs of conflicting aims. For cample. purchase department’s concern to guarantee uninterrupted supply of component stuffs may conflict with he inventory control department’s objective to understate stock list degrees or the aim of transportation in full auto burden tonss. Today administrations view procurance as a professional activity including activities involved in obtaining stuffs at minimal cost. transporting them and supplying storage and traveling toward the production procedure. It besides includes economic analysis of supply ( i. e. . purchase economic sciences ) . demand and monetary values and the appraisal of international events that affect stuffs. * development of stuffs direction Historically. the five ‘M’s of fabrication houses viz. Men. Materials. Machines. Money and Methods have shifted their places from clip to clip in their comparative importance. In the early yearss of industrialisation. the focal point was on work forces ( labor ) as they were the chief beginning of productive power. Over a period of clip. the accent shifted towards machines. which became the chief beginning of industrial power after the Industrial Revolution. As the methods of production became more and more complex due to the increased client demand for sophisticated merchandises of high quality. there was greater demand of efficient direction to pull off the complex production systems. In the early 1920s. buying and keeping stock of stuffs was the duty of buying directors or â€Å"chief accountants of buying and stores† in many industries. During and instantly after World War II the focal point shifted on assorted maps associated with stuffs such as buying. receiving. inspecting. hive awaying. continuing. managing. publishing. accounting. transporting and disposing excess and disused stuffs. These maps grouped under one common caput known as stuffs director and the section responsible for all these activities came to be known as â€Å"materials direction department† . But the caput of stuffs direction section performed a staff map to back up the production section and had to describe to the production caput ( manager of production ) in the organisational hierarchy. The oil crisis of the 1970’s changed the precedences of industries all over the universe. The extortionate hiking in oil monetary values and the heavy budget allotments on oil made the industries to command their outgo on the inputs. chiefly stuffs of all sorts because of the big range to cut down the disbursals on stuffs. Since the beginning of twentieth century. stuffs have been acquiring more and more attending and will go on to make so in the hereafter besides. Now a yearss stuff has* become an of import and inevitable input of a production system since the cost of stuffs and cost on stuffs ( cost incurred in buying and hive awaying the stuffs ) put together history for 50 to 85 % of the production cost depending on the nature of the merchandise and the type of the production system. Modern fabrication administrations adopted systems attack to direction. which resulted in the incorporate stuffs direction construct. All maps related to stuffs such as stuffs be aftering. buying. storing and stock list control were integrated under stuffs direction map. The place of the caput of the incorporate stuffs direction section was elevated to be on par with caputs of other functional countries viz. production. finance and human resources. * importance of stuffs in fabrication administrations Materials are any trade goods used straight or indirectly in bring forthing a merchandise or service such as natural stuffs. constituent parts. assemblies and supplies. In the fabrication administrations. the of import inputs are referred to as 5 Ms viz. Men ( Labour ) . Machines. Money. Materials and Methods. The comparative importance among these five Multiple sclerosiss have shifted from clip to clip. In the beginning of industrialization the focal point was on machines. work forces ( labor ) and methods. but from around 1970 onwards the accent is on stuffs. Material is an of import and inevitable input Gb J production system since the cost of stuffs and cost on stuffs ( cost incurred in buying and hive awaying the stuffs ) put together history for 50 to 85’* of the production cost depending on the nature of the merchandise and the type of the production system * importance of stuffs direction Management of stuffs in most administrations is important to their success because the cost of buying. hive awaying. traveling and transporting stuffs account for over half of the product’s cost. Bettering productiveness is a important factor in confronting the challenge of competition and this involves driving down the cost of all facets of concern activities. Since there is maximal range of cost decrease in the country of stuffs. making the occupation of efficient and effectual direction of stuffs is seen as the key to higher productiveness.

Essay on Solubility FLR

Essay on Solubility FLR Essay on Solubility FLR I. Which Solute Is More Soluable? II. Introduction: Question: Which two substances (sodium chloride and sodium nitrate) have the most solubility? Hypothesis: If we dissolve the two substances separately in water, then the sodium chloride will dissolve more because the ions in the solid is so strong that only highly polar solvents like water dissolve the sodium chloride well (NaCl). Background Information: Solubility: the rate at which a solute dissolves in a solvent. Saturated: contains as much as can be dissolved in the solvent. Solute: substances that are dissolved in the solvent. Solvent: heterogeneous mixture in which particles are dispersed through a fluid but not dissolved in it. NaCl: (Sodium Chloride) Represents 1:1 ratio of sodium and chloride The attraction between the NA+ and the Cl- ions in the solid is so strong that only highly polar solvents like water dissolve NaCl well. When dissolved in water, the sodium chloride framework disintegrates as the Na+ and Cl- ions become surrounded by the polar water molecules. The chloride ions are strongly solvated, each being surrounded by an average of 6 molecules of water. NaNo3: (Sodium Nitrate) White solid, very soluable in water Sodium nitrate is also synthesized industrially by neutralizing nitric acid with sodium carbonate or sodium bicarbonate Sodium nitrate was used extensively as a fertilizer and a raw material for the manufacture of gunpowder in the late 19th century. ****(Information for Sodium Chloride and Sodium Nitrate came from Wikipedia) III. Materials/Illustration: Test Tubes (2-4) Rubber Stoppers (2-4) 10 ml H2O (cold tap water) Graduated Cylinder Sodium Chloride (NaCl) Sodium Nitrate (NaNo3) Test Tube Holder/Rack Scale (Electronic Balance) Scoops Pipette (optional) IV. Variables Independent (manipulated) The substances: Sodium Chloride (NaCl) and Sodium Nitrate (NaNo3) Dependent (responding) Grams of Solute Constant (control) Amount of H2O (water), Amount of shakes (80 shakes) V. Procedures: 1. Gather materials (from the materials list) 2. Set up lab on a flat surface as shown in the diagram/illustration. 3. Use the scale (electronic balance; already tared) to weight the container of the Sodium Chloride (NaCl). 4. Record the mass of the container into your data table under â€Å"Initial Mass† for Sodium Chloride. 5. Fill the graduated cylinder with exactly 10 ml. of cold tap water from the sink. After, record the volume into your data table under â€Å"Volume†. 6. Pour the contents (10ml. cold tap water) from the graduated cylinder into one of the test tubes. 7. Using the scoop/scooper, place 2-3 scoops of the Sodium Chloride into the test tube. 8. Use the rubber stopper to cover the top of the test tube. 9. Holding your thumb or finger over the rubber stopper, shake the test tube 80 times. 10. Check the test tube to see if the Sodium Chloride has dissolved by holding the test tube horizontally and rolling it to see if there are any particles left. 11. Repeat steps #7 - #10 until the substance inside the test tube becomes saturated. Meaning, that it contains as much Sodium Chloride as can be dissolved in water. (the Sodium Chloride can no longer be dissolved in the solvent and small particles/grains start to show) 12. Once your substance is saturated, take the container of your Sodium Chloride and place it on the scale (electronic balance; already tared). 13. Record the mass of the container into your data table under â€Å"Final Mass†. 14. Repeat steps #3 - #13 for 2 more trials. 15. Once you are done with all three trials for the Sodium Chloride, Repeat steps #3 – 13 for Sodium Nitrate. VI. Observations and Data: Sodium Chloride (NaCl) Trials

Philosophy, Enlightenment and Education Essay Example | Topics and Well Written Essays - 1750 words - 1

Philosophy, Enlightenment and Education - Essay Example curriculum is designed and committed to use learning as a tool to stimulate and encourage the best attainable academic progress and results for all students. However, as Aristotle argues, attaining high grades is not the only measure of successful learning. Students at the early learning stages should not be subjected to tests because moral values and character states cannot be assessed through exams. They should, rather, be encouraged to achieve character by practice before intellectual skills are taught. For every subject in each key stage, the study programmes lay out what the students must be taught while the achievement targets lay out the performance standards expected of the students. However, the performance standards do not give any provisions for students with their own views. It would not be right for students to score low marks, denoting a failure, simply because they gave their own views on their understanding of what they have been taught. The curriculum should give roo m for finding a relationship between the learners’ ideas and what is stipulated in the standards. Conversely, its rigidity may only succeed in creating a block of stereotyped knowledge, not considering the flexibility of the learners’ minds. It is only through training mental skills and giving ways of discovery that the aim of making achieving and progressive learners can be achieved. Otherwise, the curriculum is biased towards handing over instruction and thus, presupposed knowledge. It is then up to the teachers to organise their individual curricula and available technology to target individual students’ experience, interests and strengths. The aim of creating confident students, as per the curriculum, assesses confidence by the students’ ability to meet standards. However, confidence cannot be correctly judged by meeting preset standards. A display of confidence would be more accurate if students knowingly followed what they understood from the instru ctions given, rather

Study Shakespeare's Hamlet and Webster's White Devil to compare the Essay

Study Shakespeare's Hamlet and Webster's White Devil to compare the ways that women in the plays are victims of male pride. Cri - Essay Example Among the female characters of William Shakespeare the role of Ophelia is supreme. She is considered as the most fragile character in his heroines. The attributes of Ophelia are far in high whereas the other female character in the play, Gertrude does not get much acclaim. The character Vittoria in The White Devil has been put to many comments. For many she is considered as the white devil in the play. As the other female characters of the play carry the attributes of innocence and good heartedness the chief lady, Vittoria is remarked for her wisdom, courage and harshness. The present essay tries to make an analysis on the female characters in these two plays. Further, a study is being conducted on the females as victims of male pride in these two plays. True, the Elizabethan and Jacobean attitudes of considering the females are also seen in these plays. As females they had to undergo male dominance and male chauvinism which caused the tragedy of the women characters vividly in these two. Women characters in the play Hamlet: The major women characters who enriched the play, Hamlet are Ophelia, the lover of Prince Hamlet and Gertrude, mother of prince Hamlet. The King of Denmark is killed by Claudius, his own brother and the uncle of prince Hamlet who later marries the former queen, Gertrude. It really infuriates prince Hamlet who was well aware of the plot of his uncle. The ghost of the King Hamlet appears before his son Hamlet, Horatio, and Marcellus reveals the story of his tragedy. The thoughts of revenge engulf in the mind of young Hamlet and the whole play is centred on his revenge against his uncle Claudius who killed his father and married his mother. The five long acts of the play tells his attempts to take revenge on his uncle and in the meanwhile it can be seen that Ophelia, the daughter of Polonius, the trusted courtier of Claudius is making love with Hamlet. The suffering of Ophelia begins when Hamlet mistakenly kills Polonius by thinking it as Clau dius. She becomes mad due to her father’s death and moreover at the rejection of Hamlet and commits suicide. Christy Desmet (1999, p.11) makes clear assessment about the character of Ophelia when he writes, â€Å"Ophelia is a cipher, or a â€Å"plot device† or pawn used by her father, her lover and Shakespeare himself; at most she seems a â€Å"sacrifice to the general meaninglessness and loneliness pervading the play.† The words of Gabriel A. Rieger (2009, p. 47) is also notable when he remarked thus; â€Å"Ophelia is an inversion to the prince.† Laertes, the brother of Ophelia is ravaged to take revenge on Hamlet and in the final scene it can be seen that the sword of Laertes is poisoned as instructed by Claudius and again a cup of bowl filled with poison was made ready for Hamlet. Meanwhile Gertrude drinks the cup for Hamlet and dies and she at the time of death announces the evil works of her present husband. Laertes wounds Hamlet and is himself woun ded by the poisoned sword. When Laertes is seen dying he tells all about the plans of Claudius and at the end Hamlet stabs Claudius and makes him drink the poison prepared by himself. Thus in the final scene of the play a series of murders can be seen. Gertrude’s death is seen a part of her husband’s folly. Horatio, a friend of Hamlet becomes a witness to all the disgraceful acts that happened at the final scene. Two main characters in the play, Ophelia and

The History of Cotton Literature review Example | Topics and Well Written Essays - 750 words

The History of Cotton - Literature review Example The plant has a leafy green shrub that has pink flowers that become the fruit or cotton balls. The cotton plant has deep roots, which go deep into the soil about 1.5 and is drought resistant but requires constant adequate moisture supply to produce healthy balls (Williams, Bolton & Moneyhon, 2013). Cotton is the most commonly used fiber in the manufacture of products regularly used such as the jeans pants, T-shirts, towels and shirts (Riello, 2013). The fiber from the cotton wool is transformed into yarn and fabric while seeds broken to oil and animal feeds and mulching purposes. The unprocessed form of the fiber is known as the lint. The lint exists within the fruit of the cotton plant or the ball and within each ball are around 30 seeds of cotton with numerous lint fibers connected to each seed. The fiber is protected within the ball until it ripens and breaks up. The word cotton originated from an Arabic word quantum or kutum referring to soft textiles. It is one of the oldest fibers ever. The archeologists discovered the cotton fabric 5000 years old at Mohenjo-Daro an ancient Indus River valley of West Pakistan and the same Egypt and Mexico. Cotton grew wildly in East Africa but first cultivation in Pakistan where it was used for the clothing purposes and binding on sandals and harnesses for elephants (Parker & Parker, 2012). Cotton has its origin from many countries globally, for instance, India where the fine quality cotton fabric originated making India the leading producer and exporter of cotton materials since 1500 BC until the end of the 15th century AD. The other countries, which started the cotton production after India, were China, Japan, and the Middle East. In America, Christopher Columbus began growing cotton in the early 17th century. However, the southern American colonies began producing cotton and manufacturing coarse clothing for their use. Â  

Definition, Process And Classification Essay Example for Free

Definition, Process And Classification Essay Each topic of discourse has the limits of information and resources and the key words intrinsic to understanding the trend of information espoused in the context. There are borders that clearly define this limit, and set processes that order the outlined thoughts or ideas into steps or stages inevitable in appreciating the message of discussion. To achieve this, there are important tools, which can be harnessed: definition, classification and processes. The definition is the succinct introduction of the topic that clearly defines the limits or extent of resources the topic covers. It gives a synopsis of the details that topic entails, releases the clue to understanding such details and hints on the process at achieving the latter. It includes the key words intrinsic to the issues of concern. In brief, this kick starts the engine. One should not make the mistake of referring this to just a word. It is the important concepts that are clearly defined for clarity of thought process. Beyond the definition, one realizes there are details for espousing the ideas associated with the topic. These details are enormous but the important must be highlighted. Process includes the method that explores the specific details, eliminates irrelevances and puts the issue in a right perspective. Alongside the definition and process through which data is obtained, analyzed and processed into useful information, the latter is classified into segments ion such a way that the topic is open for understanding, and further exposition. Classification ensures that boundaries are clearly defined; and provides a systematic approach for build up of comprehension. This implies that by appropriately classifying the available information on the topic of discourse, knowledge into built into interwoven segments and not set apart as mutually exclusive entities. It greatly enriches the significance of topic. These methods, definition, processing and classification, link the topic to existing information and ensure it is useful in the future.