...Mendel Paper Company Intro In the case of Mendel Paper Company which produces four basic paper products lines at one of its plants: computer paper, napkins, place mats, and poster board. Although the plant superintendent, Marlene Herbert is pleases with increased sales he is also concerned about the costs. The superintendent is concerned with the high fixed cost of production, the increases in fixed overhead and even variable overhead. He feels that the production of place mat should be discontinued. His reason for the discontinuation is that the special printing is driving up the variable overhead to the point where the company may not find it profitable to continue with the line. After reviewing the future predictions of the company I will answer the superintendent concerns by using both new and previous calculations to support my recommendation. Question one 1. Original Computer paper Napkins Place mats Poster board Total Volume 30,000 120,000 45,000 80,000 275000 Selling price $14.00 $7.00 $12.00 $8.50 Material Cost 6.00 4.50 3.60 2.50 Units per hr 6 10 5 4 Variable overheads $9.00 $6.00 $12.00 $8.00 Variable overhead per unit 9/6=1.5 6/10=.6 12/5=2.4 8/4=2 Total sales 30000*14=420000 120000*7=840000 45000*12=540000 80000*8.50=680000 420000+840000+540000+680000=2480000 Material cost 30000*6=180000 120000*4.50=540000 45000*3.60=162000 80000*2.50=200000 Variable overheads 30000*1.5=45000 120000*.6=72000 45000*2.4=108000 80000*2=160000 ...
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...Karen- Kimberly-Clark Case Study In 1872 four business men, John Kimberly, Havilah Babcock, Charles Clark and Frank Shattuck created a company called Kimberly, Clark and Company which initially sold manufactured paper goods. They would eventually branch out into personal care items in order to compete in a larger market with companies like Proctor and Gamble. In 1978, Kimberly-Clark introduced Huggies disposable diapers and were an instant success. In the mid 1990’s Kimberly-Clark merged with Scott Paper and found them in an unusual predicament, the merger did not go well, the integration of Scott and Kimberly-Clark was a rocky one that would lead to dissatisfaction on the part of most Scott employees and especially Scott’s senior management.[1] In 2002, Proctor and Gamble released a line of high end Pampers disposable diapers that not only was a substitute for Huggies, but also captured a large portion of Huggies market share. Around 2003, Kimberly-Clark decided to restructure the way that the company focused on business products. They chose to use a system of “grow, sustain and fix”, which split all products in to areas that needed growth, needed to sustain market share or items that needed to be reformulated. This system was a total failure and caused the company to take several steps back in market share in most of their areas.[2] Had Kimberly-Clark gone for a more product related divisional structure, it is possible that they would not have lost so much of its...
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...http://homeworkonestop.com/BUS%20630/bus-630-managerial-accounting-entire-course-week-1-to-6 Product Description BUS 630, Managerial Accounting WEEK 1 Written Assignment, Case 2B (Mendel Paper Company) Discussion 1, Ethics in Cost Control Discussion 2, Fixed and Variable Costs WEEK 2 Written Assignment Case 3A (Auerbach Enterprises) Discussion 1, Product Costs Discussion 2, Job Order Costing vs. Process Costing WEEK 3 Written Assignment Case 5A (Glaser Health Products) Discussion 1, Allocating Joint Costs Discussion 2, Variable/Absorption Costing WEEK 4 Written Assignment Case 6B (Chester & Wayne) Discussion 1, Budgeting Comments Discussion 2, Standard Cost System Journal Budgets and Employee Morale WEEK 5 Discussion 1, Capital Investment Evaluation Discussion 2, Ranking Investment Alternatives Written Assignment Case 9A (Middlehurst House) WEEK 6 Final Paper, Analyze the Role of Managerial Accounting Discussion 1, Evaluating Performance Discussion 2, Non value- Added Costs in a Doctor's Office BUS 630 Managerial Accounting Entire Course Week 1 to 6 Purchase here http://homeworkonestop.com/BUS%20630/bus-630-managerial-accounting-entire-course-week-1-to-6 Product Description BUS 630, Managerial Accounting WEEK 1 Written Assignment, Case 2B (Mendel Paper Company) Discussion 1, Ethics in Cost Control Discussion 2, Fixed and Variable Costs WEEK 2 Written Assignment Case 3A (Auerbach Enterprises) Discussion 1, Product Costs Discussion...
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...Abc company Mendel Paper Company Contribution Margin by Product Line Computer Paper Contribution Margin = Selling Price - Variable Cost CM = $14 - $6 = $8.00 per unit. Total contribution margin = $8.00 x 30,000 units = $240,000 Napkins Contribution Margin = Selling Price - Variable Cost CM = $7 - $4.50 = $2.50 per unit. Total contribution margin = $2.50 x 120,000 units = $300,000 Place Mats Contribution Margin = Selling Price - Variable Cost CM = $12 - $3.60 = $8.40 per unit. Total contribution margin = $8.40 x 45,000 units = $378,000 Poster Board Contribution Margin = Selling Price - Variable Cost CM = $8.50 - $2.50 = $6.00 per unit. Total contribution margin = $6.00 x 80,000 units = $480,000 Total contribution margin for Poster boards are higher for Mendel paper Company, which is reflected by the controlled variable costs and material costs, whereas, they also have a higher number of sales as well. Contribution Margin with revisions Computer Paper Contribution Margin = Selling Price - Variable Cost CM = $14 - $9 = $5.00 per unit. Total contribution margin = $5.00 x 30,000 units = $150,000 Napkins Contribution Margin = Selling Price - Variable Cost CM = $7 - $6.0 = $1.0 per unit. Total contribution margin = $1.0 x 120,000 units = $120,000 Place Mats Contribution Margin = Selling Price - Variable Cost CM = $12 - $12 = $0 per unit. Total contribution margin = $0 x 45,000 units = $0 Poster Board Contribution Margin = Selling Price...
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...Mendel Paper Company Kamiyon Fields BUS 630 Managerial Accounting Instructor: Frederick Seiler June 8, 2015 Mendel Paper Company Question One When it comes to the computer paper, they have estimated 30,000 units in sales with a material cost of 6 dollars. Also, 14 dollars is the selling price. To find the estimated contribution margin, must subtract the variable cost from the sales ((14 times the 30000 units)-(6 times the 30000 units)). So, the contribution margin for the computer paper would be 240,000. For the napkins they have estimated 120,000 unites in sales with a material cost of 4.50 and a selling price of 7 dollars. The formula would be the same, so for the napkins it would look like ((7 times the 120000 units)-(4.50 times the 120000 units)). So, the contribution margin for the napkins would be 300,000. For the place mats it would be ((12 times the 45000 units)-(3.6 times 45000 units)). The contribution margin for place mats would be 378,000. For the poster board it would be ((8.5 times the 80,000 units)-(2.5 times the 80,000 units)). The contribution margin for the poster board would be 480,000. For the contribution margin per unit, it would be the same formula without using the total units. It would be the selling price minus the material price. For computer paper it would be 14-6=8, for the napkins it would be 7-4.5=2.5, place mats would be 12-3.6=8.4, and poster board would be 8.5-2.5=6. Question Two A few revision were done that will changed the...
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...sults-of-15/ BUS 630 BUS630 BUS/630 WEEK 1 PAPER http://helpido.com/bus-630-week-1-assignment-mendel-paper-company/#5 BUS 630 BUS630 BUS/630 WEEK 2 http://helpido.com/bus-630-week-2-dqs/ BUS 630 BUS630 BUS/630 WEEK 2 PAPER http://helpido.com/bus-630-week-2-assignment-auerbach-enterprises/ BUS 630 BUS630 BUS/630 WEEK 3 http://helpido.com/bus-630-week-3-dqs-describe-the-three-methods-used-to-allocate-joint-costs-what-are-the/ BUS 630 BUS630 BUS/630 WEEK 3 PAPER http://helpido.com/bus-630-week-3-assignment-glaser-health-products/ BUS 630 BUS630 BUS/630 WEEK 4 http://helpido.com/bus-630-week-4-dqs-select-one-of-the-following-quotes-from-the-text-to-discuss-clearly-state-whether-you-either-4471/#5 BUS 630 BUS630 BUS/630 WEEK 4 PAPER http://helpido.com/bus-630-week-4-assignment-chester-wayne/ BUS 630 BUS630 BUS/630 WEEK 5 http://helpido.com/bus-630-week-5-dqs-select-one-of-the-capital-investment-evaluation-methods-described-in-chapter-10-of-your-text-fully-explain-the-capital-evaluation-methods-strengths-and-weaknesses/ BUS 630 BUS630 BUS/630 WEEK 5 PAPER http://helpido.com/bus-630-week-5-middlehurst-house-in-this-case-management-is-presented-with-several-decision-options-for/ BUS 630 BUS630 BUS/630 WEEK 6 http://helpido.com/bus-630-week-6-dqs/ BUS 630 BUS630 BUS/630 WEEK 6 PAPER...
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...| Syllabus College of Natural Science BIO/100 Version 2 Introduction to Life Science with Lab | Copyright © 2009, 2007 by University of Phoenix. All rights reserved. Course Description This course applies a broad, conceptual understanding of biology. Students are introduced to scientific ideologies and concepts that not only shape the biological world, but also shape humans. Students examine the scientific method, evolution and biodiversity, the biology of cells, physiology, the dynamics of inheritance, and the effect humans have on the environment. The text emphasizes methods and the theoretical foundations of ideas, while minimizing isolated facts. It stresses the integration of ideas, making connections that form an understanding of the living world. The weekly online labs add a practical component to the class. The labs build upon the concepts in the text and offer a chance to interact with the material and further their understanding. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: University policies: You must be logged into the student website to view this document. Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have...
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..._______________________________ NEW SOUTH WALES Australian School of Business School of Marketing MARK1012: Marketing Fundamentals Final Examination Session 1, 2012 Instructions: (Please read these instructions carefully) This examination paper consists of THREE sections: Section A (10 Fill in the gaps: 10 marks); Section B (3 Short essay questions: 20 marks) and Section C (50 Multiple choice questions: 20 marks). It has FIFTEEN (15) printed pages excluding this page. Printing is double sided, so check each page carefully. You have two (2) hours to complete this examination plus 10 mins reading time. Read all the questions carefully and answer all questions as instructed. Questions must be answered in ink. Write all your MULTIPLE CHOICE answers (SECTION C) in the Generalised Answer Sheet provided. Note that there are FIFTY (50) Multiple Choice Questions. Print your full name and student ID number {z… } on the first page and sign. Use of UNSW approved calculators is permitted. No other material is to be taken into the examination room. This paper accounts for 40% of your overall course grade (However, it is marked out of 50). You may NOT retain this paper. SECTION A: FILL IN THE GAPS (Please write your answer in the gaps provided in each statement) (10x1 = 10 marks) 1. ‘Marketing’ refers to the activities undertaken to create and _____________ products and values with others. A marketing organisa...
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...La Consolacion College Manila THESIS WRITING GUIDE 2011 (Undergraduate) LA CONSOLACION COLLEGE MANILA 8 Mendiola St., Malacañang Complex, Manila Telephone Nos.: 736-0235 / 313-0513 / Fax: 313-0602 Website: http://www.lccm.edu.ph Thesis Writing Guide June 2011 Prepared by: Dr. Jennifer S. Florida Director, Research and Publications Center La Consolacion College Manila Venancio N. Santos, Jr. Staff, Research and Publications Center La Consolacion College Manila All rights reserved. Published by: Research and Publications Center 231 Gregor Mendel Science Center La Consolacion College Manila 8 Mendiola St., San Miguel, Manila 1005 Telephone: 736 - 0235 (loc 173), 313 - 0509 URL: http://www.lccm.edu.ph Layout: Venancio N. Santos, Jr. La Consolacion College Manila Vision – Mission Statement Vision La Consolacion College Manila is a Catholic educational institution that is inspired by St. Augustine’s vision of the academe that is founded on the primacy of love. It understands the academic community to be above all else, a scholarly fellowship of friends. As an institution of higher learning, La Consolacion College Manila envisions herself to become truly an innovative higher education institution in the Asia-Pacific Rim. Within this decade 2010-2020, LCCM is projected to be veritably influenced by research-oriented instruction that is richly complemented with technology-driven holistic education for lifelong learning, and with strong community...
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...University Management School Michaelmas Term 2012 Entrepreneurs typically learn from failure. “Develop success from failures. Discouragement and failure are two of the surest stepping stones to success”. In this respect, Dale Carnegie (2010) argues that one of the most important lessons from success is failure. It is interesting that Carnegie talks of failure being in everybody’s past, indicating that failure is not a process confined to the entrepreneur. The research undertaken for this paper has been concentrated on four different previous researches of Cope (2009), Ucbasaran et al. (2009, 2012) and Cardon et al. (2009). Attitudes toward failure are not homogeneous among entrepreneurs, however those who have experienced it are disputably more prepared for the battle of entrepreneurship. As a result it is beyond question to understand the deeply affective dimension of failure that include the loss of the venture and the personal loss. Cope’s paper (2009) stresses that learning from failure is not automatic or instantaneous but it represents an essential prerequisite for learning (Wilkinson and Mellahi, 2005, cited by Cope 2009). The learning entrepreneurial experience of failure is articulated trough a major “grief recovery” composed of three interconnected learning components: an initial hiatus followed by a critical reflection and finally, a reflective action (Cope, 2003). Thus, there are different ways in which learning from failure can be usefully applied...
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...GENETICALLY MODIFIED ORGANISMS _____________________ A Position Paper Presented to Mr. Jesse R. Songcayawon, Ph. D. History Department Adventist University of the Philippines _____________________ In Partial Fulfillment Of the Requirements for the Course General Philosophy _____________________ By Krishnalyn Precious Jewel Castro Rosedelle Colot Jedd Fabroa Dean Carlo Fajilan Joan Mary Hidalgo Julius Anthony Hiphip Myrtle Magalang Mark Anthony Mayorga Ruiz, Mike I. INTRODUCTION A. BACKGROUND As the population of the world continues to increase, it will be accompanied by an increase in the demand for food. Food is one of the most vital needs of the world we live in. In the old days, ancient people kill for food to survive. Today, some people mark it as piece of extravagance and whatnots. Food feeds our hunger and in turn, gives energy for the daily activities we humans need to do in order to get through the day. Also, it forms connection within another human being for it is shared along the dinner table and have food as the topic of the night. Basically, food is the demand and supply which runs the world: be it in the developed country where food is made even luxury and be it in the developing country where food is seen as a staple for survival. Since the total acreage planted is no longer increasing, unless new production technology is adopted, such an increase in demand that is unmatched by an increase in supply in the world food market will raise...
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...A RENEWABLE ENERGY WORLD - FUELING THE FUTURE WITH BIOMASS Malathi.N I year MBA, School of Management Sri Krishna College of Engineering and Technology, Coimbatore. ABSTRACT Concerns about the availability and long-term supply of petroleum-derived fuels have caused the search for alternative sources of energy. After a century of unprecedented growth in science, technology, and the economy, we now face tremendous challenges to our ability to fuel the future: a fluctuating oil price, a changing climate, and continued dependence on unreliable energy sources. These problems are increasingly personal, and the demand for solutions becomes increasingly urgent. The ultimate solutions will only come from fundamental innovations in science and technology. Liquid fuels will for some applications be necessary for an indefinite period of time. Therefore, defining relevant feedstocks, producing fuels from these feedstocks and the properties of these fuels are critical issues. The utilization of biomass resources assumes importance due to the soaring crude price and depleting reserves of fossil fuels coupled with the rising environmental concern. Ethanol derived from renewable ligno-cellulosic biomass of non-edible variety has been identified globally as the future solution for meeting the energy demand. Apart from fuel and energy, biomass can also be the source of large number of derivatives. Biomass can be used for fuels, power production, and products that would otherwise be made...
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...Webopedia provides a generalized definition of ERP as “a business management system that integrates all facets of the business, including planning, manufacturing, sales, and marketing.”[ii][2][iii] Some of the more well-known ERP software developers include SAP, Oracle, and PeopleSoft. This paper will look at both successful and unsuccessful ERP implementations and what contributed to their success or failure. Many lessons have been learned by failed ERP projects, as evidenced by the volume of information available. Many of the failures occurred in 1999, in an attempt to manage Y2K issues, which may suggest that the companies had pressing needs which forced the implementation. Apparently, late adopters are benefiting from the mistakes of their predecessors since the most current research describes successful implementations. What constitutes an ERP implementation failure? There are degrees of failure with ERP projects. The most obvious failure is never actually implementing the ERP system. But a project can be considered failed if the new system is not fully utilized.[iv][3] According to a survey conducted by Forrester Research in April 2001, only six percent of 500 companies surveyed considered their ERP systems...
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...complex and crucial in information systems infrastructure within large organizations. However, most of these large companies deal with common people issues. Their potential users across different departments of organization resist the implementation process for some reasons. Enterprise units are being lack of communication from top management to functional units within implementation project. As a result, companies are struggle for ERP systems practice as well as to get rid of worker’s social problem and infrastructure’s transitions from old system to a new system. Ultimately, a successful ERP implementation projects are less about technology and more focus on people and process. Change Management is the best practice for “critical success factor” in ERP implementation literature. The purpose of this research is to have a better understanding about how change management is essential to be a part of ERP implementation process. This paper describes the main success factor of Change Management in order to create a successful ERP implementation and how should organizational change be managed. KEYWORDS Change Strategies, Enterprise Resource Planning, Resistance, Organizational Change, ERP, Implementation Strategies, Business Process, Change Management CHAPTER 1 INTRODUCTION 1.1 Background ERP Implementation Enterprise Resource Planning system (ERP) is a company wide information and management system that integrates the organization’s business processes, business information...
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...critical success factors. By researching what the critical success factors in ERP implementation are, why they are critical, and to what extent they are relevant to users, consultants and suppliers, this paper seeks to identify critical success factors in ERP implementation and to understand the impact of each factor on the success of ERP system introduction. This paper lists ten critical success factors (CSF) providing two points of view: strategic and tactical. These are: top management support, a business plan and vision, top management support, change management program, project management, implementation strategies, project team, business process modeling and minimal customizations, monitoring and performance evaluation, software development, testing and troubleshooting, legacy systems. Keywords— ERP implementation, critical success factors, IT project, management I. INTRODUCTION Complex IT projects, such as developing and especially implementing ERP systems often fail. Many studies indicate a small success rate in terms of exceeding the time limit, budget and poor functionality of the new system. Successful ERP projects bring great benefits to the company, but can also be devastating to organizations that fail to deliver. The aim of this paper is to further investigate the critical factors affecting the successful ERP implementation and to determine how they can reduce the failure rate. There is extensive literature about ERP implementation issues...
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