11 workers on the workforce can contribute 500 hours per quarter. Payroll costs are $6,000 in wages per worker for regular time worked up to 500 hours, with an overtime pay rate of SIR for each overtime hour. Overtime is limited to 20 percent oldie regular-time capacity in any quarter. Although unused overtime capacity has no cost, unused regular time is paid at $12 per hour. The cost of hiring a worker is $3,000 and the cost of laying off a worker is $2,000. Subcontracting is not permitted. a. Find
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Information Systems Proposal Name BIS/220 November 14, 2013 Instructor Name Table of Contents Page 3………………………………………………………………Information Systems Proposal Page 4………………………………………….……………Information Systems Basic Functions Page 5-6………………………………………………………………..…Benefits and Drawbacks Page 7…………………………………………………………………………………...References Information Systems Proposal As we plan and start our future success as business
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Below are the proposed plans for the subdivision: PLAN A Initial Cost Subsequent Cost Replacement Cost Operating Costs (1st year$19,000 15th year) Operating Costs (16th $182,000 year-20th year) Operating Costs (16th year $155,000 and onwards) Operating Costs (21st year $185,000 and onwards) *Operating Costs are on a yearly base. PLAN B $1,950,000 ---$350,000 $1,500,000 $3,000,000 $200,000 $105,000 TABLE 1. Summary of Costs for Plan A and Plan B II. PROBLEM STATEMENT In order to
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customers liking index helped Netflix develop a large customer base. The online streaming sector had the advantage of providing additional revenue with no marginal cost, making the service very profitable. The only costs that incurred were copyright acquisition costs. The costs of acquisition of a copyright of DVD is less when compared to cost of online streaming license. This made Netflix to start up with a limited number of online movie titles and TV programs. However, Netflix's attempt to divide these
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STRENGTHS * A low cost company. Plus, operating costs per passenger were cut by 4 per cent and average fares fell * A partnership with Boeing in order to guarantee low maintenance costs. * Anew management team, led by Michael O’Leary who is very ambitious and firm. * “most profitable airline in the world” * Reduction of fuel consumption * Leader of opinion : permanent innovation copied by other low cost companies * High productivity of the staff * Emphasizes on Internet use | WEAKNESSES
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summation Even though sales has grown to double digits ,Cape Chemical has acquired more debt by acquiring more land, storage space, increasing the size of the work force and expanding capacity. By adding “next day delivery” option , Cape Chemical Inventory cost will increase substantially. The company focuses on expanding by coming up with new ideas such as new product lines. The new lines and new feature will attract customers but in the long run if they are not able to manage cash flow ,the company will
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you valued the inventory at the lower-of-cost or-market. Justify why you valued the inventory at lower-of-cost or-market. FASB ASC CITATION: Adjustments to Lower of Cost or Market 330-10-35-1 A departure from the cost basis of pricing the inventory is required when the utility of the goods is no longer as great as their cost. Where there is evidence that the utility of goods, in their disposal in the ordinary course of business, will be less than cost, whether due to physical deterioration, obsolescence
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of principal with their agent BONDING COSTS *cost borne by the agent as a result of the aligning their interst EG: i)agent prepare the fs(effort & time) ii)Constraints manaher xtvt MONITORING COST *the cost observing & monitoring the agent’s behaviour EG: I )auditing cost ii)Budget restriction iii) Operating rules Agency Costs -due to self interst, the agent may act for their best interest. -Agency problem give rises the agency costs JENSEN & MECKLING (1976) *Contract
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Facility $1,000,000 $1,000,000 Cost 9,000,000 Cost 9,000,000 Low Demand (.40) $6,000,000 $6,000,000 High Demand (.60) Expando Inc. Small Facility 12,000,000 12,000,000 $4,000,000 $4,000,000 Cost 6,000,000 Cost 6,000,000 10,000,000 10,000,000
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A. List examples of costs at the Riverside Hotel that are variable, fixed, and sunk. Provide an example of an opportunity costs. Variable cost are cost that fluctuate based on the demands of doing business. In this case examples of variable cost can be identified as the meat, salad, the cook (labor) Fixed cost are cost that remain constant regardless of business activity. Examples of fixed cost in this case would be labor, oven use, and utilities. Sunk cost are simply cost incurred in the past
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