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Question: Job order costing accumulates and records costs by job and assists managers in evaluating actual and expected costs related to direct materials, direct labor, and factory overhead costs. An excellent example is provided in the opening vignette of the textbook for this chapter, Washburn Guitars. A job order cost system is ideal due to the nature, design, and uniqueness of each guitar built for a musician, such as Paul Stanley from the rock band KISS. Costs associated with the creation of a guitar include direct materials such as wood and strings, direct labor of the employees who build, assemble, and test the guitar. Additionally, the factory overhead costs such as the plant where the guitar is manufactured, the insurance on the plant, taxes, and all other indirect costs. After the costs are accumulated for Mr. Stanley's guitar, Washburn Guitars would then price the guitar to achieve a profit (selling price greater than the costs). Select a company that would employ a job order costing system. Research the company and discuss why a job order costing system is the 'correct' fit for that organization. Discuss a product the company sells and discuss what direct and indirect costs would be included on the job cost sheet. Follow the minimum requirements for discussion board posts located in the general discussion area. Recall, those are the minimum requirements, more posts are always encouraged.
For the data given in previous Problem, solve the mixed model line balancing problem except use the ranked positional weights method to determine the order.
Using 2 different companies in the same industry of your choice, such as Coke and Pepsi Co (both in the beverage industry) compare and contrast their strategical business choices based on economic, demographic and socio-cultural trends; andRespond to..
Finkel joined a partnership that operated a securities firm. An investor sued Finkel and the other partners for fraud that occurred two months before Frey.
Participants in a training program are asked to log in to a website at their convenience, watch a video lecture, and take a quiz. This is an example of which of the following types of training?
Summarize your findings from each question including the best stories and quotes in each interviewee's words and some themes that seemed to pervade both interviews. Analyze your interviewees' personal characteristics and describe their alignment to e..
A farmer made a contract in April to sell to a grain dealer forty thousand bushels of corn to be delivered in October. On June 3, the farmer unequivocally informed the grain dealer that he was not going to plant any corn, that he would not fulfill..
Using the concept of channel richness, give examples of messages best conveyed by email, in face-to-face communication, and on the company bulletin board.
How can you determine the impact of specific talent-related risks on your business and future capabilities?
Filter Systems produces air filters for domestic and foreign cars. One filter, part number JJ39877, is supplied on an exclusive contract basis to Oil Changers.
John Doe purchased a bottle of ‘‘Bleach-All,'' a well-known brand, from Roe's combination service station and grocery store.- John brings an action against Roe to recover damages. Explain whether John will be successful in his lawsuit.
What sort of human capital for what kinds of strategic business unit - Should Tata prioritize on "star" industry, "Budding" industry, and "Bread & Butter" industry
What is the relative frequency of class 13? The total sample size is 200. What is the frequency of class D? Show the frequency distribution.
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