Reference no: EM1374720
Requirement 1
For material glass cost suppose the average cost per pound is based on table cost per batch divided by the actual pounds of glass he uses not makes. Evaluate direct material cost per product based on table production information.
Requirement 2
Because production time is evaluated in minutes, and he wants to earn $25/hour, compute a per minute rate for his time. Using table calculate direct labor cost per product based on production time. His total labor time is about 6 hours per day 7 days a week counting making the glass. The cost needs to account for all that time at $25/hour. Allocate any extra time against products in proportion to identified time. Consider how much the production really amounts to in hours because he also spends time talking to visitors.
Requirement 3
In looking at expenses assume hand tools, insurance, repairs, taxes, rent, and Misc are manufacturing costs. Don't forget gas cost. Also note exceptions to annual expenses noted under operating costs. In evaluating manufacturing costs note that he only produces for 40 weeks in computing annual costs. The only variable costs are part time labor and advertising.
Requirement 4
Include an income statement showing profitability. Separate from above cost evaluate depreciation on assets described and interest expense based on payment assumptions per month and noting the balance due.
Requirement 5
Prepare an Excel format to show how you are evaluating things. Provide detailed information of profitability by product and for year. Then make precise recommendations with financial projections.
Question about technological change
: The technology is now expanding so that road use can be priced through computer. A computer in surface of the road picks up a signal from your car and automatically charges you for use of road.
|
What social accountabilities do pharmaceutical companies
: What social accountabilities do pharmaceutical companies have that differs from other kinds of companies? Who are the primary stakeholders a pharmaceutical company has as well as how do you think they are prioritized?
|
Compute the adjusted balance
: The March bank statement shown an ending balance of $20,245.00. Comparing bank statement, the canceled checks, and the accompanying memos
|
Explain how would you handle this situation
: You are a new CEO of a large business. Your supply chain department managers are very good; explain however, they have a hard time cooperating with each or on mutual business goals. Each 1 tries to maximize their areas results. Explain how would y..
|
Evaluate direct material cost per product
: Prepare an Excel format to show how you are evaluating things. Provide detailed information of profitability by product and for year. Then make precise recommendations with financial projections.
|
Compute seasonal index for four quarters.
: Small Wonder, an amusement park, experiences seasonal attendance. It has collected 2 years of quarterly attendance and made a forecast of annual attendance for coming year. Compute seasonal index for four quarters.
|
Discuss major barriers to entry into a industry
: Discuss and explain the major barriers to entry into a industry. Describe how each barrier can foster monopoly or oligopoly.
|
Evaluate the companys business strategy
: Describe and evaluate the company's business strategy. Do you believe it is viable and why did the attempt to purchase company in late 2008 fail?
|
Explain how it works and expected outcomes
: You have been asked to fill-in for your boss this week. Your boss's assistant informs you that he had scheduled an engagement to teach a group of students at local University. explain how it works and expected outcomes.
|