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Question - The management team for the Graze Buffet meets each Monday at 9:00 a.m. to discuss the previous week's outcomes, including budget actual numbers compared to forecast numbers, production standards, equipment issues, employee challenges, and any other management concerns. For the last three weeks, one of the major topics has been lack of consistency from the kitchen. The new chef, Gina joined the team a short time ago and there is an expectation that the numbers will improve.
1. What information or feedback should the manager share with the new chef about "lack of consistency" from the kitchen? What do you think that means?
2. How might lack of consistency from the kitchen impact food cost?
Actual factory overhead amounts to P80,000. How much is the Company's Cost of goods sold adjusted assuming over or under applied is closed to COGS?
What would be the difference in profit before income taxes by acquiring the new machine as opposed to retaining the present one
If similar systems with similar costs will replace the current one, determine the perpetual equivalent annual maintenance cost at i _ 10% per year.
As the new controller hired to make Container Plastics a world class organization, use the case approach to put forth recommendations for a cost system that will help in accurately pricing quotations.
Mod Clothiers makes women's clothes. What would be the effect on profit of modifying the pants and selling them as opposed to selling 'as is'?
Queensland amortizes the prior service cost of the pension plan using the sum-of-the-years'-digits method, determine the amortization for the each of the next five years.
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Discuss how a time driven ABC cost system can be implemented in the company you researched and the benefits that the use will yield to the business performance.
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If the Copy Department uses a dual rate for allocating its costs based on usage, how much cost will be allocated to the Marketing Department?
What as an individual you take as implications on acquisition or purchase exercises for-in-profit establishments?
An asset costs $14 000 and has a scrap value of $3000 after sevenyears. Calculate its book value using straight-line depreciation After one year
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