Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Thunder Dental is a privately owned Naturopathic Clinic in Thunder Bay, ON that specializes in hygeine. As part of a five-year plan, Thunder has recently completed its expansion into four major areas of the City. It now offers treatment at locations in Fort William, Port Arthur, Intercity and Westfort. In order to maintain consistency in its services across all four of its locations and offer high-quality treatment, Dr. Horarth has decided to offer training and ongoing education for its team of 17 staff and practitioners. Management is trying to decide between two methods of Knowledge-Based training and has asked for your help. See Page 2 for the chart that outlines the costs between the methods proposed! If the clinic decides to offer the classroom training, the staff and practitioners will be paid to attend the training and will be exempt from performing regular duties. The company estimates that revenue for four days of normal business practices is approximately $33,000 among the four locations. At each location, Thunder Clinic employs two full-time administrative staff who make $200 a day and two part-time administrative staff that make approximately $80 a day and work 20 hours per week (exactly half the hours of the full-time staff). The remainder of the employees are practitioners. The practitioners' average salary is $400 per day. The Millers will be providing lunch if they decide to implement the classroom training which they budgeted $1000.88 per day.
Question a. Report to Dr. Hogarth explaining which training method you recommend he implement for his employees.
Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.
Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.
Prepare a master budget for the three-month period.
Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.
Evaluate the Predetermined Overhead Rate
Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.
Complete the schedule to compute the pool rates for the different activities.
Prepare Company financial statements
This individual assignment is based on the TerraCycle Inc.
Discuss the ethical issues
Calculate the GDP in Income Approach and Expenditure Approach
A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd