Inventory “Academik Writer Only”

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Inventory Finlon Upholstery Inc. uses a job-order costing system to accumulate manufacturing costs. The company’s work-in-process on December 31, 2001, consisted of one job (no. 2077), which was carried on the year-end balance sheet at $156,800. There was no finished-goods inventory on this date. Finlon applies manufacturing overhead to production on the basis of direct-labor cost. (The budgeted direct-labor cost is the company’s practical capacity, in terms of direct-labor hours multiplied by the budgeted direct-labor rate.) Budgeted totals for 2002 for direct labor and manufacturing overhead are $4,200,000 and $5,460,000, respectively. Actual results for the year are as follows:

 

Actual Results Direct Materials Used $5,600,000.00

Direct Labor $4,350,000.00

Indirect Material Used $65,000.00

Indirect Labor $2,860,000.00

Factory Depreciation $1,740,000.00

Factory Insurance $59,000.00

Factory Utilities $830,000.00

Selling and Administrative Expenses $2,160,000.00

Total $17,664,000.00

 

Job no. 2077 was completed in January 2002, and there was no work in process at year-end. All jobs produced during 2002 were sold with the exception of Job no. 2143, which contained direct-material costs of $156,000 and direct-labor charges of $85,000. The company charges any under- or over-applied overhead to the cost of goods sold category. Using the above information, do the following:

Calculate the company’s predetermined overhead application rate.

Calculate the additions to the work-in-process inventory account for the direct material used, direct labor, and manufacturing overhead.

Calculate the finished-goods inventory for the 12/31/02 balance sheet.

Calculate the over-applied or under-applied overhead at year-end.

Explain if it is appropriate to include selling and administrative expenses in the cost of goods sold category.

 

Perform your calculations in an Excel spreadsheet and copy the calculations into a Word document. Write a 1-page paper in Word format. Apply APA standards to citation of sources.

 

Grading Criteria  
Calculated the company’s predetermined overhead application rate.
24
Calculated the additions to the work-in-process inventory account for the direct material used, direct labor, and manufacturing overhead.
16
Calculated the finished-goods inventory for the balance sheet dated 12/31/02.
20
Calculated the over-applied or under-applied overhead at year-end.
20
Explained if it is appropriate to include the selling and administrative expenses in the cost of goods sold category.
12
Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; and displayed accurate spelling, grammar, and punctuation.
8
Total:
100

 

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Performance Management Process

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Scenario

Suzan has worked for Organization ABC for one year. During her 30-day review, Suzan received amazing scores from her supervisor. During her 60-day review, Suzan’s performance was deemed as acceptable, but her ability to communicate with her colleagues was lacking. During Suzan’s 90-day review, Suzan’s supervisor, at the time, expressed that her performance needed serious improvements. Unfortunately, Suzan’s supervisor noted the following:

Suzan did not provide her colleagues with messages from customers and vendors.
Suzan’s phone skills were ineffective, especially when interacting with customers.
Suzan’s temper was a concern and she often raised her voice when she became frustrated.
You have been hired to replace Suzan’s previous supervisor. Between Suzan’s 90-day review and presently (her annual review), you have noticed that Suzan’s performance still is a problem. Before her departure from the organization, Suzan’s past supervisor stated, “Suzan is nice; however, she is a horrible communicator. I cannot work with her, as she is such a challenge to deal with… Good luck, as Suzan is one of the worst employees of Organization ABC.”

During your first week in your new role as supervisor, you met with Suzan to understand more about her performance. She stated, “I am a hard worker; however, I only was told what I was doing wrong. I am willing to learn. Can you help me become the best employee for Organization ABC? I want to succeed in this role.”

As a supervisor, you know that you have various responsibilities. One of your responsibilities is to address performance deficiencies. Although Suzan was provided with a job description, which included detailed information about the critical nature of communication in her role, she needs additional support.

Examine pages 79 and 80 in your textbook. Then, create a plan, specific to Suzan’s needs, detailing how you will utilize the following to ensure improved performance:

Observation and documentation
Updates
Feedback
Resources
Reinforcement
For example, when thinking about observation and documentation, what might you do to keep track of Suzan’s performance? Why? When thinking about updates, how will you keep Suzan updated? Explain and justify your rationale for each of the five components and why you made the recommendations that you provided

Sample Solution

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client pitch presentation 7

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Marketing Management 571

 

Objective/Competencies

 

5.1 Design effective marketing communications.

5.2 Determine branding strategies.

5.3 Determine customer loyalty strategies.

 

Assignment

 

Project:  Client Pitch Presentation

 

Deliverables: 

 

1.     Select a current product (OTC Drugs or Electric Cars) with which you are familiar, and pitch a new Integrated Marketing Communication plan (IMC) to your client. 

 

2.     Create a Microsoft PowerPoint presentation of 8-10 slides that includes the following components:

 

•       Identify any considerations you will need to employ to build and maintain the brand and customer loyalty.

 

 

•       Create a print ad and a video broadcast for the product featuring your new strategy (YouTube TM, video, or power point storyboard is acceptable).

 

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Rewrie this paper in the same format. I need this racism paper to be more globally than about America… Below is the actual class requirements….

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Rewrie this paper in the same format. I need this racism paper to be more globally than about America… Below is the actual class requirements….

 

    1. Kalogeriko Bridge, Epirus, Greece Note: As we outlined in Module 7, all of your previous work serves as the scaffold on which this final research paper is constructed. The sequence of activities for creating your final paper that we recommended you complete last week is repeated here. Be prepared to edit, rearrange, and rewrite your paper multiple times. The final integrated paper will probably be 4,500-6,000 words. Note that it is due on Wednesday (11:59 PM ET). This will enable your instructor to prepare your final paper for use in both final course grading and competency scoring within the window provided by the College.
    2. Instructions: Begin by organizing your work in the order of the scaffolded assignments: Research Proposal, Literature Review, Diversity Perspectives, and Ethical Perspectives. Add to those your notes used in your oral presentation as well as the feedback and suggestions provided by faculty and classmates. Make sure you have APA citation information for all the additional scholarly sources you’ve gathered since your initial Literature Review.
    3. Create a new document to use as the draft for your final paper. You cannot use the work you submitted earlier for review, nor can you simply insert minor changes to the original papers. Each section must be thoroughly revised and rewritten to incorporate the feedback provided as well as additional scholarly sources necessary to fully support your thesis.
    4. Begin your document by drafting a working thesis for your final paper. Your Research Proposal should be helpful here. Be prepared to edit after you’ve completed all sections of the final paper. Leave the introduction section blank for now.
    5. Copy/paste in your revised/rewritten Literature Review. Your revised work must present a comprehensive overview of the contemporary research studies and other recent scholarly articles examining the topic approved by your instructor (a minimum of 7-9 relevant scholarly articles in this final version). If appropriate, your review may also include a limited number of discipline-specific reports from industry or government agencies. When using industry-related sources, be mindful of the potential bias involved and examine that in your review. Your revised work must reflect clear evidence of improved research, writing, analysis, synthesis, and argument development skills.Draft transition paragraphs to move the reader from your Literature Review to your Diversity Perspectives section. In this section you must state the problem you are examining and the significance of this problem. Include additional scholarly sources as needed with appropriate citations. Your Diversity section should use a combination of sources from your Literature Review and other peer-reviewed sources specific to the diversity issues.
    6. Copy/paste in your revised/rewritten Diversity Perspectives paper. When revising your work, be sure you discuss the different groups associated with the problem, paying particular attention to the dominant as well as the disenfranchised and vulnerable groups.Use Hofstede’s cultural dimensions theory when analyzing diverse perspectives, and be sure you’ve addressed such issues as ingroup favoritism, intergroup bias, societal norms, etc.

      At the end of this section, you must summarize who’s involved and the most significant issues causing conflict between groups. Your work must reflect clear evidence of improved research, writing, analysis, synthesis, and argument development skills.

      Draft transition paragraphs to move the reader from your Diversity Perspectives section to your Ethical Perspectives section. Include additional scholarly sources as needed with appropriate citations. Your Ethical Perspectives section should use a combination of sources from your Literature Review and other peer-reviewed sources specific to the ethical issues.

    7. Copy/paste in your revised/rewritten Ethical Perspectives paper. Identify and analyze examples of actions, practices, and policies affecting the vulnerable and disenfranchised groups identified in your Diversity Perspectives section. Consider the ethical underpinnings of these actions, practices, and policies. Describe likely outcomes, and weigh the consequences of such actions. Evaluate evidence of social responsibility within the context of social justice, economic justice, or distributive justice theory.At the end of this section, you will summarize who’s affected by the problem, key differences found in your examination of multiple perspectives, and the significance of such differences.  Your revised work must reflect clear evidence of improved research, writing, analysis, synthesis, and argument development skills.
    8. Draft transition paragraphs to move the reader from your Ethical Perspectives section to your final section. Include additional scholarly sources as needed with appropriate citations.
    9. Advocate the most equitable solution to the problem examined. Draw upon the scholarly sources in your previous sections to substantiate your position. If necessary, provide further support with government reports and studies as well as non-government organizational reports and studies.
    10. Based on the work you’ve developed thus far, review and revise your working thesis.
    11. Draft a comprehensive introduction for your paper.
    12. Draft a conclusion that fully wraps up all themes and ideas presented in all the sections.
    13. Draft an abstract that provides a preview of the entire paper in about a paragraph.
    14. Build your comprehensive reference list in correct APA format.
    15. The result of these steps should be a very rough draft of your final paper. As you further revise and refine it, keep in mind this basic framework that your final submission should follow:
    1. Abstract
    • Introduction (250-300 words)
      • Provide overview with significance of the issue related to field of study
    • Literature Review (1,000-1,500 words)
      • Build upon Scaffold Step #3
      • Conclude this section with concise statement of the problem based upon the literature
    • Diverse Perspectives & Ethical Implications
      • Cultural perspectives & inequities (1,000-1,200 words)
        • Analyze competing entities including disenfranchised/vulnerable groups
        • Address issues such as ingroup favoritism, intergroup bias, etc.
        • Integrate Hofstede’s cultural dimensions theory in analyzing perspectives
        • Conclude with summary of cultural perspectives and perceived inequities
      • Ethical implications (1,000-1,200 words)
        • Analyze decision making and actions, social responsibility within context of social justice theory and/or economic justice theory
        • Identify possible pathways to equitable solutions
        • Conclude with summary of compelling ethical issues
    • Proposed solution (1,000-1,500 words)
      • Advocate most equitable, ethical solution to meet needs of vulnerable, disenfranchised
      • Draw upon scholarly sources & previous sections to substantiate position
      • Provide further support with government reports & studies, NGO reports & studies
    • Conclusion (250-300 words)
    • Reference list

 

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