assembly technicians Appropriate, as the Westside Division will no longer have to pay these wages. Correct as this is the cost associated with the 40 technicians who will no longer be employed by the Westside Division. 2 Assembly supervisor transferred Inappropriate as the Assembly Supervisor will continue to be employed by the Westside Division for two years. Incorrect, this cost will continue to incur. The amount that should be included would be the supervisor’s salary less the benefits…
steel tubing and reel, injector head, control cabin, and power pack. The cost of the trailer, and the entire unit ranges from $1.2 to $ 2.5 million. The breakdown of the coiled tubing unit cost is shown in Table 1. In addition, coiled tubing system includes other equipment such as double pumper, double pumper tractor, nitrogen unit, crane, hoses, pump iron, two wet-kit tractors, and coiled tubing pipe, which bring the total cost of the coil tubing system to $4.5- 5 million for 2-in tubing…
Costs borne by a firm can fall into two categories: explicit and implicit. According to “Principles of Economics”, explicit costs are monies that are paid out in order to run the business and may include such things as wages or rent; while implicit costs “represent the opportunity cost of using resources already owned by the firm.” (OpenStax, 2014, p. 159). My husband and I operate a small business which is a martial arts school. At this company we have explicit costs, our largest explicit costs…
information about costs for planning and control decisions. 2. Direct materials are not usually easily traced to a product. 3. A variable cost changes in proportion to changes in the volume in activity. 4. 34. Product costs are expenditures necessary and integral to finished products. 5. Cost concepts such as variable, fixed, mixed, direct and indirect apply only to manufacturers and…
was previously. Industrialization brought a new war to the imperialistic and nationalistic nations of Europe called total war. It was the capacity of a nation to regulate its economic consumption, production, and distribution and it blurred the distinction between civilian and soldier. This type of war was far more destructive and had a wider impact on the nation as a whole. Total war changed societies gender norms, increased the governments political power and functionality,…
A.) Conflict Theory / pg.27: Theoretical framework in which society is viewed as composed of groups that are competing for scarce resources After watching this video I realized that there was a conflict theory going on in these "mega slums". One of the biggest resources that is most competed for is water. Water is so scarce and is distributed unevenly throughout the slums of Dharavi. It 's causing many conflicts. The allocation of water resources is also an issue. More water from the dams is…
high risk road. The overall cost of a sign includes production, installation, and maintenance. This information was extremely difficult to obtain, therefore an estimate has been created. The base cost for a wildlife warning sign is $175 (Seton, 2017). It is then estimated that installation costs are $120 per sign, and maintenance is $60 per year. Therefore, the total cost of a sign as estimated by Eco Logical Australia is $355 each. The twenty recommended signs will cost approximately $7100.…
established several models in hopes to replace the fee for service. The first model is based on accountable care organizations. Accountable care organizations groups primary care physicians, hospitals, clinics to take responsibility for quality, care and cost for certain…
been completed, all the costs that have been assigned to the job will then be transferred from the work-in-process inventory account to the finished goods inventory account. When the job completed has been sold and delivered to the buyer (in the case of John Deere the next plant of manufacturing for the body), all the company job…
and its divisions/business units earn the cost of the invested capital in addition to other costs. The capital charges are therefore the core element this concept. OVC is calculated as gross margin over the total product costs (PPC total and PPC…