Costs: Relevant, Differential, Avoidable

Stagnant sales performance has caused Harrington Collection to explore new avenues for improved performance, including the launch of a new active-wear line. Recognizing an emerging trend of low price and rapid style turnover in the women’s apparel market, along with tremendous growth in the active-wear segment, Harrington needs to work strategically to capture this profitable market opportunity. After careful analysis, it was determined that Harrington should implement a new active-wear line.

List four different cost objects for Dell. For each cost object, mention one example of a direct and indirect cost.

According to Epstein and Buhovac, (2014), costing system is a process designed to monitor the costs incurred in a certain business. Costing systems are meant to advise the management on how to choose the most appropriate course of action with cost efficiency and capability. According to Cardinaels and Labro (2009) costing system provides detailed cost information needed by management needs to control current operations with the aim of improving the future. Below are some of the costing systems that are common to many organizations (Epstein & Buhovac, 2014).

3. Andy is trying to decide which one of two job offers he will accept.

2 List the three types of goods that are classified as inventory. What characteristic will automatically exclude an item from being classified as inventory?

• Should an organization add capacity? • How should an organization react to a new competitor? • Should an organization enter/exit a

Welch Manufacturing has excess capacity. The following per unit data apply for sales to regular customers:

The True Cost, by Andrew Morgan, was a truly eye opening documentary on what price workers who make our clothes have to pay in regards to their health, finances, and sacrifices they have to make. Most of us purchase clothes and do not think twice about where they came from, who made them, and impact it is having on our society. Stores such as H&M and Forever 21 sales clothes for very cheap prices; however, the more the prices are reduced, the more the environmental costs are raised. Our society revolves are materialism and most believe our clothing portrays who a person is, to a certain extent. If this is the case, our clothes may be saying more about ourselves than we think, if we are wearing clothes that workers in other countries are paying a price for.

Cost benefiting is a positive financial investment overall. Economically there will be less time and more productive work with less errors and stress put on clinical staff resulting in time off and time lost. Clinical documentation systems save in staffing costs bring down overall overhead costs. There seems to be a huge cost associated with medication expenditures and without missed documentation or wasted, missing, over medicating or duplication the electronic system would generate huge cost saving in this area. Another area of cost cutting would be decreased billing

Sports is one of the largest recreational activities in canada, with over 2 million kids aged 5 to 14, took part in sports. However, our government has decreased its funding over sports. From 2014 to 2015, 201.98 million dollars were funded but from 2015 to 2016, only 196.78 milion dollars were funded on sports. Moreover, sports participation of kids is declining. Boys now are less likely to regularly participate in sports than they were back in 1992 and those who do compete are involved in fewer sports. The decline rate will continue unless our government promotes sports heavily, through schools and community sport programs. Our governent should dedicate more money on these programs because sports are mainly promoted by such means, sports have heath benefits and sports make us smarter.

I found out about RSI while I was browsing the internet, looking for ways to spend my summer before senior year. In contemplating my future summer, I realized that RSI provides the perfect opportunity for me to get involved in high-caliber research while maintaining a rigorous, yet rewarding schedule. However, the university’s hallowed halls are not responsible for its essence; rather, the nature of the program is a product of the membership of its student body. During this free six-week immersion, I would have the honor of working alongside exceptional academic staff and like-minded peers – talented and creative students who accept risks and take initiative, all self-driven and focused on making the world a better place. Through RSI, I would

3. Which is the most attractive customer segment for MBC to target? Explain your reasoning.

Would factory security and assembly activities be best classified at an appliance manufacturing plant as unit-level, batch-level, product-level, or organization-sustaining?

21.   If the customer satisfaction doesn’t always lead to customer loyalty firms may need to focus additional effort on ____ strategies. Retention; base marketing

After many deliberations, XYZ Marketing Company has decided to focus more on the core business aspects and outsource the non-core business aspects of the company. With this decision, the company must classify the core and non-core aspects of the company for which they would either focus on or