Comment in detail any company’s primary objectiv...

Your task is to assist Erik Larson and his ABC team by providing the following information:

  • Under the original (old) cost system:
    1. Compute the single indirect cost allocation rate that the bank would use to allocate the total indirect costs presented in Exhibit B.
    2. Use your answer to part A to determine the total annual indirect cost assigned to: (i) the retail customer line, and (ii) the business customer line. What drives these allocations?
    3. What proportion of the total indirect cost is assigned to: (i) the retail customer line, and (ii) the business customer line? Why? That is, what is the underlying rationale for indirect cost allocation under the old system? What assumption must hold approximately true for the original cost allocation procedure to generate “accurate” customer cost information?
    4. Use your answer to part B and data on the number of retail and business accounts to determine: (i) the indirect cost per retail account, and (ii) the indirect cost per business account.
    5. Assuming there are no direct costs or other indirect costs, compute the average contribution to profit per account for retail customers and for business customers. What business strategy would a manger using the original cost allocation system likely adopt? Why?
  • What are the signs that Virgin Islands’ original cost system is “broken”, such that it needs refinement or improvement?
  • Under the new activity-based costing (ABC) system, compute the indirect cost allocation rates for each of the three activities:
    1. Paying checks
    2. Providing teller services
    3. Responding to customer account inquiries
  • Use the following schedule to compute the total indirect cost allocated to each customer line (show your computations beside the activity description):

 

Total Indirect                     Total Indirect Cost

                                                            Cost Assigned                           Assigned to

                                                               To Retail                                  Business

 Activity                                            Customer Line                        Costomer Line

Paying checks

Providing teller services

Responding to customer account

Inquiries

Total Indirect Costs

 

  • What proportion of each activity is attributable to: (i) the retail customer line, and (ii) the business customer line?
  • Using the ABC data from Requirement 4, computer (i) the indirect cost per retail customer account and (ii) the indirect cost per business customer account.
  • Explain why the results in Requirement 1, Part D, and requirement 6 differ. Be specific.
  • Using the ABC data, compute the average contribution to profit per account for both retail and business customers. What business strategy would a manger using the ABC cost system likely adopt? How does this result compare to your response to Requirement 1, Part E?
  • The ABC team of Virgin Islands National Bank plans to increase the number of major activities (activity pools) with unique cost drivers to six. Please suggest three major activities with unique cost drivers and three cost drivers. Provide detailed reasons for your choices.

 

Part  2

 

  • Recall Virgin Islands National Bank’s bonus-based incentive plan to increase the number of customers. Do you believe this strategy is wise? Would you suggest any change in strategy based on the ABC analysis?

 

 

The answer to this question is attached. Your job is to put it in your words. The answer is number 9 on solutions.

 

  • Activity-based management (ABM) refers to manger’s use of ABC data in making business decisions. How can Virgin Islands’ management use the ABC data to plan more profitable marketing strategies? How can Virgin Islands’ managers use ABC information to identify opportunities to trim costs while still satisfying customers’ needs?
  • Why might Erik Larsen have suspected that the benefits of ABC would likely outweigh the costs of implementation at Virgin Islands National Bank?
  • Why do you think it is important for a CEO or a bank branch manager to understand ABC?

 

The answer to this question is attached. Your job is to put it in your words. The answer is number 12 on solutions.

 

14) Referring to class discussions, comment in detail any company’s primary objectives for     implementing ABC/ABM systems. How does ABC help in cost reduction and accurate          cost information. Please include the concepts of Strategic and Operational ABM in your             discussion.

  • Discuss the lessons learned from this case.

 

 


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Timer cap from new horizon

Warehouse receive the materials get materials go in the production line

Get the raw materials for the products and ones products are ready they come back here and atore them be4 going out

 

Each area is per cuatomer. Position material closer to when they need it. Depends on the demand and temperature.

Most orders get shipped same day. Whole sale orders get shipped ones theyre completed.

Customers come pick up from the facility

The area not temperature control. Candies stored on temp. Control warehouse. They receive it here and send it there.

For costco semd order , they schedule trucks and come to pick it up.

They do push and pull

Orders received by noon peocesss them the same day. After noon they process it the following day.

Everything gets made to order

They dont have home syatem to capture all day for forecast

 

Tomer cap made to order. The produxt in inventory doesnt always match the cuatomer. So thwy end doing rework by removing labels. Short advanced notice

 

Not standard shape. Get customized cz different size bottle.

Timer caps

 

15 to put label on out of 200 for the timer cap

Small orders make them here prozuction line to fulfill.

4 regular staff and 4 to 5 trainees

 

They have

Housing

After we snap timer make sure its working

They want to improve on that package of 100 on litle box goes into a big box make 1000. Work on it when thwy got the order.

Around 27 seconds to make one of them.

Someone do assembly, then it moves to labelling. Every line has line supercvisor to help them. Make aure theyre following the caps meet

 

Quality team do final inapection when orders are completed. Thy dont have a lot of defects. Tgey have black dot at the corner ao they call the cuatomer to see if they agree about it. Reject materials going back to warehouse.

Time spot is tge cuatomer supplier not their fault

 

They need to make aure they meet the cuatomers quality. The aupplies get rush ship from china to them.

They have people making inspections bcz they need to catch it at the door. Quality notify the customer.

 

The customer contacr the suppliers. New horizon prepare for shipping. They provide labelling. The customer buy the materials.

Customers buy materials baaed on tge orders they get. Tgey dropped it. They unload it and do initial inspection

 

12 models each pharmacy has a different model.

 

Ask to send us the schematics to match it and make aue ure doing it right.

 

Around 8 orders per month but quantity varies. From 180000 to 200000

 

2 modules one count hrs and mins one count hrs mins and scnds. But they stick with one of them .

 

Every line has process flow chart

Have a picture, a map

 

 

It comes down to tge coach with tge boards.

No numbers dont match 0eople aitting not focused or engaged dont have lines.

 

Line 1 to 5 are somehow applying lean

 

The production office She sits in the rooom the place that ahe can see is organized. Unlike the other lines

Grt lower low cost employee to help with the job while she focuses on prod line

 

 

 

 

 


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how research design affects data mining and potent...

1. Explain how research design affects data mining and potential outcomes.

2. Create 3 questions that market researchers might ask consumers if they were test marketing new toothpaste.


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information for expectant fathers


I need a paper that contains that following information for expectant fathers. Please see below:

What changes can the father anticipate after the baby arrives?
Does the arrival of a new baby cause significant marital strain?
How can fathers support their partners during and after the transition to parenthood?
How might additional births affect the family system?
What changes in roles, schedules, and finances might the father expect?
What will new fathers find most difficult about the transition to parenthood?

Please include anything else extra that you think would be important and that would make the paper much better. It has to be in APA format and it needs to include a cover page, an abstract, and proper in text citations. Please also include level headings within the paper. Please only use academically credible sources. I have used you before and found your work to be excellent! Thank you…..


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Research Methods for Business Management

Coursework A is a 500 word introduction to your proposal (the research topic, introduction and rationale of the research), and it amounts to 20% of your total grade for this module.

 

In attempting this course work, as the first step, please select a title and get back to me for approval. Selecting an appropriate title is important to complete this assignment with promising marks. I have experienced many situation where candidates select the wrong title and in the middle of the way they want to change it. It is important to note that changing the title in the middle of the way is impossible with the limited time and hence, most candidate ended up with a fail grade.

 

Research topic:

The area of the research need to be Management related as you have registered as an MBA student.

 

 

Structure of your coursework A

 

1)             Title: initially this might be regarded as a working title, and ideally should mirror the content of the introduction closely. The title is particularly important as it will get people to stop and listen.

 

2)             Introductory part: This informs the reader of the problem or situation and the context you are interested. The goal is to give the viewers some basic academic information they can use to evaluate the significance of the research proposal.

 

3)             Rationale for this study.

  • What is the research issue?
  • Why is it an issue?
  • Why is it an issue now?
  • What could this research shed light on?

 

4)      Include references as per Harvard references system


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