Saturday, November 30, 2019

Value Of Education Essays - , Term Papers

Value of Education A few days ago, as I was eating lunch with friends, I entered a heated debate about the worth of education. "I should not have to learn algebra and calculus because it will have no influence on my life," my opponent angrily shouted as I tried to defend the usefulness of mathematics. Three days later, I still mul l over the issue, trying to arrive at the origin of the disparity of views betw een my opponent and me. I treasure every bit of knowledge I gain, in or out of school. When someone contends that a particular academic field or realm of inf ormation has no applications, I feel compelled to demonstrate the fallacy of such an argument by citing an example from my life. As a middle-schooler in Moscow, Russia, I took English for three years. Many of my peers grumbled about having to attend the course, adamant in their belief that these skills would be never used. However, some, including myself, felt that any offer of knowledge was to be accepted and stored away for possible later use. Lo and behold, three years after I signed up for my first English class, I found myself living in the United States, sending sincere thank you letters to my English teacher for supplying me with survival skills. If I had not taken my class seriously, my integration into the American society would have taken much longer. My attitude toward learning has not changed since. Striving to excel in every class I take, I regard education in all areas as relevant to my life, rather than remote. I try to link each piece of new information either to my intended field of study (Physics/Mathematics) or to personal enlightenment. Living up to my motto, "The measure of learning is its application," I prepare myself for all situations and achieve well-roundedness.

Monday, November 25, 2019

Words for Subservient People and Actions

Words for Subservient People and Actions Words for Subservient People and Actions Words for Subservient People and Actions By Maeve Maddox One of the most unforgettable characters in literature is Uriah Heep in the novel David Copperfield by Charles Dickens. Heep works as clerk to Miss Trotwoods lawyer, Mr. Wickfield. Because Wickfield is often incapacitated by alcoholism, Heep is able to cheat him out of his wealth. Heeps most memorable and repellent characteristic is his frequently avowed humility. He constantly refers to himself as a very umble person, telling David I am well aware that I am the umblest person goingMy mother is likewise a very umble person. We live in a numble abode, Master Copperfield, but have much to be thankful for. My fathers former calling was umble. He was a sexton. Heep is the stereotypical toady, a person who bows and scrapes his way among his superiors, plotting his own ends behind an obsequious exterior. Here are some words for writing about such characters. NOUNS toady [tÃ… dÄ“] a fawning flatterer The word is thought to be a shortening of toad-eater a term that referred to the assistant of a travelling salesman who sold fraudulent miracle cures. The assistant would eat a toad that was supposed to be poisonous. The salesman then gave him the cure. Toady can also be used as a verb. Why do you toady to your boss like that? sycophant [sÄ ­kÉ™-fÉ™nt] This word is commonly used to refer to someone who flatters people in power. As soon as Jones lost the election, those sycophants fled to the side of his opponent. NOTE: The word sycophant is often mispronounced by inserting an n after the y. The adjective is sycophantic apple-polisher [ÄÆ'pl pÃ… lÄ ­sh É™r] In the old days, teachers were often paid their salaries in kind, that is, with produce or other necessities. Taking an apple to the teacher was a good thing. Now taking an apple to the teacher is seen as an attempt to gain favoritism. Polishing the apple signifies an extra effort to gain favor. lickspittle [lÄ ­kspÄ ­tl]- You may come across this word in old books. The idea is that the sycophant is so eager to please that hell even lick up his masters spit. bootlick [bÃ… «tlÄ ­k] One who licks his masters boots. ass-kisser [ÄÆ's kÄ ­s É™r]- Same idea as booklick. brown-nose [broun nÃ… z] (side effect of kissing a posterior) Can also be used as a verb. Harold is a brown-nose. He brown-noses all his professors. doormat [dà ´rmÄÆ't] a person who allows other people to walk all over her. VERBS kowtow [kou-tou, koutou] to abase oneself before another. The word is from a Chinese word meaning to bump the head. The proper way to present oneself to the Emperor was to kowtow, that is, get down and bump your head on the floor before the throne. That rock star expects all his band members to kowtow to him . truckle [trÃ… ­kÉ™l] behave in a servile, obedient manner to someone. The word derives from truckle bed. A truckle bed is a small bed that rolls out from underneath a larger one. When travelling, an aristocrat would sleep on the big bed and his servant on the truckle bed. If two equals travelled together, theyd probably argue or flip a coin over which one slept on the truckle bed. She truckles to his every whim. ADJECTIVES fawning [fà ´nÄ ­ng] The word comes from the verb to fawn, meaning behave like an animal happy to see its master. I cant stand watching you fawn all over her! obsequious [Ã… b-sÄ“kwÄ“-É™s] exhibiting a demeaning, servile behavor. Fraternity pledges survive by obsequious behavior to the members. servile [sà »rvÄ «l] from the word for slave. In a slave society, self-confidence and self-respect are not traits desirable in ones human property. Servile means acting like a slave, i.e., staying out of the way, not calling attention to oneself, jumping when the master snaps his fingers. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:7 English Grammar Rules You Should Know5 Lessons for Mixing Past and Present TenseComma After Introductory Phrases

Friday, November 22, 2019

Accounting Theory Of Mavis Ltd

Allocated fixed overhead†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..... 8.00 Total unit of subassembly†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 30.00 8.Why is the distinction between relevant and non-relevant costs so important for Decision making in Cost and Management Accounting?  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   9.Equipment to be used in producing the order has a book value of $2,000. The equipment has no other use for Lansing Company. If the order is not accepted, the equipment will be sold for $1,500. If the equipment is used in producing the order, it can be sold in three months for $800. 10.If the special order is accepted, the operations will require some of the storage space in the company’s plant. If the space is used for this purpose, the company will rent storage space temporarily in a nearby warehouse at a cost of $18,000. The building depreciation allocated to the storage space to be used in producing the special order is $12,000. (1.5 marks) 11.If the special order is accepted, it will require a Subassembly. Lansing Camera can purchase the subassembly for $24.00 per unit from an outside supplier or make it for $30.00 per unit. The 330.00 per unit was determined as follows: Allocated fixed overhead†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..... 8.00 Total unit of subassembly†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 30.00 12.Why is the distinction between relevant and non-relevant costs so important for decision making in Cost and Management Accounting? 13.Equipment to be used in producing the order has a book value of $2,000. The equipment has no other use for Lansing Company. If the order is not accepted, the equipment will be sold for $1,500. If the equipment is used in producing the order, it can be sold in three months for $800. 14.If the special order is accepted, the operations will require some of the Storage Space in the Company’s plant. If the space is used for this purpose, the Company will rent storage space temporarily in a nearby warehouse at a cost of $18,000. The building depreciation allocated to the storage space to be used in producing the special order is $12,000. 15.If the special order is accepted, it will require a subassembly. Lansing Camera can purchase the subassembly for $24.00 per unit from an outside supplier or make it for $30.00 per unit. The 330.00 per unit was determined as follows: Allocated fixed overhead†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..... 8.00 Total unit of subassembly†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 30.00  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   16.Why is the distinction between relevant and non-relevant Costs so important for decision making in cost and Management Accounting?   1.Computation of budgeted factory overhead rate for Department Alpha. Budgeted Factory Overhead Rate ($225,000/$180,000)    2.Computation of budgeted factory overhead rate for Department Bet Budgeted Factory Overhead Rate ($180,000/40,000) The total overhead cost of Job 100 is Rs. 78,250/- WN-1: Calculation of factory overhead: 4.It is possible to have different overhead allocation rates. The possible reasons for using different allocation rate by Mavis Ltd. could be to split overhead costs in most appropriate and justifiable manner by using different cost pools. As this approach results in more fine-tuned allocations and costing. As in the above case, department alpha is using direct labour cost for allocation of factory overhead because it could be a labour intensive department and most of the tasks are done by labour. So, using labour cost as allocation rate is more appropriate. Whereas, the department beta could be machine intensive department, an The relevance of each of the following items in computation of the costs of the special order is as follows: 5.The book value of equipment to be used in producing the order of $2,000 is a sunk cost and therefore it is irrelevant for the decision. The relevant cost of the equipment is $ 700, i.e. $1,500 (sale value of equipment now, if the order is not accepted) Less $800 (sale value of equipment after 3 months, after producing the equipment). 6.The $12,000 building depreciation allocated to the storage space to be used in producing the special order is irrelevant that means the company will going to incur it irrespective of the fact whether the special order is accepted or not. So, it is a sunk cost. Further, the relevant cost is $18,000 which the company is going to incur only for the special order, if accepted. 7.The purchasing cost of subassembly is $24 per unit whereas if the company made it in house it will cost $22 calculated as below: Allocated fixed overhead of $8 is irrelevant for the special order as the company will incur this overhead irrespective of the fact whether the special order is accepted or not. So, from above it is clear that, the company should make the subassembly instead of purchasing it from outside. 8.The distinction between relevant and non-relevant costs is determined to ascertain the profitability of different alternatives available with the management. There are some costs which remain the same irrespective of the alternative chosen, these costs are irrelevant costs and hence are ignored while decision making, while the costs which changes or have impact on alternative chosen are treated as relevant costs. For ex, for the decision of making a particular product in house or purchasing it from outside, there may be come costs which the company has to incur in both the alternatives, is treated as irrelevant costs. 9.Calculation of Unit Contribution Margin Unit Contribution Margin   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Sales – Variable Cost   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $5,595 – $899-$233   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $4,463 10.Calculation of breakeven point in units Breakeven Point   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Fixed Cost / Unit contribution Margin   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $2,352,000/$4,463   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   527 units Calculation of breakeven point in dollars Breakeven Point  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Fixed Cost / Unit Contribution Margin * Sales Price   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $2,352,000/$4,463 * $5,595 11.Desired level of sales if the company plans to increase fixed costs by 5 percent and achieve a desired before-tax profit of $200,000 is 598 units amounting to $3,345,810 calculated as follows: Current Fixed costs  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $2,352,000 Proposed Fixed Costs (2,352,000*105%)  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $2,469,600 Desired Profit  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $   200,000 Total Contribution Margin  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $2,669,600 Units to be sold (2,669,600/4,463)  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   598 Sales value (598*5,595)  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $3,345,810 12.If the company’s income tax rate is 22 per cent, then 570 units (Sales value 3,189,649) are required to be sold to achieve an after-tax profit of $150,000. Managers uses break even analysis to determine the point of sales or the number of units required to be sold to recover all the costs incurred, meaning thereby to determine the level of sales where the company is having no profit or no loss. Thus, it also helps management in decision making. 13.Calculation of Contribution margin per unit of service Charges per night  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $50 Variable expense  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $20 Contribution   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $30 14.Calculation of Contribution-margin ratio Contribution Margin Ratio  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   contribution margin / sales   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $30/$50   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   60% 15.Calculation of annual break-even point in units of service and in dollars of service revenue Annual break-even point in units ($42,000/$30) Annual break-even point in dollars of service revenue ($42,000/60%)

Wednesday, November 20, 2019

Statistics for managers class discussion wk12 Coursework

Statistics for managers class discussion wk12 - Coursework Example Statistical process control is used when we are interested with the effectiveness of a production process. This is because the method uses statistical formulas to predict the suitability of the production process to meet the required standards of consumers. If the number of defectives is higher than stipulated figure, then the process is considered ineffective. If we are more interested with the likelihood of goods produced meeting the threshold of consumer standards, then acceptance sampling is the best method. It uses sampling methods to predict percentage of defective goods. If the extrapolated results do not reflect the minimum specification of defectives, then the whole batch of goods is rejected. It is a faster quality control method. Acceptance sampling involves rejecting or accepting a whole population of goods based on results obtained from a sample. Inspecting a sample is faster than inspecting several samples or a whole population of

Tuesday, November 19, 2019

Student must present and analyze this data and based on the analysis Essay

Student must present and analyze this data and based on the analysis students must derive requirements for the design of a simple decision support system to hel - Essay Example 2002, p.237). The hard part of selecting what best fits you is still present as below. From the above analysis, it is evident that software is good in saving time and cost effective. In restaurant, investing in software is a priority due to the monies they are willing to use. According to Barnes (2004), nowadays the choice of the software determines what you will be able to accomplish in time. In small scale business ventures, the owners need to be directed on what to use. Further, they should be trained how to use them since from the above two scenarios, they are experiencing difficulties in the operations. Also, during the purchase of the software, they rely much on the leadership of specialist, thus for them to be successful, a strategic department specializing in their advice should be set up which will lead them in selecting the software and informing them of the advantages of each. Further, they should be made aware of the importance of upgrading the software. According to Cynthia, M. (2006), software update minimizes the effects of data loss and makes the organization fit security wise. In this regard, they should be made aware of other services which exist since they appear to be only using the software which has been in existence since long ago. In addition, they should be made aware that, the amount they invest in software will be returned in terms of profits. Software raging from $400 and above should be designed aimed for the small scale business man. One is willing to invest in the correct software, one which will perform as per specifications. The environment one is in also plays some part. For example, family members as well as friends have been helping one in deciding and this is mostly if one is in the computing sector. In all the industry environments, software is in much demand but with the right specification. Cynthia, M. (2006). Beyond terrorism: data collection and responsibility for privacy. VINE, 36 (4), pp.  377-394 [Online]

Saturday, November 16, 2019

Impacts of Data Classification Standards Essay Example for Free

Impacts of Data Classification Standards Essay Through my research I have found three basic domains that are affected by the â€Å"internal use only† data classification standard. What I would like to discuss in this report addressing IT infrastructure is how these three domains are affected. I will be discussing the User Domain, Workstation Domain, and LAN Domain and will cover everything from the end user to the internet. The User Domain controls who has what access to what information within the organization and enforces the APU or Acceptable Use Policy. The APU only allows the user to access or work within the set parameters of what has be set as acceptable use. This is the weakest point in the IT infrastructure and it is the user’s responsibility act with integrity around this domain. The Workstation Domain is where the user is able to access the company network and use resources that are not on their host station. This is to allow the worker to easily be able to get the data or applications they may need. For the company’s network’s security usually the IT departments will set up user names and passwords or can allow access through managing the active directory. They will also have anti-virus protection as well as undergo regular updates and scans. Since this would be a company network it would be not acceptable to have personal devices on the network unless preauthorized by management. The LAN Domain is the big picture of what the company network has. It is a collection of all the host and devices on the network and also including all the physical networking of the company’s network. The LAN Domain needs to be very secure due to the vast amount of components involved. One of the biggest threats can be as simple as unauthorized access on the company’s local area network.

Thursday, November 14, 2019

King Oedipus as The Classical Greek Tragic Hero Essay -- Oedipus Tragi

King Oedipus as The Classical Greek Tragic Hero In his Poetics, Aristotle defined the term 'tragedy' as 'a man not preeminently virtuous and just, whose misfortune, however, is brought upon him not by vice or depravity, but by some error in judgement' the change in the hero's fortune must not be from misery to happiness, but on the contrary, from happiness to misery'. From this definition, he further expanded it by defining the profile of the Classical Greek tragic hero, basing it on what he considered the best tragedy ever written, Sophocle's Oedipus Rex. He felt that a tragedy should comprise of the hero's goodness and superiority, a tragic flaw in which the hero makes fatal errors in judgement which eventually lead to his downfall, a tragic realisation in which the main character understand how he has unwittingly helped to bring about his own destruction and the absence of freewill in the tragic hero's life. Oedipus was a good ruler: just, compassionate and sympathetic. When the priests of Thebes approached him, pleading for help on behalf of the people of Thebes who were suffering from death and famine. Oedipus immediately agreed and promised them that he would do his best in solving the problems, saying that his heart bore ?the weight of his own? and ?all of his people?s sorrows?. He promised to ?bring everything to light?. Oedipus was also a filial son. When he first learnt about the prophecy in Corinth, he was unwilling to stay and left immediately, in case circumstances would ever lead him to kill the King and marry the Queen of Corinth, whom he had then thought of as his natural parents. Oedipus? superiority was also evident in the play, not only through his ranking of the king of Thebes, which automatically placed him far above the nobles, priests and common people, but also through his intelligence. When the Sphinx ?plagued? the city by blocking the city gates and eating those who could not answer its riddle, which was "what is it that goes on four feet in the morning, two feet at midday, and three feet in the evening?" Oedipus was the only person able to chase the Sphinx away with the correct answer of ?man?. This led to him becoming the king of Thebes which in turn led to his superiority of ranking. However, Oedipus was not a perfect man. His tragic flaw was that of stubbornness, impulsiveness and most of all, his grandiosity (wh... ...d that Oedipus find Lauis? killer. This sparked off a whole chain of events which led to Oedipus finding out the truth, Jocasta killing herself, Oedipus blinding himself and finally leaving Thebes. The man who once was envied and respected was now an outcast, despised and hated. A tragedy must be an imitation of life in the form of a serious story that is complete in itself. In other words, the story must be realistic and narrow in focus. A good tragedy would evoke pity and fear in its viewers, causing the viewers to experience a feeling of catharsis. Catharsis, a Greek word in origin, means "purgation" or "purification". Running through the gamut of these strong emotions would leave viewers feeling elated, in the same way we often claim that "a good cry" would make a person feel better. Oedipus Rex is a perfect example of what Aristotle meant by a tragedy. It talks about a man who has no say in what path his life would take, a man who once had everything. He was a king, a good husband and father, a man contented with his lot in life who eventually lost his status, wife, children and home. He evokes sympathy simply because he was not evil or foolish, just human and fallible.

Monday, November 11, 2019

Now he makes all the decisions Essay

threatening Q and Steel shows the power Bishop believes he possess. He believes that he has them cornered. He is so confident that he won’t be turned in that he shows up at Raheem’s funeral. He believes that the three of them should carry on with their lives as if nothing changed. He tries to force Q to hang out with him when he meets Q at his locker in school. He question’s Q about why he has not been around. When Q answers that he is not worried about hanging with Bishop. Bishop explains to him that he needs to be worried because he determines if Q and Steel lives or dies. The power of being able to take someone’s life (which he demonstrated twice with Raheem and the man in the store) had consumed him. Now he makes all the decisions. They cannot cut him off he won’t let them. It has even become a kind of game for him. They hide and avoid him, and he searches and finds them. This can be seen in Bishop’s smile when he explains to Q that he is crazy because he doesn’t care about anything. It’s funny to him that they fear him so much now that he has a gun, but feared him so little when he did not have a gun. This is what he always wanted, to be feared. He feels that as long as he is feared he is respected. But Bishop was wrong. He over estimated his power and although Q feared him, he refused to let Bishop control his life. And when he tries to take Q’s life, he fails and falls to his death. Bishop would not have gotten greedy for power and try to control everyone he may have lived. But as was stated previously, people will retaliate and defend themselves, so you cannot expect to live long if you threaten to kill people. Another example of this cycle of destruction is the movie Belly directed by Hype Williams. In Belly, DMX plays the character Tommy, a gangsta turned drug dealer who will do whatever it takes to make money. Tommy would do pretty much anything to get money. He doesn’t care about his girl friend Keisha, his underage mistress, or anything the is in the way of him making money. Tommy basically feels that the most important thing in his life is money everything else is expendable. For example, Keisha is in his life for sexual reasons. She is like an ornament. He cheats on her with an underage girl who gives him oral sex. To him they are both in his life because he has money, so he feels that as long as he has money they will stay around or simply be replaced. He dedicates none of his time or consideration to either one of the women. When Keisha goes to jail because of him, he doesn’t even attempt to do something the help her get out of jail. He simply tells Sincere to explain to her what happen. He feels as though he doesn’t have to do anything for her because she is not that important. She is there for his needs and nothing else. He has to power to tell her when to come, leave, shut up, and have sex with him. This is the power that money gives him. He knows this and tries to explain it to Sincere. He tells Sincere that money is the reason that they are on earth. They were put here to make money and receive all the benefits of money such as: women, and power. For Tommy it is the game of life. He is to make as much money he can anyway he can, and if he does he can have to benefits of money. Because Tommy has power he insults anyone he wants too. I am sure that he never thought that the guy who he made strip in the basement would try to get revenge on him. He felt that he was too powerful to be touched and if someone tried he would reach out and touch them. He also displays this power when he manipulates the two boys and plays them against each other which leads to them killing each other. But in the end Tommy realizes that he was stupid and you need more then money in life. You need people to look out for you like Keisha and Sincere were trying to do. Tommy believed that his power would stop people from setting him up, but he was wrong because the FEDs caught up with him. In his quest for money, Tommy stops respecting mankind and only respected money and those with money. And when you disrespect people, people will do whatever they can to bring you down. In the end you will pay for the pain you cause others. But out of these examples, the movie Belly is the only one in which the cycle was not complete. After Tommy agrees to work with the police to get out of serving time, he gets religious and decides to change his life before he self-destructs. He breaks the cycle because he realizes before it is too late that money is not important. And money does not bring true respect. You have to earn respect and power. And you have to respect others. The power that comes with the ‘fuck it’ attitude is very appealing because it is quick and easy to some degree. It is because it is an easy way to gain power (power through fear or money) it is addictive. It cause people to believe that they cannot be stopped and can do what ever it is that want. But this is a false sense of power. This false sense of power always leads to their self-destruction. You cannot treat people with disrespect and not suffer the consequences one day or another. But the power leads them not believing there are no consequences, and therefore they are not prepared when the consequences come.

Saturday, November 9, 2019

How to Motivate Employees Essay

Introduction A â€Å"Dark Horse† company was founded in 1994, which is well known for manufacturing tires in Uzbekistan for local cars. The company produces low prized tires which is more affordable for citizens. However organization is facing high competitiveness in the local market, moreover, the problems concerned with the location of the company which is far from the city center, as a result, it has high turnover rate. â€Å"Dark Horse† company contains 50 employees, 5 of them works in Administration, 7 in Sales, other 38 employees work in Production. 1. Motivation plans The key factor of success in today’s business is employee’s performance  because, their working quality designates business improvement. However, making workers motivated is not easy for organization. Money does not only key, therefore, employees should have many senses that encourages working hard. Consequently, we planned many motivation theories in order to create those senses. 1.1 Achieving high job satisfaction Source: buzz.waspbarcode.com 1. Making high job satisfaction starts with suitable working hours. Setting convenient schedule shows that worker’s personal life is also important for employers. Consequently, it gives opportunity to make relationship between employer and workers better. 2. According to the famous companies, organizing rewards like â€Å"Initiator worker† once in a month is very effective. Because, individual recognition intensive tool to increase workers moral and motivation and their performance. 1.2 Reducing employee turn-around Source: halogensoftware.com 1. Interview with candidate should be carefully. Gather as much as information you can about job applicant. Skill testing is also effective to hire right people from the beginning. 2. Every employee should have exact development plan and should be trained at least annually. As a result, they think about their career and its progress. 3. Any organization cannot hold worker if they want to leave. So that, do exit interview where, you can know reasons and factors why they are going. Eventually, you can reduce employee turnover with basing on these information. 1.3 Improving high productivity Source: halogensoftware.com 1. If any company wants to achieve high productivity, they should start with task partition. Firstly, do not assign two tasks at the same time. Secondly, order every task to specialists. Consequently, you will realize that your business running in the right direction. 2. Statistics show that leading company’s key factor of success is collaboration among staff. Moreover, every workers skills and ability should be considered and headed off effectively. 3. In order to motivate employee that encourages to high productivity work places should be furnished with extra technologies and equipments. At the same time, workers should have knowledge and practice to work with them. Training staff constantly and informing about news increases worker’s performance and it is very important in today’s business. 1.4 Reaching high-quality work Source: halogensoftware.com 1. High-quality performance of company’s bottom line is fundamental of growing. There are some methods of improving this staff. First of all, competition among employees. Furthermore, every manager of organization should have skill to make healthy competition. 2. Second method is avoiding micromanaging. It might be seen unusual but it is really important in working environment. Because, every worker should have sense of confidence and must be given freedom. 3. Challenge your employees with new tasks. New duties might be absolutely different comparing with duty which they used to do. However, it would give them more practice, training and opportunity to develop their ability. 2. Methods of motivating all employees Most employers may find it hard to encourage employees to give of their best obligation at work. It is a fact that in many companies’ employers doesn’t understand the power of motivating employees and its importance. 2.1 Happy environment Based on â€Å"McGregor’s theory Y† assume that employees working under proper environment and like the work they do, will aim to take the responsibility  in order to satisfy their social, esteem, self-actualization needs. The atmosphere of the company should be positive and fun. Some organization’s employees usually celebrate birthdays, anniversaries and celebrate outstanding achievements, and other company’s employees organize different volleyball or football competitions. Encouraging activities that unit and improve teamwork. Moreover companies tend to make comfortable and enjoyable workplace for employees 2.2 Give a praise in public According to â€Å"Maslow’s theory of human motivation†, glorifying the employee’s goals in a public forum in different meetings. This will give a great boost for the certain person’s morale and may serve as a motivation to others. Moreover, recognition also can be a useful factor such as starting â€Å"employee of the month† program or just making compliment and simple things like thanking face-to-face, it will improve self-esteem of employees. 3. Three ways to motivate the minimum wage Motivating employees is essential for any company in order to develop. However, it is a common phenomenon and indisputable fact that many companies find it hard to stimulate minimum wage employees. According to â€Å"Maslow’s Theory† people, who get minimum salary, have trouble with basic and first needs for living such as food, clothes, water and moreover they are trying to protect themselves from physical and economic harm. At its simplest, this type of people belong to low-level need: Physiological and Security Needs. Below we will introduce 3 ways to motivate them. 3.1 Rewards It would certainly be a sobering thought to assert that some luxury items such as ticket to an entertainment events and movies, or perhaps a little money for perfect performance will keep them motivated. If money is restricted, pizza for lunch twice a week or ordering donuts on Fridays will give them something to look forward to. 3.2 Promotion Many minimum-wage workers have a lot of ambitions and plans but have trouble getting up the corporate ladder. Based on â€Å"Herzberg’s Two-Factor Theory† helping to realize personal growth of potential employees, they will give the chance for further amelioration by providing extra training courses and proper education. It will stimulate minimum-wage workers to show their best in order to get a promotion. 3.3 Make Them Feel Special Minimum wage workers usually feel themselves undervalued and unimportant. Rod Walsh, co-author of â€Å"Semper Fi: Business Leadership the Marine Corps Way,† likens business to the military. Marine recruits are made to feel that they are part of an elite team from day one. Make your employees feel the similarly, emphasizing special sides of your business and always reminding them that not just anyone can be successful in this certain job. 4. Teamwork and individualism Nowadays, in organizational context teamwork and individual worker play important but different roles. From the McGraw-Hill’s â€Å"Business† book, it can easily be inferred that benefit of teamwork outweigh the individual one. 4.1 Working in a Team People working in a team more likely to have better communication with others Employees cooperate with each other, as a result, it increases the work efficiency Teamwork give a chance for sharing ideas among the group As person’s knowledge and ability are restricted it would be easy to deal problems in a team. Shortly, two heads are better than one Working in a group makes relationship better Group working allows employees to complete complex and large tasks which are  impossible for one individual. Furthermore, teamwork detects all minor problems which might be missed by person. 4.2 Benefits of Individualism One of the main advantage of individual worker is better concentration and focus on project. Working individually makes real to decide what to do and when It allows to make decisions by your own. Individual workers do not rely on others and only responsible people for work Individualism brings creativity and innovation to business. According to researches by Professor Barry Staw in the May 2006, organizations that promote an individualistic behavior are more successful in business. 5. Improving company’s growth and profit 5.1 Increasing productivity of company Connect employees virtually across the organization. Establish employee portals and different sites which can manage to connect teams and groups with each other, for the employees to do their work more effectively and efficiently within the company. Control productivity of the business and employee progress on goals. Online business software solutions enable managers to more easily track progress during every phase of goal completion and offer instant reinforcement or handler to keep productivity and deadlines on track. It will improve business productivity because the company is staffed with workers who are constantly learning new skills and being challenged to do their best. Moreover, employees who are motivated, happy and alerted will work harder. Motivating your staff members by awarding them for their successes, using material and non-material stimuli. 5.2 Increasing profitability of company Preparing Analytical Tools. Management should have an encounter or analyst to prepare analytical tools such as a common-size income statement. This income statement shows every expense as a percentage of sales, allowing management  to isolate costs that could contribute to decreasing profits. The company can perform this analysis for, preferably, three years of historical data. An analyst compares the three years to each other by reading across horizontally. Expenses as a percent of revenue are compared for each year to reveal trends that show expenses raising or lowering as a percent of sales over time. Some costs, such as the cost of goods sold, will naturally rise with sales increases because they represent the raw goods used to make products to sell. Building rent, administrative costs and some utility bills should remain the same, regardless of increases in sales. Conclusion All things considered above, it can be concluded that organizations should survive in today’s competitive environment. Moreover, they should think about how to improve productivity and increase profit of the company. Motivation is the main aspect in achieving this development. If all suggestions, which were illustrated, are implemented, the company has the chance for further amelioration and improvement. References 1. Australian School of Business (September 21, 2010) Productivity: How to Make Companies Work Smarter. Available at: http://knowledge.asb.unsw.edu.au/article.cfm?articleid=1218#top [Accessed 1st March, 2014] 2. Bob Whipple (2012) 10 Keys for Reducing Turnover. Available at: http://www.leadergrow.com/articles/27-10-keys-for-reducing-turnover [Accessed 27th February, 2014] 3. C. H. Tan, D. Torrington. (2014) Human Resource Management in Asia. 3rd ed. Pearson. pp-139-145 4. Chris Lake (September 10, 2013) 25 ways to boost employee satisfaction levels and staff retention. Available at: https://econsultancy.com/blog/63380-25-ways-to-boost-employee-satisfaction-levels-and-staff-retention [Accessed 3rd March, 2014] 5. D. Torrington, L. Hall, S. Taylor, C. Atkinson, (2011) Human Resource Management. 8th ed. Pearson. pp-335-341 6. Dunya Carter (January 18, 2013) 10 Easy Ways to Increase Your Job Satisfaction. Available at:

Thursday, November 7, 2019

The Grapes Of Wrath Essays - Dust Bowl, U.S. Route 66, Great Plains

The Grapes Of Wrath Essays - Dust Bowl, U.S. Route 66, Great Plains The Grapes of Wrath If you consider Ma Joad concrete then consider Pa limestone... The Grapes of Wrath by John Steinbeck, shows a whole family and their struggles. The grapes of Wrath is modeled after a biblical reference to the Israelites, god?s chosen people. They also left their land, Egypt, and wandered into the desert for many years,searching in vain for a promised land, the land of milk and honey. A lot like the Israelites, many farmers in the middle of the country began migrating to California. The Joads I believe had no choice but to leave the dust bowl to find work. They also had to cross the desert and lost the life of Grandma Joad in the process. During the depression the Joads? farm was foreclosed. Them and all around them were driven from their land. The depression caused all to be extremely poor. If this hadn?t been the case the migrants would have all made it to the west coast a lot easier. The country set itself up during the depression in a way that caused only a vicious circle. The country was in a rut and held itself there. Steinbeck was trying to capture an average depression swept family. In this search he created the Joads. Banks began to foreclose on farms and people became homeless. The losses of everything they owned caused people to have no choice. The only way was to leave. They were driven from their land. A difficult struggle lied ahead for the people. They left with everything they owned. There was so little, they strapped it onto, usually to a rundown old pick-up truck. With Steinbeck trying to show the real life issues intermitanly introduced all the political aspects and outlooks of the depression. He would, in odd chapters, show the aspects that lay for everyone, not just the Joads. Stein beck often showed the prejudice and hatred for the migrants. Somewhere around the middle of the book an ?okie? family stops at a roadside 66 truck stop. They are hoping to buy some bread with the mere money they have rationed. The waitress is very bitter and tries to get rid of the man. She turns down his needs for a half a loaf of bread. her boss turns and reprimands her. The man is sold a small amount of bread for his money. The man turns to see his little boys gazing at the candy case. It eats at his stomach to know that he can?t afford to buy his boys candy. The man timidly asks if t! he candy is penny candy. The waitress replies no. The man aches. The waitress turns and states that it?s two for a penny. Smiling as they head down the road the waitress feels good about herself as the candies were a nickel a piece. The depression and all the migrant brought a lot of spite and anger. But in a few cases it also caused people to draw up a kinder side of the waitress Mae, was shown by Steinbeck. Probably the biggest act of kindness Steinbeck shows is in the end of the novel. The biggest symbols found by myself lead to the loss. Rose of Sharon Joad loses her baby before she delivers. Afterwards, as were very familiar with comes great flooding. This is where Steinbeck shows the coming generosity. Rose of Sharon breast feeds a starving stranger, saving a life. The effect on people because of the depression is shown by Steinbeck. He shows the kindness and the bitterness that came to our country. The effect comes from death and poverty just the same as any time period but the cause was much stronger- the depression.

Monday, November 4, 2019

Lean Transition Case Study Example | Topics and Well Written Essays - 1000 words

Lean Transition - Case Study Example As the company transition to lean practices, their accounting system and performance measurement reports have become unreliable, inaccurate and inapplicable to the flow line value streams. The lean production environment led to problems in the current labor reporting, production efficiency and product costing methods. The management wanted to monitor the efficiency, productivity and profitability under the lean production practice. Yes, the management must change the product costing system of Aero Gear, Inc. in order to align the system with their lean production practice. An aligned management accounting system maximizes profit. An accounting system that fails to provide information that is timely or in a useful format will be rejected by users and will not be beneficial to the management. Identifying costs at the item level will lead to inaccuracies and will result to irrelevant information. The management should manage the product costing at the aggregate level. It would be preferred to use management financial statements instead of profit and loss statements. The information communicated by the new financial statements should allow readers to easily evaluate the results of changes in the lean business practice. The change from cost accounting to cost management is inevitable. Attaching direct labor and setup costs to the finished product also creates trouble with the product costing system under lean manufacturing. The old product costing system utilizes direct labor measure as the overhead rate denominator, which is applicable only if the manufacturing capacity is proportionate to direct labor consumption. Also, elimination of all waste is the objective of lean manufacturing. Since lean practices would lead to a lower inventory level, it would create a negative effect on the reported gross and net profit in the profit and loss statement because inventory is recognized as an asset. Should they hold off making a change despite their dissatisfaction with the current system and continue to look for a better product costing method Holding off change would only create more inaccuracy in product costing, performance measurement and cost management. The company can employ two or more product costing while evaluating their effectiveness. Lean business practice embraces the concept of continuous improvement. In order to initiate improvement, the company must first adopt a system and then find ways to improve it, if not replace it. Were there any additional measures they could collect and use to measure flow line performance The central focus of lean manufacturing is to eliminate wastes. Measures of wastes like scraps, defects and machine-downtime and its impact on the line performance would benefit management decisions. A recommended method of reporting is through a cash flow analysis where it will effectively track the positive aspect of liquidating inventories. Cycle time can be integrated in the analysis. Additional metrics such as tracking the improvements in direct and indirect labor on a weekly or monthly basis would also be helpful. Was it fair to

Saturday, November 2, 2019

Zen Buddhism - The Land of the Disappearing Buddha Essay

Zen Buddhism - The Land of the Disappearing Buddha - Essay Example As such, this school of Buddhism favors ones direct comprehension through Zazen and the interaction of a believer with an accomplished teacher or spiritual guide. Some of the basic teachings of Zen include various sources of Mahayana thoughts, more so, the Yogyakarta, Huayan, and the Tathagatgarbha alongside an emphasis on issues such as totality, the Buddha-nature, and the Bodhisattva-ideal. Other influential elements in Zen Buddhism are the Madhyamika and the Prajnaparamita. Zen began to develop as a distinct school of Buddhism through the teachings of an Indian Sage, Bodhidharma, who taught at the Shaolin Monastery of China. Due to his efforts in popularizing the school of Buddhism, Bodhidharma is often referred to as the First Patriarch of Zen amongst many believers. Zen Buddhism is also subdivided further into three main sub-schools namely, Rinzai, Soto, and Sanbo Kyodan. Zen Buddhism is different form other traditional forms of the religion. However, the differences exist more in the form rather than the essence of each school of Buddhism. One of the most popular forms of traditional Buddhism in East Japan is Theravada. This type of Buddhism is founded on the initial principles of the religion that Buddha himself practiced. These include careful mediation while observing the rules of conduct, studying the canon of Buddhist scripture, the Vinaya, revering Buddha, and understanding the Sultras as well as its commentaries. For the adherents of this school of Buddhism, the religion is almost a monastic practice of the teachings of Buddha. Zen Buddhism is different from other schools such as the Theravada school because it does on play greater emphasis on scriptures and the Sultras. In fact, Zen Buddhists teach that the school is an intellectual practice that anyone can learn and practices as opposed to being a religion for the selected individual believ ers. In as much as Buddhism began in China, its movement across the continent into other co8ntries and