Math Problems Speech or Presentation Example | Topics and Well Written Essays - 1500 words

Math Problems - Speech or Presentation Example Budgeted factory overhead is $400,000 for the current year. Of this amount, $100,000 is fixed. Of the $18,000 of factory overhead assigned to the Northern Cycles, only $13,500 is driven by the special order. $4,500 is a fixed cost. Certain costs can be omitted because the analysis is based upon margin contribution. Under the set structure, 25% of the factory overhead is fixed, which translates to the $4,500 of fixed costs associated with the special order. In this analysis, G&A costs do not even need to be calculated. The 10% markup offered by Mr. Bass does not even cover the special order’s portion of operating fixed costs ($ 4000 - $ 4,500 = ($ 500), much less the order’s share of fixed G&A or variable unit fixed cost allocation. In other words, once we reach the point of determining a loss, there is no need to proceed on to the costs that might be relevant if this special order was not so unreasonable. If the offer is accepted, the opportunity costs are considered as the difference in payments between what would be received from the Bass deal and what would be received on the open market. In this case, the Bass deal returns $ 4,000 above costs, and the open market sales return $ 24,000 above costs. Thus, the opportunity cost of the Bass deal is $ 20,000. It should consider whether it could place a special order of this size with other sources who are willing to pay a higher markup than Bass. It should consider whether the cost of keeping the Bass account is worth the short-term profit loss to the company. If the market is strong, Thousand Island may not be able to afford a customer like Bass. The Entertainment Corporation produces and sells three products. The three products, CDs, DVDs, and videotapes, are sold in a local market and in a regional market. At the end of the first quarter of 2009, the following income statement was prepared: Management has expressed special concern with the regional market because of the

Case study of Jack Welch at General Electric Essay

Case study of Jack Welch at General Electric - Essay Example According to this definition, Welch partly fulfilled the corporate social responsibility. In the Welch era, the General Electric Company fulfilled numerous responsibilities to the society. For instance, the company fulfilled its economic responsibilities by paying taxes worth 5.7 billion US dollars in 2000, and enriching shareholders and pension funds to its employees. In addition, the company enriched its managers, transforming them into multimillionaires. Additionally, the company was involved in sponsorships in 2000 where it established a charitable institution, the GE fund, which completed 40 million US dollars in donations to educational institutions and non-profit organizations in United States. However, General Electric Company under the Welch era can be criticized for its lack of corporate social responsibility. Welch’s leadership was not appeasing to everyone for numerous reasons. He was regarded as a ruthless employment cutter where he laid off a mass of employees during his tenure. Needless to say, he also emphasized on globalization where he transferred labor to low wage countries. This created unemployment within the society and loss of labor within United States. The defective evaluation system and the pollution in the Hudson Rivers also constituted a lack of corporate responsibility to the society. Though no company ever achieves this paragon, General Electric Company should have endeavored to attain it. In order to achieve this, the Welch should have devised a fair evaluation system that would reduce the rate of layoffs in the company and motivate its employees, and device other environment friendly disposal methods that would reduce pollution to the society. The General Electric Company under Welch illustrates a constricted standpoint of corporate social responsibility nearly similar to friedman’s perspective that the only corporate social