Classic Pen Case Free Essays

ACC 341 Classic Pen Case Assignment You should hand in one page of analysis and two sets of supporting calculation. The first supporting calculation is an ABC system for Classic Pen, constructed by filling in the blanks in the following table. First allocate the total expenses in each row to the various activities, based on information in the case. We will write a custom essay sample on Classic Pen Case or any similar topic only for you Order Now Then choose a cost driver and calculate the rate per unit of the cost driver. Activities Schedule Handle Production RunsSet up MachinesKeep Product RecordsRun MachinesTotal Expenses Indirect labor related fringes14,00011,2002,800$28,000* Computer systems$8,000$2,000$10,000 Machinery8,000$ 8,000 Maintenance4,000$ 4,000 Energy2,000$ 2,000 Total activity costs22,00011,2004,80014,000 52,000 Cost driver# of runsSetup timeDL HoursMachine Hours Total quantity of cost driver150 runs (Exhibit 2)526 hours200010,000 Allocation rate per unit of cost driver146. 6721. 292. 401. 40 *This includes half of the $16,000 fringe benefits. The other half is associated with direct labor – don’t forget to include it in your ABC income statement! The second supporting calculation is an ABC income statement showing sales revenue minus each type of direct and indirect cost assigned to the four pen types. Add two lines at the bottom of the income statement: one line shows the operating profit per unit for each type of pen based on your ABC calculations, and the other line shows the operating profit per unit based on the traditional-income calculations in Exhibit 1 of the case. The analysis consists of answers to the following questions (about one-half page each). a)Your ABC analysis should show that purple pens are very unprofitable, while blue pens earn most of the factory’s profits. One of the managers at Classic Pen questions your analysis, saying, â€Å"I can’t believe there’s that much difference in profit per unit between the blue and purple pens. Purple pens sell for ten cents more than blue pens, and material costs are only five cents higher. Labor and machine-hour costs are exactly the same, setup time per run is the same, and we only do twelve production runs for purple pens, compared to 50 for blue pens. So how can the profits be that different? Write a paragraph explaining why per-unit profit is so much lower for purple than for blue pens. In the traditional income statement, overhead costs and indirect labor costs were not linked to the specific products that used them in the process of producing them. They were simply allocated to each uniquely colored pen by the amount of sales they generated, which didn’t take into account the amount of money and time that was spent on making them. This caused direct labor costs to be spread out among the products, regardless of how much the cost of producing them was. In the second income statement that was created in the problem, instead of basing these costs on sales they were based upon certain drivers, such as the number of runs and the amount of time preparing the machine and reports done for each product. This helped to allocate the costs of indirect labor and overhead specifically to the products that were using these resources, helping to give a more realistic picture of the revenue generated for a certain color pen versus the costs spent making them. The purple pens had high quality standards that they had to meet, which required a large amount of time spent on preparing the machines for their runs. It is this relatively large amount spent on indirect labor for purple pens, not the material costs, that causes them to turn such a lower profit than the blue pens. (b)The current overhead allocation rate at Classic is 300% of direct labor. A few years ago it was only about 200%. In the Bridgeton case we saw the overhead rate going up because products were dropped, and volume (and direct labor) went down while fixed overhead costs remained. But that is clearly not the case here! At Classic, new products have been added, and production volumes have gone up. If overhead costs are variable, the increase in volume and direct labor would increase total overhead costs but not the overhead rate. If overhead costs are fixed, the increase in volume and direct labor would leave total overhead costs unchanged and decrease the rate. So how can it be that the overhead rate has been increasing at Classic? Write a concise explanation. When Classic only had two different colored pens, overhead allocation rate was much lower because the number of direct labor hours making the products was lower than when the new products were added. As stated in the case, the amount of time spent on preparing the machines for producing the blue colored ink for pens was less demanding than that of purple or red. For the black colored ink used in the pens, the amount of direct labor spent preparing the machines was nearly non-existent because the vats didn’t need much cleaning out after switching from blue ink, as it did not really affect the quality of the ink color. By adding just two more ink colors, red and purple, the number of direct labor hours significantly increased, which also increased the overhead rate because production was largely increased. The additional colors increased the number of times the vats needed to be emptied out in order to make and produce all the different colors of ink, which added on to the direct labor hours. The red and purple inks also did not disguise residual ink left in the vat nearly as well as the black ink could, so not only were the emptying the vats more often, they were spending a great deal more time cleaning them out in order to meet the color quality standards needed in order to sell the pens. How to cite Classic Pen Case, Papers

Importance of Education free essay sample

Education Is a complex subject which appears to elude definition. With the passage of time it has gathered new dimensions and stirred the human mind In unpredictable ways. Intelligent and well-meaning men have, at al tlimes, attempted to define the ideals of education in their own way. While some have emphasized its physical or moral aspects, other have laid greater stress on its intellectual or social role. John Stuart Mill holds: Whatever helps to shape the human being; to make the human being what he is, or hinder him from being what he is not is part of his education. A more satisfactory definition comes to us from Sir Richard Livingstone. He believes that education must include a vocational element , a social or, as the Greeks would have called It, a political element and a spiritual element education must help men to achieve these three ends. Education is a continuous process and it aims at the total development of the Individual. We will write a custom essay sample on Importance of Education or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The process begins with the home and progresses through school. If parents and teachers work in harmony. The mind of the child blossoms. His good and useful powers are developed in an agreeable way and his evil and useless ropensities are checked. As he moves up in the scale of time and receptivity, he begins to understand the full meaning and purpose of a liberal education. One of the main essentials of education is to provide the individual with the capacity for logical objective thinking. Without this skill It is difficult to conceive of any ones acquiring and continually expanding the knowledge which Is considered indispensable to an educated man. According to Albert Einstein, The development of general ability for independent thinking and judgement should always be placed oremost, not the acquisition of special knowledge, An educational system which is In proacuve bookish and remote from life will evidently be lopsided and serve no genuine purpose. In the conditions of modern life the rule is absolute; the race which does not value trained intelligence is doomed. A singular tribute, indeed , to the glory of the critical spirit from prof. AN. Whitehead. Equally essential Is the religion-moral element. In a way, the cultivation of morality, or right conduct or good behaviour in its widest sense, is the supreme alm of education. A curriculum can ill-afford to be blind to this object, for its importance far transcends the syllabic domain. Absence of a meaningful set of values may breed arrogance and conceit. Institutions must contribute as much as they can to the traditional virtues of humility. truth contribute as much as they can to the traditional virtues of humility, truth, honour, piety, fortitude and so on. In particular, we cannot believe that the ignorance of the Holly Quran is a suitable hallmark of educated men. A working acquaintance with this unique code of human conduct Is so obviously fundamental as not to require argument So much attention is often directed towards the mental and ethical branches of tOf2 ignored. The body, indeed, is not merely and instrument through which the mind achieves its purpose: it is a necessary condition of the very existence and efficiency of the mind. That many disorders are psychosomatic is now an accepted fact of modern life. The time-honoured maxim, a sound mind in a sound body, contains a deeper truth than many suposethe truth that a healthy mind is impossible without a healthy body. A harmonious blending of the mental, moral and physical cultures is then the ideal f a sound meaningful education. In a developing country like pakistan, the fruits of knowledge must be canalized in yet another direction as wellnamely, as a resource for national development. Thinking should make a leap from the classroom to the practical problems beyond the campus. Our educational system should be consonant with the countrys self image; it should be, in form and content, consistent with the hopes and aspirations the country holds of itself; indeed, it should be the medium through which our aspirations come to be realised

A beautiful life written response Essay Example For Students

A beautiful life written response Essay Performance reflects the performance style, dramatic techniques and conventions, conveys ideas and develops a response from the audience, and reflects the historical and social background.  A Beautiful Life by Michael Futcher and Helen Howard is a deliberate and artificial construction based on a number of stories of real life. The play is a dramatic theatrical exploration of the issues suronding Australian society and multiculturalism. Using an  Innovative approach to convey and construct these issues an array of different dramatic forms and techniques are used. My group performance has taken theses techniques/conventions to engage an audience and reflect on the styles, techniques and convention A Beautiful Life explores to depict the epic human tale of a little man against forces much lager then himself. A Beautiful Life is the story of the dramatized evens of an Iranian refuge musician and his family; the fictitious character of Hamids experiences in gaol in Iran where he is tortured and forced to witness human rights abuse before making a dramatic escape to Australia in the 1980s where the hardships of his previous life follow him to a protest outside the Iranian Embassy in Canberra. Again he is arrested for his passionate act of protest which leads to misunderstanding and hostile charges of terrorism. His Subsequent trial takes us on a heart wrenching journey of his families many horrific and powerful experiences he has been faced with throughout his lifetime so he can now have what he calls a beautiful life. Interweaved with this story is the account of the Iranian refugee raid on the Iranian Embassy in Canberra as 4/3/1992, an aftermath 500 Mujahidin freedom fighters slaughtered by Irans governing regime. The Founders of Matrix Theatre Company Michael Futcher and Helen Howard have merged these two gripping stories to create a compelling story full of prejudice, injustice and brutality. On April 6th 1992 a raid on the Iranian Embassy in Canberra was staged in response to the reported hundreds of killings of the Mujahidin freedom fighters. Those who participated in the event were labelled terrorists and faced the danger of being deported back to the very country they despised simply because officials failed to understand the cause for these protestors passionate actions. The MeK is an organization for the liberation of Iran, working towards overthrowing Ayotollah Khmeinis (Iranian religious leader, scholar, politician, and the leader of the 1979 Iranian Revolution) and replacing him with their own secular government system. The MeK is the dominant member of the political Coalition of Iranian opposition groups known as the national council of Resistance in Iran and considers itself to be a government in exile. The organization in run by a woman named Maryam Rajavi and her husband and their objective is to create a secularist government which supports gender equality, political pluralism and the separation of church and state. These aspirations all deemed illegal in the current regime, the punishment being death if one was to be found being associated with any part of what the MeK stands for. On April 6th 1992 there was a delinquent impression of those who protested against the murders of these people in their homeland from the Autralian community because they could not comprehension or understand the situation, therefore labelling the protest an act of terrorism.  Our play exemplifies the predicament and hardship these refugees faced in order to come to Australia, the protest at the Iranian Embassy and the trial of those accused of terrorism and the destitution of their homeland as portrayed in A Beautiful Life. A Beautiful Life like our play conveys the ideas of prejudice, injustice and brutality through a variety of dramatic forms and techniques, one of these techniques being the language barriers between Hamid and Jhila, Stephanie and Brendan and the Australian public. Hamid and Jhilas inability to speak Fluent English causes a barrier between themselves and the Australia public. Being unable to articulate themselves causes them turmoil as they are unable to justify themselves and help others to understand their actions when they are arrested for displaying acts of terrorism. An example of this is in Scene 2 of our play, Hamid uses the words madness when he means anger, which causes Brendan to think he is insane. Another example in the same scene also shows two Australians in Iran who are unable to effectively communicate with some Iranian Guards. .ue26e498d1a4a89adcbba68181c71a877 , .ue26e498d1a4a89adcbba68181c71a877 .postImageUrl , .ue26e498d1a4a89adcbba68181c71a877 .centered-text-area { min-height: 80px; position: relative; } .ue26e498d1a4a89adcbba68181c71a877 , .ue26e498d1a4a89adcbba68181c71a877:hover , .ue26e498d1a4a89adcbba68181c71a877:visited , .ue26e498d1a4a89adcbba68181c71a877:active { border:0!important; } .ue26e498d1a4a89adcbba68181c71a877 .clearfix:after { content: ""; display: table; clear: both; } .ue26e498d1a4a89adcbba68181c71a877 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ue26e498d1a4a89adcbba68181c71a877:active , .ue26e498d1a4a89adcbba68181c71a877:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ue26e498d1a4a89adcbba68181c71a877 .centered-text-area { width: 100%; position: relative ; } .ue26e498d1a4a89adcbba68181c71a877 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ue26e498d1a4a89adcbba68181c71a877 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ue26e498d1a4a89adcbba68181c71a877 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ue26e498d1a4a89adcbba68181c71a877:hover .ctaButton { background-color: #34495E!important; } .ue26e498d1a4a89adcbba68181c71a877 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ue26e498d1a4a89adcbba68181c71a877 .ue26e498d1a4a89adcbba68181c71a877-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ue26e498d1a4a89adcbba68181c71a877:after { content: ""; display: block; clear: both; } READ: A Worn Path by Eudora Weltey EssayThey say We cant understand you, speak English please. As a result of this Language barrier the two Australians are Arrested and taken for questioning. This technique displays the virtuality of language to the play. It conveys the many problems and misinterpretations such a language barrier may cause, and hence lead to creating prejudice. In comparison to this we have Amir who comes from both worlds and is the narrator of the story. He gives us insight into both societies and is a bridge between the two worlds. A deliberate technique the composers have used to convey both sides of the story in way audiences can understand and empathise wit h.

Plato and Aristotle Quote Comparison free essay sample

Plato- According to Plato, man is a dual creature. We have a body that flows, is inseparably bound to the world of senses, and is subject to the same fate as everything else in this world- a soap bubble, for example. All our sense are based in the body and are consequently unreliable. But we also have an immortal soul- and this soul is the realm of reason and not being physical, this soul can survey the world of ideas Plato also believed the soul existed before it inhabited the body (Gaarder Aristotle- What Aristotle called the form chicken is present in every single chicken s the chickens particular set characteristics- for one, that it lays eggs. The real chicken and the form chicken are thus Just as inseparable as body and soul (Gaarder 107). In the first quote the author is talking about Platos beliefs. Plato looked for the immutable in our world. We will write a custom essay sample on Plato and Aristotle Quote Comparison or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page But unlike most of those before him, Plato believed that humans have a physical and spiritual body. The physical body can only interact with the things in the physical realm, but our soul can interact with the ream of ideas. This quote indicates that Plato believed the world of ideas and reason to be verlasting whereas our world (and more so the things in it) is subject to death and the natural cycle of life. This quote seems to relate to the basic Hindu philosophy. In Hinduism, there are also two worlds, the soul or atma and the physical world. Hindus, like Plato, believe that true knowledge can only come once a person has been to the other world. Both believe that the soul is perfect and knows all before it enters the body, but it loses all knowledge as it enters. In the second quote, the author is talking about Aristotles beliefs. Unlike Plato, Aristotle believed that the physical body and the soul were inseparable. He believed that there was no spiritual world, and anything we can observe through our senses is real. This is extremely similar to an Atheistic worldview, which also believes in gaining knowledge through observation. Of course, Aristotle was not an Atheist, but his thinking process is not very different from an Atheists. Aristotle also reminds me of the quote Seeing is believing said in the bible by Doubting Thomas because he sed his senses to to determine the characteristics of the form chicken. Personally, I agree with Platos idea that our soul is the realm of reason. I believe that our soul tells us right from wrong. This explains how many people can come to the same conclusion and think of the same ideas, even if the people themselves are very different from each other. I disagree with Aristotles core belief that the body and soul are inseparable. However, I do believe that they are connected. I think that the soul helps guide our bodies through life, so we can gain wisdom through xperience. These two philosophers may seem to be very different, but they both had a few important things in common. They both believed in logic and reasoning. This is important because it shows how logic and reasoning were tools used by most, if not people in that time (and this one) are stuck in the day-to-day. I think that this is the most important lesson we can take away from Plato and Aristotle because many of us get caught up in insignificant things, instead of looking for the greater purpose in life.

Nurse Prof Essay

Nurse Prof Essay Nurse Prof Essay HLTEN- Work in the nursing profession Assessment Task 2 CPD is the means by which members of the professions maintain, improve and broaden their knowledge, expertise and competence, and develop the personal and professional qualities required throughout their professional lives. CPD is defined as the education of health care professionals following completion of formal training. CPD consists of any educational activity which helps to maintain, develop or increase knowledge, problem-solving, technical skills or professional performance standards all with the goal that nurses can provide better health care. CPD includes 'formal' activities, e.g. courses, conferences and workshops, as well as self-directed activities .seminars, checking notice boards at work and ongoing research skills.Nurses are required to participate in at least 20 hours of continuing nursing professional development per year. One hour of active learning will equal one hour of CPD. It is the nurse responsibility to calculate how many hours of active learning have taken pl ace. The CPD must be relevant to the nurse context of practice. Nurses must keep written documentation of CPD that demonstrates evidence of completion of a minimum of 20 hours of CPD per year. Documentation of self-directed CPD must include dates, a brief description of the outcomes, and the number of hours spent in each activity. All evidence should be verified. It must demonstrate that the nurse has: Identified and prioritised their learning needs, based on an evaluation of their practice against the relevant competency or professional practice standards B) Developed a learning plan based on identified learning needs C) Participated in effective learning activities relevant to their learning needs D) Reflected on the value of the learning activities or the effect that The Board’s role includes monitoring the competence of nurses; the Board therefore conducts an annual audit of a number of nurses registered in Australia. The board also makes sure that they check the nurses’ criminal history for the protection of patients and their families. The Criminal history registration standard set out the factors the National Board will consider in deciding whether a health practitioner’s criminal history is relevant to the practice of their profession under the Health Practitioner Regulation. The standard has ten factors that they use when considering the outcome. The nature and gravity of the offence or alleged offence and its relevance to health practice. The more serious the offence the greater its relevance to health practice, the more weight that the Board will assign to it. The period of time since the health practitioner committed, or allegedly committed, the offence. The Board will generally place greater weight on more recent offences. Whether a finding of guilt or a conviction was recorded for the offence or a charge for the offence is still pending. In considering the relevance of the criminal history information, the Board is to regard to the type of criminal history information provided, the considered types are: Convictions Findings of guilt Pending charges The sentence imposed for the offence. The weight the Board will place on the sentence will generally increase as the significance of the sentence increases, including any custodial period imposed. The ages of the health practitioner and of any victim at the time the health practitioner committed, or allegedly committed, the offence. The Board may place less weight on offences committed when the applicant is younger, and particularly under 18 years of age.. Whether or not the conduct that constituted the offence or to which the charge relates has been decriminalised since the health practitioner committed, or allegedly committed, the offence. The Board will generally place less or no weight on offences that have been decriminalised since the health practitioner committed, or allegedly committed, the offence. The health

Sampling and Continuous Improvement Essay Example | Topics and Well Written Essays - 1000 words

Sampling and Continuous Improvement - Essay Example United States have always been in the forefront of international trade and manufacturing and it wants to keep it that way. Since China started its mass export of goods, US had been worried that it would capture a major chunk of world's exports however US found solace in the fact that Chinese products were of lower quality. However with changing times, China has started to develop low cost and yet high quality products to challenge US in the international market. The study conducted by Industry Week magazine on the comparison of Chinese and American manufacturers have identified important developments in the inputs that largely contribute to China's inevitable success. The article "Manufacturers Like Us" by David Drickhamer gives us important insights in this subject. According to the article, Chinese manufacturers have become increasingly competitive over the past decade. Their strict management practices and performance metrics show the proof of such changes. Also US makes china's industry revolution much more prominent by referring to them as Enemy Number 1. The two basic reasons for the increasing competitive advantage of Chinese manufacturers have been described as cheap labor and much more efficient machinery. Costs of raw materials and land utilization have also been declared as important inputs to the higher quality outputs that are now being produced. To fully analyze the factors of high quality production by Chinese manufacturers, let's analyze each input factor in detail. 1) Raw Materials Raw Materials are the building blocks of the manufacturing process. These unprocessed materials are bought from the market and transformed into outputs by applying different processes. Since it is expected that the prices of the raw materials will rise in the future, some manufacturers start hoarding these raw materials. This storage is referred to as the inventory and it is kept to meet unexpected shortages in the future. The Chinese manufacturers store large amounts of inventory hence their inventory turnover rates are lower for all types of products. As most managers said that they had four or fewer total inventory turns in a year, there costs are lower since ordering and purchasing costs are not encountered regularly. Rise is raw material costs have not been met by half of the manufactures in China. And those who reported increases, 20% did not charge the customers for the increase. Because of lower raises in cost of raw material, Chinese products are of lower prices and they can maintain the quality of the products without increasing the prices. 2) Labor China has been able to maintain its low cost products primarily because of very low labor rates. According to the article, the Chinese manufacturers pay average wages of $1,450 per year, which is less than three weeks' pay in the U.S. This is how China is able to compete with any country on its cost difference. The quality of the products made by the Chinese seems to be increasing because of better skilled and better trained employees than were available in the past. The Chinese managers provide over 20 hours of training per employee per year while they spend 5% of their annual labor budget on training. The costs may

Beneficial Effects of Overseas Travel Essay Example | Topics and Well Written Essays - 2750 words

Beneficial Effects of Overseas Travel - Essay Example The "Beneficial effect of overseas travel" demonstrates positive effect that traveling has on adventurers. It also contains personal experience of some travelers. The learning on an overseas trip begins from the point where the person enters the terminal for international flights. As one moves ahead through check-in counter, one learns the laws and regulations regarding international travel. The swarms of people arriving and departing from the airport is a sight in its own where one experiences a place where no single culture is dominant, people of different ethnic backgrounds and belonging to different countries can be seen talking and waiting for their flights to depart. This is one place where a passenger will have a chance to observe his own people and their personalities and traits in comparison to those of people from around the globe. You may have heard of someone returning from an excursion and telling you about what different people were wearing at the airport or how they sp oke etc. Also if you have a connecting flight and have a stop over at a certain airport on the way you will mention the food available and what you liked and disliked. A personal experience of this sort happened on a trip to Malaysia with a stop over in Bangkok. The Bangkok airport which is known to be one of the biggest and busiest airports allows you to meet and interact with people from so many different places. It is hard for a person to walk out without learning a new thing about the people from many parts of the world. I for instance found most people at the airport to be very fashion conscious. Nearly every