Simon Piasecki's Performance of Fizz Bomb Essay

Simon Piasecki's Performance of Fizz Bomb - Essay Example Also, the Bubble Bomb execution speaks to a progression of video expressions named Exercises in Language which was first broadcast at Shunt, London in June 2008 (Piasecki, 2008). We can partition temporarily the presentation into two sections. The initial segment completes at the time of the blast. The second starts when the bubbly beverage has been made. There are a few ideas outlined in the initial segment of Bubble Bomb. Let me start with the language and its references. As Bubble Bomb is a piece of the general thought of Exercises in Language it recommends that the exhibition tries to pass on the language boundary origination. We as a whole have found out about the scriptural city of Babel and its pinnacle. The story describes how individuals joined by a typical language chose to raise a pinnacle with the goal that they will arrive at paradise and will be nearer to God. God considered the to be of the force as an image of pride, as individuals got progressively talented and shared their thoughts. He said that individuals become removed from their maker and so as to give them an exercise God confounded their language, causing misconception so individuals c ouldn't complete the development of the pinnacle. Piasecki utilized this scriptural portrayal to show that the crowd can not comprehend his Manchester Butcher's Slang and probably, they may misjudge his int... Verbal perception is crucial for the social correspondence and every single other assortment of discussions. The inconceivability to connect and get a handle on others' considerations prompts the demolition of human relations. This demolition is best delineated by the shrouded outward appearances. Correspondence other than verbal can likewise be non-verbal. With concealing his face behind a weaved veil Piasecki demonstrates that the miscommunication with his crowd is outright. He puts a limit among himself and the watcher. The other idea communicated in the initial segment of Bubble Bomb is the results of the misconception. Piasecki does this through his article of clothing. The garments are mix of the kamikaze warrior bomb vest and the projectile demonstrated vest. Those two antipodes likewise represent the great and terrible side of human instinct. When you may be the tracker and once you may be pursued. In the event that you are misconstrued individuals can bring up you as kamikaze. In the event that you keep the standards, you are liable to assault by the individuals who rebel, so you wear the slug demonstrated vest. Simon Piasecki had a significant comprehension about the current war clashes and needed to portray them in the minutest detail, in basic, clear way. My appreciation is that war clashes depend on language boundary which makes threatening vibe since individuals are ignorant of the social, strict and verbal articulation that different countries use. Individuals hole up behind generalizations of kamikaze individuals and the individuals who need to ensure against them. The absence of get-up-and-go to conquer this language limit obliterated the essential human disposition and correspondence between various societies. When the bomb of Piasecki detonates there is just quiet. The

Curriculum free essay sample

Tab takes a gander at investigating the educational program and inquires as to why our courses look the manner in which they look. How they may have created and how we can comprehend our courses better In request to help improve the nature of our understudies learning. It likewise covers collapses of educational plan The educational program Is a proper course of study as at a school, college or preparing supplier This Is a definition with which I concur, or It Is the open type of endeavoring to incorporate an instructive thought which shows only a couple of various arrangement of definitions.The definitions run from appearing and having an effect to the instructor and preparing arranging and furthermore with the arranging over my school. Key issues in characterizing educational program incorporate articulations of what is to be realized, pointers regarding the results of this learning and clarifications about the vision behind the educational plan. It has started to uncover and think about our own thoughts regarding educational program. We will compose a custom paper test on Educational program or on the other hand any comparative subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Godson (1 994, cited in Remarriage, et al 1 999) makes the fascinating point that, while educational plan improvement and Implementation have been expounded on by such a large number of individuals, the more essential Issues of educational program work, who develops It, why and for who have been increasingly disregarded. This Is something which I have regularly addressed myself. Wilson (2009) talks about the setting of Widening Participation inside the educational plan and how In this structure of educational program the necessities of gatherings are and was then considered.In a few cases Education may should be taken into different settings and settings, for example, penitentiaries or detainment focus, the educational program would then should be adjusted to suit this specific gathering of students. The educational plan of conveying state mechanicals, for example, educational plan that hello offer inside different schools that I am currently mindful of, would should be adjusted in jail to take thought and comprehension of the apparatuses and hardware, for example, sharp columns that might be involved.The work of Wilson (2009) stresses the educational program decisions In the FEE (Further Education) area are presently mainly Influenced by subsidizing and that financing is currently a solid need Into how educational program Is given. The subsidizing bodies in vestigate that sociality requires business and social need. Coffined (2008, pop) proposes that not all things demand can be managed and contends the inquiry who is making the interest.

Design Thinking Essay Example | Topics and Well Written Essays - 1750 words

Configuration Thinking - Essay Example Configuration thinking most ordinarily happens in the fake or manufactured situations. It happens in antiquities. Configuration thinking varies with the explanatory, logical techniques for tackling issues. Basically, the logical, logical techniques start with a careful meaning of the parameters encompassing an issue during the time spent making an answer for that specific issue. Despite what might be expected, plan thinking researches and relates to both vague and known parts of the momentum issue to find the concealed parameters and open up elective courses that may prompt the objective. Configuration believing is iterative in that; the moderate arrangements can shape potential beginning stages for the elective ways. Such middle of the road arrangements could incorporate rethinking the underlying issue. Configuration thinking can be pondered as a procedure for critical thinking. In contrast to expository reasoning, structure thinking as a procedure incorporates the development of thoughts with no or hardly any cutoff points on the extent of its conceptualizing stage (Ingle, 2013). The idea of the conceptualizing stage assists with empowering support and contribution from a wide assortment of sources and lessens the dread related with disappointment in the members in the ideation stage. The objective of the conceptualizing stage in configuration thinking has been compared with the expression ‘thinking outside the box’. The methodology is a noteworthy commitment at the conceptualizing stage since it can help in the revelation of concealed ambiguities and components of the circumstance and accordingly distinguish the flawed potential presumptions. There are a few forms of configuration thinking. In any case, a normally utilized form has seven stages. These are definition, investigate, ideation, prototyping, picking, usage and learning. It is inside these seven stages that issues are surrounded, the correct inquiries are posed, thoughts made and the determination of the most acceptable answers done. The seven periods of configuration believing are not straightly

Use Empire State College Essay Samples to Prepare Your Paper

Use Empire State College Essay Samples to Prepare Your PaperWhen you are preparing for the essay writing, you need to look for the best essay writing samples because these will give you more information on what to do in a particular essay. Here are some great essay writing samples that will help you decide if the sample is good or not.- The document that is called the essay is considered as a learning material in school. This is not an easy one to write, and it would require great effort from you in order to create the best essay. However, now you can save some time by using Empire State College essay samples.- You will find a number of writers office that will give you better service and there is no problem in contacting these writers. If you visit the Empire State College, there are different parts where you can find the best writers or the writers who will write the essay for you. In this case, you will get better service.- The best part about using these samples is that these are very useful and have been tested and proven over again. They also offer you many better ways to write the essay. Thus, this is an option that will prove to be very useful for you.- There are two options available for you and one of them is the samples that will provide you with the information you need. So if you want to use them for your essay, you should make sure that they are similar to the essay you are writing. So you should choose the most similar essay samples so that you will be able to understand the essay much easier.- One of the best things that you should remember when you are writing an essay is that the topics should be natural. You need to avoid any controversial issue or topic in your essay. This is important because most people prefer to avoid such subjects in their essays.- There are many resources available for you in order to learn how to write an essay. You should check out these resources so that you will be able to understand the best way to write the essay. These resources are much better than the Empire State College essay samples.

Problems Of Staff Motivation, Lack Of Communication

Executive summary The following report is based on a case study of Lawton, Langridge, Lipton and Lawless, Solicitors. The main problems that have been identified are major problems of staff motivation, lack of communication (informal), and Mrs. Blakely s lack of leadership skills. A recommendation for the motivation problem is that Mrs. Blakely set attainable goals for the employees and reward and recognize the clerks when they have achieved their goals. For the problem of lack of communication, it has been recommended in this report that weekly meetings be held and that Mrs. Blakely be retrained both for development of communication skills and leadership skills. The reward program is expected to cost the company approximately $450.00 per month whilst the setting of attainable goals is not expected to cost the company anything. Because Mrs. Blakely will have to read 22 documents per month in order to recognize the employees appropriately, she will need to be paid extra for this work i.e. overtime pay. Assuming it will take half an hour to read one document, there will be approximately eleven hours spent on reading. It has been assumed that Mrs. Blakely earns $18.00 per hour while the clerks earn $15.00. Therefore, approximately, it will cost the firm $500.00 per week for ten weeks. The weekly meetings will be run one hour before the end of the working day, beginning at 4:00 pm. and ending at 5:00 pm. eliminating the need to pay overtime. 1. Problem identification 1.1Show MoreRelatedChanges of Police Culture1411 Words   |  6 Pagesfundamental errors that need to be addressed which will be discussed in this essay. Firstly, there is a lack of an established sense of urgency which has the potential to jeopardize the future of the organization. Secondly is, not creating a powerful enough guiding coalition which means there is a lack of communication which resulted in an absence of leadership and teamwork from frontline staff to national headquarters. Finally, an undercommunicating the vision by a factor of ten that organisationRead MoreThe Leadership Styles Of The Chief Of Sunrise Regional Council Essay1676 Words   |  7 Pagesanalyse and advise on improving communication practices between the council and the communities as well as between manager and employees in the council. According to the case study, Shayne Williams recognised the former CEOs reasoning and decision-making was sound, but his failure to communicate his vision has resulted in lack of support from all stakeholders. Shayne is concerned now that bad publicity, ratepayer animosity, and lack of engagement by regional council staff have created a barrier to ensuringRead MorePromote Professional Development1216 Words   |  5 PagesPromote Professional development As a manager in your setting you know that the ability to reflect on your own practice is an essential skill. You have decided to prepare a set of guidance notes on the principles of professional development for your staff team which; 1 – Understand principles of professional development 1.1 Explains the importance of continually improving knowledge and practice. In my opinion I believe it is important to continue to develop and improve my knowledge and practice so thatRead MoreBus 375 Assignment 11269 Words   |  6 PagesPM’s ability to communicate and motive his functional managers and project staff. In addition, we will examine the support provided to the Tim by the company’s senior management and decide if the support provided was adequate or still lacking proper direction. And finally, this paper will make recommendations to both the PM and the company’s senior executives that will be relative to the personal motivation of the staff, resource allocation, and organizational skill to aid in support of Tim becomingRead More The Paradoxical Twins Essay1608 Words   |  7 Pagesemphasize and apply relevant theories to identifying problems in the aspects Organisational, Management within the structure of Acme Omega Electronics. A number of main aspects will be highlighted, trying to identify the problems regarding to Power Politic, Leadership, Motivation and Communication, and have a better view of the weakness and strength of each company. Being possible to identify the main scenarios and problems that this case study illustrate, it will be possibleRead MoreEffective Management: Personal and Professional Skills738 Words   |  3 Pagesbusiness, this helps in tackling problems by remaining focused and overcome challenging situations which a company may encounter. This also helps in making the company more efficient. To be an effective manager, one needs to have certain skills, both personal and professional skills. Personal skills The following are personal skills which a good and effective manager should have: †¢ Communication skills †¢ Supportive skills †¢ Enthusiasm Communication skills: It is essential forRead MoreThe Problems Faced By James Diamond Design Ltd1699 Words   |  7 Pagesmorale of the company have been affected and the staffs from the west Yorkshire site has been moved to the west Yorkshire site thus creating problems and issues in the organisation. The problems faced by James jewel Design ltd is in both the standard as well as the bespoke sections due to lack of leadership in the company, since the company is facing cultural change, over staffing of employees and lack of human resource department in the organisation. Lack of leadership and Management Managers are peopleRead MoreEssay on YAKKATECH, INC.1184 Words   |  5 Pagescustomer’s expectation. This is shown by the increasing complaints regarding poor quality service by customers. Customers have commented that employees seem indifferent to the client’s problem, not enthusiastic in assisting and helping them. Besides, they also commented that they are receiving slow response to their problem where solving their issue requires the involvement of more than one department. This might due to poor procedure flow. Moreover, their customer also commented that employees are lackingRead MoreLack Of Communication, Diversity And Personal Issues1282 Words   |  6 Pagesbecomes more and more difficult to find ways to continue to motivate employees. To motivate your staff, you must be a role model to the staff and pave the way for motivation. The result of productivity within the business is measured by the effort that a manager puts into the employees to improve their oc cupational performances. It it thought that motivation comes from within ourselves, although, motivation from an outside source can boost the work rate as well. In today’s workforce, a manager enduresRead MoreInvestigating The Factors That Were Prevalent And Hampered The Teamwork At Oceanic Consultants Pvt Ltd Essay1377 Words   |  6 Pagesthis report is to investigate the major factors that were prevalent and hindered the teamwork at Oceanic Consultants Pvt Ltd, India in the year-2012 when I joined the organization as an academic counsellor. 1. IMPORTANCE OF MOTIVATION AND LEADERSHIP IN TEAMWORK Both motivation and leadership are the foundation to a company’s success and in the absence of any of these a company can loss its position and reputation in the market. These two factors helps the employees to behave and perform in certain

Rhetorical Analysis Essay - 818 Words

Laila Lane Professor Katherine Gray English 1102 Rhetorical Analysis Todays young generation has been getting a lot of slack from older generations due to the amount technology they have. Those who have negative things to say about this generation sometimes say that theyre not as smart as the previous generations because of the new technology that is available. Literary critic at the San Francisco Chronicle, Cynthia Haven, argues that the young generation of today has actually written more than any other generation and they insert more passion into what they’re writing about as well. Haven’s purpose in writing about this seems to be to show how much this generation does write compared to what others have said in articles and†¦show more content†¦The place she’s getting her evidence from is a study done at a prestigious university known as Stanford University. In the study 189 students were to gather all the writing they did and out of 15,000 pieces gathered, only 62 percent of the writing was for their work. This is how she proves that the kids of today â€Å"write to shake the world.† To even further prove her point she uses one of the students that participated in the study as an example and almost a symbol for today’s young generation. She also uses the fact that the student went to get a Stanford’s master degree in modern thought and literature and a master’s degree from the University of Sussex in artificial intelligence to make him seem as though he is qualified to speak on behalf of an entire generation so that the audience feels as though he is qualified to speak on this topic, but are her sources good enough to prove her opening statement? The fact that most of her paper only talks about positive things coming from this generations writing makes paper seem a little less convincing that the stigma shes writing against is false. However, there were a few things that were from a negative point of view about this argument discussed in the paper along with evidence to back up why one shouldnt go against her point of view. For example, in the section about redefining â€Å"writing† Haven writes, â€Å"Some nevertheless insist that writing today sub-standard, littered withShow MoreRelatedThe Tipping Point: Rhetorical Analysis Essay813 Words   |  4 PagesThe Tipping Point: Rhetorical Analysis Throughout The Tipping Point, Malcolm Gladwell explains to his reader his ideas about drastic changes in society, and how they seem to occur so rapidly. In this particular selection, Gladwell emphasizes the purpose of â€Å"connectors†, saying that they have a â€Å"special gift for bringing the world together (page 38)†. Gladwell states that part of the reason information or trends spread like wildfire is the presence of a specific group of people. They are called â€Å"connecters†Read MoreRhetorical Analysis Of The Death Of The Moth And On Keeping A Notebook 1427 Words   |  6 Pages19, September, 2014 9th Ni Device Use Analysis Rhetoric devices are often used by writers to clarify ideas, emphasize key points, or relate insights to the reader. In both â€Å"The Death of the Moth† and â€Å"On Keeping A Notebook, † the authors heavily rely on such devices to get their points across to the audience, and these devices help strengthen overall theme the authors want to communicate. Though several may argue that Didion’s use of metaphor and rhetorical question compliment her essay very wellRead MoreRhetorical Analysis of Ellen DeGeneress Commencement Speech Essay1144 Words   |  5 Pages Ellen’s Commencement Speech Rhetorical Analysis Graduation caps fly into the air, cheers erupt, and diplomas are received. This is a typical graduation day. Not only did these ceremonial events take place for Tulane Universitys class of 2009, but Ellen DeGeneres was there to congratulate them as well! This class was dubbed the Katrina Class for being survivors of the devastating Hurricane Katrina in 2005. Katrina was named one of the deadliest Hurricanes, causing more than 1,836Read MoreRhetorical Analysis Of Martin Luther King Jr.976 Words   |  4 Pagespopulation? In all of the speeches, one way or another, Dr. King used several different rhetorical devices in order to defend his own actions. In specific, two of his speeches, â€Å"I have a Dream† and â€Å"Letter from a Birmingham Jail† Dr. King used the rhetorical devices of anaphora, allusion, and diction to relay his thoughts of what is right, and also as a way to build a common ground with his audience. Though the rhetorical devices are share d between the two speeches, there are also several differences.Read MoreRhetorical Analysis Of Andrew Sinek s Ted Presentation1263 Words   |  6 Pagesstock that s going in the opposite direction—down—from the most desired direction—up. This is a provocative opening that engages the audience right away. 2. Ask a series of rhetorical questions. A common way to engage the audience at the start is to ask a rhetorical question. Better still, start with a series of rhetorical questions. A good example of this tactic is Simon Sinek s TED presentation. He starts with: How do you explain when things don t go as we assumed? Or better, how do you explainRead MoreRhetorical Analysis Of A Life Beyond Do What You Love 1020 Words   |  5 PagesIn his New York Times article â€Å"A Life Beyond Do What You Love† Gordon Marino poses the question But is do what you love wisdom or malarkey? after giving us an anecdote about students coming to him for career advice. The article which uses many rhetorical devices which make the audience think about their choices in careers and what you should and want to do. The author also cites different sources for his article and past life experiences. Marino then end his article by saying many great leadersRead MoreRhetorical Analysis Of A Life Beyond D o What You Love Essay2042 Words   |  9 Pagesuse of rhetorical devices. Dr. Marino is a very highly educated philosopher who earned his Ph.D. at University of Chicago, M.A. university of Pennsylvania, and B.A. Columbia University. He typically publishes to the New York Times, for his writing mostly appeals to all people because so many can relate to this article. Marino effectively argues that sometimes individuals must sacrifice their passions to provide for their loved ones using rhetorical devices, hypophora, anecdote, rhetorical questionsRead MoreRhetorical Analysis Of Rhetorical And Rhetorical Analysis1188 Words   |  5 Pages1. Rhetorical Analysis is the careful examination of texts, videos, and images to understand how they function in conveying their message. The definition of rhetorical analysis will help me better understand what I should be looking for when I receive a text, as rhetorical analysis is different than literary analysis. Therefore, the devices for each are also different (Lunsford et al. 88). 2. Intended audience is the initial step to any rhetorical analysis. If you are unable to identify an audienceRead MoreRhetorical Analysis Of Rhetorical Analysis1675 Words   |  7 PagesRhetorical analysis is the way we could communicate effectively by understanding the content, in which to lead us to achieve our goals. According to an article, rhetorical analysis â€Å"is the form of criticism that employs the principles of rhetoric†. It is also a practice of effective communication by using the language of art and media to achieve specific goals. The components I will use in a rhetorical analysis are introduction, rhetorical situation, rhetorical appeals and a conclusion. In this rhetoricalRead MoreRhetorical Analysis: Rhetorical Analysis:1723 Words   |  7 Pagesï » ¿ Rhetorical Analysis: President Ronald Reagan s Farwell Address Rhetorical Analysis: Reagan s Farwell Address Ronald Reagan s Farewell Address was an amazing example of conveying the fundamentals for freedom through an emotional and visual lesson. It is no wonder that the president known as the great communicator was successful in painting for us a picture of who we were, past and present, and the improvements in the areas of strength, security

Putting the People Component of the Business Entity

Question: Discuss about the Report for Putting the People Component of the Business Entity. Answer: 1. The income statement for Bonza Handtools Ltd. for the last twelve months is presented below: Particulars Amount in $ Sales 20000 units Selling price per unit 130 Revenue 26,00,000 Variable Manufacturing cost per unit 50 Variable Manufacturing cost 10,00,000 Fixed manufacturing costs 4,00,000 Variable selling administrative cost per unit 30 Variable selling administrative cost 6,00,000 Fixed selling administrative cost 3,00,000 Total operating cost 23,00,000 Operating income 3,00,000 Operating profit margin 11.5% The management wants to increase the profitability of the product, and for the purpose it is considering three alternatives to increase the profitability. The profitability of each of the alternative along with their analysis is presented below: Alternative 1 Increase selling price by $10 with an increased advertising expenditure of $125000 so that sales do not drop. Particulars Amount in $ Sales 20000 units Selling price per unit 140 Revenue 28,00,000 Variable Manufacturing cost per unit 50 Variable Manufacturing cost 10,00,000 Fixed manufacturing costs 4,00,000 Variable selling administrative cost per unit 30 Variable selling administrative cost 6,00,000 Fixed selling administrative cost 4,25,000 Total operating cost 2425,000 Operating income 3,75,000 Operating profit margin 13.4% The above increase in selling price has increased the operating profit margin by almost 2%. However, an increase in price of a product without any corresponding addition to the features or quality of the product may not work for the company, as the customer will not be willing to pay extra. Even though the company will increase its advertising expenditure which may attract some new customers but the existing sales is bound to come down with an increase in price. It is very difficult to garner new customers with an increased price because demand has the highest elasticity with price and with an increase in price; the demand is going to go down. Moreover, the advertising campaign is a national advertising and not directed towards the targeted audience, hence the results of the campaign might not be favourable. Alternative 2 Improving the quality of the product and additional advertising campaign expenses of $50000 to increase the volume of sales. An increase in variable cost by $5 per unit in order to improve sales. Particulars Amount in $ Sales 25000 units Selling price per unit 130 Revenue 32,50,000 Variable Manufacturing cost per unit 55 Variable Manufacturing cost 13,75,000 Fixed manufacturing costs 4,00,000 Variable selling administrative cost per unit 30 Variable selling administrative cost 7,50,000 Fixed selling administrative cost 3,50,000 Total operating cost 23,00,000 Operating income 3,75,000 Operating profit margin 11.5% The above proposal does not offer any increase in the profit margins. It is the same as last year. Even though the assumptions of this alternative are more realistic than the previous one, however this alternative offers no added advantage. An improvement in product quality without any corresponding increase in price is bound to increase the sales volume and an advertising campaign targeted at the home renovators and trade people will definitely lead to an increase in sales volume as they would be aware of the quality improvement and hence would demand more drills. The management expects the sales volume to increase by 25%, however if we consider a variation of 10% in the sales volume and expect the volume to increase by 27.5% instead of 25%, the expected operating margin would be 10.5%. Alternative 3 A rebate of $10 offered on drills sold for the first three months with an advertising cost of $40000. Particulars Amount in $ Sales 10000 units Selling price per unit 120 Revenue 12,00,000 Variable Manufacturing cost per unit 50 Variable Manufacturing cost 5,00,000 Variable selling administrative cost per unit 30 Variable selling administrative cost 3,00,000 Total variable cost 8,00,000 Particulars Amount in $ Sales 14000 units Selling price per unit 130 Revenue 18,20,000 Variable Manufacturing cost per unit 50 Variable Manufacturing cost 7,00,000 Variable selling administrative cost per unit 30 Variable selling administrative cost 4,20,000 Total variable cost 11,20,000 Particulars Amount in $ Total revenue 30,20,000 Total variable cost 19,20,000 Fixed manufacturing costs 4,00,000 Fixed selling administrative cost 3,40,000 Total operating cost 26,60,000 Operating income 3,60,000 Operating profit margin 11.92% From the above table, we see that the operating profit margin has increase by 0.4% to 11.92% in the last alternative. The assumptions of the suggestion are also realistic because it offers a discount of $10 to its customers along with an advertising campaign which is bound to increase the volume of sales because as mentioned earlier demand is the most elastic to price, hence a discount will lead to increase in sales. Moreover, the company offers rebate only for a limited period, and still it is able to increase its profits. Since volume increase is only an estimate, hence if we consider a variation of 10% in the increase in sales. Currently sales have increased by 4000 units in first three months, which is 66.7% increase from 6000. A variation of 10% would mean increase in sale by 60%. Hence new sale volume would be 9600 units instead of 10000 units. The resulting change would be operating profit margin of 11.57% which is still higher than the other proposals. Recommendation On the basis of the above analysis, it is recommended that the company should go ahead for the third alternative of giving a rebate of $10 in the first three months as it has the highest operating profit margin even after considering the variation of 10% in sales volume; it has the highest profit margin. 2. The budgeted income statement for Tassie Company is as follows: Particulars Per unit in $ Amount in $ Sales units 150000 Selling price 15 22,50,000 Direct Material 2.5 3,75,000 Direct Labour 3 4,50,000 Variable factory overhead 1.5 2,25,000 Fixed factory overhead 2 3,00,000 Variable selling and administrative cost 2 3,00,000 Fixed selling and administrative cost 1.5 2,25,000 Total cost 18,75,000 Operating income 3,75,000 Profit margin 16.67% a) Bid for supply of additional 40000 units to the government when the capacity is 200000 units per year The total production including the government supply will be 190000 units, so the factory can produce additional 40000 units. Variable costs additional 40000 units Particulars Per unit in $ Amount in $ Direct Material 2.5 1,00,000 Direct Labour 3 1,20,000 Variable factory overhead 1.5 60,000 The Income Statement for total 190000 units Particulars Per unit in $ Amount in $ Sales units 190000 Selling price 15 28,50,000 Direct Material 2.5 4,75,000 Direct Labour 3 5,70,000 Variable factory overhead 1.5 2,85,000 Fixed factory overhead 2 3,00,000 Variable selling and administrative cost 2 3,00,000 Fixed selling and administrative cost 1.5 2,25,000 Total cost 21,55,000 Operating income 6,95,000 Profit margin 24.4% The company will bid for 40000 units. b) When the production capacity is 180000 units per year. Even when the production capacity is 180000 units per year, the company will bid for additional 40000 units because the government bid is profitable in the sense that there is no variable selling and administrative costs and no additional fixed expenses are employed. Hence the total costs get reduced. Hence, the company will produce 180000 units but will supply 40000 units to the government and the remaining 140000 units will be sold in the market. The income statement for 180000 units sales is presented below: Particulars Per unit in $ 140000 units ($) 40000 units ($) Total in $ Revenue 15 21,00,000 6,00,000 27,00,000 Direct Material 2.5 3,50,000 1,00,000 4,50,000 Direct Labour 3 4,20,000 1,20,000 5,40,000 Variable factory overhead 1.5 2,10,000 60,000 2,70,000 Fixed factory overhead 2 3,00,000 3,00,000 Variable selling and administrative cost 2 2,80,000 0 2,80,000 Fixed selling and administrative cost 1.5 2,25,000 2,25,000 Total cost 17,85,000 2,80,000 20,65,000 Operating income 3,15,000 3,20,000 6,35,000 Profit margin 23.5% Here we see that even though the company is producing only 180000 units, however, it is making a profit margin of 23.5% as government supply with lower costs has helped in increasing the profit margin. Hence the bid would be for 40000 units. 3. An item is regarded as an asset it has been purchased by the company for a monetary value which can be measured and the asset provides economic benefits in the future. Salary cannot be regarded as an asset on the balance sheet because the employees are not owned by the company and they have not been purchased. (Otter, NA). Salary is the amount paid by the company to the employees for their services in the reporting period. An asset gives future benefits while a salary is recorded for the current services. Also purchase of an asset involves a transaction whereas no transaction is involved in hiring an employee. (Back, 2010) Depreciation is the decrease in value of an asset over the years. The total depreciation till date is called accumulated depreciation. Depreciation cannot be regarded as an asset because it is a contra asset that is reported in the balance sheet as a reduction from total assets. Since depreciation does not provide any economic benefits, it is not an asset. Also depreciation cannot be purchased or sold; rather the machine on which the depreciation is applied is purchased or sold. 4. Overhead allocation rate for the labour intensive process Allocation rate = total overheads / total budgeted labour hours = $98,400 / 25795 = $3.8 Total costs of special order of 350 trailers Amount in $ Direct material (2100kg@$16.1 per kg) 33810 Direct labour of 1400 hours @12.7 17780.2 Machine hours of 525 hours @12.7 6667.6 Indirect costs (3.8*350) 1335.1 Total cost 59592.9 Working notes Direct labour and machine hours cost has been calculated by the budgeted direct labour rate as the process is labour intensive which is $3,27,600 / 25,795 hours = $12.7 Overhead allocation rate on the basis of machine hours = 98400 / 9840 = $10 Total costs of special order of 350 trailers Amount in $ Direct material (2100kg@$16.1 per kg) 33810 Direct labour of 1400 hours @12.7 17780.2 Machine hours of 525 hours @12.7 6667.6 Indirect costs (10*350) 3500 Total cost 61757.8 Minimum price per trailer The minimum price per trailer would be the total cost per unit of the trailer. Since the overhead costs have been calculated using labour and machine hours as the allocation base, we see the total cost per unit by both methods: Labour hours allocation base minimum price = 59592.7 / 350 = $170.26 Machine hours allocation base minimum price = 61757.5 / 350 = $176.45 Segmented overhead cost pools are different cost pools created for various category of overheads and the cost is allocated to the products using a different overhead rate for each cost pool. An extension to above allocation is called activity based costing. ABC costing has two steps, first being identification of different cost drivers which have lead to the arising of the cost. Some of these activities include assembly, packaging, labelling, transport etc. once the cost drivers are identified, an overhead rate for each cost driver is determined using the total cost and usage of the activity. Now on the basis of the use of activity by each product, the overhead costs are assigned to the products. For example, a product uses 200 machine hours on assembly which has a overhead rate of $5 whereas it uses only 50 labour hours on packaging which has a overhead rate of $20, the product will have a total lower overhead costs as compared to a product which uses 50 machine hours on assembly an d 100 labour hours of packaging will have a higher overhead costs. Thus, ABC ensures overheads are allocated to the products on the basis of usage of the activity. (CIMA, 2008) References Otter, J. (NA), Putting the People Component of the Business Entity on the Balance Sheet, Department of Applied Accountancy, University of South Africa Back, L., (2010), The Most Important Assets are not on the Balance Sheet, accessed online on 13th September, 2016, available at https://www.triplepundit.com/2010/09/the-most-important-assets-are-not-on-the-balance-sheet/ CIMA, (2008), Activity Based Costing, Topic Gateway Series No. 1, accessed online on 13th September, 2016, available at, https://www.cimaglobal.com/Documents/ImportedDocuments/cid_tg_activity_based_costing_nov08.pdf.pdf