it advisable to create a separate cost center or at least a separate cost location for the new environmental protection system? Cite examples if necess
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Is it advisable to create a separate cost center or at least a separate cost location for the new environmental protection system? Cite examples if necessary.
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- The Michner Corporation is trying to choose between the following two mutually exclusive design projects: Please help me solve this problem using Excel.The theory of constraints suggests that the improvement efforts should usually be focused on: a. Work centers that are not constraints b. The work center that is the constraint c. The work center with the highest total cost. d. The work center with the most obsolete equipment.For the reader's advantage, provide a cost-benefit analysis of the project. How can the value of a product or service's cost reductions be calculated?
- Classifying quality costs and using these costs to make decisions Clason, Inc. manufactures door panels. Suppose Clason is considering spending the following amounts on a new total quality management (TQM) program: Requirements Classify each cost as a prevention cost, an appraisal cost, an internal failure cost, or an external failure cost. Should Clason implement the new quality program? Give your reason.Which of the following is likely to be used to reduce the cost of reworking products? a. Activity sharing b. Activity elimination c. Activity reduction d. Activity selectionClassify the following environmental activities as prevention costs, detection costs, internal failure costs, or external failure costs. For external failure costs, classify the costs as societal or private. Also, label those activities that are compatible with sustainable development (SD). 1. A company takes actions to reduce the amount of material in its packages. 2. After the activated carbons useful life, a soft-drink producer returns this material used for purifying water for its beverages to the supplier. The supplier reactivates the carbon for a second use in nonfood applications. As a consequence, many tons of material are prevented from entering landfills. 3. An evaporator system is installed to treat wastewater and collect usable solids for other uses. 4. The inks used to print snack packages (for chips) contain heavy metals. 5. Processes are inspected to ensure compliance with environmental standards. 6. Delivery boxes are used five times and then recycled. This prevents 112 million pounds of cardboard from entering landfills and saves 2 million trees per year. 7. Scrubber equipment is installed to ensure that air emissions are less than the level permitted by law. 8. Local residents are incurring medical costs from illnesses caused by air pollution from automobile exhaust pollution. 9. As part of implementing an environmental perspective for the Balanced Scorecard, environmental performance measures are developed. 10. Because of liquid and solid residues being discharged into a local lake, the lake is no longer fit for swimming, fishing, and other recreational activities. 11. To reduce energy consumption, magnetic ballasts are replaced with electronic ballasts, and more efficient light bulbs and lighting sensors are installed. As a result, 2.3 million kilowatt-hours of electricity are saved per year. 12. Due to a legal settlement, a chemicals company must spend 20,000,000 to clean up contaminated soil. 13. A soft-drink company uses the following practice: In all bottling plants, packages damaged during filling are collected and recycled (glass, plastic, and aluminum). 14. Products are inspected to ensure that the gaseous emissions produced during operation follow legal and company guidelines. 15. Operating pollution control equipment incurs costs. 16. An internal audit is conducted to verify that environmental policies are being followed.
- Q.Do you think Chandler had a valid reason for dissatisfaction with the cost and price of its building? How does the allocation based on department rates change costs for each project?Classify the different costs as unit, batch, product, or facility. Answers (unit, batch, product, or facility) may be used more than once and some answers may not be used at all. Research and development Electricity Building security costs Quality control Design costsWould the cost of residential construction benefit from a greater use ofprefabricated building components? Why is it that prefabrication is notmore widely used in this industry? from FINANCIAL MANAGEMENT ANDACCOUNTING FUNDAMENTALSFOR CONSTRUCTION
- The SWOT matrix tool is used for the socio-environmental diagnosis of organizations. If a green organization is a situation in which its projects were executed to represent the commercialization of more products, this is a a. Preventive measure. b. Weakness. c. Force. d.Threat. e. Opportunity.Which of the following R&D costs can be capitalized by an SME? Group of answer choices Conceptual formulation and design of possible product or process alternatives None of the choices Design, construction, and testing of preproduction prototypes and models Laboratory research aimed at discovering or obtaining new knowledgeWhich of the following organizational characteristics critically affect the design of a cost management system? Select one: a. Culture Critical success factors Mission Form Yes Yes Yes Yes b. Culture Critical success factors Mission Form No Yes No Yes c. Culture Critical success factors Mission Form No Yes Yes No d. Culture Critical success factors Mission Form Yes Yes No No
