Business Administration 2257 Lecture Notes - Lecture 22: Swot Analysis, Fixed Cost, Gypsum

• School: Western University
• Department: Business Administration
• Course: Business Administration 2257
• Professor: Vicki Sweeney

Document Summary

Alternative 2: fixed & variable cost method 14. Treasure trophy company (treasure) is known for the manufacturing of all types of trophies. These trophies were created for recognition at sporting events, businesses and celebratory affairs. Treasure made it a point to produce their trophies at the time of the order. Sometimes the order was sent straight to retail stores, while other orders were custom made for various coordinators of special events. The new general manager, bob morden, needed to set the selling price for two organizations. The royal golf club and the sterling yacht club asked for price quotes before fi(cid:374)alizi(cid:374)g a (cid:272)o(cid:374)t(cid:396)a(cid:272)t. befo(cid:396)e mo(cid:396)de(cid:374) (cid:272)ould gi(cid:448)e a (cid:395)uote, he (cid:374)eeded to k(cid:374)o(cid:449) (cid:449)hat t(cid:396)easu(cid:396)e"s cost would be for filling the order. Treasure used a job order system of cost accumulation. T(cid:396)easu(cid:396)e"s t(cid:396)ophies (cid:449)e(cid:374)t th(cid:396)ough a th(cid:396)ee step p(cid:396)o(cid:272)ess: fo(cid:396)(cid:373)i(cid:374)g, fi(cid:374)ishi(cid:374)g, a(cid:374)d asse(cid:373)(cid:271)l(cid:455). Raw materials which was usually plastic was sent through machinery to form molded parts.