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The Applicant

You are considering a job offer from a highly respected consulting firm and have requested a meeting with the person who would become your future boss, a partner at the firm, to negotiate the terms of the offer. The proceedings have come to a point at which you must make a decision to accept or reject the offer during this meeting or at the end of the day at the latest. You are quickly approaching the conclusion of your MBA degree and would like to make a decision as to where you will be working afterwards.

The Recruiter

You are a partner at a multinational consulting firm. During the recent financial crisis, the demand for strategy consulting services decreased significantly and a hiring freeze swept your firm, paired with isolated lay-offs. However, the past three years have been favorable to the industry. Your firm has performed particularly well during this period, and the resulting promotions and firm retention has left your firm in need of human capital. You are looking to hire another consultant to alleviate some of the overwhelming workload.

  1. What were the easiest terms to negotiate? Why do you believe they were easier to negotiate, and did it surprise you that these terms would be among the easiest terms?
  2. What were the hardest terms to negotiate? Why do you believe they were harder to negotiate, and did it surprise you that these terms would be among the hardest terms?
  3. Describe the negotiation process that took place. For example, but not limited to, how many sessions, how long were the sessions, how did the parties separate the topics to be negotiated.
  4. What strengths and weaknesses did you observe about yourself in the negotiating process.

 

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Molton Motors makes large turbo engines. The company manufactured a prototype engine for Apex Corporation. Cost data on that engine follow:

           Direct Material                                                          $22,000

           Direct labor (2,000 hrs @ $20 per hour)                   40,000

           Variable Mfg Overhead (based on DL cost)             24,000

                       Total cost                                                      $86,000

Based on experience, Molton uses an 80% learning curve (-0.3219) to calculate costs. Apex wants a quote on 15 additional motors (Molton will keep the prototype).

Calculate the variable cost of producing these fifteen motors.

Felton Company’s total overhead costs at various levels of activity are given below:

                       Month                       DL Hours                 Total Ohd Costs

                       March                          80,000                        $412,500

                       April                            90,000                          410,000

                       May                            100,000                          585,000

                       June                            120,000                          582,500

Assume that overhead costs consist of rent, indirect materials, utilities, supervisory salaries, and maintenance. The proportion of these costs at the 80,000 direct labor-hour level of activity is:

                                   Rent (F)                                 $ 20,500

                                   Indirect materials (V)             160,000

                                   Supervisory salaries (F)            30,000

                                   Utilities (V)                               80,000

                                   Maintenance (M)                    122,000

                                               Total                          $412,500

(F) = Fixed; (V) = Variable; (M) = Mixed

The company wants to break down the maintenance cost into its variable and fixed cost components.

1. By means of the high-low method, determine the cost formula for maintenance.

2. Express the company’s total overhead cost in linear equation form.

3. What total overhead cost would you expect to incur at an operating activity of 75,000 direct labor hours? At 115,000 direct labor hours?

Blue Bell Industries manufactures a single product. This product sells for $105 each. When Blue Bell produces 5,000 units, the following manufacturing costs are incurred:

           Direct materials                     $175,000

           Direct labor                             150,000

           Variable mfg overhead             50,000

           Fixed mfg overhead                402,000

            Total mfg costs                    $777,000

The selling and administrative costs are: Variable, $7 per unit; Fixed, $311,000.

Blue Bell’s tax rate is 40%.

1. What is the break-even point in units? In dollars?

2. How many units does Blue Bell have to sell to earn a target net income of $48,300?

3. If sales of this product are 52,000 units, what is the net income?

Juicy Fruits produces four different kinds of fruit chewing gum: grape, strawberry, lime, and cherry. Last year’s sales and cost data follow:

                                                Grape         Strawberry         Lime                    Cherry

Total sales ($)                        $40,000          $24,000           $90,000          $45,000

Selling price (per box)              $10               $12                $9                 $15

Variable cost (per box)                 8                   9                    8                    10

Fixed cost       $210,000

How many of each product must be sold to break even?

Winston Manufacturing uses direct labor cost to apply overhead to its production. The budgeted direct labor cost and budgeted manufacturing overhead were $400,000 and $480,000, respectively. The following cost data were experienced last year:

           Material inventory, 1/1/04                 $ 10,000

           Material inventory, 12/31/04                 2,000

           Work-in-process, 1/1/04                      12,000

           Finished goods, 1/1/04                        33,000

           Finished goods, 12/31/04                    23,000

           Purchases of material                           61,000

           Direct labor incurred                           45,000

           Indirect material                                  13,000

           Indirect labor                                       12,000

           Other manufacturing overhead            20,000

           Unadjusted cost of goods sold            170,000

1. Close the over/under applied overhead to cost of goods sold (journal entry).

2. Prorate the over/under applied overhead to the proper accounts using the ending account balances for prorating (journal entry).

3. need a cost of goods manufactured statement.

 

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Memo

The purpose of this assignment is to familiarize students with health reform strategies adopted by states. 

1- Students will select a state health policy reform innovation: The health policy reform innovation selected is: Healthcare Reform News Update for May 14, 2019: Washington Creates Country’s First State-Run, Long-Term Care Benefit Program

2- Describe the rationale for this reform

3- Describe how it was adopted (e.g., federal waivers, passage by state legislature)

4-  Describe the funding structure (to the extent statistical data are available)

5- Describe  its impact.

Students should summarize their findings in a 1-2 page, single-spaced memo. The Memo is required.

Sample memo provided by the professor is attached. Also It is attached the   ACT Relating to long-term services and supports; This link provide an article from The New York Time  https:// 

 

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In preparation for the Final Paper as well as having real-world applicability, this week’s assignment is a PowerPoint presentation that will provide you an opportunity to create a career skills inventory and associated gap analysis. Using the article The Challenge of Exceptional Communication as a guide, the goal for this assignment is to professionally present your current skills and identifiable gaps in existing skills to promote yourself as an ideal candidate for the career of your choice. The information derived from this assignment should accurately reflect your existing skills.

In your presentation,

  • Describe the skills you possess that make you an ideal candidate for your chosen career.
  • Identify any gaps in your existing skill set that an employer may require.
  • Explain how you plan on honing these gaps in your existing skill set.
  • Explain how you would effectively and persuasively communicate this gap in a manner that would still qualify you for your career choice.

The Making PowerPoint Slides: Avoiding the Pitfalls of Bad Slides PowerPoint is a good resource to use for tips and guidelines for creating an effective PowerPoint presentation.

The Skills Inventory and Gap Analysis presentation

  • Must be five to six slides in length (not including title and references slides), formatted according to APA style , and include substantial speaker notes (no less than 100 words per slide).
  • Must include a separate title slide with the following: 
    • Title of presentation
    • Student’s name
    • Course name and number
    • Instructor’s name
    • Date submitted
  • Must utilize academic voice. 
  • Must use at least two scholarly or credible sources in addition to the course text. 
  • Must document any information used from sources in APA style.

Must include a separate references slide that is formatted according to APA style.

 

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