The Acme Pickle Company has distributed pickles under the “Florida’s Best” brand for eight years from its production facility in Jacksonville, Florida. It sells the pickles to stores in the southeastern United States. Acme normally produces between 8,000 and 10,000 cases of pickles a month but has the capacity to produce 12,000 cases without adding equipment or personnel.
The owner of a twenty-store supermarket chain in Wisconsin, called Super Deals, visits friends in Florida and is impressed with the quality of “Florida’s Best” pickles. He approaches you, an Acme Pickle account manager, with an offer to buy 2,000 cases of pickles to use in a special promotion at his stores. He is thinking of something such as:
“Free jar of Florida’s Best pickles with every purchase of forty dollars or more—this month only!”
He offers Acme a price of $9.50 per case, knowing that it is a very substantial discount from the normal selling price of $20 a case. Acme’s management is inclined to turn the offer down, because their cost is calculated at $10.00 a case. They believe they would lose money if they sold at $9.50 a case. You, on the other hand, believe that some errors have been made in the cost accounting.
You are the account manager for Acme Pickles.
Your analysis for the Controller and Sales Manager is needed to suggest a different way of calculating the pricing of the pickles that may be lower. As part of your analysis, address the following items:
Explain why some production costs are variable and some are fixed.
Analyze the benefit of recalculating the cost of pickle production.
How would you recalculate it?
What would the result be?
What is the benefit to the company of recalculating the cost?
Analyze how financial accounting of production cost differs from managerial accounting of production cost.
Explain the difference between the two accounting methods.
Identify the benefits and drawbacks of each method.
Recommend a plan of action to management regarding Super Deals’ offer.
Below is the cost report for a recent month. In this month, Acme produced 9,000 cases and sold them at $20 per case, which is Acme’s normal selling price. Nine thousand cases are well beyond Acme’s break-even point, enabling Acme to record a substantial profit at the nine-thousand-case level.
Not exactly a year back my nearby family companion conveyed a second infant. What's more, since we lived near one another and the couple previously had an involvement with newborn children I understood that it was an ideal spot for my perception paper. I chose to watch the youngster multiple times at various dates and time of day since it could enable me to all the more likely recognize baby's mental conduct. The child's name was Alex and at the season of the perception he was ten months old. He was brought into the world solid and with no complexities. At the main day of his life he weighted 7.5 pounds and was 19 inches tall which is viewed as an ordinary range (Zinsser, 2015). The guardians are constant and dedicated individuals and deal with their youngsters great. The conduct of the new conceived infant helps me to remember a chain of responses in light of new sensations which encompasses the newborn child amid first year of life. When I watched Alex it was practically outlandish not to see his reflexes, faculties, and regular senses. At the point when the mother endeavored to contact his lip with a finger the child promptly opened his mouth and was set up to suck. In any case, I saw that he more likes to suck his own fingers instead of somebody else's. At the point when the mother put something sweet on her finger the infant used to begin sucking it and because of something harsh or severe he quickly wrinkled his face and endeavored to clean his mouth. This wonder can be clarified by research led by researcher who guaranteed that people's fondness to sweet taste over some other taste compares to human hereditary qualities (Tatter, Schubert, Timischl, Simbruner, 1986). Another extremely fascinating reaction I watched was a response to the boisterous clamor. The unexpected noisy TV sound made him to frown, he looked exceptionally mindful, and in the meantime terrified. It appears that these reflexes are automatic and the newborn child doesn't have a learning or experience to understand that he is an infant and that he is the piece of the world. The majority of the baby's characteristic reflexes and impulses were very much portrayed by Jean Piaget, a Swiss analyst who is known for his investigations with youngsters. As per Piaget's psychological stage hypothesis, the infants have an inborn composition which is created before they have any involvement with encompassing condition. These subjective structures are in charge of inborn reflexes which are hereditarily customized within us (Huitt, Hummel, 2003). For example, the greater part of the newborn children have sucking reflex which can be activated by contacting infant's lips and dependent on these perceptions Piaget thought of the possibility that babies have a sucking pattern. Paget's pattern improvement can be connected to numerous other natural reflexes. For instance, when something contacts infant's palm he will encounter the getting a handle on reflex, or comparably, the establishing reflex in which the kid will turn his head in course of the cheek you contacted. For example, amid my perception I understood that establishing reflex works much better when the child is eager. When the mother contacted his cheek the newborn child dismissed his head right and somewhat open his mouth. It was fascinating to pursue this procedure since it helped me to imagine how the blueprint functions, all things considered, circumstances. Besides, I felt like the infant was sitting tight for the following sign which is nourishment utilization. Both of these activities are just a response to contact which makes the existence itself an extremely interesting wonder. Get help with your paper today, from our expert exposition journalists! Qualified journalists in the subject of childcare are prepared and holding on to assist you with your investigations. Get help with your paper View expertly composed examples The general child's physical appearance is fundamentally the same as when he is still in the belly. His body, arms, and legs will in general take position in the manner by which they were involved in mother's gut. When I requested that my companion hold an infant, the main thing I saw was the way the musculoskeletal framework was undeveloped. Infants will in general have exceptionally powerless muscles which don't enable them to hold the head or anything in hands. Then again, I saw that when the newborn child got a handle on my finger I felt calm piece of a power created by the muscles. This intriguing perception made me think how the intentional and automatic solid constrictions created and their job in adjustment with encompassing condition. An intrinsic reflex is the particular reaction to outside improvements. The investigation of reflexes is for the most part used to evaluate the condition of the sensory system and the majority of the related pathologies. There can be some exemption yet by and large youngsters are brought into the world with handle reflex. So as to actuate it the guardians ought to just touch the palm of infant's hand and he will quickly flex his digits. Typically, a portion of the reflexes can be seen from the birth and it is significant for youthful guardians to recognize any anomalies in newborn children. (Futagi, Toribe, Suzuki, 2012). Amid the principal month of the existence the infant invests the majority of his energy resting either on a bed or in the mother's hands. Likewise, it was exceptionally evident to see that the infant loved being shaken, and when the guardians encompassed him. I trust that the vast majority of the infant's conduct is carefully programmed as opposed to think. The majority of the activities are intended to bring out a feeling of connection. For instance, when the newborn child begins crying he is most likely eager or needs to be held. Amid the earliest stages time frame the greater part of the infants are far from language/discourse advancement. In any case, I understood that correspondence exists among guardians and the kid. The majority of the children will in general cry a great deal and this is one of the principle sign for a parental figure that something isn't right. Amid my perception I understood that babies cry since they feel a type of uneasiness which requires quick consideration. For youthful guardians it may be regularly hard to comprehend what occurred and why the child is crying. Be that as it may, over some timeframe guardians start to recognize primary concerns. As a future parent this observational experience was extremely instructive for me. I discovered that it takes a great deal of empathy and diligent work to deal with the infant. This an exceptionally requesting activity which requires a great deal of time and diligent work and the information of formative brain science is a decent method to see deductively what resembles to be an infant. Paget's intellectual stage hypothesis is an incredible route for unseasoned parents to get acquainted with nature and mental conduct of the new conceived infant which can be connected so as to build up association among guardian and tyke. References Futagi, Y., Toribe, Y., and Suzuki, Y. (2012, June 11). The Grasp Reflex and Moro Reflex in Infants: Hierarchy of Primitive Reflex Responses. Recovered February 11, 2015, from http://www.ncbi.nlm.nih.gov/pmc/articles/PMC3384944/ Huitt, W., Hummel, J. (2003). Piaget's hypothesis of subjective improvement. Instructive Psychology Interactive. Valdosta, GA: Valdosta State University. Recovered February 4,2015 from http://www.edpsycinteractive.org/themes/cognizance/piaget.html Tatzer, E., Schubert, M., Timischl, W., and Simbruner, G. (1985, October 12). Segregation of taste and inclination for sweet in untimely infants. Recovered February 4, 2015, from http://www.ncbi.nlm.nih.gov/pubmed/4064994 Zissner, K. Physical improvement in earliest stages [PowerPoint slide]. Recovered from Lecture Notes https://uic.blackboard.com/webapps/board/content/listContent.jsp?course_id=_87219_1&content_id=_4081122_1>GET ANSWER