GFI Executive Report

Gracie Fay International (GIF) has an art to understand their abilities to record, classify, and summarize their financial, but they are lacking the understanding of their cost accounting systems, product costs for production of took balls, specific job order cost for special order products, and their cost information on the two models of pitching machines, which all of these areas are not being Justify on how Important cost accounting is too growing company Like GIF.These four areas will be explored In more detail in order to shed light on each activity, which will ensure that GIF Is asking a profit, correct decisions, and recognizes any corrections that need to me made. GIF must understand that cost accounting Is an Important function In their corporate strategy. Cost accounting Is known as managerial, or management accounting, which It provides economic, and financial Information In making decision for the company. Its mall objective is to provide information In ladling management to plan, direct, and control operations.It also improves these controls by supplying data on the cost incurred to each manufacturing department. The skill sets that I have will enhance GIF on many levels, and they include; full knowledge of purchasing policies, processes, and procedures, balance and reconcile records, able to research and resolve unbalance issues, have strong technical skills, solid decision making skills, and the ability to exercise independent Judgment, prioritize and plan, work activities efficiently to meet deadlines, work as a team or independently, detailed oriented, excellent oral and written communication skills, and strong mathematical skills.Cost management is used to plan, and control the company's decision process, in which reduce cost would be lower, and product value would increase for customers. It provides information that ensures management makes short, and long term decisions no matter what kinds of materials are being used, changes in plant proce ss, or in product design. Management would make these kind of decision to increase short term profits, and Improve the long term position of the company. There are three cost system that are used for manufacturing operations; Job order cost system, Process cost systems, and Activity based (BBC).Job order Is used to reduce products for specific orders, and It estimates the costs with producing the goods for different Jobs (Atkinson et. Al. 2005 p. 79) Process costing Is often used by companies that operate using continuous processing. This type of system applies the costs of production, labor and support actively as the goods pass through the different process stages. (Atkinson et al, 2005, p. 92-94) BBC has a two stages, the first stage Is cost Is allocated to pools, and the second stage Is the cost pools are allocated to products, or services. (Edmonds et al, 2006, p. 33). These septets include understanding the difference between manufacturing, and non manufacturing costs, computi ng the cost of manufacturing a product, indemnifying cost behavior when it comes to utilizing cost volume profit relationships, setting prices, budgeting, controls, and capital when it comes to the company's strategies. Transform raw materials into finished product, and the cost consist of basic materials, and components, labor, and factory overhead in order to complete a finished product. The material, and labor is classified as direct, or indirect to the finished product.To explain direct material, it is taking major components, which can be traced to the finished product. It counts these components carefully, because of the significance to the product, for example take a lawn mower its major components are the engine, wheels, and handle, but the indirect materials is those minor items like screws, nuts, bolts, washers, and lubricants, which is accounted for as factory overhead. Cost accounting also includes direct labor costs, which is all labor costs for specific work performed on products that can be conveniently and economically raced too product unit.Factory overhead is all factory costs that are indirectly related with the finished inventory. When it comes to cost behavior, the costs do not change in total, even when the product numbers increase, or decrease, and is considers to be fixed cost, an example would be rent. Other cost that a factory may incur would be known as non manufacturing cost, which includes selling, administrative, and financing costs that are deducted as expenses from the sales revenues. The manufacturing production process includes, Job shops, batch flows, etc. Which help determine the type of product cost system the company may utilize.It is understood that when making a decision its best to use estimation of costs, but management must have a good idea on how costs behave. There are several methods that management could use; the high low method, or the least square regression. When a company is setting prices there is one approac h to think about, that would be the cost plus pricing. Then the company can apply the proper markup given the competitive market conditions, and other factors, like target selling price. In equines a budget aids in planning, and controlling of the company. Master budgets consist of operating, and financial budgets.The operating budget forecast sales, while financial budget is based on data from income statement. Let not forget that budgetary control is needed, this process compares actual operating results, and to identify problem areas in order to correct the issues. In conclusion cost accounting provides products, or services that greatly benefit Gaffs management team in many areas such as, competition, downsizing, or expanding globally, therefore GIF must understand that without cost accounting in their business plan the company may not be able to expand their activities, remain profitable or improve its competitive standing. Art 2 Product Cost Variable Fixed Direct Electricity x Real Estate Taxes x Indirect Leather to tie wood together Manufacturing Labor Water x Lubricants for Machinery Equipment depreciation Electricity, and Water- is manufacturing, variable cost, because the business depends on electricity, and when sales have increased it creates more demand for more product. Real Estate Taxes, and Equipment depreciation- is fixed, because it remains instant within a relevant range of volume, or activity.

Business Ownership Choices †10 Mark Question Essay

Orion Designs was established five year ago by Amita Patel and her friend, Yi Ling, after they both finished Art and Design courses. Orion Designs is run as a partnership between the two women. There are currently no other partners. Amita and Yi create hand drawn designs in their studio which is located on an industrial estate. These designs are then sent to another business where a computer is used to put the designs onto transfers. When Amita and Yi get these transfers back, they are put onto mugs and plates purchased from a separate pottery company. Orion Designs then sells the finished mugs and plates as souvenirs. Orion Designs has been making increased profits each year. Amita and Yi now want to expand the business. They could increase the range of items onto which they put the transfers (eg. Mousemats), or perform all of the production processes at Orion Designs. Amita and Yi are aware of the risks involved in expanding the business. Even though they have already invested their own money in the business, there may be a need for additional finance as well as more employees. Actual Question: Amita and Yi have recently had a meeting with a local business advisor about their plan for the expansion of Orion Designs. They were given three possible options: * Option 1- stay as they are; * Option 2- take on additional partners * Option 3 – turn the business into a private limited company. Recommend the best option for Amita and Yi, explaining why the other options were not chosen. Introduction: Amita and Yi are two friends who have a business that puts designs onto pottery. They are currently a partnership but are trying to work out whether they should change the ownership type of their business in order to expand. Paragraph 1 (Analysis of Option 1 and Option 2) The business is currently a partnership so Amita and Yi both have unlimited liability. This means they would have to sell their personal assets if the business went into debt. If they took option 1 this disadvantage would still remain. Option 1 is low risk as they are not doing anything different but it might be difficult for them to expand as they won’t have any additional finance. If they know people who want to join their business then they could take on additional partners, these would have unlimited liability as well. This would bring money into the business but these new partners might want a say in running the business and it might not be what Amita and Yi want, this could lead to arguments. Paragraph 2 (Analysis of Option 3) As a private limited company, the owners of Orion Designs have the benefits of limited liability so they can only lose the amount of money that they invested in the company. So the owners of the business would have more security. If Orion Designs want to expand and have new ranges then they will need more money, if they become ltd they could raise the money they need by having shareholders. This would be an advantage to Orion Designs. At the moment all profits go to Amita and Yi, if they were to become a private limited company they would receive less profits themselves as they would have to pay dividends to all shareholders. Conclusion At the moment there are only two partners, Amita and Yi so they will be limited in the amount of money they can invest but they can make all the decisions themselves. If it were to become a ltd then other shareholders would be able to make decisions and Amita and Yi would lose some control of their business. There are also legal formalities involves in becoming a ltd which would take time and cost money. In order to secure the future of the business and expand I recommend that Orion Designs takes option 2 and stays as a partnership but invites other partners to invest in the business. This way they get the advantage of more capital in the business but do not have to spend a lot of time and money becoming an ltd.

Michelangelo Sistine chapel how is it humanism Essay

Pope Julius II asked Michelangelo to paint the ceiling of the Sistine (sins-teen) chapel in 1508. The chapel was Built by Pope Sixtus IV in 1481. Which happened to be in the Vatican, is known to be the pope’s headquarters in Rome. The chapel measuring in at 130 feet long and 44 feet wide – was a large undertaking to paint. The Sistine chapel particularly important to pope Julius II, since it was the site in which cardinals met to elect new people. Four three years (1508 – 1511) Michelangelo climbed scaffolding in the chapel to his perch about 65 feet above the chapels floor. From This perch, he painted more then 300 massive human figures onto the 5,8000 square-foot ceiling. It was messy, tiring work. Michelangelo wrote the following pome vividly describing his daily agony. My stomach is thrust toward my chin, My beard curls up, toward the sky, My head leans right over into my back, my chest is like that of an old shrew, The brush endlessly dripping onto my face, Has coated it with a multi-colored paving. Though as the paint dribbled into his eyes and down his face Michelangelo never lost sight of his inspiring design. The ceiling contains nine paintings illustrating the creation (Separation of Light From Darkness, Creation of the Moon, Stars, and Planets, and Separation of Land and Water), the story of Adam (Creation of Adam, Creation of Eve, and The Temptation and Fall), and the story of Noah (Noah’s Sacrifice, and The Flood, Drunkenness of Noah). Toward the center, he painted the scene that was meant to compel the viewer’s attention. This scene â€Å"The Creation of Adam† God is reaching out to infuse the spirit of life into Adam, the first man. One art historian  pointed out, â€Å"An electric charge seemed to pass between their fingers.† Humanists combined respect for classical learning with supreme confidence in human ability. Michelangelo’s painting represents humanism in the way it glorified the beauty and order in nature, while in older medieval paintings contained only temptation and evil. They thought of Humans are almost equals of god and believed that the powers of the human race should be glorified, in the 300 magnificent human paintings you can spot just how Michelangelo showed this love for the human power. â€Å"The Creation of Adam† shows god touching Adam, the two share an electric charge between the two finger tips. I think this shows that god gave humans power to be equals. Adam in the nude, signifies celebration of the human body proving just how wonderful, strong and beautiful it really is. Michelangelo brought humanism to us though his beautiful painting, showing that not only god can crate things beautiful but the common man can too.

How does Shakespeare present the conflict of good and evil in his play, Macbeth? Essay

How do these extremes reflect the time in which the play was written? (20 marks) The play Macbeth presents the antithesis of good and evil as a concept that is absolute. The play follows the common religious beliefs of the time in presenting three main causes of evil: the total depravity of man, temptation from others and satanic influence. Good is also presented but is not the focus of the play. This is a play about evil, treason and uncertainty – a reflection of the turbulent times of Jacobean England under James I where the conflict between good and evil actions was very real. In examining the three ways in which Shakespeare presents the conflict, a good place to start would be total depravity. Primarily we see this battle of conscience versus will of the flesh personified in the character of Macbeth. In Act 1 Scene 4, after Duncan names Malcom as his successor, Macbeth laments that Malcom is an obstacle: â€Å"On which I must fall down, or else o’erleap, / For in my way it lies.† We can see at this stage Macbeth is still undecided at what his course of action will be. His conscience tells him to give up, to â€Å"fall down†, but if he is to fulfil his desire of becoming king he must â€Å"o’erleap† such hindrances. He goes on to say, â€Å"Stars hide your fires, / Let not light see my black and deep desires.† Evil committed in darkness is a recurring theme across the play. Macbeth wishes to hide his evil deeds in the night, out of the sight of men and arguably out of the sight of God, as light typifies all that is good and at the time God was considered to be the ultimate good. This meaning would not have been lost on a Jacobean audience. The next couplet further emphasises the discord man can experience within himself: â€Å"The eye wink at the hand; yet let that be, / Which the eye fears when it is done to see.† This conveys that man can be blind to his own actions, and not even be aware he is committing evil until his eye fearfully surveys the damage caused. The dual use of rhyming couplets at the end of the speech emphasises how twisted and evil Macbeth is becoming. This idea of man choosing darkness was a common idea of the times. The Puritans believed strongly in the doctrine of Total Depravity, the idea that when given the choice between good and evil man will eventually chose sin by default and is not capable of doing good without divine intervention. In John Calvin’s ‘Institutes of the Christian Religion’ he explains evil as â€Å"a hereditary, depravity and corruption of our nature†. However, Banquo is an example of how the Jacobeans believed a religious man can overcome temptation. He is subjected to the same temptation as Macbeth but in Act 2 Scene 1 he is seen praying, â€Å"Merciful powers / Restrain me in the cursed thoughts that nature / Gives way to repose.† He asks for his depraved nature to be restrained so he will be able to choose to do good. It is possible that he himself is considering killing the king. The â€Å"cursed thoughts† that he speaks of have begun to transpose as nightmares, which represent how darkness is seeping into even the Scottish people’s repose. Sleep would normally be associated with peace and rest, but slowly it becomes a metaphor for death and decay. Following on from that the second way Shakespeare presents good and evil is temptation from others. We see this presented clearly with the scenario in Act 1 Scene 5 between Macbeth and Lady Macbeth. When Lady Macbeth finishes reading Macbeth’s letter she states that she fears, â€Å"thy nature, / It is too full of the milk of human kindness / To catch the nearest way.† She fears that Macbeth’s nature is too kind to take the most direct method to kingship: murdering Duncan. Here we can see how well she knows Macbeth and what drives him. She describes human kindness as â€Å"milk†. We know Lady Macbeth is currently nursing children, and milk in that sense represents all that is good, natural and necessary for survival. She implies that kindness flows as easily from Macbeth as milk from a nursing mother. She continues by saying, â€Å"Thou wouldst be great, / Art not without ambition, but without / The illness should attend it†, implying that Macbeth is an ambitious man who desires to be great, but he refuses to let evil influence his aspirations. He â€Å"wouldst not play false.† She recognises that without any external influence he will never commit the evil deeds that he is tempted towards. This is conveyed to us when she promises to, â€Å"chastise with the valour of my tongue.† The use of â€Å"chastise† creates a violent image, as if she intends to give him the verbal equivalent to a beating. She wishes to pass her boldness on to Macbeth, in variance to the typical submissive attitude that was expected of wives in that era. She further emphasises her dark and rebellious nature when the messenger informs her that Duncan is to stay in her castle that night. With an element of twisted glee she interprets the hoarse cry of the raven to foreshadow, â€Å"the fatal entrance of Duncan / Under my battlements.† She refers to the castle as if it belonged solely to her, and as if the murder of Duncan will be of her doing with minimal help from Macbeth. She is presented to the audience as just as ambitious as Macbeth, if not more. The raven itself is a bird typically associated with darkness, death and evil. It is even more ominous that it has croaked itself hoarse, conveying that evil is already corrupting Scotland before that cataclysmic deed is even committed. Lady Macbeth is adamant that she wants any form of femininity, no matter how mild, to be removed from her so that she can carry out her task efficiently. She expresses a desire to be â€Å"unsexed†. The milk analogy is continued when she asks evil spirits to, â€Å"Take my milk for gall.† She wishes that what she referred to in her previous speech as â€Å"the milk of human kindness† to be removed entirely from her and replaced with malice and evil. When she begins to tempt Macbeth she tells him that, â€Å"Your hand, your tongue; look like th’ innocent flower, / But be the serpent under’t.† She encourages Macbeth to shed his innocent, good exterior and unleash the serpent that lies below. Through the direct contrast between a flower and serpent Shakespeare conveys how incompatible good and evil are – Macbeth must choose one, for he cannot balance both. Shakespeare, through Lady Macbeth, presents good as something fickle and easily corruptible, the weaker side in the conflict between good and evil. Furthermore, referencing to a serpent is a Biblical metaphor of when Eve tempted Adam into sin. That’s not the only time in the Bible that evil women help men fall into sin: other cases include Samson and Delilah and Herod and Herodias. The Bible was taken extremely seriously in Jacobean times, and due to these beliefs that women are easier to tempt than men, Jacobean wives were expected to be submissive and obedient to their husbands, who would keep them on the right track. In his controversial book ‘The Monstrous Regiment of Women’ John Knox stated that â€Å"To promote a woman to bear rule, superiority, dominion, or empire above any realm, nation, or city, is repugnant to nature.† A woman with influence over her husband would have been taboo, but a Queen like Lady Macbeth with power over the country she ruled would have been even more unacceptable in the social hierarchy of society (Knox wrote his book in response to the reign of Elizabeth I, who died three years before Macbeth was produced). King James, who the play was written for, would have been a staunch complementarian. Ultimately Lady Macbeth’s actions lead to her demise, leaving the audience to wonder how differently her life would have been if she had not tempted Macbeth. It could be argued that the tragedy in Macbeth hinged on Lady Macbeth usurping her prescribed role. Many scholars would claim that Shakespeare was a feminist, but even if that was true he would not have been able to express such views under James’s reign. Finally, the most effective way Shakespeare presents the conflict of good and evil in Macbeth is through the involvement of the supernatural and divine. In Macbeth good and evil is not confined to an internal conflict within man but is also represented through a spiritual war with frequent references to God and Satan, the ultimate adversaries. This is best conveyed when Duncan is killed, and then at the climax of the play when good ultimately prevails. In Act 2 Scene 3, when Macduff brings the news of Duncan’s murder, he cries, â€Å"O horror, horror, horror!† The tone of this line is pure shock, and the repetition of â€Å"horror† conveys that the deed is so horrible and inconceivable that Macduff is lost for words. He continues to deplore, â€Å"Confusion now hath made his masterpiece†. In the Bible it reads that, â€Å"God is not the author of confusion†, so that means Duncan’s death could only be a masterpiece of demonic proportions. The audience is given a sense of how heinous a deed this is when he continues; â€Å"Most sacrilegious murder hath broken ope / The Lord’s anointed temple.† In the conflict between good and evil in Macbeth Macduff is presented as being a religious man, like Banquo. He uses another direct Biblical reference, this time citing verses about kingship. Old Testament kings were directly anointed by God, and it is said the body of a holy man is the temple of God’s spirit. Violent imagery is used when he talks about the temple being, â€Å"broken ope†, implying that the spirit was forcibly and criminally removed from its righteous place. Following on from this, the Divine Right of Kings was a major factor in James I’s court. This was a Puritan doctrine that said each king was predestined to take the throne by God and treason against the king was also a blasphemous crime against God. In the epistle dedicatory of the King James/Authorised Bible it reads, â€Å"Great and manifold were the blessings, most dread Sovereign, which Almighty God, the Father of all mercies, bestowed upon us the people of England, when first he sent Your Majesty’s Royal Person to rule and reign over us.† The doctrine’s purpose was routed in kings like James wishing to reinforce their position rather than Biblical fidelity. James was short and did not have the physical appearance of a typical king, and he had recently survived an assassination attempt at the hands of a Catholic group. He had many reason to fear for his right to the throne. The many demonic references were also deep routed in Jacobean culture, where fears of demons, witches and witches were very real. Hundreds of women were burnt as witches and James himself penned an essay named ‘Daemonologie’ after he believed demonic forces tried to kill his wife. To conclude, in Macbeth good ultimately wins the conflict: Macbeth is killed and the throne of Scotland is joined with England. God’s hand is placed back on Scotland in a slightly deus ex machina fashion. Shakespeare presents the audience with many different interpretations of the conflict between good and evil in keeping with the Jacobean culture, the most effective of which I believe is his use of the supernatural.

Synthesis of Waiting for Superman (the movie) and the Article Time to Essay

Synthesis of Waiting for Superman (the movie) and the Article Time to Stop Waiting for Superman - Essay Example tion but the role that the larger society, which is represented by government and other state agencies, through the powers vested in them by the public has to play seem to outweigh all other factors. This is because it is the policies that these people formulate and leadership that they give that determines a greater part of the outcome of the educational system. in this paper therefore, the two works that have been mentioned earlier are synthesized to know how they address the issue of education in the modern American context. Reading through the article, the theme that is developed is how unacceptable it is to try to fix the educational system through wrongful means. This theme is presented from the view point of the administrative story of Michelle Rhee, who was the superintendent of Washington, D.C’s public schools. The issues presented in the article have to do with how Michelle Rhee took over as the superintendent and within a very short time she was seen as a superman who was going to fix not just the ailing D.C public school but that of the nation at large. This is because from policies that she put in place, most of which were focused on forcing principals and teachers to do the right thing by putting in their maximum effort, scores from schools in the state started improving. In no time, she was hailed and referred to by many in public discourse. She even had the attention of big politicians like Barack Obama and went on TV. As it turned out, all her efforts were the product of massive che ating. Synthesizing the article information with the movie, â€Å"Waiting for Superman†, there are some areas that the text can be said to align and agree on a common purpose. A typical example of this has to do with how both works treat the issue of standards of teaching. In the article, the author calls to question, the approach to teaching, where students are prepared only for to take tests, making â€Å"them better at taking state tests† (Stanford, 2013). In the

Daily Reading Responses2 Essay Example | Topics and Well Written Essays - 250 words

Daily Reading Responses2 - Essay Example However, the reading asserts that women have not been enjoying these rights despite their continued struggle. As such, colored women in America are yet to enjoy the full benefits of the American independence. The reading claims that women have a right to vote, earn, and civil justice just like men. The article notes that very few people addressed the rights for colored women after colored men got their rights. As a result, colored men became masters over the women defining a unique type of slavery that demeaned the American independence. Unfortunately, this misfortune only happened to colored women since the white women are a great deal smarter and ensured they enjoyed the same rights as the white men. Conveniently, the reading justifies the struggle for equal rights for colored women by asserting the benefits of having equal human rights for both colored men and colored women in the American community. Indeed, colored women deserve to earn, study, lead, and enjoy civil justice just like colored men since colored people have their freedom in America (University of California 2). Only then will America enjoy the full benefits of the American independence. University of California. Sojourner Truth, Address to the First Annual Meeting of the American Equal Rights Association, New York City, May 9, 1867. Web. 22 July 2014.

Aircraft Carrier Research Paper Example | Topics and Well Written Essays - 1500 words

Aircraft Carrier - Research Paper Example This essay stresses that the navy uses the aircraft carriers in the sea, and this allows military aircrafts to land and take off on the flat decks of the warships. The decks store aircrafts, which are brought up using elevators. Aircrafts land safely, with the use of arresting cables, which have a hook attached on the aircraft. Aircraft carriers are accompanied by vessels such as destroyers, and they carry weapons of war such as missiles. They provide cover to other warships and can perform operations in waters outside the borders of a country freely. This paper makes a conclusion that aircraft carriers have advanced self-close defense system, designed to detect any possible external threats and attacks on the ship. The carriers have automated sensors and weapons that can be used fro combat during an attack from enemies. The self-close defenses system coordinates and identifies potential threat and executes necessary procedures during times of attack. Thus, the aircraft may not become obsolete owing to the defense system that allows for the detection and prevention of threat. The strategic significance of aircraft carriers may make them not to become obsolete in times of war. Advancements in the warships have made it strategic during times of war, as modern navies use it to project their powers. Flights have become a vital asset and machine during the war. Based on this, ships powered by nuclear powers that carry fighter jets and planes have been widely used during times of war. ... Several reasons explain why the carrier may not be obsolete. They have advanced Self-close defense system Aircraft carriers have advanced self-close defense system, designed to detect any possible external threats and attacks on the ship. The carriers have automated sensors and weapons that can be used fro combat during an attack from enemies. The self-close defenses system coordinates and identifies potential threat and executes necessary procedures during times of attack. Thus, the aircraft may not become obsolete owing to the defense system that allows for the detection and prevention of threat (Ireland, 2008). They are still a major investment for many countries According to Fontenoy (2006), many countries still carry out investments in the aircraft carriers, with budgetary allocations including in them a component of the warship. Since the carriers have been used for many years, most nations all over the world have come to trust the carriers. Therefore, many countries still inve st in them, because they have proven useful during war. The investment in these warships serves as an indication that they may not necessarily become obsolete. Investments in the warship may take place for including the future. The strategic significance is obvious and irreplaceable The strategic significance of aircraft carriers may make them not to become obsolete in times of war. Advancements in the warships have made it strategic during times of war, as modern navies use it to project their powers (Fontenoy, 2006). Flights have become a vital asset and machine during the war. Based on this, ships powered by nuclear powers that carry fighter jets and planes have been widely used during times of war. The carriers have the capability to carry many aircrafts; therefore, they have been