How does process costing treat spoiled units?
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Process costing traces and accumulates direct costs, and allocates indirect costs, through a manufacturing process. Costs are assigned to products, usually in a large batch, which might include an entire month's production. Eventually, costs have to be allocated to individual units of product.\n\nWhy do we need to allocate total product costs to units of product? A company may manufacture thousands or millions of units of product in a given period of time. · products are manufactured in large quantities, but, · products must be sold in small quantities, sometimes one at a time (automobiles, loaves of bread), a dozen or two at a time (eggs, cookies), etc. · product costs must be transferred from Finished Goods to Cost of Goods Sold as sales are made. This requires a correct and accurate accounting of product costs per unit, to have a proper matching of product costs against related sales revenue. · managers need to maintain cost control over the manufacturing process. Process costing provides managers with feedback that can be used to compare similar product costs from one month to the next, keeping costs in line with projected manufacturing budgets. · a fraction-of-a-cent cost change can represent a large dollar change in overall profitability, when selling millions of units of product a month. Managers must carefully watch per unit costs on a daily basis through the production process, while at the same time dealing with materials and output in huge quantities. Materials part way through a process (e.g. chemicals) might need to be given a value, process costing allows for this. By determining what cost the part processed material has incurred such as labour or overhead an "equivalent unit" relative to the value of a finished process can be calculated.
4788
Best method if practical is to freeze it.\nIf not sealed within a steralized container.
833442
and how will they collect?\n\nThey can't.\nAnd if you don't pay--they get stiffed--and I would let them cook..\n\nIt's going to be on your credit anyway.
934154
Okay here goes.........Well, firstly I am a Quality Engineer and work with the concept of RFT, (right first time). The idea is, and lets use the example of a mould tool producing a plastic part, the setter or technician sets up the tool to run, the hopper filler supplies the material to the press, and an operator is working at the press to pack the product. Each of these people are being paid to do their part of the process, also taking into account the electricity needed to run the press, the cost of the material and so on...... Now, if during that run or even worse at the end of the run, it turns out that the parts produced were rejects and could not be used, the whole process has to be repeated. So, each person in the loop has to be paid again to do a job they have already done. More electricity is required, more material, all this additional cost to produce parts that should of been right in the first place. Plus, the parts can only be sold once to the customer, so this money has been lost. You do this enough times and it won't be long before you are not making any profit on the parts. \n\nThe ideal process producing RFT parts, is a tool that can be put in the press and left to run, if the tool and process is capable the highest amount of profit will be gained from that part. No scarp, no wastage of material, no downtime, and lastly, if the tool has to repeat its run to produce good parts, the next tool waiting to go in the press has to be postponed, so the knock on effect of making scrap costs the company money in all sorts of ways. This can be looked at, as the domino effect.\n\nRFT is hard to maintain all of the time, but top companies like Ford, Toyota and Nissan promote this concept to their suppliers, but as a supplier myself, it is easier said than done.\n\nSORRY SO LONG WINDED !!
956051
it depends on the cost of the work being done
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Learn what they really want\nLearn what the old supplier is doing wrong\nMake sure you can do both.\n\n:-)
712811
Pack it in salt to "cure" it first or it'll start to rot.
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When a service company sells its services to its clients, it has to use a benchmark rate to charge out.  \n\nThe staff will report how many hours they work, with different "billing rates" per hour depending on the experience/level of the staff and the difficulty of the project.  Alternatively, billing rate can be priced on a "per project" basis rather than hourly. \n\nLet's say you are going to install a server.  You will probably charge $x for the server plus labor at $y billing rate for the senior engineer and $z billing rate for his junior engineer (who holds his tool bag, picks up the dry cleaning and so on).
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The cost of a given unit of a product.
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Check with your A/P department.  This person will see potential areas for cost cutting.\n\nOffice supplies are a killer.  If you can find a local distributor (rather than a national chain) you can often get Sam's Club pricing with free delivery.\n\nIf you have a bottled water supplier, shop them.  This is a very competitive field.  Biggest company does not always have the best price.\n\nPaper products/janitorial supplies.  Another huge budget buster.  Sam's Club.\n\nCleaning service.  Many times an employee is willing to come in and provide this service for far less than a professional service.
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Try to de-frag and do a system clean up.
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Since no has taken a stab at this yet, I'll try:\n\n  As an experiment, food was first cooked (to kill germs)\nand then stored in air-tight bottles. It was taken aboard an \nEnglish ship. After a couple of months the bottle was opened\nand the food was found not to have spoiled.\n  A sheet metal worker found out about this, and thought \nabout storing food in cans instead. James Burke discusses \nthis in one of the Connections Programs. I've included a \nlink in the sources part.\n  There is no reason the surface area of the can would vary\nbetween now and then unless the cans were first made with \na square bottom. I don't believe it was.
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hi.\ncheck your controls, are they enough to prevent spilferages, window dressing, leakages, etc.\nthen check also your operations policies, is it making good effect on the income of the company? they might have been so much workers for an ample task. check also that your people are happy working for you?
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refridgerate it or freeze it.
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this is a two part problem - at least.\nWhen equipment (or software)no longer meets a companies need it has to be upgraded or replaced.\nWhen either is no longer supported (called end of life cycle) it is best to be ready to dump the old stuff. The cost and over head of supporting interally (within the company) hardware and software that you do not have resources for runs very high. \n    Someone has to maintain equipment - as a rule it is best to do so under warrenty, unless your company is so large it has a full staff for softwae and hardware. Otherwise outsource it and cut the overhead. \nCarl
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you should contact your clinical waste service, but thats if they do disposole of developer & fixer.\nif in doubt contact the BDA they should also give you information of this in your local area.\n\nhope this is useful
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Methane can be removed by low temperature gas distillation.  The cost may not be worth it.