THE SECOND AMENDMENT Essays - Gun Politics In The United States

THE SECOND AMENDMENT: What Role Should The Government Play in Gun Control? A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed. Gun control is a real issue with Americans today. Many people have different opinions about how to handle our growing dilemma concerning guns. There are those who believe we should ban guns altogether and those who believe we should not ban or restrict the people's right to own guns at all. Both sides have valid arguments, but neither side seems to know how to compromise because of their very different opinions. I personally believe guns should be banned. However, those against gun control have very good arguments. The Second Amendment was written because of the colonists' fear of an all-powerful central government taking over, but there are many interpretations of how the Second Amendment reads. The court has never found the Second Amendment to clash with the Fourteenth Amendment's Due Process clause which states that, "No state shall...deprive any person of life, liberty, or property, without due process of law" (McClenaghan 522). This gave each state the right to set up their own rules and regulations, which I believe, is one reason why we have the problems that we do. There have been four major cases heard by the Supreme Court which found that the fire-arm control laws are constitutional; United States v. Cruikshank (1986), Presser v. Illinois (1886), Miller v. Texas (1894), and the United States v. Miller (1939) (Strahinich 41). United States v. Miller was the most important. It supported a section of the National Firearms Act of 1934, basically stating that it is a crime to ship sawed off shotguns, machine guns, or silencers across state lines unless registered with the Treasury Department (McClenaghan 522). The United States already has more than twenty thousand gun laws, but they do not seem to be making an impact. The first American gun control laws were written before the Revolutionary War. The most effective and more recent laws have been the Gun Control Act of 1986 and the Brady Law. The Gun Control Act of 1986 has a lot of impact on our rights concerning firearms today. It requires federal licensing and inspection of dealers with new and stricter guidelines. It restricted the sale of ammunition and firearms between states and completely banned importing "Saturday night specials." Citizens could no longer own "destructive devices" such as bazookas and machine guns (Strahinich 51). This mainly attempts to prohibit high risk groups from obtaining firearms. The Gun Control Act of 1986 created new and greater penalties for using firearms to commit federal crimes. The Brady Law of 1994 required a buyer to wait at least five days before receiving a handgun, therefore giving the seller ad equate time to do a background check. The opposition argues that since there are over two million handguns in circulation today it would be nearly impossible for every single buyer to be checked. Those gun control believe that neither the Brady Act nor the Gun Control Act of 1986 are strong enough. It's revision in 1998 expanded required waiting periods on handguns, to requiring waiting periods on all firearms (Netzley 32). Some have suggested limiting guns and ammunition. Virginia Governor Doug Wilder proposed limiting gun purchases to one per person per month (Roleff 65). However, in 1982 Kennesaw, Georgia created an ordinance that required every head of household to own a gun and ammunition (Strahinich 48). Washington DC has the country's most extreme gun law. It states that "No civilian may buy or carry a handgun, nor may any gun be kept assembled or loaded in one's home for self defense." Yet, Washington has one of the highest homicide rates in the United States (Roleff 47). It is my belief that no single state can accurately decide what is best for the nation as a whole. It is said that any gun control measure that makes it harder to obtain guns would tend to produce more gun violence rather than less because the law abiding citizens will be defenseless against the criminal types. To gun control activists, repressive gun control laws are not at all effective. If anything,

Carrie Review Essays

Carrie Review Essays Carrie Review Essay Carrie Review Essay The Importance of Respect Carrie is a supernatural thriller film based on the novel Carrie written by Stephen King. The theme of this film is about respect. The main character in this film is Carrie White. She is a shy and quiet girl who does not have many friends. She has telekinesis which enables her to move things by using her mind. Carrie lived with her mother, Margaret White, who was a Christian fanatic that like to abuse her. The other main character is Chris Hargensen, the popular girl who always bullies and abuses Carrie. She hates Carrie for making her banned from the prom. Then there is Sue Snell, Chris ex-friend who takes a pity on Carrie. She helps Carrie to enjoy her prom night by asking her boyfriend to take Carrie to the prom. And there are Tommy Ross, which is Carries prom date, and Miss Collins, a caring gym teacher that is always there for Carrie. I believe that the main message behind the film is that we have to respect each other because nobodys perfect. The quote What you sow is what you reap is robably the best thing that can explain the main message of the film. For all the things that Chris has done to Carrie, Chris finally got her own punishment. Another message that Stephen King is trying to say is related with religion. Stephen King shows his message through Margaret White. Margaret White is a Christian fanatic who abuses Carrie because she believed that Carrie didnt walk in the right track. So she tried to guide Carrie to the right track according to what she thinks is right. In the last scene of the film, the burning house indicates hell. Stephen King wants the audience know that religion cant save you. Even if you are a religious fanatic, your relationship with God is the most important thing. I personally didnt like the film because its so frightening and shocking especially the last part of the film. And moreover, I dont like thriller film. However, the film taught me a good moral lesson. Basically, you get what you give. So Just give some respect to other people and you will get respect from others.

Biography of Egon Schiele, Expressionist Artist

Biography of Egon Schiele, Expressionist Artist Austrian artist Egon Schiele (June 12, 1890- October 31, 1918) is best known for his expressionistic- and often sexually explicit- depictions of the human body. He was a successful artist in his time, but his career was cut short by the Spanish flu pandemic. He died at age 28. Fast Facts: Egon Schiele Occupation: ArtistKnown For: Sexually explicit paintings that shocked audiences and pushed the boundaries of the art world.Born: June 12, 1890 in Tulln, Austria-HungaryDied: October 31, 1918 in Vienna, Austria-HungaryEducation: Academy of Fine Arts ViennaSelected Works: Kneeling Nude with Raised Hands (1910), Self-Portrait with Chinese Lantern Plant (1912), Death and the Maiden (1915)Notable Quote: Art cannot be modern. Art is primordially eternal. Early Life Born in Tulln, Austria, on the banks of the Danube River, Egon Schiele was the son of Adolf Schiele, a station master for the Austrian State Railways. Trains were the subject of many of Egons early drawings as a child. He was known to spend many hours drawing and avoiding other topics in school. Egon Schiele had three sisters: Melanie, Elvira, and Gerti. Elvira often modeled for her brothers paintings. She married Schieles friend, the artist Anton Peschka. Schiele was close to his sister Gerti, the youngest child of the family; some biographical accounts suggest that the relationship was incestuous. Schieles father died from syphilis when the artist was 15. Schiele became a ward of his maternal uncle, Leopold Czihaczek. With the change of households, Schiele experienced support for his interest in art. In 1906, he enrolled at the Academy of Fine Arts Vienna. Career Beginnings In 1907, a teenage Egon Schiele sought out the famed artist Gustav Klimt, the founder of the Vienna Secession. Klimt took a keen interest in Schiele and bought his drawings while also introducing him to other patrons. Schieles early works show a strong influence of art nouveau and the style of the Vienna Secession. Klimt invited Schiele to exhibit his work at the 1909 Vienna Kuntschau. Schiele encountered the work of many other artists at the event, including Edvard Munch and Vincent van Gogh. Shortly after, Schieles work began to explore the human form in a sometimes sexually explicit manner. His 1910 painting Kneeling Nude with Raised Hands is seen as one of the most important nude pieces of the early 20th century. However, many observers at the time considered Schieles frank sexual content disturbing. In later years, Schiele distanced himself from Klimts ornate art nouveau-inspired aesthetic. Instead, his works began to take on a dark, emotional feel, emphasizing the intensity of human psychology. Arrest and Controversy From 1910 to 1912, Schiele participated in a wide range of group shows in Prague, Budapest, Cologne, and Munich. He founded the Neukunstgrupped (New Art Group) as a rebellion against the conservative nature of the Academy of Fine Arts Vienna. The group included other young artists such as Austrian expressionist Oskar Kokoschka. In 1911, Schiele met 17-year-old Walburga Neuzil. Neuzil lived with Schiele and served as a model for many of his paintings. Together, they left Vienna for Krumau, a small town that is now part of the Czech Republic. It was the birthplace of Egons mother. The couple was driven out of the town by local residents who disapproved of their way of life, including the fact that Schiele hired local teenage girls as nude models. Schiele and Neuzel moved to the small Austrian town of Neulengbach, about 35 kilometers west of Vienna. Egons art studio became a gathering place for local teenagers, and in 1912, he was arrested for seducing a young underaged girl. Police searching the studio seized more than one hundred drawings considered pornographic. A judge later dropped charges of seduction and abduction but convicted the artist of exhibiting erotic works in places accessible to children. He spent 24 days in jail. Schiele painted Self-Portrait with Chinese Lantern Plant in 1912. Historians consider it one of his most significant self-portraits. He depicted himself staring at viewers in a confident fashion. It avoids an idealized view of the artist by showing lines and scars on his face and neck. It was exhibited in Munich in 1912 and now resides in Viennas Leopold Museum. In 1913, the Galerie Hans Goltz produced Egon Schieles first solo show. He had another solo exhibition in Paris in 1914. In 1915, Schiele decided to marry Edith Harms, a daughter of middle-class parents in Vienna. He reportedly expected to also keep his relationship with Walburga Neuzil, but when she found out about the intent to marry Edith, she left, and Schiele never saw her again. He painted Death and the Maiden in response to the split with Neuzil, and he married Edith on June 17, 1915. Military Service Schiele avoided signing up to fight in World War I for nearly a year, but three days after his wedding, authorities called him to active duty in the army. Edith followed him to Prague, the city where he was stationed, and they were allowed to occasionally see each other. Despite his military service guarding and escorting Russian prisoners, Schiele continued to paint and exhibit his work. He had shows in Zurich, Prague, and Dresden. Due to a heart condition, Schiele received a desk job assignment as a clerk at a prisoner of war camp. There, he drew and painted imprisoned Russian officers. Final Years and Death In 1917, Schiele returned to Vienna and co-founded the Vienna Kunsthalle (Art Hall) with his mentor, Gustav Klimt. Schiele painted prolifically and participated in the Vienna Secessions 49th exhibit in 1918. Fifty of his works were displayed in the main hall of the event. The exhibition was a rousing success. In 1918, the worldwide Spanish flu pandemic struck Vienna. Six months pregnant, Edith Schiele died of the flu on October 28, 1918. Egon Schiele died three days later. He was 28 years old. Legacy Egon Schiele was a crucial figure in the development of Expressionism in painting. Schiele painted a phenomenal number of self-portraits and executed more than 3,000 drawings. His works often have stark emotional content in addition to the frank study of the human body. He worked alongside both Gustav Klimt and Oskar Kokoschka, other key Austrian artists of the era. Schieles short yet prolific art career, the sexually explicit content of his work, and the allegations of sexual misconduct against the artist himself have made him the subject of multiple films, essays, and dance productions. The Leopold Museum in Vienna has the most extensive collection of Schieles work: over 200 pieces. Schieles work draws some of the highest contemporary prices at auction. In 2011, Houses With Colorful Laundry (Suburb II) sold for $40.1 million. In 2018, the 100th anniversary of Egon Schieles death inspired significant exhibitions of his work in London, Paris, and New York. Source Natter, Tobias G. Egon Schiele: The Complete Paintings, 1909-1918. Taschen, 2017.

The Impact of Culture on Conservatism Assignment

The Impact of Culture on Conservatism - Assignment Example l with the presentation of those principles encompasses judgment yet cultural dissimilarities may result in alterations in the submission of those criterions. For instance, in relating a regulation that needs acknowledgment of a dependent damage when its realization is â€Å"plausible,† accountants in more highly traditional countries might make a mistake on the side of traditionalism by instituting a lower possibility verge as compared to bookkeepers in less traditional nations. Different segments in which values might result in dissimilarities in the use of monetary recording regulations include segments in which approximation and decision are involved, guarantee cost, irrecoverable outstanding, income recognition, asset damage checks, outdated portfolios, etc. Cancan’s in-house inspectors are required to remain conscious that bookkeepers in these diverse nations might entertain value-oriented prejudices in the manner in which they relate the company’s bookkeeping rules. Bookkeepers in Korea and Brazil may be increasingly traditional (higher UA, lower IND) in relating Cancan’s accounting rules than the bookkeepers in Sweden (lower UA, higher IND). The in-house inspector needs to draw a timetable to do checks to define whether this prejudice is operative. Exigencies, guarantee amount, doubtful outstanding, income appreciation, asset weakening tests, and outdated portfolios are all segments which need significant decision-making capacity. Bookkeepers in Korea and Brazil may be increasingly traditional (higher UA, lower IND) in relating Cancan’s accounting rules than the bookkeepers in Sweden (lower UA, higher IND). The in-house inspector needs to draw a timetable to do checks to define whether this prejudice is ope rative. Exigencies, guarantee amount, doubtful outstanding, income appreciation, asset weakening tests, and outdated portfolios are all segments which need significant decision-making capacity. Besides, the bookkeepers in Brazil and Korea may be less inclined to give evidence demanded by the in-house inspectors due to of an upper range of confidentiality.

The Things They Carried ( Tim o'brien) Essay Example | Topics and Well Written Essays - 250 words

The Things They Carried ( Tim o'brien) - Essay Example Kathleen has been used symbolically to represent the reader. Just like the reader, she responds to the author. Her age and relationship with the storyteller, affects the manner in which he relays and conveys what happens. Just like the reader, Kathleen hears the story for the first time from her father (O’ Brien 32). Another symbolic figure in the story is the young Vietnamese soldier who is dead, constantly appearing in O’Brien’s nightmares, visions, and hallucinations. This symbolizes guilt over horrible acts in war. O ‘Brien had thrown a grenade during war four years ago, but was not certain whether he had killed a man. The author has also used the character Linda symbolically to represent how it is possible to bring back pats elements through storytelling and imagination. Linda was O’ Brien’s classmate who died in fifth grade of brain tumor (O’ Brien 132). She symbolizes O’ Brien’s believe that storytelling can be used to negotiate confusion and pain. She was his first love and his first experience of death. Through her, the author communicates that through imagination, the past can be brought to the present, and the dead made

Clothing and Gender in Virginia Woolfs Orlando Essay -- Virginia Wool

Clothing and Gender in Virginia Woolf's Orlando In her novel Orlando, Virginia Woolf tells the story of a man who one night mysteriously becomes a woman. By shrouding Orlando's actual gender change in a mysterious religious rite, we readers are pressured to not question the actual mechanics of the change but rather to focus on its consequences. In doing this, we are invited to answer one of the fundamental questions of our lives, a question that we so often ignore because it seems so very basic - what is a man? What is a woman? And how do we distinguish between the two? It seems that in ordinary life, we are most likely to distinguish between a man and a woman by clothing. This is more difficult to do in the present day, in which women have adapted much traditionally male clothing for their own use, but in the time periods in which Orlando is set it was still the case that men and women wore distinct clothing. If we consider our everyday experience, it becomes clear that this is the means we use, at least from a distance. Other cues such as hairstyle, quality of voice, and so on enter the equation later, but clothing comes first. A man with long hair is eccentric at worst; a man wearing a dress runs the risk of being beaten to a pulp for this transgression. People wishing to undergo a sex-change operation must undergo a period of living as the opposite gender before going through with surgery - the first and most important thing invariably done here is to purchase a new wardrobe. So, if clothes are the cues that we use to differentiate the two genders, then it is no surprise that Orlando's sex change takes place when it does. In the opening paragraph of Chapter Four, upon Orlando's departure from Turkey, Woolf writes... ...ch woman when in fact it is not very clear what she is. Woolf posits that her choice of clothing points to something deeper: "Clothes are but a symbol of something deep beneath. It was a change in Orlando herself that dictated her choice of a woman's dress and of a woman's sex" (188). If only it were possible for us to change our genders and all the social baggage that comes with them merely by changing our clothing? But Orlando's life is in some ways magical, and this makes it possible. Works Cited and Consulted Boehm, Beth A. "Fact, Fiction, and Metafiction: Blurred Gen(d)res in Orlando and A Room of One's Own." Journal of Narrative Technique 22:3 (1992): 191-204. Thompson, Nicola. "Some Theories of One's Own: Orlando and the Novel." Studies in the Novel 25:3 (1993): 306-17. Woolf, Virginia. Orlando: A Biography. Oxford: Oxford University Press, 1992. Clothing and Gender in Virginia Woolf's Orlando Essay -- Virginia Wool Clothing and Gender in Virginia Woolf's Orlando In her novel Orlando, Virginia Woolf tells the story of a man who one night mysteriously becomes a woman. By shrouding Orlando's actual gender change in a mysterious religious rite, we readers are pressured to not question the actual mechanics of the change but rather to focus on its consequences. In doing this, we are invited to answer one of the fundamental questions of our lives, a question that we so often ignore because it seems so very basic - what is a man? What is a woman? And how do we distinguish between the two? It seems that in ordinary life, we are most likely to distinguish between a man and a woman by clothing. This is more difficult to do in the present day, in which women have adapted much traditionally male clothing for their own use, but in the time periods in which Orlando is set it was still the case that men and women wore distinct clothing. If we consider our everyday experience, it becomes clear that this is the means we use, at least from a distance. Other cues such as hairstyle, quality of voice, and so on enter the equation later, but clothing comes first. A man with long hair is eccentric at worst; a man wearing a dress runs the risk of being beaten to a pulp for this transgression. People wishing to undergo a sex-change operation must undergo a period of living as the opposite gender before going through with surgery - the first and most important thing invariably done here is to purchase a new wardrobe. So, if clothes are the cues that we use to differentiate the two genders, then it is no surprise that Orlando's sex change takes place when it does. In the opening paragraph of Chapter Four, upon Orlando's departure from Turkey, Woolf writes... ...ch woman when in fact it is not very clear what she is. Woolf posits that her choice of clothing points to something deeper: "Clothes are but a symbol of something deep beneath. It was a change in Orlando herself that dictated her choice of a woman's dress and of a woman's sex" (188). If only it were possible for us to change our genders and all the social baggage that comes with them merely by changing our clothing? But Orlando's life is in some ways magical, and this makes it possible. Works Cited and Consulted Boehm, Beth A. "Fact, Fiction, and Metafiction: Blurred Gen(d)res in Orlando and A Room of One's Own." Journal of Narrative Technique 22:3 (1992): 191-204. Thompson, Nicola. "Some Theories of One's Own: Orlando and the Novel." Studies in the Novel 25:3 (1993): 306-17. Woolf, Virginia. Orlando: A Biography. Oxford: Oxford University Press, 1992.

Sippican Case

1 SIPPICAN CORPORATION CASE ANALYSYS 20229 Cost Management System 2 Executive Summary ? Company Overview ? Accounting method ? Production process ? Activities performed ? Q1. Should Sippican use a contribution margin approach? Explanation ? Q2. Capacity cost rates for resources ? Q3. ? a. Revised costs and profits ? b. Product costs and profitability analysis with the new allocation method. Cause of the shifts in values. ? Q4. What actions should the management take to improve Sippican’s profitability? 3 Company overview †¢ Sippican is a company manufacturing hydraulic control devices: alves, pumps and flow controllers †¢ Recent trends (March 2006) ? Valves: margin remained at standard 35% ? Pumps: Sippican’s main business, gross margin fell to 5% (below expect. 35%) ? Flow controllers: price increase by 10% with no effect on demand †¢ Issue Sippican had to react to competitors pumps price reductions to maintain volumes Decline in profitability: pre tax m argin to less than 2% 4 Competitive scenario Sippican †¢ High quality †¢ Unique design †¢ Loyal customer base †¢ Major supplier †¢ High volumes †¢ Commodities †¢ Major presence †¢ Customized †¢ Various typesIndustry Able to match Sippican’s quality, but no bids for market share with price cuts Sippican’sReaction Stable 35% gross margin Valves Pumps Price reduction Price reduction & consequent decline in profitability More production runs and shipments to meet demand + 10% Price increase w/o affecting demand Flow Controllers Much variety of types in the industry 5 Accounting method †¢ Simple cost accounting system , full cost method: ? DM costs= price of components (annual agreement) ? DL= 32. 5$/h (fringe benefits are included); charged on std run times for each product ?OH allocated as % of production-run DL cost (185% current OH rate) †¢ Variable costs are only DL and DM Meeting to consider the possibility of ado pting a contribution margin approach 6 Production process Purchase Machine Assembly ? A unique product department ? Same equipments and labor for all the 3 product lines ? Just in time Valves †¢ 4 components †¢ Standardized †¢ Large lots Pumps †¢ 5 components †¢ Standardized †¢ Products go to industrial distributors after assembly Flow Controllers †¢ Varied&customized: more components, more labor , more products runs 7 Activities Set up 2x 7. h/d shifts; 20 days per month †¢ each time batch components is machined in a production run †¢ 15 workers per shift (25% production workforce) †¢ †¢ †¢ †¢ †¢ 62 machines Workers simultaneously at more machines 45 workers per shift (production&assembly workers) 5,400$/month operating expense Productivity: 6 per shift Production run Receiving and production control †¢ Orderind, processing, inspecting, moving batch componetnts to production runs †¢ 75’ (regardle ss type of production run & components price) †¢ 4 people over the 2 shifts †¢ †¢ †¢ †¢ 50’ per shipment 8’ bubble wrap and pack 14 workers per shift (tot28) 7. h/d shift; 30’ training; 2Ãâ€"15’ breaks *Production& assembly workers: – 2x 15’ breaks 30’ training 30’ preventive mainteinance Packaging and shipping New product design and development †¢ 9750$/m compensation †¢ 7. 5h/d shift 8 Q1: Should executive adopt a contribution margin approach? Yes Costs-volumeprofits analysis No Variable costs:dm&dl significant contribution to oh Pricing decisions No account of all costs related to products Significant fixed costs JIT: no need to incorporate inventories NO: company cost structure significant fixed overhead costs and significant activities influencing the values of the final products the whole analysis will based on the contribution margin approach. The results which will be obtained will be influenced by the use of Time-driven ABC, with the right cost driver allocation to cost pools. It will make the difference for perfoming a more accurate analysis 9 Q2: Compute capacity rates for resources Hrs/month Monthly cost* Production workers 20 $3. 900 Indirect workers 20 $3. 900 Engineers 20 $9. 750 Machines 20 $5. 400 x Paid hrs 7,5 7,5 7,5 Productive hrs 6 6,5 6 12 ? Monthly hrs 120 130 120 240 Cost per hr $32,50 $30,00 $81,25 $22,50 DL Set up Machines Rec&Prod Pack&Shp Eng units 90 30 62 4 28 8 Monthly hrs 120 120 240 130 130 120 Hrs available Hrs used % Capacity used 10800 10700 99,07% 3600 3400 94,44% 14880 14600 98,12% 520 431,25 82,93% 3640 3483,33 95,70% 960 900 93,75% *given by the text Q2 Product data March 2006: 10 Product Lines Valves Pumps Flow Contr. DM units 4 5 10 DM cost 16 20 22 DL h/unit 0,38 0,50 0,4 Machine h/unit 0,5 0,5 0,3 Set up h/unit 5 6 12 Production Units Machine hrs (run time) Production runs Setup hrs(labor&machine) #of shipments Hrs engineerin g work Valves Pumps Flow Contr. 7500 12500 4000 3750 6250 1200 20 100 225 100 600 2700 40 100 200 60 240 600Total 24000 11200 345 3400 340 900 Actual quantities per activity: Activities Set up hrs Machine hrs Receiving& control hrs Packaging & Shipment hrs Engeneering hrs Pr Units x DLhrs Mhrs+set up hrs(machine) 75’/60) x production runs (50’/60’) x #ship + (8’/60’) x pr. Units Eng hrs Valves 2850 3850 25 1. 033,33 60 Pumps 6250 6850 125 1750 240 Flow contr 1600 3900 281,25 700 600 Total hrs used 10700 14600 431,25 3483,33 900 Q3 Valves Pumps Flow Controllers Tot $592. 500,0 $875. 000,0 $380. 000,0 $1. 847. 500,0 $212. 625,0 $453. 125,0 $140. 000,0 $805. 750,0 $120. 000,0 $92. 625,0 $250. 00,0 $203. 125,0 $88. 000,0 $52. 000,0 $458. 000,0 $347. 750,0 11 Q3. a: Revised costs and profits for the 3 product lines Revenues VC DM* DL* Contribution Margin TOH* Machine related expenses Setup labor Setup Machine R&P Control P&S Engeneering $379. 875,0 $421 . 875,0 $126. 499,0 $249. 374,1 $84. 375,0 $3. 250,0 $2. 250,0 $750,0 $30. 999,0 $4. 875,0 $140. 625,0 $19. 500,0 $13. 500,0 $3. 750,0 $52. 499,1 $19. 500,0 $240. 000,0 $253. 687,8 $27. 000,0 $87. 750,0 $60. 750,0 $8. 437,5 $21. 000,3 $48. 750,0 $1. 041. 750,0 $629. 560,9 $252. 000,0 $110. 500,0 $76. 500,0 $12. 937,5 $104. 498,4 $73. 25,0 Gross Margin GS&A Operating Income % Gross Margin * Cost allocation slide 11 $253. 376,0 $172. 500,9 -$13. 687,8 $412. 189,1 $350. 000,0 $62. 189,1 22,31% 42,76% 19,71% -3,60% 12 Cost Allocation: †¢ DM&DL: SQxSP Valves Prod. Units 7500 DM costs 16 DL costs 12. 35 Pumps 12500 20 16. 25 Flow Contr. 4000 22 13 †¢ OH: Activities Set up hrs Machine hrs Receiving& control hrs Packaging & Shipment hrs Engeneering hrs Pr Units x DLhrs Mhrs+set up hrs(machine) (75’/60) x production runs (50’/60’) x #ship + (8’/60’) x pr. Units Eng hrs Valves 2850 3850 25 1. 033,33 60 Pumps 6250 6850 125 1750 240Flow contr 1600 39 00 281,25 700 600 Total hrs used 10700 14600 431,25 3483,33 900 Capacity Costs Production workers 32,5 Indirect workers 30 Machines 81,25 Engineers 22,5 13 Q3. b Product costs and profitability with new cost assignment ? old cost assignment DL cost DM cost Man OH cost (185%) Std Unit cost Target selling price Planned gross margin Actual selling price Actual Gross margin Actual gross margin% Valves Pumps $12,35 $16,25 $16,00 $20,00 $22,85 $30,06 $51,20 $66,31 $78,77 $102,02 35% 35% $79,00 $70,00 $27,80 $3,69 35% 5% Flow C $13,00 $22,00 $24,05 $59,05 $90,85 35% $95,00 $35,95 38% ? new cost assignment:DL cost DM cost Man OH cost Std Unit cost Target selling price Planned gross margin Actual selling price Actual Gross margin Actual gross margin% Valves $12,35 $16,00 $16,87 $45,22 $78,77 43% $79,00 $33,78 43% Pumps $16,25 $20,00 $19,95 $56,20 $102,02 45% $70,00 $13,80 20% Flow C $13,00 $22,00 $63,42 $98,42 $90,85 -8% $95,00 -$3,42 -4% †¢ †¢ – Valves more profitable: 35%( old) vs (43%) No changes in expectations Lower cost allocated: less activities dedicated to their production(std products, large lots) Pumps No meet expectations, but still profitable 20% Lower cost allocated: less activities dedicated to their production (std products) – Flow controllers No profitable: -4% Higher cost: many activities and people used in their production Q3. B 14 †¢ The shift is caused by the Time-driven ABC method: – Costs are allocated to product lines which absorb more costs: more detailed and long production process for flow controllers †¦Ã¢â‚¬ ¦.. 15 Q4. What actions should the management take to improve Sippican’s profitability? Flow Controllers †¢ Flow controllers not profitable as expected $253. 87,8 $27. 000,0 $87. 750,0 $60. 750,0 $8. 437,5 $21. 000,3 $48. 750,0 †¢ High setup costs (148000) compared to the other overheads TOH* Machine related expenses Setup labor Setup Machine R&P Control P&S Engeneering Potential s olutions: – Impose a minimum quantity order to lower set up costs Gross margin -3,6 (how to convince customers to buy a minimum quantity? ) – Production process improvement, with lower set up times 16 Q&A