Scribd Logo
Upload

Welcome to Scribd!

  • 634 views

    Acccob3 - Ra2

    Uploaded by

    Philip Benjamin Nava
    The document discusses Universal Robina Corporation's manufacturing overhead costs which include indirect materials, indirect labor, and utility costs. It also provides a recommendation to improve manufacturing, marketing, and distribution of well-known products to increase sales and recover from earnings lost in 2021 due to the pandemic.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Acccob3 - Ra2

    Uploaded by

    Philip Benjamin Nava
    634 views2 pages
    The document discusses Universal Robina Corporation's manufacturing overhead costs which include indirect materials, indirect labor, and utility costs. It also provides a recommendation to improve manufacturing, marketing, and distribution of well-known products to increase sales and recover from earnings lost in 2021 due to the pandemic.

    Original Title

    ACCCOB3 - RA2

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document discusses Universal Robina Corporation's manufacturing overhead costs which include indirect materials, indirect labor, and utility costs. It also provides a recommendation to improve manufacturing, marketing, and distribution of well-known products to increase sales and recover from earnings lost in 2021 due to the pandemic.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    634 views2 pages

    Acccob3 - Ra2

    Uploaded by

    Philip Benjamin Nava
    The document discusses Universal Robina Corporation's manufacturing overhead costs which include indirect materials, indirect labor, and utility costs. It also provides a recommendation to improve manufacturing, marketing, and distribution of well-known products to increase sales and recover from earnings lost in 2021 due to the pandemic.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    ACCCOB3 – RA2 - Research and Application 2: Universal Robina Corporation

    *make sure to double check on plagiarism checker (link provided)


    *individual peer evaluation
    *2 paragraphs each member

    1) What are those manufacturing overhead costs assigned to cost objects? Are all these
    the same or different from what you’ve learned in the discussions?
    - Universal Robina Corporation's manufacturing activities include any expenses that
    are sustained that are not primarily connected to the cost of direct materials and
    labor. To assess and record inventory and cost of goods sold in accordance to the
    GAAP, the manufacturing overhead must additionally be allocated to every quantity
    produced in addition to expenditures like direct material and direct labor. Costs
    included in the manufacturing overhead includes indirect materials as stated in trade
    payables used in packaging, supplies cleaning, maintenance, manufacturing as well
    as other operations.

    - Indirect labor is another manufacturing overhead consisting of employees who are


    not directly involved in the production of goods namely, security and maintenance
    personnel, accountants, HR manager, sales and marketing manager, and
    administrative assistants. By determining and allocating costs to overhead
    operations and allocating certain costs to the product, Universal Robina Corporation
    is able to determine these indirect labor costs. This entails keeping a record of the
    hours spent laboring by those personnel who are not particularly engaged in the
    production process.
    - Utility costs can sometimes be puzzling to estimate since these vary depending on
    the quantity of products generated. Fossil fuel, electricity, and water are thus
    overhead costs, although they are not steady. Dependent on the consumer demand
    of the goods, the company can require greater or fewer. They are hence changeable
    overhead expenses. These are allocated across the overall product inventory after
    being determined for the entire department. Conclusively, these terms are classified
    to be similar with the definition and examples given based on the discussions in
    class and the application of Universal Robina Corporation’s Annual Report for the
    year 2021 is considered to be a beneficial source of information.

    2) Recommendation
    - S: Improve manufacturing, marketing, and distribution of well-known products in
    order to increase sales recovering from the earnings lost incurred last 2021 due to
    the pandemic.
    - M: Increase in revenue and positive customer feedback must be expected for the
    year 2022.
    - A: Dissemination of sales executives to well-known establishments, managers
    assigned to authorize departments and monitor resources and outflows.
    - R: Planning is significant for recovery and redisposition of goals.
    - T: Completed and achieved goals by the end of 2022 and a well-managed business
    is operational for the next period.

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy