Kathy Chou, vice president of sales at HP, has asked Deborah-Anna Reznek (business consultant) and Julie Ward (business optimization) to analyze the post-launch products. Kathy’s priorities are to maximize total revenue and revenue per unit. She provided the data in Exhibit 1 in the case study. Kathy has asked that each product be assigned to one of the following categories: global core product, extended product offering, or candidate for elimination. Also, Kathy has asked for recommendations on how to prioritize products in the portfolio. Classify each product into one of the three categories referenced above. Show your classifications in a table or chart.
Assign a priority to each product in the portfolio. Show your priorities in a table or chart.
Explain the method you used to determine the product priorities.

Insurance companies have internal controls in place to protect assets, monitor the accuracy of accounting records and encourage operational efficiencies and adherence to policies. these internal controls are generally of two types: administrative controls and accounting controls. administrative controls are the policies and procedures that guide the daily actions of employees. accounting controls are the policies and procedures that delineate authorizations of financial transactions that are done, safeguard assets, and provide reports on the company’s financial status in a reliable and timely manner. internal controls should include both preventative and detective controls. the purpose of preventative controls is to stop problems and errors before they occur. detective controls identify problems after they have occurred. preventative controls are usually more effective at reducing problems, but they also tend to be more expensive. internal controls must be flexible to adjust for changes in laws and regulations in addition to adding new products or modifying current ones. companies must also do regular analyses to ensure that the benefits of implementing the controls are worth their costs. when concerned about paying unwarranted insurance claims which type of control would be useful?

Xie company identified the following activities, costs, and activity drivers for 2017. the company manufactures two types of go-karts: deluxe and basic. activity expected costs expected activity handling materials $ 625,000 100,000 parts inspecting product 900,000 1,500 batches processing purchase orders 105,000 700 orders paying suppliers 175,000 500 invoices insuring the factory 300,000 40,000 square feet designing packaging 75,000 2 models required: 1. compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. 2. in january 2017, the deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. assign overhead costs to each model using the single plantwide overhead rate.

Which of the following would be an accurate statement about achieving a balanced budget