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Can you get a credit score of 900?

Higher FICO® score ranges can suggest that you might be less risky to lenders; they can range from 300 to 850 or 250 to 900, depending on the scoring model.

Credit Karma: Is it reliable?

Your credit information as reported by those bureaus should be appropriately reflected in your credit scores and reports on Credit Karma. This has two implications: We don't just provide you estimates of your credit score; the numbers we give you are genuine credit scores obtained from two of the biggest consumer credit bureaus.

How do you figure out the price per man-hour?

For instance, the overtime rate is $15 per hour if regular earnings are $10 per hour for 8 hours and extra is paid at "time-and-a-half." Twenty percent of your 2,900 man hours are overtime. As a result, the price of the project's man hours is equal to (30,900) = (2,220 by 10) + (580 by 15).

What alternative do I have to man hours?

I would like to use staff hours or work hours, but you may also use the less elegant person hours.

What does 5S cost?

The five steps of this process are referred to as 5S: Sort, Set in Order, Shine, Standardize, and Sustain. These actions entail going through each item in a room, determining what is essential and what isn't, organizing the space, cleaning, and establishing procedures for carrying out these duties on a regular basis.

How is MC determined?

By dividing the change in total cost by the change in quantity, marginal cost is obtained. Let's imagine that Company A is spending $100 to produce 100 units. The company then creates 100 more units for an extra $90. Therefore, the marginal cost would be the $90 change in total cost.

What is the typical costing system's weakness?

Traditional costing methods are flawed because they rely on arbitrary overhead allocation rather than cause-and-effect analysis, are unable to provide accurate product costs in businesses that produce a variety of goods, and do not analyze non-manufacturing expenditures.

What are the ABC costing's restrictions?

The inability to split some overhead expenses, such the chief executive's compensation, according to the utilization of each product is one of ABC's biggest drawbacks. (1) If the overhead expenses are mostly volume-related or if the overhead represents a tiny fraction of the total cost, ABC will be of limited benefit.

Why do businesses still employ traditional costing?

The optimal time to use traditional costing is when a company's overhead is minimal in comparison to its direct expenses of production. When the production volume is high, it provides reasonably accurate cost numbers, and variations in overhead expenses do not significantly affect the calculation of production costs.

How is a cost pool constructed?

You must first determine how much overhead the company incurred during the period you are measuring in order to establish cost pools for your costing strategy. Then, you would categorize the activities into cost pools that were related to the quantity of overhead.