What are some potential problems that a virtual company could have?
Answers: Virtual companies have the same problems as non-virtual companies. The problems depend on the type of company or business.
Here are a list of problems that virtural companies might have to solve.
Finding reliable employees and/or suppliers.
Finding customers.
overcoming competition.
Advertising and generating buzz for their products
dealing with legal issues (contracting, fraud, governmental requirements)
privacy
determining the best price
delivery of service or product to customers
server/network outages and overloads
power outages
interfacing with the customer (customer interface)
mail fraud
payment of goods (e.g. credit cards/pay pal?
security/cyberterrorist
Often these problems are interrelated
Would you rather shop at Safeway or Costco?
Answers: Depends on what for. Cosco is good for bulk items like toilet paper, soaps and all kinds of stuff you want to make last. Safeway is good for just shopping for a week. We go to both along with the military commissary, save lots of money there.
It depends on what I want to buy:
Safeway -- cards, flowers, gum, meat...
Costco -- toilet paper, large-quantity items...
When I go shopping, I go to both :]
Whats the actual industrial overhead?
The Tse Manufacturing Company uses a job-order costing system and applies overhead to jobs using a predetermined overhead rate. The company closes any symmetry in the Manufacturing Overhead reason to Cost of Goods Sold. During the year the company's Finished Goods inventory account be debited for $125,000 and credited for $110,000. The finish balance within the Finished Goods inventory account be $28,000. At the end of the year, engineering overhead was overapplied by $4,500.If the estimated industrial overhead for the year was $24,000, and the applied overhead be $26,500, the actual manufacturing overhead cost for the year be:
a) 19,500
b) 22,000
c) 28,500
d) 31,000
Answers: B