Topic: Media activity

Now you are employed as the public relations officer of an information technology company. The company is going to promote a new product at early in November 2020. Being the PR officer, your assignment is to propose a press conference for the promotion of the new product at the end of October 2020.

Your assignment should include:

1. Introduction/background of the company (under 100 words)
2. Brief description of the new product with news value (under 70 words)
3. Illustration of the press conference including the objectives, target audiences and the three stages from preparation to after the event. (about 730 words in essay forms)
4. Conclusion (under 100 words)
5. (Whatever the product is, it must be new and technological)

Dale plc is a UK company which has the Pound Sterling as its functional currency. The company has the following transactions in Euros during the year to 31 December 2010 – the financial years is from 1 January-31 December

1 October 2010- Inventory costing 50,000 Euros purchased on credit from Y

1 November 2010- Equipment costing 200,000 Euros purchased on credit from X and signed a note payable

30 November 2010-Paid Y 30,000 Euros on account for the inventory bought on 1 October

15 December 2010- Paid X 150,000 Euros for the equipment purchased on 1 November.

Exchange rates may be assumed as follows:

1 October 2010- 1 Pound= 3.0 Euro

1 November 2010- 1 Pound = 2.80 Euro

30 November 2010- 1 Pound= 2.50 Euro

15 December 2010- 1 Pound= 2.40 Euro

31 December 2010- 1 Pound = 2.20 Euro

Required:

1. Record the journal entries for the transactions above
2. Record the entries at the reporting date 31 December 2010

Based on the entries above also, find

1. The exchange/gain loss recognized in the books of Dale on 30 November 2010
2. The exchange/gain loss recognized in the books of Dale on 15 December 2010
3. The exchange gain/loss on retranslating the monetary liability Accounts Payable for Y on the reporting date of 31 December 2010
4. The exchange gain/loss on retranslating the monetary liability Note Payable for X on the reporting date of 31 December 2010
5. The exchange gain/loss on retranslating all the monetary items on the reporting date of 31 December 2010
6. The Total exchange gain/loss that is reported in the income statement of Dale Plc Company for year ended 31 December 2010

Innovation often involves a temporary monopoly before it is copied by others. You’ll know from studying microeconomics that monopolyinvolves a deadweight loss in terms of social welfare. Why then might governments not look on temporary monopoly as a problem when it is associated with innovation?

SPRINT , Inc., manufactures athletic shoes and athletic clothing for both amateur and professional athletes. The company has two product lines (clothing and shoes), which are produced in separate manufacturing facilities; however, both manufacturing facilities share the same support services for information technology and human resources. The following shows total costs for each manufacturing facility and for each support department.

The total costs of the support departments (IT and HR) are allocated to the production departments (clothing and shoes) based on the following Data and  bases, as below:

Information technology:     Number of IT labor hours worked by department

Human resources:             Number of employees supported by department

Required

1. Allocate the cost of the support department (of information technology and human resources) to the operating department (clothing and shoes using (a) the direct method, (b) the step-down method (allocate information technology first), (c) the reciprocal method?

2. Assume that all of the work of the IT department could be outsourced to an independent company for $97.50 per hour. If Spirit Training no longer operated its own IT department, 30% of the costs of the IT department could be eliminated. Should Spirit outsource its IT services?

Question: SPRINT , Inc., manufactures athletic shoes and athletic clothing for both amateur and professional athletes. The company has two product lines (clothing and shoes), which are produced in separate manufacturing facilities; however, both manufacturing facilities share the same support services for information technology and human resources. The following shows total costs for each manufacturing facility and for each support department.

Total Costs by Department (in thousands)

Information technology (IT) $ 2,000

Human resources (HR) 1,000

Clothing $10,000

Shoes $8,000

Total costs $24,000

The total costs of the support departments (IT and HR) are allocated to the production departments (clothing and shoes) based on the following Data and bases, as below:

Information technology: Number of IT labor hours worked by department

Human resources: Number of employees supported by department

Department IT Hours Used Number of Employees

Clothing 5,000 120

Shoes 3,000 40

Information technology - 40

Human resources 2,000 -

Required

1. Allocate the cost of the support department (of information technology and human resources) to the operating department (clothing and shoes using (a) the direct method, (b) the step-down method (allocate information technology first), (c) the reciprocal method?

2. Assume that all of the work of the IT department could be outsourced to an independent company for $97.50 per hour. If Spirit Training no longer operated its own IT department, 30% of the costs of the IT department could be eliminated. Should Spirit outsource its IT services?

In the GE model, business position shows how well an organization is positioned to capture market opportunities by answering all of the following questions EXCEPT _______.

Group of answer choices

Can manufacturing costs be held down below those of the competition?

Is there a lack of government regulation?

Does the firm have the technology needed to penetrate the market?

Are its financial resources adequate?

CHO Company was formed on December 1, 2009. The following information is available from Jones's inventory record for Product X.

                                                                                                               Units        Unit Cost

            January 1, 2010 (beginning inventory)                                      1,600             $18.00

            Purchases:

                  January 5, 2010                                                                    2,600             $20.00

                  January 25, 2010                                                                  2,400             $21.00

                  February 16, 2010                                                                1,000             $22.00

                  March 15, 2010                                                                    1,800             $23.00

A physical inventory on March 31, 2010, shows 2,500 units on hand.

Prepare schedules to compute the ending inventory at March 31, 2010, using Weighted-average

CHO Company was formed on December 1, 2009. The following information is available from Jones's inventory record for Product X.

                                                                                                                    Units       Unit Cost

             January 1, 2010 (beginning inventory)                                       1,600     $18.00

             Purchases:

                   January 5, 2010                                                                      2,600     $20.00

                   January 25, 2010                                                                    2,400     $21.00

                   February 16, 2010                                                                  1,000     $22.00

                   March 15, 2010                                                                      1,800     $23.00

A physical inventory on March 31, 2010, shows 2,500 units on hand.

Prepare schedules to compute the ending inventory at March 31, 2010, using Weighted-average.

What evidence indicates that colonists continued to think of themselves as British subjects throughout this era? What evidence suggests that colonists were beginning to forge a separate, collective “American” identity? How would you explain this shift?