Graduation Speech High School - 1357 Words

When you think of students in college you think of hard homework assignments, long essays with short due dates, the last minute studying for exams and of course the partying that everyone looks forward to when it comes to being in college. Do you ever think about what happens when you don’t do the homework, not turn in the essay on time and do horrible on the exams and party a little too much? When this happens, grades tend to fall and when grades tend to fall it usually means you’re not doing what you’re supposed to be doing, and when you’re paying thousands of dollars for an education most people can’t afford to take college as a game being played. For most students they don’t have a choice but to drop out because of all these outcomes. After high school a lot of kids are satisfied with just having their diplomas in their hand and not going to college to further their education. Then you have the students who want to have the best opportunity for a career that pays well and something they will enjoy doing for the rest of their lives. The sad thing about going to college is that a lot of kids drop out. There is a number of reasons why and what causes students to throw in the towel. You really can’t pin point the main reason because there isn’t one. However, students tend to drop out because of the cost, family situations, and keeping the grades up. One of the main reasons students drop out, is because of the cost of college. College is more and more expensive every singleShow MoreRelatedGraduation Speech : High School934 Words   |  4 Pageslife would be graduation. For many people, graduating from high school is an objective. It takes a lot of time, effort, and determination to accomplish that goal. For others graduation is the end of high school, and the beginning of a new chapter in life. When graduated people feel as if adulthood has begun. In the long run, graduating opens a lot of opportunities for people to thrive. I can almost reminisce the day as if it was yesterday. I was sitting in bed like any other school day. It seemedRead MoreGraduation Speech : High School852 Words   |  4 PagesAccording to a report from Thomas Nelson Community College website, 15.7 percent is the graduation rate in 2010. 84 percent of students failed to receive their degree. That’s beyond sad. College can be difficulty especially with everyday life is getting harder to main family life work and financials. Because college is challenging, I know that I have issues that I must overcome. I told myself the more patient s I have the better success I will have. Although college will be difficult my goal isRead MoreGraduation Speech : High School Essay2254 Words   |  10 Pages The day I graduated from high school The High school graduation day is a life full of journeys for everyone, high school life is a memorable time for most people, for me as well. High school can be filled with lots of good memories for some people and it could be filled with bad memories, for me it was both I had good times and I had bad times. The High school Graduation day should definitely be the best day of your life because that means no more high school, no more having to wake up at 6Read MoreGraduation Speech : High School Graduation854 Words   |  4 Pagesfail High School graduation can be an exciting time in a student’s life. It is a time in their lives where they begin to experience the kind of freedom that comes along with growing up. This freedom allows students to choose the type of college or University they would like to attend. It is necessary that they understand how responsible they need to be with the freedom that is being offered to them. When choosing what college or university to attend it may be tempting to want to go to a school thatRead MoreGraduation Speech : High School Graduation1507 Words   |  7 PagesForest English 1010 9/9/2014 Graduation During our lives, most of us have hated getting up early. Whether we as humans enjoy mornings or not, we’re always looking forward to that unforgettable day. That special is high school graduation for me. Graduation is a ceremony that recognizes students that have excelled through school. Graduation was one of the best days of my life, perhaps even better than the day that I started college. There is no other day like graduation where there comes this feelingRead MoreGraduation Speech : High School Graduation933 Words   |  4 PagesHigh School Graduation With regards to high school graduation, Balfanz, Herzog, and Iver (2007) followed 12,972 Philadelphia students enrolled in traditional middle schools from six grade (1996-1997) until 1 year beyond their expected graduation from high school (2003-2004) in order to understand what indicators would affect their projected graduation date. Unlike many of the early K-8 schools, the population Balfanz et al followed consisted of 64% African American, 19% White, 12% Hispanic,Read MoreGraduation Speech On High School Graduation851 Words   |  4 PagesThere Is No Success Without The Opportunity to Fail High School graduation can be an exciting time in a student’s life. It is a time when they begin to experience the kind of freedom that comes along with growing up. This freedom allows students to choose the type of college or University they would like to attend. It is necessary that they understand how responsible they need to be with the freedom that is being offered to them. When choosing what college or university they would like toRead MoreGraduation Speech : High School997 Words   |  4 Pagesup, I loved going to school and dreamed of one day attending college. Attending school every day and receiving good grades had become my top priority from K-12. I excelled from K-8th grade, but entering into high school was completely different than primary school. The atmosphere and environment was new to me, I was free to roam the halls or walk back out the door without any repercussions. This began my downward spiral in high school. My freshman year was by far the best school year for me becauseRead MoreGraduation Speech : High School897 Words   |  4 PagesHigh school was one of the most challenging moments in my life. Not only did I have to deal with the academic pressures and social issues from my peers I had external factors that were heavily impacting me as well. During my junior year my mom separated from her husband and me and my three little brothe rs ended up staying house to house with close relatives. Shortly after that time at the beginning of my senior year, my mom was sent to prison. In the midst of dealing with all of the demands thatRead MoreGraduation Speech : High School Essay1434 Words   |  6 PagesWhen I was in high school I had one goal, I would graduate top of my class and go to the University of Florida for pre-medicine, then onto their medical school. I never considered that I would want anything else, so I went to a specialty high school that would allow me to specialize in Biomedical sciences(STEM) and never even thought about the possibility of a life other than the one I had so precisely planned out for myself. When my nephews were born my sophomore year all of my priorities changed

I’M Nobody, Who Are You †Emily Dickinson Free Essays

â€Å"I’m Nobody! Who are you? † This poem opens with a literally impossible declaration—that the speaker is â€Å"Nobody. † This nobody-ness, however, quickly comes to mean that she is outside of the public sphere; perhaps, here Dickinson is touching on her own failure to become a published poet, and thus the fact that to most of society, she is â€Å"Nobody. † The speaker does not seem bitter about this—instead she asks the reader, playfully, â€Å"Who are you? ,† and offers us a chance to be in cahoots with her (â€Å"Are you – Nobody – Too? ). We will write a custom essay sample on I’M Nobody, Who Are You – Emily Dickinson or any similar topic only for you Order Now In the next line, she assumes that the answer to this question is yes, and so unites herself with the reader (â€Å"Then there’s a pair of us! †), and her use of exclamation points shows that she is very happy to be a part of this failed couple. Dickinson then shows how oppressive the crowd of somebodies can be, encouraging the reader to keep this a secret (â€Å"Don’t tell! †) because otherwise â€Å"they’d advertise,† and the speaker and her reader would lose their ability to stand apart from the crowd. It then becomes abundantly clear that it is not only preferable to be a â€Å"Nobody,† it is â€Å"dreary† to be a â€Å"Somebody. † These somebodies, these public figures who are so unlike Dickinson, are next compared to frogs, rather pitifully, we can imagine, croaking away to the â€Å"admiring Bog. † These public figures do not even attempt to say anything of importance—all they do is â€Å"tell one’s name,† that is, their own name, over and over, in an attempt to make themselves seem important. This â€Å"admiring Bog† represents those people who allow the public figures to think they are important, the general masses who lift them up. These masses are not even granted the respect of having a sentient being to represent them. Instead, they are something into which one sinks, which takes all individuality away, and has no opinion to speak of, and certainly not one to be respected. How to cite I’M Nobody, Who Are You – Emily Dickinson, Essay examples

Survey Of Factor Influencing Choice Product â€Myassignmenthelp.Com

Question: Discuss About The Survey Of Factor Influencing Choice Product? Answer: Introduction Understanding of cost management system of an organization is important for estimation of the internal management cost for an organization such as Adairs Company. There are various factors that are used in cost estimation and this mostly considers organization characteristics and value chain. Another factor that also plays a critical role in price estimation is the operational processes that add the overhead cost to each product. With this respect, there are two commonly used costing methods and these are traditional and activity-based costing. Traditional costing method involves estimation of overhead cost based on the volume of product produced. Activity-based costing takes into account all the activities that attribute the cost of products when estimating indirect cost on the product. Well, these two cost calculation methods have both benefits to the business and disadvantages (Hansen Mowen, 2006). The main focus of this report is exploring the cost management system as applied i n calculating the cost of production of Adairs Company. Value chain analysis When looking at the company's value chain it is important to explore the various aspects of the company starting from the product acquisition to the sales. This, of course, takes into account the characteristics of the company and other operational processes leading to the availability of the product. Characteristic of Adairs Company Adairs Company is an independent retail store that deals in homeware and home furnishings. The company has both online and in-house stores where it sells its many products. The companys head office is situated in Victorias Scoresby. The company has also expanded its product range to include other furniture that the company did not sell. By this, the retailer has diversified its products also to consist of general homeware and children ware. This has also led to the formation of another product portfolio called giftware that generally consists of various gifts (Adairs Retail Group, 2017a). Sources of the products sold at Adairs Company The value chain for Adairs is complex and in order to understand the value chain, it is good to explore sources of the products. Adairs Company value chain can be described as consisting of operations, organization characteristics, and actual products, marketing and sales and after sale services. The products that are sold within the Adirs are acquired from manufacturers such as Abode Living at a price before it is transported to a warehouse for the company (Abode Living, 2017). For instance, Abode Living is good at manufacturing better and quality bed linen. These products are purchased by the company and sold in its many stores including an online shop. The company deals in homewares that include bedroom products, bathroom products and other home products such as beddings, soft furnishing, children furnishing and furniture. The organization sells has recently started selling furniture that is part of bedroom furnishing and occasionally other general furniture. The store retails in bedroom products such as sheets, pillows, mattress covers and many other bedroom products. The company also sells bathroom products such as towels, bath mats, laundry products and robes. In addition, the retailer also sells giftware such as gift cards, home fragrances (Adirs Company, 2017b). Operations Adairs Company has categories its operation into product design, development, sourcing, and distribution and retail operations. Firstly, product design is consist of the branding of the products so that it forms the major brands of the company. Over 90% of products sold by the company is sold in companys private brand with only less than 10% sold under third-party national brands. Secondly, retail operation consist of over 130 stores spreads throughout Australia. These stores are under the name of Adairs, Adairs Kids, Adairs homemaker, Adairs Outlets, and UHR. Within these stores, products are displayed with the intention of selling to any customer interested. Thirdly, Adairs also has an online store that offers the display for all products that are sold to the company. The distribution of the products to various Adairs outlets is done through the distribution department and also ship the products to any customer especially those customers that purchase a product through the online s hop. Other operations include online shop maintenance and inventory management. These operations take into consideration various platforms that the company uses to market and sells its products (Adirs Company, 2017b). Marketing and sales The organization markets their products through various avenues that include an online shop, social media, and online website. Social media is one place that the organization exploits for advertising its products for many online users with Australia and beyond. Moreover, the retailer uses its fully equipped website to market its product which is also connected to the online shop. The company has an online shop where the company sells its many products with the ability to do online payment. The company has in-house stores spread in places such as Victoria, Northern Territory, New South Wales, Queensland, Western Australia and South Australia (Bloomberg, 2017). Activity Based Costing Activity-based costing is one of the cost-calculating methods that is used by manufacturers to estimate the cost of item produced within an organization. Activity-based costing (ABC) involves the determination of the cost of every activity used in the manufacturing of an item and therefore determines the cost of an item manufactured based on the cost of every activity used in production. This implies that when using the activity-based costing method in assigning of the cost of the product, the cost of the product is the cost assigned to a particular activity used in production (Cleland, 2004). Activity-based costing and traditional costing method Activity-based costing method differs significantly from the traditional cost calculation method. Activity-based costing allocate price based on the cost of activities involved in the production of an item and this differs from traditional costing method that pre-estimate the overhead cost based on the volume of cost drivers. Traditional costing method uses cost drivers such as machine hours or direct labor that causes the cost to incur and this differs from activity-based costing that uses the cost of activity involved in the production to allocate the cost of item produced (Barrett, 2005). Traditional costing aligns to the generally accepted accounting principles and therefore easy to implement as compared to activity-based costing. One disadvantage of the traditional costing method is the traditional costing may negate other cost drivers when calculating the cost of an item (Hansen Mowen, 2006). Benefits of using Activity Based Costing in Adairs Company When ABC is applied in calculating the cost of products of Adairs, there are some benefits that can be realized within the organization. Firstly, ABC offers accuracy when determining the cost of various items sold within the organization. For instance, Adairs have branches spread across the Australia and using ABC as cost calculating methods enable the organization to accurately determine the cost due to distribution as an activity. This ensures there is no loss when selling items within branches of the organization. Secondly, ABC method ensures that there are no irrelevant costing when determining the cost of an item. The method allows the true cost calculation with minimal overestimation of cost. Thirdly, ABC costing method ensures the Adairs management understands the overhead cost which is very important for estimating internal management cost (Velmurugan, 2010). Disadvantages of using Activity Based Costing in Adairs There are also some disadvantages of using the ABC costing method in calculating the cost of homeware sold at Adairs. Firstly, the implementation of the costing method itself requires many resources to be in place to ensure that the costs of various activities that are used in the production of items are allocated. For instance, when estimating the cost of pillow that is transported from Sydney to New South Wales will require the management of the company to estimate the cost of various activities and this requires resources to calculate. Secondly, interpreting the costing method is sometimes difficult for users. This is also common in online Adairs shopping since customers see the cost of items as overpriced though the cost takes into consideration all activities involved. This can, therefore, drive away customers who feel that the price estimated is high as compared to other companies (Friedman Lyne, 2013). Presentation of product costing system Adairs Company has three product categories and these are bedroom products, bathroom products, and giftware. Direct and indirect costs associated with the product category Looking at the product categories for the organization, there are both direct and indirect costs that are associated with the product. Some of the direct costs that are associated with products are acquisition cost, distribution cost, labor cost, marketing cost, operation cost and after sale services. The direct cost includes the cost of acquiring the products from Abode Living (Hansen Mowen, 2006). The products that are sold within the organization are acquired from manufacturers such as Abode Living at a price before it is transported to a warehouse for the company. Products are then taken through various value addition activities that add cost to the products. Another cost is the distribution cost that often results from moving these products from the warehouse in Victoria to another warehouse in Sydney. Labor cost though is part of operation cost can also fall on independent indirect cost. Operation cost is another indirect cost that includes all the cost that is incurred for ma nagement and maintenance of both facilities and various operational processes within the business. Operation cost is also added to the cost of items especially when calculating item cost based on ABC costing method (Kaplan Anderson, 2004). Identify the relevant activity cost pools The activity cost pool within the costing of the organization at the manufacturing is divided into the design; manufacturing and finishing while at the operation process is divided into product classification and product price estimation, product distribution and product marketing sales. The manufacturing activity cost pool is often not considered since the company purchase product after the price has been set and only activity cost pool within the company is often considered (Larson Kerr, 2007). Within the company, the first division of the product activity cost pool is product acquisition and is followed by the product classification into bedroom ware, bathroom ware or gifting ware. Secondly, price estimation is another activity cost pool that brings nearly all department together to determine the cost of a single item that will be used for the final consumer. Thirdly, distribution of these products to various company branches spread throughout Australia. This also consists of ve ry many activities each bearing cost that is transferred to the overall product cost (Leahy, 2004). Finally, marketing and sales are the last activity cost pool that is also used in calculating the cost of a single item. This includes activities such as advertising, personal selling, online shopping and after sale services. Being the final product cost pool, the marketing also factors in the after sale activities that influence the cost of the product (Maher Rahan, 2005). Cost drivers for activity cost pool Each activity cost pool has many drivers that are used to allocate cost to a product. Firstly, product acquisition has drivers such as units of the product, quality; type and size of the product purchased are some drivers that are used to determine the cost of each item. Another cost driver within this activity cost pool is labor and machine maintenance as this two drivers are part of the process (Meelah Ibraham, 2007). Secondly, product classification has drivers such as labor, number of units and equipment used in the process. Since price estimation is also classification cost pool, this activity cost pool has drivers such as labor and equipment. Fourthly, distribution has drivers such as transportation, labor, equipment, and carriers. Distribution also includes the machines that are used to load and offloading products into the tracks that mostly charge in terms of hours used. Finally, marketing has drivers such as labor, equipment, and information system and facility maintenance . The labor within this activity cost pool includes personal selling and advertisement labor charges (Blocher Juras, 2016). Cost hierarchy It is important to classify activity cost pool for Adairs Company in unit, batch, product or facility activity cost pool. Firstly, acquisition of the products from the manufacturer is product activity cost pool. The system that is used by the company can take any form since the acquisition of products though are made from another manufacturer, the product manufacturing can also be factored into the system at unit hierarchy (Omiri Drury 2007). Within this cost pool, there are activities such as stocktaking, determination of the number of products purchased and this also involves many different machines. Secondly, classification of these products within the company warehouse is facility activity cost pool. This is due to the operational processes that are performed on the product during classification (Sandison, Hansen Torok, 2003). For instance, at the classification stage is where products are also branded to add value to the product. Thirdly, marketing and sales are classified int o unit activity cost pool since it only considers the number of units that are sold. The marketing as activity cost pool is concerned with the number of units that are purchased. Moreover, at the marketing, the department is also conversant with the number of units that are available for sale at various branches throughout the Australia. Fourthly, distribution is classified as product activity cost pool since it mainly focuses on the cost of moving product from one place to another (Rad, 2002). Product Costing When using the ABC costing method, there are many things to consider. The data that is used to calculate the cost of products sold at Adairs factor in units produced and sold, sales revenue and direct cost (Krumwiede, 1998). When calculating the cost direct and indirect cost of various activities in the Adairs is used to estimate the cost of items. In addition, cost pool activities provide the basis for calculating the cost of all activities that are tied to indirect operational cost especially at manufacturing of the product or general cost estimation of products in Adairs. Calculation of direct cost that is associated with the product at the Adairs is as shown below using two products which are Mattress topper and Spot Flannelette (Adirs Company, 2017a). This can be summarized in a table as shown below Table 1 Product Compared Mattress topper Spot Flannelette Total Units produced and sold 1100 2030 3133 Selling price per unit $96.89 $18.99 Direct labor cost per unit $ 2.5 $ 1.5 Direct materials cost per unit $ 3.50 $ 3.0 Sales revenue $ 106579 $ 38549.70 $ 145128.70 Direct cost Direct labor cost $ 27500 $ 3045 $ 30545 Direct material $ 3850 $ 6090 $ 9940 Total direct cost $ 31350 $ 9135 $ 40485 Indirect costs are calculated based on the activity cost pool for various operational activities. To estimate the cost associated with different activity pools, the organizations operational processes are divided in different activity cost pool. This is then used to calculate the cost that is allocated to activity-based cost for these products sold within the organization. At this stage of ABC costing method, cost drivers are also factored in as they play a critical role in the calculation of activity cost pool (Allott, 2004). Mattress topper activity unit pools and cost drivers Table 2 Activity pool Cost driver/ activity unit Cost driver/ unit cost Total activity Mattress topper Total indirect Product acquisition Units purchased 1100 100 $ 110000 Product classification No of products classified 2 70 140 Machine maintenance No of batch runs 800 50 $ 40000 Distribution The unit distributed 100 $ 1000 $ 100000 Total The same method is also used to calculate the indirect cost for the second product sold at Adairs. Most of the operational activities that are used in the calculation of the cost due to activities performed on a Spot Flannelette are the same except for the units and the price due to units (Horngren Foster, 2003). Spot Flannelette activity units pools and cost drivers Table 3 Activity pool Cost driver/ activity unit Cost driver/ unit cost Total activity Spot Flannelette Total indirect Product acquisition Units purchased 1100 100 $110000 Product classification No of products classified 2 70 $140 Machine maintenance No of batch runs 800 80 $ 64000 Distribution The unit distributed 200 $ 1000 $ 200000 Total 374140 Another step in the determination of cost assign to an item is also the determination of cost per product. When calculating the cost of each product of the organization the activity cost pool is divided by the number of each unit produced within the organization. This, of course, considers the number of unit visa vie the activity cost pool that is part of the production of that product. This is referred to the cost allocation at the product level in ABC costing calculation (Barrett, 2005b). Activity pool Total indirect cost for Mattress topper Cost for each product unit for Mattress topper Total cost/ unit Spot Flannelette Cost/ unit Spot flannelette Total indirect cost Product acquisition $ 110000 $ 2 $ 110000 $ 10 $ 110 Product classification $ 140 $ 7 $ 140 $ 2 $ 70 Machine maintenance $ 40000 $ 4 $ 64000 $ 8 $ 800 Distribution $ 100000 $ 10 $ 200000 $ 20 $ 200 Total $ 250140 $ 23 $ 374140 $ 40 $ 1180 Finding the overhead cost when using ABC costing calculation takes into consideration gross profit and gross margin. This also used to estimate the revenue per unit of the product that is sold at the facility of Adairs (Horngren, George Srikant, 2005). With this cost calculation, the total product cost per unit of the two products of Adairs corresponds to each product cost of the indirect drivers when calculating the product cost based on traditional cost method. Calculating profitability Calculation profitability of each product, the summation of total unit produced and sold will give the total number of product unit that is available for sales within a trading period. Direct cost for each unit is given by total direct cost divided by units produced and sold within this period of time for the two products (The Value Creation Group, 2008). Overhead cost for each unit, on the other hand, required the division of total overhead cost by a total number of each product that was available and sold. Therefore, gross profit for each product is calculated by subtracting direct cost for each product from revenue for each product. Finally, the profit margin is given by dividing gross profit for each unit by revenue from each product (Mocciaro, Picone Min, 2012). Conclusion In conclusion, the Adairs Company product value chain includes product acquisition from Abode Living and performing various activities that provide the basis of calculating the cost of a single product. The product value chain for the organization is divided into several activities oriented stages that form activity cost pool. Within this activity cost pool, there are both direct and indirect cost drivers. This offers an avenue for calculating the cost of the product based on either traditional or activity-based costing. When using activity-based costing, the method takes into consideration various cost pools when estimating product cost. Adairs company value chain is divided into product acquisition, classification, distribution, marketing, and sale. At each stage, the cost is incurred on the product until it reaches the final consumer either through its online shop or in-house premises. Reference Abode Living, (2017), The Abode Living Family: Company History. Accessible at: https://www.abodeliving.com/about-us.html Adairs Retail Group, (2017a), accessible at https://www.adairs.com.au/ Adirs Company, (2017b), Company overview: Investor Site, accessible at https://investors.adairs.com.au/investors/?page=company-overview Allott, A. (2004), Activity-Based Management can work for your company CIMA Insight. January 2004. Barrett, R. (2005a), How ABC can make shared services work. CIMA Insight March 2005. Available from: www.cimaglobal.com/insight Barrett, R. (2005b), Get a better view of business with activity-based costing. CIMA Insight, February 2005. Available from: www.cimaglobal.com/insight Accessed 4 Blocher, S. Juras C. (2016), Cost Management - A Strategic Emphasis, 7th Edition, McGraw-Hill 2016. Bloomberg, L.P (2017), Company Overview of Adairs Retail Group Pty Ltd, accessible at https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=39196484 Cleland, K. (2004), As easy as CBA? 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(2012), Bringing Strategy Back into Financial Systems of Performance Measurement: Integrating EVA and PBC, Business System Review, Vol. 1, Issue 1. pp.85-102 Omiri, M., Drury (2007), A survey of factors influencing the choice of product costing systems in UK organizations. Management Accounting Research, 18, 399424. Rad, P.F. (2002), Project Estimating and Cost Management. Management Concepts. Sandison, D., Hansen, S.C. Torok, R.G. (2003), Activity-based planning and budgeting: a new approach. Journal of Cost Management, March/April 2003, pp 16-22 The Value Creation Group, (2008), Activity Based Costing Gateway site on Activity Based Costing. Available from: https://digbig.com/4xtmg [Accessed 4 November 2008] Velmurugan, M.S. (2010), The Success And Failure of Activity-Based Costing Systems. Journal of Performance Management 23.2 (2010): 3-33. Business Source Complete. Web. 15 Mar. 2012.