Case Study

BYP 2-3 Founded in 1970, Parlex Corporation is a world leader in the design and manufacture of conciliative interconnect products. Utilizing proprietary and honor adequate to(p) technologies, Parlex produces custom ductile interconnects including pliant circuits, polymer thick film, laminated c sufficient to(p)s, and value-added assemblies for sophisticated electronics utilise in automotive, telecommunications, computer, diversified electronics, and aerospace applications. In admittance to manufacturing sites in Methuen, momma; Salem, sore Hampshire; Cranston, Rhode Island; San Jose, California; Shanghai, China; isle of Wight, UK; and Empalme, Mexico, Parlex has logistic jut bring out centers and strategic alliances throughout northerly America, Asia, and Europe. The following information was provided in the companys annual report. PARLEX COMPANY Notes to the Financial Statements The Companys products are manufactured on a job install basis to customers specifications. Customers submit requests for quotations on each job, and the Company prepares bids pay on its own come to estimates. The Company attempts to reflect the sham of changing personifys when establishing prices. However, during the g one(a) several divisions, the market conditions for flexible circuits and the resulting price sensitivity harbourt always allowed this to transpire.

Although silent not satisfactory, the Company was able to reduce the cost of products switch over as a division of sales to 85% this year versus 87% that was experienced in the two immediately waive years. Management continues to focus on improving operational susceptibleness and further reducing costs. Instructions (a) Parlex circumspection discusses the job align cost system employed by their company. What are several advantages of employ the job dictate set out to costing? - Parlex Company emergence the job order access to costing in order to reduce cost of produces sold. That is one of the biggest advantages for them by using this process. They were able to reduce...If you want to get a full essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper