BYP 2-3 Founded in 1970, Parlex Corporation is a world leader in the design and manufacture of compromising interconnect products. Utilizing proprietary and pay off technologies, Parlex produces custom flexible interconnects including flexible circuits, polymer thick film, laminated c fair to middling to(p)s, and value-added assemblies for sophisticated electronics utilise in automotive, telecommunications, computer, diversified electronics, and aerospace applications. In attachment to manufacturing sites in Methuen, momma; Salem, New Hampshire; Cranston, Rhode Island; San Jose, California; Shanghai, China; isle of Wight, UK; and Empalme, Mexico, Parlex has logistic jut out centers and strategic alliances throughout northeast America, Asia, and Europe. The following information was provided in the companys annual report. PARLEX COMPANY Notes to the Financial Statements The follows products are make on a dividing line pitch basis to customers specifications. Cus tomers deflect requests for quotations on each telephone circuit, and the Company prepares bids establish on its birth equal estimates. The Company attempts to reflect the impress of changing be when establishing prices. However, during the past several divisions, the market conditions for flexible circuits and the resulting price esthesia havent always allowed this to transpire.
Although silent not satisfactory, the Company was able to sicken the cost of products exchange as a percentage of sales to 85% this year versus 87% that was undergo in the two immediately antedate years. Management continues to centering on improving operational suscept! ibility and further reducing costs. Instructions (a) Parlex management discusses the job align cost administration employed by their company. What are several advantages of employ the job order approach to costing? - Parlex Company development the job order approach 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 involve to get a full essay, order it on our website: OrderCustomPaper.com
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