the solution: Question 1 Prepare a new contribution report for February‚ in which: * The static budget column in the contribution report is replaced with a flexible budget column. * The variances in the contribution report are recomputed as the difference between the flexible budget and actual columns. Answer Particulars | Static Budget | Flexible Budget | Actual | Variance | Unit (pounds) | 200000 | 225000 | 225000 | 0 | Revenue | 1600000 | 1800000 | 1777500 | 22500 U |
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father of “Modern Portfolio theory”‚ developed the mean-variance analysis‚ which focuses on creating portfolios of assets that minimizes the variance of returns i.e. risk‚ given a level of desired return‚ or maximizes the returns given a level of risk tolerance. This theory aids the process of portfolio construction by providing a quantitative take on it. It integrates the field of quantitative analysis with portfolio management. Mean variance analysis has found wide applications both inside and outside
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Running Heading: COST ALLOCATION AND VARIANCES Cost Allocation and Variances- Chapter 12 & 13 Text Book Questions Stacey S. Swafford University of Phoenix ACC 561 Dr. Janice Mereba April 23‚ 2010 Chapter 12 Excel Application Exercise 12-59: Allocating Costs Using Direct and Step-Down Methods p. 584 Goal: Create an Excel spreadsheet to allocate costs using the direct method and the step-down method. Use the results to answer questions about your findings. Scenario: Antonio
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5 is held by FIIs. Domestic Banks‚ Public and others. Within a span of 31 years‚ NTPC has emerged as a truly national power company; with power generating facilities in all the major regions of the country. Based on 1998 data‚ carried out by Data monitor UK‚ NTPC is the 6th largest in terms of thermal power generation and the second most efficient in terms of capacity utilization amongst the thermal utilities in the world. NTPC’s core business is engineering‚ construction and operation of power
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BUDGET MANAGEMENT ANALYSIS To have a basis in illustrating the analysis of variance or difference between budgeted and actual figures‚ the budget of a sampled (unknown) company was utilized (http://www.smallbusinessnotes.com/business-finances/budgeting-systems.html). | | | | | | | | |
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Portable Heart Rate Detector Based on Photoplethysmography with Android Programmable Devices for Ubiquitous Health Monitoring System Chi Kin Lao‚ U Kin Che‚ Wei Chen‚ Sio Hang Pun‚ Peng Un Mak‚ Feng Wan‚ and Mang I Vai Abstract—In this paper‚ a miniature portable heart rate detector system is implemented by modern hardware ICs and simple sensor circuit with software executable on both PC and Android platform. The biosignal is first extracted via photoplethysmography (PPG) principle into electric
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Health Care Budget HCS/577 July 27‚ 2015 Professor Michelle Gomillion Health Care Budget Most entities and organization create budgets as a guide for controlling its spending‚ prediction of profit‚ and it expenditure as they progress toward a set goal. Budget involves pulling resources together to achieve a specific goal. According to Gapenski (2006)‚ budgeting is an offshoot in a planning process. A basic managerial accounting tool use in holding planning and control functions together is referred
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It is possible to monitor the development of a child or young person using the following methods: • Standard measurements. This is used to monitor the physical development of a child to ensure they are growing at the expected rate. This is normally carried out by health officials. • Observations. 1. Informal. These are usually carried out on a daily basis during your normal work with the children. This type of observation may not be recorded as you will normally discuss it with the class teacher
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Budgets serve five main purposes; planning‚ facilitating communication and coordination‚ allocating resources‚ controlling profits and operations and evaluating performance and providing incentives. The budgeting process requires both technical and interpersonal leadership skills to achieve each of these purposes effectively. The director’s memo demonstrates several short comings in the budgeting process. The director instituted the “responsibility accounting system” as a means of evaluating performance
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Patton-Fuller Community Hospital Statement of Revenue and Expense 2009 to 2010 Operating Budget Complete the Operating Budget. Assume the 2009 projections were realized. Use the 2009 budget and the 2010 budget assumptions to calculate expenses and income for 2010. The revenues have been completed for you. 2009 (Proj) 2010 Budgeted % Change From 2009 Projection 2010 Budget 2010 Operating Budget Assumptions Revenue Based on these 2009 assumptions: a 3% overall deflation rate for
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