users and facility and convenience of operations.An effective facility layout ensures that there is a smooth and steady flow of production material‚ equipment and manpower at minimum cost. Facility layout looks at physical allocation of space for economic activity in the plant. Therefore‚ main objective of the facility layout planning is to design effective workflow as to make equipment and workers more productive. | Facility Layout Objective A model facility layout should be able to provide an
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REVENUE ALLOCATION FORMULA IN NIGERIA INTRODUCTION Prior to the discovery of oil in Nigeria‚ other sectors of the economy thrived. Agriculture‚ for instance‚ was a major source of revenue for the Western Region. The Eastern Region that was less endowed devised other sources of revenue. All this has however changed since the discovery of oil in the country. This has led to the demise of the other productive sectors of the economy. In fact‚ Nigerians are poorer today than they were in the pre-oil boom
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Overhead Allocation [pic] Overhead Allocation Overview In many businesses‚ the cost of overhead is substantially greater than direct costs‚ so the cost accountant must expend considerable attention on the proper method of allocating overhead to inventory. There are two types of overhead‚ which are administrative overhead and manufacturing overhead. Administrative overhead includes those costs not involved in the development or production of goods or services‚ such as the costs of front office
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Allocation and Apportionment of Overheads / Job and Batch costing solution Question 1 (a) Overhead Analysis Sheet Overheads Basis of apportionment Total Machining Assembly Stores Canteen Indirect Wages Number of indirect employees 232000 ( X 232000) ( X 232000) ( X 232000) ( X 232000) 61867 123733 30933 15467 Machinery Maintenance Budgeted machine hours ( X 94000) ( X 94000) 94000 87935 6065 Machinery Insurance Value of machinery ( X 9050) ( X 9050) 9020 6380 2640 Rent
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they are subject to taxes - Target rate of return: 5%+inflation - Change allocation policy when capital markets change or if there are new investment opportunities‚ law changes‚ or risk aversion changes. - Investment committee: 3 board members and 3 non board members - New asset allocation policy: o Reduction in exposure to of the investment portfolio to domestic public equity (31% to 20%) o Increase in allocation to absolute-return strategies (hedge funds-make profit whether market goes
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pancreas‚ and intestines. There are two ways of receiving an organ transplant: from a living human or an organ from a cadaver. Typically when receiving an organ from an living person; relatives are the first line of contact; but‚ that is not always the case. Spouses or close friends frequently donate organs to ailing loved ones. If a person does not have an available living donor or is ineligible for a living donation because of their predicted outcome‚ they are placed into a waiting pool for an organ
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Introduction The purpose of this paper is to answer a few important questions: Why do companies allocate costs? How do companies allocate costs? And how this cost allocation can affect the decision making of the company. It is important for the companies to find the proper method to allocate the costs. Cost allocation is an important issue in many companies because many of the costs associated with designing‚ producing and distributing products and services are not easily identified with the
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The Three Pieces of My Worldview Puzzle I have always known throughout my whole life that I am a Christian‚ but I never actually new just how important it is to have and know my Worldview. I have also known that there were more Worldviews than the Christian Worldview‚ but I never knew how different their beliefs were. I grew up in a Baptist church and about 2 years ago I began exploring the Jehovah’s Witness‚ or JW religion; however‚ I am still part of the Christian Worldview because I believe in
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Multicultural Education: Piecing Together the Puzzle When a child opens his (or her) first puzzle and the pieces fall to the ground‚ it may seem very confusing. What are they to do with this pile of shapes in front of them? It often takes a parent to explain to them that all the different pieces fit together into one whole picture. Although every piece is different and unique‚ when they are all put into their place they form one whole picture. In the same way‚ teachers can teach multiculturalism
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The Puzzle of Emergence The puzzle of emergence is a very controversial and complex‚ scientific puzzle. This concept of emergence has been a baffling topic that has stumped many scientists and philosophers throughout the past centuries. George Henry Lewis was the first theorist to give wisdom to this puzzle in the late 1800s and so have many other theorists after this puzzle was first proposed. The term emergence can be defined differently in both a scientific or philosophical situation. It comes
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