business concept and must never be confused with profit. The contribution of a product refers to how much it contributes to the fixed costs and profit of the business once variable costs have been covered. It can be calculated either per unit of output or in terms of total contribution of all units produced. Contribution ignores fixed costs and only considers any surplus left once variable costs have been subtracted from revenue. Hence‚ contribution is what a product contributes towards the fixed costs
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all made great contributions in the field of philosophy‚ especially about the matter “who should rule?” Socrates was born in Alopece‚ Athens in 40 BC and passed away in 399 BC. Socrates did not write any philosophical text. His‚ life and philosophical; ideas were by his students‚ notably Plato. Therefore‚ our discussion about Socrates life‚ ideas and phrases are purely base on the writings of Plato. Plato was said to have been born in 427 BC and died in 347 BC. He was a student of Socrates and
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O’Dell Holliday Humanities Vol. 1 Ancient Chinese Contributions Ancient China provided a great many inventions and contributions to the world. I will attempt to narrow it down to eight or ten examples. Cast iron was invented between the late 4th century BC and the early 5th century BC (Zhou dynasty). The process was created by melting pig iron. The blast furnace was used for smelting iron ore and coke (a high carbon fuel)‚ charcoal or anthracite (a type of coal). Limestone
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Assess the contribution of functionalist sociologists to our understanding of the role of the education system in society (20) Ferne bryan Functionalism is a structuralized theory which says the individual is less important compared to society. They say we’re a part of a complex system where various parts work together to benefit the whole. E.g. The human body; there are some organs more important than others but they all work together to help the human body function properly. Functionalists say
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income statement is set using a contribution format. The contribution format centers on the idea that each unit sold provides a certain amount of contribution margin that goes to covering fixed costs. In 2004 expenses like distribution and transport (29‚988) and the sales commissions (73‚573) have been reclassified (contribution format) as variable selling costs on page 33 ([104]). 2. Why do you think cost of sales is included in the computation of contribution margin on page 33? Benetton’s
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ARTS DIVINE WORD UNIVERSITY Brain Drain‚ Development and Globalization in Manus Province: Perceptions of Manus students in Divine Word University and Madang Technical College Lisa Punau Bachelor of Arts (PNG Studies) Year Four PG416 Major Research Project i PG416 Major Research Project Brain Drain‚ Development and Globalization in Manus Province: Perceptions of students in Divine Word University and Madang Technical College Lisa Punau Bachelor of Arts (PNG Studies) Year Four
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does it mean to be a native rights crusader? Georges Erasmus made a lifelong contribution to the welfare of the Aboriginal peoples of Canada. As the president of the Dene nation‚ Erasmus pushed for self-government of the First Nations Peoples in Canada. During this time‚ Georges Erasmus rose through the political structure of the Assembly of First Nations. In his service to the AFN‚ Erasmus has made important contributions to the assembly; in particular‚ he gained the support of powerful allies with
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Marcus Mosiah Garvey Jr.‚ born August 17th 1887‚ also known as the "Black Moses" is one of those leaders most people are unaware of. It is a shame because he was a great man and through his actions‚ his beliefs‚ and the man he was he made many contributions to the Harlem Renaissance. Jamaican and US black nationalist leader. In 1914 Marcus Garvey along with Amy Ashwood founded the Universal Negro Improvement Association (UNIA). After moving to the United States in 1916‚ he established branches of
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Government schemes regarding the environment‚ heritage and federal legislation on human rights. He had created himself a legacy which lived on throughout the late years of his life and‚ although he passed away October 2014‚ his contributions will be imprinted
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The Contribution of Enterprise Systems Enterprise systems are also known as enterprise resource planning (ERP) systems. The system is made up of integrated software modules and a common central data base. The key word here is resource. The database collects resource data from the many departments and divisions in a business organization so the organization can have all the data from all of it’s inside sources available instantly. The database collects from suppliers‚ manufactures‚ human resources
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