40‚000 | | 100‚000 | | 404 | | | | 20‚000 | 20‚000 | 40‚000 | | 405 | | | | | 20‚000 | 20‚000 | | Total | 90‚000 | 120‚000 | 90‚000 | 60‚000 | 40‚000 | 400‚000 | 2 Physical Measures Method | Produced | Proportion | Joint Cost Allocation | Unit Cost | 401 | 90‚000 | (90‚000/400‚000)0.225 or 22.5% | (200‚000 x 0.225)45‚000 | (45‚000/90‚000)0.5 | 402 | 120‚000 | (120‚000/400‚000)0.3 or 30% | (200‚000 x 0.3)60‚000 | (60‚000/120‚000)0.5 | 403 | 90‚000 | (90‚000/400‚000)0.225 or 22.5%
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Coach Boone and Leadership It’s surprisingly easy to comment on Coach Boone’s leadership in the film Remember the Titans and for a very good reason too. Coach Boone loved his team and led them well. If someone who hasn’t seen the movie doesn’t know who Coach Boone is‚ he is the head captain of the newly integrated football team. He‚ through the course of the season‚ leads his team‚ the Titans‚ into a season where they were unbeatable. That fact alone would be amazing‚ but the fact he did all this
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INTERNATIONAL B-SCHOOL SUBJECT: FINANCIAL & COST ACCOUNTING Total Marks: 80 N.B.: 1)Allquestionsarecompulsory 2) All questions carry equal marks. Q1) ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In addition‚ ABC Ltd will have to incur costs of Rs 1.50 per unit for freight and Rs 10‚000
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1. The chief economist for Argus Corporation‚ a large appliance manufacturer‚ estimated the firm’s short-run cost function for vacuum cleaners using an average variable cost function of the form. AVC= a + bQ+ cQ^2 (the 2 is suppose to be exponent) Where AVC=dollars per vacuum cleaner and Q=number of vacuum cleaners produced each month. Total fixed cost each month is $180‚000. The following results were obtained: Dependent Variable:AVC R-Square
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5 / ¼.5= .67%/ 22%= 3.05 Ch 22 #7 1. Key Question A firm has fixed costs of $60 and variable costs as indicated in the table on the following page. Complete the table and check your calculations by referring to question 4 at the end of Chapter 23. 1. Graph total fixed cost‚ total variable cost‚ and total cost. Explain how the law of diminishing returns influences the shapes of the variable-cost and total-cost curves Graph AFC‚ AVC‚ ATC‚ and MC. Explain the derivation and shape of each
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fixed costs into variable costs When you outsource you only pay for the products that you use. Instead of have fixed cost of stuff that aren’t being used to produce anything but still require you to produce them in order to be ready for your production process. Example when Ford own a steel mil it had the fix cost of the steel mil now that they don’t produce steel the they have the variable cost of buy steel when they need it. Need a little more about what are fixed vs. variable costs E. Commercially
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COST CONCEPTS AND COST ACCOUNTING By: Aman Jawahar Sarika Deepak Muneer CONTENTS Concept of Cost Cost Accounting Terms in Cost Accounting Elements of Cost Meaning of Overheads Classification of Costs Methods of Costing Types of Costing MEANING: Cost Concept: The term ‘cost’ means the amount of expenses [actual or notional] incurred on or attributable to specified thing or activity. Cost means ‘the price paid for something’. Cost Accounting: Cost Accounting is concerned with recording
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database of historical point-of-sale and promotions data‚ integrated with real-time data from social media and weather forecasts‚ to predict daily demand by store and optimize assortments and promotions in order to maximize sales and profitability. Tesco systematically integrates analytics and consumer insights to build a sustainable competitive advantage. By analyzing data from its Club card loyalty program (which comprises more
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Generally‚ the term cost of production refers to the ‘money expenses’ incurred in the production of a commodity. But money expenses are not the only expenses incurred on the production of a commodity. There are number of services and inputs such as entrepreneurship‚ land‚ capital etc.‚ which are offered by an entrepreneur without changing any price or receiving any payment for them. While computing the total cost of production‚ allowance should be made for such expenses. It is therefore essential
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I would like the committee to be aware of what I believe to be my three strongest qualities: my leadership skills‚ ability to work well in a team‚ and unwavering perseverance. My involvement in shadowing‚ volunteering‚ working and being a leader never affected my ability to succeed in my academic career. Instead‚ these opportunities motivated me to work harder at my dream of becoming a PA. For this reason‚ I was able to graduate at the top of my class as Magna Cum Laude with a 3.82 GPA. These opportunities
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