Costs and Revenues What is cost? If you go to a store and like an item and you want to buy it‚ which of the following questions would you ask: What’s the price of …..? 0R How much does …. cost? Examples of costs – set-up Examples of costs - running Fixed Costs 5000 What happened to the fixed costs if for some reason the company had technical problems and was unable to produce for 2 weeks? What happens if the landlord decided to raise the rent due to high property prices
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Sunday‚ September 12‚ 2010 Bread manufacturing --- Plant installation and manufacturing in India In category of small businesses bakery plants are popular for their high demand products and good returns on the investment .Bread are of various types such as Sandwich bread‚ white bread‚ whole wheat bread‚ brown bread‚ kaboos‚ toast bread‚ roti‚ naan etc. Breads have very short shelf life of three to four days in normal environmental conditions. In some country breads are major staple
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Street Journal. Cost Management and Strategy – refer to your assigned questions and problems Cost Drivers and Basic Cost Concepts -- What is a cost? Define cost pools. What is a cost object? cost assignment? Contrast a direct cost with an indirect cost. Define cost allocation. What is an allocation base? Contrast cost assignment with cost allocation. What is a direct material? Direct labor? Indirect material? Indirect labor? factory overhead? What are conversion costs? Prime costs? What are the
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Difference between Variable & Absorption Costing When it comes to managerial accounting‚ the way that information is presented can affect decision-making for a business. In a manufacturing environment‚ companies can use absorption costing or variable costing when accounting for the costs of products produced. While these methods are similar‚ they have some key differences that can impact the company. Absorption Costing * Absorption costing‚ also known as full costing is a method by
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selecting strategies that yield a long-term competitive advantage. 2. Depreciation is an allocation of a sunk cost. This cost is a past cost and will never differ across alternatives. 3. The salary of the supervisor of an assembly line with excess capacity is an example of an irrelevant future cost for an accept-or-reject decision. 4. Past costs can be used to help predict future costs. 5. Yes. Suppose‚ for example‚ that sufficient materials are on hand for producing a part for two years.
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VARIABLE-RATE PREFERRED STOCK Preferred stock has frequently been issued in connection with mergers and acquisitions. Often the preferred stock is issued with a conversion feature‚ so in the long run there is a probability it will become common stock capital. Preferred stock allows the acquired firm’s owners a prior claim relative to common stock and reasonably definite dividends while simultaneously giving the acquiring firm a form of leverage without strapping it with the rigid obligations of
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Auto biography of a Tree I am a tree‚ tall and imposing‚ standing all alone near the campus of a temple. My life is ever so interesting as‚ I see a huge spectrum of society‚ funny gestures of people‚ and hear all kinds of conversation of the devotees who pass by me. I was not always so huge. As is true of all living beings I was also a long time back‚ a young sapling with this huge tree within me. At that time I looked fresh and beautiful as all other beings who are young‚ but‚ at that time I was
Free Life Meaning of life Tree
Definition and explanation of mixed or semi variable cost: A mixed cost is one that contains both variable and fixed cost elements. Mixed cost is also known as semi variable cost. Examples of mixed costs include electricity and telephone bills. A portion of these expenses are usually consists line rent. Line rent normally is fixed for each month. Variable portion consists units consumed or calls made. The relationship between mixed cost and level of activity can be expressed by the following equation
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Two Variable Inequality MAT 221 11 May 2012 The purpose of this week’s assignment is to determine how many maple rocking chairs the Ozark Furniture Company can make. We will also plot the inequalities of this on a graph. Here is the information and first set of problems for the text: Maple rockers. Ozark Furniture Company can obtain at most 3000 board feet of maple lumber for making its classic and modern maple rocking chairs. A classic maple rocker requires 15 board
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Two Variable Inequalities Melissa Hillard MAT222: Intermediate Algebra (GSQ1331C) Instructor Lisa Wallace August 10‚ 2013 Two Variable Inequalities For this assignment the class was asked to solve problem 68 from page 539 of our textbook Elementary and intermediate algebra (Dugopolski‚ 2012). Problem 68 tells the number of refrigerators and TV’s that will fit inside of an 18 wheeler truck. The class is asked to write an inequality to describe the region of the graph that is shaded in
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