Topic 6: Management Accounting and Cost Case: Shelter Partnership a. My main learning outcomes from Topic 6 and the Case Study; 1) Firstly‚ I realize management accounting has much to offer. Somehow I can handle physics but not accounting. Now thanks to this course I can appreciate and make sense of it. The bit that really caught my attention was seeing how management accounting can be really useful for business planning‚ cost management‚ budgeting and performance measurement. It offers
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successful cost reduction programmes In the current economic climate‚ most organisations must face up to a prolonged period of extreme competition and funding restrictions. This is particularly the case if the past few years have been focused on growth‚ service improvement or reorganisation (i.e. cost efficiency has not been a recent priority). Such pressures require an approach that reduces costs in a strategic‚ disciplined‚ and sustainable manner - delivered at pace. In our view serious cost reduction
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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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value or great importance. When we go shopping for an item‚ we want the best item we can find‚ and are usually willing to pay more money for that item in the assumptive expectation that cost assures the item is of higher quality. In general‚ our choices are based on the quality of an item or service regardless of cost‚ within reason. The same holds true as it relates to health care. We all want and deserve the best care when we become consumers of the health care industry ’s services. So‚ how do we
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Classification of teaching methods Teaching is a creative art that teacher has to use many methods which can meet the learner’s needs and the demands of learning situation. There are many methods throughout the history of teaching English. It is suggested‚ however‚ in this essay three common methods‚ namely‚ Grammar-Translation‚ Direct Method and Communicative Language Teaching‚ clarified into two categories: teacher-centered and student-centered. Teacher-centered here just includes Grammar-Translation
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------------------------------------------------- ASSIGNMENT ON COST CONTROL AND COST REDUCTION ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- -------------------------------------------------
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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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and cons of the act as well as my personal opinion on the act. I will analyze the expected effect of the act in terms of cost‚ quality‚ access and services. Lastly‚ I will describe which features of the P.P.A.C.A. will have the biggest effect on our health care system. The Patient Protection & Affordable Care Act (PPACA) is intended to protect consumers‚ lower health care costs‚ hold insurance companies accountable‚ increase the quality of care and provide more choices and improved access to health
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Chemistry Laboratory Report Classification of Chemical Substances Student: Saule Sadykova Lab Partner #1: Temirlan Atambaev Lab Partner #2: Almas Ospanbekov Instructor: Eugene Douglass Nazarbayev University Purpose The aim of this experiment is to investigate the properties of several substances with the purpose of determining whether they are molecular‚ ionic‚ macromolecular or metallic. Introduction Chemical substances could be named ionic‚ molecular or metallic substance‚ based
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manufacturing cost categories. LO2 Distinguish between product costs and period costs and give examples of each. including calculation of the cost of goods sold. LO4 Prepare a schedule of cost of goods manufactured. LO5 Understand the differences between variable costs and fixed costs. LO6 Understand the differences between direct and indirect costs. LO7 Define and give examples of cost classifications used in making decisions: differential costs‚ opportunity costs‚ and sunk costs. LO8
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