The Average Cost (AVCO) Method of stock valuation allows for the cost of units to be averaged over a period of time‚ making it possible for units issued (sold) to be priced at an average cost. Advantages Disadvantages 1. Makes no assumptions about how the goods are issued. 1. More challenging to calculate 2. Valuation of closing stock will be close to the latest price. 2. A new average must be calculated with every purchase 3. Average price is mainly affected by the amount bought at the
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1. What should be the format and final form of the store manager’s job description? The format noted in figure 4-7 could be a reasonable format to use. Students may recommend that Jennifer include standards of performance section in the job description. This lists the standards the employee is expected to achieve under each of the job description’s main duties and responsibilities‚ and would address the problem of employees not understanding company policies‚ procedures‚ and expectations. In addition
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Final Assessment Question 1 Carey Manufacturing‚ Inc.‚ is considering reorganizing its plant into manufacturing cells. The following estimates have been prepared to evaluate the benefits from the reorganization: Before the change After the change Total annual sales $ 700‚000 $850‚000 Costs as percentage of sales: Direct materials 10% 9% Direct labor 6% 4% Support costs 9% 7% Work-in -process inventory $200‚000 $120‚000 Inventory carrying costs are estimated
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C A S E S T U DY: AU D I Advantages With Measurements: Compuware Ensures Superior Performance of Audi Car Configurator CUSTOMER BUSINESS CHALLENGE INDUSTRY Automotive CHALLENGE Audi wanted to maintain superior performance for its end users‚ while undergoing a major upgrade to its Audi Car Configurator in Spain. SOLUTION Synthetic Monitoring — Web and Mobile R E S U LT S • Detailed overview of load times based on different Internet connections • Regular
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the design is based upon and should follow the general advice given in the applicable Classification Rules. All trials listed here are in addition to those already mentioned in any Shipyard Dock Trial Procedures. 2. Vessel Particulars Name of Ship : RAWABI 11 Yard Number : H 1074 Port of Registry : FUNAFUTI Builder : PT ASL SHIPYARD (INDONESIA) Owner : SWIBER ENGINEERING LIMITED Length (Overall) : 59.85 M Breadth Moulded : 14.95 M Depth : 6.10 M Design
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friend‚ or a stranger‚ pretty much anyone. It just depends on how you think about them compared to the definition of a hero. A hero could be a celebrity‚ mentor‚ or role model‚ but what’s the difference? A celebrity could be a hero because there famous and you have looked up to them since you were young. Your hero could be a mentor; a mentor is a person or friend who guides a less experienced person by building trust and modeling positive
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The Fiscal Ship game is a great way to put fiscal policies to the test. Although it is not extremely accurate nor does it predict the future‚ it allows players to have a visual representation of the impacts fiscal policies can have on the rising national debt. Throughout playing this game‚ I was surprised by the impact of a lot of policies but some of my predictions were also confirmed. But‚ this innovative game lacks in quantitative data to help players better understand the ever changing dynamic
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I constantly thank the Lord for the amazing family he has put me in. My parents have always instilled the “work hard play hard” principle into my sister and I from an early age. We have always been treated with respect from our parents and have been expected it in return. We have always been a close knit family and I tend to think‚ very unique as well. I grew up in a household with two graduate music majors; my mom‚ a violinist and vocalist‚ and my dad‚ a vocalist and all-around musician with a focus
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This is a letter to someone that I am proud to call my mentor. My definition of a mentor is someone you can look up to and try to emulate regardless of the topic. GySgt Alberson is the Marine I have choosen to write about because he leads by example. This Marine though our incounters have been few always left me with new ideas or words to live by. On day back in 2005 the communication’s platoon decided to play ultimate fresibe for fun and leave the invitation open for anyone who wanted to play
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Before the main discussion of the reflective journal‚ the author would firstly like to identify that how the “organisational wellness” subject affected her. In the beginning‚ the author chose this subject due to the reqirement that she must choose six units of third-year level to complete her degreee. And she didn’t have any knowledge about this subject before she decided to choose it. When she attended the first lecture of “organisational wellness” ‚ she only has abstract and vague concept of the
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