Cost and Variance Analysis. At the beginning of 2011‚ Jejemon Corporation adopted the following standards: Direct Materials (3 lbs. @ P2.50 / lb) P 7.50 Direct Labor (5 hours @ P7.50 / hr) 37.50 Factory Overhead: Variable (P3.00 per direct labor hour) 15.00 Fixed (P4.00 per direct labor hour) 20.00 Standard Cost per unit P 80.00 Normal volume per month is 40‚000 standard labor hours. Jejemon’s january budget was based on normal volume. During January Jejemon’s produced
Premium Normal distribution Variance Cost accounting
BUSINESS STANDARD A PROJECT REPORT ON MARKET PENETRATION STRATEGY & SURVEY OF POTENTIAL CONSUMER PROJECT GUIDE -: MR. KUNAL PANCHAL FOR THE PARTIAL FULFILLMENT OF MASTER IN BUSINESS ADMINISTRATION SUBMITTED BY: ANAND SINGH (99) RAGHUVIRSINH SOLANKI (101) SUBMITTED TO S.K.PATEL INSTITUTE OF MANAGEMENT AND COMPUTER STUDIES. (S.K.P.I.M.C.S.) GANDHINAGAR‚ INDIA JULY-2006 1 ACKNOWLEDGEMENT Writing a dissertation can never be the work of any one person. It includes co-operation & efforts
Premium Newspaper Management Business school
The homosexual movement began to drastically increase in the early 1980s. With this came a strong back lash from those that felt homosexual equality would ruin America. Jerry Falwell‚ a white‚ male‚ conservative‚ and Christian‚ was one of the leaders of this backlash. This article significantly shows the two very different beliefs in America‚ and the intensity with which people believed in their side. There were protests and pushes for equality for from new liberals‚ and a push for equality only
Premium Homosexuality Sexual orientation LGBT
I believe that it is important to have one strong set of behavioral standards in your life. These standards should be something that you deeply believe in and are willing to stand up for. The reason that I do not think one should have many behavioral standards is because if you are constantly changing your standards for different situations than what is it that you truly believe. Having one firm set of behavioral standards will allow one to stay true to what they believe and others will know where
Premium Management Leadership Fiedler contingency model
CHRONOLOGY 1880 1947 1885 Founding of Indian National Congress (INC); moderate phase of Nationalism 1890s Dissension Movement 1893 Cow Protection Movement 1905 Partition of Bengal on 10th October; swadeshi ’ (own country) movement boycotts foreign products; radical nationalism; British suppression of leaders 1906 Foundation of All India Muslim League (AML) 1907 Split in Congress at Surat session 1908 Morely-Minto Reforms modest political reforms giving Indians slightly more representation
Premium Indian independence movement India Mohandas Karamchand Gandhi
Question 1 Critically evaluate the need for accounting standards and the need for a set of principles on which they are based. Accounting Standards Accounting standards contain a set of rules and governing practices for the treatment of all financial transactions. The main objective of accounting standards is to establish recognition‚ measurement‚ presentation and disclosure requirements dealing with financial transactions and key events which are important in the financial statements of companies
Premium International Financial Reporting Standards Financial statements
Professional Writing Standards Critical Thinking CRITERIA • • • • Audience Purpose Context Frame Strategic approach Logic and Reasoning • • • • Logical units of discourse Claim or assertion Idea unity and integrity Supporting evidence Structural Coherence • • • • Coherent “whole” Internal logic Section unity & integrity Transitions Language use Information Design • • • Format and channel Visual design Readability/accessibility Professionalism Error interference
Free Critical thinking Logic
How would International Financial Reporting Standards affect the quality of Canadian accounting information? LIMING TONG INTRODUCTION Globalization has a great impact on today’s economy. The differences of accounting regulations and practices in various countries have become a noteworthy obstacle to globalization and economic development. International Financial Reporting Standards (IFRS) mitigates global business barriers. In order to adapt to the increasingly global business environment
Premium International Financial Reporting Standards Financial statements Generally Accepted Accounting Principles
Objectives: ← To understand the meaning of standard costing‚ its meaning and definition ← To learn its advantages and limitations ← To learn how to set of standards and determinations ← To learn how to revise standards Introduction: Standard costing is a very practical and therefore widely used costing system‚ in businesses that make a range of products which‚ although different‚ pass through standard and repetitive processes and machinery. Standard cost is the estimated cost of material
Premium Cost accounting Costs Cost
Case 3-6 Accounting Standards A. Given the income statement effects of LIFO versus FIFO‚ how will the balance sheet inventory amounts differ between General Motors and Ford versus Honda and Daimler-Benz? In other words‚ will inventory be reported amounts representing recent costs or older historical costs? In your opinion‚ which balance sheet amounts would be more useful to financial statement users in making decisions to buy or sell shares of a company’s stock? Inventory is an asset that
Premium Inventory Revenue FIFO and LIFO accounting