done this assignment. The purpose of this assignment is to gather practical experience. By this assignment one can know about the costing system of a company. How a company manages their cost‚ whether they follow the accounting system or not- to know this‚ is the prime objective of this assignment. By gathering the cost information of a company one can analyze it and also can give suggestions to improve their costing system for more profit. Figure: Objectives of the assignment
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‘khroma’ and ‘graphein’ meaning ‘color’ and ‘to write’ or to represent. Although there are a couple different types of chromatography‚ in each case a substance is placed onto or into a medium and a solvent is passed through the test substance. In chromatography science‚ the solvent is called the mobile phase or the carrier fluid and the medium is called the stationary phase. There are four main types of chromatography; these are Liquid Chromatography‚ Gas Chromatography‚ Thin-Layer Chromatography and Paper
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Q1: explicit costs and implicit costs concepts Explicit Cost Explicit cost is defined as the direct payment which is supposed to be made to others while running business. This includes the wages‚ rents or materials which are due in the contract. The explicit cost is the expense done in business which can easily be identified and accounted for in the business at any stage. The explicit cost represents the out flows of cash in clear and obvious terms. When any out flow of credit occurs in a business
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Period 7 Cost of College In 1983‚ the tuition per term at the University of Oregon was $321. There were three terms per year. In the year 2005‚ the cost of tuition at the University of Oregon is $5853 per year‚ or $1951 per term. This growth in the cost of tuition can be modeled by an exponential function: y = a(b)x. The variable y represents the cost of tuition per term‚ and the variable x corresponds to the number of years that have passed since the initial year. To find this exponential
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Blood types My team and I decided to do our poster project on blood types. With this topic‚ I will be explaining the benefits and risks of having a blood transfusion. In a situation where a person has lost lot’s of their blood because of an accident‚ has really low hemoglobin. This person would not be in a good situation because hemoglobin is the structure in the blood which carries oxygen in the arteries which will eventually go to your organs. With a blood transfusion‚ the person will receive
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fifty bales of cotton to Loeb & Co. Schreiner had sold cotton to Loeb & Co. for the past five years. Written confirmation of the date‚ parties‚ price‚ and conditions was mailed to Schreiner‚ who did not respond to the confirmation in any way. Four months later‚ when the price of cotton had doubled‚ Loeb & Co. sought to enforce the contract. Schreiner argues that he is not a merchant. Is the contract enforceable? A- Under the mailbox rule the moment the offer gets mailed it’s affective
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COST SHEET FOR AMUL ICE-CREAMS [pic] PRESENTED BY HIRAL MEHTA 61 SAURAV MEHTA 62
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performs an operation‚ and returns a value or values. Use functions to simplify and shorten formulas on a worksheet‚ especially those that perform lengthy or complex calculations.)‚ references‚ operators (operator: A sign or symbol that specifies the type of calculation to perform within an expression. There are mathematical‚ comparison‚ logical‚ and reference operators.)‚ and constants (constant: A value that is not calculated and‚ therefore‚ does not change. For example‚ the number 210‚ and the text
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product costs are the direct materials‚ and manufacturing overhead that are involved in acquiring or making products. Products costs are assigned to an inventory account on the balance sheet and considered to be assets. When the goods are sold‚ the costs are released from inventory and are recognized as expenses in the income statement. Period costs are all the costs that are not included in product cost‚ such as advertising‚ executive salaries‚ and other nonmanufacturing costs. These costs are expenses
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to Sinking or looting of ship businessman has to incur financial loss. It means the whole life atmosphere is full of uncertainties and risks. The need for gaining security from these losses brought insurance into existence. TYPES OF INSURANCE There are three types of insurance -: a) Life Insurance b) Fire Insurance c) Marine Insurance Life Insurance Life insurance originated for the first time in England on 18th June‚ 1583. On this day life insurance of Sh. William
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