RESEARCH AT BITS 2009 Birla Institute of Technology & Science Pilani (Rajasthan) - 333031 January 2010 Appendix ‗L‘: Ref. BG Agenda Item No.63.11 Appendix ‗E‘: Ref. GB Agenda Item No. 49.07 RESEARCH AT BITS 2009 Birla Institute of Technology & Science Pilani (Rajasthan) - 333031 January 2010 PREFACE Research is an integral and important part of any higher education system. BITS‚ Pilani actively promotes research among its staff and students. In addition to basic research
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recently completed Job 501 on its job cost sheet. Direct materials cost was $3‚067. A total of 30 direct labor-hours and 104 machine-hours were worked on the job. The direct labor wage rate is $12 per labor-hour. The company applies manufacturing overhead on the basis of machinehours. The predetermined overhead rate is $11 per machine-hour. The total cost for the job on its job cost sheet would be: A. $4‚571 B. $3‚757 C. $3‚090 D. $3‚427 Applied manufacturing overhead = Predetermined overhead rate
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PRE-FEASIBILITY REPORT Modernization cum Expansion of Sugar Unit from 5‚000 to 8‚000TCD Capacity and Cogeneration Project of 19.5 MW Installed Capacity M/s. Karmayogi Shankarraoji Patil Sahakari Sakhar Karkhana Limited Mahatma Phule Nagar‚ Bijwadi‚ Taluka Indapur‚ District Pune‚ Maharashtra Prepared By VASANTDADA SUGAR INSTITUTE * Manjari (Bk)‚ Pune‚ Maharashtra 412 307 Telephone: (020) 26902100‚ 26902343/7/6‚ Fax (020) 26902244 Web Site: www.vsisugar.com *Accredited by QCI/NABET (Provisional)
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INTERNATIONAL B-SCHOOL SUBJECT: FINANCIAL & COST ACCOUNTING Total Marks: 80 N.B.: 1)Allquestionsarecompulsory 2) All questions carry equal marks. Q1) ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In addition‚ ABC Ltd will have to incur costs of Rs 1.50 per unit for freight and Rs 10‚000
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accounting profits and economic profits for Gomez’s pottery. Explicit costs: $37‚000 (= $12‚000 for the helper + $5‚000 of rent + $20‚000 of materials). Implicit costs: $22‚000 (= $4‚000 of forgone interest + $15‚000 of forgone salary + $3‚000 of entreprenuership). Accounting profit = $35‚000 (= $72‚000 of revenue - $37‚000 of explicit costs); Economic profit = $13‚000 (= $72‚000 - $37‚000 of explicit costs - $22‚000 of implicit costs). 8-4 (Key Question) Complete the following table by calculating
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Dr. Riordan‚ a professor of chemistry he started Riordan plastics‚ Inc in 1991. Riordan Manufacturing is a global plastics‚ medical supplies‚ stents‚ automotive parts‚ appliance manufacture ’s parts‚ airplane parts‚ and beverage containers manufacturer. Riordan has 500 employees with a projected annual earnings of $46 million and a fortune of 1000 enterprises with revenues of $1 billion. Riordan Manufacturing has 4 worldwide locations Albany Georgia‚ Pontiac Michigan‚ Hangzhou China‚ and the company
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It is interesting to see how cars revolutionised the way we live but what is more interesting is that the cars these days are not just considered a device for transportation but much more than that. When you go deeper into the dynamics of the consumer behaviour towards cars it is fascinating to see how a brand of a car has a great impact on its consumer. Lots of research has been done on measuring the impact of the brand on the customer and buyer behaviour and my research aim is to add a drop of
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Empire and to the overthrow in 1917 of the 300-year old Romanov Dynasty. The Communists under Vladimir LENIN seized power soon after and formed the USSR. The brutal rule of Josef STALIN (1928-53) strengthened Russian dominance of the Soviet Union at a cost of tens of millions of lives. The Soviet economy and society stagnated in the following decades until General Secretary Mikhail GORBACHEV (198591) introduced glasnost (openness) and perestroika (restructuring) in an attempt to modernize Communism‚
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TYPES OF COSTS Introduction :-Production is the result of services rendered by various factors of production.The producer or firm has to make payments for this factor services. From the point of view of the factor inputs it is called ‘factor income’ while for the firm it is ‘factor payment’‚ or cost of inputs.Generally‚ the term cost of production refers to the ‘money expenses’ incurredin the production of a commodity. But money expenses are not the only expensesincurred on the production
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the product in the first place. 4. End the practice of awarding business on the basis of price tag. Instead‚ minimize total cost. Move toward a single supplier for any one item‚ on a long-term relationship of loyalty and trust. 5. Improve constantly and forever the system of production and service‚ to improve quality and productivity‚ and thus constantly decrease costs. 6. Institute training on the job. 7. Institute leadership. The aim of supervision should be to help people and machines and
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