government was Sitting Bull‚ Chief of the Sioux and entire Lakota nation. He led a large amount of Sioux warriors in many battles against the American government that were fought over the rights and lands of the Lakota nation. He was against the American government and the forceful ways that they took over Indian lands‚ and therefore he used his strong‚ spiritual leadership abilities to battle against the American government as well as the U.S army. The author of the biography Sitting Bull and the
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A Hunkpapa Lakota chief named Sitting Bull and the history of the Lakota nationhood was the chosen subject of Gary C. Anderson to write a biography on. Although most of the history about Sitting Bull took place back in the eighteen hundreds‚ Anderson did not come out with his book tell around 1995. Addison-Wesley Educational Publishers published the book in 1996. The book follows the history of Sitting Bull and the native Indians fight with the "white man" over land. The first chapter goes back
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In the books of a Company Cost Sheet for the period ended…….. Units Produced….. Name of the product unit sold…. Particulars Total cost Rs. Unit Cost Rs. Opening stock raw materials Add Purchases of Raw Materials Add: Expenses on Purchases of Raw Materials (octroi & duty) Less: Closing stock of raw materials Less: Sale of scrap or defectives of raw materials = Cost of materials consumed Add: Productive Labour Add: Outstanding wages Add: Direct Expenses( architect’s
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3 Cost-Volume-Profit Analysis Learning Objectives 1. Explain the features of cost-volumeprofit (CVP) analysis 2. Determine the breakeven point and output level needed to achieve a target operating income 3. Understand how income taxes affect CVP analysis 4. Explain how managers use CVP analysis in decision making 5. Explain how sensitivity analysis helps managers cope with uncertainty 6. Use CVP analysis to plan variable and fixed costs 7. Apply CVP analysis to a company producing multiple
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following data have been recorded for 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
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Michael Hansen Honors Economics‚ McQuillan March 22‚ 2013 Cyprus Is Sitting On A Natural Gas Gold Mine A recent discovery off of the coast of Cyprus‚ an island miles off the coast of Turkey‚ has found a large field of natural gas. The field is said to be between 5 trillion and 8 trillion cubic feet of gas. Cyprus is currently trying finance their huge budget deficits and bad bank holdings. Major energy companies around the world might want to invest in mining some of the gas as well. If Cyprus
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http://theindependentbd.com/index.php?option=com_content&view=article&id=159061:bangladesh-authority-sitting-on-draft-gi-act&catid=169:op-ed&Itemid=201 Bangladesh authority sitting on draft GI Act Print Edition Top of Form User Rating: / 0 PoorBest Bottom of Form Op-ed SATURDAY‚ 09 MARCH 2013 AUTHOR / SOURCE: M S SIDDIQUI There are two burning issues of GI to understand the Geographical Indication. RiceTec‚ a Texas-based US company‚ in 1997‚ patented some types of rice they
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11 Allocation of Joint Costs and Accounting for By-Product/Scrap Objectives After completing this chapter‚ you should be able to answer the following questions: LO.1 LO.2 LO.3 LO.4 LO.5 How are the outputs of a joint process classified? What management decisions must be made before beginning a joint process? How is the joint cost of production allocated to joint products? How are by-product and scrap accounted for? How should not-for-profit organizations account for the cost of a joint activity?
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Ronald Coase noted‚“The cost of doing anything consists of the receipts that could have been obtained if that particular decision had not been taken.” For example‚ the opportunity set for this Friday night includes the movies‚ a concert‚ staying home and studying‚ staying home and watching television‚ inviting friends over‚ and so forth. The opportunity cost of taking job A included the forgone salary of $102‚000 plus the $5‚000 of intangibles from job B. Opportunity cost is the sacrifice of
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Generally‚ the term cost of production refers to the ‘money expenses’ incurred in the production of a commodity. But money expenses are not the only expenses incurred on the production of a commodity. There are number of services and inputs such as entrepreneurship‚ land‚ capital etc.‚ which are offered by an entrepreneur without changing any price or receiving any payment for them. While computing the total cost of production‚ allowance should be made for such expenses. It is therefore essential
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