order costing to process costing methods. Comparison: These systems are to determine the manufacturing costs of products. Both costing systems combine direct materials‚ direct labor and overhead which is indirect costs or could be considered a direct cost in the process costing method nonetheless both systems use this in the process of producing products. The manufacturing accountants assign cost objectives to raw materials inventory‚ work in process inventory and finished goods. These systems are
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Le Chatelier’s principle and chemical equilibrium systems Jan Samuel Matuba‚ Mark Cel Gonzaga Chemical Engineering Department‚ College of Engineering‚ University of the Philippines‚ Diliman 1100 ------------------------------------------------- January 11‚ 2012 DISCUSSION Reaction rates determine the speed at which products are formed from the reactants. Expressed as concentration divided by time‚ reaction rates measure the rate of disappearance of the reactants‚ and‚ conversely‚ the rate
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2.0 KAIZEN COSTING 2.1 What is Kaizen costing? Kaizen is a Japanese term that means continuous improvement. Kaizen events can be defined as making improvements through a process that emphasize small incremental amounts rather than large or radical improvement. Therefore in order to achieve this kaizen costing not include only continuous cost reduction but also continuous improvement of performance by increase the efficiency throughout the process. 2.2 Why we need Kaizen costing? Market prices
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Activity-based Costing (ABC) An activity-based approach refines a costing system by focusing on individual activities as the fundamental cost objects. It uses the cost of these activities as the basis for assigning costs to other cost objects such as products or services. There are four levels of a cost hierarchy: 1- Output unit-level costs: costs of activities performed on each individual unit of a product or service. 2- Batch-level costs: costs of activities related to a group of
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of your home appliances (lamp‚ fan‚ radio‚ etc) to make the appliance turn on/off from a TV‚ VCD‚ VCR‚ Air Conditioner or DVD remote control. The circuit can be activated from up to 10 meters. It is very easy to build and can be assembled on a veroboard or a general-purpose PCB. Circuit diagram: Figure:1 Remote Control For Home Appliances Figure 1 Remote Control For Home Appliances Parts: R1 = 220K R2 = 330R R3 = 1K R4 = 330R R5 = 47R C1 = 100uF-16V C2
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organisational goals. Comment. 3. What are major reasons for market segmentation and what are its advantages? 4. Briefly explain the steps involved in new product development. Assignment: B 1. Explain any two pricing policies with their relative advantages and disadvantages. 2. As Marketing Director of Kellogg’s evolve a market driven distribution system for the market. 3. Which type of sales promotion vehicles will you use to promote the sale of a premium brand of
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Business Processes and Information Systems Rosalyn Huf CIS/568 April 27‚ 2015 Saundra McDavid Business Processes and Information Systems An information system (IS) is an important part of an organization’s business processes. Information systems facilitate communication and coordination among different functional areas‚ allow easy exchange of‚ and access to‚ data across processes. Specifically‚ IS’s play a vital role in three areas: Executing the process‚ capturing and storing process data‚ and
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This report is an analysis of business intelligence systems currently available to our business. As an introduction‚ I will address in general terms why we need to purchase a business intelligence system and how it will aid our business. Then I will discuss several applications in detail‚ paying particular attention to the information and analysis capabilities of each‚ and the hardware and software required for each. Finally‚ I will conclude with a short evaluation of the products discussed and
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businesses rely on computer system for every transaction they made. The thesis is all about putting up a laundry business that offers the following aspects: It has a website that can be use to view the following services offered with the corresponding prices. Customers can also transact business through online and can also avail pickup and delivery transactions. In addition‚ the laundry business accepts walk in customers and telephone transactions. The proposed system would make it easier for customers
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Hoosier Burger Student Ashford University Business System Analysis INF 340 Tony Sgarlatti Feb 10‚ 2014 Improving Hoosier Burger Bob and Thelma Mellankamp wanted to open their own business. They came across Myrtle’s Family Restaurant and saw a sign that said it was for sale. Bob and Thelma bought the restaurant and their own restaurant was brought to life Hoosier Burger Restaurant. The idea was one that everyone dreams of owning their own business but do not understand all the behind the
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