Organizational chart / Organogram of a traditional coffee house in Malaysia A kopitiam or kopi tiam is a traditional coffee shop found in Southeast Asia‚ patronised for meals and beverages. The word kopi is Malay for coffee (as borrowed and altered from English) and tiam is the Hokkien dialect word for shop (店). Menus typically feature simple offerings: a variety of foods based on egg‚ toast‚ and kaya‚ plus coffee‚ tea‚ and Milo‚ a malted chocolate drink which is extremely popular in Southeast
Premium Coffee Tea
Cost Classification Introduction: In this assignment I will be discussing how costs incurred in any organization may be classified in a number of different ways for a number of different purposes. I will also be looking to find companies that use a variety of different costing techniques and methods. I will also be discussing the comparisons between marginal and absorption costing and how the concept of activity based costing can also be compared with these. To complete the assignment I will
Premium Costs Variable cost Marginal cost
COST ANALYSIS OBJECTIVES INTRODUCTION MEANING DEFINITIONS TYPES OF COSTS MONETARY COSTS REAL COSTS OPPORTUNITY COSTS ECONOMIC COSTS ACCOUNTING COSTS INCREMENTAL COSTS SUNK COSTS FUTURE COSTS PRIVATE‚ EXTERNAL AND SOCIAL COSTS FIXED / SUPPLEMENTARY / OVERHEAD COSTS VARIABLE / PRIME COSTS REPLACEMENT COSTS PRODUCTION COSTS SELLING COSTS CONTROLLABLE COSTS DIRECT COSTS INDIRECT COSTS SHORT RUN COSTS CURVES LONG RUN COSTS CURVES OBJECTIVES To understand the meaning of cost. To discuss different types
Premium Costs Cost Variable cost
CHAPTER 3 ACTIVITY COST BEHAVIOR LEARNING OBJECTIVES AFTER STUDYING THIS CHAPTER‚ YOU SHOULD BE ABLE TO: 1. Define and describe fixed‚ variable‚ and mixed costs. 2. Explain the use of the resources and activities and their relationship to cost behavior. 3. Separate mixed costs into their fixed and variable components using the high-low method‚ the scatterplot method‚ and the method of least squares. 4. Evaluate the reliability of the cost formula. 5. Explain how multiple regression
Premium Management Strategic management Culture
Philippine Women’S University | Practicum with Specialty | Mr. Robin T. Meneses | | Arden Benard L. Asuncion IV-BSHRM-CAT | 10/8/2012 | Second Practicum at Bizu At my second Practicum at Bizu Commissary which is Located at 2158 Pasong Tamo‚ Makati which really welcomes me to the real world of Industry is a Memorable but Learning experience. The Commissary also houses the Administration Offices headed by Mrs. Annabel Jayne L. Tanco‚ which is the owner of Bizu. The Catering Services
Premium Chef Catering Pâtisserie
The Phipps Conservatory is by far one of the most beautiful places I have ever laid my eyes on. The Philips Conservatory is located in Schenley Park and it is labeled as a Historical Landmark in Pittsburgh. It was founded in 1893 by an industrialist named Henry Phipps and he had chosen to give conservatory to the city as a gift. The conservatory is comprised of 14 different rooms featuring various species of exotic and domestic plants‚ and it is also known as one of the greenest facilities in Pennsylvania
Premium Flower Plant Garden
is designed to meet the needs of its consumers‚ not only in their fitness endeavors‚ but also in their preference of taste. As we have seen the fitness world growing at an exponential rate‚ the food industry is eating its dust. It is time for a restaurant to rise to the occasion and power the lives of those that thrive for self-empowerment. Through times of a rocky economy the average consumer has put their boots on to overcome its obstacles‚ whether it’s been by cutting spending‚ or increasing saving
Free Restaurant Food Organic food
We already know that following are the important cost concepts related to the production process of a firm: • Fixed Cost • Varibale Cost • Average Cost • Marginal Cost please refer to following page Introduction to Cost Concepts to understand various cost concepts in detail. Here we will briefly state again the meaning of above stated cost concepts for better understanding of the module on short run cost analysis. Fixed Cost is that cost which does not change (that is either goes up or
Premium Marginal cost Costs Economics
Questions Case #5 – Marriott Corporation: The Cost of Capital 1. Are the four components of Marriott’s financial strategy consistent with its growth objective? 2. How does Marriott use its estimate of its cost of capital? Does this make sense? 3. What is the weighted average cost of capital for Marriott Corporation? a. What risk free rate and risk premium did you use to calculate the cost of equity? b. How did you measure Marriott’s cost of debt? 4. If Marriott used a single corporate
Premium Weighted average cost of capital Arithmetic mean Average
manufacturing cost categories. LO2 Distinguish between product costs and period costs and give examples of each. including calculation of the cost of goods sold. LO4 Prepare a schedule of cost of goods manufactured. LO5 Understand the differences between variable costs and fixed costs. LO6 Understand the differences between direct and indirect costs. LO7 Define and give examples of cost classifications used in making decisions: differential costs‚ opportunity costs‚ and sunk costs. LO8
Premium Costs