Product cost is the cost of direct labor‚ direct materials‚ and manufacturing overhead that are consumed to create a product. Product cost can also be considered the cost of the labor required to deliver a service to a customer. Direct Material Cost Definition: Direct material cost is the cost of materials used to manufacture a product or provide a service. Direct Labor Definition: Direct labor is production or services labor that is assigned to a specific product‚ cost center‚ or work order
Premium Manufacturing Production and manufacturing
Everyone has the right to privacy. Ethics is a branch of philosophy which seeks to address questions about morality; that is‚ about concepts such as good and bad. Some common issues of computer ethics include Intellectual property rights‚ privacy concerns‚ and how computers affect society. One problem is that many domains are being bought and sold to the highest bidder. Personal information has become more important in transacting business‚ and it’s available to many people and organization. The
Premium Ethics
Abstract Obesity is a medical diagnosis determined when an individual has accumulated enough weight to cause adverse health effects; usually recognized by Body Mass Index (BMI) as a number of thirty or higher on a height compared to a weight scale. It is a result of an imbalance between energy intake and energy expenditure. There are several notable health consequences directly linked to obesity‚ such as: hypertension‚ type 2 diabetes‚ stroke‚ osteoarthritis‚ cardiovascular disease‚ gallbladder
Free Obesity
Classify each cost listed below as either a product cost or a period cost for purposes of preparing the financial statements for the bank. 1. The cost of the memory chips used in radar set. * Product Cost 2. Factory Heating Cost * Period Cost 3. Factory Equipment maintenance costs. * Period Cost 4. Training costs for new administrative employees * Period Costs 5. The cost of the solder that is used in assembling the radar sets. * Product costs 6. The Travel
Premium Costs Fixed cost Variable cost
MARINE INSURANCE Marine insurance is the indemnity for the loss of cargo or damage to ships during the shipment. The risks that marine insurance covers are fire‚ seizures‚ wars‚ accidents or causalities which take place over the sea. The winds and waves are not included as risks in the marine insurance. The Indian Marine Insurance Act‚ 1963 is imbibed from the Marine Insurance Act‚ 1906. Though the Marine Insurance Act is deep in its insurance coverage‚ it does not provide for losses that occur
Premium Insurance Marine insurance
Computer Fundamentals: Pradeep K. Sinha & Priti Sinha Computer Fundamentals: Pradeep K. Sinha & Priti Sinha Ref Page Chapter 1: Introduction to Computers Slide 1/17 Computer Fundamentals: Pradeep K. Sinha & Priti Sinha Computer Fundamentals: Pradeep K. Sinha & Priti Sinha Learning Objectives Learning In this chapter you will learn about: § Computer § Data processing § Characteristic features of computers § Computers’ evolution to their present form § Computer generations § Characteristic features
Premium Computer Personal computer Computing
Plant overhead $122‚000 D/L rate/hour $30 Youngstown has a traditional cost system. It calculates a plant-wide overhead rate by dividing total overhead costs by total direct labor hours. Assume‚ for the calculations below‚ that plant overhead is a committed (fixed) cost during the year‚ but that direct labor is a variable cost. 1. Calculate the plant-wide overhead rate. Use this rate to assign overhead costs to products and calculate the profitability of the four products. The assignment
Premium Cost Costs Mathematics
the employees’ lack of willingness to work more at RERUNs and RAINs. When the conversion rate of RAP to RUN is only 15%‚ it seems that a lot of time is being wasted. The revenue figures for RAPs hasn’t been given explicitly‚ but still‚ a proper cost-benefit analysis needs to be done to establish priorities. The employees aren’t working enough on renewals‚ hence‚ they are losing their existing customers. This can be partly traced to the practice of working on RUNs and RANs first. Another part
Free Mathematics Arithmetic mean
Topic: Pretty Good Privacy Justification: Information security is a significant issue which attract people’s a lot attention in current society. The email security is highlighted problem in this area. According to Email Statistics Report 2012-2016 (Radicati Group)‚ there are 3.3 billion worldwide email accounts in 2012‚ and are expected to increase to 4.3 billion accounts in 2016. In general‚ transfer of email has many protocols; the SMTP is a main one. In this protocol‚ the content is required
Premium Pretty Good Privacy
Effective working knowledge of the Health Insurance Portability and Accountability Act (HIPAA) A shadow chart (not part of the legal medical record) is a copy of original health record retained apart from the primary custodial area used primary by health care providers in their office or clinic setting. Independent databases are often created by researchers and may not include the same content as the original health record. In case of a late entry (addendum) in one‚ shadow chart or independent
Premium Health care Health Insurance Portability and Accountability Act Health care provider