Business (UKM-GSB-LHDN) Cost Classification: Government Agency PROBLEM 2-56 The Department of Natural Resources is responsible for maintaining the state’s parks and forest lands‚ stocking the lakes and rivers with fish‚ and generally overseeing the protection of the environment. Several cost incurred by the agency are listed below. For each cost‚ indicate which of the following classifications best describe the cost. More than one classification may apply to the same cost item. The Answers
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The book I have read for the book talk is The Mysterious Benedict Society written by Trenton Lee Stewart. Published in 2007. "You must remember‚ family is often born of blood‚ but it doesn’t depend on blood. Nor is it exclusive of friendship. Family members can be your best friends‚ you know. And best friends‚ whether or not they are related to you‚ can be your family" (Pg. 257). Four orphans‚ a boy named Reynard Muldoon (Reynie)‚ Kate Wetherall‚ Constance Contraire‚ and George
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first stage of Erik Erikson’s theory centers around the infant’s basic needs being met by the parents. The infant depends on the parents‚ especially the mother‚ for food‚ sustenance‚ and comfort. The child’s relative understanding of world and society come from the parents and their interaction with the child. If the parents expose the child to warmth‚ regularity‚ and dependable affection‚ the infant’s view of the world will be one of trust. Should the parents fail to provide a secure environment
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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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"A Theory of Human Motivation" by Abraham Maslow Eero Ringmäe‚ 010636IAPM 02. December 2006 Total pages: 21 (+ 8 pages of preface that was published separately) Total characters (excluding spaces): 51 071 Background Abraham Maslow (1908 - 1970) was a well-known American psychologist. He made his most important academic contributions in the 1940s and 1950s. He is considered one of the founders of ’humanist psychology’. "The Theory of Human Motivation"‚ originally published in 1943 in "Psychological
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Quality Cost 1 Quality is defined from the customer´s point of view l Performance l Performance or the primary operating characteristics of a product or service. Example: For a car‚ it is speed‚ handling‚ and acceleration. For a restaurant‚ it is good food. l Features l Features or the secondary characteristics of a product or service. Example: For a TV‚ it is an automatic tuner. For a restaurant‚ it is linen table cloths and napkins . l Reliability l Reliability
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Q: Is depreciation expense or depreciation cost is fixed cost or variable cost in nature? Fixed costs: Fixed costs are such costs that do not change with the change in activity level within the relevant range. Where relevant range can be defined in terms of time or activity level. Variable costs: Variable costs are such costs that change with the change in activity level . Coming to the question‚ depreciation expense or depreciation cost can either be fixed or variable and this depends on the
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Human trafficking is the fastest growing criminal enterprise in the world. Worldwide‚ human trafficking is the second largest source of organized crime‚ only behind drug cartels. By CIA estimates‚ there are 45‚000-50‚000 victims of sex slavery and trafficking each year in the U.S. alone. The sex industry in the United States is worth a staggering $14 billion a year. Decriminalization of prostitution and the sex industry promotes sex trafficking and expands the markets for prostitutes. The argument
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products. Chuck questioned if the current cost-management system was providing the management with accurate data about product costs. In a traditional‚ volume-based product-costing system‚ only a single predetermine overhead rate is used. All manufacturing-overhead costs are combined into one cost pool‚ a grouping of individual indirect cost items‚ and they are applied to products on the basis of a single variable that costs over a given time span (cost driver) that is closely related to production
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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
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