Cost Accounting – Classification of costs Cost accounting refers to a process of accumulating‚ recording‚ classifying and analyzing all costs incurred at various levels of production. The purpose of cost accounting is manifold. It provides a final selling price‚ suggests the best possible course of action where maximum savings are possible and a strategy for future. Cost accounting is also constructive in comparing the input and output results that ultimately aids the management to arrive at a financial
Premium Costs Cost
Cost reduction Generally defined as the act of cutting costs to improve profitability. Cost reduction‚ should therefore‚ not be confused with cost saving and cost control. Cost saving could be a temporary affair and may be at the cost of quality. Cost reduction implies the retention of essential characteristics and quality of the product and thus it must be confined to permanent and genuine savings in the costs of manufacture‚ administration‚ distribution and selling‚ brought about by elimination
Premium Supply chain management Costs Cost
Topic 6: Management Accounting and Cost Case: Shelter Partnership a. My main learning outcomes from Topic 6 and the Case Study; 1) Firstly‚ I realize management accounting has much to offer. Somehow I can handle physics but not accounting. Now thanks to this course I can appreciate and make sense of it. The bit that really caught my attention was seeing how management accounting can be really useful for business planning‚ cost management‚ budgeting and performance measurement. It offers
Premium Cost Cost accounting Costs
Unit 301: Communication and professional relationships with children‚ young people and adults Worksheet 4: Scenario 1 Consider the following questions for each example. Your response needs to demonstrate your knowledge and understanding of the policies and procedures in your setting. What should you do ? What should you say to the two learners? What action (if any) do you need to take? Unit 301 Learning outcome 2.5 You are supporting a science lesson in a Year 9 classroom. There has been some
Premium Bullying English-language films Oral communication
NT1330-Unit 2 Exercise 1 DNS Scenario Dear junior IT‚ Thank you for contacting me regarding your questions‚ and trust that I will do my best to help you. From what I understand‚ you work at two branch offices‚ and have been given the responsibility of discovering where to place an Active-Directory Integrated DNS server. You also have some question of what type DNS server would best meet your company’s needs. First let’s begin with the smaller branch supporting perhaps five user/workstations
Premium Social sciences Source text Primary source
Scenario of a Probation Officer‚ Interviewing and Interrogation Alana Johnson June 29‚ 2013 Criminal Justice Communications 2358-12 Everest University You are a probation officer who was conducting a home visit for probationer Bobby Jean. You walk up to the door‚ she answers‚ and you notice a bag of marijuana sitting on the kitchen table. She promises that it is not hers. You provide her with a urine screen and it is clean. Based on the above scenario‚ please respond to the following
Premium Criminal law What Would You Do?
GLOBSYN BUSINESS SCHOOL STUDY OF THE INDIAN AND CHINA ECONOMY PRESENTED BY: Learning Group 6 (PGPM-11B) - Vasundhara Kedia - Sourabh Soni - Sudeshna Chowdhary - Niloy Biswas - Sauryadipta Basu - Mandeep Pradhan ACKNOWLEDGMENT The time spent in
Premium Colonialism British Empire Economics
40‚000 | | 100‚000 | | 404 | | | | 20‚000 | 20‚000 | 40‚000 | | 405 | | | | | 20‚000 | 20‚000 | | Total | 90‚000 | 120‚000 | 90‚000 | 60‚000 | 40‚000 | 400‚000 | 2 Physical Measures Method | Produced | Proportion | Joint Cost Allocation | Unit Cost | 401 | 90‚000 | (90‚000/400‚000)0.225 or 22.5% | (200‚000 x 0.225)45‚000 | (45‚000/90‚000)0.5 | 402 | 120‚000 | (120‚000/400‚000)0.3 or 30% | (200‚000 x 0.3)60‚000 | (60‚000/120‚000)0.5 | 403 | 90‚000 | (90‚000/400‚000)0.225 or 22.5%
Premium Costs Variable cost
Window seal = 1 Dark box = 215 The independent variable here is the temperature of where the dished were placed meaning they could grow quicker. For the Incubator‚ you can see that the count of colonies was very small compared to some others but the actual size of the colonies were much larger‚ meaning that the bacteria grows faster than it actually repopulates. This occurred because of the immense heat it was in while it was stored in the incubator. The controlled and dark box is what surprised us
Premium Nutrition Food Genetically modified organism
MATTHEW CABLE has completed the Firefighter Employment Scenario with the following responses: Although it’s not clear in the story whether an associates degree is a precondition for taking the exam‚ in your opinion‚ should a degree be a requirement to sit for the exam? Yes Why or why not? A Fire science degree should be a requirement to take the test. It shows that the fire fighter it trying to improve him or her self and become more knowledgeable of their craft. It also shows that they are committed
Premium Firefighter Risk Fire protection