Is Standard Costing Still Relevant? Motivation The activity-based costing (ABC)‚ Just-in-Time (JIT)‚ the balanced scorecard‚ and target costing methods appeared and used wide‚ it leads to confusion about the sense of relevant of standard cost. Besides‚ standard costing and variance analysis had become disconnected from actual practices at the industry level. Research question In this case‚ author solved four questions: 1. Is standard costing used in Dubai? 2. How important are various functions
Premium Cost accounting Variance Balanced scorecard
1 Reference Samson‚ D.‚ Catley‚ B.‚ Cathro‚ V.‚ & Daft‚ L. (2012). Management in New Zealand. (pp. 186 - 187). Albany‚ North Shore‚ New Zealand: Cengage learning New Zealand. [Fonterra case study] Fonterra: More than just sour milk. Content:What is it all about? This article is write about the Fonterra‚ one of the world’s leading exporters of dairy products and the largest New Zealand dairy company made a costly and painfully mistake that sighed a joint venture agreement with a china’s
Premium Milk New Zealand
“Malthusian views of the relationship between population and food remain relevant today.” Discuss this statement. According to Malthusian theory of population‚ population increases in a geometrical ratio‚ whereas food supply increases in an arithmetic ratio. This imbalance would lead to widespread poverty and starvation‚ which would only be checked by natural occurrences such as disease‚ high infant mortality‚ famine‚ war or moral restraint. However‚ this theory is wrong in circumstances now
Premium Agriculture Population Green Revolution
BCGBC4003A/CPCCBC4003A Assignment 1 Part 1 1. Outline four areas within the above clause that could be identified as being unbalanced and give reasons why. I. The contractor gives the Superintendent‚ within 5 business days of when the Contractor should reasonably have become aware of that causation occurring‚ a written claim for an EOT evidencing the facts of causation and of the delay to WUC and any (Milestones). The reason for this being unbalanced is that 5 business days is too short of
Premium Time Delays Delay
Voice of Democracy “Is our Constitution still relevant?” 225 years ago‚ 39 out of 55 delegates signed the Supreme Law of America‚ a law that symbolized freedom and independence; a law that made America what it is today. This paramount law was called the United States Constitution. The Constitution was designed to accomplish two primary objectives: First‚ to institute a government that would effectively exercise rights and privileges of the people. Second‚ to protect the individual rights we have
Premium United States Constitution United States United States Declaration of Independence
is hard to achieve. As time has gone by since the Civil Rights Movement‚ more and more people are asking the question‚ “Is racism still a concern?” The short answer is yes‚ as long as there is one racist human on Earth‚ this novel will still be relevant. The novel To Kill A Mockingbird is interesting because you see Tom Robinson (a black man accused of rape) face a battle that you know he will lose. He is facing a legal system that has no desire to make the
Premium To Kill a Mockingbird Harper Lee African American
opportunity for all people regardless of their gender. Over time‚ feminism has transformed. There are many arguments whether or not feminism is still relevant. Most people believe that feminism in no longer relevant because of the nineteenth amendment‚ which granted women the right as men. However‚ there are people that protest that feminism is still very relevant. It is very understandable that feminism was way more concerning in the nineteenth century than it is now. Today’s interpretation of feminism
Premium
Is the constitution still relevant today? Some would say that it is not and never has been. However‚ I happen to think otherwise. The constitution was written to establish our rights and freedoms as citizens. In my opinion the constitution is still relevant today. When you think of the different parts of the constitution it all makes sense. We have the amendments and our rights‚ the amendments clarify the duties of the government and branches. The bill of rights is focused on the people and their
Free Law Separation of powers United States Constitution
Relevant Costs and Decision Making 4.16 A. The fixed overhead cost will be the same regardless of which method Regina Corp goes. Based on the analysis of Yoklic‚ they will incur the additional cost of $6 per unit by purchasing the subassemblies versus manufacturing them. B. The $50‚000 that is saved by eliminating the fixed overhead reduces the cost for outsourcing. This will give Yoklic an overall $20‚000 savings for 5‚000 units by purchasing externally versus manufacturing internally
Premium Costs Risk Variable cost
1984 was written more than 60 years ago by an author named George Orwell. This book was very much like today’s society. Some people agree that 1984 is still relevant in today’s society‚ some disagree. 1984 has so many references to today’s society and relates. This book was written many years ago and was a book for analyzing the future. They have three parties‚ the inner‚ outer layer‚ and the proles. They speak in Newspeak‚ and have telescreens and Big Brother watching their every move. Winston
Premium Nineteen Eighty-Four George Orwell Fahrenheit 451