Building sand is valued by the engineering projects‚ which includes manufactured sand and natural sand. The artificial sand is manufactured by crushing raw materials conducted by the crushers and sand makers. There are three reasons for artificial sand being the model of building sand that is advocated by the state. The first is to avoid the destruction of riverbed caused by excavation of river sand‚ thus preventing the floods and security risks. The second is to reduce the energy consumption and
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Activity based costing Activity based costing is an accounting method that is created to provide manager with cost information and other that potentially affect capacity. Activity based costing is used to determine product costs for management report. This method is commonly use as a complete to the company costing system. There are two activity based costing system that most organization use. The two are the official costing system that used for preparing external financial reports and activity
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Why might the figures for recorded crime underestimate the actual amount of crime that takes place? Brief definition of crime and the process from committed crime to prosecution. An overview of recorded crime numbers between the years 1876-2000. Given statistics of the actual amount of recorded and unrecorded crime. Possible reasons and examples for crimes not being recorded based on BCS surveys. To define crime we have to look at it from two different perspectives‚ one is based on the legal
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current product costing system requires a lot of research and pre-planning. In order to determine the most effective product costing system management must decide which costs should be included in the product costs‚ at what level will direct costs be tracked‚ how indirect costs will be structured‚ and when to capture the indirect costs. Once all the costs have been identified and organized into fixed‚ variable‚ or overhead categories‚ management must then decide which product costing system would provide
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Describe when it is appropriate for a company to use a job-order costing system. Answer Job order cost system provides per unit cost of manufactured products. Job order cost system is used by the companies that manufacture custom products for customers or batches of similar products. Job order cost system is used in the companies that offer many different products or services to its customers. Example Industries where job order cost system is used are Furniture manufacturing‚ Apparel manufacturing‚
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limestone and clay as raw materials‚ after crushing‚ dosing and levigating the raw material was fed to cement rotary kiln ‚ calcined into clinker‚ then levigate into cement by add moderate gypsum( sometimes add some mix material or admixture) . For the preparation methods of raw material are different‚ cement production can be dry (include semi-dry) process and wet (include semi-wet) process. Portland cement ① dry process. Drying all materials at the same time then grinding the material or first drying
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Two general approaches are used for costing products for the purpose of valuing inventories and cost of goods sold. One approach is called absorption costing. Absorption costing is generally used for external financial reports. The other approach called variable costing is preferred by some companies for internal decision making and must be used when an income statement is prepared in the contribution format. Ordinarily absorption costing and variable costing produce different figures for net income
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To Indian Pharmacompanies The pharmaceutical industry of India has matured over the years into a major producer of bulk drugs‚ rated among the top five in the world. The industry is largely concentrated in the production of ‘generics’ on account of the Process Patent Law introduced in the seventies (repealed under the recent TRIPS Agreement). India has since been able to establish technological capability for manufacture and supplying of generic drugs. This ‘generics capability’ of India has attracted
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order costing to process costing methods. Comparison: These systems are to determine the manufacturing costs of products. Both costing systems combine direct materials‚ direct labor and overhead which is indirect costs or could be considered a direct cost in the process costing method nonetheless both systems use this in the process of producing products. The manufacturing accountants assign cost objectives to raw materials inventory‚ work in process inventory and finished goods. These systems are
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Activity-Based Costing Systems Research Paper |Matthew East | | | | | |
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