The restaurant Nita’s looked at the costs for the year. The restaurant wanted to see what some of their fixed and variable costs were for the year. They also wanted to make sure they remain in their relevant range. The costs focused on were the cost of hamburgers (raw materials) and the cost of building rent. It was determined that the raw materials were the variable costs because the cost will vary based on production of hamburgers. A variable cost is a cost that will change in direct proportion
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“Growth vs Fixed Mindset” Keeping a positive attitude‚ having perseverance and staying motivated while attending school is paramount to achieving educational success. However‚ what if I told you there is an idea more powerful than any of these notions‚ one that is a game changer‚ both academically and in life‚ AND that we are in complete control of it. This idea is how we perceive our brains and whether our intelligence is something that is fixed or something that can grow and change. “In a fixed mindset
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96 Accounting Standard (AS) 10 Accounting for Fixed Assets Contents INTRODUCTION Definitions EXPLANATION Identification of Fixed Assets Components of Cost Self-constructed Fixed Assets Non-monetary Consideration Improvements and Repairs Amount Substituted for Historical Cost Retirements and Disposals Valuation of Fixed Assets in Special Cases Fixed Assets of Special Types Disclosure MAIN PRINCIPLES Disclosure Paragraphs 1-6 6 7-17 8 9 10 11 12 13 14 15 16 17 18-37 37 134 AS 10 (issued
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Position Paper #1 September 12‚ 2013 The issue stated is‚ does punishment really work? If so‚ what types of punishments? What types of punishments are least effective? Starting out by observing what punishment is‚ will help out best. Punishment is a certain consequence that an individual may face to reduce the behavior from occurring. While punishment can be effective in some cases‚ you can probably think of a few examples of when punishment does not reduce a behavior. Prison is one example. After being
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Depreciation of Fixed Assets Depreciation A business may acquire fixed assets such as land‚ buildings‚ machinery‚ office equipment‚ delivery equipment and natural resources (e.g. a piece if mining land)to help in the process of its operations to earn revenue in order to make a profit. Such assets‚ by their very nature‚ provide benefits to the business for more than one financial year or period. In fact‚ when a business buys a fixed asset at a certain cost (say $10‚000)‚ it is actually buying
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This fixed asset will give insight for Longhaul Carriers‚ owned by Jimmy Mavela. Longhaul Carriers is a transport company that transport goods between Durban and Johannesburg. The company has three heavy-duty trucks and employs three drivers who either work day or night shifts. This report will cover fair remuneration for drivers‚ working hours‚ maximise earnings‚ profitability and effective control for the future of Longhaul Carriers. Fair remuneration for drivers Calculations:Drivers remuneration
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Should Britain re-instate the death penalty? The majority of Great Britain is Christian‚ since according to the 2011 census‚ 59.4% of the country claimed to be of Christian faith. However‚ there are mixed views on Christianity and capital punishment. Many Christians believe that the Bible supports the use of the death penalty as it clearly says in Genesis 9:6‚ “Whoever sheds the blood of man‚ by man shall his blood be shed.” In addition to this‚ Jesus commands‚ “He who speaks evil of father or mother
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school for two weeks (Sterett). Even though this incident happened forty years back‚ the practice of corporal punishment is still taking place in some parts of the world‚ and the debate of whether corporal punishment should be legal or not is still a very heated topic. However‚ corporal punishment should be stopped completely and made illegal for the betterment of the students. Corporal punishment is the main cause of students facing physical and psychological disabilities. Murray A. Strauss. Professor
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Allocation of Fixed Costs ACC 403 Principles of Accounting The articles describe two different approaches: Lean accounting and activity based costing. Both have pros and cons and the selection of "what is best for allocating IT" likely rests with the culture and types of businesses. I personally believe that activity-based costing‚ which essentially casts IT as a variable cost‚ making users sensitive to the requests they make of IT because every request is an incremental cost to their
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America Should Continue to Use the Capital Punishment Recent years‚ capital punishment has been a focused problem and heated discussion among countries in the world. In the legislation system‚ capital punishment is the highest and cruelest punishment to criminal offenders. Nowadays‚ more than 100 countries have abolished death penalty‚ but some of the other countries still keep and implement capital punishment‚ such as America‚ which it is rare that using death punishment in developed countries
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