should be based on change of RELEVANT items ONLY. The company’s calculation is WRONG‚ as it takes into concern of irrelevant fixed cost. By double-counting depreciation‚ other Mfg. overheads‚ SG&A in Sunday’s cost; it distorts the P&L sheet. To correctly show cost structure for decision making‚ there are two different approaches‚ yet each should reach same conclusion. Approach 1: Differential Cost Approach As suggested in case‚ by producing 4 unites on Sunday‚ total depreciation‚ total Mfg. overhead
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Problem 2-43 (35 minutes) 1. San Fernando Fashions Company Schedule of Cost of Goods Manufactured For the Year Ended December 31‚ 20x2 Direct material: Raw-material inventory‚ January 1 $ 40‚000 Add: Purchases of raw material 180‚000 Raw material available for use $220‚000 Deduct: Raw-material inventory‚ December 31 25‚000 Raw material used $195‚000 Direct labor 200‚000 Manufacturing overhead: Indirect material
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challenges associated with managing in a business with high fixed costs like airlines? To understand the challenges firms face with regard to high fixed costs we must first have a basic understanding. A fixed cost is a routine cost the company incurs despite production‚ and changes in volume. It is a cost that must be paid routinely‚ but the amount of the expense may vary. Firms with high fixed costs must have complete understanding of what fixed costs exist that will be incurred‚ and how much revenue they
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Africa and is composed of hip hop elements. Since the early 21st century‚ it has been possible to hear rap in every major language of the world. Rapping can be delivered over a beat or without accompaniment. Stylistically‚ rap occupies a gray area between speech‚ prose‚ poetry‚ and singing. The word (meaning originally "to hit") as used to describe quick speech or repartee predates the musical form. The word had been used in British English since the 16th century‚ and specifically meaning "to say"
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The story “Where Are You Going‚ Where Have You Been?” by Joyce Carol Oates shows the reader the self-created illusion that the main character Connie has created in order to better understand herself. Connie’s reality is altered as she has this dream that has manifested due to her desire for attention from others. Throughout the story there are many occurrences that support the idea that the entire story is a dream that was made up by Connie’s subconscious. Throughout the story‚ Arnold mentions many
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COST ACCOUNTING: A BRANCH OF ACCONTING THE PRINCIPAL PURPOSE OF WHCH IS TO DTERMINE THE COST OF A SINGLE UNIT OR SERVICES (FOR STOCK VALUATION‚COST PLANNING AND CONTROL AND PROFIT REPORTING PURPOSE) . OR A BRANCH OF ACCOUNTING THAT DEALS WITH THE ACCUMULATION AND ANALYSIS OF COST INFORMATION FOR INTERNAL USE TO AID MAMNAGEMENT IN PLANNING‚ CONTROL AND DECISION MAKING
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“perform different activities”. Cost leadership strategy Tiger airways has chosen the former it exploiting a cott leadership strategy. It has an integrated set of actions taken to produce services with features that are acceptable to customer at the lowest cost relative to that of competitors. Tiger’s costs structure foolows the shirt-haul low-cost model of Ryanair. It targets a broad customer segment and concentrates on finding ways to lower its costs relative to competitors by constantly
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CHOOSE A CHARACTER FROM HARRISON BERGERON OR “WHERE ARE YOU GOING WHERE HAVE YOU BEEN” DO A DETAILED ANALYSIS OF THAT CHARACTER. The story and characters that was chosen was “Where Are You Going Where Have You been.” The character Connie is a 15 year old teenager who doesn’t get along with her mother. She always fussing at her about staying in the mirror so much‚ her mother wants her to be like her sister June but‚ her parents showed her sister more attention
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Maria Bustos Instructor: Ms. Cowart English 102 February‚ 4‚ 2015 Short Story Essay #1 “Where are you going‚ Where have you been” The short story about Connie deals with the experience of a young girl that is haunted by her good looks and cryptic behaviors. Inspired by a Life article of a serial killer‚ Oates created the story to: “It was not the number of murders that intrigued me‚ but the disturbing fact that a number of teenagers –from “good” families—aided and abetted his crimes” (Oates
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“The More You Read‚ The More You Know.” by Clody Lorenzo Glorioso III We‚ human beings‚ are born with intellect and understanding. We are created with a brain that helps us think and imagine. We are so blessed that we have this kind of gift from above. So‚ the question is‚ if we are given with this intelligence‚ why do we need books? A book is as important as our brain. Like our brain‚ it helps us understand things. But‚ our brain has limitations. We can only comprehend what our senses
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