ACCT2126 Management Accounting and Business Topic 4 – 4 sessions: Product Costing – Overhead Allocation using single or multiple cost drivers Learning Objectives: Building on your prior learning in this course you are required to be able to demonstrate an understanding of: • Product costing systems and product costing methods. • Supporting cost schedules for the Income Statement and their relationship to the income statement for manufacturing and service organisations. • Actual
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are the cash method and the allocation method. The cash method is described as a simple and direct approach. The amount of income taxes actually paid for the year is reported on the Income Statement. The amount comes from the firm ’s income tax return and fit is not adjusted in any way. Therefore‚ the firm ’s actual transaction to record its income tax liability is the basis for the amount of the income tax expense reported on the Income Statement. The allocation method is a bit different.
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marketing costs‚ media and sales promotion costs‚ and freight out cost) based on weight of product sold. SMU2 thus seems less profitable because the main product of SMU2 is Product MP and its special orders‚ which are relatively dense and bulky. This allocation method makes SMU2 seems less profitable. Fine Foods evaluate the performance of SMUs based on operating profit‚ which includes several uncontrollable cost elements in the calculation. Hence‚ operating profit cannot reflect the true performance
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fast enough in order to guarantee an acceptable level of performance for CU without degrading the performance of primary user(s). Genetic Algorithm is used to enhance the convergence time. Keywords: Cognitive radio‚ Genetic Algorithm‚ Power allocation‚ Quality of Service. I. INTRODUCTION The recent rapid growth of wireless communications has made the problem of spectrum utilization ever more critical. On one hand‚ the increasing diversity (voice‚ short message‚ Web and multimedia) and demand
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subsidy of Rs. 28000 Crore; allocation of Rs 5500 crore for FY09. 2. Rajiv Gandhi National Drinking Water Mission (RGNDWM)‚ Ministry of Rural Development‚ Annual allocation plan 2007-08 was Rs.6‚400 crore and Annual allocation plan 2008-09 is Rs.7‚300 crore. 3. Rajiv Gandhi National Crèche Scheme for the Children of Working Mothers‚ Department of Women & Child Development‚ Ministry of HRD‚ New Delhi‚ Budgetary allocation 2008-09 - 91.88 crore. Budgetary allocation 2009-10 - 91.52 crore 4. Rajiv
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accountable to CAMCO. Larry Barr has recently been promoted to the district sales manager position for G.E. Appliances. One of his more important duties was the allocation of his district sales quota among his five salesmen. He received his 2002 quota in October 2001 at which time his immediate task was to determine an equitable allocation of that quota. This was important because the company’s incentive pay plan was based on the salesmen’s attainment of quota and a portion of his remuneration was
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satisfied‚ then move horizontally to the next cell in the second row. Step 4. If the supply for the first row is exhausted‚ then move down to the first cell in the second row. Step 5. If for any cell‚ supply equals demand‚ then the next allocation can be made in either in the next row or column. Step 6. Continue the process until all supply and demand values are exhausted. 2. The Least-Cost Method The least-Cost Method is a method for computing a basic feasible solution of
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Yale Investments Office whether to continue to allocate the bulk of the university ’s endowment to illiquid investments--hedge funds‚ private equity‚ real estate‚ and so forth. Important is to consider the risks and benefits of a different asset allocation strategy. Before the choice between different subclasses‚ e.g.‚ between venture capital and leveraged buyout funds would be analyzed it is advantageous to get first background information. Effective management of a university endowment requires
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for role allocation to occur. The individual must be suitably-fitted for his or her post. From a functionalist perspective schools sieve individuals in accordance to their ability for example by tiered examinations. This process in which educational failure is seen positively‚ aids role allocation. Parsons backed Durkheim’ s theory. He believed that education fulfils the function of secondary socialisation‚ thus allowing role allocation to occur. He firmly believed that role allocation was necessary
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It means that the return on every unit risk taken‚ portfolio P generates higher return than the other two assets. This makes sense because P includes both of VW and 30-year bond‚ by better allocation between these two assets‚ it is possible to generate higher return with lower risks due to diversification. (c) Standard deviation of your client’s portfolio p̂: σp̂ = WVWσvw = 80% ×(0.001902)0.5 = 0.0349 Giving the standard deviation of
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