KTV Hospital is a small hospital consisting of 30 beds. The permanent staff on the rolls is as follows: One supervisor‚ each drawing a salary of Rs. 8000 p.m. Four nurses‚ each drawing a salary of Rs. 6000 p.m. Four ward boys‚ each drawing a salary of Rs 2000 p.m. Two full time doctors‚ each drawing a salary of Rs 80000 p.m. Assuming that the hospital ran to full capacity for 150 days and 50 days with 10 patient beds. The following are the other expenses incurred during the year:
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Dinesh Singh English 11 Article Title: ...But Not at This Cost Author: Armstrong Williams 1. Speaker: The producer of this piece is Armstrong Williams‚ an African American male who is trying to prove with his points that African Americans are labeling themselves as victims to give themselves easier pathways. The bias is that Williams’s feels that African Americans are letting themselves be specially treated and given certain advantages because of their pasts. In the text Williams states‚
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colossal giants crumbling to their knees. The prime aim is to throw light at the subtle inconsistencies that can cost the companies far more than just money but their entire image. The asset of ‘good will’ has its nemesis in these unethical practices surfacing. Management accountants work inside a company‚ handling all internal accounting data. These individual often allocate production costs‚ create management reports and provide support for managerial decisions. Ethical issues can result from managerial
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START UP COSTS‚ ETC. Start-Up Costs With the start-up of any new company‚ it is very important to get all finances‚ start-up costs and maintenance costs together before actual start-up. Ample amount of research needs to be conducted in order to be sure that more or less a surplus of funds is obtained instead of not enough. Costs must be carefully researched to justify the amount of money actually being spent on the start-up of a new company. Costs needed to start up my Netflix type
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ACCOUNTING CO-ORDINATOR: P Gopaul Siphesihle Secondary PRODUCTION COST STATEMENTS LO2: AS 2: MANAGERIAL ACCOUNTING Prepare ‚ present‚ analyse and report on cost information for a manufacturing Enterprise by compiling a production cost statement. 1. The financial statements of manufacturing enterprises The financial statements of the manufacturing enterprise differs very little from those of the merchandising enterprise. Account titles on the balance sheet of the manufacturer are similar to those
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COST OVERRUN FACTORS AND PROJECT COST RISK ASSESSMENT IN CONSTRUCTION INDUSTRY - A STATE OF THE ART REVIEW SAVITA SHARMA 1 & PRADEEP K. GOYAL 2 1 Senior Lecturer‚ Department of Civil Engineering‚ Govt. Polytechnic College‚ Ajmer‚ Rajasthan‚ India 2 Associate Professor‚ Department of Civil Engineering‚ Govt. Engineering College‚ Ajmer‚ Rajasthan‚ India ABSTRACT This paper presents a state of the art review of major and frequently occurred cost overrun factors and project cost risk assessment
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Q1. Of the following production functions‚ which exhibit increasing‚ constant‚ or decreasing returns to scale? a. F(K‚L) = K2 L b. F(K‚L)=10K + 5L c. F(K‚L)= KL.5 Q2. Suppose the process of producing lightweight parkas by Polly’s Parkas is described by the function q=10K8 (L-40).2 Where q is the number of parkas produced‚ K the n umber of computerized stitching-machine hours and L the number of person-hours of labor. In addition to capital and labor‚ $10 worth of raw materials
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something from Amazon.com? Even if you haven’t‚ you’re probably well aware that BILLIONS are spent every month there on physical products. People are going there to buy all sorts of things‚ including costumes‚ stop watches‚ paper plates‚ wedding favors‚ kids books‚ party supplies‚ sleeping bags‚ wallets‚ handkerchiefs‚ … you name it‚ it’s selling there. Two of my friends are making over 300k per month in profit from selling physical products on Amazon… Without having to store or ship any inventory
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the question is. A ball and bat cost $1.10. The bat costs $1 more than the ball. How much does the ball cost? If you’re like most people‚ your immediate answer was‚ "Ten cents." And you’d be wrong. Check it out. The bat costs $1 more than the ball. So if the ball costs ten cents‚ then the bat costs $1.10‚ and the total cost would be $1.20. That’s too much. We could try something lower. How about seven cents? Then the bat would cost $1.07‚ and the total would be $1.14. Closer‚ but still
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Types of costs Classification of costs: • Materials – costs of raw materials‚ components and other goods used. • Labor – cost of employees wages and salaries. • Expenses – costs which cannot be included in materials and labor. Variable costs – these costs varies directly with changes in the level of quantity‚ over a defined period of time. Fixed costs – are not affected by the changes in the level of activity‚ over a defined period of time. Semi variable costs – for example
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