CHAPTER 8 ABSORPTION AND VARIABLE COSTING Learning Objectives 1. Explain the accounting treatment of fixed manufacturing overhead under absorption and variable costing. 2. Prepare an income statement under absorption costing. 3. Prepare an income statement under variable costing. 4. Reconcile reported income under absorption and variable costing. 5. Explain the implications of absorption and variable costing for cost-volume-profit analysis. 6. Evaluate absorption and variable
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MARGINAL AND ABSORPTION COSTING Marginal costing is a technique in which production units are valued at marginal cost of production and fixed costs are written off as period costs. It follows that‚ stocks are valued using only the variable cost of production whereas fixed costs are treated as relating to the period and must be taken off in total. Management accounting is based on marginal costing. TERMINOLOGY USED. Gross contribution: Is the difference between sales value and variable costs
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[pic] 1. Personal Interview My family and I 1. My name is _______________________________________________ 2. My last name is ___________________________________________ 3. I was named after my ______________________________________ 4. Professions- מקצועות ➢ My father is a sales agent / a contractor / an engineer / a physician / a clerk / a shop owner / / a lawyer / a chairman of a company/ a manager / an accountant / a steward / a pilot / a computer programmer / a
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Lab 11- Plant pigment and Photosynthesis Zelda Salfati December 20th‚ 2012 BIOL 1012Y Partners Lab: Nicole Mintz‚ Bayla Kronman
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Plant Pigment Lab Question: What pigments are present in Red Wandering Jews? Background: A leaf is filled with many pigments. The pigments are usually masked by the prevalence of the green chlorophyll. Anothocyanin(red or purple)‚ carotene(orange)‚ and xanthrophyll(yellow) are found in different proportions in different leaves. Leaf pigments can be separated by using paper chromatography. Paper chromatography is a technique that extracts pigments into a paper filter called chromatogram. What are
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Parents can encourage the development of language skills by communicating with their child and listening to them so that they can practice.How can parents avoid temper tantrums? What are the A‚ B‚ Cs? Do you think using consequences and following the ABC process will help shape a child’s behavior? Why or why not? Your second lab link can be found at Developing Language Skills in Babies. A written transcript is also available for this lab. What are some of the reasons why people may not talk
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on Earth has evolved to us life to its advantage to survive. If you were to take a prism and put light to it‚ it can slow light down by a fraction by revealing its much more colourful side. This is commonly known as the visible light spectrum. On one end of the spectrum you have red and on the other you have Violet. Red is red because its wavelengths are larger and has a larger Frequency. A frequency is the level of energy is it giving off and is determined by its wavelength‚ the larger the wavelength
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Digestion/ Absorption and Homeostasis In order to survive‚ our bodies must bring in energy and nutrients for the cells of the body through eating and digestion of food. To be carried to the cells of the body by the blood stream‚ food must be broken down to molecules. This breaking down of food into molecules‚ small enough to be absorbed into and carried through the blood stream‚ is carried out by the digestive system through the process of digestion and absorption. Digestion is the process of
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Electromagnetic Spectrum 299‚792‚458 m/s – speed of light 186‚282 mile/s Speed of light = WL x Frequency C=(^)(v) Wavelength sa Electric field Band Designations: ELF- extreme low – 3-30hz SLF- super – 30-300hz ULF- ultra – 300hz-3khz VLF – very – (Vice Versa) LF – low MF – medium HF – VHF – UHF – SHF – EHF – 30-300ghz Standard Frequency JJY- japan – 40khz‚ 60khz MSF – Rugby‚England – 60khz‚5km‚3.1miles) WWVB‚ Colorado‚USA (60khz) HBG – Switzerland (75khz) DCF77 – main‚Germany (77.5khz) LORAN-
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Abstract: In this experiment the conversion of alcohols to alkyl halides are investigated through reflux and simple distillation. These are common procedures used to separate substances. After the reflux and distillation is complete 13C NMR and IR spectrum is used to identify the product or products for each reaction: 1a‚ 1b‚ and 2. Every individual in the group was assigned either 1a (1-propanol) or 1b (2-pentanol)‚ and 2 (1‚4-dimethyl-3-pentanol). The purpose of this experiment was to understand
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