ratio)‚ profitability of different products is judged. On the other hand‚ under absorption costing system‚ the fixed cost is charged to cost of production. A reasonable share of fixed cost is to be borne by each product & thereby subjective apportionment of fixed overheads influences the profitability of product. 3. Under marginal costing‚ the presentation of data is so oriented that total contribution & contribution from each
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Synopsis Roll No. 09BAL102 CRITICAL ANALYSIS OF VODAFONE-HUTCH MERGER CASE PROJECT FOR THE SUBJECT OF Mergers and Acquisition SUBMITTED BY ALOK RATNOO Semester – VII B.A.LL.B. (Hons.) UNDER THE GUIDANCE OF Mr. Victor Nayak Asst. Prof.‚ ILNU Submitted to INSTITUTE OF LAW NIRMA UNIVERSITY‚ AHMEDABAD ACADEMIC YEAR (2012-13) Title: CRITICAL ANALYSIS OF VODAFONE-HUTCH MERGER CASE Introduction Vodafone was embroiled in a $2.5 billion tax dispute with the Indian
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Idea Protection • DURATION: forever o Protectable under property or contract theory (mostly contract theory). o Obligation to pay‚ if the idea was novel or used by the defendant‚ and the idea is in concrete for and there was an expectation that defendant would pay for use. • Express‚ implied‚ quasi contracts • Quasi contract claim: someone has been unjustly enriched/unjust enrichment claim—parties may not even know each other. REQUIRES A HIGH LEVEL OF NOVELTY o E.g. Entertainment industry;
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LS503-01: Jurisprudence and Legal History Professor Hugo Valverde Term: October 2014 Unit 3 Legal Memorandum M e m o r a n d u m TO: Attorney for Lucky Spoon Cafe FROM: Dow L Pettis-Paralegal RE: Shooting Death of Louis Jones DATE: September 28‚ 2014 Question Presented The owner of the café did not allow a non-customer to use the phone‚ does this mean the owner of the Lucky Spoon Café is negligent in the death of Louis Jones
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THE THREATS TO THE RELEVANCE OF MANAGEMENT ACCOUNTANTS IN TODAY’S BUSINESS. The management accountant is faced with a lot of threats which are further highlighted below: 1. Problem of information 2. Lack of required managerial skill 3. Use of obsolete technological know how 4. Inadequate training 5. Problem of uncontrollable cost 6. Problem of Cost allocation 7. Low Salary Scale/Remuneration 1. Problem of lack of information There is a saying that “if you are not updated you
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Bolton Metropolitan Borough Council v Municipal Mutual Insurance Co. Ltd& another [2006] 1 WLR 1492. It concerned claims brought forward by employers who were sufferers of mesothelioma‚ due to the prolonged exposure to asbestos. Traditionally‚ employer’s liability in the UK has always adopted the practice of the ‘exposure’ principle in formulating cover for mesothelioma claims. Therefore the employer’s liability policy at the time when the claimant was exposed to asbestos would respond instead of
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Just in time (JIT) is described as a philosophy‚ managerial concept or manufacturing strategy. It achieved fame in the late 1970’s through Taiichi Ohno and is used in many companies till this day especially automotive industries. Just in time was originally a practice of the Toyota motor company in Japan. Chakravorty and Atwater 1995 (cited in Singh and Ahija‚ 2015) suggest that the fundamental of Just in time philosophy is continuous improvement in process through removal of all types of waste.
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classifications‚ such as materials‚ labour‚ power‚ electricity‚ fuel etc. Cost assignment is a general term used to cover 1. Tracing of costs to cost objects‚ 2. Apportionment of costs to cost objects‚ and 3. Application of costs to cost objects often termed as cost absorption. 3. Define Cost apportionment and Cost absorption. Cost apportionment is “The allotment to two or more cost centres of proportions of the common items of cost on the estimated basis of benefit received.” Cost Absorption
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order of things‚ it is not a useful way to talk about human variation. Skin color alone does not provide any reliable information about at person’s race‚ culture‚ or susceptibility to disease. Ryan A. Brown and George J. Armelagos in the review‚ Apportionment of Racial Diversity‚ makes a good point by saying‚ “A single trait such as skin color will result in a classification system that is easily determined.
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The Legal Drinking Limit If underage drinking has been an ongoing controversy spanning years in the United States‚ why is the issue not under control yet? For years there has been a debate on whether the legal drinking age should remain twenty-one or be reverted back to eighteen. This controversy has been heavily discussed for years bringing to light many positives and negatives to both sides of the situation; however‚ I believe that the pros to lowering the legal drinking age outweigh the cons
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