Wages means the amount paid to the labor for his services to the employer. Q. Explain the nature of wages? (2 marks) It is remuneration Basis (time‚ task‚ piece‚ commission) Payable by the employer Important component of labor cost Important variable Fair and reasonable value Q. Explain the significance of wages (2 marks) Acts as motivator Helps in employee retention Provides satisfaction Used to attract labor Helps in collecting information Q. Bring out the difference
Premium Employment Minimum wage Wage
Corporate Law 1. Discuss the position of guarantee in respect of loans to a minor. 2. Does the release by the creditor of one of the sureties discharge the others? 3. Explain the provisions relating to appointment of directors in Producer Company. 4. Two separate company wish to amalgamate. State the steps which they must take for this purpose. 5. Does the failure of inspector to submit his or her report in time amount to an end to investigation? 6. A‚ the secretary of the company is also a minority
Premium Rate of return Cash flow Net present value
G Different Methods for Cost Estimation Expert Judgment Method Expert judgment techniques involve consulting with software cost estimation expert or a group of the experts to use their experience and understanding of the proposed project to arrive at an estimate of its cost. Generally speaking‚ a group consensus technique‚ Delphi technique‚ is the best way to be used. The strengths and weaknesses are complementary to the strengths and weaknesses of algorithmic method. To provide
Premium Software engineering Project management Software development
the need for a bigger stadium‚ and more complaints about seating‚ parking‚ long lines‚ and concession stand prices (see Southwestern University: C‚ in Chapter 6). Southwestern University’s president‚ Dr. Joel Wisner‚ was not only concerned about the cost of expanding the existing stadium versus building a new stadium‚ but also about the ancillary activities. He wants to be sure that these various support activities generate revenue adequate to pay for themselves. Consequently‚ he wants the parking
Premium Cost Soft drink Costs
Chapter 8 Cost Estimation and Budgeting 8.1 True/False 1) Direct costs are those clearly assigned to the aspect of the project that generated the cost. Answer TRUE 2) Material is an example of a cost that is recurring‚ variable and direct. Answer TRUE 3) An expedited cost is one that does not vary with respect to their usage. Answer FALSE 4) An order of magnitude estimate is usually more accurate than a ballpark estimate. Answer FALSE 5) Comparative estimates are more accurate than definitive
Premium Costs Cost Variable cost
Factory Office 1‚500 500Rent Factory Office 5‚000 2‚500Commission to Salesman 1‚250Advertising 1‚250Income Tax 10‚000 Sales1‚89‚500Q1. Prepare the cost sheet Q 2 Prepare a cost sheet for the year ended March 31‚2009 Stock of finished goods ( April 1‚ 2008) 6‚000Stock of raw materials (April 1‚ 2008) 40‚000Work in Progress (April 1‚ 2008) 15‚000Purchase of raw Material 4‚75‚000Carriage inwards 12‚500Factory rent
Premium Material Raw material Materials
What is included in the cost basis of a long- lived asset? Explain for a least two types of such assets. Add the original price of your investment and any transaction costs. For example‚ if you buy 100 shares of stock at $10 per share and pay a $20 broker’s commission‚ your purchase expense totals $1‚020. Disregard dividends or other income you receive as cash while you own the investment. Dividends or interest are classified (and taxed) by the Internal Revenue Service as ordinary income and
Premium Depreciation
Marginal Costs and Benefits Marginal analysis is a technique used in microeconomics by which very small changes in specific variables are studied in terms of the effect on related variables and the system as a whole. Marginal costs and benefits are a vital part of economics because they help to provide the relevant measurement of costs and benefits at a specific level of production and consumption (McCain‚ 2008). This is the reason why I’ve chosen this topic for my paper. We use economics
Premium Economics
macroeconómico 4.3 Variables macroeconómicas 4.4 Ciclo de vida 4 Análisis de la Empresa (RYANAIR) 5.5 DAFO de la empresa 5.6 Balance financiero 5.7 Ratios económicos 5.8 Ratios financieros 5 Investigación de mercados 6.9 Fase cualitativa 6.10 Fase cuantitativa 6.11 Conclusiones y recomendaciones 6 Conclusión 7 Anexo 8 Bibliografía Echo para la IEDE. 1. Introducción Definición del las aerolíneas de low cost Las políticas mundiales
Premium Estado Empresa Medio ambiente
Journal of Cleaner Production 11 (2003) 667–676 www.cleanerproduction.net The use of Environmental Management Accounting (EMA) for identifying environmental costs Christine Jasch ∗ ¨ Institute for Environmental Management and Economics‚ IOW‚ Rechte Wienzeile 1915‚ A-1040 Vienna‚ Austria Received 28 August 2001; accepted 27 June 2002 Abstract The Expert Working Group on “Improving the Role of Government in the Promotion of Environmental Management Accounting (EMA)” was set up by the
Premium Management accounting Cost Costs