A Note on Direct Costs Garrison et al.[1] define direct cost as a cost that can be easily and conveniently traced to a specific cost object. They go on to say that the concept of direct cost extends beyond just direct materials and direct labor. This is a reasonably accurate definition but I think you need a little more information to help you understand how to use this concept. There are certain features of direct costs that I would like to explain with this note. In the problems in Chapter
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OZ Car Clean Pty Ltd It is a full-service car wash facility located in St Leonard’s (just off the Pacific Highway). The principal owners‚ Geoff and Sandy (husband and wife team) are also the full-time managers. They have vast experience in the management of finances‚ personnel‚ and equipment. Geoff was previously a Car Wash Facility Manager in Brisbane for two years‚ before starting OZ Car Clean Pty Ltd in August of 2005. Business was slow to begin (for the first year or so)‚ but then many regular
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general ethics to business behavior ‚its is the extension of individual/group ethics to business situations. Source:http://www.slideshare.net/ajithsrc/hrm-ethics Managerial Ethics: 1. Managerial ethics are a set of standards that dictate the conduct of a manager operating within a workplace. Author: Alex Burke 2. Managerial Ethics: Ethical management is the knowledge of standards in both accounting and corporate governance‚ and recognition of the link between ethics and organizational
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A solar car is a solar vehicle used for land transport. Solar cars combine technology typically used in the aerospace‚ bicycle‚alternative energy and automotive industries. The design of a solar vehicle is severely limited by the amount of energy input into the car. Most solar cars have been built for the purpose of solar car races. Exceptions include solar-powered cars and utility vehicles. Solar cars are often fitted with gauges as seen in conventional cars. To keep the car running smoothly‚
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Managerial Ethics Personal Learning Paper This paper is a summary of my understanding of how ethics has helped base my belief system on a personal level as well as in the workplace as a professional. The learning process is perpetual and the recent class on Managerial ethics has given me new insightson how I can still hold onto my own values while remaining respectful to those whovalue different ethical perspectives.Ethics can be defined as a philosophical study of moral values based on the
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Accounting 211: Introduction to Managerial Accounting Fall 2013 Syllabus Professor Feng Gao‚ Ph.D. Phone: (312) 996 – 4438 Office Hours: Monday 1:00 – 2:00pm 2321 UH Wednesday 1:00 – 2:00pm 2321 UH Teaching Assistant Uma Mulakala Office Hours: Tuesday 1:00-3:00pm 2347 UH Thursday 1:00-3:00pm 2347 UH Anita Ivanova Office Hours/Review Sessions: TBA Course Email: actg211uic@gmail.com Class Schedule 27836 11:00-11:50 M/W/F LC A001 27837
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Grade 8 Anecdotal Short Stories Unit How to Write an Anecdotal Story Anecdote - A short account (or narrative) of an interesting or amusing incident‚ often intended to illustrate or support some point. Adjective: anecdotal. Anecdote From Wikipedia‚ the free encyclopedia An anecdote is a short and amusing or interesting story about a real incident or person. An anecdote is always presented as based on a real incident involving actual persons‚ whether famous or not‚ usually in
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Term Paper Managerial Success Productivity is the essence of any work environment. Despite the type or arena of employment; workers produce something whether it is an object or an intangible item. Many occupational tasks are manual‚ clerical‚ or intellectual. Despite which type of task; a manager is responsible for the product‚ which is a large responsibility. Such responsibility necessitates skills such as goal setting‚ planning‚ implementing‚ and controlling. These four skills dictate the
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Raymond Castillo Managerial Communications (Man-373-OL009) Written Assignment 1 Hynes introduces a calculated approach to managerial communication by dissecting it into three separate‚ yet mutually dependent functions. Hynes believes that with these approaches‚ management and employees alike can learn to adapt to one another to create an effective work force. The first layer is based on the idea that an employer and his employees can create a positive work atmosphere with the communication climate
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Lecture: 01 13.01.15 Introduction to business A business is any organization that tries for profit by providing goods and services that meet customer needs. It deals with exchange of products and services in exchange of money. Business is an integrated process of exchanging values between an organization and its customers. Business involves the exchange of goods‚ services or money for mutual benefit. How people form the core of a business? The human element is the core of a business. Business needs
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