SAP stands for Systems Applications and Products in Data Processing. It was Founded in 1972 by Wellenreuther‚ Hopp‚ Hector‚ Plattner and Tschira. SAP by definition is also name of the ERP (Enterprise Resource Planing) software as well the name of the company. SAP system comprises of a number of fully integrated modules‚ which covers virtually every aspect of the business management. SAP is #1 in the ERP market. As of 2010‚ SAP has more than 140‚000 installations worldwide‚ over 25 industry-specific
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Cardiovascular System CHAPTER SUMMARY The importance of the cardiovascular system cannot be overstated. This is one system that students frequently know something about‚ at least from a plumbing viewpoint‚ but they often don’t completely understand the complexity of the system and the magnitude of its tasks. An essential component of presentation of the material is then to outline in detail the role of the cardiovascular system and its significance to all other body systems. This chapter begins with
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profits reported under variable and absorption costing differ? How can we reconcile the profits reported under the two approaches? Profits reported under variable and absorption costing will differ when inventory increases or decreases during the year. The difference involves the timing with which fixed manufacturing overhead becomes an expense. Under variable costing‚ fixed overhead is expensed immediately as it is incurred. Under absorption costing‚ fixed overhead is inventoried until the manufactured
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Chapter 18 Ethers & Epoxides; Thiols and Sulfides Assigned Reading from McMurry: Read Sections 18.1 through 18.9; not responsible for “Focus on … Epoxy Resins & Adhesives‚ pp. 697-698). Recommended Problems from McMurry: 18.1a-e;18.18.2;18.3a-d; 18.4; 18.5a-d; 18.6a-b; 18.7a-b; 18.8; 18.9; 18.10; 18.11; 18.12a‚b; 18.13a‚b; 18.14a-c; 18.16a-f; 18.17; 18.18; 18.19a-c; 18.20; 18.21; 18.22; 18.23a-e; 18.24a-I; 18.25a-f; 18.26a-d; 18.27; 18.28; 18.29ad; 18.30a-e; 18.31; 18.32; 18.33; 18.34; 18
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& Service costing Service Costing Unit costing is the method of costing used when the cost units are identical. Identical cost units should have identical costs and this concept of equality of costs is the basic feature of unit costing. It may be noted that process costs‚ output costing and service costing are the sub-divisions of unit costing method. Service Costing – Nature and Problem: Service or operating cost is the cost of providing services. Service costing is the term
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Sonnet 18 begins with the narrator asking if he should compare the subject‚ which we will assume is a woman‚ to a summer’s day. Because Shakespeare asks if he should make this comparison implies that it is arbitrary. Shakespeare is asserting that Sonnet 18 could quite as easily be about the woman’s comparison to anything beautiful because she is more dazzling‚ or "more lovely"‚ as Shakespeare asserts in the second line when he begins his comparison‚ than any other beauteous object or concept in the
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Activity Based Costing and the Theory of Constraints are‚ respectively‚ Overhead Absorption Costing and Marginal Costing in a different guise Introduction In this assignment I will be investigating the assertion that Activity Based Costing and the Theory of Constraints are‚ respectively‚ Overhead Absorption Costing and Marginal Costing in a different guise. To analyse this statement I will compare ABC with Overhead Absorption Costing and Theory
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INTRODUCTION Life cycle costing is one of the various techniques in strategic management. It is a procurement as well as production costing technique that considers all life cycle costs. Besides‚ it is also a tool to determine the most cost-effective option among different competing alternatives to do a project‚ when each is equally appropriate to be implemented on technical grounds.This report will discuss life cycle costing in the view of production costing technique. In manufacturing‚ the
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theoretically unpaid) and retained firefighters (or auxiliary firefighters‚ who are paid for the specific time they are on duty‚ i.e. permanent part-time career firefighters) on call as required.[3] In such countries as the United Kingdom‚ the use of additional retained firefighters is standard. In Portugal‚ for example‚ the use of volunteer firefighters is standard‚ along with career firefighters. In Australia there are volunteer brigades which are mostly unpaid rural services‚ although traditionally
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Traditional costing versus Activity-based costing Advantages and disadvantages Costing systems are the programs that supply information about the value of direct labor hours and numbers of units produced. With the help of data such as product cost‚ the managers can generate estimation of cost associated with different activity carried in the organization. The costs systems operate by taking total cost as basic for calculation. Costing is essential for every organization‚ as every manufacturing and
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