business concept and must never be confused with profit. The contribution of a product refers to how much it contributes to the fixed costs and profit of the business once variable costs have been covered. It can be calculated either per unit of output or in terms of total contribution of all units produced. Contribution ignores fixed costs and only considers any surplus left once variable costs have been subtracted from revenue. Hence‚ contribution is what a product contributes towards the fixed costs
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schools; and the lonely transfer student in a large clique based university campus. Initially‚ I felt out of my element in every situation. I noticed differences in language‚ manners‚ physical features‚ and apparel‚ but instead decided to focus on my contributions to a group. Learning about my heritage and the hardships my family endured in a foreign country taught me about discipline‚ honesty‚ perseverance‚ responsibility‚ and tolerance. I trained myself to look past my distinctions‚ because I valued my
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POLICE AND CRIME PREVENTION IN NIGERIA Akintunde Kabir Otubu ~ Sunday A. Coker Introduction The importance of law and order to orderly development and growth of a society‚ both in the physical and economic sence‚ cannot be over emphasized. It is only a mind that is secured and at peace that can rationally address the issues of procreation‚ economic development and societal growth. A disturbed mind is a restless and distraught personality. It is therefore imperative to have peace and order in the
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My dream for Nigeria is for a safe country. A country where there are no armed robbers‚ where one can safely walk around in the night; gather together with friends and family without being robbed: a great and corrupt-free Nigeria. Without corruption Nigeria would be a great country‚ where things will work. My dream for Nigeria is a country of hardworking and honest people - where its leaders do not enrich themselves with public funds: I dream of a Nigeria where politicians are not greedy or steal
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Design principles The engineer’s contribution to society F O R E W O R D The Royal Academy of Engineering’s Visiting Professorship Scheme in Principles of Engineering Design appointed skilled and successful practising engineers to contribute to the teaching and development of undergraduate courses. The professors appointed not only expressed their enjoyment of this opportunity‚ but also expressed an interest in formulating fundamental design principles. We decided to try and define these
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The Contributions of Thomas Edison 13385809652000 Mckenzie Reiss Hum 20-1 September 9‚ 2014 Thomas Alva Edison was an American inventor‚ who lived from 1847 to 1931. During his lifetime‚ he made many contributions that have helped society advance to what it is today. He held over one thousand ninety three patents in the US‚ including additions to the telegraph and the incandescent light bulb. Although this man came from humble beginnings‚ he achieved greater and more ambitious things
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income statement is set using a contribution format. The contribution format centers on the idea that each unit sold provides a certain amount of contribution margin that goes to covering fixed costs. In 2004 expenses like distribution and transport (29‚988) and the sales commissions (73‚573) have been reclassified (contribution format) as variable selling costs on page 33 ([104]). 2. Why do you think cost of sales is included in the computation of contribution margin on page 33? Benetton’s
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Ancient Greek Contributions Ancient Greece forged many of the contributions seen in western civilizations. One of the most influential contributions is literature. Those contributions where very important then and still are today. The importance of Greek literature is found when looking at the texts of western civilization. Greek writers created the form and foundation for later writings. By opening Greece to the idea of writing‚ literature introduced new forms of entertainment‚ record keeping
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There are many things that the European culture had that was because of the Byzantium Empire. If not for these contributions‚ then there could be a remarkable difference in how things are today. The Byzantium Empire’s contributions to European culture has had an effect on society today through architecture‚ economy and laws. First‚ the architectural contributions that the Byzantium Empire had given to the European culture will be discussed. One of the architectural achievements of the empire was
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Today’s world is slowly developing one global culture. Countries share elements of their cultures with one another‚ and groups of people grow to understand one another better. The United States of America is a great example of a country whose culture is comprised of bits and pieces of many other cultures. One culture in particular that has had an effect on many Americans is the Chinese culture. China’s long history has seen some extremely important inventions emerge‚ most noticeably gunpowder‚ paper
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