Strategic Cost Management ACCT90009 Seminar 1 Seminar 1 Subject Administration Introduction to SCM oduc o o SC Administration • Subject Coordinator Dr. David Huelsbeck Email: david.huelsbeck@unimelb.edu.au Room: 08.028‚ The Spot Phone: +61 3 9035 6256 Consultation Hours: Monday 4:15pm – 6:15pm • Seminars: Tuesday: 2.15 pm – 5.15 pm‚ FBE ‐ Theatre 211 (Theatre 2) Thursday: 6.15 pm – 9.15 pm‚ Alan Gilbert ‐ Theatre 2 Teaching Format and Resources • Seminar Format 3 hour seminar
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TYPES OF COSTS Introduction :-Production is the result of services rendered by various factors of production.The producer or firm has to make payments for this factor services. From the point of view of the factor inputs it is called ‘factor income’ while for the firm it is ‘factor payment’‚ or cost of inputs.Generally‚ the term cost of production refers to the ‘money expenses’ incurredin the production of a commodity. But money expenses are not the only expensesincurred on the production
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This is a lease agreement (Lease) entered into on ___________20__ between Mr. Joe Rodriguez here after referred to as the owner‚ and ______________ here after referred to as the tenant or lessee. 1. What is the difference between a. and a. Premises This lease is an agreement for the renting of an apartment located at 100 Windy Lane‚ Chicago‚ IL. Apartment number______. The landlord does not agree to lease to the tenant any other apartment or portion of the building; however‚ for the duration of the
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possession of the person‚ thus causing bad behavior. The ancient Romans believed that human behavior ebbed and flowed with the phases of the moon. The word ’lunacy‚’ which is derived from the Latin word ’luna’ for moon‚ reflected that belief. Bobby Joe Long through his span of terror he raped over 50 women and killed 10. He grew up with an extra x chromosome causing him to grow breast through puberty. This is the start of him building up that anger and taking it out on women. Him being teased all
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management concluded the large fixed cost absorbed sale figure. First it is important to understand the standard costing system implemented in Rubber group. Standard costing assigns quantity and price standards to each component of variable and fixed costs in calculating the total cost. In the case of NASA‚ the system uses standard purchasing price (input cost) and standard inputs usage in place for variable costs‚ and standard spending price (input cost) and standard
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reunite with them‚ it feels like your first time. Well that’s me with my delicious Grandma’s sweet peanut butter cookies from scratch. No matter how many times I eat them it always feels like their new to my taste buds. I will never forget the day my taste buds was in for a surprise. As I approach the turn to my Grandmother’s house‚ my stomach turns in the anticipation of the perfectly sweet peanut butter cookie smell that awaits. As my mother turn up the long narrow gravel road and parked the
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Full 23 chapters Horngren Cost Accounting 14e Solution Manual + Test Bank at https://sellfy.com/p/vB9y Cost Accounting‚ 14e (Horngren/Datar/Rajan) Chapter 12 Pricing Decisions and Cost Management Objective 12.1 1) Companies should only produce and sell units as long as: A) there is customer demand for the product B) the competition allows it C) the revenue from an additional unit exceeds the cost of producing it D) there is a generous supply of low-cost direct materials Answer:
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7 Habits of an Effective People By Stephen R. Covey Independence or Self-Mastery Habit 1: Be Proactive Take initiative in life by realizing that your decisions (and how they align with life’s principles) are the primary determining factor for effectiveness in your life. Take responsibility for your choices and the consequences that follow. Habit 2: Begin with the End in Mind Self-discover and clarify your deeply important character values and life goals. Envision the ideal characteristics
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The Smearing of Joe McCarthy Andrea Friedman’s “The Smearing of Joe McCarthy: the lavender Scare‚ Gossip‚ and War Politics” challenges readers to deeply conceptualize post-World War II sociological acceptance as it affects political practices (Friedman 1105). Friedman asserts that Senator Joe McCarthy was a target of sexual attack during a time that homophobia and anticommunism were one in the same. It was not so much McCarthy’s actual sexual orientation that was important‚ Friedman explains‚ but
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Ronald Coase noted‚“The cost of doing anything consists of the receipts that could have been obtained if that particular decision had not been taken.” For example‚ the opportunity set for this Friday night includes the movies‚ a concert‚ staying home and studying‚ staying home and watching television‚ inviting friends over‚ and so forth. The opportunity cost of taking job A included the forgone salary of $102‚000 plus the $5‚000 of intangibles from job B. Opportunity cost is the sacrifice of
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