additional costs incurred. Actual variable costs increased from $218 to $247.50‚ causing an unfavourable flexible-budget variable cost variance of $59 457. The next section‚ 3.2 Variable and Fixed Variance Analysis‚ will look into the specific causes of this increased in cost and resources consumed. Understanding the reasons why actual results differ from budgeted amounts can help Barnes better manage its costs and pricing decisions in the future. If Barnes have not been able to pass these costs on to
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Manufacturing Costs [LO1] Your Boat‚ Inc.‚ assembles custom sailboats from components supplied by various manufacturers. The company is very small and its assembly shop and retail sales store are housed in a Gig Harbor‚ Washington‚ boathouse. Below are listed some of the costs that are incurred at the company. Required: For each cost‚ indicate whether it would most likely be classified as direct labor‚ direct materials‚ manufacturing overhead‚ selling‚ or an administrative cost. 1.
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cleaners and hand wash. History: ACI Limited was established as the subsidiary of Imperial Chemical Industries (ICI) in the then East Pakistan in 1968. After independence‚ the company was incorporated in Bangladesh in 1973 as ICI Bangladesh Manufacturers limited as a Public Limited Company. In 1992‚ the company was divested to local management and the name of the company changed to Advanced Chemical Industries (ACI) Limited. ACI inherited the rich ICI culture of product quality‚ customer service and social
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a. Did Altex need a new system? (What are the most critical problems facing Altex at the takeover? what does Ted see as the purpose of a control system? Did Altex meet their objectives?) Yes‚ Altex really need a new system‚ because Altex is facing some critical problems at the takeover by Ted and Franck. The first most critical problem is the actual management system: the system in place was one accountant (Sarah Arthur) who kept everything in her head. The system was incomprehensible and complicated
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Shipbreaking Activities in Bangladesh and collision of Marine Biodiversity Prabal Barua Associate Program Officer YPSA The marine environment of the coastal water is vital to mankind on a global as well as on local basis concerning energy. Man is becoming a dominant part of the ecosystem in many regions‚ due to his various uses of the marine environment. So the health of marine ecosystem is an important factor in man own existence. The Bay of Bengal which is a potential bode of marine life as well
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Chapter-1 Introduction 1.1 Introduction Motivating high performance in pharmaceutical sales teams is a growing issue in the pharmaceutical industry. The challenges facing the pharmaceutical industry in motivating sales teams are compounded by a variety of factors that many other industries do not face including: government regulation of sales practices‚ non-direct tracking of sales results‚ and the impact of managed care on sales performance. By impacting a few key team process and compensation
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A Report on Cosmetic & Toiletries Industries of Bangladesh Mansur Ahamed (Ph. D) Research Department‚ JBBC Corporation 1 JBBC K.K. Tokyo To‚ Toshimaku‚ Higashi Ikebukuro‚ 1-20-2‚ Room 502‚ Japan. info@jbbc.co.jp Table of Contents Executive Summary 3 1. Introduction 4 2. Overview of the cosmetics & Toiletries Industries in Bangladesh 4 3. Product Items 6 4. Market Size 6 5. Toiletries Industry in Bangladesh 7 6. Market Player 8 7. Growth of Cosmetic
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Term Paper On Problems & prospects of Mobile Banking in Bangladesh Business Research Methodology Course Code: CB-606 (A Term Paper submitted as a partial requirement for the fulfillment of the course CB – 606: Corporate Finance & Banking; in the Department of Banking & Insurance‚ University) Submitted to Dr. Rafiqul Islam Professor & Chairman Department of Banking. University of Dhaka
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1). Fixed cost per unit decreases when: a. Production volume increases. b. Production volume decreases. c. Variable cost per unit decreases. d. Variable cost per unit increases. 2). Prime cost + Factory overhead cost is: a. Conversion cost. b. Production cost. c. Total cost. d. None of given option. 3). Find the value of purchases if Raw material consumed Rs. 90‚000; Opening and closing stock of raw material
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Decision Making 13.3 Types of Costs 13.4 Types of Choices Decisions 13.5 Make or Buy Decisions 13.6 Addition / Discontinuance of a Product line 13.7 Sell or Process Further 13.8 Operate or Shut down 13.9 Exploring New Markets 13.10 Maintaining a desired level of profit 13.11 Summary 13.12 Terminal Questions 13.13 Answers to SAQs and TQs 13.1 Introduction In the previous unit we learnt about Marginal Costing. Marginal costing is the ascertainment of marginal cost and of the effect on profit
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