TOTAL DIRECT LABOR COST VARIANCE CAN BE SPLIT INTO • Direct labor rate variance (P) Calculation: actual total labor costs - (total actual labor hours worked x budgeted labor hour rate) Interpretation: calculates the portion of labor costs variance driven by the changed labor rate per hour Possible reasons for variances: changes in staff qualification and skills‚ general increase of wages in economy‚ premiums paid to finish a job quickly‚ poor budgeting • Direct labor quantity (efficiency) variance
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1.0 Kim’s Game Kim’s game was the first game that I played in class. This game was known as the was played by Boy Scouts ‚ Girls and girls guides. The game is to teach the person to observe and remember the details. The history is in Simla ‚ British India ‚ there was a person name Kim. He was a teenager who being trained as a spy that stay in Mr Lugan house. He ostensibly runs a jewel shop but the truth is he was engaged to spy the British against the Russians. In class
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Video Games Video games originated as a new form of relaxation back about 30 years ago‚ with the first ones being just basic ideas and basic goals. But as time has gone on they have grown into a far greater thing spanning to all walks of like. There are hundreds of ways to help alleviate the stress you experience every day‚ so I’m going to focus on one that many of you may not have considered before: video games. If you’re in a stressful situation that you can’t avoid‚ it’s important to take
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SYNOPSIS Topic of study: A comprehensive study of Training & Development programs that has been carried out by Cadbury India Ltd.‚ Delhi. Rational behind the study: Training plays a vital role in effective functioning of any company. The efficiency and productivity of worker working in an organization not only depends upon the skills they possesses or working environment‚ they are working in‚ but also depends upon the policy of the company of providing training to the employees according to the
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Gentrification at a Cost “It’s a great neighborhood‚” a testament to Clybourne Park said by former resident‚ Kevin Taylor. Kevin was a small man‚ about 5’8”‚ grey haired and with a black bowler hat. He wears navy blue slacks‚ a red button up-shirt with a blazer over it. He walks with a slump in his step as though something is wrong but he doesn’t quite know what. He hadn’t lived in Clybourne Park for five years‚ moving out in July of 2011‚ during a period many refer to as heavy gentrification. In
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Have you heard about the ultimate game of economics? Here’s how it goes. A person - let’s call him proposer - is given a hundred bucks and asked to split the money with a stranger‚ called responder. The split doesn’t have to be equal. Proposer could split it 50-50 or he could even keep 90 for himself and offer 10 to the stranger. But the condition is that if the responder rejects the offer‚ none of them get any money. If you were the responder‚ at what split ratio would you accept the offer? 50-50
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Cost Volume Profit Analysis (CVP Analysis) 3.1 Introduction * CVP analysis is a systematic approach of examining the relationship between the changes in volume‚ cost‚ revenue and profit. The main objective of this analysis is to establish what will happen to the financial results if a specified level of activity fluctuates. * This analysis is useful especially to plan the future production and sales activity that will enable the firm to maximize profit and at the same time it
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11 Allocation of Joint Costs and Accounting for By-Product/Scrap Objectives After completing this chapter‚ you should be able to answer the following questions: LO.1 LO.2 LO.3 LO.4 LO.5 How are the outputs of a joint process classified? What management decisions must be made before beginning a joint process? How is the joint cost of production allocated to joint products? How are by-product and scrap accounted for? How should not-for-profit organizations account for the cost of a joint activity?
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There are many things in this world that can both benefit and hinder a person’s ability to learn. Whether the learning experience is in school‚ or if it is at home‚ television‚ many types of music‚ cell phones‚ have all been studied to cause problems when people try and learn. However‚ many technological devices and systems have been shown to help or even improve the ability to learn and understand things. In a 2009 survey done by the Entertainment Software Association (ESA) found that both the video game market and the c
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Sales of video games have more than quadrupled from 1995-2008‚ while the arrest rate for juvenile murders fell 71.9% and the arrest rate for all juvenile violent crimes declined 49.3% in this same period. The 2008 study Grand Theft Childhood reported that 60% of middle school boys that played at least one Mature-rated game hit or beat up someone‚ compared to 39% of boys that did not play Mature-rated games. California passed a law in 2005 that would have required violent video games to include
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