Classify each cost listed below as either a product cost or a period cost for purposes of preparing the financial statements for the bank. 1. The cost of the memory chips used in radar set. * Product Cost 2. Factory Heating Cost * Period Cost 3. Factory Equipment maintenance costs. * Period Cost 4. Training costs for new administrative employees * Period Costs 5. The cost of the solder that is used in assembling the radar sets. * Product costs 6. The Travel
Premium Costs Fixed cost Variable cost
Cost Accounting – Classification of costs Cost accounting refers to a process of accumulating‚ recording‚ classifying and analyzing all costs incurred at various levels of production. The purpose of cost accounting is manifold. It provides a final selling price‚ suggests the best possible course of action where maximum savings are possible and a strategy for future. Cost accounting is also constructive in comparing the input and output results that ultimately aids the management to arrive at a financial
Premium Costs Cost
identified as domestic violence; far more than men are. Statistically speaking women are overwhelmingly prone to be at higher risk of abuse in intimate relationships than men are. For instance‚ there are countless domestic violence occurrences that fly under the radar due to the fact that an overwhelming percentage go unreported. Based on the statistics that are available‚ one can easily illustrate that women are primary targets for domestic violence. For starters‚ when domestic violence comes
Premium Rape Domestic violence Abuse
with running a household‚ and raising children. This range of responsibilities was often grouped together and called the “domestic sphere”. On the other hand her husband would handle all matters of the law‚ of society‚ and of employment‚ maintaining control of the “public sphere”. The idea of two spheres meant that women could be easily subordinated to one sphere. The domestic sphere that existed in the nineteenth century affected every facet in the life of an American woman by reducing a woman’s
Premium United States Declaration of Independence Seneca Falls Convention Elizabeth Cady Stanton
surprised to receive a speaking partner assignment six week into the semester. I had already started on my alternative assignment about Switzerland. My options from Pathway support were to finish my mid semester essay; then either continue with the alternative assignment or change to the speaking partner assignment. My speaking partner was Francis who lives in Lima‚ Peru with his family. Through our weekly calls I learned he chose to wait on having a speaking partner until he felt more confident with
Premium
Topic 6: Management Accounting and Cost Case: Shelter Partnership a. My main learning outcomes from Topic 6 and the Case Study; 1) Firstly‚ I realize management accounting has much to offer. Somehow I can handle physics but not accounting. Now thanks to this course I can appreciate and make sense of it. The bit that really caught my attention was seeing how management accounting can be really useful for business planning‚ cost management‚ budgeting and performance measurement. It offers
Premium Cost Cost accounting Costs
12 April 2010 GDP and Beyond Measuring Economic Progress and Sustainability By J. Steven Landefeld‚ Brent R. Moulton‚ Joel D. Platt‚ and Shaunda M. Villones T HE United States provides some of the most highly developed sets of gross domestic product (GDP) accounts in the world. These accounts—which are collectively known as the national income and product accounts (NIPAs) or national accounts—have been regularly updated over the years and have well served researchers‚ the business community
Premium Gross domestic product Household income in the United States
It is difficult to assess risk in domestic violence cases. Reliance upon previous conviction records will underestimate professional judgements about the probability of further domestic violence (Richards‚ 2004‚ cited by Barnish 2004‚ p. 68). Domestic violence is a pattern of entrenched beliefs and having access to previous police call outs has provided me with a better insight in to the levels of abuse but by no means has it provided a complete picture (Barnish 2004‚ p. 68). Evidence suggests that
Premium Domestic violence
------------------------------------------------- ASSIGNMENT ON COST CONTROL AND COST REDUCTION ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- -------------------------------------------------
Premium Cost Costs Cost accounting
Lean Six Sigma training offerings vary greatly. Offerings include 5 days to get certified as a Black Belt (guaranteed) all the way up to 20+ days of training with no guarantees unless the student demonstrates competency over following months. Offerings also include Green Belt level courses with a bundle of six sigma tools all the way up to Green Belt training that includes a comprehensive array of both lean‚ six sigma and facilitative leadership methods. Which one do you buy into? Which one will
Premium Six Sigma Lean manufacturing