------------------------------------------------- ASSIGNMENT ON COST CONTROL AND COST REDUCTION ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- -------------------------------------------------
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INTERNATIONAL B-SCHOOL SUBJECT: FINANCIAL & COST ACCOUNTING Total Marks: 80 N.B.: 1)Allquestionsarecompulsory 2) All questions carry equal marks. Q1) ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In addition‚ ABC Ltd will have to incur costs of Rs 1.50 per unit for freight and Rs 10‚000
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Case studies for use in Groups (First in first served! Once a group has chosen a case study‚ it is no longer available for another group. Choose carefully‚ some are more difficult than others‚ offering the chance to shine! Remember: you need to carry out ethical due-diligence. Good recommendations foresee different possible outcomes and challenges.) 1. You are a management team at a bank that is feeling competitive pressures: the financial crisis has made international borrowings more expensive and
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Puerto Galeranational High School A Study of Classroom Disciplinary Problems In Puerto Galera National High School Fourth year Lower Section The Problem INTRODUCTION The concept of discipline or of disciplinary procedures as a characteristic of the condition in teaching presents some serious problem that leads to create a research for the sake of the students also in part of the teachers. Within this study are discussions of behavior problems and attitudes of pupils toward school
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•Money Markets: the market where short-term securities are bought & sold•Capital Market: the market where long-term securities such as stocks & bonds are bought & sold•Primary Market: the market in which new issues of securities are sold to the public•Secondary Market: the market in which securities are traded after they have been issued•Initial Public Offering (IPO)–First public sale of a company’s stock–Requires SEC approval•3 Choices to Market Securities in Primary Market–Public offering–Rights
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Part A : Introductory Microeconomics Unit 1: Introduction Meaning of microeconomics and macroeconomics What is an economy? Central problems of an economy : what‚ how and for whom to produce; concepts of production possibility frontier and opportunity cost. 10 Periods Unit 2: Consumer Equilibrium and Demand 32 Periods Consumer’s equilibrium – meaning of utility‚ marginal utility‚ law of diminishing marginal utility‚ conditions of consumer’s equilibrium using marginal utility analysis. Indifference
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ASSIGNMENT ON COST CONTROL AND COST FREDUCTION SUBMITTED BY‚ MOHAMMED NAFAISE E.K ROLL NO: 1600 COST CONTROLL & COST REDUCTION COST CONTROL The practice of managing and/or reducing business expenses. Cost controls starts by the businesses identifying what their costs are and evaluate whether those costs are reasonable and affordable .Then if necessary
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GROUP ASSIGNMENT TWO Case Study: The Case of the Unidentified Risks In September 2010‚ ALFA Fabricators advised its staff that their new factory and offices out in semi-rural Angle Vale would be ready for completion by the end of April 2012. ALFA was a responsible company and liked to keep their premises clean and tidy and their staff happy. The new premises at Angle Vale were developed on a 4.5-hectare site‚ previously used for grain crops. Consequently‚ ALFA decided that significant landscaping
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Period Costs- These are costs that are not part of the product but part of the cost of running a company. These are typically expense in the period in which they are incurred. These were depicted in the case when Harry mentioned that the peanut must share a proportionate part of expenditures for rent‚ heat‚ light‚ equipment depreciation‚ decorating and salaries. Administrative Costs- These are cost associated with research‚ development‚ general administration of the organization that cannot be
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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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