Total cost of ownership (TCO) is a financial estimate whose purpose is to help consumers and enterprise managers determine direct and indirect costs of a product or system. It is a management accounting concept that can be used in full cost accounting or even ecological economics where it includes social costs. Contents • 1 Use of concept o 1.1 Computer and software industries o 1.2 Transportation industry • 2 See also • 3 References 4 External links Use
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the other expenses incurred during the year: | Rs. | Rent of premises | 80000 | Repairs and maintenance | 20000 | Laundry charges | 35000 | Junior docs and other services | 100000 | General administration charges | 50000 | Food given to patients | 80000 | Cost of oxygen etc. | 30000 | Diagnostic Services | 50000 | Medicines Supplied | 200000 | Depreciation | 38500 | Insurance | 15000 | Power‚ Fuel & Water | 20000 | The profit expected is 30% on cost. 1) Calculate
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6 Q.No.6 7 Summary: 8 Introduction Cost Management delivers concise articles‚ experienced-based columns and case studies to evaluate how your present investment justification criteria and methods compare with those of other organizations‚ Learn about changing cost management methods and techniques and how they can be used to improve your company’s decision making in this assignment we going to workout calculate and try to find out different costs of company. In this assignment we going to
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Historical Cost Mean? A measure of value used in accounting in which the price of an asset on the balance sheet is based on its nominal or original cost when it was acquired by the company. The historical-cost method is used for assets in the United States under generally accepted accounting principles (GAAP). Cost concepts and terms 1. Cost The amount of expenditure (actual or notional) incurred on or attributable to a specified article‚ product or activity is referred to as cost. 2
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Assignment 2 (20 points) Assignment 2: Costs and Profit Instructions Save this file in your course folder‚ and name it with Assignment‚ the section number‚ and your first initial and last name. For example‚ Jessie Robinson’s assignment for Section 1 would be named Assignment1JRobinson. Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day‚ be sure to save your
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economic downturn that began in late 2000. In addition‚ they did not take into consideration that as a global company with operations in countries that are hugely different from the U.S they needed a more sophisticated way to think about risk and the cost of capital around the world. besides‚‚ with AES’s international expansions‚ the model of capital budgeting was not supposed to be exported to projects overseas‚ since the same model became increasingly strained with the expansions in brazil and Argentina
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1/ Variable Costs: The variable cost will be 40% higher [ an increase of 21‚000 - 15‚000=6‚000 units] Direct Material used 1‚060‚000 Variable Costs: Direct Labor 1‚904‚000 Direct material used [ 1‚060‚000 *1.4] 1‚484‚000 Unit costs [ 6‚335‚600 / 21‚000] =$ 301.7 Indirect Materials and supplies 247‚000 Direct Labor [ 1‚904‚000 * 1.4] 2‚665‚600 Variable Cost/ Unit = 228.27 at both 15k & 21k units Power to run plant eqip 213‚000 Indirect Materials
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product line. According to Sippican’s cost accounting system further decrease in the price of pumps would not be acceptable as because of the past price reductions the margin on pumps have already declined from the planned 35% to 5%. Detailed and alternative analysis of the costs – such as Activity Based Cost analysis – reveals alternatives for the management to decide on pricing‚ efficiency measures‚ and product development. Sippican Corporation uses a simple cost accounting system for performance
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REVENUE AND EXPENSE Revenue – Expenses = Profit Revenue – Desired Profit = Ideal Expense Part Whole = Percent Expense Revenue = Expense % Profit Revenue = Profit % Desired Profit Revenue = Desired Profit % Revenue – (Food and Beverage Cost + Labor Cost + Other Expense) = Profit Food and Beverage Cost Revenue = Food and Beverage Cost % Labor Cost Revenue = Labor Cost % Other Expense Revenue = Other Expense % Total
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Environment Friendly Indian Building Material Technologies for Cost Effective Housing SHEE Contents 1. Flyash-Sand-Lime-Gypsum Bricks 1 2. Compressed Earth / Fly Ash Sand Lime Gypsum Blocks (Interlocking Type) 7 3. Compressed Earth Bricks/Blocks 9 4. Clay Flyash Burnt Bricks 13 5. Marble Slurry Bricks 15 6. Solid/Hollow Concrete Blocks 17 7. Cellular Light Weight Concrete 23 8. Ferrocement Wall Panels 25 9. Rat Trap Bond Brick Masonry
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