Marketing cost analysis Business firms use several tools and techniques for marketing control. The important ones among them are listed above. 1. Marketing audit 2. Market share analysis 3. Marketing cost analysis 4. Credit control 5. Budgetary control 6. Ratio analysis 7. Contribution margin analysis 8. Marketing Information inputs and warning signals 9. MBO management by objectives Marketing cost analysis is another important tool of marketing control. In recent years‚ business firms all
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Finest Options For Cracked Windshield At More Affordable Cost In a perfect world‚ there would never be pieces or even cracked pavement or potholes that cause objects to drop from vehicles to become crack and chip producing projectiles that may interfere with the visibility of the driver and compromise the shatter resistant properties of car windshields.A chip brought on by fragments of pavement and things such as bolts and screws that fall from cars and trucks propelled at high speeds really are
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TYPES OF COST AUDIT * Cost Audit to assist Management : The main object of this type of cost audit is to make available accurate‚ relevant and prompt information to management to assist it in taking important managerial decisions. * Cost Audit on behalf of the Government: The government may appoint a cost auditor to conduct cost audit where it is necessary(a) to do so in the opinion of the government under section 233-B of the companies Act‚ 1956; (b) to ascertain correct cost of certain
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provision for doubtful accounts is made monthly at the rate of 2% of sales. * Merchandise inventory was $120‚000 at September 30‚ 2004‚ and an increase of $10‚000 is planned for the month. * All merchandise is marked up to sell at invoice cost plus 50%. * Estimated cash disbursements for selling and administrative expenses for the month are $105‚000. * Depreciation for the month is projected at $25‚000. Dewitt is projecting operating income for October 2004 in
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1. Product costs used for pricing and product-mix decisions generally include: Answer | | manufacturing costs only | | | design costs plus manufacturing costs | | | all costs incurred along the value chain | | | distribution costs only | 0.1 points Question 4 Within the relevant range‚ if there is a change in the level of the cost driver‚ then: Answer | | fixed and variable costs per unit will change | | | fixed and variable costs per unit will remain the
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Once you’ve finished buying diapers‚ car seats and toys for your kids‚ you suddenly find yourself swamped with school levies and back-to-school shopping lists‚ which can amount to more than $500 annually (based on data from a 2013Back To School Spending Survey‚ by Heritage Bank). Such expenses can overwhelm even the most dedicated of parents. However‚ you can make use of some helpful strategies to lighten such a burden. One often overlooked strategy involves cutting down on the expenses for uniform
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hsl@gmail.com Module Overview Module Synopsis The aim of this module is to enable the students to gain knowledge and understanding of management functions by examining the roles and responsibilities of a manager. Students will acquire a good knowledge of management concepts.
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Cost of Production Fixed costs are those that do not vary with output and typically include rents‚ insurance‚ depreciation‚ set-up costs‚ and normal profit. They are also called overheads. Variable costs are costs that do vary with output‚ and they are also called direct costs. Examples of typical variable costs include fuel‚ raw materials‚ and some labour costs. An example Production costs Consider the following hypothetical example of a boat building firm. The total fixed costs‚ TFC‚ include
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fixed costs‚ semi-fixed costs‚ and variable costs. Fixed costs are those which do not change with the level of activity within the relevant range. These costs will incur even if no units are produced. For example rent expense‚ straight-line depreciation expense‚ etc. Fixed costs are those which do not change with the level of activity within the relevant range. These costs will incur even if no units are produced. For example rent expense‚ straight-line depreciation expense‚ etc. Mixed costs or semi-variable
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Directed WritingWriting an Article You are the Secretary of the Environmental Awareness Club at your school. You havebeen approached by the editor of the school magazine to contribute an article to themagazine. You have decided to write about the activities that were carried out during theyear and to use the opportunity to invite new members to join the club. Write out your article based on all the notes below. •Give the brief overview of the club •State the activities that were carried
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