| | | |Assignment : Managing Cost and making financial interpretations for decision | |
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the year‚ the company has extended their product range to pumps and flow controllers. The main learning outcome from analyzing the case study is manufacturing overhead cost allocation. Exhibit 2 in the case study shows pumps has a highest manufacturing overhead cost compare to valves and flow controller. The common overhead cost drivers in the production are machine hours‚ production runs and hours of engineering work. The key issue in this case study is the gross margin on pump sales is 19.5%
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done this assignment. The purpose of this assignment is to gather practical experience. By this assignment one can know about the costing system of a company. How a company manages their cost‚ whether they follow the accounting system or not- to know this‚ is the prime objective of this assignment. By gathering the cost information of a company one can analyze it and also can give suggestions to improve their costing system for more profit. Figure: Objectives of the assignment
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STANDARD COSTS Setting a budget is never easy as it involves predicting the future and therefore uncertainty. The process is not about getting the budget absolutely right; it is about not getting it too wrong. This budget process may be applied to most revenue budgets that deal with income and costs‚ but there is also a requirement to produce a capital budget that covers the purchase‚ sale and replacement of fixed assets. There is normally an investment limit dictated by funding availability and
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Unit 5 Practice Evidence Record Diary Task 1 P5.1- An example of a way I have worked as part of a team is helping out in the 2-3 years old room when the room was busy and the setting was less of staff. Another example of a way I worked as part of a team was by helping the practitioners follow parent’s wishes. An example of this was ensuring the babies did not sleep for longer than their parents had said. For example there were twins who were 11 months old who came to the setting at 8am till
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Brenton Guerin Dr. Bernard B Period- Chemistry 13 August 2014 Significant Figures Significant Digits Used to show just how precisely a measurement was made They are a function of the instrument being used to make the measurement With any measurement‚ round off your measure to the nearest half of the smallest unit Numbers Measured are Significant Any non-zero number is significant Zeroes between 2 other significant figures are also significant Zeroes at the END of the decimal (trailing zeroes) are
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250 Support individuals to maintain personal hygiene 1.1 Explain why personal hygiene is important Good personal hygiene is important in many ways to individuals. The main reason is regarding the health and wellbeing. We can maintain good personal hygiene by assisting with showering‚ washing hair‚ which can all help kill harmful bacteria’s that could lead to health risks and illnesses. These products also prevent odour build up‚ that can lead to unpleasant smells. Good personal hygiene also creates
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CUSTOMER RELATIONSHIP MANAGEMENT – ‘AN OLD WINE IN ANEW BOTTLE’ INTRODUCTION: Customer relationship is not a new concept; companies have been interacting and dealing with customers since the inception of trade. Earlier more focus and attention was on product and services instead of customer centric. With increase in competition because of globalization and usage of internet changed the picture of business. Customers have variety to choose from‚ more knowledge about the companies and
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Many women struggle with making the decision of whether to breast-feed or bottle feed. There are many things to consider when making this decision because breast-feeding is more intimate and will take up a lot more of moms time than bottle feeding and does not allow dad or others to feed baby. But even with that being said there are a lot of wonderful benefits of breast-feeding that are wonderful and healthy for mom and baby. 1) Benefits for mom According to http://www.womenshealth.gov/breast-feeding/index
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Professionalism Chapter and Reading Course Outline Syllabus eLC Student Orientation: http://elc.uga.edu/student_orientation /index.html Assignment Due Today 1) Hand in your ACCT 5100/7100 profile. 2) Form teams of four with no more than one MBA student per team (I will try to fill out teams of two or three). One team member should email me the names of all team members and your team name‚ ASAP. If I don’t hear from you by 11:00 am on Wednesday‚ I will assign you to a team. 3) Follow the instructions on
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