manufacturing capacity. The decline in demand was because of fast changing technologies and consumer habits‚ and the recent introduction of a new generation of the electronic device had not increased sales appreciably. Consequently‚ Elektras senior management believes it is unlikely that the demand for its products will increase significantly in the next three years until conditions improve substantially and Elektra and its high-end competitors introduce the next generation technology. Nonetheless‚ they
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CONCEPT OF PRICING‚ AFFORDABILITY‚ COST RECOVERY & REPLICABILITY IN HOUSING TABLE OF CONTENT 1 Introduction 3 Concept of Pricing 5 House Price Index 5 Housing Affordability 7 Housing Market Affordability 8 Cost Recovery & Replication 12 Conclusion 12 References 13 INTRODUCTION Shelter is one of the human basic physiological needs (Maslow ’s Hierarchy of Needs). In this modern
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Q. Give an Overview of Cost Classification and Material Management: Ans: Cost Classification: ( Introduction: In this assignment I will be discussing how costs incurred in any organization may be classified in a number of different ways for a number of different purposes. I will also be looking to find companies that use a variety of different costing techniques and methods. I will also be discussing the comparisons between marginal and absorption costing and how the concept of activity based costing
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materials costs (meat) are € 0.40 per meat roll. (0.1 kilogram of meat for € 4.-- per kilogram). The other variable costs (costs of packing) are € 0.02 per meat roll. All produced meat rolls will be sold instantly: There is no inventory/stock of meat rolls. The budgeted indirect fixed costs are distributed as follows: Costs management | € 200‚000 | | Costs administration | € 150‚000 | | Costs production installation | € 150‚000 | | Costs production staff | € 700‚000 | | Costs sales department
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Accounting Theory (ACNT 1391-6425) Group Project Paper Accounting Treatment of Research and Development Costs Definition of Research and Development Research and Development activities are the cornerstones to corporations attempting to develop or improve their products or manufacturing methods or facilities. Companies normally undertake these activities with the expectation that the result will generate significant income. This paper will attempt to expound on the accounting treatment
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follows. Cost Items and Account Balances $ Administrative salaries 15‚500 Advertising for helmets 11‚000 Cash ‚ December 1 0 Depreciation – Factory Building 1‚500 Depreciation – Office Equipment 800 Insurance – Factory Building 1‚500 Miscellaneous expenses - Factory 1‚000 Office supplies expense 300 Professional Fees 500 Property Taxes - Factory Building 400 Raw material used 70‚000 Rent on production equipment 6‚000 Research & development 10‚000 Sales commission 40‚000 Utility Costs - Factory
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Galilee College Managerial Accounting Final Exam Overview for Saturday June 8th Instructions A. Complete the budgeting questions and any one of the others. 1. Service Cost Allocations CLASS: Teck Tecky Water Services provides water for Departments A‚B and C and has prepared its total budget using the following information for the next year:- Fixed Costs $300‚000 Budgeted Gallon Usage:- Variable Costs $0.10 per gallon Dept. A 2‚500‚000 gallons Available capacity 10‚000
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covered all the districts of the country and by 1995 the number of reported cases of polio declined to 3‚265. This was mainly possible because of the wide scale advertising; the measures taken to eradicate polio from the country were vast. The polio plus campaign aimed at covering every individual in the country. It aspires to reach every child in remote communities through improvised social mobilization plans. The idea of this campaign was to immunize every child‚ leaving no chance for a polio occurrence
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differences between management accounting and financial accounting include:[1] 1. Management accounting provides information to people within an organization while financial accounting is mainly for those outside it‚ such as shareholders 2. Financial accounting is required by law while management accounting is not. Specific standards and formats may be required for statutory accounts such as in the I.A.S International Accounting Standard within Europe. 3. Financial accounting covers the entire
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price of RM140 per set of frame from an outside supplier. In this case‚ it is better for the buying division to buy internally by doing so it will save RM2 per set (RM140 - RM138). It will be cost-effective for the division to buy the frame from within the company. Profits of window division will increase due to cost saving in component purchase by RM2 per set. Secondly‚ selling division changes in technology to provide better products or produce their products more efficiently. Companies must create
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