successful cost reduction programmes In the current economic climate‚ most organisations must face up to a prolonged period of extreme competition and funding restrictions. This is particularly the case if the past few years have been focused on growth‚ service improvement or reorganisation (i.e. cost efficiency has not been a recent priority). Such pressures require an approach that reduces costs in a strategic‚ disciplined‚ and sustainable manner - delivered at pace. In our view serious cost reduction
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40‚000 | | 100‚000 | | 404 | | | | 20‚000 | 20‚000 | 40‚000 | | 405 | | | | | 20‚000 | 20‚000 | | Total | 90‚000 | 120‚000 | 90‚000 | 60‚000 | 40‚000 | 400‚000 | 2 Physical Measures Method | Produced | Proportion | Joint Cost Allocation | Unit Cost | 401 | 90‚000 | (90‚000/400‚000)0.225 or 22.5% | (200‚000 x 0.225)45‚000 | (45‚000/90‚000)0.5 | 402 | 120‚000 | (120‚000/400‚000)0.3 or 30% | (200‚000 x 0.3)60‚000 | (60‚000/120‚000)0.5 | 403 | 90‚000 | (90‚000/400‚000)0.225 or 22.5%
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Tragedies are mostly similar creatures. Whether it’s William Shakespeare’s Othello or Arthur Miller’s Death of a Salesman‚ a tragedy must abide by certain standards to be called a tragedy. Of course‚ it must be fatal; someone or something must die. Certain complexities like tragic flaws or foreshadowing may also appear. Irony plays a key part and takes many forms‚ including tragic‚ dramatic‚ or cosmic irony. There is‚ however‚ another necessary mechanism to create a solid‚ working tragedy: hamartia
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Revenge is Not Always Sweet Ever since mankind was created‚ it seems that revenge has come along with it. The Code of Hammurabi‚ the code of law from the sixth king of Babylon‚ was put into practice around 1760 B.C.‚ making it the oldest recorded set of laws in human history. The code is rooted firmly in the belief in an eye for an eye; revenge was written all over it. Revenge is present in international politics‚ within one’s nation‚ in our homes‚ in our schools and in our personal relationships
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David Livingstone was one of the most revered and respected African explorers of his time. He spent almost 30 years exploring a region little known to the outside world. He often put ambition before family and his own personal health in his quest to open the interior of Africa to “Civilization‚ Christianity‚ and Commerce.”(Hollett 236) Through his daring explorations into the unknown‚ he discovered and documented many new landmarks inside the dark continent‚ and at times
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PRINCIPLES OF COST CONTROL 1.1 Introduction Cost is important to all industry. Costs can be divided into two general classes; absolute costs and relative costs. Absolute cost measures the loss in value of assets. Relative cost involves a comparison between the chosen course of action and the course of action that was rejected. This cost of the alternative action - the action not taken - is often called the "opportunity cost". The accountant is primarily concerned with the absolute cost. However‚
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environment 1. Board of Directors and Management Structure David Jones has a skilled‚ experienced and expertise Board of directors which is accountable for caring the rights‚ interests and the management of David Jones. Chief Executive Officer and Managing director are responsible for setting strategy‚ planning and administration for the company on daily basis. Paul Zahra has been “Chief Executive Officer and Managing director” for David Jones since 18 June 2010. Mr Zahra has more than 30 years’
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------------------------------------------------- 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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David Sengeh was born in Sierra Leone in 1987. He grew up in the city of Bol where his father was an executive at UNICEF‚ serving as the agencies Planning‚ Monitoring and Evaluation specialist as well as the Deputy Country Representative for Sierra Leone. Growing up in a family of privilege‚ at least by Sierra Leone standards‚ David Sengeh attended private school as a young man‚ but that does not mean he was immune from the atrocities of the civil war raging in Sierra Leone from 1991-2001. Two
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