products. Chuck questioned if the current cost-management system was providing the management with accurate data about product costs. In a traditional‚ volume-based product-costing system‚ only a single predetermine overhead rate is used. All manufacturing-overhead costs are combined into one cost pool‚ a grouping of individual indirect cost items‚ and they are applied to products on the basis of a single variable that costs over a given time span (cost driver) that is closely related to production
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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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Q. What is meant by Plant Layout? Discuss the principles and different methods of Plant Layout. Answer: What is Plant Layout……………………? Plant layout refers to the arrangement of physical facilities such as machinery‚ equipment‚ furniture etc. within the factory building in such a manner so as to have quickest flow of material at the lowest cost and with the least amount of handling in processing the product from the receipt of material to the shipment of the finished product. According to Riggs
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FOUNDATIONS OF PUBLIC ADMINISTRATION I. Understanding Public Administration Meaning of Public Administration From a very broad perspective‚ public administration may be viewed to refer not only to those activities involved in carrying out or in implementing the policies and programs of the government but also the processes and contents of these policies and programs. Meaning of Public Administration From a broader perspective‚ public administration may refer to cooperative human
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aimed to determine the administrative effectiveness of the Bureau of Jail Management and penology in the province of Albay in order to recommend measures for improvement to enhance a better system of jail management . Specifically ‚ it sought answers to the following questions : 1. What is the status of Bureau of Jail Management and Penology in the Province of Albay in terms of : a.) Administration b.) Manpower
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Unit – ASM34 1.1 - Identify current legislation guidelines policies and protocols relevant to the administration of medication. The Medicines Acts 1968 and various amendments cover the legal management of medication. While care staffs are not expected to have detailed knowledge of the legislation‚ they do need to be aware of the legal difference between types of drugs and the legal framework that allows them to handle medicines on
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MUGHAL ADMINISTRATION | | |by | |Abdur Rahim Sajid | |M.Phil-I | |
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Journal of Minerals & Materials Characterization & Engineering‚ Vol. 10‚ No.4‚ pp.367-385‚ 2011 jmmce.org Printed in the USA. All rights reserved Hot Corrosion & Erosion Problems in Coal Based Power Plants in India and Possible Solutions – A Review Vikas Chawlaa*‚ Amita Chawlab‚ D. Puric‚ S. Prakashc ‚ Prema G. Gurbuxanid and Buta Singh Sidhue Mechanical Engineering Department‚ F.C.E.T. Ferozepur-152002‚ India Chemistry Department‚ Govt. Brijindra College‚Faridkot-151203‚India c Metallurgical
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Factors that determine investment: 1. Marginal efficiency of capital:- The marginal efficiency of capital is called the expected return of capital or expected rate of profit on an investment. PV = R + R + R + …………… + R (1+i) (1+i) (1+i) (1+i) Keynes define the marginal efficiency of capital as “ MEC is being equal to that rate of discount which make the present value of
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Public administration is not a science or an art. Public administration is known as a "craft" for many reasons. It is not science because there isn’t an entirely correct way of doing it‚ there are no equations that will constitute efficiency or effectiveness for sure. Science is all about facts‚ a scientific rule is one that works all the time. Although administrators use scientific laws‚ techniques‚ and data‚ they do so in ways that give individual imagination and temperament free rein. There
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