management concluded the large fixed cost absorbed sale figure. First it is important to understand the standard costing system implemented in Rubber group. Standard costing assigns quantity and price standards to each component of variable and fixed costs in calculating the total cost. In the case of NASA‚ the system uses standard purchasing price (input cost) and standard inputs usage in place for variable costs‚ and standard spending price (input cost) and standard
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Benedict Bajala BSActy-2 Rizal’s Relevance in the Present Time 1. Joining organizations: Rizal believed in the goals of organizations that are related to the achievement of unity and freedom of humankind. He always had the time and opportunity to join into organizations. 2. Global Fellowship: In every journey‚ he was able to meet and befriend foreigners who sympathize with the experiences and events occuring in the Philippines. 3. The Rizal traits: not stealing from government
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The relevance of Shakespeare is‚ in my opinion‚ unquestionable‚ even in contemporary times. Not only is his contribution to the English language immense in its proportions‚ but also enduring. Even today‚ William Shakespeare is a household name the world over. He is quite literally‚ the figure-head of English literature‚ even to the average layman. Innumerable versions of his immortal works are seen again and again in our films‚ plays and even our writing. His simple yet deep concepts have stood the
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Is psychology of any relevance to business administrators or managers? If yes justify your answer and if no justify your answer. Yes‚ psychology is of relevance to business administrators or managers. Psychology was coined in the 16th century from 2 Greek words. Psukhe/psyche which means “breath” or “soul” and logos which means “word” or “reason” and its initial meaning was “study of the soul”. Later the definition changed to “science of mental life” when it became a science in 1879. Also
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ACCOUNTING NOTES FOR MY PERSONAL USE 4/12/2013 ELISHA VERIWA | Introduction to Accounting Accountancy is the process of communicating financial information about a business entity to users (stakeholders) such as shareholders and managers (Elliot‚ Barry & Elliot‚ Jamie: Financial accounting and reporting). Accounting has been defined as: * the art of recording‚ classifying‚ and summarizing in a significant manner and in terms of money‚ transactions and events which are‚ in part at least
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Quality Cost 1 Quality is defined from the customer´s point of view l Performance l Performance or the primary operating characteristics of a product or service. Example: For a car‚ it is speed‚ handling‚ and acceleration. For a restaurant‚ it is good food. l Features l Features or the secondary characteristics of a product or service. Example: For a TV‚ it is an automatic tuner. For a restaurant‚ it is linen table cloths and napkins . l Reliability l Reliability
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1. award: 7 out of 7.00 points TF Qu. 1 Activity-based costing involves a two-stage ... Activity-based costing involves a two-stage allocation process in which overhead costs are first assigned to departments and then to jobs on the basis of direct labor-hours. True False True / False Difficulty: Medium TF Qu. 1 Activity-based costing involves a two-stage ... Learning Objective: 03-01 Understand the basic approach in activity-based costing and how it differs from conventional costing
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accurate and trustworthy source. To check the reliability of the information would be to check the source of the information for example if it originates from a government website it is more reliable than pages like
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Software reliability modeling has‚ surprisingly to many‚ been around since the early 1970s with the pioneering works of Jelinski and Moranda‚ Shooman‚ and Coutinho. The theory behind software reliability is presented‚ and some of the major models that have appeared in the literature from both historical and applications perspectives are described. Emerging techniques for software reliability research field are also included. The following four key components in software reliability theory and modeling:
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sales is $72‚000. Calculate accounting profits and economic profits for Gomez’s pottery. Explicit costs: $37‚000 (= $12‚000 for the helper + $5‚000 of rent + $20‚000 of materials). Implicit costs: $22‚000 (= $4‚000 of forgone interest + $15‚000 of forgone salary + $3‚000 of entreprenuership). Accounting profit = $35‚000 (= $72‚000 of revenue - $37‚000 of explicit costs); Economic profit = $13‚000 (= $72‚000 - $37‚000 of explicit costs - $22‚000 of implicit costs). 8-4 (Key Question) Complete
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