JOB COSTING JOB COSTING Cost object is a unit or multiple units of a distinct product or service called a job. Product or service is A single unit such as: 1.Specialised machine done at Hitachi. 2.A construction project managed by L & T. 3.Advertising campaign produced by Saatchi and Saatchi. Multiple identical unit such as: 1.Agni missile for Ministry of Defense manufactured by HAL. JOB COSTING SERVICE SECTOR JOB COSTING MERCHANDISING SECTOR - Audit engagements done - Special promotion of
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Internship Report On Standard Costing Procedure & Cost Variance Analysis: A Study on GlaxoSmithKline Bd. Ltd. Submitted To Mr. Syed Manzur Quader Lecturer Independent University‚ Bangladesh Chittagong Submitted By TASBEER AKTAR ABEER ID#0311022 Independent University‚ Bangladesh Date of Submission: 10th September‚ 2007 Letter of Transmittal Monday‚ September 10‚ 2007 To Mr. Syed Manzur Quader Lecturer‚ Independent University‚ Bangladesh Chittagong Sub: Submission of Internship Report.
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1 )Manufacturing is the act of making or producing goods by utilizing labor and machineries especially in a large -scale‚ which includes large division of labor. Finished goods produced after manufacturing are further divided into two groups’ producer goods and consumer goods. Producer goods are those supplied to another company for manufacturing other complex products and consumer goods are the finished products which are purchased by the customers directly for the general usage. Casting is a widely
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ACKNOWLEDGEMENT In this assignment‚ we would like to take an opportunity to send our appreciation to the college due to a proper syllabus and good environment have been provided. Next‚ we would like to thank our Costing and Pricing lecturer‚ Mr.Balan for his generous help. We believe that we cannot create an excellent assignment without his advice and help. At the same time‚ we would like to express our thanks to those who helped us to carry this assignment successfully. Thank you very much
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faced by middle schools transitioning from a traditional grading system to standards-based grading? 2) How to support teachers transitioning from a traditional grading system to standards-based grading? 3) Why is standards-based grading not being used in more school districts? 4) How to transition from traditional letter grading to standards based grading in middle school? 5) How does standards-based grading improve student achievement? Methodology The researchers
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INFORMATION SYSTEM IN STANDARD CHARTERED: As standard chartered started their business in Pakistan in 2006 so as such there is no Pre-IS era of standard chartered bank in Pakistan. They are using IT since the start of their business in Pakistan. IT creates an evolution in whole world in every business and so in banking system. Now in standard chartered with the help of IS the daily transactions are recorded in branch computers and these branch computers are then connected to the main head office
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Product costing assignment 1. (a) Split into fixed costs and variable costs‚ which are both allocated based on machine hours‚ but using separate rates. Also‚ make a distinction between the costs that are more directly related to the machines (e.g.‚ depreciation‚ electricity) and those that have been allocated to the machines from other cost centers. (b) Split total machine-related costs into three types: costs related to setup‚ production‚ and maintenance of the machines. For each type of
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PAPER On Process Costing Submitted in fulfillment of the requirements for the 3rd SEM MBA Management Accounting and Control Systems Submitted to: Submitted by: Prof. G V M Sharma Vandana Rajput Dept. of MBA 1PB11MBA60 INTRODUCTION: Process costing is a form of operations costing which is used where standardized homogeneous goods are produced. This costing method is used in
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This article is written by an Ehow Contributor‚ does not have the name for the writer. This article was taken up from Ehow. The writer had researched about the disadvantages of an education with print media. It is just a one page article which simply provides us the main short comings with the education of print media. As we all know that print media is no longer the most effective way of spreading awareness among the people. Print media was probably the first effective way of bringing news to
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Target Costing on Mercedez – Benz Mercedes-Benz (MB) is one of the world ’s most successful car manufacturers since its establishment in 1886. They used target costing in the design and production of one of its products‚ the M-Class‚ which is a new sports utility vehicle model‚ in response to their first time suffering loss in 1993 because of cost inefficiency and problems with material purchasing and adapting to market changes. MB started developing a range of new products such as the C-Class
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