MARGINAL AND ABSORPTION COSTING Marginal costing is a technique in which production units are valued at marginal cost of production and fixed costs are written off as period costs. It follows that‚ stocks are valued using only the variable cost of production whereas fixed costs are treated as relating to the period and must be taken off in total. Management accounting is based on marginal costing. TERMINOLOGY USED. Gross contribution: Is the difference between sales value and variable costs of
Premium Marginal cost Costs Cost
Measuring the Absorption Coefficient for Some Common Materials Used in Functional Rooms through Standing Wave Ratio Adonis Cabigon1‚ Alaiza Tangaha2 Department of Physics‚ University of San Carlos‚ Nasipit‚ Talamban‚ Cebu City 6000 1adoniscc@yahoo.com 2mayalaiza92@yahoo.com Abstract In this paper‚ we present the measurement of the absorption coefficient α of MDF (Medium Density Fiberboard) and Fiber Cement through an improvised standing wave apparatus consist of an enclosed tube with
Free Sound Acoustics Wavelength
passive voice denotes the recipient of the action (the patient) rather than the performer (the agent). The passive voice in English is formed periphrastically: the usual form uses the auxiliary verb be (or get) together with the past participle of the main verb. For example‚ Caesar was stabbed by Brutus uses the passive voice. The subject denotes the person (Caesar) affected by the action of the verb. The agent is expressed here with the phrase by Brutus‚ but this can be omitted. The equivalent sentence
Premium Passive voice Verb Subject
ISCTE – SCHOOL OF MANAGEMENT COMPARATIVE INTERNATIONAL MANAGEMENT Similarities and Differences between Arab and American Managers Predominant Characteristics 1 2 3 Leadership Style Arab Stereotype Egalitarian‚ emphasis on peer approval and gain personal acceptance. Consultative Ritual‚ display a high desired for long-term relations‚ affective‚ e.g.‚ appeals to emotions and feelings‚ concession seeking. Hard work is a virtue in the light of the needs of man and the necessity to establish
Premium Management Emotion Hierarchy
Variables 1 Corporate variables ADD1 -- Address Line 1 ADD2 -- Address Line 2 ADD3 -- Address Line 3 ADD4 -- Address Line 4 ADDZIP -- Postal Code BUSDESC -- S&P Business Description CITY -- City CONML -- Company Legal Name COUNTY -- County Code DLRSN -- Research Co Reason for Deletion EIN -- Employer Identification Number FAX -- Fax Number FYRC -- Current Fiscal Year End Month GGROUP -- GIC Groups GIND -- GIC Industries GSECTOR -- GIC Sectors GSUBIND -- GIC
Premium Generally Accepted Accounting Principles Balance sheet Asset
INTRODUCTION: In atomic spectroscopy the samples are vaporized at 2000-8000k. The process of this involves two steps ‚ one is atomization of sample and the other is absorption of light radiation from light source. The atoms in the vapour are measured by absorption or emission at characteristic wave lengths. The main usage of this was to detect one element from another in the complex sample which has taken ie.‚ it has ability to perform multiple element analyses. Absorbance should obey Beer’s law
Premium Spectroscopy
The State of Statements: Balance Sheets‚ Income Statements and Statements of Cash Flow Robert M. Traynor‚ Ed.D.‚ MBA CEO/Audiologist Audiology Associates‚ Inc. Johnstown‚ Colorado Introduction For most audiologists the patient is foremost in mind as we provide hearing care services. Successful practitioners know that when their practice is centered on their patient’s welfare‚ success will usually follow. Probably the greatest responsibility of the Robert G. Glaser‚ Ph.D. CEO/Audiologist Audiology
Premium Generally Accepted Accounting Principles Balance sheet Income statement
Democratic and authoritarian are two very different and contradicting forms of political regimes. They differ in the way a country or a state is managed. In attempting to identify and discuss the differences between the two regimes‚ we should think what implications do the two regimes have on the political system. How are they different in terms of the institutions they inherent? How are rulers elected and which one provides the more comprehensive representation? How does the law making process differ
Premium Communist state Authoritarianism Government
7.4. What is an entity type? What is an entity set? Explain the differences among an entity‚ an entity type‚ and an entity set. Entity: An entity is a thing or object in the real world. An object may be with a physical existence or with a conceptual existence. A set of these entities having same attributes is entity type and collection of individual entity type is an entity set. Entity type: A set of entities that have the same attributes is called an entity type. Each and every entity type in the
Premium Object-oriented programming
Absorption and marginal costing (Relevant to AAT Examination Paper 3: Management Accounting) Li Tak Ming‚ Andy Deputy Head‚ Department of Business Administration‚ Hong Kong Institute of Vocational Education (Kwai Chung) Introduction Absorption costing and marginal costing are alternative cost accumulation systems used to ascertain product or job costs for inventory valuation and cost of sales. Absorption costing Absorption costing includes both variable and fixed production costs in the
Premium Costs Cost Variable cost