have done above is a “full-cost” analysis. This is in contrast to a “direct-cost” analysis that ignores overhead costs. Is full cost the right metric for job profitability and customer profitability? What assumptions are we making about the variability of overhead costs when we do a “full-cost” analysis? By allocating the overhead costs to jobs and customers there is an implicit assumption that these are variable with the cost driver. In reality‚ some of the overhead costs are fixed‚ at least in the
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Transfer Pricing in India 1. Introduction Increasing participation of multi-national groups in economic activities in India has given rise to new and complex issues emerging from transactions entered into between two or more enterprises belonging to the same group. Hence‚ it was pertinent to introduce a uniform and internationally accepted mechanism of determining reasonable‚ fair and equitable profits and tax in India in the case of such multinational enterprises. Accordingly‚ the Finance
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Generally‚ the term cost of production refers to the ‘money expenses’ incurred in the production of a commodity. But money expenses are not the only expenses incurred on the production of a commodity. There are number of services and inputs such as entrepreneurship‚ land‚ capital etc.‚ which are offered by an entrepreneur without changing any price or receiving any payment for them. While computing the total cost of production‚ allowance should be made for such expenses. It is therefore essential
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all the way to the pediatric ward over to the intensive care unit‚ with every location containing different requirements as well as deliberation (Buck‚ C.‚ 2012). Having a huge wireless network permits the providers to deploy technology at the bedside‚ as part of the normal health care flow. The providers are able to use a smart phone to access clinical data as well as biomedical devices are able to record and manage patient information. However‚ it has been researched that by the year of 2014 there
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Truman changed it back to talking about the military building more atomic bombs. Robert Oppenheimer’s decision to express regret was a personal responsibility‚ national responsibility‚ and responsibility of other groups. By choosing to steer to conversation from talking about the military building more atomic bombs to talking about international cooperation‚ Robert Oppenheimer made the right decision to change that topic to show that he regretted building the bomb and dropping it. Steering the conversation
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Outline guidelines‚ procedures and codes of practice relevant to personal work When doing my work‚ there are procedures that need to be followed such as‚ answering the telephone‚ making phone calls‚ dealing with incoming and outgoing mail. All of these procedures‚ guidelines and codes of practice are in my job description which is easy for me to access. Explain the purpose of planning work‚ and being accountable to others for own work Planning my work is essential in making sure I complete all
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McDonald’s pricing Strategy Jose J Molina CHARLA SESSION-REED MKT 402-Strategic Market Pricing 02/20/2010 How well does the company create value for its market segments? Explain I have chosen to review the pricing strategy of the fast food company McDonald. I am amaze with the way McDonald’s has dominate the fast food industry. To put it into “marketing speak”‚ when McDonald’s decided to be the family friendly low cost restaurant in the fast food business‚ they were deciding on
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different quality material from standard; Buying materials from a non‑usual source due to urgency; Utilising different labour from standard; Price changes due to economic conditions; scarcity of supplies; Choosing to incur additional discretionary fixed costs; More (or less) overtime hours used than budgeted. 2. Efficiency/usage/quantity variances: Standard is out of date‚ set without due care; Inefficient use of material/labour‚ deliberate or otherwise; Poor supervision/equipment/maintenance.Changes in
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I. Point of View We consider Ms. Bea Lim’s perspective‚ the Marketing Assistant of Prime Meat‚ Inc. as our point of view. She is the one envisioning on the pricing strategy formulation that would have a long-term beneficial effect to the company. II. Market Situation Analysis A. Opportunities-Threat Analysis 1. Opportunities Strategic Location - The location of Prime Meat‚ Inc. is Santo Tomas‚ the town next to the capital city. Large Market Potential - For tocino (89.312 metric tons per month)
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Is class still relevant in Australia? To facilitate this question‚ the readings of Karl Marx‚ Fredrick Engels‚ Max Weber‚ Helen Marshall‚ R.W. Connell and T.H. Irving will be considered. Connell & Irving (1992) identify ‘class structure’ in Australia with the ‘ruling class’ owning property/business‚ and the ‘working class’ in the way of labourers whom ‘act together in resistance to the capitalists’. This is relevant today in Australia with the privileged having majority of the power and wealth
Free Sociology Marxism Max Weber