11 Allocation of Joint Costs and Accounting for By-Product/Scrap Objectives After completing this chapter‚ you should be able to answer the following questions: LO.1 LO.2 LO.3 LO.4 LO.5 How are the outputs of a joint process classified? What management decisions must be made before beginning a joint process? How is the joint cost of production allocated to joint products? How are by-product and scrap accounted for? How should not-for-profit organizations account for the cost of a joint activity?
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business. Our company is a beverage company. We will introduce two unique types of juice in the fruit juice industry of our country. STATEMENT OF FINANCING NEEDED: Initial financing required of the company is 4‚00‚00‚000 taka loan to be paid off over five years from Prime Bank Ltd. This debt will cover office space‚ office equipment‚ and for supplies two leased vans‚ advertising and selling cost. The Directors provided 11‚00‚00‚000 taka jointly. So‚ the total cost of the project estimated
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LIGHT CONTROL SYSTEM Arun Radhakrishnan‚ Department of ECE‚ Jimma Institute of Technology‚ Jimma University‚ Ethiopia Vuttaradi Anand‚ Department of ECE‚ Jimma Institute of Technology‚ Jimma University‚ Ethiopia Abstract: Recently‚ many researches has been carried out to save the energy in many aspects such as producing a device which consumes very less energy or designing a system which helps to reduce the power consumption using the existing devices. In this paper‚ a room light control system
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Management Control Systems at Reliance Industries Limited Company Profile Reliance Industries Limited (RIL) is world’s leading and India’s no: 1 Private Ltd. Company. RIL group is a highly diversified group and is in to multiproduct business like oil / gas exploration‚ retail of petro / consumer products and mfg. of petrochemical / refining and textile products. Also‚ in to infrastructure and transportation sectors. he Reliance Group‚ founded by Dhirubhai H. Ambani (1932-2002)‚ is India’s largest
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Q: Is depreciation expense or depreciation cost is fixed cost or variable cost in nature? Fixed costs: Fixed costs are such costs that do not change with the change in activity level within the relevant range. Where relevant range can be defined in terms of time or activity level. Variable costs: Variable costs are such costs that change with the change in activity level . Coming to the question‚ depreciation expense or depreciation cost can either be fixed or variable and this depends on the
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Seminar Report on Sensotronic Brake Control System By Mr. Niranjan J. Tanwani Guide Prof. Chittaranjan More Mechanical Engineering Department Indira College of Engineering & Management‚ Pune 410506 [2011-20] Shree Chanakya Education Society’s Indira College of Engineering& Management‚ Pune C E R T I F I C A T E This is to certify that Mr. Tanwani Niranjan J. has successfully completed the Seminar work entitled “Sensotronic Brake Control System” in the partial fulfilment of B. E. Mechanical
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study of loose budgetary control in ISD projects Introduction Information systems development(ISD) projects always run over-budget entirely or even fail‚ Managing ISD projects Project management control The concept of the term ”control” is can not easy to be defined‚ which respects various meaning. In ISD projects，effective project control is quite significance‚ playing a main place to cause the failure of projects. It is an effective method to implement project control by using combination of
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Fadi Kotob Team Members: Chua Hock Lai (4335120) Ho Wei Giin (4398063) Koh Hee Ting (4337062) Ong Wen Pin‚ Sean (4397940) TABLE OF CONTENTS 1.INTRODUCTION 3 2.DEFINE 3 3.MEASURE 4 4.ANALYZE 7 5IMPROVE 13 6.CONTROL 19 1. INTRODUCTION In every business‚ quality control is the most important portion that affect the business concept hence in order to strive a better profits in business‚ we need to make sure that quality of services is provided to consumers. In our project team case study
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Beverage Wars Analysis Working your hardest‚ trying it your best‚ and meeting the needs of thirty freshman is more than the work itself. It’s torture. The Beverage Wars is the torture of exalting yourself into a whirlwind of not only your own ideas‚ but four other perspectives that may or may not be close to freshman thinking. Phew! The freshman class must have “exploded into seniority” by sipping on Volcanic Jungle‚ because they most certainly do not let age stop them from voicing their opinions
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HEAD: CADBURY BEVERAGES INC. CASE ANALYSIS Cadbury Beverages Inc. Case Analysis October 3‚ 2010 Cadbury Beverages‚ Inc. Case Analysis Marketing executives at Cadbury Beverages‚ Inc. want to re-launch the following brands: Crush‚ Hires‚ and Sun-Drop soft drinks. However‚ Cadbury has seen several challenges arise in the eve of their next attempt to lead the market. Senior marketing executives decided to focus generally on the Crush brand of fruit flavored carbonated beverages. The key issues
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