10-Q submitted to the Securities and Exchange Commission. C. performance reports. D. budgets. 3. The costs of direct materials are classified as: A. Choice A B. Choice B C. Choice C D. Choice D 4. The three basic elements of manufacturing cost are direct materials‚ direct labor‚ and: A. cost of goods manufactured. B. cost of goods sold. C. work in process. D. manufacturing overhead. 5. 25. Prime cost consists of direct materials combined with: A. direct labor
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Q1: explicit costs and implicit costs concepts Explicit Cost Explicit cost is defined as the direct payment which is supposed to be made to others while running business. This includes the wages‚ rents or materials which are due in the contract. The explicit cost is the expense done in business which can easily be identified and accounted for in the business at any stage. The explicit cost represents the out flows of cash in clear and obvious terms. When any out flow of credit occurs in a business
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ineffective spending around the globe‚ lawmakers looking for cost-saving measures would do well to turn to prisons. Prison reform must attain the lowest economic costs‚ lowering actual taxpayer dollars spent without giving up the benefits of attaining important social goals‚ which represent another form of cost when lost. Undoubtedly‚ the current prison system is doing little to separate the US from its international counterparts in minimizing such cost‚ yet prison privatization has yielded hopeful results
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indicated a significant vertical integration of Walt Disney‚ and also a collision between technology and entertainment. Given the operations and corporate culture of Walt Disney and Pixar‚ I will focus on the reason for acquisition and analyze the alternatives. Walt Disney is one of the largest media corporate in the world‚ while Pixar is a top digital animation studio. The history and evolution determine both of their strength and weaknesses. For Walt Disney‚ the film production dates back to 1934
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colossal giants crumbling to their knees. The prime aim is to throw light at the subtle inconsistencies that can cost the companies far more than just money but their entire image. The asset of ‘good will’ has its nemesis in these unethical practices surfacing. Management accountants work inside a company‚ handling all internal accounting data. These individual often allocate production costs‚ create management reports and provide support for managerial decisions. Ethical issues can result from managerial
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IJA MH International Journal on Arts‚ Management and Humanities 1(1): 63-72 (2012) ISSN No. (Online): 2319 – 5231 A study of performance appraisal and organizational effectiveness in terms of individual and organizational basis. A comparative study of BSNL and AIRTEL Dr Kanchan Bhatia* and Prof Prashant Jain** *‚Professor‚ SIRT‚ Bhopal‚ (MP) **Executive Director‚ SGI‚ Bhopal (MP) ABSTRACT According to Peter Drucker ’an organization is like a tune; it is not constituted by individual sounds
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product costs are the direct materials‚ and manufacturing overhead that are involved in acquiring or making products. Products costs are assigned to an inventory account on the balance sheet and considered to be assets. When the goods are sold‚ the costs are released from inventory and are recognized as expenses in the income statement. Period costs are all the costs that are not included in product cost‚ such as advertising‚ executive salaries‚ and other nonmanufacturing costs. These costs are expenses
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CERTIFICATE This is to certify that the dissertation (MCA-331) entitled Performance Testing done by CHIRAG GADHOCK‚ Roll No. 07915904409 is an authentic work carried out by her under my guidance. The matter embodied in this project work has not been submitted earlier for the award of any degree or diploma to the best of my knowledge and belief. Date: Signature of the Guide ASST. Professor ACKNOWLEGDMENT I‚ Chirag Gadhock take this opportunity to acknowledge
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Alternative work arrangements are useful approaches for both the health care employer and health care employee. Do you see any drawbacks for expanding their use in health care organizations? Most Health care organizations in North America offer alternate work policies and arrangements to their employees as they do recognize that the best asset they have is their people. Large organizations‚ and most health care organizations are‚ also identify a clear correlation between stress levels among
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CHAPTER 22 The Costs of Production Topic Question numbers ___________________________________________________________________________________________________ 1. Costs: explicit and implicit 1-9 2. Profits 10-23 3. Short run versus long run 24-31 4. Law of diminishing returns 32-55 5. Short-run costs 56-157 6. Long-run costs 158-193 Last Word 194-196 True-False 197-210 ___________________________________________________________________________________________________
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