able to determine whether a cost is fixed or variable is vital to the understanding of overhead loading and cost behavior. A fixed cost is unchanged with a change to the cost driver. (Horngren‚ Sutton‚ and Stratton p.46) Which means that a fixed cost does not rise with the change is production of your product. A good example of a fixed cost is rent. No matter how many widgets you make (within a relevant range) your rent will not increase. A variable cost‚ on the other hand‚ does change with the
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IEEE TRANSACTIONSON INDUSTRIAL ELECTRONICS‚VOL. 40‚ NO. 1‚ FEBRUARY 1993 Variable Structure Control: A Survey John Y. Hung‚ Member‚ IEEE‚ Weibing Gao‚ SeniorMember‚ IEEE‚ and James C. Hung‚ Fellow‚ IEEE Abstract-A tutorial account of variable structure control with brief discussions about its historical development are pre- sliding mode is presented in
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Two-Variable Inequalities Kathleen Kent MAT 222 Week 2 Assignment Guillermo Alvarez September 22‚ 2014 Two-Variable Inequalities This week’s assignment will show how two-variable inequalities can be used in real-world scenarios by using independent and dependent variables. This week’s assignment will use graph representations and show how the two-variable inequalities can be incorporated into several problems to show how many of each item trucks can ship without going over
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[pic] Assignment 1 Macro-environmental analysis Company: The Dairy Farmers Co-operative Milk Co. Ltd Products: Dairy products Country: Vietnam [pic] Executive Summary In recent decades‚ the Vietnamese economy has experienced an unprecedented growth. Along with the significant development of the economy‚ the increasing in population and income has led to a rising need for imported dairy products like milk
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races‚ and backgrounds. Racism doesn’t only affect the people but also the environment. Environmental racism is an extreme situation which affect people all over the world because a multitude of innocents are dying. Many people are being affected‚ but whom exactly? Blacks & Hispanic populations‚ poor people are mostly mistreated in society‚ especially with environmental racism. Health and environmental risks cast upon blacks‚ and Hispanics in the communities in which they live.it is stated
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WHAT IS A RANDOM VARIABLE? A random variable assigns a number to each outcome of a random circumstance‚ or‚ equivalently‚ a random variable assigns a number to each unit in a population. It is easier to create rules for broad classes of situations and then identify how a specific example fits into a class than it is to create rules for each specific example. We can employ this strategy quite effectively for working with a wide variety of situations Involving probability and random outcomes. We
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ABSORPTION AND VARIABLE COSTING Learning Objectives 1. Explain the accounting treatment of fixed manufacturing overhead under absorption and variable costing. 2. Prepare an income statement under absorption costing. 3. Prepare an income statement under variable costing. 4. Reconcile reported income under absorption and variable costing. 5. Explain the implications of absorption and variable costing for cost-volume-profit analysis. 6. Evaluate absorption and variable costing.
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1) When will profits reported under variable and absorption costing differ? How can we reconcile the profits reported under the two approaches? Profits reported under variable and absorption costing will differ when inventory increases or decreases during the year. The difference involves the timing with which fixed manufacturing overhead becomes an expense. Under variable costing‚ fixed overhead is expensed immediately as it is incurred. Under absorption costing‚ fixed overhead is inventoried
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have asked me to recommend three quantitative objects that ought to be tracked about every client that calls and/or their conduct about snack foods and specify whether the variables are continuous or discrete. We will begin by discussing what quantitative data/research is‚ define discrete variables‚ define continuous variables‚ and I will provide my three recommendations. (CTU Online 2014) II. Quantitative Data/Research Quantitative research is conducted utilizing sampling approaches (such as customer
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A macro environment comprises the external factors that can influence a business. These factors are often out of the control or management ability of a company. Factors typically include economic‚ demographic‚ political‚ and technological forces in business. Business owners and managers often spend copious amount of time and effort to assess the overall economic environment in order to determine the number and strength of each factor. Strategies and performance reviews can help owners and managers
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