Activity Based Costing for Activity Based Management Meiklejohn Paul‚ Director Management Consulting 17 February 2012 Agenda 1. What is Activity Based Costing (ABC)? 1.1 What is ABC and Why should it be used? 1.2 Traditional costing vs ABC 1.3 Activity based costing processes 2. How ABC should be used to manage (Activity based management)? 2.1 When to use ABC? 2.2 How to use ABC for ABM? 2.3 Scoring High - Low value adding activities 2.4 Activity Based Management applications 3. ABC/ABM implementation
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TK Maxx TK Maxx is a relatively new arrival in the UK. Their parent company TJ Maxx have been operating in the United States since 1976 and the first UK store was opened in 1994. The company was renamed TK Maxx in the UK in order to avoid confusion with TJ Hughes. Its business model is that of an “off-price” department store‚ which means that it will buy excess stock from major department stores and other sources and sell it at discounted prices. Naturally TK Maxx can also benefit from the global
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Californium Cf Californium is a radioactive metal found in the actinide category of the periodic table. Its standard attomic weight is 251 and is elemenent numer 98. History Californium was first synthesized at the University of California‚ Berkeley by the physics researchers Stanley G. Thompson‚ Kenneth Street‚ Jr.‚ Albert Ghiorso‚ and Glenn T. Seaborg on or about February 9‚ 1950. It was the sixth transuranium element to be discovered; the team announced its discovery on March 17‚ 1950
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Do you really know the Mayan culture? Their culture was unique like No other. Did you know the last Mayan state existed until 1647 and That no one really knows what caused the collapse of the Mayan Culture. The three main things that the Mayan culture like no other Is their food‚ believes and their life style. The Mayans believes were very different then any other person they Believe in blood sacrifice. Some Mayans still live in their home region And even still practice
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What is autism? Autism spectrum disorder (ASD) is a range of complex neurodevelopment disorders‚ characterized by social impairments‚ communication difficulties‚ and restricted‚ repetitive‚ and stereotyped patterns of behavior. Autistic disorder‚ sometimes called autism or classical ASD‚ is the most severe form of ASD‚ while other conditions along the spectrum include a milder form known as Asperger syndrome‚ and childhood disintegrative disorder and pervasive developmental disorder not otherwise
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Attention Deficit Hyperactivity Disorder‚ or ADHD for short‚ is a condition in which the diagnosed may seem restless‚ easily distracted‚ and may have difficulty focusing on what appears to be a fairly easy task (Gale 2010). The disorder is most commonly found in young children and studies have shown that young boys‚ between the ages of four and fourteen‚ are three times more likely to be diagnosed with the disorder than girls in the same age range (CDC 2013). Over the past twenty-five years‚ ADHD
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The fictional story of Gladiator is simplicity itself. General Maximus (Russell Crowe) fights in the wilds of Germania with the dying Emperor Marcus Aurelius‚ is promised the throne with the mission of returning Rome to “The Republic.” Before he can finalize his anguished deliberations‚ Commodus (Joaquin Phoenix)‚ Marcus’ son‚ sends his father out and claims the throne. Maximus is sentenced to death as a possible opponent‚ and is taken to the Black Forest for a messy death. His wife and child are
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The Roaring Twenties * The flapper‚ a sign of the 1920’s‚ characterized the changes that were occurring in the decade. Flappers were young ladies‚ usually dressed in different styles. Some were also known to be cigarette-smokers and cosmetics-wearers * The Prohibition Act was in effect but places such as “speakeasies” were ways to get around this new act. People would purchase illegal alcohol * The 18th Amendment made the sale‚ distribution‚ and consumption of alcohol illegal *
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Geographical Features - Venezuela has seven physical geographic regions; The Andes Mountains‚ which include the highest peaks in the country‚ extend northward into Venezuela in two branches divided by the Lake Maracaibo Lowlands. Pico Bolivar is the highest point of the Venezuelan Andes at 16‚427 feet and it is located in the eastern branch‚ the Cordillera de Merida The Sierra de Perija‚ the western branch‚ extends along the border with Colombia. The lowlands of Lake Maracaibo are overlooked by the
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What is Quality? Hoyer & Hoyer state that quality standards and customer expectations‚ in various guises‚ have been in existence for many centuries. However international quality standards‚ the formal study and implementation of “Quality” are the preserve of the 20th & 21st centuries. Consumers in the last 20-30 years have become finely tuned to the existence‚ value and need for quality but do they actually know what it is? Hoyer & Hoyer identified 8 quality guru’s and summarise their definition’s
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