------------------------------------------------- ASSIGNMENT ON COST CONTROL AND COST REDUCTION ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- -------------------------------------------------
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INTERNATIONAL B-SCHOOL SUBJECT: FINANCIAL & COST ACCOUNTING Total Marks: 80 N.B.: 1)Allquestionsarecompulsory 2) All questions carry equal marks. Q1) ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In addition‚ ABC Ltd will have to incur costs of Rs 1.50 per unit for freight and Rs 10‚000
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Joseph-Arman an Bombardier’s garage to a global business in which it’s once core recreational products were over shadowed‚ on a revenue basis at least‚ by its offerings in transportation‚ aerospace‚ and capital. In every segment in which the company operated it was either number 1 or 2 globally. This was not the case for the Transportation group (BT) in Europe‚ where in 2001 it sat in fourth place behind Alstom‚ Siemens and Adtranz (AT). However‚ the AT acquisition presented the opportunity to vault BT
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2 explain the calculation of unit costs and make pricing decisions using relevant information Pricing is depend on the unit costs‚ consumer capability and the breakeven analysis‚ To perform the breakeven analysis and to calculate the unit cost ‚we should consider about the two relevant costs. Those are fixed costs and variable costs. Fixed costs – Costs that will not change with in a period of time . ex- Machineries‚ Insurance. These are the essential costs that should be considered at the beginning
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Factors affecting Pricing Strategies Introduction Pricing can be defined as the assignment of value or the cumulative amount of value that a customer must exchange in order to receive a particular product or service (Gerth‚ n.d.). For marketers‚ pricing can be viewed as a single strategic tool that can translate a potential business entity into reality (Abratt & Pitt‚ 1985). On the same notion‚ Avlonitis & Indounas (2005) noted that pricing is the only element of the marketing mix that
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5 / ¼.5= .67%/ 22%= 3.05 Ch 22 #7 1. Key Question A firm has fixed costs of $60 and variable costs as indicated in the table on the following page. Complete the table and check your calculations by referring to question 4 at the end of Chapter 23. 1. Graph total fixed cost‚ total variable cost‚ and total cost. Explain how the law of diminishing returns influences the shapes of the variable-cost and total-cost curves Graph AFC‚ AVC‚ ATC‚ and MC. Explain the derivation and shape of each
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6: TRANSPORTATION‚ TRANSSHIPMENT AND ASSIGNMENT PROBLEMS Transportation Problem - A distribution-type problem in which supplies of goods that are held at various locations are to be distributed to other receiving locations. - The solution of a transportation problem will indicate to a manager the quantities and costs of various routes and the resulting minimum cost - Used to compare location alternatives in deciding where to locate factories and warehouses to achieve the minimum cost distribution
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Table Of Content No Description Page 1. Introdution 3 2. What Are The Properties Of Crude Oil. 4 3. Average OPEC Crude Oil Price From 1960 - 2013 5 4. Q1. Why is OPEC considering cutting the production of crude oil further? Use a diagram to explain. 6-8 5. Q2. Why do analysis say that reducing the production of crude oil is not going to increase the price of crude oil? 9-10 6. Q3. What has happened to crude oil prices
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Empathy and transportation are two qualities that allow readers to become absorbed into a story and both are necessary to create a sense of connection with the characters within a narrative. Researchers describe empathy as the capacity to share another’s feelings and emotions (Stansfield & Bruce‚ 2014). While researchers defined transportation as a phenomenon where readers often forget about time and their environment since they are completely immersed in the world of the narrative (Green‚ Brock
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- Impact on Transportation Technology All transportation depends on technology‚ whether it’s the wheel‚ the jet engine‚ or the computer chip. Transportation is not just technology‚ it’s a system of technology‚ people‚ energy‚ money‚ and more. However‚ advances in technology play a key role in shaping transportation systems‚ which in turn help to shape our lives‚ landscapes‚ and culture. Because transportation is so important to commerce‚ and literally and figuratively‚ it is so much depended on
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