ending inventory of work in process. As the accounting manager‚ write a memo to Mr. Talbott‚ explaining why the ending inventory figure should be extremely accurate‚ with as little slack as possible. (Points : 20) | 2. (TCO 9) Garner Company requires its marketing managers to submit estimated cost behavior data on all requests for new products or expansions of a product line. Judy Oslo is a new manager. Her calculations show a fixed cost for a new project at $100‚000 and a variable cost
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How Macroeconomics affects business Macroeconomics is a branch of economics that explores trends in the national economy as a whole considering the study of the sum of individual economic factors. Macroeconomics considers the larger picture‚ and an understanding of how do business operates is crucial to understand macroeconomics. Macroeconomics is intertwined with business because business is affected by the factors that constitute macroeconomics. Circular-flow diagram: a visual model of the economy
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SUBSIDIARY DIPLOMA BUSINESS UNIT 5: Business Accounting 10 Credits Name..................................... Accounting Ratios Unit 5 BTEC SUBSIDIARY DIPLOMA IN BUSINESS Objectives for today Describe what accounting ratios are Explain who uses them and why List and explain the key accounting ratios You will need: A calculator a copy of Surridge Meats Balance Sheet A copy of Days Paints P&L Sheet 1 Accounting Ratios: What are they? A method of interpreting the information
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pages (incl. this cover sheet) 5 ALLOWABLE MATERIALS AND INSTRUCTIONS TO CANDIDATES 1. Write your fUll name and student number on each exam booklet together with the number of exam books used. 2. Students must not write‚ mark in any way any exam materials‚ read any other text other than the exam paper or do any calculations during reading time. All mobile phones must be switched off and placed under your desk. You are in breach of exam 3. conditions if it is on your person (ie
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whether the current staff would be able to handle the capacity of patients above the present workload that is divided among the surgeons‚ nurses‚ cleaning staff‚ and administration. The current executive team is also concerned about how the working environment would change with an internal expansion plan. It is for these reasons that expanding off-site to a new location seems to be the most plausible step toward successful expansion for the Shouldice hospital. Possibly expanding to a location in the
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The world ’s business and trade has become faster‚ easier and more reliable. The ability to connect with people around the world has allowed long distance transactions to occur. Business relationships that may not have been possible 50 years ago because there was not a means to communicate effectively are more readily maintained in today ’s world. The difference between today and 50 years ago is that much of the learning is being taken over by machines. “People used to be valued for knowing a
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Leading Change When Business Is Good • If not reviewed on a regular basis‚ a company’s vision or belief system can become misaligned or distorted. • Companies are organic systems that need to learn to adapt‚ yet remain true to their essence‚ their misson and their identity. • Today’s work places are more educated and diverse than those of the past. These teams can be united and motivated by a strong value or belief system. • Command and control mechanisms cannot be imposed
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period is written off in full against the contribution for that period. For contribution‚ is the difference between sales value and the variable cost of those sales‚ expressed either in absolute terms or as a contribution per unit (The Association of Business `Executive‚ 2009). It is assumed that M&S used marginal costing evidence in their financial statement. The proportion variable cost in the cost of sales figure is relatively high. Critics argued in marginal costing fixed overheads are not charged
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Education REF: MoE/010/A/2004 DATE: 09 June 2004 ________________________________________________ RE: APPOINTMENT OF GRADUATES IN MAINSTREAM SCHOOLS AND INTAKE OF TEACHER TRAINEES STARTING JANUARY 2005 This is to inform you that there will be some changes starting January 2005 concerning the Appointment of Graduates from Colleges of Secondary Education and intake of student teachers. The Ministry has decided that not all students currently enrolled in Colleges - Secondary‚ will be absorbed in mainstream
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the employees as a whole. Some of the questions that require clarification include: To what extent should catering be providing a welfare benefit to the staff? Should catering operate as a service to support the wider needs of the company? Should the financial target for catering be set to recover direct operating costs only‚ as opposed to total cost recovery or profit generation? Should all facilities remain for the use of Siemens personnel only as opposed to
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