have done above is a “full-cost” analysis. This is in contrast to a “direct-cost” analysis that ignores overhead costs. Is full cost the right metric for job profitability and customer profitability? What assumptions are we making about the variability of overhead costs when we do a “full-cost” analysis? By allocating the overhead costs to jobs and customers there is an implicit assumption that these are variable with the cost driver. In reality‚ some of the overhead costs are fixed‚ at least in the
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Kulliyyah of Economic and Sciences International Islamic University Malaysia Issues in Islamic economics (ECON 4510) DR. MUHAMMAD YUSUF SALEEM SECTION: 1 GROUP ASSIGNMENT Financial Crisis Recovery Bahiyah Mohsin Fadzli (0810620) Fahmaninda Listiyani (0828520) Meriati Ramli (0738342) Muthia Rosadila (0825134) 1997-1998 Financial Crisis The weaknesses in Asian financial systems were at the root of the crisis that caused largely by the lack of incentives for effective risk
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Plant overhead $122‚000 D/L rate/hour $30 Youngstown has a traditional cost system. It calculates a plant-wide overhead rate by dividing total overhead costs by total direct labor hours. Assume‚ for the calculations below‚ that plant overhead is a committed (fixed) cost during the year‚ but that direct labor is a variable cost. 1. Calculate the plant-wide overhead rate. Use this rate to assign overhead costs to products and calculate the profitability of the four products. The assignment
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expense or depreciation cost is fixed cost or variable cost in nature? Fixed costs: Fixed costs are such costs that do not change with the change in activity level within the relevant range. Where relevant range can be defined in terms of time or activity level. Variable costs: Variable costs are such costs that change with the change in activity level . Coming to the question‚ depreciation expense or depreciation cost can either be fixed or variable and this depends on the method adopted to measure
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11 Allocation of Joint Costs and Accounting for By-Product/Scrap Objectives After completing this chapter‚ you should be able to answer the following questions: LO.1 LO.2 LO.3 LO.4 LO.5 How are the outputs of a joint process classified? What management decisions must be made before beginning a joint process? How is the joint cost of production allocated to joint products? How are by-product and scrap accounted for? How should not-for-profit organizations account for the cost of a joint activity?
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Hope is something we all want when it comes to getting your favorite food or hanging out with your friends. Maddie is not your average girl and wants to get out of rehab and stop her drug and alcohol addictions. “Recovery Road” has a very clear theme wich is there is always hope. Maddie goes through alot in the book but she never truly gives up. When she got to highschool after her time in rehab she thought she would never get into a collage or stop her drug and alcohol problems. Maddie thought
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CASE 4: Pauli’s Restaurant and Microbrewery Draft a response to this customer. Analyze the responses of your classmates. What makes a good “service recovery” response. Develop some general guidelines. A. Response Letter: Dear Sir/Ma’am‚ I am writing in response to your letter in which you described your disappointment in our service. I apologize for the treatment you and your family received and want to assure you that it does not reflect the quality of service we strive to maintain. I have
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Vassil Doudov English 1302-7002 04/28/2012 Mss. Brown Iraq for Sale The first scenario shows how a young man gets killed because of lack of protection in his vehicle. Scotty had a two month contract in Iraq which also allowed him to make a lot more money working there. Blackwater security counseling is the name of the company he worked for. There were four American civilians killed and sadly Scotty was one of them. First his vehicle was not armored properly. Second there was no gunner
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SMART Recovery meetings. These do not tell you what to think or believe - just what we expect of each within the meeting itself. Sticking to these guidelines will keep the meetings effective and safe. The facilitator will try and keep the meeting to these principles‚ but it is important to remember that everyone in the meeting should do their bit to keep the meeting on track. 1. Mobile PhonesAll mobile phones must be switched off or on Silent mode‚ unless you are the official SMART recovery call-handler
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f. Data Flow Diagram ……………………………………………..16 * Exploded diagram ………………………………………16 * Context diagram ………………………….…………….19 g. Entity Relationship Diagram ……………………………….……20 Chapter 3 RESEARCH METHODOLOGY AND SYSTEM DESIGN a. Methods of Research Used …………………………………..21 b. Data Gathering Instrument ………………………….……….22 c. Analytical Tools ………………………………………….…..23 Chapter 4 ANALYSIS‚ INTERPRETATION AND PRESENTATION OF DATA a. The Existing System …………………………………………24
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