firm’s selling and administrative expenses are operating expenses; therefore they are treated as Period Cost rather that Product Cost. This type of cost is unrelated to manufacturing overhead and cost of goods sold. | Manufacturing Overhead:Manufacturing overhead includes all costs of manufacturing such as indirect material‚ indirect labor‚ property taxes‚ maintenance and repairs‚ insurance etc. It excludes the direct material and direct labor. The selling and administrative expenses will not be
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However‚ the legal system in the United States can be very complex but can be broken down into groups: statutes‚ constitutions‚ administrative decisions and regulations‚ common law‚ treaties‚ executive orders and ordinances. Of these groups‚ the most common terms one may hear in a business or social environment are constitutional‚ common‚ statutory and administrative law. Constitutional “Constitutions have two primary functions one to prescribe the basic structure and powers of a particular
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is a newly emerged discipline compare to other Social Science’s discipline. Public Administration has gained immense importance since the emergence of Administrative state. In Ancient Greek‚ Roman and Indian political system gave more importance to the concept of Administration. Kautilys’s “Arthasathra” contributed large scale in the administrative system; it deals every aspect of the state and its relation to subjects. In simple sense Public Administration is state mechanism. In every Political System
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review of the following parts: Informal Agency Action Formal Agency Action Advantages and Disadvantages Business - General Business The Continuum of Legal Formality . There are a range of administrative procedures available to public administrators to handle administrative law issues. Administrators may accomplish tasks through informal procedures or they may conduct formal hearings. Statute may determine which procedures must be followed‚ or it may be up to the administrator’s
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Administrative Agencies • Lobbying administrative agency personnel is different than lobbying legislators in that the latter are concerned about their electoral fortunes. • Presidential appointees‚ who are at the apex of the federal bureaucracy‚ are concerned about supporting
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1. a.) Contribution per CD unit: Unit Selling Variable Costs $9.00 1.25 - .35 1.00 = $6.40 $6.40 b.) Break-even volume in CD units and dollars: ($275‚000 + 250‚000) / 6.40 = 82‚032 units 82‚032 * $9.00 = $738‚288 to break even c.) Net profit if 1 million CD’s sold: 1‚000‚000 * 6.40 = 6‚400‚000 6‚400‚000 525‚000 = $5‚875‚000 d.) Necessary
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Help screen for the Marketing and Admin Report (see the section on Administration Expenses)‚ which of the following statements regarding your company’s administrative costs is false? The company’s accounting system allocates all administrative expenses to branded footwear; no administrative expenses are allocated to private-label footwear. Administrative expenses
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Organization and Manpower Manual Human Resources Development Organization Structure (Version 10.1) Jeddah 2010 This document is confidential and is intended solely for the use and information of the client to whom it is addressed. Version 10.1 General Authority of Civil Aviation Kingdom of Saudi Arabia Version 10.1 ٠ Table of Contents Target Human Resources Development Organization Manual – Target Human Resources Development Organization Structure – Target Human Resources Development
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Changing role of office professionals THE ADMINISTRATIVE ROLE‚ more than most others‚ has been profoundly affected by the information revolution‚ according to Canadian researcher Alice de Wolff. At a meeting of the Office Worker’s Career Assistance Group of Toronto‚ Ms. de Wolff noted that office professionals work constantly with new information technologies. They bring the information economy to life and experience the impact of the information revolution on a daily basis. She told
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Substantive Powers Chapter 7 dealt with the nature and characteristics of administrative powers while Part 1 described the various administrative agencies which use those powers. Whereas the statutory procedures described in Chapter 9 and the rules of natural justice described in Chapter 10 determine the steps to be taken in pursuing the exercise of administrative powers‚ the present chapter is concerned with the rules of administrative law as they are developed and applied for the purpose of defining
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