manufacturing cost categories. LO2 Distinguish between product costs and period costs and give examples of each. including calculation of the cost of goods sold. LO4 Prepare a schedule of cost of goods manufactured. LO5 Understand the differences between variable costs and fixed costs. LO6 Understand the differences between direct and indirect costs. LO7 Define and give examples of cost classifications used in making decisions: differential costs‚ opportunity costs‚ and sunk costs. LO8
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Ravinder Gahlout(12P098) Srinivasan Ramesh(12P108) Vipul Garg(12P118) Submitted By: 2012 Table of Contents Introduction 3 ASIC Division - Cost Pools 4 Cost accounting system at ASIC: 5 Internal and external customer: 6 Situation at ASIC division (as on March 1996) 7 Western Digital Proposal 7 Capacity Analysis 8 Diferential Manufacturing Cost Budget 10 Introduction Sub Micron Devices started its operations in mind 1980s. The company was located in Phoenix‚ Arizona‚ and had 400 employees
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Romero W1A3: Case Study: Biological Basis of Diseases Due: Sunday‚ May 22‚ 2011 The most current thoughts and theories on the cause of Alzheimer ’s Diseases is that Minnie is forgetting things‚ calling her oldest son‚ Chester‚ her husband ’s name‚ getting upset easily‚ and speaking in Italian. The theories would be the children looking up the information from the signs their mother is showing of the Alzheimer ’s Diseases and deciding if she should have extensive testing or going to the doctor
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Navonne Johns once expressed‚ “A person’s character is shown through their actions in life not where they sit on Sunday” (Quoted in “Quotes About Misleading” 1). Mark Twain shows this religious bigotry through his depiction of the Grangerford and Shepardson family. The two families come to church‚ and listen to a sermon on brotherly love‚ while in the next day‚ kill one another. Contributing to this example‚ Twain mocks religion through The Adventures of Huckleberry Finn with his satirical attacks
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Week Two Quiz – Biological Basis of Behavior Instructions: Each question is worth 2 points. Type your answers in the space adjacent to each question. Submit as an attachment in your assignment link. 1. The brain’s ability to adapt to new environmental conditions is called: Neural plasticity 2. Severe damage to the hippocampus will result in what effect on a person’s memory? People with severe damage to this area can still remember names‚ faces‚ and events that they recorded in memory
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Cost Behavior Cost behavior is term for describing whether a cost changes when the level of output changes. The cost can vary proportionately with the changes in the level of activity or unaffected by changes in the level of activity. Costs can be variable‚ fixed‚ or mixed. A cost that does not change in total as output changes is a fixed cost. A variable cost‚ on the other hand‚ increases in total with an increase in output and decreases in total with a decrease in output. Understanding how costs
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RE: Legal Basis of Philippine Education 1935 Constitution‚ Article XIV‚ Sec. 5: Quote:Section 5. All educational institutions shall be under the supervision of and subject to regulation by the State. The Government shall establish and maintain a complete and adequate system of public education‚ and shall provide at least free public primary instruction‚ and citizenship training to adult citizens. All schools shall aim to develop moral character‚ personal discipline‚ civic conscience‚ and vocational
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Fixed Guards – Best Practice Depends on Machine/Equipment best method of machine guard is used. Fixed guards can be isolated to three sections; 1. Static Interlocking 2. Locked Guards and Gates 3. Adjustable Fixed Guards 1. A static fixed guard is best practice depending on the scenario. It is fastened securely to the machine either by welding or by fasteners that cannot be detached without the use of tools. Guards should be constructed and arranged so it is impossible for anyone
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CHAPTER 22 The Costs of Production Topic Question numbers ___________________________________________________________________________________________________ 1. Costs: explicit and implicit 1-9 2. Profits 10-23 3. Short run versus long run 24-31 4. Law of diminishing returns 32-55 5. Short-run costs 56-157 6. Long-run costs 158-193 Last Word 194-196 True-False 197-210 ___________________________________________________________________________________________________
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Determination of per Unit Total Costs. The estimated unit costs for Hoteling Industries‚ when operating at a production and sales level of 10‚000 units‚ are as follows: Cost Item Estimated Unit Cost Direct materials $15 Direct labor 10 Variable factory overhead 8 Fixed factory overhead 5 Variable marketing 4 Fixed marketing 3 Required: (1) Identify the estimated conversion cost per unit. (2) Identify the estimated prime cost per unit. (3) Determine the estimated total variable cost per unit. (4) Compute
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