cost is the per unit cost of inventory multiplied by the holding cost rate Step 1: Input variables into the equation Step 2: Follow mathematical order of operations: simplify and solve for numerator 2(670000)(320) = 428800000=20795344.3258972 Step 3: Follow mathematical order of operations: Divide numerator by denominator 428800000/20.62 Step 4: Square roots your quotient and get your final result of the equation = 4560 Step 5: Round up to the nearest Unit to get you final answer. In order to minimize
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Competition Bike Operational Strengths and Weaknesses based on Horizontal Analysis It is important to have a working definition of the term horizontal analysis. The free dictionary defines horizontal analysis as “the process of dividing each expense item of a given year by the same expense item in the base year. It allows assessment of changes in the relative importance of expense items over time and the behavior of expense items as sales change”. The company had an outstanding performance in
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Explain the Importance of CONFIDENTIALITY AND DATA PROTECTION Define Data Protection Act 1998 It is a law that protects personal privacy and upholds individuals’ rights. It applies to anyone who handles or has access to information about individuals. The Act also gives rights to the people the information is about. By law‚ everyone in the workplace must follow the rules set out in the Act and help protect individuals’ rights. It is important to maintain confidentiality on a childcare setting
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Assume that Baldwin Company accepted the orders of Hi-Valu Company to make profits. In this condition‚ we should know whether Hi-Valu Company had enough short term assets to cover its short term debt. Therefore‚ we should calculate Working Capital ($) of Baldwin Company: The cost of each finished product in the first year: Materials + labors + variable cost (24.5*40%)=39.8 + 19.6 + 9.8=$69.2 Inventory Finished products: 69.2*4‚500(inventories in warehouses)=$311‚400 Semi-finished products:
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CAPITAL BUDGETING AT RELIANCE CAPITAL Specialization: Finance Under the Guidance of: Submitted By: Mr. Debashish Chaudary Prarthana Bajaj Mrs. Archana Singh Nupur Singhal Utsav Goel Taruna Bhadana Arjun
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Learning difficulties‚ cultural pressure and access to resources can all contribute to learner’s boundaries; however access to the course should be open to all regardless of race‚ age‚ religion‚ disability‚ gender or special needs. Issues arise wherever any of above situations is not taken into consideration. Inclusion of all or most of the issues in the enrolment form helps to eliminate the barriers and gives better prospect of learners attending the course. Information like whether student needs
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Chris finished her evening Masters of Business Administration degree in December 1999. As part of her graduate studies‚ she was introduced to the balanced scorecard (BSC)‚ a performance measurement system that directs decision-makers toward long-term value-creating activities. Chris thought the BSC could be used to improve the financial performance of TCCB. In late December 1999‚ she approached the chief executive officer (CEO) and requested permission to implement the new program. TCCB’s CEO
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Week 3 individual CMGT/410 Christopher Morrison Project budget Our company will be holding a ten hour 2 day training course for the new company wide compliance system. This training will be hands-on and conducted in person at the riverside life arts building located at 4036 University Avenue riverside California. Training will take place upstairs in the main banquet hall. Training will begin at 10 a.m. on Saturday the 6th of December 2014. The second training session will take place at 10 a.m. on
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Master Budget Master Budget Definition The master budget is the aggregation of all lower-level budgets produced by a company’s various functional areas‚ and also includes budgeted financial statements‚ a cash forecast‚ and a financing plan. The master budget is typically presented in either a monthly or quarterly format‚ and usually covers a company’s entire fiscal year. An explanatory text may be included with the master budget‚ which explains the company’s strategic direction‚ how the master
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