kind advice‚ suggestion‚ direction‚ and co-operation. First of all‚ we would like to thank Almighty Allah‚ as we have become able to complete our assignment appropriately and suitably. We are really grateful to our teacher for giving us an opportunity to gather some practical experience. We are grateful to Banoful & Co. for allow us to industrial visit in their production house. We are also grateful to Mr. Ataur Rahman‚ the production manager of Banoful & Co. who gave us the information related
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For 3 reasons: 1. Nicholson File Company is a company that is financially healthy. With increase in sales in the last 5 years. Today is a very liquid company. Their liabilities are very well controlled. Opportunity cost reduction due to the merger and thus increases margins. 2. The opportunity presented to Nicholson File Company Cooper Industries is huge‚ because this purchase with Nicholson and its product line that would strengthen the industrial market is that Cooper has weaker. 3. Sales
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allocate the resources to the people‚ as we said on the above‚ people will have unlimited wants and needs but there are only limited resources. So there will be trade-off. The opportunity cost is what we need to give up obtaining and getting something. (Definition: the benefits forgone of the next best alternative. ) Opportunity Cost - the benefits forgone of the next alternative. Production Possibility Frontier(PPF) – the curve that shows the maximum potential level of output of one good given
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INVENTORY CARRYING COSTS: Inventory carrying costs refers to the costs associated with carrying a quantity of stored inventory. This is one of the vital costs that needs to be optimized in any logistics system. It is a well-known fact that the inventory carrying costs is a part of the total logistics costs of the firm. Aspects of these vital costs can be described and evaluated from a variety of perspectives. Knowledge of inventory carrying costs is likely to be important to the success of any business
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1). Fixed cost per unit decreases when: a. Production volume increases. b. Production volume decreases. c. Variable cost per unit decreases. d. Variable cost per unit increases. 2). Prime cost + Factory overhead cost is: a. Conversion cost. b. Production cost. c. Total cost. d. None of given option. 3). Find the value of purchases if Raw material consumed Rs. 90‚000; Opening and closing stock of raw material
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shareholder. 1. Why does CSX want to buy Conrail? How much should CSX be willing to pay? Some of the reasons why CSX wants to buy Conrail are‚ to increase the consolidation in the Railway industry. Further consolidation typically means lower cost for the consolidators fx because economies of scale and synergies and …. A consolidation also results in lower competition inside the industry‚ which typically follows with higher‚ or at least not lower‚ prices and therefore higher profit. Another
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Whole = Percent Expense Revenue = Expense % Profit Revenue = Profit % Desired Profit Revenue = Desired Profit % Revenue – (Food and Beverage Cost + Labor Cost + Other Expense) = Profit Food and Beverage Cost Revenue = Food and Beverage Cost % Labor Cost Revenue = Labor Cost % Other Expense Revenue = Other Expense % Total Expense Revenue = Total Expense % Profit Revenue = Profit % Actual
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to go wrong in the analysis of direct material and other direct costs and what could be done about it. The analysis of direct material and other direct costs and what could be done about it is that when a particular organization prepares for the budget in relation to the cost of direct material or direct labor then‚ it has to consider the inflation rate and the standard rates in the industry. In relation to the direct labor cost‚ the organization has to analyze of the industrial standard of the
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employees to different task assignments. Unfortunately‚ there are disadvantages to specialized task assignments. They include forgone complementarities across tasks‚ coordination costs‚ functional myopia‚ and reduced flexibility. Under forgone complementarities across tasks‚ “sometimes‚ performing one task can lower the cost of having the same person perform another task” (Brickley‚ Smith‚ & Zimmerman‚ 2009‚ p. 396). Employees often need to have knowledge of other areas in
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Publichttp://pfr.sagepub.com/ Finance Review Public Subsidies to Stadiums: Do the Costs Outweigh the Benefits? Daraius Irani Public Finance Review 1997 25: 238 DOI: 10.1177/109114219702500205 The online version of this article can be found at: http://pfr.sagepub.com/content/25/2/238 Published by: http://www.sagepublications.com Additional services and information for Public Finance Review can be found at: Email Alerts: http://pfr.sagepub.com/cgi/alerts Subscriptions: http://pfr
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