gooda available for sale. -the consistency principle states that the busineses should use the same accounting methods from period to period. -under the FIFO‚ the ending inventory is based on the cost of the most recent purchases. -the value of purchases remains the same irrespective of the inventory valuation method used. -using FIFO‚ the COGS is based on the oldest purchases. -the accounting conservatism principle requires that financial statements should report LEAST favorable figures. -do
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Cost Accounting -- MIDTERM 1 1) Pointed Pencil company incurs the following costs in its manufacture of pencils. Classify each one of them according to one of the value chain functions: Functions: A) Research and Development B) Design of products‚ services‚ and processes. C) Production D) Marketing E) Distribution F) Customer Service G) Strategy and Administration ____ 1) Cost of wood used in manufacture of pencils. ____ 2) Cost of wood used in packing cartons to ship pencils. ____
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BM6026 - Managerial Accounting & Finance Mini Assignment - Sem 1 2014/2015 Name : Suriati Binti Yusse Matric no : MB1412199T Class : Tuesday - 7.00PM - 10.00PM product selling price Variable Cost : Material : Extract of Tongkat Ali Other Ingredients Packing Material Overhead Cost : Drying cost of liquid Other Overhead Cost Labour Cost : Processing Packaging Total Variable Cost Unit Contribution Margin Expected volume sales % of total sales Weighted Contribution Q1 : capsule
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the model was that there were no economic profits in the long run. In a monopoly‚ the firm typically earns a positive economic profit. Why is there this difference? The lack of barriers to entry will allow competitors to enter the market unil economic profit is zero. These firms are price takers‚ and they cannot affect prices because their demand curve is horizontal. (4 marks) 2. Assume that a single firm in a pure competitive industry has a fixed cost of $6500 and variable costs as indicated
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UAE-based group firm Weikfield International". The Times Of India. 30 June 2012. 6. "Making A Difference." Dabur India (Media centre). Accessed October 2011. 7. (14 June 2011.) "Snapdeal adopts village in Uttar
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let’s first consider what is meant by vertical separation of a firm. Vertical separation of a firm is when that firm sells the good or service they produce through an independent retailer rather than sell its product itself directly to customers which is vertical integration. So when it come to incumbent firms‚ firms in which are already well established and selling within a market would it be better off if that firm is operated as one firm that is integrated or if in fact it would be better off if
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-TTY TTYs (also called Telecommunication Devices for the Deaf (TDD) and text telephones) are used for two-way text conversation over a telephone line. They are the primary tool used by deaf people (and some hard of hearing people) for telephone conversation. Other visual telecommunications technologies and services‚ such as Internet chat and messaging‚ email‚ e-paging‚ and fax and e-mail are also used in telecommunications by people who are deaf or hard of hearing. -TRS Telecommunications
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G. L. Bajaj Institute of Management and Research Greater Noida TERM PAPER ON DETAIL STUDY OF OUTPUT DEVICES OF COMPUTER Submitted to: Submitted by: Prof. Loveleen Gaur. 25. Monika Priyadarshni. GLBIMR 26. Md. Altaf Hussian Khan. GREATER NOIDA 27. Naman Jain. 28. Naveen kumar. 29. Nikhil Kumar. 30. Prakash Pandey. ACKNOWLEDGEMENT We would like to express our gratitude to all those who gave us the possibility to complete this term
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Analysis: The Firm www.irfanullah.co Graphs‚ charts‚ tables‚ examples‚ and figures are copyright 2012‚ CFA Institute. Reproduced and republished with permission from CFA Institute. All rights reserved. 1 Contents and Introduction 1. Introduction 2. Objectives of the Firm 3. Analysis of Revenue‚ Costs and Profits www.irfanullah.co 2 2. Objectives of the Firm • The objective of the firm should be to maximize shareholder value • This reading assumes that the objective of the firm is to maximize
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German Accounting - GPK Leave it to the Germans to develop a costing model based on detail‚ precision and improving overall control. Flexible Analytic Cost Planning and Accounting (GPK) is a powerful tool‚ having withstood 60 years of alternative methodologies and widespread hands-on use across Europe. In manufacturing companies‚ particularly those with a homogenous product line‚ GPK can be used to define the effects of resource consumption to the bottom line while greatly illustrating to management
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