Content 1. Introduction 4 2. Part Ⅰ--Standard Costing System and Variance Analysis 5 2.1. Definition 5 2.2. Scenarios of Standard Costing System and Variance Analysis 5 2.2.1 Scenario Ⅰ Manufacturing Companies—Auto-making Firms 6 2.2.2 Scenario Ⅱ Service Industries—Banks 7 2.2.3 Scenario Ⅲ Other Industries That Have not Repetitve Processes—AdvertisingFirms 8 2.3. Standard Costing System on Different SIzes 9 2.4. Variance Analysis 9 2.4.1 Total Production Cost Variance 9 2.4.2
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Marginal Costing is ascertainment of the marginal cost which varies directly with the volume of production by differentiating between fixed costs and variable costs andfinally ascertaining its effect on profit. The basic assumptions made by marginal costing are following: - Total variable cost is directly proportion to the level of activity. However‚ variable cost per unit remains constant at all the levels of activities. - Per unit selling price remains constant at all levels of activities. - All
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BUS 375: Project Management Assignment 1 Project Motorcycles by Dorinda Greenfield Instructor: Pamela Payne Strayer University Select one (1) of the types of project organization that would suit the development of the larger touring class motorcycles. Outline the process steps that your company would take in order to develop the motorcycles. Provide a rationale for the response. The things to consider when selecting a project organization are: project length‚ project size‚ and
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spending their time efforts and money just to follow the trends in terms of technology and information. Since we are dealing in information technology‚ we propose a system not only for a database but to have a network-base Library system. Based on this study‚ the researchers come up to develop a local area network or LAN-based library system for Metropolitan Academy of Manila which will enable the school to manage their students effectively and so gain more competitive advantage than previous. August
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ESTIMATING EMISSION FACTORS FOR MOTORCYCLES IN REAL-WORLD TRAFFIC CONDITIONS OF HANOI TA HUONG THU‚ LE ANH TUAN‚ NGHIEM TRUNG DUNG Hanoi University of Technology I. INTRODUCTION According to National State of Environment 2007 (Ministry of Natural Resources and Environment)‚ the traffic activities caused 85% CO and 95% VOCs of total emissions in the whole country. Hanoi‚ with 1.8 millions motorcycles (until June 2007)‚ is now facing with serious air pollution problem [1]. Estimating emission
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LIFE CYCLE COSTING Life cycle costing (LCC) is the process of collecting‚ interpreting and analyzing data and using quantitative tools and techniques to predict the future resources that will be required in any life cycle of a system of interest. LCC can also be defined as a technique to establish the total cost of ownership. It is a structured approach addresses all the elements of this cost and can used to produce a spend profile of a product over its life span. The result of LCC usually
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Performed: February 23‚ 2013 Z-2R/Z2-12 Date Submitted: March 4‚ 2013 Exercise 2: Effects of Human Activities on the Lake System Introduction Laguna de Bay is said to be the Philippines’ largest inland water body covering situated at the heart of CALABARZON. It is also specified that a total of twenty-four (24) sub-basins drain directly to the lake‚ with the Pagsanjan-Lumban Rivers System contributing to as much as 35% of the total inflow to the lake. In accordance with it‚ different sites
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St. Anthony College Calapan City Local Area Network Based Computerized Enrolment System for High School Students in Good Shepherd Academy A Research Proposal Presented to the Faculty of St. Anthony College Calapan City Camilmil‚ Calapan City In Partial Fulfilment Of the Requirements for the Degree Bachelor of Science in Information Technology Submitted to: Mr. Cirile Dominic A. Horlador Submitted by: Hernandez‚ Mary Ann Y. Ilagan‚ Methus Klen C. Pangilinan‚ Sir Leandro C. CHAPTER I INTRODUCTION
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Database Management Systems I Laboratory Exercise 1 – week 1 Year 1 Semester 2‚ 2013 Exercise 1: Group Activity Get into groups of 5‚ find details and do a 10 minutes presentation on the facts below. 1. Siripala Amarasinghe is a retail vendor of a small grocery shop. a) Explain how he maintains his sales information. b) Assume‚ now Siripala has expanded his business and is going to start a supermarket. Is it possible to handle purchase and sales information with his prevailing
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VARIABLE COSTING Learning Objectives 1. Explain the accounting treatment of fixed manufacturing overhead under absorption and variable costing. 2. Prepare an income statement under absorption costing. 3. Prepare an income statement under variable costing. 4. Reconcile reported income under absorption and variable costing. 5. Explain the implications of absorption and variable costing for cost-volume-profit analysis. 6. Evaluate absorption and variable costing. 7
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