Activity based costing in manufacturing: two case studies on implementation The Authors Amrik S. Sohal‚ Department of Management‚ Monash University‚ Australia Walter W.C. Chung‚ Department of Manufacturing Engineering‚ Hong Kong Polytechnic University‚ Hong Kong Acknowledgements The authors are grateful to the Financial Controller at MelCo and to Mr Richard Siu‚ now Deputy General Manager of Ciba Specialty Chemicals (China) Ltd. They are also thankful to the Hong Kong Government Industry
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Activity Based Costing can be defined as an accounting methodology that assigns costs to activities based on their use of resources‚ rather than products or services. This enables resources and other associated costs to be more accurately attributed to the products and the services which they use. It doesn’t change or eliminate any costs; it provides detailed information about how costs are consumed. (Online manager-net.com). Traditional cost accounting looks at what is spent‚ while ABC methods
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CSR ACTIVITIES OF ITC ITC Limited was incorporated on August 24‚1910 under the name of ‘Imperial Tobacco Company of India Limited at Radha Bazar Lane‚Kolkata.Later it was renamd as “Indian Tobacco Company.”in 1974.It is one of the Indias’s foremosrt private sector companies with a market of approx $14 billion.Its range of products includs:Cigerettes & Tobacco‚Hotels‚Information Technology‚Paperboards & Speciality Papers‚Agri-Exports‚Foods‚Lifestyle Retailingand Greeting
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Play dough activity I discussed with my manager that i was going to carry out a play activity. The project i have chosen to do is the making of play dough. I have chosen this activity because i feel this is a great pastime and a great experience between me and the children. I say this because the children can actually take part in the making of the product. I think this activity will help them to learn about colours‚ shapes................. My manager confirmed the activity and she was really
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Strength of Activity Based Costing The major strength of activity based costing is the ability to estimate the cost of individual products and services precisely. By transferring overhead costs to individual units of products or services‚ ABC helps identify inefficient or non-profitable products or activities that help into the profitability of efficient processes or highly profitable products. 1. More accurate costing of products/services Product cost determination under activity-based costing
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of Shakespeare’s King Lear‚ a tragic and powerful scene in which we witness Lear’s mind tragically giving way to the menace of madness‚ which has relentlessly pursued him throughout the play. However‚ the character of Lear only portrays one of the three forms of madness represented in the scene - he may… William Shakespeare’s tragedy‚ King Lear‚ is not merely a story of the ill effects of aging‚ but an illustration of a man plagued by pride and arrogance. Initially‚ Lear deems himself a man worthy
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Support Social Emotional Development and to Provide Positive Guidance Social Development and Emotional Development goes hand and hand. They are closely related .Social development refers to the young child feelings about himself or herself‚ the people in his or her life‚ and the environment in which they play and lives. Emotional developments color the experience of every young child mood. At our center we provide social and emotional security for each child. I help each child to know‚ accept and
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Visible Embryo website http://www.visembryo.com/ Particular points of interest in conception to birth include Stage of Development What significant development is happening? 1 day A sperm can stay alive for up to 48 hours. It takes about ten hours to navigate the female productive track‚ moving up the vaginal canal‚ through the cervix‚ and into the fallopian tube where fertilization begins. Although 300 million sperm may enter the upper part of the vagina‚ only 1%‚ 3 million enter the uterus
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Reading Strategy Activities: ABC Summarizing Instructor: Nancy Willard MED/552 September 14‚ 2014 Reading Strategy Activities Reading activities for emergent readers can be challenging and fun at the same time. The reading activities can be used before‚ during and after the story. There are many resources and ideas to make reading fun: word sort‚ KWL Charts‚ pictures‚ story wheels‚ PowerPoint presentation‚ graphic organizers‚ discussion Prompters‚ whiteboard retelling‚ readers
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could choose one that provides a suitable basis for the investigation. This should ensure that a range of plans will be formulated by students and that there is sufficient scope to identify both independent and controlled variables. Although the general aim of the investigation may be given by the teacher‚ students must identify a focused problem or specific research question. Commonly‚ students will do this by modifying the general aim provided and indicating the variable(s) chosen for investigation
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