warehousing and shipping cost is not really correct. The current method is direct method which ignores In term of Shipping and Warehousing cost‚ low volume products should incur this cost instead of both high volume and low volume products. Because‚ high volume products are deliveried directly to customer so it does not incur the cost of shipping. The low volume products which are sent to distribution center incurred the cost of shipping and warehousing. However‚ the cost of shipping and warehousing
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Cost allocation for indirect costs Cost Pool – Set of costs that are added together before being allocated to cost objects on some common basis Cost Driver/ Allocation base Cost Object Cost Driver Rate = Total Costs in Pool/ Total Quantity of Driver Where total quantity of driver = practical capacity of driver Cost of excess capacity = Cost Driver Rate * Excess capacity Predetermined overhead rate - cost per unit of the allocation base used to charge overhead to products. Predetermined
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Bridgespan Cost Analysis Toolkit Step 4: Allocate indirect costs Template: Identifying cost drivers Cost drivers are measurable factors that allow you to determine the relationship between the indirect cost and each program area. They are program-related units that cause an indirect cost to increase or decrease. Another way to think about it would be factors that can approximate the demand that each of your program places on the particular resource item. The appropriate driver may be different
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Cell Phones Should Never Be Used While Driving Cell phones should never be used while driving no matter what the circumstances are. There are many reasons why it should be banned. It causes the driver to think about something other than driving. It causes the driver to have to look away from the road to dial‚ answer‚ etc. It doesn’t allow the driver to hear what’s going on around him or her such as ambulances or police sirens. These reasons are a major contributor to death. Using cell phones while
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VARIABLES THAT INFLUENCE WOMEN IN PARLIAMENT Abstract: Women are consistently underrepresented in political systems around the world. In this research‚ I examine factors such as the gender equality scale‚ education‚ ratio of female to male income and cultural diversity and their impact on the percentage of women in government. My findings reinforce my hypotheses; all four independent variables have statistically significant effects on women in parliament‚ with the ratio of female to male income
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Gold stars‚ best-student awards and other reward-focused incentive systems have long been part of the currency of schools throughout the world. Typically intended to motivate or reinforce student learning‚ such techniques have been widely used and advocated by educators everywhere. In his speech during Singapore’s National Day Rally 2007‚ Prime Minister Lee Hsien Loong stated that there will be a launch of two initiatives in secondary schools‚ namely the Malay Special Programme (MSP)
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Advantages and disadvantages of variable costing Many managers use variable costing for internal reporting and decision making since it has number of advantages (Myers par. 1). First‚ on variable costing reports costs are organized by behavior which makes it easier to understand. Also‚ variable costing statements facilitate cost volume profit (CVP) analysis because it separates cost behavior by fixed and variable. Under variable costing‚ changes in inventory or production do not affect the
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Should anonymized data be used freely? This answer‚ for me‚ is two-fold. When it comes to the topic of public health surveillance‚ anonymized data should be used without informed consent. The data tracking methods for public health surveillance help determine pockets of disease and deploy treatment strategies prior to an epidemic. The rationale for this standpoint is that the greater good of the population. In the example of the recent Ebola epidemic‚ the epicenter of the disease was identified
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The Electoral College system is arguably biased to small states and ignorant to the overall popular vote of the American citizens. The Electoral College system that is used in America in order to elect presidents is unjust because it ignores larger states that should have more electoral votes and gives states with small populations more electoral votes. This is because the popular vote is not distributed according to population in specific states. However‚ this also gives smaller states a chance
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Microeconomics Topic 6: “Be able to explain and calculate average and marginal cost to make production decisions.” Reference: Gregory Mankiw’s Principles of Microeconomics‚ 2nd edition‚ Chapter 13. Long-Run versus Short-Run In order to understand average cost and marginal cost‚ it is first necessary to understand the distinction between the “long run” and the “short run.” Short run: a period of time during which one or more of a firm’s inputs cannot be changed. Long run: a period of time during which
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