Chapter 4-1 Activity-Based Costing Managerial Accounting Fifth Edition Weygandt Kimmel Kieso Chapter 4-2 study objectives Chapter 4-3 1. Recognize the difference between traditional costing and activity-based costing. 2. Identify the steps in the development of an activity-based costing system. 3. Know how companies identify the activity cost pools used in activity-based costing. 4. Know how companies identify and use cost drivers in activitybased costing. 5. Understand the benefits
Premium Activity-based costing Cost accounting Management accounting
Traditional costing versus Activity-based costing Advantages and disadvantages Costing systems are the programs that supply information about the value of direct labor hours and numbers of units produced. With the help of data such as product cost‚ the managers can generate estimation of cost associated with different activity carried in the organization. The costs systems operate by taking total cost as basic for calculation. Costing is essential for every organization‚ as every manufacturing and
Premium Cost Costs Variable cost
Community Oriented Policing (COPS) The Department of Justice COPS Office states Community Oriented Policing is a policing philosophy that promotes and supports organizational strategies to address the causes and reduce the fear of crime and social disorder through problem-solving tactics and police-community partnerships. This paper will discuss who the stakeholders I see would be implementing a COPS program and looks at points of views for three of these stakeholders. This paper will discuss
Premium Police Crime Law enforcement
1 AN OVERVIEW OF TARGET COSTING Introduction Many managers often underestimate the power of target costing as a serious competitive tool. When general managers read the word “costing”‚ they naturally assume it is a topic for their finance or accounting staff. They miss the fact that target costing is really a systematic profit and cost management process. What Is Target Costing? CAM-I defines target costing as the maximum amount of cost that can be incurred on a product and still earn the required
Premium Cost Costs Price
COSTING FOR TATA MOTORS The Passenger Car division was born out of a vision to offer the Indian customer all the comfort of a big car‚ at the price of a small car. The Indica was formally launched in 1998 & has rewritten the rules of the Indian car industry ever since then. The latest addition to the Tata Motors family after the launch of Indigo which is designed to deliver never-before levels in luxury‚ safety‚ power and comfort on Indian roads is the New Indica V2. Refreshingly different‚ with
Premium Tata Motors Tata Nano Tata Indica
neighborhood policing‚ community policing‚ zero-tolerance policing and problem-oriented policing. Herman Goldstein was the first to propose problem-oriented policing in 1979. Problem-oriented policing is a policing strategy that involves the identification and analysis of specific crime and disorder problems‚ in order to develop effective response strategies in conjunction with ongoing assessment. The emphasis in problem-oriented policing is on directing attention to the broad range of problems the community
Premium Police Crime prevention
LG122: Core Skills and Methods for International Relations Title: Media Oriented Terrorism: The Role of Media in Influencing Terrorist Attacks and the Shaping of Public Opinion Word Count 3‚098 This essay will discuss the topic of media oriented terrorism with reference to the role of media in influencing terrorist attacks and the shaping of public opinion. The main argument of the essay will be that terrorist organizations use social media as means of conveying their ideological preferences with
Premium Terrorism Sociology Violence
2.1 Motors use the effect of forces on current-carrying conductors in magnetic fields 2.1.1 The motor effect The motor effect is where a force acts on a current-carrying conductor in a magnetic field. The right hand palm rule is used to find certain properties: fingers point to magnetic field‚ thumb points in DC direction and palm points to direction of the force. 2.1.2 Factors affecting the force acting on the current-carrying conductor Forces are experienced by the electrons in the conductor
Premium Magnetic field Electromagnetism Electric motor
We encounter many craft- oriented objects day to day. I do not think I really thought about how objects were made and their value in life until I received this assignment. As I was thinking about all of the things that are craft- oriented‚ I especially thought about things at work and my home. I actually work at a dress shop and I’ve thought about how those dresses were made. Every dress company has a location where they make their dresses‚ like China. Each dress is handmade and takes many
Premium Thought Concepts in metaphysics Psychology
Physics Electric Fields 1 Solution 1. (a) State Coulomb’s Law. Any two point charges have acting on them equal sized oppositely directed forces acting along the line joining their centres. The magnitude of these equal sized forces is directly proportional to the product of the charges and inversely proportional to the square of their distance apart. The forces are attractive for unlike charges and repulsive for like charges. [pic]. e.g. (b) Find
Premium Electric charge Electrostatics