help the environment and also save lots of money. Electric cars are something everyone should invest in because it saves a lot of money. Many people probably think that it will cost a lot of money because of the installation but in the long run you would actually save more than gasoline does. People can also make it convenient to have a charger installed in their homes so that they don’t have to pay or travel far just to recharge. Using electric cars will keep our environment from being polluted
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Chapter 4 Activity-Based Costing 4-1 4-2 Traditional Costing and Activity-Based Costing Traditional Costing Systems Allocates overhead using a single predetermined rate. ► Job order costing: direct labor cost may be the relevant activity base. ► Process costing: machine hours may be the relevant activity base. Assumption was satisfactory when direct labor was a major portion of total manufacturing costs. ► Wide acceptance of a high correlation between
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TESLA Motors IPO June 2010 By: Brad Taylor Tesla Motors‚ Inc. was formed in 2003 to design and produce affordable EV’s (electric vehicle) and sell into the mainstream market place. The company is in the auto manufacturing industry and the consumer goods sector. To sustain its significant cash flow needs to support its heavy research and development spending and growing infrastructure needs (dealerships)‚ the company completed a public offering in June of 2010 where it sold 13.3 M shares
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Hyundai-motor-company-report PART 1: HYUNDAI MOTOR COMPANY REPORT Business Description Products and Brand: Hyundai Motor Company (hereafter‚ HMC) formed in 1967‚ was a part of the South Korean Chaebol - the Hyundai Group. In the last four decades‚ HMC managed to establish itself as a most prominent automaker producing reliable‚ technically sound and stylish automobiles and commercial vehicles. Headquartered in Seoul‚ South Korea‚ HMC opened a new chapter in the history of the
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point charge q2 = 5.1 μC is located along the x-axis at a distance x2 = 9.3 cm from q1. 1) What is F12‚x‚ the value of the x-component of the force that q1 exerts on q2? -18.57 N For all of these problems we want to make use of the standard electric force equation: ̂ So for this problem with K=9*109 Nm2/C2‚ Q1=-3.5μC‚ Q2=5.1 μC‚ and r=9.3 cm we get F=-18.57 N. It’s important to realize that getting a negative force value means the charges attract. The direction of that attraction is determined
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Reflective Review M3.30 Understanding the Communication Process in the Work Place Nikki Carr ILM Level 3 December 2010 Word count 1‚946 Communication Needs Word count 852 This assignment will demonstrate my understanding of the communication process within my work place‚ I have identified two specific communication needs that I use on a regular basis‚ with the focus on written communication via electronic mail (E-mail) system used by the organization and verbal communication
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According to James W. Rinehart in The tyranny of Work: Alienation and the Labour Process‚ work is a primary activity for human beings that differentiates human from other forms of life and today adults spend at least one-third of their waking hours on the job‚ which has great impact on personality of those who perform it (Rinehart 171). Quoting from Russell‚ there are two kinds of work according to professor Conlin. First type of work is the one where you alter the position of matter‚ which is unpleasant
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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 is more accurate
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Absorption and marginal costing (Relevant to AAT Examination Paper 3: Management Accounting) Li Tak Ming‚ Andy Deputy Head‚ Department of Business Administration‚ Hong Kong Institute of Vocational Education (Kwai Chung) Introduction Absorption costing and marginal costing are alternative cost accumulation systems used to ascertain product or job costs for inventory valuation and cost of sales. Absorption costing Absorption costing includes both variable and fixed production costs in the
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Budgeted Production Cost and Variance Analysis. At the beginning of 2011‚ Jejemon Corporation adopted the following standards: Direct Materials (3 lbs. @ P2.50 / lb) P 7.50 Direct Labor (5 hours @ P7.50 / hr) 37.50 Factory Overhead: Variable (P3.00 per direct labor hour) 15.00 Fixed (P4.00 per direct labor hour) 20.00 Standard Cost per unit P 80.00 Normal volume per month is 40‚000 standard labor hours. Jejemon’s january budget was based on normal volume. During January
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