ABC Costing Activity-based costing (ABC) is a special costing model that identifies activities in an organization and assigns the cost of each activity with resources to all products and services according to the actual consumption by each. This model assigns more indirect costs (overhead) into direct costs compared to conventional costing models. Aims of model With ABC‚ an organization can soundly estimate the cost elements of entire products and services. That may prepare decisions on
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Baysinger‚ B.‚ R. Kosnik‚ and T. Turk. 1991. Effects of board and ownership structure on corporate strategy Beneish‚ M. D. and M. E. Vargus. 2002. Insider trading‚ earnings quality‚ and accrual mispricing Bergstresser‚ D. and T. Philippon. 2006. CEO Incentives and Earnings Management. Bethel‚ J.‚ J. Liebeskind‚ and T. Opler. 1998. Block share purchases and corporate performance Black‚ B. S. 1992. Institutional investors and corporate governance: the case for institutional voice Black‚ B. and J. Coffee
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1.0 INTRODUCTION 1.1 OVERVIEW OF THE COMPANY Morelli Electric Motor Corporation manufactures electric motors for commercial use. The company produces three models assigned as standard‚ deluxe and heavy duty. The company uses a job costing system with manufacturing overhead applied on the basis of direct labour hours. The system has been in place with minimum change for 25 years. 1.2 THE CURRENT RISING ISSUE For the past 10 years‚ the company’s pricing has been to set each product’s budgeted price
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“something out of nothing” whereas it actually is “the radical and effective change of something understood deeply” (Robinson and Hackett 1997). General Motors is certainly trying to appreciate this‚ and the company is always seeking to bring new products - or improvements to their current products - to market. COMPANY BACKGROUND General Motors Corporation‚ also known as GM‚ is the world ’s largest automaker and has been the global industry sales leader for 75 years. Founded in 1908‚ GM today employs
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Variable costing and absorption costing are the two most commonly used methods of inventory costing for manufacturing companies. The inventory method of variable costing takes place when total direct and indirect variable manufacturing costs are included within inventoriable costs. Fixed manufacturing costs however‚ are considered costs of the period under variable costing. The next method of inventory costing‚ absorption costing‚ includes all variable manufacturing costs as well as fixed manufacturing
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AC Motors vs DC Motors DC Motors Prof. Dr. M. Zahurul Haq zahurul@me.buet.ac.bd http://teacher.buet.ac.bd/zahurul/ Department of Mechanical Engineering Bangladesh University of Engineering & Technology e316.eps ME 475: Mechatronics AC motors are smaller in size‚ reliable and less costly. AC motors run at fixed speed set by the line frequency. Easy speed‚ torque & direction controls in DC motors. DC motors are generally operate at lower voltages which makes these easier to interface with control
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Factors affecting Demand of Pepsi( Cold drink) (1)Changes in the Price (2)Changes in consumers’ Income spent on goods and services (3)Changes in the Tastes/Preferences of consumers for goods/services (4)Changes in the Prices of related goods and services: Substitutes and Complements 5) changes in interest rates and the general availability of credit. Many households finance consumption through borrowing. If interest rates rise‚ demand contracts for many goods and services; particularly
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Tesla Motors – Company Profile By Kevin Jarosz IE-618 Fall 2014 Financial Impact • Tesla will pay for this by taking a cut of the apps. • Tesla will take a 30%of the cost • Assuming each Tesla owner downloads 5 apps the first year at an • average price of $10‚ that is approximately $6M in revenue in 2015 of which Tesla gets $1.8M to pay. • In Q2 2014 Tesla reported their vehicle margin was 26.9% on a GAAP basis‚ and it is clear that apps will only increase vehicle margin. • Owners will be buying
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Ward-Leonard Motor Generation System Introduction: A control system generally controls‚ regulates‚ and updates its output continuously based on present inputs‚ nature of the system‚ and the past outputs. In other words‚ there is a feedback mechanism that is inherent in the system‚ and is called a closed loop control system. For example‚ adding an emitter resistance to a common emitter amplifier‚ results in a negative feedback mechanism in the amplifier system – if the output current increases
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A)Profile of the company Name of the Company: Force Motors Ltd. Address: Head Office Force Motors Limited Force Motors Limited Pithampur Industrial Area Mumbai-Pune Road‚ Pithampur‚ District - Dhar‚ Akurdi‚ Pune - 411035 Madhya Pradesh – 454775 Maharashtra Tel: +91-(0)7292-253004 Tel: +91-(0)20-27476381‚ 27404274 Fax: +91-(0)7292-308180 Fax: +91-(0)20-27404678 Email: compliance-officer@forcemotors.com Website: http://forcemotors.com Board of Directors: Director
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