Name: Class: Cost Accounting Date: 02.12.2012 Quiz 5 1) Absorption costing: A) expenses marketing costs as cost of goods sold B) treats direct manufacturing costs as a period cost C) includes fixed manufacturing overhead as an inventoriable cost D) is required for internal reports to managers 2) Variable costing: A) expenses administrative costs as cost of goods sold B) treats direct manufacturing costs as a product cost C) includes fixed manufacturing overhead as an inventoriable
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7 Business Functions that a Retail Business should maintain 1. General Management Business Function Manages the production process‚ plans production schedules and ensures that machinery‚ staff & materials are efficiently utilized. In order for a business to be effectively managed the retailer has to maintain the above mentioned criteria. 2. Production Business Function Its purpose is to be in full control in the production process‚ make effective planning production schedules. Specifically
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SWOT Analysis Strengths Hewlett-Packard is a global technology company and after its merger with Compaq it became world ’s biggest computer hardware and peripherals company in the world‚ ranking 20 in the Fortune 500 list. Company is doing business in more then 170 countries including the ones that are developing and under-developed. Being a large company gives HP many advantages like dominating the market for printers‚ both laser and inkjet‚ and both for consumers and companies using
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10/12/04 4:49 PM Page 259 8 C H A P T E R COST CURVES 8.1 LONG-RUN COST CURVES APPLICATION 8.1 The Long Run Cost of Trucking APPLICATION 8.2 The Costs of Higher Education APPLICATION 8.3 Economies of Scale in Refining Alumina? APPLICATION 8.4 Hospitals Are Businesses Too APPLICATION 8.5 Tracking Railroad Costs APPLICATION 8.6 Economies of Scope for the 8.2 S H O RT- R U N C O ST C U RV E S 8.3 SPECIAL TOPICS IN COST Swoosh Experience Reduces Costs of Computer Chips APPLICATION 8.7 8.4
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SUMMARY This research gives the overview of the company within a period of 5years starting from 2005 to 2009‚ Boon Koon as one of the best manufacturers and builders of commercial vehicles in Malaysia has seen its revenue continue to increase year after year since it began operation for more than 25years. This research shows in details the activities are been carried out in the company that has eventually turned them into a multimillion dollar company. The information and data’s that is been used to
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The four functions of management are: planning‚ organizing‚ leading‚ and controlling. Although I had not been formally taught these functions and their respective definitions until now‚ I have seen these functions in action for many years. As I reflect upon my time spent in the Navy‚ I now recognize that our military most certainly is a perfect model for exhibiting these functions just as a successful business will be. Planning is the function in which the decisions are made about the goals and
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The fourteen leadership functions that Yukl describes are planning and organizing‚ problem solving‚ clarifying‚ informing‚ monitoring‚ motivating‚ consulting‚ recognizing‚ supporting‚ managing conflict and team building‚ networking‚ delegating‚ developing and mentoring‚ and rewarding (Hall & Tolbert‚ 2009). Planning and organizing consists of determining goals and defining how those goals will be achieved. Problem solving involves identifying the problem‚ listing possible solutions‚ choosing the
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TABLE OF CONTENTS PART A 1. Introduction……………………………………………………………………………2 1.1. PESTLE Analysis of Virgin Holidays………………………………………….2 1.2. Five Forces Analysis…………………………………………………………….4 1.3. Critical Success Factor …………………………………………………………5 1.4. BCG matrix for Virgin Holidays……………………………………………….5 1.4.1. BCG Matrix for Virgin Holidays …………………………………………….5 PART B 2. What is Value Chain Framework? ……………………………….......................7 2.1. Supportive Activities……………………………………………………………
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Assessment 1. Project. 1. Identify and explain the vision and the mission of the organization. Company: Team Force Cleaning Services PTY LTD is a company that offers services of strata and commercial cleaning. It is currently operating in the south and west areas of Sydney. At the moment the company has more than eight hundred contracts and counts with a staff of thirty cleaners doing their job in fifteen vans. Vision: Provide an excellent strata and commercial cleaning service in
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Answer to question 1 (1.1‚ 1.2) What are the functions‚ concepts and principles of assessment in learning and development? The function of assessment is a way to measure a learner’s competence against agreed standards and criteria. The awarding body’s assessment strategy will state which criteria needs to be met to complete the mandatory and optional units and the best method for acquiring the evidence. A range of methods will be used to decide whether a candidate has demonstrated the skills
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