A periodic inventory system is an accounting method in which the cost of goods sold is determined periodically‚ usually annually and typically not more frequently than quarterly. The disadvantage is the systems inability to continuously update inventory levelsThe periodic inventory system is most useful for smaller businesses that maintain minimal amounts of inventory. For them‚ a physical inventory count is easy to complete‚ and they can estimate cost of goods sold figures for interim periods. However
Premium Inventory
LAB MATERIAL SAMPLE IDENTIFICATION LAB LAB #1 PREPARED BY: FOR: TERM: Spring 2014 SOUTHWEST TENNESSEE COMMUNITY COLLEGE TABLE OF CONTENTS Purpose 2 Equipment 3 Materials 4 Procedure 5 Data 6 Discussion & Conclusion 8 Appendix 10 PURPOSE To gain a knowledge of different types of metals by using simple methods for sorting and identification.
Premium Hardness Rockwell scale Materials science
Specific Heat Lab Objective: Find the specific heat of the unknown metal given using calorimetry. Background Theory: In every reaction‚ energy is transferred between a system and its environment. A system encompasses the substances that are involved in a reaction‚ and everything else in the universe other than the system is called the environment. The standard SI unit of energy is Joules (J). Temperature is the level of excitement of the atoms in a substance. In most cases‚ energy is
Premium Thermodynamics Energy Heat
Identification and Explanation of a Disease Process Katelyn Westphal Herzing University Diagnosis of Heart Disease A 65 year old woman with a history of hypertension‚ allergic rhinitis‚ GERD and a murmur arrived at the hospital. The patient stated that for the past four months she has noticed an increase in exertional dyspnea‚ orthopnea‚ and occasional feelings of heart pounding. The patient’s vital signs were taken and were recorded as follows: * Temperature: 98.6 * Respiratory Rate:
Premium Heart Blood
MANAGERIAL ACCOUNTING is concerned with providing information for the use of those who are inside the organization‚ whereas FINANCIAL ACCOUNTING is concerned with providing information for the use of those who are outside the organization. 6. MANAGERIAL ACCOUNTING emphasizes detailed segment reports about departments‚ customers‚ product‚ and customers. 7. FINANCIAL ACCOUNTING must follow GAAP whereas MANAGERIAL ACCOUNTING need not follow GAAP. 8. The accounting and other reports
Premium Inventory Manufacturing Cost accounting
to: Prof. Dr. Melek Türker Saçan OIL AND GREASE Purpose: The aim is to measure the dissolved or emulsified grease or oil amount in the water samples by utilizing from the partition-gravimetric method. Introduction: Oil and grease is an important parameter for water quality and safety. Regulatory bodies worldwide set limits in order to control the amount oil and grease entering thewater reservoirs or the sea through industrial discharges
Premium Water Solvent Petroleum
Vendor Managed Inventory Modul : Supply Chain Management (FEG 2323) Tahun : 2011 ~ 2012 Content Parts Page 1. Introduction 4 2. Defination 4 3. Goal 5 4. Objective 5 5. Benefit 6 6. Disadvantage 7 7. Characteristic 7 8. Method 8 7. Summary 9 8. Conclusion 9 9. Reference 11 10.
Premium Supply chain management Inventory Supply chain management terms
Identification of A Mixed Culture Unknown An experiment such as this one serves the purpose of allowing us‚ the students‚ to apply what we already know about any organism and any laboratory procedure to the difficult task at hand. It is possible to identify a mixed culture by running familiar experiments on the unknown bacteria and taking information already known about specific bacteria and applying it to the results. This helps to slowly eliminate any bacteria that do not correspond with the
Premium Bacteria Microbiology Gram staining
Specific heat is the property of the material that an object is made of. The greater the material’s specific heat and the mass‚ the more energy must be added to change its temperature. The goals of this lab were to calculate the specific heat of water and compare to the known value of 4.19J/°Cg. Another goal was to calculate the efficiency of the hot pot used for the experiment and to estimate the cost to heat water for a cup of tea and to bath in a bathtub. The thermal energy E= cm Δ T‚ required
Premium Heat Thermodynamics Energy
order for a company to be competitive in the business environment‚ they must have a well–designed Inventory Management and Transaction Processing System as it would aid the management to have a more structured way of organizing records‚ as well as tracking the inventory and sales. Likewise‚ they also must have a well programmed Information System so as to have access to more important and timely information in order to make reliable decisions correspondingly. Moreover‚ another development that is introduced
Premium Management Marketing Business