Price/rate/spending variances: Standard is out of date; Standard set without due care; Efficient or inefficient buying (e.g.‚ discounts); Buying different quality material from standard; Buying materials from a non‑usual source due to urgency; Utilising different labour from standard; Price changes due to economic conditions; scarcity of supplies; Choosing to incur additional discretionary fixed costs; More (or less) overtime hours used than budgeted. 2. Efficiency/usage/quantity variances: Standard is out of date
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control attempts to obtain maximum efficiency from all employees without compromising standards of labor performance. (T) 4. Increases in sales volume tend to improve labor productivity. (T) * As his efficiency increase‚ the cost of labor per unit produced actually decrease. * Increase in sales volume results in greater employee efficiency at lower labor cost per unit 5. The key to successful labor cost control is paying the lowest possible dollar wage.(F) May use of part-time staff‚
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Self-Cleaning Filter System Cuts Maintenance Costs Monday‚ October 08‚ 2001A routine oil and filter change in the tight quarters of the engine room onboard a boat is normally a messy and awkward job. Buckets of used lube oil and filter cartridges must be lugged up the narrow galley stairs for disposal and new oil and filters must be carried down the stairs‚ all in the short time while the boat is in dock for maintenance. Boston Harbor Cruises found that Alfa Laval’s Eliminator‚ an automatic self-cleaning
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their founder’s‚ Truett Cathy‚ morals. Christianity was a key principal in Cathy’s idea of his ideal business. There are tons of businesses today who do not mix church and state‚ but Cathy had a different idea in mind. Although Chick-fil-A receives criticism for the morals they uphold‚ they have taken over America. According to Business Insider‚ Chick-fil-A has dominated America as over the majority of state’s favorite restaurant. As a Christian myself‚ I enjoy the atmosphere Chick-fil-A creates for
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in the medical system and the other one in the IT » THEN we wonder if those successful examples could be available for any other company in other industry. Let us try with the Luxury industry: * Adaptation: we can not customize luxury goods locally the luxury brand can lost its value. * Agregation: we can not standardize luxury goods this is the exact opposite of a definition of “LUXE”. * Arbitrage: we can not exploit differences of countries to reduce the cost generally‚ the
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classic example of American literature. It depicts the bond of a fourteen-year old boy and a runaway slave’s as they venture up the Mississippi River with hopes of finding better lives in the free North during the pre-Civil War era. One of the common criticism of the novel is Huck Finn is too wise beyond his years. Twain purposely depicted Huck to be this mature to attempt to change the American society through his art. The Reconstruction Era of the United States was a difficult time in American history
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and Renaissance Criticism Submitted by R. Zothanmawia V Semester BA R/no: 1101BA005 MEDIEVAL CRITICISM The period between the Classical Age and the Renaissance is vaguely named the Middle Age or the Medieval Age. In England‚ this period spans eight centuries and historians place it from the year of composition of Beowulf in 725 AD to 1474 AD when Caxton published the first book ever printed. The only standard work that dealt with Medieval Criticism is English Literary Criticism: The Medieval
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Cost Accounting Fundamentals Introduction to Cost Accounting Cost accounting is an internal reporting system for an organisation’s own management for decision making. It is the process of accounting for costs. It includes the accounting procedures relating to recording of all incomes and expenditures and the preparation of periodical statements and reports with the object of ascertaining and controlling costs. It is thus the formal mechanism by means of which cost of products or services are
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English 113 YD4 March 1‚ 2013 Midterm Triple Threat Criticism Each of the short stories “Happy Endings”‚ “A Sorrowful Woman”‚ and “The Story of an Hour” express the central idea that women are confined and identified by their roles as wives or mothers by society. The authors’ goal of these short stories is to portray modern marriages‚ to help people be conscious to women ’s liberalism‚ and to instruct people not to focus on the endings of stories‚ but the middle portions. Margaret Atwood‚ Gail
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In Perry Westbrook’s literary criticism on Kurt Vonnegut‚ Westbrook states that Vonnegut emerged as one of the most influential and provocative writers in America during the 1960s. He supports this point by using examples of stories written by Vonnegut and giving a summary of each story he provides. Westbrook also talks about recurring ideas and themes in Vonnegut’s stories and Vonnegut’s ideals. The first point he brings up is how Vonnegut describes himself as a total pessimist and his stories
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