COST ANALYSIS OBJECTIVES INTRODUCTION MEANING DEFINITIONS TYPES OF COSTS MONETARY COSTS REAL COSTS OPPORTUNITY COSTS ECONOMIC COSTS ACCOUNTING COSTS INCREMENTAL COSTS SUNK COSTS FUTURE COSTS PRIVATE‚ EXTERNAL AND SOCIAL COSTS FIXED / SUPPLEMENTARY / OVERHEAD COSTS VARIABLE / PRIME COSTS REPLACEMENT COSTS PRODUCTION COSTS SELLING COSTS CONTROLLABLE COSTS DIRECT COSTS INDIRECT COSTS SHORT RUN COSTS CURVES LONG RUN COSTS CURVES OBJECTIVES To understand the meaning of cost. To discuss different types
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Pedra Branca YES Yes South East Asia needs ASEAN because it helps to maintain the regional peace and stability by providing a platform for constructive discussion where there is a conflict of interest. For example‚ in the case of Singapore and Malaysia‚ there was the question of sovereign rights over Pedra Branca in 1979. Singapore claimed that Pedra Branca was terra nullius and so was never under the Johor Sultanate. Although the issue was not resolved at ASEAN level as it was resolved at the
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barriers; - - Economies of scale: spreading costs of production over the number of units produced cost advantages Capital Requirements: extremely high for a new firm‚ threat of new entrants is reduced as the level of required capital increases Switching Costs: refers to the costs (monetary or psychological) associated with changing from one supplier to another from the buyer perspective. Threat of new entrants is greater when the switching costs of customers in minimal in that they can easily
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that while each company conducts retail drugstore operations in similar ways‚ their business models for carrying out these operations greatly vary. These variances in business model led the analysis to focus on earnings from operations‚ operations costs‚ balance sheet analysis‚ cash flow analysis‚ inventory accounting‚ debt financing and market analysis. Of the differences that were explored‚ it was their level of conservatism that most separated these two companies. Walgreens chooses a more conservative
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UVA-C-2182 Rev. June 17‚ 2009 THE CRADDOCK CUP Jose Rivaldo shuffled through the papers on his desk and sighed. As the general manager of the Craddock Youth Soccer League (CYSL)‚ Rivaldo was committed to providing highquality soccer activities to boys and girls in the area. In addition to managing regular CYSL operations‚ Rivaldo was heavily involved in putting on a regional soccer tournament‚ the Craddock Cup‚ which brought approximately 32 premier high school soccer teams from throughout the
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Chapter 14 - Operational Performance Measurement: Sales and Direct-Cost Variances‚ and the Role of Nonfinancial Performance Measures 14-1 Pet Groom & Clean (PG&C) David Green is considering his operating statement for 2010‚ which is displayed in the table below. David is the manager of store number 88‚ where he began as one of the staff 6 years ago‚ and through hard work has risen to become manager of the store. The operating report shows his budgeted performance for the year and the actual results
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Mind Versus Brain The mind and the brain are extremely complex matters. It has often been debated whether or not the two can even be considered separate. Some scientists and philosophers believe that the mind and the brain are one‚ in the sense that the brain controls the mind; however‚ this idea is quite debatable. It is extremely difficult for us to fully understand the mind versus the brain in terms of their respective functions. “Many aspects of cognition will never be explained through a scientific
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Barbara Gill Mrs Smith English 101 Comparative Essay 15 March 2013 Man versus Woman The life of a man is similar to the lives of other men. The life of a woman is different from the lives of other women. Men think they have to be powerful and aggressive. Women tend to be shallow‚ but they think more about other people than themselves. A typical man works‚ sleeps and does whatever he wants to do instead of thinking about other things like the feelings of a woman. Women would do anything
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Stakeholder versus Shareholder Stakeholder theory thinks that the enterprise is a series of contracts with various stakeholders to form various stakeholder consultations‚ the outcome of a transaction‚ whether investors‚ managers‚ employees‚ customers‚ suppliers‚ or government departments‚ community‚ etc.‚ they are enterprise-specific investments and bear the risks. On the other hand‚ Shareholder theory thinks that not only the market will be sound‚ permanent‚ and viable‚ but also the ethical issues
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viable or successful. Advertising messages are usually paid for by sponsors and viewed via various traditional media; including mass media such as newspaper‚ magazines‚ television commercial‚ radio advertisement‚ outdoor advertising or direct mail; or new media such as blogs‚ websites or text messages. Commercial advertisers often seek to generate increased consumption of their products or services through "branding‚" which involves the repetition of an image or product name in an effort to associate
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