Normal costing is used to value manufactured products with the actual materials costs‚ the actual direct labor costs‚ and manufacturing overhead based on a predetermined manufacturing overhead rate. These three costs are referred to as product costs and are used for the cost of goods sold and for inventory valuation. Standard costing values its manufactured products with a predetermined materials cost‚ a predetermined direct labor cost‚ and a predetermined manufacturing overhead cost. These standard
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my end piece to be and who exactly I was trying to reach. From thinking about my outcome‚ I then had to organize my thoughts and then begin writing. My peers evaluated my work and gave me constructive critisim‚ which helped my pieces improve. I began to read chapters and gain more knowledge about writing. All of steps I took to construct my emails and letters fell back on a process called ACE. In the textbook it states that ACE is a process that you can apply in any situation. Every letter stands
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discussion questions: 1. Why should a manager know about research when the job entails managing people‚ products‚ events‚ environments and the like? 2. For what specific purpose is Basic Research important? 3. When is applied research‚ as distinct from basic research‚ useful? 4. Why is it important to be adept in handling the manager-researcher relationship? 5. Explain giving reasons which is more important – applied or basic research. 6. Give two specific instances where an external research
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(Divide count by total‚ then multiply by 100) Kernel Coloration Purple Yellow Total Kernel Texture Smooth Wrinkled Total Data Table 5: Punnet square for dihybrid cross. Data Table 6: Data from corn kernels. Number Counted Ratio: Number counted / total Purple and smooth Purple and wrinkled Yellow and smooth Yellow and wrinkled TOTAL Exercise 1: Observing a Monohybrid Cross Questions A. What are
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English in the Indian Subcontinent Just as in the Caribbean‚ the English Language arrived in South Asia as a result of colonisation. Unlike its history in the Caribbean‚ however‚ English has always co-existed in the Indian subcontinent alongside thousands of local languages. So for most of the population‚ it has only ever been a second language. The origins of English in India The British first arrived in India in the early 1600s and soon established trading posts in a number of cities under
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Activity based costing Activity based costing is an accounting method that is created to provide manager with cost information and other that potentially affect capacity. Activity based costing is used to determine product costs for management report. This method is commonly use as a complete to the company costing system. There are two activity based costing system that most organization use. The two are the official costing system that used for preparing external financial reports and activity
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Ball and Bats‚ Inc.: Double Line method and the Straight Line Method On January 1‚ 2005 the company Balls and Bats‚ Inc. made a purchase of equipment. The cost of the equipment was one hundred thousand dollars and had life expectancy of four years. The following schedules are the double-declining balance method and the straight line method of depreciation. This schedule will assist Balls and Bats‚ Inc determine the best method to depreciate there new acquisition. Further‚ the schedules will determine
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JOB COSTING JOB COSTING Cost object is a unit or multiple units of a distinct product or service called a job. Product or service is A single unit such as: 1.Specialised machine done at Hitachi. 2.A construction project managed by L & T. 3.Advertising campaign produced by Saatchi and Saatchi. Multiple identical unit such as: 1.Agni missile for Ministry of Defense manufactured by HAL. JOB COSTING SERVICE SECTOR JOB COSTING MERCHANDISING SECTOR - Audit engagements done - Special promotion of
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Machine hours used by Job Overhead allocation × $60/ MH 3 MH $180 Job 455 × $60/ MH 6 MH $360 1 Finishing Department: Departmental allocation rate × DL hours used by Job Overhead allocation Total overhead allocation (from both departments $25/ DL hr 4 DL hrs $100 $25/ DL hr × 3 DL hrs $75 $ 280 × $ 435 Req. 5 The single plantwide rate undercosts Job 450 and undercosts Job 455. Since Donovan sets the sales price at 125% of cost‚ and the job cost
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disagreements. One particular level of education that has been researched is whether or not behavioral methods are effective enough to be used in the classroom to improve academic performance. As can be seen in the data included here‚ there are many forms of positive reinforcement contingencies that can be presented in the classroom. These may include social rewards‚ like acceptance and encouragement from peers‚ tangible rewards‚ like the token economy‚ or internally motivating rewards‚ like having a
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