Cost Accounting – Classification of costs Cost accounting refers to a process of accumulating‚ recording‚ classifying and analyzing all costs incurred at various levels of production. The purpose of cost accounting is manifold. It provides a final selling price‚ suggests the best possible course of action where maximum savings are possible and a strategy for future. Cost accounting is also constructive in comparing the input and output results that ultimately aids the management to arrive at a financial
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currently within the budget and is progressing according to schedule. The total cost is estimated at $2‚631‚468.00 and that makes the project come in under budget at $118‚532. The budget during the planning phase came in at $283‚882 which was for a period of 10 weeks. The budget during preparation phase was 1‚282‚442.00 for a total of 47 weeks. Monitoring and controlling the project was instrumental in
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Three Main Battles of Texas History Texas was led by dictator Santa Anna‚ in 1833. At that time Texas was apart of Mexico. However‚ the Texans were very unhappy with Santa Anna‚ and they had every right to be. The Texans rebelled‚ and so it caused the War for Texas’ independence. Three main battles occurred during this period. These battles are: The battle of the Alamo‚ the Goliad Massacre‚ and the battle of San Jacinto. The Battle of the Alamo cured February 23‚ 1836 to March 6‚ 1836.
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40‚000 | | 100‚000 | | 404 | | | | 20‚000 | 20‚000 | 40‚000 | | 405 | | | | | 20‚000 | 20‚000 | | Total | 90‚000 | 120‚000 | 90‚000 | 60‚000 | 40‚000 | 400‚000 | 2 Physical Measures Method | Produced | Proportion | Joint Cost Allocation | Unit Cost | 401 | 90‚000 | (90‚000/400‚000)0.225 or 22.5% | (200‚000 x 0.225)45‚000 | (45‚000/90‚000)0.5 | 402 | 120‚000 | (120‚000/400‚000)0.3 or 30% | (200‚000 x 0.3)60‚000 | (60‚000/120‚000)0.5 | 403 | 90‚000 | (90‚000/400‚000)0.225 or 22.5%
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1. The chief economist for Argus Corporation‚ a large appliance manufacturer‚ estimated the firm’s short-run cost function for vacuum cleaners using an average variable cost function of the form. AVC= a + bQ+ cQ^2 (the 2 is suppose to be exponent) Where AVC=dollars per vacuum cleaner and Q=number of vacuum cleaners produced each month. Total fixed cost each month is $180‚000. The following results were obtained: Dependent Variable:AVC R-Square
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------------------------------------------------- ASSIGNMENT ON COST CONTROL AND COST REDUCTION ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- -------------------------------------------------
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The capital market supply long term funds to corporations‚ government entities and other users of capital. The general type of debt instrument of the capital market is the bond. Bonds usually pay interest to the holder once in every six months (semi annually) and pay the principal or face amount upon maturity. Treasury notes and treasury bonds: The long term bond issues of the treasury that are available to investors are the treasury notes and the treasury bonds. Treasury notes have original fixed
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activities; c. Productive activities‚ such as finished goods transportation‚ storage‚ customer contact‚ order processing‚ etc. d. Sales activities to let customers understand and buying of goods‚ such as advertising‚ promotion‚ marketing agency costs‚ etc; e. Service activities‚ including training‚ repair‚ maintenance‚ components renewal etc‚ aiming at improving the added value of products. Auxiliary activities: a. Procurement activities‚ to refer to the purchase of used in enterprise value
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Penalty in Texas Introduction A lot of heat and controversy surrounds capital punishment in today’s society. The death penalty was built into the Texas justice system in 1835 and has retained most of its strength compared to the rest of the states. The famous motto “Don’t Mess with Texas” stands true when concerning the death penalty; In Kenneth William’s article‚ “Texas: Tough on Murderers or on Fairness?.” Williams states‚ “No one promotes this message [Don’t Mess with Texas] more than Texas prosecutors
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Texas‚ Home of The King Cowboy Pecos Bill‚ according to Peter Poulakis‚ was the patron saint of all things cowboy. As a baby‚ Bill was weaned on moonshine‚ and teethed on a bowie knife. His legend began when he was about year old‚ when Bill’s father decided to move the family out west. Bill’s father felt that his farmland had become too crowed for comfort when a family moved within fifty miles of his farm. During the move Bill’s family crossed the Pecos River in their wagon. While crossing the river
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