Q: Is depreciation expense or depreciation cost is fixed cost or variable cost in nature? Fixed costs: Fixed costs are such costs that do not change with the change in activity level within the relevant range. Where relevant range can be defined in terms of time or activity level. Variable costs: Variable costs are such costs that change with the change in activity level . Coming to the question‚ depreciation expense or depreciation cost can either be fixed or variable and this depends on the
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successful cost reduction programmes In the current economic climate‚ most organisations must face up to a prolonged period of extreme competition and funding restrictions. This is particularly the case if the past few years have been focused on growth‚ service improvement or reorganisation (i.e. cost efficiency has not been a recent priority). Such pressures require an approach that reduces costs in a strategic‚ disciplined‚ and sustainable manner - delivered at pace. In our view serious cost reduction
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The groups we reject tell us as much about ourselves as those to which we choose to belong Do I Belong? By Danielle Arnold –Levy “Who am I?” is a question often repeated by teenagers‚ though they may not voice it out loud or use precisely those words. One of the biggest challenges that adolescents face during the transition between childhood and adulthood is this struggle with their own sense of identity. For one thing‚ it seems to constantly shift: they may act one way with a particular group
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Product cost is the cost of direct labor‚ direct materials‚ and manufacturing overhead that are consumed to create a product. Product cost can also be considered the cost of the labor required to deliver a service to a customer. Direct Material Cost Definition: Direct material cost is the cost of materials used to manufacture a product or provide a service. Direct Labor Definition: Direct labor is production or services labor that is assigned to a specific product‚ cost center‚ or work order
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What are the issues involved in resolving legal disputes in international transactions? The issues involved in resolving legal disputes in international transactions are ethical dilemma‚ and cultural disputes. When doing an international transaction the company should respect the other country cultural and environment. An example of cultural is in Jerusalem the male is not allowed to shave their facial hair because of their religion. An example of environment is the Rain Forest in South America if
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Statement of Intention: ‘Our sense of reality is never the same as others’ suggests the nature of developed psychological mindsets that people build through the course of life‚ and the factors that influence this mindset to alter one persons perception of reality. This expository essay aims to inform and explain‚ using three different points of evidence that link back to the contending argument. The intended audience are Students and Adults that are assumed to be educated that would be reading a
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People may see belonging as a good thing. However it can come with a cost. Belonging can be seen as a sense of security‚ achievement or for a purpose. A sense of belonging can emerge from the connections made with people‚ places‚ groups‚ communities and the larger community. There are different concepts of belonging and they can be described through the use of various language and film techniques. Belonging is evident in Peter Skrzynecki’s poems St Patrick’s College and Felix Skrzynecki and in the
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Cost Control and Cost Reduction A business enterprise must survive‚ grow‚ and prosper. Cost Control and Cost Reduction are activities necessary for ensuring that these objectives are fulfilled. With the liberalization of the Indian Economy and Globalization‚ there is now a cut throat competition from various concerns of the world. As a result there is now a race to secure a place for survival. This has increased the importance of cost control and Cost Reduction. Cost Control “Cost control
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Cost reduction Generally defined as the act of cutting costs to improve profitability. Cost reduction‚ should therefore‚ not be confused with cost saving and cost control. Cost saving could be a temporary affair and may be at the cost of quality. Cost reduction implies the retention of essential characteristics and quality of the product and thus it must be confined to permanent and genuine savings in the costs of manufacture‚ administration‚ distribution and selling‚ brought about by elimination
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We gain more from belonging to a group than we lose Everyone needs to belong to a certain group as it helps to develop a sense of “us” and “them” that helps to define who and what we are. The interaction between people within the group makes us to feel acceptance‚ satisfaction and recognition of our own personal values. However‚ as the fear of rejection and disparity are often associated‚ sometimes we must sacrifice in order to belong. This may result of a trapped individuality and we behave in
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