Meeting 1 MRF’s File COST ACCOUNTING “An Introduction to Cost Terms and Purposes” Assistant Lecturer: M. Ryan Firmansyah Problem 1 (Quiz 1 September 8‚ 2009) Consider the following costs that were incurred during the current year. Evaluate whether the cost is: 1. A product cost or a period cost 2. Variable or fixed in terms of behavior 3. For the product cost‚ whether it is classified as direct material‚ direct labor‚ or manufacturing overhead No. 1 Descriptions Product Cost Period Variable Fixed
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Cost of Debt and Cost of Equity: Cost of Debt is the interest rate and the Cost of Equity is the expected rate of return demanded by investors in the firm’s common stock. The issue at hand is finding the correct costs of debt and equity in order to find an accurate calculation of WACC. Cohen used the 20-year yield on U.S. Treasuries as the risk free rate‚ which we found to be the correct figure given that Nike Inc. debt was valued over 25 years. Because there is no other given yield that is comparable
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Self – Perception In Sport As an athlete you are told that agility‚ stamina‚ and strength are the most important characteristics toward success. In reality if you have confidence that you are the most agile and strong it will take you much farther. As athletes we cannot underestimate the power of mind over matter. Self-perception plays a major role in sports so as coaches‚ athletes‚ and parents we need to start training accordingly. Self-perception is how a person thinks of them self. In athletes
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Perception can be defined as a process by which individuals select‚ organize and interpret their sensory impressions‚ so as to give meaning to their environment. Perception is a complex cognitive process and differs from person to person. People’s behavior is influenced by their perception of reality‚ rather than the actual reality. In comparison to sensation‚ perception is a much broader concept. Sensation involves simply receiving stimuli through sensory organs‚ whereas the process of perception
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Sensation‚ Perception‚ and Attention Outline Mary Bazile Psychology/300 October 6‚ 2013 Carlton Bowden Explanation of Sensation‚ Perception‚ and Attention The recommendations for the authority sensations‚ perceptive‚ and attention to learning would be like if a person
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The Cost of Lying Trust is like a mirror‚ once it is broken‚ it is never seen the same again‚ and that is the cost. No matter how hard you try to put it back together‚ the cracks are always visible. No one wants to be a liar‚ no one wants to be a dishonest person. One might presume that a person will lie because they want something they can’t have with the truth. Recalling back to my childhood‚ I was unable to be like other children where they were able to have fun‚ running‚ jumping‚ and
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........ 1 Measuring Corruption: Widely Used Indicators............................................................. 3 International Country Risk Guide (ICRG).................................................................. 3 Corruption Perceptions Index (CPI) ........................................................................... 4 Estimating the Relationship Between
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COST ACCOUNTING: A BRANCH OF ACCONTING THE PRINCIPAL PURPOSE OF WHCH IS TO DTERMINE THE COST OF A SINGLE UNIT OR SERVICES (FOR STOCK VALUATION‚COST PLANNING AND CONTROL AND PROFIT REPORTING PURPOSE) . OR A BRANCH OF ACCOUNTING THAT DEALS WITH THE ACCUMULATION AND ANALYSIS OF COST INFORMATION FOR INTERNAL USE TO AID MAMNAGEMENT IN PLANNING‚ CONTROL AND DECISION MAKING
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Compare the three retailers in terms of inbound transportation cost (from manufacturers to warehouse/retailer) and outbound transportation cost (from warehouse/retailer to customers). Transportation costs‚ as with most e-retailers‚ are higher at Blue Nile than at Tiffany or Zales. The outbound transportation distance and hence costs and time tend to be much higher when inventories are aggregated‚ as is the case at Blue Nile. In the case of Tiffany and Zales‚ some economies of scale can still be
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Q1: explicit costs and implicit costs concepts Explicit Cost Explicit cost is defined as the direct payment which is supposed to be made to others while running business. This includes the wages‚ rents or materials which are due in the contract. The explicit cost is the expense done in business which can easily be identified and accounted for in the business at any stage. The explicit cost represents the out flows of cash in clear and obvious terms. When any out flow of credit occurs in a business
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