COSTS:Costs which have already been incurred e.g. costs of Research by gaining information from research it makes decision making process easier but the costs are irrelevant as the decisions will not change them.BOOK VALUES AND ACCOUNTING DEPRECIATION.Both figures are determined by accounting conventions. Only economic considerations are relevant in decision making.COMMON COSTSCosts which are common to all alternative course of action are irrelevant to decision-making.TYPES OF DECISIONMake or Buy a component
Premium Economics Decision making Variable cost
Concepts of Throughput Accounting In 1890s when cost accounting was introduced‚ labour was the greatest fraction of manufactured cost and considered as a variable cost. Very often workers did not know about the actual time of hours that they have to perform in a week when they reported for duty since the systems of time-keeping were undeveloped. Here comes the importance of throughput accounting which removes the dependence of standard cost accounting on efficiencies‚ particularly the
Premium Cost Cost accounting Marginal cost
Management Throughput Throughput is the quantity or amount of raw material processed within a given time‚ especially the work done by an electronic computer in a given period of time. It is also known as the Productivity of a machine‚ procedure‚ process‚ or system over a unit period‚ expressed in a figure-of-merit or a term meaningful in the given context‚ such as output per hour‚ cash turnover‚ number of orders shipped. In the business management theory of constraints‚ throughput is the rate
Premium Theory of Constraints Management accounting Cost accounting
JIM CORBETT Introduction: Looking for an exciting and adventurous wildlife tour then‚ Jim Corbett National Park is a must tour for you. India’s first national park‚ Corbett was established in 1936 by legendary tiger hunter Jim Corbett. The park is situated in Uttrakhand state of India‚ around three hours from Nainital and seven hours from Delhi. The park is a large one and has five zones. It is famous for Wildlife Safari‚ temples and scenic beauty. The park is named on the Jim Corbett a famous
Premium Uttarakhand Mammal
(We do not support killing of any animals. All the carnivores killed by Corbett were man-eaters‚ meaning they had to be killed.) Edward James "Jim" Corbett (25 July 1875 in Nainital‚ India – 19 April 1955 in Nyeri‚ Kenya) was a British hunter-turned-conservationist‚ author and naturalist‚ famous for hunting a large number of man-eaters in India. [pic] Corbett held the rank of colonel in the British Indian Army and was frequently called upon by the government of the United Provinces‚ now
Premium Uttarakhand Tiger
1 Throughput Throughput measures the number of bits transferred over the communication link over a definite amount of time. In the case of cellular network the data throughput may not be same at each interface; also it is a well known fact that the radio interface is the bottleneck. To get a more accurate value of the user experience in terms of throughput‚ it is highly desired to measure the value from the UE. But practically this may not be feasible as it requires sophisticated applications in
Premium Transmission Control Protocol Internet Protocol
REDUCING PATIENT THROUGHPUT TIME IN EMERGENCY DEPARTMENTS BY RESOLVING BOTTLENECKS Dr. NAMITA MUKHI drnamitamukhi@gmail.com PGDHM student INSTITUTE OF HEALTH MANAGEMENT RESEARCH JAIPUR Reducing patient throughput time in emergency department by resolving bottlenecks Abstract Background : With increasing number of accidents and disease spectrum in today’s time ‚ emergency departments are frequently witnessing more
Premium Hospital Emergency department Patient
what is the total cost per unit under throughput costing? Under throughput costing‚ are product costs higher or lower than with other costing methods? Under throughput costing‚ if the sales price per unit is $20‚ direct materials are $8.00 per unit‚ direct labor is $4.00 per unit‚ variable manufacturing overhead is $6.00 per unit‚ if 20‚000 units are produced‚ how much would the variable costs considered period costs on the income statement under throughput costing be? Direct labor be included
Premium Variable cost Costs
Jim Corbett National Park—named after the hunter and conservationist Jim Corbett who played a key role in its establishment—is the oldest national park in India.[2] The park was established in 1936 as Hailey National Park. Situated in Nainital district of Uttarakhand the park acts as a protected area for the critically endangered Bengal tiger of India‚ the secure survival of which is the main objective of Project Tiger‚ an Indian wildlife protection initiative.[2] The park has sub-Himalayan belt
Premium Uttarakhand
Guatemala J.D. Corbett found himself in Guatemala on several occasions. Filled with rainforests‚ volcanoes‚ as well as the Pacific and Atlantic coastlines‚ J.D. remembers the country being one of the most beautiful areas he ever traveled to. He reminisces not only of Guatemala’s natural beauty‚ but also its cultural diversity. While he was there‚ he found the timeless cultural heritage of the ancient Mayans‚ and architecture left by the Spanish conquistadors; all thriving in one country. He also
Premium United States English-language films Mexico