1) When will profits reported under variable and absorption costing differ? How can we reconcile the profits reported under the two approaches? Profits reported under variable and absorption costing will differ when inventory increases or decreases during the year. The difference involves the timing with which fixed manufacturing overhead becomes an expense. Under variable costing‚ fixed overhead is expensed immediately as it is incurred. Under absorption costing‚ fixed overhead is inventoried
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Corporate Finance Juan Carlos Ganme Gerardo Fumagal Osvaldo Gallegos Cases: Marriott A and Flinder Valves Case Marriott A Questions to solve: 1. Why is Marriott’s CFO proposing the Project Chariot? To improve the financial performance of the firm‚ by re-structuring the company in two separating activities to distinguish those that require a large fixed assets (Real estates ownership) and those with relative low amount of assets
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ABSORPTION AND VARIABLE COSTING Learning Objectives 1. Explain the accounting treatment of fixed manufacturing overhead under absorption and variable costing. 2. Prepare an income statement under absorption costing. 3. Prepare an income statement under variable costing. 4. Reconcile reported income under absorption and variable costing. 5. Explain the implications of absorption and variable costing for cost-volume-profit analysis. 6. Evaluate absorption and variable costing.
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Variable costing and absorption costing are the two most commonly used methods of inventory costing for manufacturing companies. The inventory method of variable costing takes place when total direct and indirect variable manufacturing costs are included within inventoriable costs. Fixed manufacturing costs however‚ are considered costs of the period under variable costing. The next method of inventory costing‚ absorption costing‚ includes all variable manufacturing costs as well as fixed manufacturing
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MITRAL VALVE DISEASE MITRAL STENOSIS Mitral stenosis is almost always rheumatic in origin‚ although in the elderly it can be caused by heavy calcification of the mitral valve apparatus. There is also a rare form of congenital mitral stenosis. In rheumatic mitral stenosis‚ the mitral valve orifice is slowly diminished by progressive fibrosis‚ calcification of the valve leaflets‚ and fusion of the cusps and subvalvular apparatus. The flow of blood from left atrium to left ventricle
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According to a recent study‚ using a thermostatic mixer valve to reduce the maximum temperature of hot water dispensed from home water pipes should significantly reduce the risk of scalding especially for young children‚ the elderly‚ and people with disabilities. Each year in the United States about 112‚000 people are treated for scald burns in hospital emergency rooms; about 80% of tap water burns occur among young children‚ the elderly‚ and people with disabilities. The American Academy of Pediatrics
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of this report is to identify whether a relationship exists between macroeconomic variables and stock exchange returns in the Pakistani capital market. The techniques of multiple linear regression will be applied to understand if there is indeed a link between the two. The time series data being analyzed is on a monthly basis and spans from January 2003 to January 2009. The indicators taken as the independent variables are manufacturing production index‚ consumer price index‚ discount rate‚ broad money
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Netflix’s Timing of Entry Netflix was founded in 2007. The company was created by Reed Hastings. Netflix was a DVD rental delivery company. Netflix utilized the USPS to deliver videos to customers. When created it was the first company of its kind that provided that kind of service. The timing into this industry was perfect. One major advantage was the only other major competitors at the time of creation was blockbuster. Blockbuster and Netflix were both in the business of offering DVD rentals.
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Unit VI: Control Valves - Control Valves As Final Control Element - Control Valves Basic Elements - Control Valves Actuators - Valve Positioner - Valve characteristics - Valve Sizing - Control Valve Flow coefficient Cv - Critical Flow Conditions - Control Valve Body Design 1 School of Technology‚ Energy and Apprenticeship Instrumentation Control & Electrical Technology (ICET) ICS3305 – F2013 Objectives • Introduce different types of valves • Explain the operation of valve main parts operation
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A PROJECT REPORT ON VARIABLE POWER SUPPLY GUIDED BY Mrs. PALLAVI INGLE PREPARED BY DHARANG SHAH JIGNESH VYAS 10EC154 09EC065 DEPARTMENT OF ELECTRONICS AND COMMUNICATION ENGINEERING YEAR: 2010 DEPARTMENT OF ELECTRONICS AND COMMUNICATION ENGINEERING SAL INSTITUTE OF TECHNOLOGY AND ENGINEERING RESEARCH AHMEDABAD-380060 CERTIFICATE This is to certify that the following students of the third semester Electronics and Communication Engineering have successfully submitted the project
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