done this assignment. The purpose of this assignment is to gather practical experience. By this assignment one can know about the costing system of a company. How a company manages their cost‚ whether they follow the accounting system or not- to know this‚ is the prime objective of this assignment. By gathering the cost information of a company one can analyze it and also can give suggestions to improve their costing system for more profit. Figure: Objectives of the assignment
Premium Cost accounting Supply chain management terms Raw material
- - - - - - - - - - -x G.R. No. 170889 JOHN LU YM and LUDO & LUYM DEVELOPMENT CORPORATION‚ Petitioners‚ vs. THE HONORABLE COURT OF APPEALS OF CEBU CITY (FORMER TWENTIETH DIVISION)‚ DAVID LU‚ ROSA GO‚ SILVANO LUDO & CL CORPORATION‚ Respondents. R E S O L U T I O N CARPIO MORALES‚ J.: By Decision of August 26‚ 2008‚ the Court1 unanimously disposed of the three present petitions as follows: WHEREFORE‚ premises considered‚ the petitions in G.R. Nos. 153690 and 157381 are DENIED for being moot and academic;
Premium Appellate court Trial court Supreme court
of the more basic concepts of economics. Scarcity needs trade-offs‚ and trade-offs result in an opportunity cost. While the cost of a good or service often is thought of in monetary terms‚ the opportunity cost of a decision is based on what must be given up as a result of the decision. Any decision that involves a choice between two or more options has an opportunity cost. Opportunity cost‚ scarcity and trade-off are important in our daily life because it affects us every day in different ways and
Premium Economics Costs Cost
ER Assinment 1 (BCO6603) ERP cost Factors on 5 modules Presented by: Shivpaul Singh Jamwal StudentID: 4502972 (Victoria University) Introduction Currently various organisations implemented different systems to improve their productivity for instance ERP‚ MRP‚ CRM etc. Nonetheless ERP received much attention in contrast to other systems all because of more efficient‚ reliable and support in decision making with the organisation modules. ERP is certain
Premium Enterprise resource planning Computer software Application software
Iversen ’s book‚ Full Body Burden‚ she talks about the causes and effects of the plutonium contamination and radiation effects. There are many effects caused by plutonium contamination and radiation exposure. There are many different types of cancer caused by the exposure. There are three main cancers discussed in her book. They include bone or lung cancer‚ brain cancer‚ and leukemia. Bone and lung cancer is a main effect of plutonium contamination in the air if inhaled. After the Mother ’s Day fire
Premium Ionizing radiation Cancer Nuclear weapon
Definition and explanation of mixed or semi variable cost: A mixed cost is one that contains both variable and fixed cost elements. Mixed cost is also known as semi variable cost. Examples of mixed costs include electricity and telephone bills. A portion of these expenses are usually consists line rent. Line rent normally is fixed for each month. Variable portion consists units consumed or calls made. The relationship between mixed cost and level of activity can be expressed by the following equation
Premium Variable cost Costs Fixed cost
Microeconomics Topic 6: “Be able to explain and calculate average and marginal cost to make production decisions.” Reference: Gregory Mankiw’s Principles of Microeconomics‚ 2nd edition‚ Chapter 13. Long-Run versus Short-Run In order to understand average cost and marginal cost‚ it is first necessary to understand the distinction between the “long run” and the “short run.” Short run: a period of time during which one or more of a firm’s inputs cannot be changed. Long run: a period of time during which
Premium Costs Marginal cost Variable cost
Gustavo A. Carrillo Humanities 111 June 25‚ 2008 Medea in Full Control of the Events Euripides plays are about the emotions and reactions of ordinary people and social issues rather than with deities and their adventures. His collection of plays‚ approximately 90 of them‚ includes Electra‚ Trojan Women and Medea. This last one is the most controversial play during Euripides ’s time‚ because portraits Medea as a heroine in a time where only man can be heroes. Medea is an easy play to read that
Premium Euripides Medea Greek mythology
The Cost of Success In college‚ students deal with multiple stress factors and finances should not be included. Numerous of students graduate high school each year and only a select decide to further their education. These students should be able to attend college without worry. College helps students choose a career and prepare for life after their graduation. A student stressing over how they’re going to pay for their textbooks or what they’re going to eat for dinner because a meal plan wasn’t
Free High school University College
for an order for 2‚500 units of GX1. The company only makes GX1 to order and currently has no other orders in process. The production requirements for GX1 are as follows: Materials: Three types of material are used in production: Amount Cost Resale Current used per unit price value price to buy Material A 12kg £2.50 £1.00 £2.75 Material B 4kg £7.00 £5.50 £8.50 Material C 6kg - £6.50 - Material A is used extensively throughout the company’s range of products
Premium Cost Costs Price