Some theorize that the “Stratford man” was a cover story for an anonymous aristocrat‚ or that “William Shakespeare” is a pseudonym of the real author. They often refuse to call him Shakespeare and regard him with contempt‚ calling him “Shaxper” or “Shagsber
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Classification of Cost Cost may be classified into different categories depending upon the purpose of classification. Some of the important categories in which the costs are classified are as follows: 1. Fixed‚ Variable and Semi-Variable Costs The cost which varies directly in proportion with every increase or decrease in the volume of output or production is known as variable cost. Some of its examples are as follows: • Wages of laborers • Cost of direct material • Power The cost which does
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Cost Accounting: A Managerial Emphasis‚ EXHIBIT 11-1 Accounting Information and the Decision Process FIVE-STEP SEQUENCE Step 1: Gathering Information AN ILLUSTRATION The current manufacturing line uses 20 employees‚ 15 operating machines‚ and 5 handling materials‚ for a total cost of $640‚000. The rearrangement of the manufacturing assembly line is expected to eliminate materials-handling costs‚ equivalent to $160‚000. The cost of the rearrangement will be $90‚000. Historical
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been introduced. However‚ there have been issues associated with the efficiency and effectiveness of the same. Rampant leakages and corruption have made many of the schemes and programs dysfunctional. Direct Cash Transfer to the poor has been aimed to mitigate these malaises. Need for Direct cash Transfer: Recent studies by the Planning Commission have shown that the Public Distribution System has become so inefficient that 58% of the subsidized grains do not reach the targeted group and
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Cost management | Wilkerson Company Case | | 1. What is the competitive situation faced by Wilkerson? The competitive situation faced by Wilkerson is quite severe. Price cutting in its main product has led to a huge drop in profit. While price increase in another product line partially made up the loss. We will discuss the detailed situation line by line. (1) Valves It was the first product line developed by Wilkerson and its high quality brought it a loyal customer base. Even
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each purpose discuss whether information about current or future product costs is required. What implication does your answer have for developing a product costing system? L-S‚ T & H‚ page 131. Purpose Current / Future Product Costs Short-term decisions: product mix‚ pricing Future Longer-term strategic decisions Future Long-term pricing Future Plan future product-related costs Future Control of product costs Current Reimbursement contracts Current External reporting (inventory
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CASE DIGEST OF MAGALLONA VS ERMITA FACTS OF THE CASE: The antecedent facts of this case emerged upon the passing of Republic Act 3046 in 1961. The law’s purpose is to demarcate the maritime baselines of the Philippines as it was deemed to be an archipelago. RA 3046 stood unchallenged until 2009‚ when Congress amended it and passed RA 9522. This amending law shortened one baseline and determined new base points of the archipelago. Moreso‚ it has identified the Kalayaan Island Group and the Scarborough
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Papa Samba Diouf Arts 1301 Mr Kaminski Art Critique Every opening sequence in any fictional work is responsible for setting the general mood of the narrative. Our current pattern of videoclips--the type we like the most these days--tends to offer plots as a way of captivating more of the audience. That’s because we love fiction and stories and storytelling. A song is more interesting when it accompanies a story we can
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Foreign Direct Investment (FDI) Due to globalization and hyper competition‚ it became crucial for the countries to engage in the global economy in order to survive and develop. One way to do so is through foreign direct investment. “Foreign direct investment (FDI) occurs when a firm invests directly in production or other facilities in a foreign country over which it has effective control”. (Shenkar & Luo‚ 2007‚ p. 60). It provides benefits for the multinational enterprises investing in a
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