COST ANALYSIS OBJECTIVES INTRODUCTION MEANING DEFINITIONS TYPES OF COSTS MONETARY COSTS REAL COSTS OPPORTUNITY COSTS ECONOMIC COSTS ACCOUNTING COSTS INCREMENTAL COSTS SUNK COSTS FUTURE COSTS PRIVATE‚ EXTERNAL AND SOCIAL COSTS FIXED / SUPPLEMENTARY / OVERHEAD COSTS VARIABLE / PRIME COSTS REPLACEMENT COSTS PRODUCTION COSTS SELLING COSTS CONTROLLABLE COSTS DIRECT COSTS INDIRECT COSTS SHORT RUN COSTS CURVES LONG RUN COSTS CURVES OBJECTIVES To understand the meaning of cost. To discuss different types
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GROUP 1 Parts of a Lesson Plan What is a Lesson Plan? A lesson plan is organized and Time-bound. It is simply a teacher’s “plan” for teaching a lesson. Its purpose is to outline the “program” for a single lesson. The Importance of having a Lesson Plan 1. It allows you to manage your time‚ effort‚ and resources efficiently. 2. Lesson plans helps you get rid of problems or avoid them. 3. It definitely improves your teaching skills. Parts of a Lesson Plan 1. Heading/Header- Teacher‘s
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The methods used to gather the data has consisted of primary research‚ Questionnaires were created which held 20 questions‚ around 149 questionnaires were handed out to the public of ages 16-25. A range of open and closed questions where used within the questionnaire to gain qualitative and quantitative information from the users. The open questions provide a deeper understanding of what the user wants and how they want it; this is more relevant to the interviews which have been done on different
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Running Head: REDUCING COST Reducing Cost [Name of Customer] [Name of Institute] [English Literature] Reduce Cost Ways to reduce Cost In the unpredictable economic times prevalent contemporarily‚ organizations and economies all over the world are devising strategies that can prove effective in providing them sanctuary from the looming threat of increasing expenditures. However‚ there are a number of ways through which these expenses can be controlled in an intelligent and less intimidating
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The Scientific Method Justin Lancaster SC300-24 The Scientific Method Throughout our lives‚ we face numerous challenges‚ obstacles and difficult decisions that require the use of higher-level thinking. When we process the different possibilities and scenarios in our mind‚ subconsciously we are using the scientific method to problem solve. This basic concept is developed from an early stage in our lives and while it is practiced often in the widespread experiments of science‚ it is a valuable
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1. What were the roots of McCarthyism? In the late 1940s and early 1950s Americans were scared of a second red scare and that communism would influence their country (Tindal & Shi). Americans had seen what communism had done to Russia and how it was a factor of the Korean War and did not want to go down that road too. To calm Americans down an organization was formed called the House Un-American Activities Community. The organization was formed to protect communism influence on American by investigating
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provides a unique opportunity to explore the development of the internal reporting structure. While the use of internal cost and profitabiHty reports is widespread in merchandising‚ manufacturing‚ and other service industries‚ banks have historically focused only on overall profitability. The reason is simple. In the past‚ interest rates‚ branch locations‚ and service offerings were heavily regulated by the government; banks had little incentive or opportunity to consider issues such as pricing‚ product
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1953‚ the government was persuaded to begin a production run of 600 aircrafts‚ in which the cost per aircraft would reach up to two million dollars (CAD). The original order was later reduced to 100 after Canada was forced to produce the engine‚ missile system‚ and fire control
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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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Features of a Fusion Welded Joint 1. 2 Joining and Assembly Distinguished Joining - welding‚ brazing‚ soldering‚ and adhesive bonding These processes form a permanent joint between parts Assembly - mechanical methods (usually) of fastening parts together Some of these methods allow for easy disassembly‚ while others do not 3 Welding Joining process in which two (or more) parts are coalesced at their contacting surfaces by application of heat and/or pressure Many welding processes are
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