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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able to determine whether a cost is fixed or variable is vital to the understanding of overhead loading and cost behavior. A fixed cost is unchanged with a change to the cost driver. (Horngren‚ Sutton‚ and Stratton p.46) Which means that a fixed cost does not rise with the change is production of your product. A good example of a fixed cost is rent. No matter how many widgets you make (within a relevant range) your rent will not increase. A variable cost‚ on the other hand‚ does change with the
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1) What was the general hypothesis tested in this study? (i.e.‚ What is the question that researchers are trying to answer across the two experiment?) (2 pts) The general hypothesis tested in this study concerns the effectiveness of classical moral storytelling as a promoter of virtues in 3- to -7- year-old children. Specifically‚ researchers aimed at determining how this type of fiction might educate children on honesty‚ as well as warn them about the consequences of lying. For this reason‚ they
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criterion for me would have to be the criterion of independent attestation. This criterion sets up the idea that if you have multiple individuals writing independent accounts of Jesus‚ then there is an increase in authenticity of certain. The biggest issue with this though is the types of sources we are using and how many we have. It was pointed out in the book that many of the religious texts outside of the New Testament do not really portray what the historical Jesus was like. Even if they do they
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EXPERIMENT 5 REDOX TITRATION: TITRATION USING SODIUM THIOSULPHATE Objectives 1. 2. To prepare a standard solution of potassium iodate for use to determine the concentration of sodium thiosulphate solution accurately. To acquire the proper techniques of carrying out a titration. Introduction Redox titrations using sodium thiosulphate as a reducing agent is known as iodometric titration since it is used specifically to titrate iodine. The reaction involved is: I2 + 2Na2S2O3 I2 + 2S2O322NaI + Na2S4O6
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Nichole Burnell is crippled and spends the last summer of her “childhood” playing with Barbie dolls with her little sister‚ Jennie. I think little girls playing with Barbie dolls are trying to grow up‚ because Barbie is a young adult and has a fully developed body‚ wears makeup‚ and drives. She also engages in many different careers‚ making her a role model to young girls. I think Nichole playing with Barbie dolls symbolizes her growing up‚ as ironic as that is. Barbie’s Debut Barbie was introduced
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“Barbie Doll”: Staying True to Yourself Society can take over the way people see themselves. In Marge Piercy’s poem‚ “Barbie Doll‚” a young girl was judged for her looks and being herself. Due to this young girl’s strong mind set‚ she tried to stay true to herself‚ but could only handle so much pressure. Throughout her entire life‚ she was being compared to a symbolic perfect Barbie Doll who had the beautiful cosmetic fixed face that everyone imagines girls to be‚ and the irony of how pretty everyone
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encouraging independent reading‚ students can have limited information about the topic of the book. The role of the teacher is assuring that students understand what they are reading‚ and to ask questions as they are reading. Tompkins (2014)‚ explain several methods teachers can use to check if students understand the reading. One method is asking students to make predictions as they are reading the story. By pausing in specific areas‚ students reflect on what they have just read‚ and what they think
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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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Bread Mold Experiment Mold is something that we often take for granted‚ as something that makes us have to throw the bread away or the cheese smell bad. Mold is‚ in fact‚ a fascinating organism which has had many different uses over the years and our lives would not be the same without it. Most of us know that food seems to become moldy more quickly in the summer than in the winter when it is colder. Food in refrigerators seems to keep longer than food left out in the sun. Is this true? Does temperature
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