Finer synthetic and natural rubber (obviously after treatments) which can be used in Tiles and tile adhesives‚ mixing with asphalt‚ sports surfaces‚ carpet underlay‚ noise and vibration insulation‚ playgrounds and matting. Rubber crumb is also used in new tyres‚ devulcanisation for low-tech pressed or extruded rubber products‚ commercial flooring‚ traffic control products and plenty more. Ambient Scrap Tire processing The process is called ambient‚ because all size reduction steps take place at
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UNIVERSITY OF TECHNOLOGY OWERRI‚ IMO STATE. STATE OF RESIDENCE: NIGER STATE. STATE OF ORIGIN: ANAMBRA STATE. EDUCATION IS THE MOST POWERFUL WEAPON‚ WHICH YOU CAN USE TO CHANGE THE WORLD. The Greek word ‘pedagogy’ is sometimes used for education which means ‘to discipline’‚ ‘to control’‚ ‘to instruct’ and ‘to teach’. According to John Dewey – “Education is the process of living through a continuous reconstruction of experiences” while Indira Gandhi had it that “Education is a liberating force and
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Marginal Costing Versus Absorption Costing The MAIN DIFFERENCE is the treatment of FIXED COSTS. This treatment can produce different profit figures.The two methods of costing produce different profit levels dependent upon the net change in the level of stock during the period.This is due to the VALUATION of the net change in stock during the period. In [...] Over/(Under) Absorption Of Overheads In earlier articles‚ we discussed about absorption costing‚ its advantages and disadvantages and
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Some people prefer to live in a small town. Others prefer to live in a big city. Which place would you prefer to live in? There are too many differences between live in a big city and a small city. So we have to choice our own position. If you like calm condition‚ small cities are suits you. Although‚ if you want to improve yourself‚ big cities are the most important place to learn so many things will need your future life. In life‚ people’s the best thing is of course
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ARBSORPTION COSTING STATEMENT DETAILS COST PER SYSTEM Systems Mist cooling Water mist OAR $1500/hrs Variable cost $ 1 450‚00 $ 1 254‚00 Fixed Overhead cost $ 4 500‚00 $ 5 400‚00 Total unit cost $ 5 950‚00 $ 6 654‚00 Traditional Absorption Costing Income Statement
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ADVANTAGES OF KAIZEN COSTING There are certain basic principles which are followed in various Japanese companies which are listed below: - 1) Focus on customers: The Kaizen philosophy has only one prime objective of customers’ satisfaction. Kaizen permits no middle ground its either you provide best products and customer satisfaction or not. All the activities should aim at providing customer with whatever he wants and should help the firm long term objective of customers’ satisfaction at
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Absorption Costing vs. Variable (Direct) Costing Absorption cost systems are widely used to prepare financial accounts. These systems are designed to absorb all production costs (variable or fixed) into costs of units produced. Absorption costs techniques allow manufacturing costs to be traced and allocated into product costs. There are different types of absorption costing systems: job order costing‚ process costing‚ and ABC costing. In job order costing‚ costs are assigned to products in batches
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Chapter 4-1 Activity-Based Costing Managerial Accounting Fifth Edition Weygandt Kimmel Kieso Chapter 4-2 study objectives Chapter 4-3 1. Recognize the difference between traditional costing and activity-based costing. 2. Identify the steps in the development of an activity-based costing system. 3. Know how companies identify the activity cost pools used in activity-based costing. 4. Know how companies identify and use cost drivers in activitybased costing. 5. Understand the benefits
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EXPOSITORY: “What type of music do you find most appealing?” In 1995‚ the British band Oasis came out with their second and by far most popular album‚ (What’s the Story) Morning Glory?. This was one of the major building blocks in the musical wonderwall of alternative rock. Alternative rock is a modge podge category of music that has the rhythm and accentuated backbeat of classic rock and roll but is more defined by its unconformity. This genre of music appeals to me because of
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to the successful operation of any company. To achieve a competitive edge a company must consistently improve their service or product quality‚ lower their service or product costs‚ and eliminate services or products that incur profit losses. Using a traditional costing system the portion of overhead costs allocated to the production of a service or product is determined by the total of direct labor hours used in production of the service or product. Companies implement refined cost allocation systems
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