000 for the units produced‚ then what would be the cost assigned to 2‚000 of units in ending inventory? If direct materials are $8.00 per unit‚ direct labor is $4.00 per unit‚ variable manufacturing overhead is $6.00 per unit‚ and fixed costs are $12‚000 for 6‚000 units produced‚ what is the total cost per unit under throughput costing? Under throughput costing‚ are product costs higher or lower than with other costing methods? Under throughput costing‚ if the sales price per unit is $20‚ direct
Premium Variable cost Costs
Zauner Ornaments Costing & Pricing Introduction Zauner Ornaments was a large manufacturer of crystal and glass products based in Vienna Austria. The company had an international reputation of producing high quality glass and crystal at affordable prices due to the skill of its master artisan and using innovative technology in the manufacturing process. Its product was used in fine restaurants‚ hotels and residencies around the world. Due to slowing growth in the fine-crystal and glass-tableware
Premium Costs Variable cost Management accounting
and cell division. One molecule of ATP contains three phosphate groups‚ and it is produced by ATP synthase from inorganic phosphate and adenosine diphosphate (ADP). ATP is used is many organisms and also in different ways. Below are a few ways in which ATP is used. When muscles contract in any organism‚ it means muscle fibers are generating tension with the help of motor neurons. ATP is the source of energy that allows this to take place. Voluntary muscle contraction is controlled by the central
Premium Adenosine triphosphate
Contract costing is a type of a specific order costing: Contractor costing is generally used for the works of constructional nature such as civil engineering works etc.‚ Each contract is considered as a separate unit of cost and a separate account is kept for each individual contract. The special features of contract costing are as detailed below: Materials: The materials purchased directly or issued from the stores or transferred from other contracts are recorded on the debit side of the
Premium Depreciation Contract Contract law
Product Costing Module in ERP for L&T Kansbahal Works‚ Kansbhal‚ Orissa : A Case Study 1 Seema G. Bhol‚ 2Arun Mishra & 3Srikanta Patnaik Sambalpur University‚ Burla‚ Orissa‚ India‚ 2Head (IT Services)‚ L&T‚ Kansbhal‚ Orissa‚ India‚ 3 Department of Computer Science ITER ‚ SOA University ‚ Bhubaneswar‚ Orissa‚ India E-mail : guptaseema@hotmail.com‚ arun-kbl@kbl.ltindia.com‚ patnaik_srikanta@yahoo.co.in 1 Abstract - One need to be very accurate in what the products and services are costing. Inaccurate
Premium Enterprise resource planning
one that doesn’t seem to have an end. The state of North Carolina is one of the most involved areas of the fracking process. “North Carolina is sitting on top of large natural gas reserves (WRAL 1).” For this reason‚ many natural gas companies come to North Carolina for business. This helps the states economy because it produces more income and creates more jobs. The only problem is that the hydraulic fracking process has a reputation of contaminating local drinking water. This causes controversy
Premium Natural gas North Carolina
STANDARD COSTING (VARIANCES) 1.1 Material costs variance = (Standard quantity x Standard Price) – (Actual quantity x Actual price) MCV = (SQ × SP) – (AQ × AP) 1.2 Material price variance = Actual quantity × (Standard price – Actual price) MPV = AQ × (SP – AP) 1.3 Material usage variance = Standard price (Standard quantity – Actual quantity) MUV = SP × (SQ –AQ) 1.4 Material cost variance = Material usage variance + Material price variance MCV = MUV + MPV 1. Material Variance Material usage
Premium Costs Management accounting
Analysis for Implementing ECM‚ BPM Systems Determining the ROI for a significant investment‚ such as adopting an ECM or BPM system‚ is no easy task. Doug Allen‚ CRM‚ CDIA+ T he adoption of enterprise content management (ECM) and business process management (BPM) systems is often spurred by regulatory and compliance concerns. As Thomas Hogan‚Vignette president and chief executive officer‚ told Computerworld‚ the move to adopt ECM technology is driven by “two fundamental business catalysts”:
Premium Business process management Enterprise content management Rate of return
Which technology was most effective during WW1 Machine guns were invented to cause a lot of casualties on both war fronts in World War One. Men who went over-the-top in trenches stood little chance when the enemy opened up with their machine guns. Machine guns were one of the main killers in the war and accounted for many thousands of deaths. This British machine gun is being fired by a team of two who are wearing early gas masks in case of a gas attack. To ensure that the machine gun’s barrel
Premium World War I World War II
strategies? (125 words ) How have the classes and the research change my beliefs about teaching and learning strategies? (125 words ). Teaching is one of the most noble profession. It is an ongoing process that brings about change in behavior through learning. The quality of teaching is believed to be the ingredient that most likely makes a difference in students learning.(Stigler‚J.) Teaching is also about reaching into the minds of students. In my belief effective teachers are not born
Premium Learning Education Educational psychology