When it was written in 1925‚ Gentlemen Prefer Blondes‚ by Anita Loos was heralded as a tremendous novel. It was seen as cutting edge and insightful‚ yet somewhat risqué in its portrayal of Lorelei Lee and her escapades. I can see how this may have been thought at that time‚ seeing as how women were looked at in such a different way then they are currently. The fact that a women with as little know-how as Lorelei can manipulate men the way that she does‚ leaves no question as to who is the superior
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Normal costing is used to value manufactured products with the actual materials costs‚ the actual direct labor costs‚ and manufacturing overhead based on a predetermined manufacturing overhead rate. These three costs are referred to as product costs and are used for the cost of goods sold and for inventory valuation. Standard costing values its manufactured products with a predetermined materials cost‚ a predetermined direct labor cost‚ and a predetermined manufacturing overhead cost. These standard
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Uniform Costing and Inter Firm Comparison UNIFORM COSTING Uniform Costing is not a distinct method of costing. In fact‚ when several undertakings start using the same costing principles and/or practices they are said to be following uniform costing. The basic idea behind uniform costing is that the different concerns in an industry should adopt a common method of costing and apply uniformly the same principles and techniques for better cost comparison and common good. The principles and methods
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Why might athlethes take drugs? Athletes may take drugs to give them factors that will increase the liklihood of winning their event. For example weightlifters need a lot of muscle and need to be strong so use anabolic steriods to build up their muscle mass How do sports events monitor drug use? The sports authorities keep producing new tests for drugs. Sometimes they run random drug tests to try and identify people using them. Find an example of a athlete disqualified for drug use? Marion Jones
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Activity Based Costing The major strength of activity based costing is the ability to estimate the cost of individual products and services precisely. By transferring overhead costs to individual units of products or services‚ ABC helps identify inefficient or non-profitable products or activities that help into the profitability of efficient processes or highly profitable products. 1. More accurate costing of products/services Product cost determination under activity-based costing is more accurate
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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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extraneous variables by using random assignment to experimental conditions and sometimes also by incorporating direct control and/or blocking into the design of the experiment. Each of these strategies—random assignment‚ direct control‚ and blocking—is described as follows; A researcher can directly control some extraneous variables. In the calculus test example‚ the textbook used is an extraneous variable because part of the differences in test results might be attributed to this variable. We could
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though “ABC has emerged as a tremendously useful guide to management action that can translate directly into higher profit” (Kaplan and Copper1991) It is not fair to say that Absorption costing is no longer relevant. In fact ABC does not conform to GAAP (generally accepted accounting principles). Absorption costing is conventionally used for external reports‚ filings and other statutory compliances; where all of the manufacturing costs and only manufacturing costs are needed. For example auditors
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Blurring the ’Male Gaze’ "Gentlemen Prefer Blondes" is a 1953 Musical-Comedy released by 20th Century Fox‚ directed by Howard Hawks and starring Marilyn Munroe and Jane Russell; the two greatest sex symbols of the era. The camera’s point of view is that of the ’male gaze’‚ where women are regarded as objects of fascination and the men are assumed to have a position of power. Hawks shows how it can be easily hijacked by females smart enough to control‚ manipulate and ultimately blur the ’male gaze’
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Target Costing on Mercedez – Benz Mercedes-Benz (MB) is one of the world ’s most successful car manufacturers since its establishment in 1886. They used target costing in the design and production of one of its products‚ the M-Class‚ which is a new sports utility vehicle model‚ in response to their first time suffering loss in 1993 because of cost inefficiency and problems with material purchasing and adapting to market changes. MB started developing a range of new products such as the C-Class
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