Contents EXECUTIVE SUMMARY 6 TARGET COSTING 7 TATA NANO – THE INTRODUCTION 9 A BREAK THROUGH CAR 11 COST CUTTING FEATURES 12 TARGET PRICING THE NANO 13 Product Features 13 Dimension 13 Engine specifications for Tata Nano 14 Safety features for Tata Nano – The 1 Lakh car 14 How green is Tata Nano? 14 IDEA GENERATION OF NANO 14 THE COST – THE TARGET 16 THE COST REDUCTION PARADIGM 17 Value Engineering Alternatives: 17 Now the question was‚ “how much to produce” 17 PRODUCT DEVELOPMENT 18 The Final verdict:
Premium Tata Motors Tata Nano Maruti 800
Topic Gateway Series Activity Based Costing Activity Based Costing Topic Gateway Series No. 1 1 Prepared by Stephanie Edwards and Technical Information Service Revised November 2008 Topic Gateway Series Activity Based Costing About Topic Gateways Topic Gateways are intended as a refresher or introduction to topics of interest to CIMA members. They include a basic definition‚ a brief overview and a fuller explanation of practical application. Finally they signpost some further
Premium Management accounting Cost accounting Activity-based costing
Accounting - Case Study 2 Landau Company Problem 1 Input Data Provided - Sales increased in July - Production decreased in July below standard because of employee vacations - As a result of vacations overhead costs have been under absorbed in July - Large unfavorable volume variance had been generated to offset gross margin Explanation Required On the Income Statements under Full costing and Variable costing some line items indicate differences. LANDAU COMPANY Income Statements June and July
Premium Variable cost Costs Cost
The Contingency Approach: Y. Y^ -a . . ’ ^ 1 i^-^ .g ^ ‚ The Contingency Its l^oundations and Relevance A poc p r ah to Theory Building and Research in Marketing by Valarie A. Zeithaml Duke University‚ Durham‚ North Carolina‚ P. "Rajan" Varadarajan Texas A&M University‚ and Carl P. Zeithaml University of North Carolina‚ Chapel Hill Introduction During the 1960s‚ management theory and research began to adopt a new orientation‚ one that embodied a remarkably simple concept
Premium Marketing
Explain why there might be rapid economic growth in a country (10m) Economic growth measures the rate of change in the volume of output produced within the economy. It is a key indicator of the nation’s economic wellbeing. Rapid economic growth can be described as economic growth that occurs in a short period of time‚ or at a great speed. A country might experience rapid economic growth due to increases in aggregate demand which lead to actual growth‚ interest rates‚ exchange rates‚ as well as
Free Economics Macroeconomics Inflation
persecuted or murdered through various methods. These‚ for example‚ included death through gas‚ hunger or too much work. But why use posters as a form of propaganda? Posters are a very simple form of bringing information to the viewer in a quick and easy way. This is because posters are mainly just one piece of paper in any desired size‚ shape or color. Another reason why many customers decide on using posters as a form of propaganda is because they do not want to bore the viewer with any unnecessary
Premium World War II Nazi Germany Germany
Why do Teenagers use drugs? Young people try drugs for many reasons including relaxation‚ socializing‚ curiosity or peer pressure. Alcohol‚ tobacco and cannabis are the most commonly used drugs by teenagers. Around one in five teenagers have tried cannabis at least once. Parents can reduce the risk of drugs for their children with some strategies Some strategies to avoid children using drugs may be: * Model appropriate behavior such as drinking moderately‚ not smoking and not using illicit
Free Drug addiction Drug Addiction
St. Francis School Sta. Ana Manila High School Department WHY DO STUDENTS PREFER PLAYING ONLINE GAMES RATHER THAN STUDYING ? SUBMITTED BY: SOFIA ALYANNA B. ORTEGA 4TH YR. ST. LAWRENCE OF BRINDISI SUBMITTED TO: MS. MARIBEL J. ROQUE In the modern age‚ computers have become a part of a student’s life. Almost all the things around us were made by computers with the aid of modern machines. From the edited books‚ design‚ special effects in movies‚ and television etc.‚ were
Premium Massively multiplayer online game Online game
technologies and the innovations. And they are all the more attracted than they can appreciate the openness they bring to them. Indeed‚ more and more people are connected‚ and use the devices in they every day life‚ to meet people from the entire world‚ remain connected and discover new fields of possibilities. The more they use the NTIC‚ the more they want to push back their frontiers. However‚ fascination often hides some fear. Indeed behind the fascination reside the irresistible attraction to the
Premium Sociology Science Technology
Introduction Activity Based Costing (ABC) addresses internal operating concerns and is an augmentation to the traditional cost management system. It is not a replacement for traditional accounting‚ but makes use of the source documents provided from standard job costing systems. ABC looks at a business unit’s events as cost drivers and assigns all company resources and accumulated costs against those events in a time-phased sequence. Revenue tracking provides management with a different point
Premium