ASSIGNMENT ON COST CONTROL AND COST FREDUCTION SUBMITTED BY‚ MOHAMMED NAFAISE E.K ROLL NO: 1600 COST CONTROLL & COST REDUCTION COST CONTROL The practice of managing and/or reducing business expenses. Cost controls starts by the businesses identifying what their costs are and evaluate whether those costs are reasonable and affordable .Then if necessary
Premium Cost Costs Cost accounting
In the essay “Male Travelers‚ Female Bodies” written by Jennifer Morgan she argues that the european version of beauty and the social creation of racism led to Africans being viewed as animals and were therefore treated as so. This is exemplified when Ligon a european traveler said‚ “their breasts hang down below their Navels‚ so that when they stoop at their common work of weeding‚ they hang almost
Premium Africa Caribbean Atlantic slave trade
brother‚ and I are members of the TTPA: Time Travelers Protection Agency. Our little brother Alex is a TTPA in training. Mostly we go on missions like Andrew is on now. Before I go any further‚ I need to go backwards. There are three main families in this world that have consistently contained time traveling DNA: the Franklins‚ the Jewelcusses and the Nightingtons. My brothers and I are part of the Nightington family. There are only ten time travelers in each family line at a time; however‚ twins
Premium Time travel
Wise Travel Tips And Tricks From Frequent Travelers Many people have vacation horror stories to tell. Usually‚ poor planning is the reason behind such negative talk. The tips listed here will help you to have an enjoyable vacation experience. Leave your valuables at home. If you decide to bring valuables‚ you could lose them‚ or they could even be stolen. Air travel requires a bit of planning. If an airport is in a major city‚ it can be quite difficult to get to‚ especially during rush hour when
Premium Sleep Time
Donald Hitchcock REL 316 “The Adventures of Ibn Battuta: A Muslim Traveler of the Fourteenth Century” Translation: Ross E. Dunn Ibn Batutta was a self-proclaimed scholar of the fourteenth century who traveled extensively throughout sub-Saharan Africa under the banner of Islam‚ and wrote of his travels in an autobiographical book entitled ‘The Travels of Ibn Battuta’. The financing for his ventures was derived from Muslim rulers inhabiting the cities he visited. His text regarding the
Premium Islam Religion Ibn Battuta
Microeconomics Topic 6: “Be able to explain and calculate average and marginal cost to make production decisions.” Reference: Gregory Mankiw’s Principles of Microeconomics‚ 2nd edition‚ Chapter 13. Long-Run versus Short-Run In order to understand average cost and marginal cost‚ it is first necessary to understand the distinction between the “long run” and the “short run.” Short run: a period of time during which one or more of a firm’s inputs cannot be changed. Long run: a period of time during which
Premium Costs Marginal cost Variable cost
is not sure about the difference between cost accounting and a cost accounting system. Explain the difference to Joe. (b) What is an important feature of a cost accounting system? 2. (a) Distinguish between the two types of cost accounting systems. (b) May a company use both types of cost accounting systems? 3. What type of industry is likely to use a job order cost system? Give some examples. 4. What type of industry is likely to use a process cost system? Give some examples. 5. Your roommate
Premium Manufacturing Cost accounting
Your model should look like this: Now with the cost drivers in place‚ we are ready to calculate Auntie Wuni’s monthly costs. • Leave a row under the Spaghetti: Px/box row and create a subtitle ‘Total Cost of Ingredients’ in cell B28 • Hit Ctrl-B on cell B28 to render the title in bold • Starting from cell B29 and moving downwards‚ populate the cells in this section simply with the name of the ingredients‚ i.e. Oil; Tomatoes; Rice; Pepper; Fish; Cow-leg; Beans; Spaghetti. • Now move the
Premium Food Nutrition Cooking
Q1: explicit costs and implicit costs concepts Explicit Cost Explicit cost is defined as the direct payment which is supposed to be made to others while running business. This includes the wages‚ rents or materials which are due in the contract. The explicit cost is the expense done in business which can easily be identified and accounted for in the business at any stage. The explicit cost represents the out flows of cash in clear and obvious terms. When any out flow of credit occurs in a business
Premium Economics Costs Microeconomics
Do you remember when ESU’s were the “one stop shop” for Cutter support? Ideally‚ if your Cutter had an electronic casualty and needed to order a part‚ you would generate a CASREP and request ESU acquire the part. Then things changed. Cutters transitioned to ALMIS and ESU’s morphed into Base C4IT Departments (BCD’s). BCD’s functioned only as the “checkbook”‚ purchasing parts when requested by the Cutter Product Lines (PL). Technically‚ BCD’s simply stepped in when requested by PL’s‚ TISCOM‚ or C3CEN
Premium Management Contract Project management