------------------------------------------------- ASSIGNMENT ON COST CONTROL AND COST REDUCTION ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- -------------------------------------------------
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INTERNATIONAL B-SCHOOL SUBJECT: FINANCIAL & COST ACCOUNTING Total Marks: 80 N.B.: 1)Allquestionsarecompulsory 2) All questions carry equal marks. Q1) ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In addition‚ ABC Ltd will have to incur costs of Rs 1.50 per unit for freight and Rs 10‚000
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5 / ¼.5= .67%/ 22%= 3.05 Ch 22 #7 1. Key Question A firm has fixed costs of $60 and variable costs as indicated in the table on the following page. Complete the table and check your calculations by referring to question 4 at the end of Chapter 23. 1. Graph total fixed cost‚ total variable cost‚ and total cost. Explain how the law of diminishing returns influences the shapes of the variable-cost and total-cost curves Graph AFC‚ AVC‚ ATC‚ and MC. Explain the derivation and shape of each
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The Broad Scopes of Human Resources Literature Review Shamieka Williams University of Phoenix The three articles in this review are from Buse (2009)‚ Cudanov‚ Jasko‚ and Savoiu (2012) and Liu‚ Liu‚ Mills‚ and Fan (2013). All three of the articles discuss the ever evolving world of human resources and the factors linked to human resources management. Human resources simply does not involve the various amounts of documents that hold an organization together‚ but also involves the structure
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ETHICS IN LEADERSHIP Ethics are the moral values in a human being. It is nothing but a feeling of knowing what is right and by default what is wrong .Ethics is not about codes‚ but about people who make decisions .Ethics is a generalized term. There are professional ethics and so on. This ethical behavior appears to contribute to credibility as a leader. A person’s ethics reflect the sum total of that individual’s experiences‚ education. The process of making good ethical decisions is complex
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following data have been recorded for recently completed Job 501 on its job cost sheet. Direct materials cost was $3‚067. A total of 30 direct labor-hours and 104 machine-hours were worked on the job. The direct labor wage rate is $12 per labor-hour. The company applies manufacturing overhead on the basis of machinehours. The predetermined overhead rate is $11 per machine-hour. The total cost for the job on its job cost sheet would be: A. $4‚571 B. $3‚757 C. $3‚090 D. $3‚427 Applied manufacturing
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11 Allocation of Joint Costs and Accounting for By-Product/Scrap Objectives After completing this chapter‚ you should be able to answer the following questions: LO.1 LO.2 LO.3 LO.4 LO.5 How are the outputs of a joint process classified? What management decisions must be made before beginning a joint process? How is the joint cost of production allocated to joint products? How are by-product and scrap accounted for? How should not-for-profit organizations account for the cost of a joint activity?
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Cost Control and Cost Reduction A business enterprise must survive‚ grow‚ and prosper. Cost Control and Cost Reduction are activities necessary for ensuring that these objectives are fulfilled. With the liberalization of the Indian Economy and Globalization‚ there is now a cut throat competition from various concerns of the world. As a result there is now a race to secure a place for survival. This has increased the importance of cost control and Cost Reduction. Cost Control “Cost control
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ELECTIVE COURSE FOR PGDM-WM Leadership and Managerial Effectiveness Dr Asha Bhandarker email abhandarker@imi.edu About the course: High performing and Competitive organizations need leaders with a whole host of competencies. At the self level there is a need for capabilities like Managing Self ‚ Emotional Intelligence‚ Drive and execution ability‚ and Creative and Strategic Thinking; at the group level managing high performing Teams and Capacity to Influence and Mobilize people
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and objectives M5.46/1 604/2 Assessment Criteria 1. Evaluate the role of leadership in helping teams to achieve organisational goals and objectives What is it that leaders do to help their teams achieve organisational goals and objectives? Every organisation has goals and objectives which are essential for it to succeed in an ever changing environment. Ken Blanchard’s study of leadership identified two broad types of behaviour‚ directive and supportive‚ and the extent to which these are
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