ability for many individuals‚ including finance professionals‚ operational and marketing managers‚ top-level executives‚ and information technologists. Managerial accounting is therefore concerned with the provisions and use of accounting information to managers within organizations‚ to provide them with the basis to make informed business decisions that will allow them to be better equipped in their management and control functions. Managerial accounting therefore is important to a manufacturing
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Narrative and Descriptive Essay The purpose between a narrative and descriptive essay differ from each other because of how you want to convey the story and how to accomplish the purpose. In How to Say Nothing in 500 Words‚ by Paul McHenry Roberts‚ the intended audience is for students and writers‚ and in Once More to the Lake‚ by E. B. White‚ it is for readers who had experience with sharing a moment with their loved ones‚ which both stories accomplish a specific audience. Other similarities between
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Cost drivers‚ as propounded by Porter (1985) are the structural causes of the cost of an activity in the value chain. They determine the behaviour and level of costs within an activity. A cost driver can be completely‚ partly or not at all under the control of a firm. It is therefore important for a manager to understand these factors because according to the Neo-classical model of the firm‚ the firm’s objective is to maximise profit by producing a given level of output at the minimum cost level
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Descriptive Essay Children learn from use of their senses. They learn by recognizing a collection of sights and feelings‚ and making a connection to a symbol and a word. Elaborate on this basic principal and the human language is formed. The evolution of language began with the ability to communicate basic needs‚ and opened the gateway to a greater level of feeling and expression. The first people to harness the power of feelings into words had the right idea. It’s certain that the most
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1. Basic Concepts Product cost = Direct Labor (DL) + Direct Materials (DM) + Manufacturing Overhead (MOH) Financial accounting Managerial Accounting + Sales + Sales - COGS - Variable Costs = Gross Profit = Contribution Margin - SG&A - Fixed Costs = Net Profit = Net Profit COGS (Cost of Goods Sold) is an “inventoriable cost” ( recorded in the Balance Sheet as inventory and expensed (Income Statement) when goods are sold SG&A (Selling‚ General & Administrative) are
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DESCRIPTIVE WRITING DESCRIPTIVE WRITING is the clear description of people‚ places‚ objects‚ or events using appropriate details. An effective description will contain sufficient and varied elaboration of details to communicate a sense of the subject being described. Details used are usually sensory and selected to describe what the writer sees‚ hears‚ smells‚ touches‚ and tastes. DESCRIPTIVE PROMPTS 1. Think of an animal you have seen or that you know about. The animal might be someone’s
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Statistics Paper Driving is a very dangerous and often hazardous thing to do. This is especially true for people ages fifteen to nineteen. There are so many crashes each year for teen drivers that it’s a miracle anyone makes it past twenty years old unharmed. In 2009 alone three hundred and fifty teens were treated for a car related accident. Teen car crashes are preventable. Often times teens drink before they drive or while they drive which makes the vehicle
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WEEK FOUR DQ1 Explain the importance of random sampling. What problems/limitations could prevent a truly random sampling and how can they be prevented? Probability sampling‚ also known as random sampling‚ requires that every member of the study population have an equal opportunity to be chosen as a study subject. For each member of the population to have an equal opportunity to be chosen‚ the sampling method must select members randomly. Probability sampling allows every facet of the study population
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compensation for that week would be ____. And assuming bread works changes overtime premium and idle time to indirect labor‚ the amount of this compensation credited to indirect labor would be _____. a. ANSWER: $2240:$680 5. Lots of Stuff Company reports the following data for its first year a. COG manuf $455‚000 b. WIP inv beginning $0 c. WIP ending $140‚000 d. Direct materials used $110000 e. Manuf Overhead $185‚000 f. Fin goods inventory beginning $0 g. Fin goods inventory ending $90‚000 i. ANSWER:
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Professional Plan Charlene Hemphill Bryant & Stratton College COMM150: Introduction to Information Literacy Ms. Johnson March 29‚ 2011 ABSTRACT Making a professional plan means preparing for a future career. The three careers that were chosen for this assignment of a professional plan are food service management‚ marketing management‚ and accountants. I choose food service management because I would love to own my own restaurant. Owning my own restaurant has always been a dream of mine
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