Free lectures are available on opentuition.com CONTENTS 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Accounting for Management Sources of Data Presenting Information Cost Classification Inventory Control Accounting for labour Accounting for Overheads The Management Accountant’s Profit Statement – Absorption Costing The Management Accountant’s Profit Statement – Marginal Costing Process Costing – Introduction Process Costing – Losses
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manufacturing/purchasing once the customer orders the good effectively making zero inventories. In other words, in a JIT environment materials are purchased and produced as and when it is needed. The whole idea is based on the phrase provide the goods just in time as promised when the order is placed by the customer. The opposite of the JIT production is known as JIC (Just in case) system where it produces goods for inventory with the intention of having goods just in case a customer places an immediate
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2012 HINDUSTAN ZINC LIMITED Mohit Parikh (2011159) [RATIO ANALYSIS AND EXPLORATORY RESEARCH ON TRAINING EFFECTIVENESS AT HINDUSTAN ZINC LIMITED DEBARI SMELTER] Completed under the able guidance of PROF. RAJ V. AMONKAR 1 Acknowledgement At the outset I would like to thank Vedanta for providing me the opportunity to attend the summer internship program at Hindustan Zinc Limited Debari Smelter. The Summer Internship Program has been a great value addition to my profile and I hope to contribute
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1 What are navratan companies in india? LIST OF NAVRATNA PSEs 1. Bharat Heavy Electricals Ltd. 2. Bharat Petroleum Corporation Ltd. 3. Gas Authority of India Ltd. 4. Hindustan Petroleum Corporation Ltd. 5. Indian Oil Corporation Ltd. 6. Mahanagar Telephone Nigam Ltd. 7. National Thermal Power Corporation Ltd. 8. Oil & Natural Gas Corporation Ltd. 9. Steel Authority of India Ltd. 2 Listed companies in this navratan Bhel,bpcl,gail,hpcl,ioc,mtnl,ntpc,ongc,sail
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5 Supply Chain Management Based on Modeling & Simulation: State of the Art and Application Examples in Inventory and Warehouse Management Francesco Longo Modeling & Simulation Center – Laboratory of Enterprise Solutions (MSC-LES) Mechanical Department, University of Calabria Via P. Bucci, Cubo 44C, third floor, 87036 Rende (CS) Italy 1. Introduction The business globalization has transformed the modern companies from independent entities to extended enterprises that strongly cooperate with all
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Building Blocks of Managerial Accounting 1) Service companies must carry a large amount of inventory to meet consumer demand. Answer: FALSE Diff: 1 LO: 2-1 EOC: E2-1 AACSB: Reflective Thinking Learning Outcome: Define and use cost-volume-profit analysis to analyze the effects of changes in costs and volume on a company's profits 2) Manufacturing companies usually have three types of inventory. Answer: TRUE Diff: 1 LO: 2-1 EOC: E2-1 AACSB: Reflective Thinking Learning Outcome:
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SUMMER TRAINING REPORT SUBMITTED TOWARDS THE PARTIAL FULFILLMENT OF POST GRADUATE DEGREE IN INTERNATIONAL BUSINESS WORKING CAPITAL MANAGEMENT On Kotak Mahindra Group INDUSTRY GUIDE FACULTY GUIDE AMITY INTERNATIONAL BUSINESS SCHOOL, NOIDA AMITY UNIVERSITY – UTTAR PRADESH TABLE OF CONTENTS Chapter No. Subject Page No. Ch No.1 Executive Summary…………………. 6 Ch No.2 Research Methodology……………… 7 2.1 Primary Objective(s)…………. 2
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Legal Page Confidentiality Agreement The undersigned reader acknowledges that the information provided by _________________________ in this business plan is confidential; therefore, reader agrees not to disclose it without the express written permission of _________________________. It is acknowledged by reader that information to be furnished in this business plan is in all respects confidential in nature, other than information which is in the public domain through other means and that
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shifts in product costs were highly visible since the company had eliminated entirely its direct-labor based standard cost system. Thus, the simple ABC system was being used not only for internal product costing but also for inventory valuation for external reporting. AT&T PARADYNE, Harvard Business School, April 21, 1998. The company developed a different ABC model structure where the factory expenses were split into three categories
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Quantitative questions on Management Control Systems University Question Paper May 2011: 1. A company is working at 50% of its capacity. It sells 20000 units at a price of Rs. 100 per unit. Cost per unit is Rs. 90, the breakup of which is as follows: Material Rs. 40 Manufacturing Cost Rs. 30 ( 30% is fixed) Selling Cost Rs. 10 ( 40% is fixed) Administration Cost Rs. 10 ( 50 % is fixed) When the company works @ 80% capacity, selling price will fall by 5% and material cost will rise
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