COST ACCOUNTING Cost accounting means the process of collection of data, analyzing the data, summarizing and evaluating various alternative courses of action. Basically, the cost accounting information are commonly used in the financial accounting information. Also the accounting system and financial reports are not subjected to the rules and standards of accounts, like the general accepted accounting principal. Which leads to different application of cost accounting system in different
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Depreciation of equipment-$400 Building costs-$2,000 -------------------------------------- Total fixed cost per month=$10,400 Variable Costs: Office supplies-$300 Staff salaries-$33,000 --------------------------------------- Total variable costs=$33,300/60= $555-Variable cost per new hire b. Estimated total cost of HR for June. $10,400 + 70($555) = $10,400 + $38,850 = $49,250-Total projected costs for HR in June c. What is the expected incremental cost associated with
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945 2004 Current Ratio = Current Assets/ Current Liabilities 2,191,243.00/1,972,131.00 = 1.111 Long Term Solvency 2002 Long Term Solvency = Total Liabilities/Total Assets 1185008.00/1165065.00 = 1.017 2003 Long Term Solvency = Total Liabilities/ Total Assets 1316681.00/1244261.00 = 1.058 2004 Long Term Solvency = Total Liabilities/ Total Assets 1972131.00/2191243.00 = 0.900 Contribution Ratio 2002 Contribution Ratio = (Contribution Margin/Sales) 100 (506788.00/617169.00)100
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ASSIGNMENT Course Code : MS - 4 Course Title : Accounting and finance for managers Assignment Code : MS-4/TMA/SEM - I /2012 Coverage : All Blocks Note: Answer all the questions and submit this assignment on or before April 30, 2012, to the coordinator of your study center. 1. The Balance Sheet of Bharat Machinery Ltd., as on December 31, 2009 and 2010 are as follows: |Items |Dec. 31, 2009 |Dec. 31, 2010
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THE MARKETING MIX The marketing Mix (MM), which is made up of the 4 P's, is the tool for assisting in the development of a marketing strategy. Are we looking at Marketing as a process,or as a perspective here? (expl) Whereas the 4 components of the MM are dealt with here separately, it should be remembered that, in their implementation, no single P operates in isolation or independently. Each P interact with at least one other P. elaborate product price place promotions
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(working 20 days/month). The daily wage (per worker) is $70, and the price of the firm’s output is $32. The cost of other variable inputs is $2,000 per day. You are told that the firm’s fixed cost is “high enough” so that the firm’s total costs exceed its total revenue. The marginal cost of the last unit is $30. 1. Briefly describe the details of the fictitious business that you created for this assignment. The company I was hired for as a managing consultant, Press Body Nutrition is a privately
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Operations Decision Students Name ECO 550 Managerial Economics & Globali Professor: NAME Date: 19-July-2012 Operations Decision This paper will describe the details of a fictitious business and will assess the current environmental scan factors while determining the factors that will have the greatest impact on plant operations and management’s decision to continue or discontinue operations. Thirdly, this paper will evaluate the financial performance of the company
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Existing Business Proposal ECO/561 June 21, 2012 Dr. Jill Trask Business Proposal It is very significant to comprise a business plan in the shifting world business to stay ahead. The changes in the economy will create or shatter the business. In this paper Adnan will discuss the existing goods or services business proposal of Thomas Money Services Inc. The reason to have a business plan for the organization is to restore or generate more profits for the business. Elasticity
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Date: 5/4/12 To: Lead Economist Laura From: Nate Thompson Subject: Hiring Manager Hannah Labor | Output | Fixed Cost | Variable Cost | Total Cost | Marginal Cost | 0 | 0 | $76.00 | $0 | $76 | $0 | 1 | 3 | $76.00 | $64.00 | $140.00 | $21.33 | 2 | 8 | $76.00 | $128.00 | $204.00 | $12.80 | 3 | 15 | $76.00 | $192.00 | $268.00 | $9.14 | 4 | 20 | $76.00 | $256.00 | $332.00 | $12.80 | 5 | 22 | $76.00 | $320.00 | $396.00 | $32.00 | Marginal revenue is equal to product price if this
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Total Rewards System Proposal Shawn Tillman Strayer University HRM533 Total Rewards Dr. Carla Henryhand February 19, 2012 Total Rewards System Proposal 2 Total Rewards System Proposal More and more companies are realizing they get better performance from engaged and connected employees. Many are rethinking their employee strategies. They are developing new ways to identify
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