Portfolio 2, ABC Nowadays, the development of technology allow the company reduce the cost from direct labour and material cost, but the indirect or overhead cost become significant high. Therefore, price decisions on each product become essential. ABC costing system is a form of splitting overhead costs into different overhead activities. The costs are then allocated to products or projects proportionally by their cost driver activity levels. In another words, this system result the manager to
correct, do think twice before you click for the Model Answer. Otherwise you will exclaim: "Oh shiX! I should have given a different answer if I had read the question correctly and had given the issues a little more thoughts". The Good News If you fail in providing good answers for the Exercises, don't worry! You would still be able to pass the CDCS exam, because our Exercises may be more difficult than those in the CDCS. The examiners of CDCS only wish to check your knowledge on UCP 600, ISP98 and
Why Smoking Should be Banned in Public Places. His bald head rests on a pillow. His bones from his cheeks and shoulders protrude under his skin. His mouth is open, but he cannot respond to his mother, wife or three-year-old son anymore. Doctors say there is no hope for Bryan Lee Curtis, a lung cancer victim. He started smoking when he was 13 years old and he never imagined that 20 years later, smoking would take his life away, leaving his wife and child alone. ‘’I can’t fight anymore’’, Bryan said
section iii implies, countries would manipulate their currency value in order to win or lose price advantages, often on international loans. This all became viewed as enough of a problem that the Allied Nations came together to enact a sort of central bank covering such transactions in order to save the cost and hassle of global currency flows, which sometimes caught nations short when their 'current accounts,' i.e. credits and debits owed to other nations for trade flows, failed to balance due to the
immigration acts were put in place to hinder the influx of Asians, especially the Chinese. Along with the stigmas for Asian Americans, there is also a widespread perception that Asian Americans are not “American” but “Perpetual foreigners” since they fail to assimilate into the “Melting Pot” of America”, seen as inherently foreign even with citizenship. Many “ancient” stereotypes of Asian Americans are still being portrayed, targeting Asian American socially and politically. Soon after the Vietnam War
imported inputs due to depreciation of Pakistani rupee, double digit inflation and prolonged power cuts are posing serious threats to textile sector. On these fronts the situation is expected to remain volatile in the future. Nishat mills limited did extremely well during the current financial year and achieved 32.11% growth in total net revenue from the corresponding previous year. Despite all the challenges faced by our textile sector, Nishat achieved this success through full utilization of its
According to the article this has been the result of a loss of land and water to industrialisation and urbanisation, and also, to meat and dairy production. In addition, flooding in Indonesia and Bangladesh and recent cold weather in Vietnam and China has also hurt production. Consequently there has been a fall in supply. This is shown in the diagram below. The supply curve for rice has moved to the left, from S1 to S2. At a price of P1 the amount supplied in the market has fallen from q1 to
| | | The ultimate purpose of assessing control risk is to contribute to the auditor 's evaluation of the risk that | A. Tests of controls may fail to identify procedures relevant to assertions. | | The ultimate purpose of assessing control risk is NOT to contribute to the auditor 's evaluation of the risk that tests of controls may fail to identify procedures relevant to the assertions. Tests of controls are performed AFTER procedures relevant to the financial statement assertions have
original analyses of the possibilities for meaningful accounting standardization. With an agenda as rich as this, it is all the more praiseworthy that Michael maintained his dialogues with both the academic and the practitioner communities. But that he did. Those who know Michael Bromwich are not surprised by his many involvements, however. Constantly striving, always curious and ever personable, he has developed a pattern of interests, involvements, and friendships that have sustained his very effective
satisfaction Key concept- marginal analysis- comparisons of marginal benefits and marginal costs, e.g.: keep eating until full, that is... until marginal benefit = marginal cost... i.e. not worth it to pay for more food when already full Why study economics? As John Maynard Keynes said “indeed, the world is ruled by little else.” Most practical ideology is found in economics Economics for citizenship- intelligent participation in a democracy requires a knowledge of fundamental economics