Costing and Traditional Costing Essay Example | Topics and Well Written Essays - 2750 words

Costing and Traditional Costing - Essay Example Activity based costing affects only overhead costs i.e. direct labour and direct materials are the same under Absorption Costing Method. A single activity pool of cost is referred to as a â€Å"cost bucket† where cost outlays for a specific activity are garnered. A measure for an activity is applied as a basis for allocation while using overhead costs. A rate of activity rate refers to the predetermined rate of overhead in Activity based costing. Activities’ Hierarchy: Guides the way costs are supposed to be grouped into various pools as well as the nature activities assigned per given cost pool Unit-level activities – done every moment a unit is produced. Batch- level activities – performed each time a batch is processed. Product- level activities – must be done regardless of the number units or batches of the output are being manufactured. Facility-level activities- have to be done regardless of the products to be produced. Task 1 Full costing and Activity based costing A) Calculations using Full costing Revenue and direct costs of products Skel Foss Total Units produced and sold 15000 units 18000 units 33000 Selling price/unit 52 91 Direct labour cost/unit (2hrs*10=20) (5hrs*10=50) Direct Material cost/unit 25 30 Sales revenue (1*2) 780000 1638000 2418000 Direct labour cost (1*3) 300000 900000 1200000 Direct Materials cost (1*4) 375000 540000 915000 Total direct cost (6+7) 675000 1440000 2115000 Calculations on Overheads and indirect costs. Indirect component Products (Skel + Foss) % of Total products Bought in parts handling costs 96000 40% Materials handling costs 38000 15.83% Sales invoicing costs 20000 8.33% Machine set up costs 26000 10.84% All other overheads 60000 25%... The paper tells that costs objects take in activities and activities take in resources. Resource cost outlays are allocated to activities based upon their utilisation of the mentioned resources, while activity cost outlays are allocated to cost outputs with the basis being cost objects in proportion to utilisation of those activities. Activity based costing puts into account causal relationship between costs and activities and between activities and resources. Using activity based costing management technique can considerably improve the financial health of a firm as it presents the real picture or the factsheet, as the activity based costing technique tracks the cost objects utilized in the activities and, thus, the factors consumed in the same activities, to determine correct individual overheads instead of simply linking on the volume. The activity based costing concept as a costing technique takes into consideration both factors. That is, the activity drivers as well as the resou rce drivers to come up with the product’s price or service. It is essential to realize that the profitability of a firm not only relies on the sales of the service or product, but also on the expenses concerned in the making of that specific service or product. In a given case study of parts of an automotive manufacturing firm located in the nation by the name Norway, it was then proven that just a minute portion of their line of products had a positive economic profit as well as return upon sales. As a matter of fact when the economic profit and operational profitability of their line of products were classified and columned side by side, that was an eye opener.

Identify IDEA disability categories Essay Example | Topics and Well Written Essays - 1000 words - 1

Identify IDEA disability categories - Essay Example Lack of morale to focus on a task is evidence of an inactive person. It would be that he is frustrated because of his culture shock and he finds it hard to interact with the other students who would probably help him to boost his academic performance (Federal Special Education, 2004). It is more than a process of absorption of facts but continuously developing as thinking, feeling and changing intercultural beings. Tomas however has not broken away from his culture in order to interact with the other students freely and learn from them. Harper has emotional disturbance. One of the characteristics of emotional disturbance is that the affected child exhibits inappropriate types of behavior in normal circumstances. This is perfectly true for Harper who gets quickly bored by his fellow peers who are not as smart as him. He also he also hates loud noises in school and yet all children of his age tend to love loud noises. Harper also struggles with a substitute teacher. This should not be the case as teachers are bound to be substituted in a school. It can be argued that Tomas suffers from an intellectual disability and emotional disturbance. This is due to the fact that he is often frustrated as he cannot match up with his peers’ intellectual capacity. This has led him to take impulsive actions which are a characteristic of emotional disturbance. It can be said that Austin is suffering from traumatic brain injury. This can be clearly evidenced from the fact that he had serious head injuries after the accident. This has led to him taking a longer time to do things and he has trouble remembering. He also has difficulty in doing Math which he highly performed in before the accident. This is definitely a characteristic of traumatic brain injury whereby the affected child has difficulties in problem-solving that eventually affects his educational performance (Danaher & Shackelford, 2001). The

Interviews Essay Example | Topics and Well Written Essays - 1500 words

Interviews - Essay Example On the other hand, there are certain circumstances that tend to force people to move from one region to another. In some countries, political instability has been the cause of many internal and external migrations of people. In various places, people have been forced to move from one place to another, seeking for places that can offer safety and better conditions of life. While these migrations are an important step especially for people that are seeking shelter, getting used to the new environment is a major challenge. According to Falola & Niyi (2007), in new environment, the refugees fleeing from their homes are forced to put up with culture shocks, limited social interactions and lack of some important facilities that are necessary for life. Many refugee centres lack such factors as educational facilities, hampering their quest for learning. The plight faced by refugees has prompted me to make a reflection of the kind of life that refugees face as they seek new places for shelter and better life. In this regard, this paper examines a personal reflection of the kind of life faced by refugees, focusing on the interviews that were conducted about refugees and their kinds of experiences. The need to understand the life that refugees go through made me to make some interviews among different refugees. This exercises made me look for people that would give their real experiences of life in new countries as refugees. The need to have this understanding would enable me to think of ways in which I could use my ability and other means to help refugees in their camps. Being a university student, I had been thinking of ways in which we could mobilize ourselves and help refugees through the different challenges that they undergo through in their daily lives. I realized that as university students, the fact that we had higher levels of intellectual capacity compared to refugees and other

Managing Change In Operations Essay -- essays research papers

Behavior Traits of Successful Businesses Business Innovation Opportunities Businesses are resource limited and must determine where and in what way to allocate resources to achieve business mission objectives. This translates to why it is so important for business to be creative and actively plan for innovation correctly. Innovation is a change of direction and it alters investment policy so it is essential from the onset for the business planner to be clear about the current state of product â€Å"portfolio†. The planner must recognize how to balance the current products against possible policies for future development and their likely implications in terms of cash flow, market share, return on capital employed and other key components of company objectives. A successful behavior trait taking hold for successful companies is to develop business models to assess a strategy. These models provide change models expanding on issues such as â€Å"what†, that provide a picture of the company now of analysis; and â€Å"which†, that suggest alternative action paths for the company to take. Both of these models provide information to build a more complete picture of events within the business and options for future development. Managers should make use of these models and many don’t. Those that do are more likely to be successful and have the ability to minimize risk of failure. Business managers who do are far more likely to survive. For planners and non-planners there is not a single universal technique that can be applied in all situations. Use of strategic planning models can be a very important behavior trait for successful companies. Companies that do not use strategic planning models usually don’t because the model does not offer what the customer wants. It may be inadequate because of its analysis of the relationship between company resources and markets. These result in advice about overall investment decisions rather than about the specifics of how to manage the alternatives in the market/business relationship can be shortsighted, since there are always alternatives in order to gain the maximum competitive advantage. Since change is so an important aspect of business continuity, many models don’t necessarily provide assiduous suggestions for what type of change should be considered. An example of modeling one such model in use by Boston Consulting Gr... ...he market required by other types of innovation. Therefore, three broad types of organizational patterns can be described as appropriate for components of the innovation matrix and it can be described as follows: 1. Common room – appropriate for the development of sector creating innovations 2. Rugby scrum – approaches are best for the management of performance extension, technological reorganization and process innovations and those innovations that require a close and continuing contact with the marketplace for effective control 3. Coffee shop – reformation, service, branding, design and packaging are most suited in this sector Once a company has formulated an innovation policy it must evaluate whether to acquire the expertise from outside the organization (acquisition), to borrow it (licensing), to develop it with a partner with some specific expertise in this area (joint venture), or to concentrate on developing the knowledge internally. By studying how knowledge has been acquired and the problems associated with each route, it is then possible to come to some general conclusions about the best overall method for developing competitive advantage in the 1990’s and beyond.

Hris Case Study

HRIS Case study 1. How does this position help the HR function become a strategic partner of the organization? MOMIRI companies realize that quality personal are the key to success. That means the company can achieve its strategic goals by the support of human capital. Therefore, proper management of human capital is the core factor for company to reach its strategic goals. Thus, HRIS, of which primary objective is to maximize the value of an organization’s human capital, can serve as a significant strategic partner of the organization.In addition, according to the duties and responsibilities of the HRIS administrator, since the HRIS administer serves as key systems liaison with other department such as payroll, HRIS administer can also help other department and build an integrate relationship between HR and other department. That relationship can provide a very insightful view for HR department and help the company to make and implement its strategic goals by providing some u seful information of employees. 2. From the position description, identify the traditional, transactional, and transformational HR activities that this position is involved with.Traditional: Conduct new hire in process to include systems training for new employees and entering new employee information in Costpoint. Conduct termination out-processing to include entering employee separation information in Costpoint and reporting attrition data. Process personal actions (hires, terminations, pay & title changes, promotions, employment status, etc) to include entering data into HRIS. Transactional: Support and maintains the HRIS in addition to other systems supported by the management of enterprise applications.Provide detail and aggregate information for salary surveys and regulatory reporting. Maintain data integrity in ATS, HRIS, and other enterprise system by running queries and analyzing and fully auditing data across all HR departments. Transformational: Provide HR tools and resou rces for management and staff to accomplishment their goals and objectives. Serve as key systems liaison with other departments and process stakeholders. 3. Using the key responsibilities identified for this position, explain why and how the HRIS function plays a pivotal role in the organizational model as described in this chapter.The HRIS function keeps and manages all the employees’ information. The HRIS analyzes the employees’ information such as performance and skills and identifies some talented person to plan and implement project. In addition, the HRIS can help make payrolls and thus build an integrate relationship with other finance and accounting software. Last but not least, HRIS can enhance efficiency and effectiveness of HR administrative functions and improve employees satisfaction by delivering HR services more quickly and accurately.

Symbolism in “The Adventures of Huckleberry Finn” by Mark...

Rivers flow freely and calmly, and people usually go to the river to get away from the hectic world around them. With nature surrounding them, people can find peace and quietness. The Mississippi River is the largest river in the United States. It’s length and width, along with its fast flowing current, makes it an ideal scene to escape civilization. In â€Å"The Adventures of Huckleberry Finn† by Mark Twain, the two main characters, Huck and Jim, find peace on the Mississippi as they spend endless nights floating down stream. Becoming civilized in society is a major theme in the novel and the Mississippi river helps Huck and Jim become uncivilized as it provides them with protection from the outside world, freedom, and adventure. The†¦show more content†¦Huck and Jim have the power to do whatever they want as they escape the norms of society. When they are curious about what is going on in town, Huck simply dresses up as a girl and tries toget information: â⠂¬Å"I reckoned I would slip over to the river and find out what was going on†¦I turned up my trouser- legs to my knees and got into it. Jim hitched it behind with the hooks. I put on the sun-bonnet and tied it under my chin†¦Ã¢â‚¬ (54). This creativity by both Huck and Jim is the direct result from the extra freedom that they now have while they are on Jackson’s Island, which is on the Mississippi river. They do not have to follow the rules set by Miss Watson or anyone else; they are totally free. This freedom also leads to the exploration of many places, such as the house in the middle of the river. Huck and Jimfind the house floating downstream and go inside to explore: â€Å"We paddled and got aboard- clumb in at an upstairs window†¦ we could make out a bed, and a table, and two old chairs, and lots of things around about on the floor†¦Ã¢â‚¬ (50). This exploration results from the unlimited freedom that they have. This freedom also leads tomany adven tures. There are many adventures that greet Huck and Jim as they travel south down the Mississippi River. These adventures allow Huck and Jim to escape the rules of society. When the Duke and Dauphin come aboard, they decide to â€Å"dress Jim up in a King Lear’s outfit- it was a longShow MoreRelatedEssay Symbolism: the Adventures of Huckleberry Finn1207 Words   |  5 Pageshave used symbolism to express certain feelings and emotions in discreet ways. What is symbolism? The practice of representing things by means of symbols or of attributing symbolic meanings or significance to objects, events, or relationships (Dictionary.com). Numerous authors use the same denotations to illustrate different thoughts or ideas. Mark Twain uses various symbols, such as the river and the land to expose freedom and trouble in his novel, The Adventures of Huckleberry Finn. The AdventuresRead MoreEssay on Symbolism in The Adventures Of Huckleberry Finn1212 Words   |  5 Pageshave used symbolism to express certain feelings and emotions in discreet ways. What is symbolism? The practice of representing things by means of symbols or of attributing symbolic meanings or significance to objects, events, or relationships (Dictionary.com). Numerous authors use the same denotations to illustrate different thoughts or ideas. Mark Twain uses various symbols, such as the river and the land to expose freedom and trouble in his novel, The Adventures of Huckleberry Finn. The AdventuresRead MoreSamuel Clemens : The Father Of American Literature1614 Words   |  7 PagesCrucible, and The Adventures of Tom Sawyer are all popular examples of American Literature. Many of the most well-known written works of American Literature can be funneled back to one person, Samuel Clemens. Many people might say, who is Samuel Clemens? However, if they are informed of his â€Å"pen† name, they may form connections. Clemens wrote under the â€Å"pen† name, Mark Twain. According to the Oxford University Press, it was in 1863 in which Samuel Clemens starting signing as Mark Twain. Clemens derivedRead MoreMark Twain s Adventures Of Huckleberry Finn1755 Words   |  8 PagesMark Twain’s Adventures of Huckleberry Finn is a masterpiece and an American classic according to Alex Brink Effgen, a PhD student working on the impact of Twain’s writing (Effgen). Twain expresses the problems that faced America during the 1830s to 1870s through the poin t of a view of a boy that indirectly expresses his hate for the accepted societal rules that are placed on ideas such as racism. Twain’s use of dialect, language and symbolism express the Realism era and creates a powerful masterpieceRead MoreLife and Works of Mark Twain Essay1634 Words   |  7 Pagesand Works of Mark Twain Introduction Mark Twain is considered as one of the most renowned authors of his time. He attained worldwide success, very early in his professional career. Twain was mostly known for writing realistic novels, in which the language and the mindset of the people reflected the traditions and values of their environment. As he spent ample time near the Mississippi River, the symbolism of the river and its significance is reflected in his books. Overall, Mark Twain was a celebratedRead MoreAnalysis Of Mark Twain s The Tale Of Adventures Of Huckleberry Fin 1468 Words   |  6 PagesII Honors November, 19th 2014 Mark Twain Mark Twain was a boy from missouri who rose to become one of america’s most iconic novelists. Twain stood out in his era by using his realistic writing style and mixing with his experience as a boy growing up in missouri, Twain wrote classics no other would dare write about at this time. Twain stepped out of societies bubble and wrote the tale of Adventures of Huckleberry Fin. Through is writing, Twain was open about the horrors of slavery andRead MoreRiver Symbolism In Huckleberry Finn1252 Words   |  6 PagesThis quote relates to The Adventures of Huckleberry Finn written by Mark Twain because, Huck Finn has a friend who goes with him on his journey to the south. In a way his friend Jim becomes almost like family. They have spent all of their time together and they have been through a lot to get to the south and be free. The Adventures of Huckleberry Finn is a valuable novel and should be included in high school curriculum because it teaches people through river symbolis m, the language used in the 1800sRead MoreMark Twain s The Adventures Of Huckleberry Finn2015 Words   |  9 Pagesthe latter nineteenth century, the famous author Mark Twain, less commonly known as Samuel Clemens, produced The Adventures of Huckleberry Finn. A few years prior to the publishing of The Adventures of Huckleberry Finn, Mark Twain released possibly his most famous book, The Adventures of Tom Sawyer, which is very much an adventure novel. In the early chapters of Twain’s sequel, it appears that ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬ The Adventures of Huckleberry Finn is another adventure novel, and that it is just following a differentRead MoreVenturing Freedom with Mark Twain1587 Words   |  6 PagesVenturing Freedom Mark Twain, notable for his works in the late 19th century, grew up in Hannibal, Missouri, and worked as a riverboat pilot along the Mississippi River. Missouri was a slave state; it was there that Twain became familiar with the institution of slavery, as well as the ideas and practices of racism and inequality that dominated American life during that period. Although freedom was the basis of America’s foundation, the novel is written during a time that freedom is often in questionRead MoreThe Adventures Of Huckleberry Finn By Mark Twain1508 Words   |  7 Pagesmeaning of his writing is Mark Twain. By using satire, he humorously draws attention to some issues faced in American culture and other places around the world. A perfect example of his use of satire is his novel Adventures of Huckleberry Finn. Twain’s widely read novel Adventures of Huckleberry Finn uses satire as a tool to expose a few key issues faced in America, which are organized religion, violence in A merican culture, human ignorance and gullibility. In 1861, Mark Twain visited Salt Lake City

Different Types Of Cell Cycle - 1293 Words

Chapter five primarily covers information about cells, cell division, and the different types of cell cycles. The cell cycle is a sequence of events that makeup the life of a typical eukaryotic cell, from the moment of its origin, to the time it divides to produce two daughter cells. Interphase starts off the cell cycle and it is the longest stage in the cell cycle. Most cells spend 90% or more of their life span in interphase. Interphase is divided into three main phases-G0, G1, S, and G2 phases. This portion of the cell cycle takes in nutrients; manufactures proteins and other substances, expands in size, and conducts special functions which depend on the cell type. The G1 phase is the first phase in the life of a newborn cell, and is known as the â€Å"gap 1† phase. The S phase is the phase that follows the G1 phase. In this phase, cells that are destined to divide, preparations for cell division begin during the S phase. The â€Å"s† in this phase stands for  "synthesis†. This phase is responsible for replication of the cell’s DNA, and this is one of the most important responsibilities performed in this phase. G2 phase occurs after the S phase but before the start of cell division. The G2 phase is known as the â€Å"gap 2† phase. The G1 phase, S phase, and G2 phase, each make up the parts of interphase. Cell division is the last stage in the life of an individual cell. As cell division begins, the cell contains twice the amount of DNA because of DNA replication in the S phase. The G0Show MoreRelatedBiology: Cell Division Cycle Essay1583 Words   |  7 Pagesparticular cell-division cycle. All organisms are constantly dividing and growing throughout their life time. The cell-division cycle in eukaryotes is a complex process that involves cyclins, cdks and multiple checkpoints that eventually lead to cell division. There are two different types of cell division which are Meiosis and Mitosis. Meiosis is the type of cel l division which involves gametes or sex cells that are involved in sexual reproduction. This type cell division produces 4 different haploidRead MoreSymptoms And Treatment Of Cancer1432 Words   |  6 Pagesof drug to treat a disease, but today, it is most used in a cancer context. These drugs can also be known as cytotoxic (i.e. cell-killing) drugs or as antineoplastic (i.e. anti-cancer) drugs. But what is this complex disease called cancer? Cancer is a multi-step process mainly characterized by uncontrolled cellular growth and proliferation. Chemotherapy is very different from other cancer treatments, such as surgery or radiotherapy. One of the main reasons for this is, although chemotherapy canRead MoreEssay on Analysis of Treatments for Cancer1411 Words   |  6 Pages      Ã‚  Ã‚   Cancer is a disease in which cells multiply out of control and gradually build a mass of tissue called a tumor. There has been a large amount of research dedicated to the treatment and cure of cancer. Several types of treatments have been developed. The following are just some of the major examples of cancer therapy: surgery, chemotherapy, radiation therapy, biologic therapy, biorhythms, unconventional treatments, and hyperthermia. Each type of treatment is discussed in detail belowRead MoreHaha631 Words   |  3 PagesChapter 12: The Cell Cycle Reading guide Overview: 1. What are the three key roles of cell division? State each role, and give an example. 2. What is meant by the cell cycle? Concept 12.1 Cell division results in genetically identical daughter cells 3. What is the meaning of genome? Compare your genome to that of a prokaryotic cell. 4. How many chromosomes are in a human somatic cell? 5. Name two types of somatic cells in your body. 6. What is a gamete? 7. Name theRead MoreTreatments and Drugs for Cancer671 Words   |  3 PagesChemotherapy is a drug, or a variety of different drugs designed to kills cancer cells that have metastasized around the body, shrink primary tumours or slow the growth of tumours (Triggle Hecht, 2010). It is a non-selective cytotoxic drug which target both malignant and normal cells (Craft, Gordon Tiziani, 2011). Radiation and surgery are also treatments, used with chemotherapy to destroy cancer cells in the body (Sugerman, 2013). Chemotherapy is done to shrink a tumour before surgically removingRead MoreCell Cycle Regulation - Genetics1387 Words   |  6 Pages1.  What are the different restriction points of the cell cycle? Describe each. G1 (Restriction) Checkpoint * End of G1, just before onset of the S phase (DNA replication) * Yeast â€Å"start†; other eukaryotes â€Å"restriction point† * The options for the cell at this point: * divide, delay division, or exit the cell cycle * Cells can exit the cell cycle at this point into an arrested stage (G0) * When this checkpoint is passed, cdk4 and cyclin DRead MoreGene And Protein As A Therapeutic Agent For Cancer1407 Words   |  6 Pagesas being a tumor suppressor (1). One of the most studied areas of cancer is how p53 functions and its role in the cell cycle which has led to studies that target p53 as a therapeutic agent for cancer (1). In the year 2001, it was found that the protein product of the gene hSIR2SIRT1, which is a homolog of S. cerevisiae Sir2 protein, deacetylates the p53 protein and allows for either cell growth arrest or apoptosis (2). Due to this finding, the Sirtuin 1 protein has been heavily studied and even beenRead MoreThe Cell Cycle Of Cancer1453 Words   |  6 Pagesor cancerous cells are found in the ovaries† (American Cancer Society). In other words, as the cells within the ovaries continue to grow abnormally, benign or malignant neoplasms will occur. Those cells will then outlive normal cells, and spread rapidly to other sections of the body due to the abnormal functioning of the cell cycle, which includes the G0 phase, G1 phase, S phase, G2 phase, and M phase. In particular, as stated before, the cell cycle consists of five different phases: G0 phaseRead MoreThe Effects Of Simulated Microgravity On Embryonic Stem Cells935 Words   |  4 PagesEmbryonic Stem Cells This article investigated various effects of Simulated Microgravity (SMG) in mouse embryonic stem cells. The study was conducted by Yulan Wang, Lili An, Yuanda Jiang and Haiying Hang. Funding was provided by grants from the Knowledge Innovation Program of Chinese Academy of Sciences. This study is a follow-up study on previous ones that have been done on adult and differentiated stem cells, but this is the first to be done on embryonic stem cells. Broadly, the two cells types in mammalsRead MoreMetabolism and Energy Essay849 Words   |  4 Pagesof all chemical reactions which occurs and are involved in sustaining life of a cell, and thus an organism. Metabolism is of the following two types: catabolism and anabolism. In catabolism, molecules break down producing energy During anabolism, synthesis of essential compounds needed by the cells are produced (such as DNA, RNA, and protein synthesis). Bioenergetics describes the metabolic pathways by which a cell obtains energy. Nutrition science studies the relation between food substance and