Business
In the Business section, you can find material dedicated to all things business. This section collects data on the activities of the various companies operating in markets all over the world.
17,334 Essays on Business. Documents 3,511 - 3,540
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Cost Alocation
1. Introduction 2 2. Purpose of cost allocation 2 To predict the economic effects of 2 Strategic and operational control decisions 2 To obtain the desired motivation and to provide 2 Feedback for performance evaluation 2 To compute income and asset valuations 2 To justify costs or obtain reimbursements 2 3. Types of costs 3 4. Allocation of Service Department costs 3 5. Allocating costs to final product 4 The Traditional Approach 4 ABC Costing
Rating:Essay Length: 502 Words / 3 PagesSubmitted: February 11, 2010 -
Cost and Management Accounting Analysis of Furniture Industry
Cost and Management Accounting Analysis of Furniture Industry A Project Report Submitted in partial fulfillment of the requirements for the award of the Degree of Master of Business Administration Vinod Gupta School of Management, IIT Kharagpur By Gaurav Singla - 15BM60065 Industry Visited: Steel Raj Furniture shop Address: Kharagpur, West Bengal Indian Furniture Industry The furniture industry in India is considered as an "unorganized" sector, with hand craft production accounts for about 85% of the
Rating:Essay Length: 1,201 Words / 5 PagesSubmitted: November 2, 2015 -
Cost Benefit Analysis
Cost Benefit Analysis When dealing with customers and the cost of what it takes to upgrade a system, it is rather difficult to hit it on the nose. For instance, XY&Z is planning on upgrading their fiber optic network in the Los Angeles area in order to combat market share loss to the cable company. XY&Z has pledged to spend $1 billion dollars in order to do so. (AT&T, 2007) The current cost of pulling
Rating:Essay Length: 493 Words / 2 PagesSubmitted: November 25, 2009 -
Cost Classification
Cost Classification Introduction: In this assignment I will be discussing how costs incurred in any organization may be classified in a number of different ways for a number of different purposes. I will also be looking to find companies that use a variety of different costing techniques and methods. I will also be discussing the comparisons between marginal and absorption costing and how the concept of activity based costing can also be compared with these.
Rating:Essay Length: 2,231 Words / 9 PagesSubmitted: January 7, 2010 -
Cost Containment
Introduction My team members and I have been asked to consider the cost containment notion in regards to financing healthcare. After our research we were able to explain how three different groups have addressed cost control issues. The groups we researched were 1) The United States Government, 2) The Commercial Insurance Industry and 3) Healthcare Providers. After reviewing our research we were able to collaborate and explain what we believe will be the long-term impact
Rating:Essay Length: 1,186 Words / 5 PagesSubmitted: February 11, 2010 -
Cost Describtors
Running Header: Cost Descriptors Paper Cost Descriptors MBA 503 / Introduction to Finance and Accounting Oct. 15, 2007 In the following paper the following accounting cost descriptors will be explained. They are fixed cost, variable cost, direct cost, indirect cost, sunk cost, and other cost that are associated with the listed cost. Fixed costs are those cost that remain on the balance sheet or income statement because they are constant. For example: rent, property taxes,
Rating:Essay Length: 438 Words / 2 PagesSubmitted: April 25, 2010 -
Cost Descriptor Memo
Memo To: HR Managers From: CC: Date: Re: Cost Descriptors It has been brought to my attention that since we last meet several of you are unclear with the “Cost Descriptor” terms I used in our last meeting. It was not my intent to confuse anyone therefore, I am writing to go over the seven terms I used. They were fixed, variable, direct, indirect, sunk, actual costs and Opportunity Costs. In this memo, I will
Rating:Essay Length: 823 Words / 4 PagesSubmitted: March 15, 2010 -
Cost Descriptors
Cost Descriptors The successful recognition of a company is not only its innovation, continuing technology development, increase of market share and globalization but also by managing and controlling its products’ costs completely in order to gain more profitability. Cost is one of the main important factors to contribute to the company’s viability and growth. The term “cost” is in very broad meaning that refers to all purchases made by a business whether in cash or
Rating:Essay Length: 1,372 Words / 6 PagesSubmitted: December 11, 2009 -
Cost Descriptors
Cost Descriptors Paper Cost Descriptions Paper In planning the organization’s yearly budget, all levels of management should fully understand the key accounting terms. Cost accounting outlines to the determination of a product, process or service costs. A subset of managerial accounting, cost accounting relates primarily to the accumulation and determination of product, processes and service costs for the primary purpose of income measurement and inventory valuation in accordance with generally accepted accounting principles (Marshall,
Rating:Essay Length: 756 Words / 4 PagesSubmitted: December 13, 2009 -
Cost Descriptors
Abstract As a Human Resource manager for a manufacturing company, it is their job to understand the current budget and how cost affects this budget. Cost can be defined as an amount paid or required in payment for a purchase. Cost can be classified in many ways: fixed, variable, direct, indirect and sunk just to name a few. Fixed costs were mostly associated with administrative cost. Fixed costs include items like rent, utilities and insurance.
Rating:Essay Length: 871 Words / 4 PagesSubmitted: February 9, 2010 -
Cost Descriptors Memo
Running Head: Cost Descriptors Memo Cost Descriptors Memo Memo To: Human Resource Manager From: Date: 5/11/2008 Re: Understanding descriptors cost in the current budget discussion The Human Resources Department has been struggling to understand current budget discussions and how the cost affects the budget. When engaging in a budget discussion it is very important to be able to understand the various terms that are used. The cost can be defined as an amount paid or
Rating:Essay Length: 471 Words / 2 PagesSubmitted: April 25, 2010 -
Cost Descriptors Paper
Introduction It is imperative for the Human Resource Manager of any firm to have an understanding of the company budget and how it is affected by certain costs. It has been brought to my attention that the HR manager of my company lack knowledge in that area, particularly concerning the meaning of certain cost descriptors. The terms, which will be included in this report, include fixed, variable, direct, indirect, sunk, marginal and total costs. This
Rating:Essay Length: 837 Words / 4 PagesSubmitted: April 1, 2010 -
Cost Discriptors
Introduction Costs are expenditures for raw materials, worker’s wages, manufacturing over head and so forth. Costs are what you spend when you buy or make products for inventory. Reviewing cost behavior reveals to management how a cost will react or respond to changes in the level of business activity. As the activity rises and falls, a particular cost may rise and fall as well (Garrison & Noreen, 2000). Managers often need to be able to
Rating:Essay Length: 330 Words / 2 PagesSubmitted: March 1, 2010 -
Cost Discriptors Paper
Running head: Cost Descriptors Paper Cost Descriptors Paper University of Phoenix Executive Summary The Human Resources Department has been struggling to understand current budget discussions the following are some various terms used to describe costs (fixed, variable, direct, indirect, sunk, etc.), including examples of each. Fixed costs are the costs that do not vary with the number of goods produced. Variable costs are expenses that change in direct proportion to the activity of a business.
Rating:Essay Length: 875 Words / 4 PagesSubmitted: April 11, 2010 -
Cost Estimating
Project managers must take cost estimates seriously if they want to complete software projects within budget constraints. After developing a good resource requirements list, project managers and their software development teams must develop several estimates of the costs for these resources. There are several different tools and techniques available for accomplishing good cost estimation. Software development project managers should prepare several types of cost estimates for most projects. Three basic types of estimates include a
Rating:Essay Length: 1,492 Words / 6 PagesSubmitted: December 24, 2009 -
Cost Leadership and Differentiation Strategy
Cost leadership and differentiation strategy Wal-Mart Wal-Mart's founder, Sam Walton, developed the everyday low prices (EDLP) strategy. This strategy hinged upon Wal-Mart's ability to obtain consumer goods at the cheapest possible price and pass these savings on to consumers. In order to achieve EDLP, Wal-Mart began developing close relationships with its suppliers and vendors. These relationships allowed Wal-Mart to achieve cost savings through large volume purchases. EDLP also helped Wal-Mart drive up the total dollar
Rating:Essay Length: 413 Words / 2 PagesSubmitted: May 5, 2011 -
Cost Leadership and Product Differentiation
Competitive Advantage - Definition A competitive advantage is an advantage over competitors gained by offering consumers greater value, either by means of lower prices or by providing greater benefits and service that justifies higher prices. Competitive Strategies Following on from his work analysing the competitive forces in an industry, Michael Porter suggested four "generic" business strategies that could be adopted in order to gain competitive advantage. The four strategies relate to the extent to which
Rating:Essay Length: 529 Words / 3 PagesSubmitted: April 23, 2010 -
Cost Management
We have one company that operates two businesses. They both manufacture and sell their product. One specializes in unicycles and the other bicycles. Total sales of both businesses are $170 million, $150 million for the unicycle and $20 million for the bicycle. They share a warehouse of 100,000 square feet, 25,000 square feet for the bicycle and the remaining for the unicycle. Total costs were split 50-50. The total warehouse cost is $3 million and
Rating:Essay Length: 774 Words / 4 PagesSubmitted: November 19, 2009 -
Cost Management
Introduction The chief Administrator of an Uptown Clinic, Dr. Stephanie White, is concerned about the dilemma of coping with reduced budgets next year and into the foreseeable future. This clinic is a community mental health agency but she wants to increase demand for services along with the budget cuts. In order to plan this change she must first identify where costs can be cut or reduced but by still keeping the agency functioning. With the
Rating:Essay Length: 515 Words / 3 PagesSubmitted: December 2, 2009 -
Cost Management
Program Area Costs Program Area Revised Costs Administration Administration Salaries Salaries Administrator 60,000 Administrator 60,000 Assistant 35,000 Assistant (cut) 0 Two Secretaries 42,000 Two Secretaries (cut 1 Secretary) 21,000 Supplies 35,000 Supplies 35,000 Advertising and Promotion 9,000 Advertising and Promotion (cut) 0 Professional Meetings/Dues 14,000 Professional Meetings/Dues (cut) 0 Purchased Services Purchased Services Accounting and billing 15,000 Accounting and Billing 15,000 Custodial 13,000 Custodial 13,000 Security 12,000 Security 12,000 Consulting 10,000 Consulting (cut) 0 Community
Rating:Essay Length: 1,183 Words / 5 PagesSubmitted: March 13, 2010 -
Cost Management
OPERATIONS Unicycles Bicycles Total sales $150M $150M Occupies 75,000 sq. ft. 25,000 sq. ft. Advertising $2.5M $2.5M Total expenses $1.5M $1.5M Based on the traditional method, advertising and total expenses are divided equally between the two businesses. With 75% of the warehouse space, the unicycle business makes 88% of the total sales for the company. With 25% of the warehouse space, the bicycle business makes 12% of the total sales for the company. In order
Rating:Essay Length: 375 Words / 2 PagesSubmitted: April 15, 2010 -
Cost Management
I added all of the amounts for a total of $457,000 Costs Maximum $60,000 $12,000 Divide by 5 Maximum $35,000 $7,000 5 Maximum $42,000 $8,400 5 Maximum $35,000 $7,000 5 Minimal $9,000 $1,180 5 Minimal $14,000 $2,800 5 Minimal $15,000 $3,000 5 Minimal $13,000 $2,600 5 Minimal $12,000 $2,400 5 Minimal $10,000 $5,000 2 Maximum $46,000 $9,200 5 Minimal $10,000 $4.600 2.17 Maximum $86,000 $17,200 5 Maximum $70,000 $14,000 5 Total $457,000.00 $94,000.00 Range of
Rating:Essay Length: 487 Words / 2 PagesSubmitted: May 5, 2010 -
Cost of Capital
The cost of capital is a term used in the field of financial investment to refer to the cost of a company's funds (both debt and equity), or, from an investor's point of view "the shareholder's required return on a portfolio of all the company's existing securities". It is used to evaluate new projects of a company as it is the minimum return that investors expect for providing capital to the company, thus setting a
Rating:Essay Length: 429 Words / 2 PagesSubmitted: April 24, 2011 -
Cost of Carbon
To: Office of Management and Budget of the United States Date: 10/7/14 Subject: Discounting Cash Flows in the Long Run: Social Cost of Carbon It is important to investigate the policies regarding greenhouse gas emission that the government implements. Paramount to these policy decisions is the costs associated with damage done by greenhouse gasses. This cost measurement is hard to calculate because it is hard to accurately quantify climate change and the way people value
Rating:Essay Length: 686 Words / 3 PagesSubmitted: March 31, 2015 -
Cost of Diversification
* Costs of diversification, can you be too diversified. What are the risks of being too diversified Risks and costs to diversification, which need to be balanced with the potential benefits: * Not reducing the risk * Adding assets which are exposed to the same risks, with very similar outcomes from those risks, does not reduce the risk exposure of your portfolio * You think you are diversified, when you are not. In some cases
Rating:Essay Length: 445 Words / 2 PagesSubmitted: October 28, 2016 -
Cost of Employee Turnover
Cost Of Employee Turnover This article provides estimates of turnover costs for various groups of employees, and details the various factors that influence the total turnover figure. Employee turnover is far more expensive than most people realise. In the worst case scenarios the loss of a single individual can put at risk a major project, with implications for the long term viability of the company. Many firms are underestimating the total cost of employee turnover
Rating:Essay Length: 887 Words / 4 PagesSubmitted: May 8, 2010 -
Cost of Goods Sold
A figure of cost of goods sold reflecting the cost of the product or good that a company sells to generate revenue, appearing on the income statement, as an expense. Also, referred to as “cost of sales”. It is essentially a cost of doing business, such as the amount paid to purchase raw materials in order to manufacture them into finished goods. For example, if a $10 widget costs $6 to make, then the cost
Rating:Essay Length: 318 Words / 2 PagesSubmitted: April 17, 2010 -
Cost of Production Theory of Value
Cost-of-production theory of value In economics, the cost-of-production theory of value is the theory that the price of an object or condition is determined by the sum of the cost of the resources that went into making it. The cost can compose any of the factors of production (including labor, capital, or land) and taxation. The theory makes the most sense under assumptions of constant returns to scale and the existence of just one non-produced
Rating:Essay Length: 900 Words / 4 PagesSubmitted: May 16, 2011 -
Cost-Benefit Analysis of Infrastructure Projects in an Enlarged European Union: an Incentive-Oriented Approach
Cost-benefit analysis of infrastructure projects in an enlarged European Union: an incentive-oriented approach. May 2003 Draft-comments are welcome Keywords: Cost-benefit analysis, Project Evaluation, Structural Funds, European Regional Policy JEL Numbers: D61, H43, R58 ABSTRACT The purpose of the paper is to analyse some results of cost-benefit analysis in a sample of ISPA (Structural Instrument for pre-accession countries) projects. The focus is particularly on the variability of financial and economic rates of return and how to
Rating:Essay Length: 8,146 Words / 33 PagesSubmitted: January 13, 2010 -
Cost/benefit Analsis of Ford Pinto
Ethical dimensions of „cost/benefit” analysis. Evaluate from a moral perspective the “cost/benefit” analysis conducted by Ford. One may ask what do we need ethics in business for? To answer this question, we need to know what ethics is, as well as, what impact it has on businesses, people and relations. Ethics is often defined as a set of rules, principles governing a group or a person; determining his/her behavior. It imposes a social responsibility on
Rating:Essay Length: 285 Words / 2 PagesSubmitted: December 7, 2009