(assembly support). Direct labor-hours is the allocation base for assembly support costs. In December 2013, Anderson budgets 2014 assembly-support costs to be $8,000,000 and 2014 direct labor- hours to be 160,000. At the end of 2014, Anderson is comparing the costs of several jobs that were started and completed in 2014. Laguna Model Mission Model Construction period Direct material costs Feb–June 2014 $106,650 May–Oct 2014 $127,970 Direct labor costs $ 36,276 $ 41,750 Direct labor-hours
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Employed. a) The most commonly used profitability ratio is the Profit Margin ratio, which is also known as the Return on Sales ratio or Gross Profit ratio. It is used to determine the amount of net income gained with each ringgit of sales generated by comparing the net income over the net sales of a business. In other words, the Profit Margin ratio shows how many percentages of sales are left after the expenses and other costs are paid by a business. Investors will use this ratio to find out if profits
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Education lessons I have studied many different religons and managed to broaden my knowledge on different practices and life styles of people all over the world. Now my school term is ending I have been given the task to choose from different topics, I decided to choose the task of taking 3 religions and comparing their beliefes. I have chosen the religions Judaism, Islam and Rastafarianism. I am going to begin with Judaism- Judaism - Jews believe that actions are very important no matter how much
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Introduction: The aim of this report is to conduct an analysis of the financial statements of J. Sainsbury plc and Tesco plc for the year ending 2013, comparing both companies by looking at the ratios calculated and looking at the importance of supplementing financial analysis with non-financial considerations. Tesco is Britain’s leading food retailer and the third largest in the world. Tesco opened in 1929. After joining the eighties trend for large out-of-town supermarkets, in the 1990’s the
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analysis techniques or vertical and horizontal analysis can be used to evaluate trends in accounts from the financial statements. Common-size analysis can also help give a true comparison when evaluating companies of different sizes. (Gibson, 2012) Comparing calculated ratios to competitors or industry standards can be used as benchmarks and can add meaning to the analysis. Financial statements are analyzed by banks, managers/owners, controllers, CPA’s, CFA’s, and investors. Since I would like to become
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as he holds the power to wed her to a worthy suitor. Another example that demonstrates the control of the patriarchal society over Penelope is when the suitors found out her scheme to stall them and they force her to finish the shroud immediately, ending her plan of further stalling her suitors from marrying her. Furthermore, Penelope is influenced by the divine patriarchy of the gods because Poseidon and Zeus bar Odysseus from returning home and as a result, prolong their separation and deepen the
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The Wednesday Wars is a humorous but affecting story of the psychological and ethical growth of a boy named Holling Hoodhood. Holling, a caring but naively self-centered seventh-grader, is convinced that his new instructor, Mrs. Baker, hates him. On Wednesdays, when the other children in the class leave to attend their religious education, Holling is left alone with Mrs. Baker. These days result in the “Wednesday wars,” in which Holling does an assortment of odd jobs but then graduates to reading
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Inventory method is an inventory valuation that is used to create an estimate of the company’s ending inventory needed for the income tax statement. It uses the information from the net sales, beginning inventory and the total purchases. Lower of cost or market (LCM) method uses the market value price which is lower than the actual cost of the item. This is done by choosing the lowest value when comparing the unit cost and market price of an item. Net realizable value method subtracts the separable
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production might be halted if there is no available inventory. Another concern is that utilities under selling, general and administrative budget shows that the amount of budget allocated for utilities is 150,000. This is not ideal because when comparing the horizontal analysis comparative income statement, utilities for 2006 was 130,000, in 2007 it is 135,000 and for 2008 it is 150,000. That means there has to be inflation added. My projected amount would be around 160,000. This follows the trend
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when they will get to the end. The ending line says “And so live ever—or else swoon to death” (14). Keats has given himself
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