Direct costs are those that can be "attributed to the production of specific goods or services" (Investopedia, 2013). They can be labor, materials or other expenses. In contrast, indirect costs are those that cannot be directly attributed -- at least Continue Reading...
Direct cost is a cost that is involved specifically and directly in the production of a good or service (No author, 2013). For example, in the production of a hamburger direct costs would be the ingredients. If the person cooking the burger only cook Continue Reading...
Business 315 and Analyzing Direct Costs Analyzing Costs It is crucial for an organization to properly calculate semi-variable costs in order to allocate indirect and direct costs. These costs govern over direct materials, which are "materials that Continue Reading...
The raw materials needed as ingredients for detergents require extraction from natural resources, and extraction costs increase as the amounts needed rise. This means that it costs more to use more materials and thus produce more detergent, making m Continue Reading...
Direct Selling A lot of companies are resorting to marketing one-to-one or concentrating on a narrow niche. For this reason, the respective corporations find it preferable to make use of direct communication with their clients who are typically a sm Continue Reading...
An inmate-to-staff ratio in direct-supervision pods of up to 50-to-1 (84). Different communities and states have elected different facilities to provide direct supervision of prisoners as well. For example, direct-supervision dormitories have been Continue Reading...
Costing Financial Accounting-Variable Costing How is managerial accounting different from financial accounting? Managerial Accounting refers to the processes in application by the company or business organization to identify, measure, analyze, in Continue Reading...
Managerial Accounting for Sleepease Ltd. "Identify, discuss and critically evaluate the advantages and problems of using the following costing methods for internal reporting purposes": absorption costing; marginal costing. "Refer to Continue Reading...
Even the lowest-level managers and employees are empowered to make decisions and have that valued democratic voice. ADVANTAGES: An advantage of this form of measurement is that it tends to be more encompassing, since it accounts for all uses of ca Continue Reading...
Dierct Air - Management & Marketing Mistakes The following case study employs the array of industry metrics discussed above to determine major factors that contributed to Direct Airways filing for Chapter 11 bankruptcy during the time period fro Continue Reading...
Themido, I., A. Arantes, C. Fernandes & A.P. Guedes. (2000). Logistic costs case study: An ABC approach. The Journal of the Operational Research Society, 51 (10): 1148-1157 Stable URL: http://www.jstor.org/stable/253927 The use of Activity-Ba Continue Reading...
Introduction The delivery health care system takes into account the assimilation of physicians, healthcare facilities, together with other medical services with plan to facilitate the provision of the total continuum of medical care for its consumers Continue Reading...
costing system for use within the Company. Costing systems serve a valuable role in monitoring the health of a company. They are designed to keep a focused eye on expenditures. When the data that is collected and generated by the costing system is Continue Reading...
SunPower: Simulation ExerciseBackgroundSunPower, a young innovative company, with new proprietary technology. I will be seeking to maximize the cumulative profit of SunPower over an eighteen year period. The strategies selected will be founded on not Continue Reading...
10 4 Collaboration on Cost-effectiveness Analysis This evidence-based project has addressed the use of bilingual interpreters in enhancing patient-provider communication during provider visits in comparison to using family members as interpreters. Continue Reading...
Distribution Strategy and Strategic AlliancesIntroductionPerrys Ice Cream may collaborate with a competing national brand, but there are considerations that have to be made. This paper looks at those issues. They include sales channel, the pros and c Continue Reading...
Public Transport Subsidies Public transportation represents an example of a social policy that has some economic implications as well. A typical public transportation system will carry with it varying degrees of self-sufficiency. In some cities, far Continue Reading...
Cost analysis of Search & Rescue Dogs Costs and benefits of using search and rescue dogs Search and rescue dogs "are the hard-working heroes of disaster relief, but it's all a game to these talented canines. Finding a victim brings a reward -- Continue Reading...
Joint costing systems should bear in mind the legal constraints on the use of such systems, and should provide accurate information to managers in order to be most useful in the managerial accounting context. Firms need to remain competitive, which Continue Reading...
In general it has been found that, "It allocates responsibility with the success of unit operations among staff and inmate commensurate with rank" (Schriro). Other positive aspects of the direct supervision system are that it has also been found to Continue Reading...
Direct Marketing: JIFFY LUBE Jiffy Lube, one of the nations leading competitors in automotive preventive services, has been in business to promote the maintenance and value of automotive vehicles for several years. The company offers maintenance ser Continue Reading...
Direct to Consumer Advertising HISTORY OF DRUG ADVERTISING THE DTC ADVERTISING PHENOMENON CREATING DEMAND DECEPTIVE ADVERTISING - A WOLF IN SHEEP'S CLOTHING CAUSE OF DEATH PROFIT UTILIZATION, PRICING, AND DEMOGRAPHICS LEGISLATION, POLITICS AN Continue Reading...
Dibsa should turn towards the market-based pricing strategy, which sees the implementation of competitive prices for the 3-in-1 Lawnmower. The selection of this combination of strategies would generate several impacts upon the company, but most of t Continue Reading...
DIRECT INSTRUCTION refers to the model of instruction developed by Engelmann in 1960s whereby he focused on a specific design of teaching and learning to prove that every child learns when instruction method is appropriate. In other words, "The Direc Continue Reading...
Direct Compensation and Fringe Benefits Fringe benefits refer to those elements of the total compensation package which are apart from the monetary payment made to an employee by the employer (Schuler and Jackson, 1996). These can include "employer' Continue Reading...
Direct IMPACT that Catholic Voices had on the media contributing to the perceived success of the Pope's visit in 2010 amidst the volatile negative climate surrounding the Catholic Church in that year Even if people are interested in knowing about va Continue Reading...
Another example of pure job costing is web development, where the processes themselves vary hugely from project to project, meaning the cost and time involved also varies. Response Dosch & Wilson (2010) do seem to do a good job of defining job Continue Reading...
" (Thomas, Hutcheson, Porterfield, and Pierannunzi, 1994) Summary and Conclusion It is clear that employee turnover is very costly to organizations and as noted in the introduction of this study employee turnover rates are as high as 23.4% in some Continue Reading...
"Forecasts by Moody's Economy.com now use a 20 percent drop in median existing-home prices from their 2005 peak as a baseline, with prices weakening through at least mid-2009" (Shinkle, 2008, p. 44). Moody's director of housing economics Celia Chen Continue Reading...
AT&T Cost and Price Cost and Price Analysis -- AT&T Company Overview The AT&T Government Solutions business is currently headquartered in Oakton, VA and is composed of over four thousand scientists, engineers, and analysts; many of whi Continue Reading...
S. billion in 1998. Reported as the dominant source of inward FDI in China is that of Hong Kong, followed by Japan, the U.S. And Taiwan. Summary and Conclusion This study set out to examine Foreign Direct Investment in China by the multinational en Continue Reading...
direct marketing help companies deliver their objectives? The principles of direct marketing help companies deliver their objectives Times are changing, the economies, laws and rules are also changing, however, the principles of marketing remain t Continue Reading...
Downsizing/Fixed Costs There are a number of industries that have downsized their fixed costs. Most manufacturing industries, for example, have downsized fixed costs by offshoring work, reducing the size of their workforce or by making adjustments t Continue Reading...
Accounting a) i) Using direct labour hours as the cost driver for the overhead costs, the following table presents the net profit calculation for each line of motorcycle: Vroom plc Total Profit Driver: Direct labour Sunshine Roadster Fireball Continue Reading...
Revenue How a firm plans to earn a profit is one of the most important considerations in the business plan. Profit is defined as total revenue less total expenses (Investopedia, 2013) and there are basically three levels of profit. The first level i Continue Reading...
GD Contract Federal contacts play a very large and important role in the economic sectors of our society. Knowledge about these contracts can assist students in learning about the processes that occupy most of the nation's economic resources. Milita Continue Reading...
Dell Computers Incorporated is a global technological corporation that develops, manufactures, sells, and supports personal computers and computer and electronic-based devices. Dell was indeed the first company in the IT sector to ordain that no comp Continue Reading...
Many managers who already are involved with competition in time-based industries realize that manufacturing strategy is often influenced by the traditional cost management system and this proves to be a mistake as time management system might have w Continue Reading...
Specialized labor is needed to produce a specialized product for the military. As such the cost of attracting and utilizing such talent can be very expensive to IBM. IBM's indirect costs would consist of three aspects pertaining mainly to time, fra Continue Reading...
