Friday, May 15, 2020
Tips on How to Write a College Essay About Losing a Loved One
<h1>Tips on How to Write a College Essay About Losing a Loved One</h1><p>If you are composing a school paper, how might you locate the correct words to communicate appropriately? There are bunches of assets that you can use so as to locate the ideal words for the subject. Here are a few hints to assist you with communicating your musings and thoughts in the most exact manner possible.</p><p></p><p>A huge piece of this procedure of composing an article includes finding the correct words to pass on the data and the realities in an exact way. You will discover numerous assets on the most proficient method to locate the right words for a school article about losing a friend or family member. One of the most significant methods of finding the right words to utilize is by understanding books, magazines, and different materials. Peruse as much as possible, if possible.</p><p></p><p>The words that you decide to write so as to introduce your thoughts will influence your capacity to deal with pressure. At the point when you select an inappropriate words, you will either feel entirely awkward with your composition, or be enticed to return and fix any slip-ups that you may have made. You will need to consider the significance of the words that you pick. In many cases, utilizing an inappropriate words can prompt creation a portion of the more troublesome articulations appear to be less difficult.</p><p></p><p>A great guide on the most proficient method to compose a school article about losing a friend or family member is to ask a dear companion or relative for counsel. Tune in to what they need to state. Pose inquiries. In any case, on the off chance that you don't feel that they have the appropriate responses that you need, at that point you might need to talk with a tutor.</p><p></p><p>You will find that there are various schools that can't locate the correct words to depict the issues that you are attempting to depict. Along these lines, you will need to remember that there are others who have more understanding than you. They can assist you with finding the words that are increasingly proper to impart your ideas.</p><p></p><p>How would you be able to locate the correct words for a school article about losing a friend or family member? Remember that the initial step is to get comfortable with your subject. When you have a thought of the sort of themes that you will expound on, you can take a gander at the books, magazines, and different assets accessible to assist you with this assignment. Here and there, simply perusing and tuning in to the data you have picked can make you mindful of how you can introduce your thoughts in a progressively exact manner.</p><p></p><p>In the end, how might you compose a school exposition about losing a friend or family member? By composing adequately, your c rowd will realize that you put a ton of thought into your exposition and your thoughts are true.</p>
Thursday, May 14, 2020
Major Turning Points in U.S. History (1492-1820) - 1366 Words
Major Turning Points in U.S. History (1492-1820) Throughout documented United States history, immense changes in social, political, and economic establishments have been brought about by perplexing people or conditions. Often, these changes mark a turning point in the progress of civilization as new ideas are formed, new governments raised, or new discoveries put to use in the interest of progress. Whether these pivotal moments in history may be triggered due to a single nonconforming individual or a vast, radical multitude, each turning point has explicit influences and outcomes which shaped America for years to follow. Every important decision has two key dimensions. The first is the outcome in the immediate case, and the second is asâ⬠¦show more contentâ⬠¦New ideas like those conveyed in the Declaration of Independence were finally allowed to spread and grow in the new country. The British gave America all of the land between the Atlantic Ocean and the Mississippi River, from Canada to the north and Florida to the south. If the revolution had not taken place, it is probable we would still be under British rule today. The newly formed United States of America would need to set up a new national government. The citizens of the new country did not want a government that would inflict high taxes like England did before the revolution. However the new government would be weak unless the states were willing to compromise. The Articles of Confederation specified that all thirteen states had to ratify any new constitution for it to take effect. To avoid this obstacle, the delegates included in the new Constitution a section outlining a new plan for ratification. Once nine of the thirteen states had ratified the document (at special conventions with elected representatives), the Constitution would replace the Articles in those nine states. The delegates figured correctly that the remaining states would be unable to survive on their own and would have to ratify the new document as well. Politically, the creation of a new constitution, led to the establishment of a new centralized democratic government. Socially, more individuals and groups fought to secure rights for themselves, especially women, slaves, and religiousShow MoreRelatedOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Word s à |à 656 PagesBrier, and Roy Rosenzweig Also in this series: Paula Hamilton and Linda Shopes, eds., Oral History and Public Memories Tiffany Ruby Patterson, Zora Neale Hurston and a History of Southern Life Lisa M. Fine, The Story of Reo Joe: Work, Kin, and Community in Autotown, U.S.A. Van Gosse and Richard Moser, eds., The World the Sixties Made: Politics and Culture in Recent America Joanne Meyerowitz, ed., History and September 11th John McMillian and Paul Buhle, eds., The New Left Revisited David MRead MoreInternational Management67196 Words à |à 269 Pagescountries saw their economies stagnate or decline. The global political environment remains volatile and uncertain, with ongoing conflicts in the Middle East and Africa and continuing tensions in Iran, North Korea, Iraq, and Afghanistan, especially as the U.S. role in these latter two countries evolves. On the economic front, failure to conclude important trade agreements, including the so-called ââ¬Å"Developmentâ⬠Round of multilateral trade negotiations under the World Trade Organization, and the lagging supportRead MoreInstitution as the Fundamental Cause of Long Tern Growth39832 Words à |à 160 Pagesempirical and theoretical case that differences in economic institutions are the fundamental cause of differences in economic development. We first document the empirical importance of institutions by focusing on two quasi-natural experiments in history, the division of Korea into two parts with very diffe rent economic institutions and the colonization of much of the world by European powers starting in the fifteenth century. We then develop the basic outline of a framework for thinking about whyRead MoreFundamentals of Hrm263904 Words à |à 1056 PagesAppraisal Comments 257 Enhancing Your Communication Skills 258 Paying for Performance 275 Team-Based Compensation 276 Executive Compensation Programs 277 Salaries of Top Managers 277 Supplemental Financial Compensation 277 ETHICAL ISSUES IN HRM: Are U.S. Executives Overpaid? 278 Supplemental Nonfinancial Compensation: Perquisites 279 International Compensation 279 Base Pay 279 DID YOU KNOW?: Compensation in a Global Environment 280 Differentials 280 Incentives 280 Assistance Programs 280 Summary 281
Tuesday, May 12, 2020
A Few Ways to Get Student Loan Support For Your Dissertation
<h1>A Few Ways to Get Student Loan Support For Your Dissertation</h1><p>If you need postulation help, you're in karma. There are numerous alternatives accessible for you. You may have even thought about whether you should take out understudy advances to help pay for it.</p><p></p><p>The ahead of all comers you should look is at your school's money related guide office. They can give you some good thoughts on what sort of proposition help is accessible for you. The explanation they are in that position is on the grounds that they have the most data about the procedure. They likewise know the guidelines and guidelines that apply to this kind of debt.</p><p></p><p>thesis help can be found from multiple points of view. A few schools permit you to present a proposition which can incorporate a synopsis of your examination. This will make it simpler for the school to choose the amount you will get. It merits investigating in case you can't spend beyond what you can bear the cost of on your tuition.</p><p></p><p>Another choice is to look online for theory ventures. There are destinations where you can pursue different measures of cash. A few understudies get a few hundred dollars. You can generally choose the amount you need to work with however it's acceptable to exploit a lot of cash before you're in danger of taking out understudy loans.</p><p></p><p>It's constantly a smart thought to keep a log of your activities just as your own financial plan. In case you don't know the amount you ought to spend, record a scope of expenses. At that point return and include or take away based your objectives and your own budget.</p><p></p><p>If you have a little salary, consider paying yourself first rather than the advance. For this situation, you will just owe the school something on the year's end. The sum you owe the school relies upon the s chool and the amount they will grant you. Make a point to take a gander at the terms before settling on this option.</p><p></p><p>Students that are simply beginning might need to consider utilizing their charge card. Use it to pay for your undertaking as quickly as time permits. You need to utilize this chance to perceive how you will feel after you've been endorsed for the credit. Recollect that it can take a long time to get a decent financial assessment so that might be the main alternative you have for now.</p><p></p><p>There are a couple of approaches to get proposal help. On the off chance that you decide to experience school, the school is the best alternative to utilize. Something else, consider utilizing an online assistance that can give you cash and can assist you with composing a proposal.</p>
Friday, May 8, 2020
Disability Discrimination In The Work Force
Handicap alludes to the state where an individual might be truly or even intellectually debilitated. Debilitation may restrict an individual from playing out specific assignments. Incapacity may either be in type of a fatal malady or physical like the powerlessness to utilize a few pieces of the body. Individuals with inability have for a long while been sidelined particularly in the completing of open obligations. Separation has particularly been widespread in the working territories and in work markets. There has been accept that genuinely or slow-witted people can't perform errands like different people. Another type of segregation is the racial discrimination.Person exposed to this sort are regularly thought mediocre compared to their partners. This may expose them to dismissal in work showcases paying little heed to their capabilities. Notwithstanding the numerous laws identifying with the privileges of the crippled people, business rate is still high evaluated as current assess ments have found. The issue of separation has raised concern particularly with associations which secures and battles for the handicapped human rights. It has been discovered that numerous truly tested people have the ability to perform comparative occupations with different people. They additionally contend decently in the activity areas.There is hence need to make good condition for such people. Difficulties looked by the crippled people at work puts An examination directed in March 2008 by David Grinberg on work separation indicated an expansion of 9% in a range of five years. Out of this, 14% were handicap related segregation. Employment places have been distinguished as regions where truly and slow-witted people are exceptionally separated. In the first place, to find a new line of work for these individuals takes any longer than for their partners. Bosses are typically preferential and wind up killing crippled people in any event, when they fit the bill for the jobs.This has p rompted elevated levels of joblessness for the handicapped people, (Grinberg and Nazer para. 2). Potential managers likewise site the absence of offices to oblige them. They contend that the expense of pleasing them is high which may just mean extra expense to the organizations. They are worried about the possibility that that the handicapped people may not proceed true to form which may prompt an abatement in their yield in this way benefit. Likewise most structure has not been developed in a manner to suit particularly the genuinely tested people. This represents a significant deterrent even to the potential bosses (Grinberg and Nazer para.3).In the occupations be that as it may, the circumstances are very little extraordinary for the incapacitated. They experience the ill effects of they associates at work and even at times from their managers. This is typically remarkable by the avoidance they face from the social inner circles of different workers. They are additionally looked downward on and nature is normally not all that favorable for them. They additionally will in general be isolated from the significant exercises in their work places. This has prompted high turnover for the incapacitated and far more atrocious a low confidence in their work. Advancement for the incapacitated additionally comes in tough in the activity areas.Though they perform reasonably the equivalent with their partners, or even in some cases better as research has found, their work is scarcely perceived by their bosses (Barnes, et al pp. 27). Provocation in work zones for the incapacitated is likewise high. For quite a while, the handicapped have been approached to hobos. A few representatives feel that they are helping the incapacitated and itââ¬â¢s not so much for work purposes. They along these lines wind up compromising them with excusal with others requesting for exceptional ideas from these sort of workers. Provocation has likewise been found in the territory of concedin g leaves and in termination.Most impaired people are once in a while allowed family leaves and when they do; their stipends are rejected off (Australian Public Service Commission para. 3). This has prompted a cry of equity in the ongoing past with individuals calling for sanctioning of laws to secure the handicapped. Numbness of the privileges of the debilitated has additionally prompted an expansion in provocation conduct in the activity regions. The incapacitated people are ignorant of the set principles which shield them from these practices. Different types of provocation may incorporate remark or activities planned for disparaging their subject or lead intended to scare its objective individual (Barnes, et al pp.34). Inappropriate behavior on handicapped individual at work places has likewise been accounted for. Managers exploit particularly the simple-minded people to abuse them. This has challenge has been covered by the absence of very much organized government and governmen t assistance affiliations. The bothered gatherings in this manner don't have the foggiest idea about the correct channels to use to look for help (Barnes, et al pp. 43). Most intellectually impaired individual face difficulties in the work place in light of the fact that not at all like their partners, they will in general be more slow. The associations have not set up empowering condition to oblige them.This has thusly lead to analysis and blames for apathy. Such people are debilitated as they are persuaded don't match others. Genuinely tested individual additionally think that its hard in regions where they are limited because of their inabilities (Australian Public Service Commission para. 4, 5). Most workplaces for instance have no spots for wheeling the wheel seats making it outlandish for these people. Others influenced by office courses of action are the visually impaired. Numerous associations need offices for them and in the event that they do, they are seldom refreshed. Th is makes the incapacitated to fall behind in issues of innovation and information.Most handicapped individual additionally requires alterations in their working hours. This anyway isn't given in the activity puts hence representing a significant square to this individuals. There are additionally not many occupation assortments accessible for the crippled people. This prompts high capability of them being under-used. This employments are frequently low paying and with low possibility of advancement (Australian Public Service Commission para. 8). Aside from work related regions, the impaired are preferable capable in different territories over their partners. Be that as it may, this potential is consistently not perceived as they are excluded from the associations out of office activities.Also, though the administration offers preparing to different workers, this isn't so with for the most part the intellectually and visual tested representatives. The administration locales significan t expenses for such preparing subsequently rendering these representatives useless and wasteful. For the genuinely disabled workers, no course of action is accomplished for them to go to work related workshops. This lessens their odds of advancements (Daniel pp. 4). Handicapped people likewise face issues of low regard at work places. This is on the grounds that they are persuaded that they are less invested than their counterparts.This thusly may prompt lackluster showing which eventually prompts excusals. Relational connection between the crippled and the rest is described by biases from the two sides. This prompts arrangement of unfortunate social classes accordingly strain at work places. Numerous laws have so far been passed with respect to the situation of the debilitated. The general population appear to be oblivious of them; this calls for open mindfulness and training on the most proficient method to deal with individuals with inabilities. Be that as it may, the genuinely, intellectually and outwardly tested people have a task to carry out to guarantee that these practices are discarded in working spots (Daniel pp.7).Disability ought not be motivation to cause one look down his capacities to or even permit other to do as such. They should work to guarantee that all the preferences encompassing them because of inability are disposed of (Taylor pp. 12, 13). They ought to likewise figure out how to battle for their privileges at work places. Incapacity rights ought to be very much disclosed to the businesses just as different workers to guarantee that such clash doesn't emerge in work regions. End The administration ought to guarantee that they set up organizations to investigate the predicament of the incapacitated persons.These individuals ought to likewise be orchestrated on these issues and urged to look for legitimate activities against an individual damaging their privileges. The business laws ought to likewise be updated to guarantee the right wor kplace is made and the vital changes are made to oblige the tested people. Business offices ought to likewise be set up to help interface the debilitated people with potential bosses. Directors ought to likewise be given financing and other help vital in order to decrease the expenses related with utilizing the crippled people (Taylor pp.17).Lack of appropriate and cutting-edge data to the handicapped people has additionally been noted as a significant downside at the work zones. The administration ought to guarantee that these individuals are shown important and current issues to be serious enough at their work regions. Associations should likewise set measure to guarantee that all the workers are all around spoke to in every single instructive issue. This would help raise the resolve of the impaired people and also help improve the between relations among all representatives.
Definition and Examples of Organization in Composition
Definition and Examples of Organization in Composition In compositionâ and discourse, the association is the course of action of thoughts, episodes, proof, or subtleties in a recognizable request in a paragraph,â essay, or speech.à It is otherwise called the elementsâ arrangementâ orâ dispositio,â as inâ classical rhetoric.à It was characterized byà Aristotle in Metaphysicsâ asâ the request of that which has parts, either as indicated by place orâ potentiaâ or structure. As Diana Hacker wrote in Rules for Writers, In spite of the fact that passages (and without a doubt entire expositions) might be designed in any number of ways, certain examples of association happen every now and again, either alone or in mix: models and representations, portrayal, depiction, procedure, examination and differentiation, similarity, circumstances and logical results, arrangement and division, and definition. There is nothing especially enchanted about these examples (once in a while called strategies for improvement). They basically mirror a portion of the manners by which we think.à (Diana Hacker, with Nancy I. Sommers, Thomas Robert Jehn, and Jane Rosenzweig, Rules for Writers with 2009 MLA and 2010 APA Updates, Bedford/St. Martins, 2009) Picking a Format Fundamentally, the objective is to pick a hierarchical methodâ that empowers your report, exposition, introduction, or article to plainly pass on your data and message to your crowd. Your point and message will direct that. It is safe to say that you are attempting to convince, report discoveries, depict something, thoroughly analyze two things, educate, or recount to someones story? Make sense of the postulation articulation or message you need to get over come it down in one sentence in the event that you can-andâ what you expect to do will assist you with choosing your expositions structure. In the event that youre composing instructional content, youll need to go in sequential request. In the event that youre revealing discoveries of a test or your decisions subsequent to examining a book, youll start with your proposal proclamation and afterward bolster your thoughts with proof, disclosing how you arrived at your decision. In the event that youre recounting to someones story, you may have an ordered association for a significant part of the piece, yet not really directly at the presentation. In the event that youre composing a report for a distribution, you may need to work backward pyramid style, which puts the most prompt data up top, giving individuals the essence of the story regardless of whether they read just a couple of passages. Theyll get more detail the further into the story they read. Blueprints Regardless of whether you simply sketch an unpleasant layout on scratch paper with a theme rundown and bolts, making it will help the drafting of the paper go all the more easily. Setting up an arrangement can likewise spare you time later in light of the fact that youll have the option to improve things even before you begin composing. Having a blueprint doesnt mean things wont change as you go, however simply having one can help ground you and give you a spot to begin. Dwight Macdonald wrote in The New York Times, [T]heà great fundamental rule of organization:â put everything on a similar subject in a similar spot. I recollect when a proofreader, Ralph Ingersoll I think, calmly clarified this little-known technique to me, that my first response was obviously,â my second however why didnt it ever happen to me? what's more, my third that it was one of those significant platitudes everyone knows after theyve been told. (Rreview of Luce and His Empire,â in The New York Times Book Review, 1972. Rpt. in Discriminations: Essays and Afterthoughts, 1938ââ¬1974, by Dwight Macdonald. Viking Press, 1974) Presentations and Body Text Whatever you compose, youll need a solid presentation. On the off chance that your perusers dont discover something to snare their interestâ in the principal passage, all your examination and exertion into making your report wont accomplish their objective of illuminating or convincing a group of people. After the introduction, at that point you get into the meat of your data. You wont fundamentally compose your introduction first, despite the fact that your peruser will see it first. Once in a while you have to begin in the center, just so youre not overpowered with a clear page for long. Start with the essentials, the foundation, or coming down your examination just to get moving and return to composing the introduction toward the end. Composing the foundation regularly gives you a thought of how you need to do the introduction, so you dont need to worry over it. Simply get the words going. Arranging Paragraphsà Structure Dont get too hung up on a specific equation for each section, however. Stephen Wilbers composed, Sections go from firmly organized to approximately organized. Any plan will do as long as the passage appears to hold together. Numerous sections start with a theme sentence or speculation, trailed by an explaining or constraining proclamation and at least one sentences of clarification or advancement. Some finish up with a goals explanation. Others defer the theme sentence until the end. Others have no subject sentence by any stretch of the imagination. Each section ought to be intended to accomplish its specific reason. (Keys to Great Writing, Writers Digest Books, 2000) Ends A few pieces that you compose may require a wrap-up kind of end particularly if youre out to convince or introduce discoveries where you give a snappy synopsis of the high purposes of what youve just introduced in detail. Shorter papers may not really need this sort of end, as it will feel excessively tedious or harped on to the peruser. Rather than a straight-out outline, you can come at it a piece differentlyâ and examine the criticalness of your theme, set up a continuation (talk about its potential later on), or bring back the scene from the earliest starting point with a little included curve, comprehending what you know now, with the data introduced in the article. Discourses Composing a discourse or introduction is like composing a paper, however you may require more bob back to your central matters relying upon the length of your introduction and the detail you intend to cover-to ensure that the core of your data is hardened in the crowd individuals mind. Talks and introductions likely need features in a rundown end, yet none of the redundancy need be long sufficiently only to make the message essential.
Tuesday, May 5, 2020
Blenheim Instruments Ltd and its Stakeholders
Question: Discuss about the Blenheim Instruments Ltd and its Stakeholders. Answer: Introduction: Jenny Pike, assistant account for Blenheim Instruments Ltd, along-with the accountant of the business, Russell Bayer, during the finalization process of the balance sheet for Blenheim Instruments Ltd as on 30th June 2015 came across a situation with regard to measurement and recognition of accounts receivable and its associated doubtful debts allowance for two of the largest customers of Blenheim Instruments Ltd where she observed that the two largest customers are facing financial hardship and had gone into liquidation process due to which Blenheim Instruments Ltd would not be able to recover no more than 10% of the debts owed to them. Blenheim Instruments Ltd also had in its financial books a large loan taken from ABB Bank. As per loan covenants based on loan agreement Blenheim Instruments Ltd is required to maintain its current ratio (current assets less inventories over current liabilities) of at least 1.25:1 and if Blenheim Instruments Ltd recognizes the effect of above mentioned accounts receivables of two largest customers it will not be able to meet its minimum required current ratio as per the loan covenants mentioned above. Jenny Pike decides to take up the matter with Russell Bayer but to her discomfort was informed to avoid recognizing the bad accounts receivable and leave the situation as it is till next year and by that time they will be able to estimate the impact on accounts receivable with certainty and manage to maintain its required current ratio as per loan agreement as on 30th June 2015. Who all are the stakeholders involved in the situation? Stakeholders Stakeholders are referred to those who have or may have any type of interest in an organization (company). It also includes those who are affected or may be affected by or have or may have an effect on an organization (company) (Kenny 2014). Stakeholders can be an individual, a group of individuals or an organization (bbc.co.uk). The below diagram depicts the various stakeholders a company may have: Stakeholders - Blenheim Instruments Ltd In the given case, there are number of stakeholders which can be identified in the given situation: Owners: The main stakeholders involved in the present case and situation are the owners of the Blenheim Instruments Ltd. The have a significant interest in the given situation as they will be the first victim of any loan covenants being not fulfilled by the company. Owners generally provide personal guarantees to the bank for raising any kind of loan facility to finance their business and in the event of non-fulfillment of any obligation by the company in respect of the loan; owners are the first party being affected badly. Management: Management of Blenheim Instruments Ltd, represented by Russell Bayer, is another stakeholder in the given case and situation. It is the responsibility of the management of a company to undertake day to day running operations of the company and also honor expectations and requirements of various other stakeholders like owners, employees, customers, lenders, suppliers etc. Employees: Employees of Blenheim Instruments Ltd, represented by Jenny Pike, is another stakeholder in the given case and situation. Employees forms part of one of major stakeholders of the company as they are directly impacted by any decision in favor or not in favor of the business of the company. The bread and butter for employees depends upon the successful running operations of the company and thus they are very much interested to keep the company in good health and shape. Customers: Customers are also one of the most important stakeholders a company has. In the given case customers are represented by two large accounts receivables. Customers provide the much needed sales, profits and cash to the company and the success of the company depends on how successful the company is able to manage its customers. Lenders: Lenders of Blenheim Instruments Ltd, represented by ABB Bank, is another stakeholder in the given case and situation. ABB Bank has lend loan amount to the company and have laid down certain loan covenants Blenheim Instruments Ltd need to adhere to. References Bbc.co.uk, Stakeholders, viewed on 01 September 2016, retrieved from https://www.bbc.co.uk/schools/gcsebitesize/business/environment/stakeholders1.shtml. ctb.ku.edu, Identifying and Analyzing Stakeholders and Their Interests, viewed on 01 September 2016, retrieved from https://ctb.ku.edu/en/table-of-contents/participation/encouraging-involvement/identify-stakeholders/main. Kenny, G. (2014), Five Questions to Identify Key Stakeholders, Harvard Business Review, viewed on 01 September 2016, retrieved from https://hbr.org/2014/03/five-questions-to-identify-key-stakeholders.
Activity Based Costing of ABC
Questions: A computer manufacturer produces three types of devices: mobile phones, tablets, and computers. For the production of these three devices you have the following information: Phone Tablet Computer Material cost per unit 90 140 315 Direct labor hours per unit 2 2.5 4 Budgeted units 1,500,000 900,000 1,200,000 Labor cost per hour 8 Overhead costs per annum Utilities 20,000,000 Rent 15,000,000 Audit and legal 5,000,000 Administrative staff 40,000,000 Total 80,000,000 ABC analysis suggested that overhead costs are distributed to the three products according to the table below: Overheads Phone Tablet Computer Utilities 8,000,000 5,000,000 7,000,000 Rent 8,250,000 2,250,000 4,500,000 Audit and legal 2,900,000 1,250,000 850,000 Administrative staff 23,200,000 6,000,000 10,800,000 For each of the three products, the company aims at a different percentage for profit. Under the full absorption costing method and the targeted profit percentage, the prices of the three products should be: Phone Tablet Computer Full costing price 170.69 233.87 435.67 1. Calculate the aimed profit percentages for the three products and under the full absorption costing method, with overhead costs absorbed on the basis of direct labour hours. 2. Use the profit percentages that you derived in (1) and calculate the prices of the three products under the ABC system. 3. Recommend a cost system and include any changes that you would suggest to the pricing strategy of the computer company. Answers: 1.The following is the required solution: Budgeted units 1500000 900000 1200000 (Amounts in ) Particulars Phone Tablet Computer Direct material 1350,00,000.00 1260,00,000.00 3780,00,000.00 Direct labour 240,00,000.00 180,00,000.00 384,00,000.00 Overheads 238,80,597.01 179,10,447.76 382,08,955.22 800,00,000.00 in 30,00,000.00 22,50,000.00 48,00,000.00 100,50,000.00 Total cost 1828,80,597.01 1619,10,447.76 4546,08,955.22 divided by the number of budgeted units 15,00,000.00 9,00,000.00 12,00,000.00 Cost per unit 121.92 179.90 378.84 Price per unit 170.69 233.87 435.67 Profit 48.77 53.97 56.83 Profit in % 0.29 0.23 0.13 2.The following is the required solution: (Amounts in ) Budgeted units 15,00,000.00 9,00,000.00 12,00,000.00 Particulars Phone Tablet Computer Direct material 1350,00,000.00 1260,00,000.00 3780,00,000.00 Direct labour 240,00,000.00 180,00,000.00 384,00,000.00 Utilities 80,00,000.00 50,00,000.00 70,00,000.00 Rent 82,50,000.00 22,50,000.00 45,00,000.00 Audit and legal 29,00,000.00 12,50,000.00 8,50,000.00 Administrative staff 232,00,000.00 60,00,000.00 108,00,000.00 Total cost 2013,50,000.00 1585,00,000.00 4395,50,000.00 divided by the number of budgeted units 15,00,000.00 9,00,000.00 12,00,000.00 Cost per unit 134.23 176.11 366.29 Profit % 0.29 0.23 0.13 Price per unit 172.59 216.75 414.07 3.Activity based costing method is the method in which the cost to the various activities are allocated on the basis of the activity drivers in each of the product. This is the most logical method of allocating the cost since this is the way in which the cost will be allocated on the basis of the amount of the activities that are used in the business. (Accounting coach, 2015) The companies must go for the costing method that requires them to implement the ABC in the 5 step product costing sequence. In this, the direct costs that are associated with the cost of the object are identified. For a given object of the cost, the company attempts to identify all the costs that are currently being treated as the overhead cost and is capable of being traced directly to the product. The costs must be removed from the pool of the overheads and directly be traced to the product. This way the costs are started to be assigned to the individual products and jobs. (Classes.bus.oregonstate.edu, 2015) The following are the main advantages of the ABC due to which the company must go for it: The method takes into account the individual activities that are based upon the use of the resources The method enables the accurate costing of all the activities that are obtained throughout the organization With the help of this method, it is easier to identify the low and the high costs and the causes of the each. It serves as a valuable tool for both the business and for the improvement of the processes It helps in the planning of the future. (Managers-net.com, 2014) The second method of costing strategy seems logical since, the prices have been determine keeping in mind the ABC costing method. References: Managers-net.com, (2014). Activity Based Costing (ABC). Retrieved 19 October 2014, from https://www.managers-net.com/activityBC.html AccountingCoach.com, (2015). Activity Based Costing | Explanation | Accounting Coach. Retrieved 31 January 2015, from https://www.accountingcoach.com/activity-based-costing/explanation Classes.bus.oregonstate.edu, (2015). CHAPTER 11: ACTIVITY-BASED COSTING. Retrieved 31 January 2015, from https://classes.bus.oregonstate.edu/spring-07/ba422/Management%20Accounting%20Chapter%2011.htm
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