Functions, scope, and limitations of management accounting, as well as cost accounting, break-even analysis, marginal costing, activity-based costing, budgeting, standard costing, responsibility centers, and current issues in management accounting.

21 views • 22 slides

Presented by Bram Lerat, Khrystyna Orobets, and Ronda Ziakris for the Assembly of First Nations, this presentation discusses tools available for First Nations education costing studies, including inclusive education and transportation cost models. The session covers key elements of cost studies and

1 views • 26 slides

Costing out approaches and studies have been developed to ensure schools and districts have adequate resources to meet state education standards. Implementing these approaches involves professional judgment, evidence-based benchmarks, and data requirements. Using multiple approaches allows for trian

0 views • 12 slides

Lifecycle costing involves tracking cost records of assets throughout their entire lives, optimizing asset usage at minimal cost. Product lifecycle costing accumulates a product's costs from inception to disposal, with stages like Introduction, Growth, Maturity, and Decline. It helps assess profitab

4 views • 19 slides

In the field of estimation and costing, four main methods of specifying are used: Descriptive, Performance, Reference Standard, and Proprietary. Descriptive specifications provide detailed descriptions without using proprietary names, allowing for tight control over specified work. Performance speci

1 views • 9 slides

Operating costing is a method utilized by service-oriented businesses to ascertain the costs of providing services. Industries such as transportation services, welfare services, utility suppliers, and municipal services find operating costing beneficial. The method involves classifying costs into th

0 views • 6 slides

Explore various aspects of batch job management, including setting up batch jobs, running advisories, logging job activities, document setup, report creation, and troubleshooting common issues like printed letters and term updates.

0 views • 17 slides

Operating costing involves ascertaining costs for providing standardized services, aiding in efficiency, cost control, pricing decisions, and equipment maintenance. The objectives, unit of cost, and cost classifications are crucial components of this costing method.

1 views • 5 slides

Process costing is a widely used method in mass production industries like steel and chemicals. It involves accumulating costs process-wise for standardized products resulting from sequential operations. Essential characteristics include continuous production, standardized products, and handling nor

1 views • 18 slides

Project cost estimation involves valuing all monetary aspects necessary for planning, implementing, and monitoring a project. This includes various entrants such as preliminary investigation costs, design fees, construction expenses, and more. The purpose of cost estimation is to determine work volu

1 views • 44 slides

Detailed documentation is crucial in the pharmaceutical industry to ensure the quality and consistency of each batch of products. Batch records, consisting of batch processing and packaging records, contain vital information such as product details, processing stages, personnel responsibilities, equ

0 views • 45 slides

Absorption costing is a method that includes direct costs and a fair share of production overhead costs in the cost of a product. Overhead absorption rate (OAR) is calculated using budgeted figures and can lead to over/under-absorption. Over-absorption occurs when absorbed overhead is more than actu

1 views • 23 slides

Batch reinforcement learning decouples data collection and optimization, making it data-efficient and stable. It is contrasted with online reinforcement learning, highlighting the benefits of using a fixed set of experience to optimize policies. Applications of batch RL include medical treatment opt

2 views • 47 slides

Explore the concept of fed-batch fermentation, a key technique in biotechnological processes. This method involves adding nutrients in controlled doses based on specific criteria to optimize cell growth and minimize undesirable metabolic pathways. Fed-batch systems allow for high cell densities and

0 views • 24 slides

Activity-Based Costing (ABC) is a strategic costing method that allocates overhead costs to products based on activities. It offers benefits such as accurate cost allocation and identifying cost drivers but also has challenges due to increased complexity and customization. ABC differs from tradition

1 views • 15 slides

Absorption costing, also known as full costing, encompasses all costs including fixed and variable related to production. It aids in determining income by considering direct costs and fixed factory overheads. Meanwhile, marginal costing focuses on only variable manufacturing costs and treats fixed f

0 views • 14 slides

Unit costing is a method based on production units and is used in industries with continuous and uniform production of a single product or similar grades. The cost per unit is calculated by dividing the total cost incurred by the number of units produced. Various industries like collieries, quarries

2 views • 18 slides

Marginal Costing is a cost analysis technique that helps management control costs and make informed decisions. It involves dividing total costs into fixed and variable components, with fixed costs remaining constant and variable costs changing per unit of output. In Marginal Costing, only variable c

1 views • 7 slides

Process costing is a crucial aspect of advanced cost management accounting, involving the allocation of costs in manufacturing. This process collects and processes costs incurred in different stages of production, distinguishing between normal and abnormal losses. It addresses wastage, cost allocati

0 views • 11 slides

This covers topics such as modern manufacturing, costing techniques, continuous quality management, optimizing throughput, externally-focused management approaches, forecasting techniques, pricing decisions, project management, and more. Specific discussions include differences between cost accounti

0 views • 11 slides

Contract costing in management accounting refers to a specific type of job costing applied to long-term projects like construction. Contracts serve as cost centers executed under customer specifications, involving materials, wages, direct charges, sub-contracts, and completion certificates. Contract

0 views • 14 slides

The content discusses various scenarios related to costing and variance analysis in manufacturing processes. It addresses topics such as direct materials usage variance, direct labor mix and yield variances, total direct labor efficiency variance, and standard costing system variances. The examples

0 views • 8 slides

Explore the different costing techniques such as Job Order Costing, Process Costing, and Operation Costing, as outlined by Martina Dal Molin for the Management Principles course. The Job Order Costing method focuses on allocating costs based on individual jobs or batches of products, emphasizing dir

3 views • 20 slides

Explore the application of Activity-Based Costing (ABC) in International Management, focusing on methods of assigning overheads, cost drivers, product and period costs, and value chain analysis. Dive into topics such as budgetary control systems, standard costing, flexible budgets, variance analysis

0 views • 48 slides

Activity-Based Costing (ABC) is a method used to allocate costs accurately by identifying activities that drive costs. It involves assigning costs to products based on the activities required to produce them. This approach provides a more precise reflection of the resources consumed by each product,

1 views • 8 slides

Indefatigable SWIF (Scientific Workflow Indefatigable Factotum) streamlines batch job management by enabling users to optimize tape access, easily cancel, modify, or retry jobs, specify inter-job dependencies, and simplify the batch system. This robust tool provides users with a container for batch

0 views • 23 slides

Costing is a crucial technique for businesses to ascertain their costs, regardless of being in manufacturing, merchandizing, or service provision. This article explores various methods of costing such as job order costing, batch costing, contract costing, process costing, and service costing. Job or

0 views • 53 slides

Lactic acid fermentation is a widely used method for producing fermented foods like dairy, vegetables, and meats. This process involves lactic acid bacteria and filamentous fungi to convert sugars into lactic acid. Various microbial cultures are utilized, and raw materials such as whey, molasses, an

0 views • 23 slides

Overview of SLURM commands, batch directives, environment variables, running interactive batch jobs, monitoring jobs, and getting additional information. Includes basic SLURM commands, useful aliases, and information on accounts and partitions for job submission.

0 views • 24 slides

Overview of Slurm and Slurm batch scripting presented by Ashley Dederich and Emilie Parra from the Center for High Performance Computing. The talk covers what Slurm is, preparing Slurm jobs, accounts, partitions, CHPC storage resources, environment variables, batch directives, basic commands, runnin

0 views • 64 slides

Exploring the process of costing and pricing road works, including factors to consider, building up rates, and the importance of accurate cost estimation. Contractors cost road works to estimate resources, set competitive prices, and ensure profitability. Various approaches to costing works and key

0 views • 24 slides

Explore the intricacies of cost management in food product development, including factors affecting costing, ways to reduce cost prices, and the impact on profit margins. Learn about key components of costing such as raw materials, testing, packaging, transportation, and marketing. Discover the diff

0 views • 12 slides

Explore the fundamentals of cost accounting through the 14th edition by Carter. Learn about cost concepts, production costing, job order costing, process costing, activity-based accounting, joint costing, and standard costing. Dive into assessments, activities, and classifications of costs related t

0 views • 28 slides

Batch Normalization (BN) is a technique used in neural networks to improve training efficiency by reducing internal covariate shift. This process involves normalizing input data to specific ranges or mean and variance values, allowing for faster convergence in optimization algorithms. By standardizi

0 views • 18 slides

Operating costing, also known as service costing, is a method of determining costs for standardized services provided by organizations. It focuses on service provision rather than manufacturing goods. Key features include uniform service delivery, classification of costs into fixed and variable, and

0 views • 6 slides

The PFMLI Rulemaking Advisory Committee is holding a meeting on December 7, 2021, to receive input on Batch 2 draft administrative rules and fiscal impact statements regarding Paid Family and Medical Leave Insurance (PFMLI). The meeting aims to gather feedback before formal rulemaking with the Secre

0 views • 19 slides

Explore the various types of fermentation processes including batch fermentation, fed-batch fermentation, continuous fermentation, solid-state fermentation, anaerobic fermentation, and aerobic fermentation. Each process has its own advantages and disadvantages, influencing factors such as sterilizat

0 views • 18 slides

Job and Batch Costing are methods used in industries to ascertain the cost of specific jobs or batches separately. Job Costing is ideal for dissimilar or non-repetitive industries, while Batch Costing treats each batch as a cost unit. Both methods help in cost analysis, profitability assessment, and

0 views • 7 slides

Efficiently listing triangles in dynamic graphs is essential for identifying dense subgraphs in social networks. This study focuses on fast triangle listing in large graphs, particularly after batch updates, to find new and deleted triangles. The problem statement involves listing all triangles from

0 views • 27 slides

Utilize Skyline Batch, a user-friendly tool developed by Ali Marsh, to run simple Skyline workflows on multiple files efficiently. This tool is ideal for overnight processing, reprocessing data easily, and sharing workflows across different computers. Quickly transform Skyline templates into report

0 views • 4 slides