Answer questions from provided book and information Research Paper

Answer inquiries from gave book and data - Research Paper Example examinations, distinguishing the firm’s upper hand, planning a serious methodology, and planning an authoritative structure that fits the system (Spulber, 2009). The methodology procedure in Scenario 1 could change as far as it being another contestant as a pioneering set-up; as appeared differently in relation to Scenario 2 where the firm shows a quickly developing pattern. All things considered, objective setting is as yet the fundamental worry for Scenario 1 while it could be derived that under Scenario 2, the new leader of a division, recently set objectives are thought to be obviously set and the pertinent strides to consider in technique the board are stages 2 to 5 to decide if there is a need to update or overhaul serious system taking into account changing outer components and inward assets. As a supervisor, objective setting must be structured in a generally fitting and compelling way which coordinates the capacities of the association with the open doors presented in the market. All things considered, there ought to be a general hierarchical objective that is unmistakably planned and imparted; not a progression of various kinds of objectives which could befuddle partners in figuring out which to accomplish. The procedure of outside and inward examinations for Scenario 1 and Scenario 2 would be unique; since Scenario 1 is a beginning up company with no authentic data in regards to outer elements that sway its tasks; nor any inside assets yet that characterize the organization’s qualities or shortcomings. For Scenario 2, chronicled data proliferates and along these lines, the degree and extensiveness of outside and inner investigations would be more prominent and all the more testing. Once more, for the investigation of upper hand and serious procedure, the two organizations would contrast regarding accessibility of recorded data. For Scenario 1, the organization is still in the objective setting stage and in this way ID of its upper hand and methodology would be commenced on what it sees it could do to

Writers Resources From Paragraph to Essay

Writers Resources From Paragraph to EssayYou might not realize it, but there are many writers resources from paragraph to essay. The mistake that most writers make is to rush through writing instead of taking the time to write well.For one thing, being an essay writer doesn't mean that you have to rush through your writing and force it to the end. If you can take the time to write well, then you can still write in a logical fashion and still present a concise story. You can still be a good writer even if you're a first time writer.One good writers resource from paragraph to essay is to consider what kind of story you're going to tell in the essay. Some stories are based around real life experiences, while others are related to abstract topics. A good writer will choose the type of story that they're interested in. Although you may find that one type of story is more interesting than another, you'll find that it's easier to adapt your storytelling style to the topic of your essay.As a n example, if you write a true story based around your daily life, you may find that you want to tell this story more poetically. If you write a story about abstract concepts, you may find that you'll have a hard time with the outline of your story, because it's easier to transition between the themes.Start with a topic that you are familiar with, such as a family, a school, or a place that you like to go to. You should do your research and read books, newspapers, and other informational materials to research your topic. Take the time to get a good idea about what you want to say. Once you have a topic, you'll be able to move on to more productive writing, because you'll know what to talk about and how to say it.When you begin your writing, don't worry about all the things that you learned in school or college about your topic. This means that you can create a fictional character who you're going to use as the basis for your story. There are a lot of different types of characters th at you can use for your story. You should choose characters that you relate to or at least think about being in your situation. Remember, your character isn't real, so you shouldn't have to worry about having a character that you relate to.Once you have your story, you should start to see how easy it is to make a transition from one chapter to the next. For example, you can switch chapters in a short story without any problem. However, if you're planning to write an essay, it might be harder to keep the story flowing well. Consider creating more chapters so that the transition can be smoother. Even if you aren't planning to write the whole thing out, it's better to have chapters so that you can be more organized and avoid losing any progress.If you can learn how to keep a consistent flow throughout your writing, you'll find that you can write some of the best work in your career, no matter what writers resources from paragraph to essay you use. If you can learn how to organize your thoughts, then you'll find that you can write more of the kinds of stories that you enjoy. It's worth the time and effort to learn these simple tips.

Community of Cars

In â€Å"Community of Cars† by Ryan Brown, the creator utilizes mockery to Inform us that we are a languid, self-decimating network. He transfers each negative thing about our condition and wellbeing to our Increased reliance on vehicles. Earthy colored appears to shout out to the world that we have to change our ways before It's past the point of no return. He needs individuals to be increasingly careful, and to not Just toss out nature. Earthy colored starts his contention with a walk around the creators' childhood.He alludes to the various evenings went through walking around his grandma to the neighborhood supermarket. Numerous individuals can allude to this as a passionate intrigue. Earthy colored than offers to our qualities by saying the â€Å"friendly discussions we used to have when passing a colleague while strolling have been supplanted with sounds of a vehicle horn† (Brown 1). He calls attention to that Americans are in a brain condition of rolling over stro lling. He likewise says that in the event that we drove less, our condition, networks, and individual wellbeing would all show constructive outcomes. â€Å"That autos are ecologically hurtful is unarguable† (Brown 1).Brown uses the contention of car outflows contaminating the air and afterward bringing about corrosive downpour. He says with the blend of modest gas costs and high gas mileage vehicles, there is no big surprise the drivers society has kept on flourishing. He calls attention to that since individuals drive eco-friendly vehicles, it doesn't mean there doing anything positive to the network. In light of their eco-friendly vehicles they drive more since it's less expensive. Utilizing an eco-friendly vehicle to travel miles to the superstore as opposed to strolling to the corner store isn't helping.Brown calls attention to the at last it is our decision whether our networks are extraordinary spots to bring up our youngsters, or in the event that they are simply negli gible refueling breaks on the interstate. He represents that Americans have ignored the separating impact of accommodation, and accordingly we are aimlessly setting ourselves up to annihilation. Such is a result that many have not thought of, and Brown makes a persuading offer. â€Å"New Urbanism and other social change developments guarantee to bring back the times of unified, walk capable networks, Incorporating highlights, for example, wide walkways and restricted streets† (Brown 3).Brown accepts that with a superior network comes a superior quality of life. Earthy colored expresses that roadways destroy field decimate natural life living spaces and courses. Browns Interpretation of the ascent In gas costs Is the administration instructing us to watch our spending. The legislature has gas costs sufficiently low to keep the purchasers upbeat, yet sufficiently high to pay for our natural battles. The decrease of general wellbeing because of absence of activity Is another con tention Brown uses to his advantage.Brown utilizes a model from Amanda Speak In saying â€Å"Living In suburbia Is connected to dating progressively more unhealthy quick food† (Brown 2). Stoutness In kids has dramatically increased Over the most recent three decades. This Is not astonishing on the grounds that 1 of each 3 suppers that a youngster eats is from a drive-through eatery. Earthy colored expresses that us Americans think Witt our wallets. As indicated by nil, ten just occasions Americans stand firm on an issue is if it's advantageous and moderate. It appears as though the circumstances and logical results of regular day to day existence incited Brown to compose this contention. He guarantees that as our driving rates go up our wellbeing goes down.He claims we are apathetic and afterward states nearly anything we need regularly we can get past a Drive-Thru window. Presently we no longer need to apply ALL the vitality it goes for to stroll over the parking garage and to look around. You would now be able to do pretty much every day by day errand without leaving the solaces of your front seat. Paul Higgins from University of California accepts that strolling would no uncertainty fix two of Earths most concerning issues; a worldwide temperature alteration and corpulence. Earthy colored accepts that the new close connection between a man and his â€Å"Beauty' is a reversible trend.He accepts that the arrival to days passed by is a feasible and attractive objective. With everything taken into account, Brown uses an assortment of methodologies to contend his proposal that an excess of dependence on autos is costing America its wellbeing and legacy. The immense measure of results of when we drive rather than when we walk has had extensive impacts that numerous individuals might not have thought of. Earthy colored collects a triple danger by speaking to our rationale, feeling and qualities. To Brown, vehicles are an inconceivable thing, yet not worth losing the earth, our networks, our own wellbeing, and lives.

History of Bar Code and Bernard Silver

What is a bar code? It is a  method of automatic identification and data collection. History of Bar Codes The first patent for a bar code type product (US Patent #2,612,994) was issued to inventors Joseph Woodland and Bernard Silver on October 7, 1952. The Woodland and Silver bar code can be described as a bulls eye symbol, made up of a series of concentric circles. In 1948, Bernard Silver was a graduate student at Drexel Institute of Technology in Philadelphia. A local food chain store owner had made an inquiry to the Drexel Institute asking about research into a method of automatically reading product information during checkout. Bernard Silver joined together with fellow graduate student Norman Joseph Woodland to work on a solution. Woodlands first idea was to use ultraviolet light sensitive ink. The team built a working prototype but decided that the system was too unstable and expensive. They went back to the drawing board. On October 20, 1949, Woodland and Silver filed their patent application for the Classifying Apparatus and Method, describing their invention as article classification...through the medium of identifying patterns. Commercial Use of Bar Codes Bar code was first used commercially in 1966, however, it was soon realized that there would have to be some sort of industry standard set. By 1970, the Universal Grocery Products Identification Code or UGPIC was written by a company called Logicon Inc. The first company to produce bar code equipment for retail trade use (using UGPIC) was the American company Monarch Marking in 1970, and for industrial use, the British company Plessey Telecommunications was also first in 1970. UGPIC evolved into the U.P.C. symbol set or Universal Product Code, which is still used in the United States. George J. Laurer is considered the inventor of U.P.C. or Uniform Product Code, which was invented in 1973. In June of 1974, the first U.P.C. scanner was installed at a Marshs supermarket in Troy, Ohio. The first product to have a bar code included was a packet of Wrigleys Gum.

Essay on Oil Conflict in Nigeria - 1259 Words

Oil Conflict in Nigeria Introduction This paper will discuss the Oil conflict that is occurring in Nigeria. Discussed will be the types of power that the two feuding parties are using and whether their strategies have been effective as well as the influence they have had on the conflict. The contrasting cultural differences and similarities will be discussed as well. The conflict in Nigeria has turned deadly and a successful communication environment must be developed in order to restore peace to the region. The oil conflict in Nigeria consists primarily of two parties the oil companies and the local interests. The conflict has turned deadly as individuals have protested through violence their frustration for what they believe to be†¦show more content†¦Having associations with the government definitely gives them a legal and formal authority advantage. The locals have implored a personal power approach in engaging the oil conflict. The locals do not have the structural resources that the oil companies do so t hey have to rely on habitual, moral, nuisance, and personal characteristics when applying power to the conflict. Many individuals have protested in a nonviolent manner however there are many who have taken a violent hostile approach with their power. Militant groups and locals have been using a nuisance approach by participating in sabotage to oil pipelines causing significant spills in an attempt to take control of the conflict. According to Omeje (2005) â€Å"Oil companies with considerable onshore operations like Shell, ChevronTexaco and Ajip have repeatedly attributed many of the cases of spills surrounding their oil facilities to criminal sabotage by locals aiming to receive compensation money.† The most extreme use of power has been through the use of deadly violence. Locals have been paying militant groups to attack oil companies, government officials, and anyone they believe to be opposing them. This demonstration of power has brought worldwide attention to the conflict with negative response. The use of power that the oil companies have engaged in has been very effective. By using their associations with government officials and legal resources the oil companies have been able to control the land thatShow MoreRelatedThe Niger Delta And The Oil Companies1576 Words   |  7 PagesThe Niger Delta is a region of Nigeria that is very rich in crude oil and gas. Crude oil and gas make up 70% of the country s revenue and 95% of it s export earnings (Ezekoli, 5608). Those percentages are incredibly high and represents large amounts of money that can be found in the region. However, the people of the Niger Delta never see the wealth that comes from their natural resources. The wealth instead goes to the oil companies set up in the area as well as the pockets of a few elite governmentRead MoreRole and Influence of Religion on Conflicts1208 Words   |  5 Pagesthe role and influence of religion on conflicts. Rabkin states that religion is not a primary source of conflicts and violent strife. According to him, most often than not, religion is used only to legitimize, but not motivate conflicts. However, Jonathan Fox states that religion is one of the motivators of terrorism. The impact of religion on conflicts is also increasing over the years. Similarly in Nigeria, religion was not the central source of conflicts at the time of colonization or evenRead MoreEthnic Conflicts in Nigeria629 Words   |  3 Pagesworse by staging coups and making a mockery of democracy in Nigeria. The military era was marked by corruption, ineptitude and confusion. It drove Nigeria into many problems including economic problems, poverty, and ethno-religious conflicts un til the 1990s. The military continued intervening because they believed the civilian leaders were inept and indecisive. Ethnic conflicts continued to escalate through the democratic transition in Nigeria, as various ethnic groups demanded political restructuringRead MoreEssay on Shell Nigeria1322 Words   |  6 Pages Shell Nigeria nbsp;nbsp;nbsp;nbsp;nbsp;In 1958 the Royal Dutch/Shell Group started drilling for, transporting and refining oil in Nigeria. Nigeria’s large supply of high quality crude oil helped Shell climb to the top, by 1994 Shell made more money than other company in the world. Everything changed for Shell in 1996 when the world became aware of their unethical business practices in Nigeria. Shell had raped the environment, violated human rights of the Nigerian people and manipulated localRead MoreBoko Haram : A Serious Problem1628 Words   |  7 PagesThe State of Nigeria has experienced a growing number of militants across the county. Over the past three years, there has been an increasing threat posed by growing numbers of homegrown terrorists that have managed to become a serious problem to the nation. In recent times, several terror attacks have been mounted in major towns and cities spread across the country. The major religious terrorist group, Boko Haram, has caused chaos in these areas causing substantial damage in the regions over whichRead MoreAnalysis Of The Niger Delta And Its Past Struggles With Military Rule Essay1021 Words   |  5 Pagestaking control nonetheless. From the start of its independence, Nigeria has slowly grown in its dependence on oil as it’s main economic revenue stream. Before the discovery of oil, the state had yam and cassava crops, palm oil, rubber, and lumbers that provided economic revenue, though mod est (Jike, V.T. 2004). However once oil was found in 1956 and Independence in 1960, Nigeria has not only relinquished vast tracts of land to International Oil Companies (IOC) such as Royal Dutch Shell (later named ShellRead MoreThe Crisis Of Nigeria, Azerbaijan, Sudan, And Lebanon Essay1562 Words   |  7 Pagesthe world refine oil. Based on the number of barrels refined during the first three months of 2016, the countries that refined the most oil were: Russia (10.5 million BPD), Saudi Arabia (10 million BPD), the United States (9.2 million BPD), Iraq (4.3 million BPD) and China (4.1 million BPD). (CNNMoney, 2016) Just as there are many oil-producing states in the United States that do not have refineries, there are entire nations that are impacted by having a lack of refineries. A few oil-rich nations thatRead MoreThe Discovery Of Oil And Its Effects On The World With Energy1506 Words   |  7 PagesIn 1958, oil was first discovered in Nigeria. The discovery has led to the transition from agriculture-based economy to that of oil economy. One would believe that a country that produces a numerous amount of oil used to support the world with energy would have improved domestic infrastructures and economic development. Unfortunately, this is not the case in Nigeria. Nigeria has suffered since the discovery of oil and is still suffering till this day. Not only has it created conflicts between otherRead MoreThe Petroleum Revenue And Economic Growth Essay1610 Words   |  7 Pages The Petroleum Revenue and Economic Growth in Nigeria. INTRODUCTION AND BACKGROUND The Petroleum industry in Nigeria is the largest source of government revenue and it occupies a pivotal position in term of foreign exchange earnings with about 90 percent and over 80 percent contribution to the Gross domestic product. Petroleum sector is the mainstay of Nigerian economy since its discovery in commercial quantity in Oloibiri, Bayelsa State Nigeria in 1956. From 1970 to 2009, the income from petroleumRead MoreImpact Of The Nigerian Presidential Amnesty Program1723 Words   |  7 PagesPresidential Amnesty Program (Amnesty), a local form of Disarmament, Demobilization, and Reintegration (DDR), on crude oil production in Nigeria. The President of Nigeria announced the program on June 25th, 2009 which aimed to put an end to the insurgency crisis experienced in the Niger Delta region, particularly between 2006 - 2009 which had led to an average loss of about 650,000 barrels of crude oil per day (cited in Asuni, 2009) and which had major implications for the government s revenue. Militants were

The Effects Of Sleep On Insomnia And Vagal Activity 14...

Sleep can be effected in a number of different ways whether it is by the environment, your thoughts, or your pre-sleep routine, there are multiple factors involved. Many people have their own techniques that work well for them and some doctors have recommendations of their own. One tried and true technique for falling asleep is by utilizing different breathing exercises or simply focusing on the breath. The purpose of this paper is to investigate the effectiveness of breathing techniques on sleep. In a study used to determine the efficacy of paced breathing on insomnia and vagal activity 14 people with self reported insomnia (SRI) and 14 people who reported to be good sleepers (GS) were utilized to test the hypotheses that paced breathing would aid those with insomnia in falling asleep (Tsai, Kuo, Lee, Yang, 2014). The study measured variables such as sleep quality, sleep effectiveness, Heart rate variability, and cardiac vagal tone. For the individuals to be allowed in the SRI grou p they had to have difficulty falling asleep, staying asleep, or trouble with waking up too early and not being able to go back to sleep more than 3 times per week, for 6 continuous months. All subjects of the study had to be between 20-25 years old and have a BMI within the normal range for their height and weight (18.5-24.5 Kg/m^). The subjects all had regular times that they went to bed and woke up and none reported having any history of sleep disorders such as sleep apnea or periodic limbShow MoreRelatedThe Effect Of Paced Breathing On Insomnia And Vagal Activity 14 People With Self Reported Insomnia929 Words   |  4 PagesSleep can be effected in a number of ways whether it is by the environment, your thoughts, or your pre-sleep routine, there are multiple factors involved. Many people have their own techniques that work well for them and some doctors have recommendations of their own. The purpose of this paper is to investigate and show the effectiveness of paced breathing a nd breathing techniques on sleep, this will take into account peer-reviewed research, course and lecture materials. In a study used to determineRead MoreThe Marketing Research of Brainquiry33782 Words   |  136 Pagesas mentioned before. If more contacts are needed they can be found by using the means stated in the sources part of the research. The excel file gives furthermore general information about private insurance companies and an overview of how many people do have which mental disorder in Germany. In the report the promotional part gives an overview of means to use regarding the target groups being looked at by Brainquiry. The final report of the Netherlands consist of following parts: excel files

Foundations of Management Accounting †Myassignmenthelp.Com

Question: Describe about the Foundations of Management Accounting. Answer: Introduction: Management accounting is the process which measures and reports information about economic activity within the organisation. The process of management accounting is helpful for managers, as it helps in planning, evaluating and exercise of operational control. Planning, evaluating and operational control, can be explained by the following sub-points: Planning Planning is required for deciding what to make, when to make and where to make it in regards to a product. Planning is also helpful for determining the materials, labour that is necessary to realise desired output. Evaluation of performance Performance evaluation is required to evaluate the profitability of the product and its product line. The contribution of managers of the organisation. Operational control Operational control is necessary to get an idea of how much work is in progress on the factory floor. Operational control is also helpful in maintaining a smooth flow of production. The assignment attempts to evaluate the concept of financial accounting and its key facts. The study further determines on the system of product costing under activity-based costing (ABC). Moreover, a direct material budget plan and schedule of expected cash disbursement have been formulated to justify the research subject. Part A Difference between Financial Accounting and Management Accounting: Management accounting is explained according to Nixon and Burns (2012) as the preparation of management reports and accounts that provide accurate information, both financial and statistical, to the managers which help them take important day-to-day decisions. Financial accounting can is defined as the process of summarising, reporting and recording the transactions of an organisation and its operations over a period. Hal (2011) states that the summarization of financial statements includes the balance sheet, income statement and cash flow statement, which provides the companys performance over a period. Differences between Financial and Management accounting can be explained as follows: Financial accounting is the branch of accounting, which deals with the financial aspects and information of the concerned business. On the other hand, management accounting is the branch of accounting that deals with both fiscal and non-financial aspects of the firm. Financial accounting is viewed and assessed by both internal management and as well as external parties concerned. Management accounting, on the other hand, is determined and considered only by the internal administration of the business. Financial accounting reports are meant for the public, for them to assess the businesses financial viability. Management accounting report is intended for the internal management and is treated confidentially. Financial accounting follows a predetermined format, whereas management accounting has no such prescribed format. Financial accounting deals with providing information about the financial status to its shareholders. On the other hand, management accounting helps the managers in evaluating the business performance, which will help them make better-informed decisions in the future. Financial accounting is done for a specified period (1 Year). On the contrary, management accounting is done when the managers are in need of it. (Quarterly, half yearly, etc.) For the purpose of auditing, financial accounting is of paramount importance and is mandatory in any company. Whereas management accounting is not that necessary and is done voluntarily. Analysis of Fixed and variable Cost of Company X and Company Y: According to Eriotis et al. (2011), the case study states that Company X incurs less fixed cost compared to its variable cost and Company Y incurs less variable cost compared to its fixed cost. From this statement, an inference can be drawn that Company Y will realise a higher profit in case the sale increases. According to the appendix below, where the sales in units increase by 10%, for both company X and Y, it is seen that company Y will realise more profit. In other words, due to an increase of one percent of units of sales of company X, the profit of X increases by 1.429% and similarly due to an increase of one percent of units of sales of company Y, the profit of Y increases by 1.882%. From the appendix below it is also observed that the total contribution for company X and Y is 10%. It is because company Y incurs a small variable cost compared to its fixed cost. As a result company Y earns a profit of 18.82%. In the case of company X, it incurs a variable cost much higher than that of company Y. Thus, from the above context, it can be explained that company Y enjoys the benefit of operating leverage over company X. Concluding the above explanation, company Y will realise the greatest increase in profit. It is due to two main factors that are; company Y enjoys the benefit of operating leverage over company X, and it incurs a less variable cost and more fixed cost compared to company X. As a result company, Y will earn more profit. Explanation of processes of product costing under an Activity Based Costing: An accounting method that identifies the activities of a firm that performs and assigns indirect costs to products is known as activity-based costing. Activity-based costing (ABC) is majorly applied in the manufacturing industry, as it improves the dependability over cost data and provides a better classification of expenses incurred during the production process of a company. This system targets product costing, product line profitability analysis, service pricing, etc. According to Fei and Isa (2010), the system can be used for reduction of overhead cost. A complex environment is best for application for ABC. The following steps can further explain Activity-based costing: Cost Identification Identifying the costs that need to be allocated, is the first and the most important step in the total process. As wastage of time is not preferred with a large project scope. For proper allocation of time and cost right factors need to be identified to avoid wastage of time. Secondary cost pools Cost pools are created for those costs which are incurred to provide services. Primary cost pools Primary cost pools are designed for those costs which are directly connected to the production of goods and services. A separate cost pool for each line of product is beneficial as costs are likely to arise at this level. A separate cost pool should be allocated for marketing and distribution of the product. Activity cost driver The factor that contributes to the expense of business operations is known as activity cost drivers. Few of the cost drivers are labour cost, maintenance cost and other variable expenses. On the other hand more technical activity cost drivers are machine hours, customer contact base, inspections, etc. Management chooses cost drivers as the base for distributing manufacturing overhead. It is not mandatory for the management to select cost driver. Management selects cost driver at its discretion. The selection is made by verifying the variables relating to the expense incurred. The methodology of product costing is associated with managerial accounting. The analytical recourses have made product costing a regular feature of manufacturing operations. In recent years product costing is involved with activity-based costing. ABC is based on the presumption that costs occur in various activities. According to the (Prates, 2014), ABC is based on the principle that production of products does not generate costs. The resources that are necessary to support the business activity generate costs. The activities generated from production consume costs. Part B Preparation of companys direct materials budget and schedule of expected cash disbursements for purchases of materials for each quarter in the upcoming fiscal year: General Corporation Direct Material Budget Particulars 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Forecasted production units 6,000 9,000 8,000 7,000 Raw materials required for forecasted production units (gm) 54,000 81,000 72,000 63,000 Cost of raw materials required for forecasted production units ($) (A) 64,800 97,200 86,400 75,600 Closing inventory requirement ($) (B) 19,440 17,280 15,120 19,440 Opening inventory requirement ($) (C) 0 19,440 17,280 15,120 Purchase to be made in current quarter (A)+(B)-(C ) 84,240 95,040 84,240 79,920 The schedule of expected cash disbursement for the purchase of raw materials in each quarter is depicted in the table below: General Corporation Cash Disbursements Particulars 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Opening Accts. Payable 3,880 33,364 37,144 33,364 Payment made for current quarter's materials 54,756 61,776 54,756 51,948 Payment made for previous quarter's raw materials 0 29,484 33,264 29,484 Total payment 54,756 91,260 88,020 81,432 Payment to be carried forward 29,484 3,780 -3,780 -1,512 Closing Accts. Payable 33,364 37,144 33,364 31,852 Preparation of the companys direct labour budget for each quarter in the upcoming fiscal year: General Corporation Direct Labor Overhead Particulars 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Production units 6,000 9,000 8,000 7,000 Labor Hrs per unit 0.30 0.30 0.30 0.30 Total hrs 1,800 2,700 2,400 2,100 Rate per hour 10.50 10.50 10.50 10.50 Amount ($) 18,900 28,350 25,200 22,050 Preparation of the companys manufacturing overhead budget for each quarter in the upcoming fiscal year: General Corporation Manufacturing Overhead Particulars 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Production units 6,000 9,000 8,000 7,000 DLH required 1,800 2,700 2,400 2,100 Variable Manufacturing overhead 3,150 4,725 4,200 3,675 Fixed Manufacturing overhead-Cash 84,000 84,000 84,000 84,000 Fixed Manufacturing overhead-Non Cash (Depreciation) 24,000 24,000 24,000 24,000 Total Manufacturing overhead 111,150 112,725 112,200 111,675 Here it is assumed that the depreciation is not included in the fixed manufacturing overhead of $84,000 per quarter. Conclusion: From the above content, it can be inferred that the assignment differentiates between the key properties of financial accounting and management accounting. The study also shows the effect of profit due to the change in variable cost and fixed cost of company X and Y. The assignment explains the process of product costing under the ABC system. The calculation of direct material budget, cash disbursements, direct labour budget and manufacturing budget tries to justify General Corporations forecasted profitability and viability for the upcoming fiscal year 2017. References: Eriotis, N.P., Frangouli, Z. and Ventoura-Neokosmides, Z. (2011) Profit margin and capital structure: An empirical relationship, Journal of Applied Business Research (JABR), 18(2). Fei, Z.Y. and Isa, C.R. (2010) Factors influencing activity-based costing success: A research framework, International Journal of Trade, Economics and Finance, 1(2), pp. 144150. Ghaemi, M.H. and Nematollahi, M. (2012) Study on the behavior of materials, labor, and overhead costs in manufacturing companies listed in Tehran stock exchange, International Journal of Trade, Economics and Finance, , pp. 1924. Hal, Z. (2011) Accounting system and financial performance measurements, European Financial and Accounting Journal, 2011(3), pp. 3865. Iwai, N. and Thompson, S.R. (2012) Foreign direct investment and labor quality in developing countries, Review of Development Economics, 16(2), pp. 276290. Nissen, B. and Smith, R. (2015) A novel way to represent and Reframe the interests of workers: The peoples budget review in st. Petersburg, Florida, Labor Studies Journal, 40(1), pp. 84102. Nixon, B. and Burns, J. (2012) Strategic management accounting, Management Accounting Research, 23(4), pp. 225228. Prates, G.A. (2014) METHODS OF COSTING - TARGET (TARGET COSTING) AND KAIZEN (KAIZEN COSTING) SUPPORTED BY QFD (quality function deployment) AS A TOOL FOR COST REDUCTION IN DEVELOPMENT PRODUCT AND PRODUCTION, Nucleus, 11(1), pp. 720.