Absorption and Marginal Costing Assignment Example | Topics and Well Written Essays - 2500 words

Absorption and Marginal Costing - Assignment Example This technique of costing is also known as the full-cost technique (Sikdar, 2008). In reality, the technique of marginal costing takes into consideration the behavioral features of costs by segregating the costs into fixed and variable elements. The segregation is done because per unit variable cost is fixed and total costs are variable in nature but actually total fixed costs are fixed and per unit fixed cost is variable in nature. In addition, variable costs are handy in nature, whereas total fixed costs are unmanageable in nature. Short term planning makes use of the Marginal costing technique. Control and decision making in particular reference to the production of multi-products also uses marginal costing (Sikdar, 2008). The contribution in marginal costing technique is computed after taking away variable costs from sales value. This is the way in which the total share of all products/services incurred towards the total fixed costs by the business is also taken into account. Since the fixed costs are dealt with as period costs they are subtracted from total share to compute net profit (Sikdar, 2008). From the perspective of cost for a product/service, an absorption costing regards a share of all costs incurred by a business with regard to each of its products/services. Costs are segregated based on their functions under absorption costing technique. Apart from this costs which are incurred with reference to other business functions are subtracted to compute the net profit. Thus we can infer that absorption costing is a better info give to price products since it takes into account both variable and fixed costs (Sikdar, 2008). The costs that fluctuate with a resolution should only be included in decision analysis. For many decisions that engage comparatively small fluctuations from accessible practice and/or are for comparatively restricted periods of time, fixed costs are not applicable to the decision.  

Asimov On Chemistry By Isaac Asimov :: essays research papers

Asimov On Chemistry by Isaac Asimov   Ã‚  Ã‚  Ã‚  Ã‚  The Book Asimov on Chemistry by Isaac Asimov is a collection of seventeen essays that he wrote for The Magazine of Fantasy and Science Fiction. This book is one of ten that were published by Doubleday & Company, Inc. Not all of the books centered on chemistry and like science. Most just covered anything Isaac Asimov wondered about. These Essays date back quite aways with a range from January 1959 to April 1966. INORGANIC CHEMISTRY The Weighting Game   Ã‚  Ã‚  Ã‚  Ã‚   This i found to be the most boring in the whole book. It covers chemical atomic weight and physical atomic weight. It also gives chemical methods that determine the atomic weight. Slow burn   Ã‚  Ã‚  Ã‚  Ã‚  This is a description of how Isaac newton contributed to the field of chemistry along with what civilizations thought of chemistry. Then he talks about a pathologically shy, absentminded, stuffy, women-hating chemist. This man did make some discoveries about inflammable gas and proved water to be an oxide. The Element of Perfection   Ã‚  Ã‚  Ã‚  Ã‚  Asimov talks about astronomers in the mid 1800's, and how they made the spectroscope. Only then does he start to mention a element a french chemist belived to be new or maybe just a heavier from of nitrogen. Inert gases and there liquefaction points are then listed along when they when fisrt liquefied by a chemist. Welcome, Stranger!   Ã‚  Ã‚  Ã‚  Ã‚  This talks about the rarest of stable enert gases, xenon. It also tells why that in 1962 so many expirements were done involving this gas. Fisrt it defines the word gas, and talks about different types in about four pages. Thens he talks about how it is combined with flourine to form a poison. Death in the Labratory   Ã‚  Ã‚  Ã‚  Ã‚  Here Asimov talks about how scientists have died due to poor lab conditions and other matters. He also tells you a few way to poison youself in a lab such as mixing xenon and flourine. He then goes off and explains how flourine was used and discovered along with who died in this process. A few other poisonous chemical compounds are also mentioned. To Tell a Chemist   Ã‚  Ã‚  Ã‚  Ã‚  This is Isaac Asimov's way of telling if someone is chemist or not. The two questions are: (1) How do you pronounce UNIONIZED? and (2) what is a mole? He feels that if you can say un-EYE-on-ized and talk for hours about molecular weight to define mole, then you must be a chemist. NUCLEAR CHEMISTRY The Evens Have It   Ã‚  Ã‚  Ã‚  Ã‚  Concluded here is how isotopes are impractical and how to identify them. He then descibes how an isotope is constructed. also he says an element with an

History of communications Essay

In the essay ‘History of communications’, author has tried to make us travel the whole distance right from the beginning when there was no source of communication to today’s world where we have telephone, internet etc. The artist wants us to understand how important means of communication is for us and how difficult it was to invent and implement them. Today’s age can be called as ‘Informative age’ where we can communicate in seconds through latest technology and to any part of the world. The uthor wants us to think about how the life could have been when no such facility was available for our ancestors. Also take pain to think about how they got here and who all were involved in making as well as implementing them to reach the place they are today. The innovative means of communication was different in different countries like Phoenician alphabet in China, use of pigeons in Ancient Greece and many more. Here the author wants to concentrate on the infrastructure for communication that was based on lectronic technologies in 19th and 20th century United States. Importance is given to the people who invented these technologies and developed them further for easy use. There is a relationship between social and technological aspects of society that binds people together. Many other developments like social, political, economic and cultural depend upon the development in communication system. One cannot think of development in any field unless one is able to communicate with other. Society is developed only when communication is perfect and people are able to help each other, as effort of one person cannot make any difference. According to my view the author here has concentrated much on inventions and their developments along with problems faced during implementations. The main central point of making people think about the facts is lacking behind and is dealt in the end of the essay.

Case Study New Healthcare Security Systems - 1350 Words

There are several companies around that have created new healthcare security systems. A company that I recently researched is General Dynamics IT, with a product called STARSSolutions Suite. The STARSSolution Suite product applies to healthcare fraud, waste and abuse (FWA). FWA is a continuing concern in healthcare because of the large quantity of money that is claimed yearly. This product contains four key solutions that would assist a healthcare provider including STARSInterceptor, STARSSentinel, STARSInformant and STARSCommander. These solutions focus on pre-pay prevention, post-pay detection, ad-hoc investigative analytics and workload management. Their analysis and reports can be used to differentiate the small mistakes from intentional fraudulent activities (Fraud, Waste and Abuse, n.d.). This software is strictly focused on healthcare fraud and their product is catered to our business and field of work. Since AngMar is a small privately owned company there are a limited amount of employees on staff. The majority of our employees are nurses that provide the in home healthcare for our clients and the rest of the employees are the corporate staff. This product seemed to be a good fit due to the option of outsourcing most of the processing. AngMar has a relatively small IT department, around 3 people at corporate, and this system would not be their area of expertise. Having an outsourced system is more cost effective for a small company like ours, as it is with ourShow MoreRelatedCloud Computing Impacting Health Care988 Words   |  4 Pages Cloud Computing Impacting Health Care Introduction In comparison to other industries, the healthcare industry has under-utilized technology to improve the efficiency of operations. Healthcare systems are still dependent on written medical records which limits consultation with other medical players. Additionally, despite the substantial evidence in the sector of patient safety, there is little attention in regards to appropriate systematic approaches to help solve the issue (AbuKhousa Al-JaroodiRead MoreThe Risks Healthcare Providers Experience And The Impact Cloud Computing1418 Words   |  6 PagesThe study by Glasberg et al (2014) analyzes the risks healthcare providers experience and the impact cloud computing has in using the new technologies. Focusing on overall risk management, the study takes a holistic approach, where the research focuses both on human and organizational aspects. Using interviews as a form of data collection, the authors categorize risks and assesses impact from 2 perspectives; supply (S) and informatio n systems (IS) as shown in the table 1 below. Table 1 Risk RiskRead MoreCyber Security And Cyber Threats Essay1510 Words   |  7 Pages The healthcare sector of the United States has been confronting issues of cyber-attacks to such an extent that majority of the patients feel every moment that they are at great risk and thus their treatment processes suffer a lot.(Hacking Healthcare IT in 2016) The small sized clinics do not have many resources to enhance their information security systems. Even the large sized enterprises are vulnerable to the cyber threats. The White House had declared that it would increase opportunities to tackleRead MoreHealthcare Management Systems: Features Capabilities and Operational Benefits1434 Words   |  6 Pagesoperational benefits 2 Patient care applications 2 Management and enterprise system 2 E-Health applications 2 Strategic decision support applications 3 2- Need of Strategic plan for IM/IT in healthcare industry 3 Rationale 4 3- Systems development life-cycle in healthcare industry 4 4- Key elements for secure access to health care and patient information 5 5- Application of systems theory in healthcare governance of IT/IM 6 References 7 1-Features, capabilities, and operationalRead MoreWhat Is CDSS?1095 Words   |  5 PagesCoiera pointed some areas in healthcare practice that could be affected by the use of CDSS, including support decisions with clinical evidence, disease diagnosis and control of prescription medications (2015). Using CDSS has been associated with evidence of potential improvements in health care quality. However, to achieve this improvement in practice, some requirements, such as accurate and knowledge-based evidence, are needed (Sim et al., 2001). Sim et al. concluded that this evidence could provideRead MoreThe United States Healthcare System1742 Words   |  7 Pageseverything in our day to day lives. The benefits of expediency and the convenience afforded to those who utilize information systems their business dynamics is undeniable. This paper will discuss the various threats and vulnerabilities related to the United States healthcare system as well as government regulations and policies as well as the issues of overall personal data security as a whole. Threat assessment in regards to a cyber- attack and the level of liability in the aftermath of a cyber-attackRead MoreA Laptop Belonging At Kaiser Permanentes Stolen From An Employees Car1573 Words   |  7 Pagestheft, even up to losing ones’ personal identity. The case study history is as follows: A laptop belonging to Kaiser Permanente was stolen from an employee’s car. This computer contained 38,000 Kaiser Permanente membership names, identification numbers, dates of birth, gender, and physician information (Laptop with patient info stolen, Rocky Mountain News, November 29, 2006). This loss and many other personal information injuries inform all healthcare agencies of the significance of implementing safeguards/regulatoryRead MoreElectronic H ealth Records Breaches Within Security980 Words   |  4 PagesElectronic Health Records Breaches in Security Research Focus Working in the medical field with Electronic Health Records, a lot of my responsibilities are reliant on Health Insurance Portability and Accountability (HIPPA) compliance, EHR updates and template building. EHR breaches in security is a constant concern in this age of modern and sophisticated technology. With recent security breaches of major corporations, this has caused technology experts to heighten its security encryptions to prevent furtherRead MoreWireless Sensor Networks For Continuous Healthcare Monitoring1702 Words   |  7 PagesWireless Sensor Networks for Continuous Healthcare Monitoring BABATOLA FOLUSO FAHINA Faculty of Environment and Technology, University of the West of England. babsfash1@gmail.com Abstract— The healthcare monitoring applications of wireless sensor networks may require the properties of unobtrusiveness and continuity. The continuous tracking of the health state would address the challenges of caregiving for the elderly and performance checking for athletes during training. The application mustRead MoreA Survey On The Healthcare System Essay1574 Words   |  7 PagesIntroduction Some believe the healthcare may be the most scrutinized industry out there today (Ashrafi, Kelleher Kuiboer, 2014). As the government continues to reform the U.S. healthcare system away from a fee for service to a value based model, many institutions are turning to business intelligence (BI) and analytics for assistance. Moving forward providers of healthcare are responsible for the overall care of patients from admission, discharge and now if the patient returns for the same issue