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Titlebook: Variance Accounting; Ernest Laidler Textbook 1976Latest edition Ernest Laidler 1976 accounting.Counting.Variance

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Absorption Costingmust exceed total costs to ensure profitability, and so it was natural that the total cost of each product or type of service having a separate selling price should be determined. This was particularly important in job order work where quoted prices had to cover all costs as well as provide profit.
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In intensive care medicine decisions are characterised by: uncertainty of diagnosis, urgency of treatment, continuous change of situation, and high costs of interventions. Specific pressure is caused by the “technologic imperative” which means:
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The Profit Motive in IndustryIndustry is an important feature of society in the highly developed parts of the world including the United Kingdom. Aided by technological advances it aims at progressive improvements in living standards through mass production. Basically, human effort is applied to —
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Cost and Financial Accounts — The LinkAlternative arrangements are available; interlocking and integral accounts.
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