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The Relative Sales Value method helps in allocating joint costs based on the prices at which products will be sold. It is basically the process calculating all costs of multiple products produced at the same time in the factory and further helps in analyzing and tracking the profit they will earn from the investment made. Copy the link given below and paste it in new browser window to get more information on Relative Sales Value:- http://www.transtutors.com/homework-help/accounting/inventories-valuation-using-relative-sales-value/

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A few years ago I have seen a documentary movie showing a refugee camp. To my surprise they have managed to create a mini economy inside the camp. There was a school, hairdresser, somebody who could fix the tent. In other words even if the worst happens a new balance is created in which the flow of goods and services carries on. We will see the same thing during and after the corona virus pandemic. He will be most likely witnessing pretty big recession this year and the businesses will have to adapt to the new situation. We will see a lot of changes in sales, operations, population control that will help you go back to the new normal state in which the economy will be rebuild. Similar to what after 9/11 there will be however a lot of changes in the way in which we handle human contact and how we organize our enterprises. We have prepared a few tips on that in a form of a presentation. We have divided it into 2 parts. In the first one we provide some tips for the firms. In the second one for the governments. Some of them are short term tips how to handle the situation 6 months. There are also tips that will help you avoid such a huge shock to the everyday life in the long run Enjoy this presentation I would also recommend checking the following other resources: 1. Bain – Defending Retail against coronavirus 2. Roland Berger - Three Scenarios For How Coronavirus May Affect Economies And Industries

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Every company has to control costs in order to survive and prosper. Therefore, many firms on regular basis perform cost reduction projects. Cost reduction project may be part of a wider Performance Improvement Project or be a standalone project carried out only in one of the business units. Those projects are extremely interesting because you will be able to make a real change, create a new reality and improve part of the business or even the whole business. There are also very difficult as you have to not only analyze areas but also find ways to cut costs, improve the current situation as well as, on some occasions, implement the change. The skills that you will learn during this sort of projects will be also very useful once you move to work for regular businesses or set-up your own firm. In this course I will show you how to deliver such projects fast and efficiently. In the course you will learn the following things: 1. How to identify potential savings especially quick wins 2. How to optimize processes 3. How to analyze investments 4. How to carry out make-or-buy analysis 5. How to spend less For more check the following course: https://bit.ly/CostReductionCourse

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