The document discusses allocating indirect costs to different revenue areas, such as departments or divisions within a company. It provides an example of a restaurant complex with two revenue outlets: a dining room and a snack bar. Monthly sales revenue, direct costs, and undistributed indirect costs are given for each area. The total average monthly operating income for the restaurant is also provided. Determining the correct basis for allocating indirect costs is important to avoid making incorrect decisions.
A STUDY ON LOANS AND ADVANCES PROVIDED BY THE INDIAN BANK ZONAL OFFICE, TRICHYIAEME Publication
The present study consists of the performance of loans and advances. The data utilized for the study is primary in nature. Last decade has witnessed many changes in the banking industry. This study indicates the effect of the loans and advances on the Indian Economy. Banks mainly make profit from the difference of interest received and loans paid. Nowadays banks are performing the number of functions in addition to its two main function lending and accepting deposits. Banks grant loans in order to satisfy the growing credit needs of the different sections of the society but since the private banks are profit making organization thus they have profit making dimension added to the advances granted by them. In this study the focus is mainly on the movement of Loans and advances of the Indian Bank, Crawford Branch by analyzing the present data.
A STUDY ON LOANS AND ADVANCES PROVIDED BY THE INDIAN BANK ZONAL OFFICE, TRICHYIAEME Publication
The present study consists of the performance of loans and advances. The data utilized for the study is primary in nature. Last decade has witnessed many changes in the banking industry. This study indicates the effect of the loans and advances on the Indian Economy. Banks mainly make profit from the difference of interest received and loans paid. Nowadays banks are performing the number of functions in addition to its two main function lending and accepting deposits. Banks grant loans in order to satisfy the growing credit needs of the different sections of the society but since the private banks are profit making organization thus they have profit making dimension added to the advances granted by them. In this study the focus is mainly on the movement of Loans and advances of the Indian Bank, Crawford Branch by analyzing the present data.
The report deals with a clear understanding of the lending procedures followed by Indian Overseas Bank. It not only explains the basic concepts and the terminologies used in the banking sector but also gives an insight into the legal aspects and the paper work required for final sanction of a loan proposal.
The report deals with a clear understanding of the lending procedures followed by Indian Overseas Bank. It not only explains the basic concepts and the terminologies used in the banking sector but also gives an insight into the legal aspects and the paper work required for final sanction of a loan proposal.
How to Split Bills in the Odoo 17 POS ModuleCeline George
Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Ethnobotany and Ethnopharmacology:
Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
1. Financial Management
TOPIC
Jl IKPN Bintaro No 1, Pesanggrahan,
Tanah Kusir, Jakarta, Special Capital
Region of Jakarta 12330, Indonesia
ALLOCATING INDIRECT
COSTS TO REVENUE
AREAS
2. i
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Allocating Indirect Cost to Revenue Area
One of the difficulties in allocating indirect costs is determining the correct basis to be used to apportion indi-
rect costs to each sales revenue department or division. Some of the methods that could be used were discussed
in Chapter 2. If the allocation of indirect costs is made using an incorrect basis, then incor- rect decisions
could be made. If the correct allocation basis were used, then pre- sumably the incorrect decisions would not
be made.
Consider the following restaurant complex that has two main sales revenue outlets, a dining room and a snack
bar. Sales revenue and direct costs for each sales area and indirect costs that have not been distributed are
shown below for a typical month; an average monthly operating income for the total operation is stated at
$12,000.
