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British Land is the leading company in UK for providing commercial property related services and it is focussed on London retail and high quality retail. The main strategy of the company is to deliver the places that meet the requirement of the customers and it takes the responsibility for changing the lifestyle places that are preferred by the people. The company’s portfolio delivers attractive places for sho...
The main objective of the report is to suggest other cost models as against the traditional costing methods as the traditional method uses the labour hour rate or machine hour rate for allocating the overheads. Therefore, the traditional costing method is regarded as outdated systems and is receiving various criticisms in recent times. The report will focus on other cost allocation system that is more systematic and u...
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Traditional costing is the assignment of the overheads to the products based on the volume or consumption of production resources. as per this method the allocation is generally made on the basis of uses of machine hours or consumption of direct labour hours. Major disadvantage of the traditional approach is that the overhead may be higher as compared to the allocated overheads and therefore small changes in consumption ...
Sky plc is a European media and telecommunication company which is situated in London, UK. The key products of the company are direct broadcast satellite, broadband, telephony services, broadcasting, pay television etc. the total revenue of the company was € 12.916 billion in 2017. Currently, 21 million subscribers are entertained by the company and 30,000 people are employed by the company (Home, 2018). The company...
The objective of various firms is to make profit which is essentially fulfilled by selling goods or services at a price higher than the underlying cost. As a result, the price is typically determined taking into consideration the input costs. The process of accumulating the various costs to determine the unit costs is known as costing. There are two main approaches to costing namely the traditional approach (where absorpt...
Costing is considered as an integral part of the accounting of the companies as it helps in the determination of the cost of products or services so that desired profit can be obtained. There are many costing methods available for the companies like Traditional Costing, Activity Based Costing (ABC) and others. Among all these costing methods, the popularity of ABC can be seen due to its simplicity in determining...
This report is prepared for making and conclusion regarding the financial position of the company by making ratio analysis of company’s financial statement for the period ending on 31 December 2017 and comparing those ratios calculated from the financial statement for the period ending on 31 December 2016.
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British American Tobacco is a British company with earns revenue selling various brands of ...
Hikma Pharmaceutical Plc was formed with the objective of transforming the lives of the people through delivering quality support and medicines they require on daily basis. The company manufactures, develops and markets wide range of non-branded as well as branded generic medicines. Further the company creates affordable and high quality medicines and makes them accessible to the people who require them. The therape...
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