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Questions answered by MyBizCoach  Australia   (Expert Rank: 2264) Member has an expert rating of 100+
 

What is activity based costing?

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Question found in Accountancy/Accounting
Activity-based costing (ABC) is a method of allocating costs to products and services. It is generally used as a tool for planning and control.

ABC as it is called, is used primarily in manufacturing environments to generate meaningful information by which managers can make decisions. Each activity receives an attributed cost in the production of a product and related services. These costs are tallied up and compared across a range of products. It becomes possible using this method to identify products whose production is more costly than others. It is also useful for comparing the costs of meeting demands of one customer versus another customer.

With traditional cost accounting methods, it is difficult to attribute costs in an accurate fashion. A blanket percentage is used.

For a very simplified example, let's take a simplified production process:
Product A- A blue bottle filled with 50 capsules.
Product B- A green bottle filled with 50 capsules.

Let's say that we produce 1000 finished bottles in a day. 500 of product A and 500 of product B. Let's say that labor costs are $1000.

With traditional cost accounting, we would take the labor costs and attribute them evenly over these two products. We say it costs us $1 per bottle in overheads. How much do we charge the customer to buy each bottle? Let's say $2 each. That would be $1 for the labor, say 50c for materials and everything else, and 50c profit per bottle. Sounds great! But wait!

With ABC we look in more detail. By looking in more detail we discover that it takes 4 times the manpower (for whatever reasons) to assemble product A than it does product B. By applying the labor costs to the products produced, we discover that it costs us $800 in labor to produce 500 bottles of product A. Whereas it costs us only $200 in labor to produce 500 bottles of Product B. That is $1.60 per bottle of Product A vs. 40c per bottle of Product B.

If we continue to sell product A at $2 a bottle it means that the 1.60 labor + 50c in materials and everything else already adds up to $2.10! If we sell each bottle for $2, we lose 10c on each one!

Conversely, if we continue to sell product B at $2 a bottle, it means that the 40c labor + 50c in materials and everything else adds up to 90c per bottle! We are making $1.10 profit on each bottle!

Which product should we sell? A or B? If a competitor begins selling their brand of product B at $1.50 per bottle, can we compete? Is it worth matching or undercutting their price?

With this finer level of information available, management can make better decisions about whether it is worth it to make product A. Perhaps they should charge substantially more for product A. Is there a way to reduce the manpower necessary to produce product A? These questions are possible because the more refined information is available to managers through Activity Based Costing.

More information is available here: http://en.wikipedia.org/wiki/Activity_Based_Costing

Cheers!

~MyBizCoach




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How do I get my Fiance to stop his jealous behavior. I told him way too much about my past relationships and he won't stop dwelling on them now? It is ruining our relationship.

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Question found in Intimate Relationships
Jealousy comes from an attitude of ownership.

Jealousy comes from a lack of trust, a deep belief that the partner, if left to their own choices, will choose to be with someone else.

It gradually expresses itself in deeper and more harmful ways. The jealousy is not the issue. There is a far more important one.

Each of us makes choices every day. Those choices are exclusively ours to make. No matter what influences there are around us, ultimately we are responsible for the choices that we make.

Taking that to the level of a relationship, we see that every day each partner chooses to be with, or not be with the other. Whether just dating, or engaged, or married it makes no difference to the ability each of us has to choose at any moment to continue or abandon a relationship.

Your fiance has an underlying fear that you will choose to be with someone else.

To overcome this fear, it is important to set up some ground rules in your relationship. Promise to each other that you will be open, no matter what, about anything and everything in both directions. You to him and him to you. Promise that you will not judge each other but simply understand that opening to each other is a demonstration of loving each other and that concealing is a demonstration of not loving each other.

Promise to be totally honest with each other. This means the honest truth of what you feel and think and do. For example, promise that you will choose to be faithful to each other sexually. Promise that if at any time you choose to be with someone else, that you will come and tell your partner BEFORE that happens. Promise each other that the result of that choice will be that you will separate and end your relationship before being with someone else.

This may seem a bit odd. But, there are no ownership papers in this life. Each individual makes a choice each moment of each day what they will do. If we are going to share life with a willing and loving partner, we must realize that they are choosing to be with us and appreciate that choice.

In my personal case, my wife and I have the understanding that if either chooses to end our relationship at any moment, we simply need to say so. We promise to thank each other for the wonderful loving times that we have shared. If we are together one more day, we both realize that that is because we consciously choose to be together. I go out and do my things and bars and pubs and night clubs and she goes out to do her things. Neither of us has any doubt of the fidelity of the other. After all, if I want to be with someone else I can... if I end my relationship with her first. She can do exactly the same. We realize that this trust is the cement that binds us together.

In summary, set up rules in your relationship. Emphasize choice.


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I work at an animal clinic and absolutely love animals, but I have some underlying fear of large dogs, mainly breeds with a bad reputation (ie-Rottweilers, Pit Bulls, etc.). How can I get over this fear?

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Question found in Phobias
Hello gentle Lady of Shallott.

I'm glad to hear that your work is satisfying to you. It certainly is rewarding to work with those you love.

Your question is excellent. How can you overcome fear of these large dogs?

Your mind is a magnificent tool! Of course it is excellent at ensuring you survive. When you feel too cold, you find that goosebumps form even without any thought of your own. You have an innate ability to protect yourself. The mind simply automatically does what is necessary. Even in many cases we 'learn' sequences of thoughts whose aim is to protect ourselves. Much like learning to fear dogs 'with a bad reputation'.

We have the power to learn a different sequence of thoughts. One that both protects us from harm and still leaves us free to face things without fear.

I suggest that you investigate NLP (Neuro-Linguistic Programming) in your local area. Discover a practitioner who can help you to develop this new sequence of thoughts so that you feel safe even around big, bad dogs.

NLP is simple and effective in helping overcome phobias, often in one session.

Cheers!

~MyBizCoach

With regards to your

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What qualifications do I need to become a counsellor?

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Question found in Jobs & Careers
The title "counsellor" can apply to a number of different occupations such as Career Development Practitioner, Family Counsellor, Marriage Counsellor, Mediator. Each will have its own qualifications.

There are some personal qualities that one should possess before entering this field. These include:

* sympathetic and caring nature
* good communication skills
* maturity
* good life-coping skills.

What career options are available in counselling?

Many counsellors are self-employed in their own counselling practices. Alternatively, they may be employed by community service organisations, hospitals, schools and universities, clinics and government departments. Large corporations often employ counsellors who specialise in workplace or organisational counselling.

Generally, if you seek employment as a counsellor, you should be able to demonstrate a capacity or qualification for providing counselling services.

Among the common areas of specialisation for counsellors are rehabilitation counselling (assisting people with disabilities to attain individual rehabilitation goals, including return to paid employment) and guidance counselling (providing advice to students in schools or universities with regard to their studies, career choices, or personal lives). In some areas of counselling, additional qualifications or experience may be necessary to equip you to be employed in this area. For example, school counsellors are required to gain teaching qualifications, while mental health counsellors require a psychology degree.

Professional counsellors are tertiary-qualified with a background in psychology, social work, or behavioural science. They are able to draw on research from a number of different areas (such as psychology or sociology), combined with the practical people skills required to use this knowledge in direct interaction with an individual client.

Additional areas of specialisation are emerging all the time, from traditional areas of focus such as marriage or family counselling to new areas like genetic counselling (providing advice to prospective parents or surrogates based on genetic science). The point is that as the world in which we live continues to throw forward new challenges to people, new demands will be placed on counsellors to provide guidance in different areas of life.
What Personal Attributes are Utilised by Counsellors?

In general terms, employment as a counsellor in any of the areas described here is suited to someone who is:

* A good problem solver;
* A strong communicator, with highly developed liaison and negotiation skills;
* Able to offer non-judgemental support;
* Able to relate to people from different backgrounds;
* Able to work both individually and as part of a team;
* Capable of demonstrating sound coping skills;
* Capable of taking a responsible approach to problems faced by other people;
* Empathetic, caring, mature and tactful;
* Respectful of others, with a legitimate concern for their personal welfare;
* Skilled at counselling and at providing assessments of people and their needs.

Cheers!

~MyBizCoach

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Why do guys look at porn?

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Question found in People & Relationships In General
Great question Charlotte!

First, perhaps they are actually reading the articles.(ha!)

Second, looking at porn arouses them sexually.

Third, porn fuels fantasies and visual stimulation while masturbating.

There is something in the male of our species that is highly receptive to visual sexual stimuli. Men tend to be more affected by visual stimuli than women.

There is a certain aura of intimacy in seeing a woman naked or engaged in sexually enticing acts or full on having sex. These are things covered up in our society. They are hidden from view. So, uncovering them and taking a peak without being publicly exposed is enticing.

Virtually all men masturbate. Photos, videos, films and magazines all fuel the experience. It's really nothing personal. It's quite a primal response not tied into love and nurture and responsibility and all of that. It's more cavemanish, "Me want woman" kind of thing.

Looking at porn in and of itself doesn't diminish the emotional depth and love that a man has for his partner. It is simply a method of releasing natural sexual urges while remaining unattached to anyone in the pictures. As an alternative, are you willing to pose and do everything the people in the pictures are willing to do for your partner's sexual arousal? Probably not.

Porn is a safe and readily accessible stimulant. Encourage your partner to use it. Whether you encourage it or not, he most likely will anyway.

Cheers!

~MyBizCoach



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What are the best questions to ask when conducting an interview?

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Question found in Interview Advice
Do your homework first.

View the interview as only one step in a sequence of events to select and train the right person for the job.

Develop a very clear idea of what skills, experience, qualifications this individual will need. The resume is great to be able to compare and evaluate applicants in these areas.

Equally, if not more important, are the applicant's attitude and 'soft skills'. Be sure that you have a very well-defined list of attitudes and soft skills that the successful applicant must have.

I use a behavioural diagnostic instrument to define these. The DISC Behavioural profiling system is very useful in categorizing successful attitudes relative to different positions and job responsibilities. Using the appropriate profile will guide you to develop questions to be able to rate each applicant on those particular qualities.

I would go so far as to recommend that each reasonably acceptable applicant be given the DISC behavioural profile as a step in the selection process. This information is incredibly valuable in selecting the best applicant for a the position.

In summary, the interview exists to allow the interviewer to compare each applicants behaviour and responses against a pre-defined set of criteria. The questions that are 'best' to ask are precisely the questions that will help you identify how well they suit this set of criteria.

Using the method of hiring I teach my clients, they are able to hire the right person in under four hours total!

Cheers!

~MyBizCoach
mybizcoach@gmail.com

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How can I keep my home page on my computer from being changed automatically without my consent?

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Question found in Internet In General
I resolved this issue quite easily by installing the free Spybot Search and Destroy. (Available here http://www.safer-networking.org/en/download/)

Just by installing the software won't resolve the issue. When you have Spybot S&D running, select advanced mode. Go through the settings and select the homepage you want. Once you select a homepage here, the program will not allow a program to change your homepage. If one attempts to do so, it will pop up a window asking if you want to allow the change.

Cheers!

~MyBizCoach

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Whoa, something a bit different this time; I have a question for you guys! Crazy, huh? (Actually, I have two related questions, feel free to read one or both).

Oh and before I start, just to say; I'm an atheist, but am genuinely interested in hearing the answers to these questions. These are essentially a couple of "holes" I've seen in Christianity which I'm sure are simply a matter of my own ignorance, and I strive to eradicate ignorance in myself whenever possible, so please excuse me if these seem hostile; that is not the intent.

OK, it's basically this;

Firstly, with a lot of Bible passages, there is some debate as to whether or not they are supposed to be taken literally or not, whether they are real or a metaphor. So if we know (or believe) some passages are not meant to be taken literally, how can we trust any passages to be taken seriously? How can we be sure the entire book isn't essentially a book of fables?

Secondly, it is often stated that we shouldn't question God, as God is all wise, all powerful, and generally we can't begin to understand his plans. So in this case, as the Bible is often said to be a message from God to us, how do we know it isn't lies? What if having the Bible say what it does is simply part of His plan, even though it isn't actual the truth?

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Question found in Religion & Spirituality In General
Very interesting questions indeed!

My viewpoint is exactly that: my viewpoint. It is not meant to enflame ill feelings, it is simply my way of expressing my own thoughts on these matters.

[i]OK, it's basically this; Firstly, with a lot of Bible passages, there is some debate as to whether or not they are supposed to be taken literally or not, whether they are real or a metaphor. So if we know (or believe) some passages are not meant to be taken literally, how can we trust any passages to be taken seriously? How can we be sure the entire book isn't essentially a book of fables?[/i]

Let's look at a larger view of humanity that encompasses all people in all ages. What has the usefulness of these particular writings been to them over time? To some it has been a way of perpetuating a system of beliefs and morals for many generations. To others, it has been destruction and utter annihilation. These writings are, as all religious writings are, developed by their authors with positive intentions to benefit the reader.

If I write that God is a Turtle and in some way that gives strength to generations of people in overcoming adversity and extinction, then that would be a pretty useful thing to write. It may or may not be true. The fact that it helps those who believe it makes it useful.

If I say that God told me to tell you that He is the Great Turtle and that anyone who opposes me opposes Him, I would be in a position of power. This is especially true if I create a fervent following that kills anyone who opposes my words. I could then create even the most ridiculous of rules and claim The Great Turtle said to make it so. If very solemn ceremonies, sacrifices and whole hierarchies were developed to support our praise of The Great Turtle, the concept of Him grows more solid.

If you don't believe me, then you become a non-believer. The punishment for non-believers is either death, if my followers can get to you, or hellfire and damnation if they can't. Of course, you can always try to convince everyone that The Great Turtle doesn't really exist. Those who believe know that this is a test sent by The Great Turtle to test their faith in Him.

Essentially, the Bible is a collection of books meant to solidify a belief system. Each author had a different point of view and a different method of expanding on the concept. Fable or not, literal or fabricated, the thrust is that it is supposed to be self-supporting, self-substantiating. Is the Bible true? Of course! The Bible tells us so.

[i]Secondly, it is often stated that we shouldn't question God, as God is all wise, all powerful, and generally we can't begin to understand his plans. So in this case, as the Bible is often said to be a message from God to us, how do we know it isn't lies? What if having the Bible say what it does is simply part of His plan, even though it isn't actual the truth?[/i]

Questioning The Great Turtle is forbidden. Those who question are non-believers and shall be punished with weeping, wailing and gnashing of teeth. What kind of leader would I be if I allowed my people to question everything I say? I must make it absolute and unquestionable. Otherwise it will be changed very quickly and won't guide my people in the path of The Most Holy Turtle.

Likewise, the Bible must be beyond reproach. God must be beyond reach and beyond question. The concept of not being able to understand God's plan is a classic limiter. It is designed so that those who try to understand will only identify inconsistencies and contradictions because that is the will of God. Even believers discover that they must 'take on faith' certain tenets of the religion. This ensures that followers are continuously dependent and powerless outside the realm of the religion.

Perhaps it is actually The Great Turtle's Plan to have made man create the Bible so that we could learn to not question Him and so that He would remain Nameless.

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How do I determine an IP address?

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Question found in Internet In General
If you are interested in getting the IP address of any computer with which you have a direct connection, or one that is trying to connect to you, use this method:

open notepad and enter the following in a blank document:

@echo.
@color 09
@netstat -n
@echo.
@pause

Then save this to your desktop as "GetIp.cmd"

Whenever you want to see what computers are connected to you, go to Start>Run
Browse to your Desktop
Select GetIp.cmd
Open
OK

If you are connected in a chat client like Yahoo! Instant Messenger, AIM, MSN etc, the IP address of the person in a pm window will appear in this list.

Of course, your IP address is listed as well.

Cheers!

~MyBizCoach

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I am 15 years old and for two years I have been haunted by what my cousin did to me when I was 9. He's 3/4 years older and he made me undo my trousers and touch me and made me touch him, also he used to kiss me roughly. Was this abuse? Its affected me quite badly recently, I've lost lots of weight and have started to have mood swings. I partially blocked it out until recently when my friends talk about their experiences, please help!

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Question found in Abuse & Recovery
Hello Claire! I'm glad that you asked about this. Thank you.

What immediately jumps out at me is that you are having weight loss and mood swings. Since this has been bugging you for the last couple of years or so, I think it is a very good time to talk with someone about it.

When memories of things start to affect you physically, it is time to talk with someone who can help.

I would suggest that you go to this website. It is absolutely chock full of information. but what is even better is that they have a confidential 1800 number where you can talk with someone who can answer your questions. They even have thousands of other resources available if you decide you would like to use them.

Try this website 1800Number

Please do call and let others know about what you are feeling. It can really make your life bright and full and happy.

Cheers!

~MyBizCoach

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