Management Accounting - Costs On A Departmental Basis

Dealing with overhead costs on a departmental basis

In previous posts we've addressed what full costing is and how overheads can be applied in different ways. Now it's time to talk about how the overheads can be sorted into departments.

Think about a medium to large sized business. They are often separated into departments, for example, sales, customer service, manufacturing etc. So what if, when a product's cost is calculated, the overheads were allocated depending on how long the product spends in a certain department?

Instead of departments, we'll refer to the different business areas as cost centres. There can be two types of these:

Software Engineering – Object-Oriented Modelling

So, this is it. This is the post that ties all the previous three together! That is:

1. Class Modelling


2. Functional Modelling


3. Behavioural Modelling

So lets have a look then shall we at Object-Oriented Modelling :)

Software Engineering – The Behavioural Model

this post is the final post of the three main modelling systems in Software Engineering. So far we have seen Class and Functional Modelling; now it’s time to take a look at Behavioural Modelling! :)

Software Engineering – The Functional Model

In this post we talk all about Functional Modelling. This post is a semi-continuation from the previous one on Class Modelling.

Software Engineering – The Class Model

Hey everyone it’s Badgerati again :D Sorry i haven't exactly posted anything in 3 weeks… But if everything goes to plan, there should be 3 updates tonight!

So, lets get them all started with Class Modelling! :)

Globalisation - Skepticism

Skepticism

There are plenty of people who doubt that we live in a globalised society. There are 9 main points to their arguments. This post will outline each of the points in turn.

Globalisation isn't a new thing

The most famous text to give this argument is 'Globalization in Question' by Hirst and Thompson. One of their main points is that international trade has been around in history for a while and isn't new. You might they say have a point. Spices and fabrics and things of that nature have been shipped all over the world for centuries. The banana was first brought to Britain in the 1800s.

Globalisation - Introduction

Introduction to globalisation

http://en.wikipedia.org/wiki/Globalization

Globalisation (Note: You might see it spelt with a 'Z'.. American spelling) is pretty much the spread of a uniformity that eliminates cultural nuances and creates a standardisation.

Think about 40 years ago. If you lived in the UK, were out and wanted a hamburger, the only available fast food chain was Wimpy, famed for it's horribly named 'Bender Burger'. But basically, that was the only place you could go. And it was innately British: The food came with a knife and fork, and on a plate. I wasn't born back then but I can only assume it completed the British theme by having the food brought to you by a comically rude waiter who is inexplicably upper class. Basil Fawlty was probably involved. But what I'm trying to get at is that it was definitely a British thing.