Category: Communication Skills Training

Marginal costing and its application

by

ExpertsMind

This is a well known idea of economic theory. It may be explained as the change in total cost which arises as a result of a decrease and increase by one unit in volume of output. Marginal cost is an amount at any specified volume of output by which aggregate costs are changed if the volume of output is decreased and increased by single unit.

Marginal cost is identical with variable costs, prime costs plus variable overheads in the short run but, in a way, would also consist of fixed cost in the planning production activities over a long time frame connecting an increase in the productive capacity of business. Thus in decision making troubles, marginal costs are associated to change in output under particular circumstances of a case.

Theoretically differential cost and marginal cost are the similar. If there is no modification in fixed cost then both these cost will be similar. Thus marginal cost does not consist of fixed cost at all whereas differential cost may comprise an element of fixed cost as well if fixed cost changes due to a decision.

Marginal costing is a very significant method of decision making. It is a moderately new area in the field of accounting but it is slowly gaining more and more acceptance. It is the technique of matching cost with revenue to conclude periodic income. It is the ascertainment of marginal cost and of the effect on profit of changes on volume or sort of output by differentiating variable cost and fixed costs. In this situation it is to be noted that it is not a system of costing like procedure or job costing but it is just an approach to the presentation of accounting information meaningful to management. In this all cost are separate into variable and fixed components. Only the variable costs are observed as product cost and are used to value inventory and cost of goods sold. The fixed cost is treated as period cost and is charged straight to loss and profit account. Thus no part of fixed manufacturing cost is delayed to the next period as inventory. While preparing a profit and loss account on marginal costing basis, the variable or marginal cost of sales is deducted from sales value and the difference is termed as contribution margin.

Marginal costing application in managerial decision making:

The method of marginal costing is a precious aid to management in taking several policy decisions. Following are the few troubles where managerial costing analysis is useful: 1) pricing of products: product pricing is generally considered to be a hard problem, particularly in non-repetitive production. The troubles are to associate the supply and demand in such cases marginal costing is very helpful. This method can assist management in fixing prices in such circumstances:

a) A trade depression in industry b) Dumping c) A seasonal fluctuations.

Eric is teacher having 6 years of experience in engineering and provides

managerial economics assignment Help

and

taxation accounting Assignment Help

to students studying in abroad universities.

Article Source:

Marginal costing and its application

Submitted by: Vikram KR

There areseveral 3D presentation software, which are considered the best and have become very popular owing to their many essential features and benefits. Prezi is the most popular 3D presentation software right now. It has a fair number of templates and a number of features that let you customize your presentations in any way you like. This software lets you collaborate with other presentations. Prezi comes in desktop versions for different OS. There is an option for editing your presentations offline and also choose presentations to sync and what you want to store on your hard disk. But for that you will have to be a premium subscriber. Prezi is free but the premium subscription comes for a minimal rate. Arguably, the best 3D presentation software of 2016.

Powtoon lets you create videos and 3D presentation that are completely animated. However, you can use this software without any knowledge of animations due to its simple and intuitive interface. The newer versions of powtoon lets you create fully-fledged animated presentations. Initially it only let one create cartoon videos. It is the sole website that gives stiff competition to the others. You can also share them on you tube. The pro versions start at 19 dollars per month. The free version comes with a powtoon watermark that is not there in the paid version.

Among the best 3D presentation software 2016 is also, Empresser. It is old but free creating 3D presentation online. Lets the users embed presentations on blogs or social networks. Supports 3D transitions allows importing media from sites. This is an all-rounder but lacks interface. Google slides is Googles PowerPoint equivalent and are the best for creating online presentations. It may not be as efficient but is stable and free. It also has thousands of templates from Google slides and extensions from Google drive. Google slides let the software collaborate with contacts. Slides are software optimized for touch screen so using it on smart phone or tablet is hassle free. The slides are stored as html so the markup can be easily edited. They have customizable themes and, even include custom style sheets. They let users export presentations as pdfs. Slides are free but they need one to become a pro member and memberships are slightly expensive. Go animate another video presentation creator has features like drag and drop editors. The videos made on go animate can be shared on you tube. They can also be downloaded for offline viewing.

Haiku deck is among the best 3D presentation software of 2016 that is powered by artificial intelligence. It lets the users create instant presentations. It makes story telling fun and simple. It has an apple app and the web version is accessible from anywhere. After a basic membership charge, the software is free. Slide dog though not technically a presentation tool. With this software there are features like streaming online chat and remote control feature. It lets the user combine different presentations like prezi, PowerPoint or pdf. This software is explicably more expensive because of the use of artificial intelligence to create 3D presentations.

About the Author: Are you tired of normal presentations? Why not try

prezent3d.com

3d presentations ?These were the

prezent3d.com/3d-presentation-software.php

The Best 3d Presentation Software of 2016.If you are trying to make your office presentations more interactive and amusing, Google, Microsoft and a variety of other companies, have just the thing for you: 3D presentation software.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=1946433&ca=Internet}

By Gilda Bonanno

One of the most common mistakes that speakers make is to go over their time limit. However, sometimes a speaker makes the opposite mistake, by not speaking long enough. A colleague recently sent me the following email describing her experience with a speaker who spoke too little.

“Hi, Gilda. I went to hear an author speak at a local independent bookstore. It wasn t a book signing it was a presentation. The author spoke for less than 10 minutes I d say about 7 minutes. Since it was a Saturday night and my husband and I had driven 20 minutes one way to see her, we were shocked. We expected much more something like a few minutes talking about her background and writing the book, then reading a chapter from the book, then a bit more about the topic of the book.”

Here are three things that you can do to ensure you’re not the speaker who shocks and annoys the audience by speaking too little:

1.Be clear about your time limit.

If you’re speaking at a meeting, event or conference, check with the organizer about how long you have to present. And check with the organizer again as the day approaches because things may have changed. Also check any marketing materials or invitations that were sent out to ensure that attendees’ expectations match your expectation of the time limit. In the above case, the speaker should have spoken longer or the event should have been advertised as “meet the author” only rather than as a “presentation by the author.”

2.Practice.

In order to know how long your presentation will take, you have to practice. And practice doesn’t mean sitting at your desk thinking about your presentation, looking at your notes or flipping through your slides. Practice means you say your presentation out loud, in as close to the real environment as possible. So if you’re going to give your presentation standing up at the front of the room, you should practice standing up at the front of a similar room, or ideally, the actual room that you will present in.

You are not trying to memorize your presentation word for word; your goals are to become comfortable with the content, be prepared to say it a few different ways and get a good idea of how long it will take.

3.Have extra material ready.

While it’s acceptable and even preferable to end a few minutes early, sometimes your presentation takes substantially less time than you practiced. This may happen because another speaker unexpectedly covered much of your content or the organizer reduced the scope of your presentation at the last minute. Whatever the reason, you should have extra content ready just in case. Have some good questions to ask, an additional exercise or handout, or a separate section of slides to use if needed.

When you’re trying to decide whether you should go to your extra material or just get done early, use the audience and the meeting organizer as your guides. Are the participants required to be in the meeting or conference session for a certain amount of time so they can get credit? Will they be shocked and annoyed if you end early? And if you decide to use your extra material, it shouldn’t be perceived as “fluff” or just filler material with no value.

If you follow these three tips, you won’t be the speaker who shocks and annoys the audience by speaking for substantially less time than expected. And you’ll be better prepared to meet the audience’s expectations of high-value content within the expected time frame

About the Author: Gilda Bonanno is a speaker, trainer and coach who helps people from all walks of life improve their communication and presentation skills. Receive a FREE Special Report, “Six Mistakes to Avoid in Public Speaking, So Your Presentation Sparkles” by visiting

gildabonanno.com/newsletter.aspx>

You’ll also be subscribed to Gilda’s free twice-monthly e-newsletter containing presentation skills tips.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=477740&ca=Business

Modeler Design – Letting Your Presentation Come to Life!

by

Jane Howardski

Using the right modeler design software will help you capture the attention of your customer – that is great for business. Invest in the right design software and keep your customers coming.

If you prefer a realist looking presentation when convincing your visitors, using modeler design software is a method to go. Space Claim modeling software programs are undoubtedly the fastest modeler that’s available and will offer the chance to interact quickly and directly with your clients. Many people respond to pictures and prefer to see a demonstration instead of attempting to decipher technical jargons that they are not at all thinking about understanding. You must know that despite the fact that many people respond to pictures, it doesn’t imply that the diagrams should bore them stiff. Many clients can get tired looking at a 1 dimensional presentation and might leave – that’s, if they don’t drift off during the presentation itself. Agreed, 3D is the rave, but using the old fashioned method can lead to build errors or make you have a problem with complex constraints. Modeler design software like the Space Claim Direct Modeling design software programs are what you need to avoid rebuild errors or complex constraints that are usually linked to the conventional CAD when you are performing 3D designs. Yes, direct modeling delivers 3D to every and every engineer. Space Claim design software programs are very easy to understand and also very easy to make use of that each engineer – not just the CAD experts – are now able to confidently create, edit as well as exchange 3D models.Are you wondering why you should invest your resources into obtaining the SpaceClaim Modeler design software? Space Claim design software offers a large amount of benefits that can’t be ignored. Here are a couple of advantages that Space Claim has offered users: ? Helps you to win more business from prospective clients by simply including convincing, realistic concepts within the bids that you simply present. ? Reduce time you’d normally spend on preparing models for FEA & CFD.? Enhances your design by simulating many earlier in the product’s development stage.? Immediately re-mix past CAD models into new release models.The SpaceClaim Modeler design software is designed for engineers and designers who would like to have a tool that’ll be effective for simulation driven product design for the following: ? Bid modeling ? Industrial design ? Concept modeling ? Jewelry design ? CAE model preparation ? Prototyping & manufacturing Your clients can easily see a specific item if you just take advantage of the Space Claim modeling software – go ahead and take hint!XPT Associates

is SpaceClaim’s technology partner and the reliable firm where you can find SpaceClaim’s

modeler design

software. XPT Associates also offers a wide range of integrated training, design services and consultancy to Northern Europe and the UK’s engineering sector.

Article Source:

Modeler Design – Letting Your Presentation Come to Life!}