Accounting purpose

Weighing outgoing shipments for purposes of hilling and deterrnination of transportation charges Weighing interdepartmental material transfers for accounting purposes... 

It is important to reahze that the method used to value inventoiy for cost accounting purposes is not necessarily the one used to draw up the balance sheet and financial accounts. In this case, inventoiy is valued either at the cost given by another method or at the market value, whichever is lower. 

The administrative and R D expenses are overhead costs that are not directly affected by the amount of product produced, even though for accounting purposes they are figured as a percentage of the gross sales. Assume these remain the same per pound of product. 

Rq 4 Records of rentals are kept until they are no longer needed for statistical and accounting purposes. 

Cost center For accounting purposes, a grouping of equipment and facihties comprising a product manufacturing system. 

The use of the BOM is twofold. First, it provides a list of materials, lot numbers, and quantities for accounting purposes. Second, it provides a means by which production personnel can double check their own work. 

When organized efficiently, the cost-control system should require no more paperwork than for the normal construction procedure. The cost of cost control appears to vary between 0.2 and 0.5 percent of the total project value. Proper use of the normal records available for craft-labor time, warehouse-inventory control, and the usual accounting purposes should be adequate. The savings achieved by good cost control should far exceed the additional costs of operating the system. Additional details on the technique are given by H. C. Bauman (Fundamentals of Cost Engineering in the Chemical Industry, Van Nostrand Reinhold, New York, 1964, pp. 190-196). 

Summary report of the amount of each ingredient weighed Summary of the amount of formulas run Inventory of ingredients remaining in storage in various tanks Data transfer to main computer for accounting purposes... 

The indirect benefits of securitization will often more than compensate for its indirect costs. One of the most important indirect benefits is that asset securitization provides a source of off balance sheet funding. Because a securitization is usually viewed, for accounting purposes, as a sale of assets and not as financing, the originator does not record the transaction as a liability on its balance sheet. Such... 

Beginning with the year 1911, operating railroad companies were classified for statistical and accounting purposes with respect to their operating revenues by the Interstate Commerce Commission. 

Asset Any owned physical object (tangible) or right (intangible) having economic value to its owners an item or source of wealth with continuing benefits for future periods, expressed for accounting purposes in terms of its cost or other value (such as current replacement cost). 

Already when only coke oven gas was distributed, calorimeters became widely in use for quality control. Up to now calorimetry is the only officially permitted method to determine heating values. This is due to the fact, that relevant german law requires officially licensed and supervised equipment for measuring values, which are used directly or indirectly ( ) for accounting purposes. Cutler Hammer Calorimeters e.g. have such a hcense for FRG. 

For material accounting purposes, we can classify cleaning (unit) operations as follows " ... 

For accounting purposes, some PDl Studios are iabeied as engineering courses and others as H SS courses, even though all might be more appropriately labeled part engineering and part H SS. 

The definition of subsidiary is much wider than this. The Companies Act 1989 introduced two definitions, one for accounting purposes and one for other Companies Act purposes. 

Compensating fuel gas flow measurement for variations in pressure, temperature and molecular weight requires careful attention. Done for accounting purposes, it can seriously degrade the performance of fired heater and boiler control schemes. Chapter 10 presents fuU details on how it should be done. 

There exist gas turbine flowmeters for flows up to 4500 m h [4]. Linearity is 1% over a flow range of 20 1 [4]. Rangeabilities can be as much as 100 1. If one wants total volumes using flowmeters, for example for accounting purposes that require high accuracy, then the instantaneous measurement must be integrated with time. This can be accomplished with pneumatic or electrical counters. 

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