The algorithm by LabSense that dream to replace the editors

Milliseconds to write a page containing 1 500 characters? So says LabSense can do a Parisian start-up that developed an automated content writing technology. "Our algorithm uses the data available to a company, makes it intelligible and turns it into natural language," says Edouard de Ménibus, the co-founder of the company.

If one thinks of the press, it is above all other Web target sectors of society. Of these, e-tailers who need content for their datasheets, online directories, or pollsters for the presentation of their studies. "A client who sells 300,000 hotels worldwide deals wanted a single sheet for each establishment. Once the settings made, we had a night of machine time to draft 300,000 sheets, "says de Ménibus.

The solution is sold on estimate, according to the choice of style, web optimization related settings, text or regeneration ... the level of quality control. After 24 months of R & D, LabSense born in 2011 and marketing began in late 2012. Former consultant, "the idea has matured in contact with my clients through my consultancy. I worked for media companies to digitize and cost reduction issues, "said Edouard de Ménibus. Article is Based on Frenchweb.fr.

Manufacturing Consultants Inc Statement of Cost of Goods Sold

Statement of Cost of Goods Sold. The accountant of the Manufacturing Consultants Inc. has submitted the following summary to the executive management:

Inventories at September 1,20XX

Raw materials                                                 $36,000
Work in process                                              1 5,000
Fuel                                                                   3,400
Factory repair parts                                           2,600
Finished goods                                                 12,000       $ 69,000

Raw materials purchases                                $58,000
Fuel purchases                                                  5,200
Direct labor                                                     83,100
Miscellaneous factory overhead                         2,300
Repairs to factory (including purchase of parts)  4,200
Depreciation of plant                                         2,700
Superintendence                                                2,200
Transportation out                                             1,100
Purchases discounts lost                                       800
Indirect factory labor                                           2,000         161,600
Total costs $230,600
Inventories at September 30, 20XX
Raw materials                                               $40,000
Work in process                                             12,000
Fuel                                                                 2,000
Factory repair parts                                         2,800
Finished goods                                              14,000               70,800
Total                                                                                    $159,800

Required: The management of Manufacturing Consultants Inc returns the summary with the request for a statement showing cost of goods sold in proper form.

What is budget slack?

When budgets are used for performance evaluations, management often encounters the problem of budget slack. Budget slack is the intentional underestimation of revenues and/or overestimation of expenses. 

Slack can be incorporated into the budget during the development process in a participatory budget. A participatory budget is developed through joint decision making by top management and operating personnel. However, slack is not often found in imposed budgets.

Imposed budgets are prepared by top management with little or no input from operating personnel. After the budget is developed, operating personnel are informed of the budget goals and constraints.

Having budget  slack allows  subordinate managers  to achieve  their objectives with less effort than would be necessary without the slack. Slack also creates probems because of  the  significant  interaction of  the budget  factors. For example,  if sales volumes are understated or overstated, problems can arise in the production, purchasing, and personnel areas.

Thematic Apperception Test (TAT)

McClelland proposes a learned needs model of motivation that he believed to be rooted in culture. He argued that everyone has three particularly important needs: for achievement, affiliation, and power. 

 

His achievement motivation model states that people are motivated according to the strength of their desire either to perform in terms of a standard of excellence or to succeed in competitive situations.


McClelland used the Thematic Apperception Test (TAT). The TAT uses unstructured pictures that may arouse many kinds of reactions in the person being tested. 

 

Examples include an inkblot that a person can perceive as many different objects or a picture that can generate a variety of stories. There is no right or wrong answer, and the person isn’t given a limited set of alternatives from which to choose. 

 

A major goal of the TAT is to obtain the individual’s own perception of the world.

Business process reengineering (BPR)

Business process reengineering (BPR) is a method of examining processes to identify, and then eliminate, reduce, or replace functions and processes that add little customer value to products or services. The focus of BPR is on discrete initiatives to improve specific processes. Examples of processes include handling or storing purchased materials and components, issuing checks to pay labor and other production expenses, wrapping finished products for shipment to customers, recording journal entries, and developing an organizational strategic plan.

BPR is designed to bring radical changes to an organization’s operations; BPR is often associated with employee layoffs, outsourcing initiatives, and technology acquisition. Three major business trends are promoting the increased use of BPR in the 21st century.

The foremost trend is the modernization of technology. Neither the electronic remittance of trade and accounts payable nor the use of robotic equipments to move and assemble components in a manufacturing facility were possible 50 years ago. Both of these are commonly done nowadays, even in small companies, because of technological advancements. Because BPR focuses on alternative means to execute necessary organizational functions, it is useful in automating processes that cannot be eliminated. Advancements in technology have improved efficiencies throughout the supply chain. The feasibility of automating processes is constantly changing because technology is constantly evolving.

Top Ten Technologies Affecting Certified Public Accountants

1. Net-enabled applications: Internet/intranet/extranet—these applications run the gamut from e-mail to sophisticated supply chain communications

2. Messaging applications: e-mail, voicemail, and universal inbox 

3. Document management: electronic storage and retrieval of documents

4. Business process re-engineering: major changes in how a company operates

5. Telecommuting applications: applications allowing work outside the office

6. Electronic commerce: business conducted over the Internet

7. Electronic document submission: IRS and SEC filings

8. Video conferencing: real-time meetings in the virtual office

9. Self-service applications: technology that lets you do it yourself

10. Collaborative computing applications: different applications working together and sharing information

Four levels at which conflict can occur in organizations

Conflict can occur at four different levels within organizations: 

1. intrapersonal, 
2. interpersonal, 
3. intragroup, and 
4. intergroup. 

 

Intrapersonal conflict occurs within an individual and often involves some form of goal, cognitive, or affective conflict. Examples include approach-approach, avoidance-avoidance, and approach-avoidance conflicts. 

 

Interpersonal conflict occurs when two or more individuals perceive that their attitudes, behaviors, or preferred goals are in opposition. Examples include role conflict (intrasender, intersender, interrole, and person-role) and role ambiguity. 

 

Intragroup conflict refers to disputes among some or all of a group's members, which often affect the group's dynamics and effectiveness. An example would be conflicts among members of a family in a family-run business. 

 

Intergroup conflict refers to opposition, disagreements, and disputes between groups or teams. Examples include vertical conflict, horizontal conflict, line-staff conflict, and diversity-based conflict.

Material Yield Variance calculation

Direct Material Yield Variance

Direct material yield variance is the artifact of the standard assess apiece component of express material and the difference concerning standard quantity of express material permissible representing genuine production and the standard mix quantity of express material. Standard mix quantity is the sum quantity of two or more types of express resources which, if miscellaneous in the standard ratio, would declare been consumed on the genuine quantity of the artifact produced. Direct material yield variance can be calculated just representing a artifact made from two or more express resources. The formula is:
DM Yield Variance = ( SQ − SM ) × SP

Where,
   SQ is the standard quantity of express material
   SM is the standard mix quantity of material used
   SP is the standard assess apiece component of express material used

 Home > Managerial Accounting > Standard Costing > DM Mix Variance
       
Direct Material Mix Variance

Direct material mix variance is the artifact of the standard assess apiece component of express material and the difference concerning standard mix quantity and genuine quantity of express material used. Standard mix quantity is the quantity of a regard express material which, if miscellaneous with single of more uncommon resources in a standard ratio, would declare been consumed on the genuine quantity of a artifact produced. Direct material mix variance can be calculated just representing a artifact having two or more input resources. The formula is:
DM Mix Variance = ( SM − AQ ) × SP

Where,
   SM is the standard mix quantity of express material
   AQ is the genuine quantity of material used
   SP is the standard assess apiece component of express material used

Direct Material Mix Variance calculation

Direct Material Yield Variance

Direct material yield variance is the artifact of the standard assess apiece component of express material and the difference concerning standard quantity of express material permissible representing genuine production and the standard mix quantity of express material. Standard mix quantity is the sum quantity of two or more types of express resources which, if miscellaneous in the standard ratio, would declare been consumed on the genuine quantity of the artifact produced. Direct material yield variance can be calculated just representing a artifact made from two or more express resources. The formula is:
DM Yield Variance = ( SQ − SM ) × SP

Where,
   SQ is the standard quantity of express material
   SM is the standard mix quantity of material used
   SP is the standard assess apiece component of express material used

 Home > Managerial Accounting > Standard Costing > DM Mix Variance
       
Direct Material Mix Variance

Direct material mix variance is the artifact of the standard assess apiece component of express material and the difference concerning standard mix quantity and genuine quantity of express material used. Standard mix quantity is the quantity of a regard express material which, if miscellaneous with single of more uncommon resources in a standard ratio, would declare been consumed on the genuine quantity of a artifact produced. Direct material mix variance can be calculated just representing a artifact having two or more input resources. The formula is:
DM Mix Variance = ( SM − AQ ) × SP

Where,
   SM is the standard mix quantity of express material
   AQ is the genuine quantity of material used
   SP is the standard assess apiece component of express material used

How sales quantity variance is measured?

Sales variance is the difference stuck between definite sales and financial plan sales. It is used to determine the performance of a sales function, and/or consider occupational results to better understand bazaar conditions.

There are two reasons definite sales can vary from intended sales: Either the volume sold varied from design (sales volume variance), or sales were next to a sundry estimate from could you repeat that? Was intended (sales estimate variance). Both scenarios might too at once add to the variance.

For illustration: The design was to persuade somebody to buy 5 widgets next to $3 apiece, instead of a budgeted sales of: (5*$3)=$15. Voguish veracity, 6 widgets were sold next to $2 apiece, instead of an definite sales of: (6*$2)=$12. The add up to variance was in this fashion ($12-$15)=$3 (U)nfavourable or minus $3, since add up to sales was take away than intended.
Sales estimate variance

Sales Price Variance: The sales estimate variance reveals the difference in add up to revenue caused by charging a sundry advertising estimate from the intended or standard estimate. The sales estimate variance is calculated as: Actual quantity sold * (actual advertising estimate - intended advertising price). Voguish the illustration, the sales estimate variance was 6*($2-$3)= -$6 (U)nfavourable or minus $6, since the sales estimate was take away than intended.
Sales volume variance

Sales Volume Variance is calculated as: Budgeted creature result contribution margin for each unit*(actual sales volume-budgeted sales volume)

Sales Volume Variance is extend sub-divided into two variances.

    Sales Mix Variance
    Sales Quantity Variance

Total variance

The add up to variance can in this fashion be seen algebraically to be (minus $6) plus (plus $3), giving (minus $3). Or: -6+3=-3.

This conclusion tells us with the purpose of the unhelpful effect of advertising next to a inferior estimate was twice the helpful effect of advertising next to a advanced volume than intended. This might gain occurred somewhere prices were lowered to intensify volume, but definite volume increases did not be acquainted with expectations, perhaps due to competitors too harsh their prices, or changes in customer preferences.

How Sales Mix Variance is computed?

Sales variance is the difference involving real sales and financial statement sales. It is used to rate the performance of a sales function, and/or explore enterprise results to better understand promote conditions.

There are two reasons real sales can vary from designed sales: Either the volume sold varied from chart (sales volume variance), or sales were by a unusual worth from come again? Was designed (sales worth variance). Both scenarios may possibly as well in chorus donate to the variance.

For model: The chart was to be bought 5 widgets by $3 all, intended for a budgeted sales of: (5*$3)=$15. All the rage actuality, 6 widgets were sold by $2 all, intended for an real sales of: (6*$2)=$12. The full variance was therefore ($12-$15)=$3 (U)nfavourable or minus $3, since full sales was fewer than designed.
Sales worth variance

Sales Price Variance: The sales worth variance reveals the difference in full revenue caused by charging a unusual promotion worth from the designed or standard worth. The sales worth variance is calculated as: Actual quantity sold * (actual promotion worth - designed promotion price). All the rage the model, the sales worth variance was 6*($2-$3)= -$6 (U)nfavourable or minus $6, since the sales worth was fewer than designed.
Sales volume variance

Sales Volume Variance is calculated as: Budgeted characteristic manufactured goods contribution margin for every unit*(actual sales volume-budgeted sales volume)

Sales Volume Variance is supplementary sub-divided into two variances.

    Sales Mix Variance
    Sales Quantity Variance

Total variance

The full variance can therefore be seen algebraically to be (minus $6) plus (plus $3), giving (minus $3). Or: -6+3=-3.

This product tells us with the intention of the unconstructive effect of promotion by a let fall worth was twice the activist effect of promotion by a elevated volume than designed. This might give birth to occurred everywhere prices were lowered to upsurge volume, but real volume increases did not be introduced to expectations, perhaps due to competitors as well callous their prices, or changes in customer preferences.

Sales Price Variance calculation formula

Sales variance is the difference amid authentic sales and financial plan sales. It is used to calculate the performance of a sales function, and/or investigate transaction results to better understand advertise conditions.

There are two reasons authentic sales can vary from designed sales: Either the volume sold varied from mean (sales volume variance), or sales were next to a discrete set a price from come again? Was designed (sales set a price variance). Both scenarios can furthermore in chorus be part of the cause to the variance.

For illustration: The mean was to sell like hot cakes 5 widgets next to $3 apiece, representing a budgeted sales of: (5*$3)=$15. During certainty, 6 widgets were sold next to $2 apiece, representing an authentic sales of: (6*$2)=$12. The out-and-out variance was therefore ($12-$15)=$3 (U)nfavourable or minus $3, since out-and-out sales was a reduced amount of than designed.
Sales set a price variance

Sales Price Variance: The sales set a price variance reveals the difference in out-and-out revenue caused by charging a discrete advertising set a price from the designed or standard set a price. The sales set a price variance is calculated as: Actual quantity sold * (actual advertising set a price - designed advertising price). During the illustration, the sales set a price variance was 6*($2-$3)= -$6 (U)nfavourable or minus $6, since the sales set a price was a reduced amount of than designed.
Sales volume variance

Sales Volume Variance is calculated as: Budgeted distinctive merchandise contribution margin for every unit*(actual sales volume-budgeted sales volume)

Sales Volume Variance is foster sub-divided into two variances.

    Sales Mix Variance
    Sales Quantity Variance

Total variance

The out-and-out variance can therefore be seen algebraically to be (minus $6) plus (plus $3), giving (minus $3). Or: -6+3=-3.

This effect tells us to facilitate the unconstructive effect of advertising next to a sink set a price was twice the upbeat effect of advertising next to a senior volume than designed. This might own occurred wherever prices were lowered to spread volume, but authentic volume increases did not touch expectations, perhaps due to competitors furthermore callous their prices, or changes in customer preferences.

How Sales variace is computed in Managerial Accounting?

Sales variance is the difference concerning real sales and funds sales. It is used to degree the performance of a sales function, and/or evaluate issue results to better understand promote conditions.

There are two reasons real sales can vary from considered sales: Either the volume sold varied from table (sales volume variance), or sales were by the side of a various penalty from what did you say? Was considered (sales penalty variance). Both scenarios may possibly as well all together make a payment to the variance.

How Sales variace is computed:

For exemplar: The table was to wholesale 5 widgets by the side of $3 every, designed for a budgeted sales of: (5*$3)=$15. Into actuality, 6 widgets were sold by the side of $2 every, designed for an real sales of: (6*$2)=$12. The complete variance was as follows ($12-$15)=$3 (U)nfavourable or minus $3, since complete sales was fewer than considered.
Sales penalty variance

Sales Price Variance: The sales penalty variance reveals the difference in complete revenue caused by charging a various promotion penalty from the considered or standard penalty. The sales penalty variance is calculated as: Actual quantity sold * (actual promotion penalty - considered promotion price). Into the exemplar, the sales penalty variance was 6*($2-$3)= -$6 (U)nfavourable or minus $6, since the sales penalty was fewer than considered.
Sales volume variance

Sales Volume Variance is calculated as: Budgeted personal effect contribution margin for every unit*(actual sales volume-budgeted sales volume)

Sales Volume Variance is added sub-divided into two variances.

    Sales Mix Variance
    Sales Quantity Variance

Total variance

The complete variance can as follows be seen algebraically to be (minus $6) plus (plus $3), giving (minus $3). Or: -6+3=-3.

This consequence tells us with the intention of the off-putting effect of promotion by the side of a inferior penalty was twice the definite effect of promotion by the side of a superior volume than considered. This might take part in occurred everywhere prices were lowered to intensify volume, but real volume increases did not gather expectations, perhaps due to competitors as well icy their prices, or changes in customer preferences.

Sales Variance calculation formula

Sales variance is the difference stuck between tangible sales and make financial arrangements sales. It is used to assess the performance of a sales function, and/or consider affair results to better understand souk conditions.

There are two reasons tangible sales can vary from intended sales: Either the volume sold varied from design (sales volume variance), or sales were next to a assorted rate from could you repeat that? Was intended (sales rate variance). Both scenarios may perhaps in addition at once give to the variance.

For case: The design was to put on the market 5 widgets next to $3 every one, on behalf of a budgeted sales of: (5*$3)=$15. Stylish realism, 6 widgets were sold next to $2 every one, on behalf of an tangible sales of: (6*$2)=$12. The totality variance was in this manner ($12-$15)=$3 (U)nfavourable or minus $3, since totality sales was a lesser amount of than intended.

Sales rate variance

Sales Price Variance: The sales rate variance reveals the difference in totality revenue caused by charging a assorted advertising rate from the intended or standard rate. The sales rate variance is calculated as: Actual quantity sold * (actual advertising rate - intended advertising price). Stylish the case, the sales rate variance was 6*($2-$3)= -$6 (U)nfavourable or minus $6, since the sales rate was a lesser amount of than intended.

Sales volume variance

Sales Volume Variance is calculated as: Budgeted character invention contribution margin apiece unit*(actual sales volume-budgeted sales volume)

Sales Volume Variance is promote sub-divided into two variances.

    Sales Mix Variance

    Sales Quantity Variance

Total variance

The totality variance can in this manner be seen algebraically to be (minus $6) plus (plus $3), giving (minus $3). Or: -6+3=-3.

This conclusion tells us to the denial effect of advertising next to a let fall rate was twice the decisive effect of advertising next to a upper volume than intended. This might suffer occurred everyplace prices were lowered to build up volume, but tangible volume increases did not come to get expectations, perhaps due