Tuesday, December 31, 2019

Is It Really Costing Us - 895 Words

America is the largest meat producer and the second largest meat consumer in the world (Willett, 2014). I used to be one of these consumers eating meat at nearly every meal. After learning more about the beef, dairy, pork, and poultry industries I became a vegan for ethical reasons. You may have heard of â€Å"factory farming† which is how most of our food is produced today. Factory farming has negative results including pollution, related health risks to humans, and cruelty to animals. While factory farming can keep up to society’s ever growing demand for meat, what is it really costing us? Pollution is a huge concern to a lot of people. It can come in many forms and from many sources. Most people don’t think about the fact that the food they eat causes pollution. Regardless of how it is packaged or how far it has traveled to get to you, there are other pollution factors. Pigs are raised in cramped spaces in overcrowded buildings with slotted floors. The pigs eat, sleep, and defecate in these cages. The farmers spray down the pig houses, and the feces washes through the slots in the floors to large lagoons outside. When the lagoons get full the farmers spray the feces filled water into the air to fertilize nearby fields (Peach, 2014). The potential threat for water pollution is very serious. Bacteria in the waste lagoons are dangerous to our lakes and streams, and the creatures that live in them. When the land floods from excessive rain the waste from the lagoons is carriedShow MoreRelatedThe Usefulness Of Traditional Costing System1646 Words   |  7 Pagesabou t their costing methods to ensure that the product cost is rightly allocated, in view that the product cost has a clear aftermath on the pricing decision of a product which also affect profitability. Product costing is a crucial subject especially if the business is considering the application of the cost leadership strategy developed by Michael Porter, (1980), as a tool to gain a competitive edge over its rivals. In this essay, we will assess the usefulness of traditional costing system to managersRead MoreLandau Company1113 Words   |  5 PagesManagerial accounting â€Å"Case: 19-4 Landau Company†Ã¢â‚¬  Question 1: * The income statements prepared under absorption costing and variable costing usually produce different net operating income figures. Under absorption costing if inventories increase then some of the fixed manufacturing costs of the current period will not appear on the income statement as part of cost of goods sold. Instead, these costs are deferred to a future period and are carried on the balance sheet as part of the inventoryRead Morecase study GG Toys1080 Words   |  5 PagesG.G.   Toys   Ã¢â‚¬â€œ   Nele   Rieve   Ã¢â‚¬â€œ   E01487695   Ã¢â‚¬â€œ   10/14/2014       G.G.    Toys    is    a    leading    manufacturer    of    high- ­Ã¢â‚¬ quality    dolls    located    in    the    US.    The    company    is    popular    for    its    â€Å"Geoffrey    dolls†    but,    due    to    rising    product    costs,    has    included    customized    dolls    and    cradles    in    its    product    mix.    Two    plants    are    used    for    the Read MoreCigarettes are Harmful and Should Be Made Illegal Essay1235 Words   |  5 PagesMariana Islands, and the US Virgin Island agreed to the largest manufacture of tobacco in US history (introduction). That was a horrible decision because in 2011 a study done in the United States estimated that 43.8 million adults are current cigarette smokers. 440,000 of those 43.8 million adults died of tobacco related causes (centers). Of those 43.8 million 34.1 million smoke at least once a day and the remaining 9.7 million of them smoke every once in a while. According to US law adults have theRead MoreCost Management Strategies For An Organization1590 Words   |  7 Pagesorganizations than small organizations, especially service sector have greater interest in it. pricing tools helps us to identify the relationship with client, gain experience from new market, need to keep resources available, helps to sell other services for an organization. Budgeting tools: Managerial accounting people use budgeting tool and technique to manage money related information that assure us that a task is supported sufficiently and can be finished inside of the assigned budget. Utilizing modelsRead More Activity-Based Costing ( ABC ) Essay1439 Words   |  6 PagesActivity Based Costing ACTIVITY BASED COSTING AND MANAGEMENT : AN OVERVIEW Activity Based Costing (ABC) is more relevant than traditional costing in companies, where product mix is diverse in; batch sizes, physical sizes, degree or complexity, and raw material characteristics. ABC will also provide more decision useful information for the service industry, characterized by diversity in range of services provided. If the products in a plant or services provided posses similar characteristicsRead MoreWhat Are The Two Major Uses Of Managerial Accounting Information1313 Words   |  6 Pagesrestaurant a would only notice a 25% decrease in net profits despite losing half of its customer base to restaurant B. 4. Compare and contrast job costing and process costing systems. Process costing – uses the total cost of large production runs of identical products. In the case of a paint factory that is producing 50,000 gallons of white paint, process costing would require that all of the chemicals and materials used in the process of manufacturing the paint would be accumulated into a cost accountRead MoreModule 1 Case Absorption vs. Variable Costing1401 Words   |  6 PagesThis case study will look at Jokkmok Industries and one of its managers, Mr. Rosen, who is bucking for a promotion to CEO. His division uses absorption costing and has the ability to produce 50,000 units a quarter with a fixed overhead amount of $600,000. While the sales forecast shows that the company will only sell 25,000 units during each of the next two quarters, Mr. Rosen wants to double his budgeted production for the second quarter from 25,000 to 50,000 units. We will look at Mr. Rosen’sRead MorePros And Cons Of Debt Or Degree752 Words   |  4 Pageslooking at student loans to cover costs. What is that degree really costing you? We need to have a standard cost for college classes nationally. There is just no reason for tuition to so high that students are focused to jeopardies their future. Student’s today are starting their adult lives with a mountain of debt and no outlook of the life they had hoped for. Did you know that student loan debt is the second largest debt category in the US? It falls right under the mortgage debt category. A mortgageRead MoreEssay On Nasa852 Words   |  4 Pagesfinally come true. All due to one man’s devotion, Elon Musk’s SpaceX has made new deep developments. NASA has fallen a big time in the past 10 years or so, due to the fact US spends $600 billion on military and not in showing America is the most advance in the Space and Technology. SpaceX has made the cheapest rocket costing only $61 million per launch and the Rocket is called Falcon 9. Falcon 9 is able to return to the launching pad without having to crash into the Ocean like NASA’s Space rockets

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