StudentShare solutions
Triangle menu

Enzymes Limited - Essay Example

Nobody downloaded yet
As such, the company was also using the same method to calculate the cost incurred thereof. But, conceptually thinking of traditional costing methods brings about many errors in the modern era and therefore raises many doubts regarding its effectiveness in this changing module. There are numerous variables that add upon the cost structure of a manufacturing company rather than only labour or machine cost e.g. advertisement, customer, raw materials, and few others. Moreover, the traditional costing method applies a volume based allocation which often proves to be inappropriate in the modern market assuming something which is not adhered to the actual causes of costing (Averkamp, n.d.).
But to take any kind of management decision regarding costs, the information about accurate product costs, resource allocations and many other variables is very significant part. Here the traditional method fails to work with accuracy and therefore has a very minimum contribution in managerial decision making. In this context the growing applicability of Activity-based method is non-negligible, as it emphasises on almost every aspects that traditional methods do not. Activity-based Costing Method assumes that cost variables causes demand for activities, which in turn causes expenditure, unlike the traditional method that assumes only variable cost as reasons of expenditure. Moreover it proves to be more accurate than traditional method in calculating the overhead costs of a product (Minbiole, 1998).
Numerically, according to the traditional method, if the total overhead cost is $ 1, 00,000 and the total direct labour dollars comes to a figure of $ 1, 20, 000, the overhead cost per direct labour comes to be $ 0.83, (i.e. $ 1, 00, 000/$ 1, 20, 000). Again assuming the per unit labour cost to be $ 0.387, the overhead cost will stand at the figure of $ 0.32.
In the case of Activity-based calculation, ...Show more


Enzyme Limited has enjoyed a growing demand and increasing market share in the last decade with their activities in the sphere of manufacturing and distributing unit of medical equipments. Although it is very important to maintain a continuous watch on the market scenario and…
Author : hahndelphia
Enzymes Limited essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Enzymes Limited"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Enzymes: What ?They Do, Why They Are Important Enzymes are the cornerstone of life in every being. It is a type of cell that is found in every man, animal, plant, and other life forms. Amino acids of various shapes and sizes, often numbering anywhere from 100 to 100,000 form the basis of enzymes which are considered to be proteins.
6 pages (1500 words) Essay
Studies On Genetic Polymorphism Of Drug Metabolizing Enzymes And Other Relevant Genes In Type 2 Diabetes Mellitus
Understanding of genetic polymorphism is facilitated by considering the differences of genetic pools among various ethnic groups in the world. Although Arabs are usually identified as Caucasians, modern Arab populations, especially in Egypt, Palestine, Jordan and Lebanon, are the result of a long history of blending with different human races (Der Kalustian et al.,1980). Arabs, Africans, Europeans, and other Asian people intermarried during wars, mass migrations, trade and religious practices (pilgrimage).
5 pages (1250 words) Essay
Enzymes in Industry
Humans have been utilizing enzymes from the first time they made wine and baked bread or made cheese, though unwittingly. The discovery of and recognition of enzymes as such took man a very long time considering how early he began to use them for his purposes.
12 pages (3000 words) Essay
Enzymes are proliferated out of the sequencing of the amino acids accordingly. Each type of enzyme has a different type arrangement, and therefore, each possess a specific function. In this dissertation, we will examine and discuss the function of enzymes and its proliferation.
12 pages (3000 words) Essay
Lactate & Enzymes
Glycogen breaks down into a substance called pyruvate and, in the process, produces energy. We often refer to this process as anaerobic energy because it does not use any oxygen. When pyruvate breaks down further, it produces much more energy. This energy is called aerobic because this process uses oxygen.
7 pages (1750 words) Essay
The different processes which are going on within a cell require the usage of different enzymes. The enzymes speed up the chemical reactions in only a selected portion of the substrates. The metabolic reactions and the unique pathways which are
4 pages (1000 words) Essay
Macromolecules and Enzymes
Visual observation of simply adding few drops of salad oil in water shows that oil is less dense than water and is immiscible. Enzyme reaction and specificity was studied using the enzymes Tyrosinase
8 pages (2000 words) Essay
Photosynthesis, respiration, and enzymes
To take the hydrogen out of the water, the plant has to build glucose molecules and uses the energy from the sun to break the water and take the hydrogen and in the process releases oxygen into the air. They electrons taken from
2 pages (500 words) Essay
Limited partnership
They are more of investors that partners in the business. They are also not involved in the management of the business. The general partner on the other has an active role to play in the running and management of the business. These partners have a
1 pages (250 words) Essay
Digestive Enzyme Experiment

The author of the paper states that potatoes and bread contains starch whereas milk, potato, and bread contain glucose. Carbohydrates are usually composed of “carbon, hydrogen, and oxygen”. As such, both glucose and starch are forms of carbohydrates which are considered as our body’s main source of energy.

9 pages (2000 words) Essay
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
Comments (0)
Click to create a comment