Opening Inventory,Cost,Profit

Opening inventory overstate -> Cost overstate -> Profit understate

Opening inventory understate -> Cost understate -> Profit overstate

Formulas for Basic Budgeting:
Pg 277
Budgeted production = Forecast sales + Closing inventory - Opening inventory

Pg 278
Material usage budget = budgeted production X quantity required per product

Material purchases budget = Material usage budget + Closing inventory - Opening inventory

Pg 281
Labour budgets = number of hours X labour rate per hour

Relationship of Closing Inventory,Cost and Profit

Closing Inventory Overstate -> Cost Understate -> Profit Overstate

Closing Inventory Understate -> Cost Overstate -> Profit Understate

Internet Explorer 7.0 - Shortcut Keys

Today, I would like to share with you about the following handy tips:

Tabs shortcut keys:

Open links in a new tab in the background
Ctrl+Click

Open links in a new tab in the foreground
Ctrl+Shift+Click

Open a new tab in the foreground
Ctrl+T

Switch between tabs
Ctrl+Tab / Ctrl+Shift+Tab

Close current tab (or current window when there are no open tabs)
Ctrl+W

Open a new tab in the foreground from the address bar
Alt+Enter

Switch to the n'th tab
Ctrl+n (n can be 1-8)

Switch to the last tab
Ctrl+9

Close other tabs
Ctrl+Alt+F4

Open quick tabs
Ctrl+Q

Zoom shortcut keys:

Increase zoom (+ 10%)
Ctrl+(+)

Decrease zoom (-10%)
Ctrl+(-)

Original size (100% zoom)*
Ctrl+0

Search shortcut keys:

Go to the Toolbar Search Box
Ctrl+E

Open your search query in a new tab
Alt+Enter

Bring down the search provider menu
Ctrl+Down Arrow

Favorites Center shortcut keys:

Open Favorites Center to your favorites
Ctrl+I

Open Favorites Center to your history
Ctrl+H

Open Favorites Center to your feeds
Ctrl+J

Apart from this, a few helpful shortcuts for mouse users also available:

Open a link in a background tab
Middle mouse button

Close a tab
Middle mouse button on the tab

Open a new tab
Double click on empty tab band space

Zoom the page in/out 10%
Ctrl+Mouse wheel Up/Down

Margin and Markup

Income Statement and Balance Sheet

Paper F1: Competitive Factors

Chapter 12

Generic Strategy: Cost Leadership, Differentiation and Focus.

Porter 's Five Forces Analyst:


Porter 's Value Chain Analyst
Primary activities:
Inbound Logistic -> Operation -> Outbound Logistics -> Marketing & Sales -> Services
Support activities:
Firm Infrastructure
Human Resources Development
Technology Development
Procurement