Management Accounting case study assignment Essay

Management Accounting case study assignment - Essay Example Again there are additional costs related to hangarage, that is the shelter for the airplane and many related costs. It is seen that fuel and handling charges are variable costs. And the other costs are fixed costs. The owning of the second hand plane also incurs depreciation charged. The depreciation is charged on a fixed rate method. After the calculation it is clearly visible that the owning of the plane would not be a good choice for the Clear day Co. the related expenses are much more in the case of owning than in the case of renting it. There is a big difference of  £ 83900 in case of owning and renting it. So there fore it would not be beneficial for the company to go for the buy option. Rather the company should stick with the option of renting it as the annual expenses are much lower and are hassle free as the maintenance and other charges would have to be borne by Plummet Aviation. In this situation the condition is the same of owning it but in this situation it can rent it to the local flying club, when they are not using it. It is estimated that, the local flying club would be using the airplane for a minimum of 120 hours in a year and the rent is fixed at  £105 per hour. Thus, it is estimated that the Clearday would be making a sum of  £12600 per annum. But again it is seen that if the airplane is given for rent then the maintenance cost and the insurance cost gets increased by 20% . Thus, as earlier fuel and handling charges are variable in nature and in this case maintenance and insurance are semi variable costs while other are fixed cost. The depreciation charges remain the same. It is seen that though the Clearday is getting an extra income from renting the airplane, but the expenses are too high as compared to renting the airplane from Plummet Aviation. The difference is as high as  £48080. But if in case the company compares between the option of whether renting

Why are you pursuing a career in nursing What makes you capable to be Essay

Why are you pursuing a career in nursing What makes you capable to be a nurse - Essay Example It is an unequal encounter in all aspects. When I read, â€Å"the sick soon come to understand that they live in a different world from the well and that the two cannot communicate† in a book by Jessamyn West, I could really feel the vast expanse of solitude that surrounded the protagonist and my eyes became wet (West, 29). That was way back in 2000 but I gradually nurtured a secret wish to become a caring companion for such solitary souls. Even before that, I used to volunteer for taking care of the members of our family who had been sick and bed ridden. I would clean up the room for them, take flowers to them, read to them and keep them company. All those moments gave me deep satisfaction and a sense of purpose in life. The smile in their eyes brightened up my days. And once, I heard my sick grand mother whisper in a feeble voice, â€Å"my little Nightingale,† when I was kissing her good bye. Those words made a deep imprint in my heart. It was then I started thinking about taking up nursing as my career seriously. I already knew that I could feel empathy for others. It naturally came to me. I thought it as my asset and decided that I could really make this profession, my passion. Even now I remember, when I was a child, my grand mother had kept awake at my bedside whenever I fell ill. So I felt I owe to reciprocate that care to her.