black paint used to paint the dots on a pair of dice? A. Choice A B. Choice B C. Choice C D. Choice D 7. The cost of fire insurance for a manufacturing plant is generally considered to be a: A. product cost. B. period cost. C. variable cost. D. all of these. 8. Transportation costs incurred by a manufacturing company to ship its product to its customers would be classified as which of the following? A. Product cost B. Manufacturing overhead C. Period cost D. Administrative
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Plant No. 2 1. Using budget data‚ how many Apple iPhone 4’s would have to have been completed for Danshui Plant No. 2 to break even? 2. Using budget data‚ what was the total expected cost per unit if all manufacturing and shipping overhead (both variable and fixed) were allocated to planned production? What was the actual cost per unit of production and shipping. 3. Prepare a flexible budget for 180‚000 iPhone 4’s and calculate flexible budget variances using actual costs for August. 4. Estimate
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IE401-Econ401 MidTerm Managerial Economics NAME: Each of the 20 multiple choice questions is worth 3 points. Mark your answers on the ANSWER KEY on page 5. Also provide BRIEF answers to each of the 4 “essay type/logical” questions. Multiple-Choice Questions 1. A manufacturer produces 1‚000 basketballs each day‚ which it sells to customers for $30 each. All costs associated with production and sales total $10‚000; however‚ if the manufacturer were to produce one
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Indicative Independent Director The purpose of identifying and appointing independent directors is to ensure that the board includes directors who can effectively exercise their best judgment for the exclusive benefit of the Company‚ judgment that is not clouded by real or perceived conflicts of interest. IFC expects that in each case where a director is identified as “independent” the board of directors will affirmatively determine that such director meets the requirements established by the
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Are We too Dependent on Computers? Our generation is a huge advocate of computers and technology ‚ our lives are really connected to these electronic devices. Normally a common teenager pass at least 4or 5 hours in front their computers and this happens even with adults ‚ we don’t have control about this‚ we believe that’s okay because we think computers perform our daily activities in a fast way ‚ obviously that’s why we would never think that we are too dependent on our computers. However
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Component Diagram Notations The component diagram’s main purpose is to show the structural relationships between the components of a system. In addition‚ component diagrams are useful communication tools for various groups. In creating a component diagram‚ there are different notations that can be used to show the different relationship of each component within the system. The component diagram notation set now makes it one of the easiest UML diagrams to draw: * COMPONENT A component can
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incurrence until they finally become expenses on the income statement. 6. Is it possible for costs such as salaries or depreciation to end up assets on the balance sheet? Explain. 7. “The variable cost per unit varies with output‚ whereas the fixed cost per unit is constant.” Do you agree? Explain. 8. Only variable costs can be differential costs. Do you agree? Explain. Part 2: Compulsory Section Problem 1 (15 marks) Richmond‚ Inc.‚ operates a chain of 44 department stores. Two years ago‚ the board
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Abstract The purpose of this report is to identify whether a relationship exists between macroeconomic variables and stock exchange returns in the Pakistani capital market. The techniques of multiple linear regression will be applied to understand if there is indeed a link between the two. The time series data being analyzed is on a monthly basis and spans from January 2003 to January 2009. The indicators taken as the independent variables are manufacturing production index‚ consumer price index‚ discount
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1. Define state-dependent learning and encoding specificity. Then‚ explain three ways a student might apply these principles to enhance her learning in college courses. Using the results of experimental research‚ state why these suggestions for learning are likely to be successful. State-dependent learning occurs when the physical state of a person such as their internal mood‚ sleep‚ hunger‚ etc. are matched during encoding and retrieval. As for encoding specificity it states the context such as
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doesn’t mean morals are always dependent on religion; as some people believe in autonomy where they believe the principles of morality are based on reason and experience (the morals from society) and not necessarily on religious concepts. Whereas people that believe in heteronomy believe that morality comes directly from god‚ so there for is dependent on it. However some people believe points from both sides so think that morality doesn’t have to be completely dependent on religion but does sometimes
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