Accounting 1B - Post Exam 2 Project 1. Jensen Company purchased a new machine on September 1‚ 2012‚ at a cost of $128‚000. The company estimated that the machine has a salvage value of $8‚000. The machine is expected to be used for 80‚000 working hours during its 8-year life. Instructions: Compute depreciation using the following methods in the year indicated. (a) Straight-line for 2012 and 2013‚ assuming a December 31 year-end. (b) Declining-balance using double the straight-line rate for
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W Hotels W Hotels is Starwood’s luxury lifestyle / boutique hotel brand. Marketed towards a younger general crowd‚ the hotel brand was launched in 1998 with its first property‚ W New York‚ opening at 541 Lexington Avenue. The brand has since expanded internationally with properties opening first in Mexico City‚ Seoul‚ and Istanbul. The brand’s first resort property is W Maldives Retreat & Spa. The group has now 52 hotels all over the world‚ also in countries like Taiwan or Chili. In order
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this organization do? Buy the cards from a contract manufacturer‚ make the cards using method number one‚ or make the cards using method number two? What is the cheapest option and how much profit will they make? Support your answer with calculations and/or a graph. Answer Break Even Analysis Option #1 Cost Formula - COST = $200 + $2Q = $200 + ($2/unit * 1000units) = $2200 Option #2 Cost Formula - COST = $500 + $1Q = $500 + ($1/unit * 1000units) = $1500 According to this calculation
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1-17 (15 min.) Value chain and classification of costs‚ pharmaceutical company. Cost Item Value Chain Business Function a. b. c. d. e. f. g. h. Design of products‚ services or processes Marketing Customer Service Research and Development Marketing Production Marketing Distribution *2-23 (15–20 min.) Classification of costs‚ retail sector. Cost object: Videos sold in video section of store Cost variability: With respect to changes in the number of videos sold There may be some debate over classifications
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The ideas of economists and political philosophers‚ both when they are right and when they are wrong‚ are more powerful than is commonly understood. Indeed‚ the world is ruled by little else. Practical men‚ who believe themselves to be quite exempt from any intellectual influences‚ are usually the slaves of some defunct economist. J.M. Ke yn es ‚ T he General Theory ‚ [ p 3 8 3 ] C hapter 1 AN INTRODUCTION TO THE HISTORY OF ECONOMIC THOUGHT: AN OVERVIEW In every society it is necessary
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Practise exam questions Alan believed that Bhu‚ a fellow student‚ had stolen his mobile phone. Alan saw Bhu at college‚ went up to her and said‚ “We sort out thieves like you.” As Bhu hurried away in a panic‚ Alan’s friend‚ Carol‚ sprayed Bhu with red paint. A small amount of paint went into Bhu’s eyes. She was taken to hospital where her eyes were treated to remove the paint. As she went home‚ and just before her sight was fully recovered‚ she tripped up a kerb and fractured her skull. Refer
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1 Governmental and Nonprofit Accounting: ENVIRONMENT AND CHARACTERISTICS ANSWERS TO QUESTIONS QUESTION 1-1 a. The similarities of accounting for profit-seeking and G&NP organizations include: 1. Double-entry system of accounts. 2. Most accounting mechanics‚ e.g.‚ basic transaction documents‚ journals‚ ledgers‚ charts of accounts. 3. Where a G&NP organization has a business-type activity‚ e.g.‚ a municipal electric utility‚ the accounting largely parallels that for a
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Econ 110 (L3) Midterm Exam Spring‚ 2007 Part I: Multiple Choice Questions – 50% Part II: Essay Questions – 50% Question 1 (15%) a) A professor would prefer to have all students attending lectures and have all question answered in class‚ than to give extra office hours to answer those questions raised by individual students. Explain his rationale based on economic theory you have learned. MC of lecturing an extra student is almost 0 during usual lecture hours but would be much higher
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UNIVERSITY OF WISCONSIN - LA CROSSE NAME___________________________________ Department of Economics Eco 110 - Microeconomics and Public Policy Donna Anderson‚ Ph.D. Sample Final Exam: Note: Actual Final will be shorter SHOW YOUR WORK! ** points 1. Provide the best answer to the multiple choice questions on the scantron sheet 2. Answer the short answer questions on the test. 3. Your responses will be evaluated based on whether you answered the question and the quality of the response
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George W. Bush September 20‚ 2011 Address to Congress On September 11‚ 2001 the American nation was shaken with news of a terrorist attack on the World Trade Center towers in New York City. Fear and panic commandeered the spirits of American citizens as they awaited to hear if their loved one had perished‚ if another attack had been planned for somewhere else in the United States‚ and how their nation would rise from the ashes to face another tomorrow. Not only had their nation been attacked‚ but
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