Check Your Understanding Week 5 (ANSWERS) o Chapter 9: Problems 3‚ 4‚ and 5 3. Electrical generation study of 56 British firms: a. VC = AVC(Q) VC = 1.24Q + .0033Q2 + .0000029Q3 − .000046Q2Z − .026QZ + .00018QZ2 b. MC = 1.24 + .0066Q + .0000087Q2 − .000092QZ − .026Z + .00018Z2 c. Z = 150(thousand) kilowatts SRAVC = 1.24 + .0033Q + .0000029Q2 − .000046Q(150) − .026(150) + .00018(150)2 SRAVC = 1.39 − .0036Q + .0000029Q2 SRMC = 1.24 + .0066Q + .0000087Q2 − .000092Q(150) −
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HMGT 3311 HW #2 Q 2.1: A: From a financial perspective‚ briefly describe the concept of a business. A business is considered to be an entity and its legal form does not matter. It involves obtaining financing or capital. Where then using the financing funds to buy land‚ buildings‚ etc. and having them as assets. Those assets are then used to create goods and services. After‚ those goods or services are sold to create revenue. B: What is the difference between a business
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Eco 550 Quiz 1 • Question 1 2 out of 2 points Which of the following is considered to be a cost of information? Answer Selected Answer: The time spent to collect the information. Correct Answer: The time spent to collect the information. • Question 2 2 out of 2 points Assume that a cargo ship carrying the merchandise of a cloth merchant has been wrecked. Such a setback will be accounted as the merchant’s: Answer Selected Answer: sunk cost. Correct Answer:
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Chapter 3‚ Problems/Exercises‚ Questions 2 and 4. 2. What are some sources of risk in a systems analysis and design project‚ and how does a project manager cope with risk during the stages of project management? A project manager should do a risk assessment for any project before starting. During this stage the project manager should identify uncertainties‚ analyze risks‚ and prioritize risks. Every project will have some form of risk‚ it could be the weather‚ lead person changing jobs‚ a new
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Questions for Review – Week #2 1) What kinds of establishments may employ full-time students at 85 percent of the minimum wage? Retail and Service establishments and farms may employ full-time students at 85% of the minimum wage. 2) What are the types of exempt white –collar employees? Executives‚ administrators‚ professional employees‚ highly compensated employees‚ computer professionals‚ and outside salespersons can be exempt if they satisfy certain tests. 3) Under what conditions
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E17.15 Spear Custom Furniture uses an activity-based cost accounting system to apply overhead to production. The company maintains four overhead cost pools. The four cost pools‚ and their budgeted amounts for the upcoming period‚ are as follows: Maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $40‚000 Materials handling . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20‚000 Set-ups
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Essentials of Management Larry Kuhn Allied American University Author Note This paper was prepared for Essentials of Management‚ Module 2 Homework Assignment taught by Dr. Justin Barclay. There are two (2) parts to the assignment. In Part I‚ you will answer general questions in order to help you focus on planning‚ strategic management‚ and decision-making. In Part II‚ you will write a paper that is two pages in length. This will help you build effective decision-making skills by thinking
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costing i. Process costing t. Process costing j. Process costing u. Job costing k. Job costing 4-17 (20 min.) Actual costing‚ normal costing‚ accounting for manufacturing overhead. 1. = = = 1.80 or 185% = = = 1.9 or 190% 2. Costs of Job 626 under actual and normal costing follow: Actual Normal Costing Costing Direct materials $ 40‚000 $ 40‚000 Direct manufacturing labor costs 30‚000 30‚000 Manufacturing overhead costs $30‚000 1.90; $30‚000 1.80
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of Applied Finance and Actuarial Studies Faculty of Business and Economics Unit Guide S2 Day Session 2‚ North Ryde‚ Day 2013 Table of Content Table of Content General Information 2 3 Convenor and teaching staff Credit Points Prerequisites Corequisites Co-badged status Unit Description 3 3 3 3 3 3 Learning Outcomes Assessment Tasks 4 5 1. Class Test 2. Group Presentations 3. Assignment 4. Final Examination 5 5 6 6 Delivery and Resources Policies
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Homework Assignment: Find someone over the age of sixty (60) and interview them on all things Bahamian and what they think of the younger generation. The person I chose to interview was my grandmother‚ Mrs. Marina Smith‚ who is seventy four (74) years of age. First‚ I asked my grandmother if she knew anything about the Bahamas‚ and if so can she please tell me. She was able to tell me the Bahamas is called “The Isle of Petual June”‚ The Late Sir Lynden Oscar Pindling was the first Prime Minister
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