to add that cost behavior is also identifying the key resources that are performed‚ resources used in performing these activities‚ costs of the resources‚ and what the cost is driven from. 2-2. Two rules of thumb when analyzing cost behavior are to manage what the company manufactures‚ sells‚ and to give advice as to where costs can be reduced. 2-3. Three examples of a variable cost are a 12% increase in the production of dresses‚ which will cause a 12% increase in variable costs. A 10% increase
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Question 1 1. Mrs. Granberry is going to sell Christmas tree lights for $20 a box. The lights cost Marsha $5 a unit and any unsold lights can be returned for a full refund. She is planning to rent a booth at the upcoming Happy Holidays Convention‚ which offers three options: 1. paying a fixed fee of $1‚500‚ or 2. paying a $500 fee plus 10% of revenues made at the convention‚ or 3. paying 25% of revenues made at the convention.Which of the following statements is FALSE? Answer | | One
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1. Cost of goods manufactured will usually include: A. only direct labor and direct materials costs. B. some costs incurred during the prior period as well as costs incurred during the current period. C. only costs incurred during the current period. D. some period costs as well as some product costs. 2. During the month of August‚ direct labor cost totaled $13‚000 and direct labor cost was 20% of prime cost. If total manufacturing costs during August were $88‚000‚ the manufacturing overhead
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appreciate‚ the fact that cost justification for every aspect of business is the name of the game. After all‚ if your program costs them more money in the long run‚ then what’s the point? They would just assume the risk and move on. And why wouldn’t they‚ they are a for-profit business. Its only after an accident happens that they look to safety to save them money. British Petroleum’s Deep Water Horizon oil spill is a prime example. A friend of mine actually worked for BP as a fire protection supervisor
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Affects of Oil Spill on Oyster Beds Beatrice Hemphill Biology 1408 Section 6300 Mrs. Shipley The oil spill was a terrible desaster that occurs when petroleum was accidentally released into the water and the environment. Oil spills normally take place on land and in the ocean. When the oil spills that occurs on land it can be cleaned up quickly if it is caught in a timely manner ‚ the oil spill caused major damage to the environment and can also affect the
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Mexico oil spill began on April 20‚ 2010 in the deep waters and continued for 87 days. Oil was found from the Macondo site in the Florida panhandle and Tampa Bay. The oil and dispersed mixture embedded in the sand continued to kill dolphins and other marine life. (Pallardy‚ 2016) Oil spills can cause long-term environmental damage and can affect marine mammals‚ such as dolphins. Additional research is needed to understand the impact of oil spills on marine mammals in the Gulf of Mexico. Oil spills
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1. Which of the following would increase the likelihood that a company would increase its debt ratio in its capital structure? a. An increase in costs incurred when filing for bankruptcy. b. An increase in the corporate tax rate. c. An increase in the personal tax rate. d. None of the statements above is correct. ANSWER: B An increase in the corporate tax rate would mean that firms would get larger tax breaks for interest payments. Therefore‚ firms have an incentive to increase interest payments
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animal or contaminate its tissues. A thick film of oil on the sea surface may reduce sunlight penetration and reduce photosynthesis. Small particles and emulsions may be ingested or block the feeding mechanisms of invertebrates such as oysters‚ starfish‚ sponges and corals. These particles also may have toxic components‚ so the effects can be physical‚ chemical or both. The most dramatic impact of oil spills is the coating of larger animals with oil. Animals that breathe at the surface like dolphins
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Jump to Navigation Frame Your location: Assessments › View All Submissions › View Attempt View Attempt 1 of 2 Title: | Exam 2 (Chapters 10-18) | Started: | July 7‚ 2011 12:16 AM | Submitted: | July 7‚ 2011 2:11 AM | Time spent: | 01:54:47 | Total score: | 94/200 = 47% Total score adjusted by 0.0 Maximum possible score: 200 | 1. | Chapter 10 #265 | | Use this information for questions that refer to the World Tennis Ball (WTB) Company case. World Tennis Ball Co. (WTB) makes
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Oil Spill Mitigation Planning and Monetary Recovery Andrew Fossa Saint Petersburg College Administrative Law Kenneth Afienko Abstract FOSSA A (2012) Saint Petersburg College Oil spill mitigation planning and monetary recovery A small Gulf Coast Community in Florida has requested the implementation of a contingency plan in the event of an oil spill that affects the coast line. This paper discusses the regulations‚ and laws that govern an oil spill and who is responsible for monetary and
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