40‚000 | | 100‚000 | | 404 | | | | 20‚000 | 20‚000 | 40‚000 | | 405 | | | | | 20‚000 | 20‚000 | | Total | 90‚000 | 120‚000 | 90‚000 | 60‚000 | 40‚000 | 400‚000 | 2 Physical Measures Method | Produced | Proportion | Joint Cost Allocation | Unit Cost | 401 | 90‚000 | (90‚000/400‚000)0.225 or 22.5% | (200‚000 x 0.225)45‚000 | (45‚000/90‚000)0.5 | 402 | 120‚000 | (120‚000/400‚000)0.3 or 30% | (200‚000 x 0.3)60‚000 | (60‚000/120‚000)0.5 | 403 | 90‚000 | (90‚000/400‚000)0.225 or 22.5%
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1. The chief economist for Argus Corporation‚ a large appliance manufacturer‚ estimated the firm’s short-run cost function for vacuum cleaners using an average variable cost function of the form. AVC= a + bQ+ cQ^2 (the 2 is suppose to be exponent) Where AVC=dollars per vacuum cleaner and Q=number of vacuum cleaners produced each month. Total fixed cost each month is $180‚000. The following results were obtained: Dependent Variable:AVC R-Square
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------------------------------------------------- ASSIGNMENT ON COST CONTROL AND COST REDUCTION ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- -------------------------------------------------
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Generally‚ the term cost of production refers to the ‘money expenses’ incurred in the production of a commodity. But money expenses are not the only expenses incurred on the production of a commodity. There are number of services and inputs such as entrepreneurship‚ land‚ capital etc.‚ which are offered by an entrepreneur without changing any price or receiving any payment for them. While computing the total cost of production‚ allowance should be made for such expenses. It is therefore essential
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5 / ¼.5= .67%/ 22%= 3.05 Ch 22 #7 1. Key Question A firm has fixed costs of $60 and variable costs as indicated in the table on the following page. Complete the table and check your calculations by referring to question 4 at the end of Chapter 23. 1. Graph total fixed cost‚ total variable cost‚ and total cost. Explain how the law of diminishing returns influences the shapes of the variable-cost and total-cost curves Graph AFC‚ AVC‚ ATC‚ and MC. Explain the derivation and shape of each
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Solutions to Plastic Pollution in our Oceans The Basics We ’re treating the oceans like a trash bin: around 80 percent of marine litter originates on land‚ and most of that is plastic. Plastic that pollutes our oceans and waterways has severe impacts on our environment and our economy. Seabirds‚ whales‚ sea turtles and other marine life are eating marine plastic pollution and dying from choking‚ intestinal blockage and starvation. Scientists are investigating the long-term impacts of toxic pollutants
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Though thousands of people undergo plastic surgery every year‚ there are some side effects to the procedures. Some patients have experienced headaches‚ nausea and prolonged pain. Another common side effect reported is inflammation surrounding the area of the body where the procedure was done. These side effects generally dissipate over time but can be bad in the beginning. Individuals may also experience bruising in areas of their body
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Introduction This report is aimed to give advice to them on decision making and strategy before Zen plastics enter the international market. Note that the market in this report is specially point at Australian market. The selection of suitable product requirements 2.1 Meet customer needs Zen plastics are a manufacturer of molded plastic products for both the consumer and trade market. Know the costumers needs is significant for the company and understand the local customers preference. Choose
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fighting for the right of the economic and political. Moreover‚ it can remind the people that they are the owner of the country and they are powerful enough to participate in national management. Different with the habitual impression of the revolution‚ which is always full of battle‚ violence and gore‚ the nonviolent action costs less than the violent action and takes less risk based on mass supported. Hardy Merriman is Sr. Adviser of the International Center on Nonviolent Conflict‚ in his article‚ “Agents
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following data have been recorded for recently completed Job 501 on its job cost sheet. Direct materials cost was $3‚067. A total of 30 direct labor-hours and 104 machine-hours were worked on the job. The direct labor wage rate is $12 per labor-hour. The company applies manufacturing overhead on the basis of machinehours. The predetermined overhead rate is $11 per machine-hour. The total cost for the job on its job cost sheet would be: A. $4‚571 B. $3‚757 C. $3‚090 D. $3‚427 Applied manufacturing
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