Master of Business Administration- MBA Semester 1 MB0042 – Managerial Economics - 4 Credits (Book ID: B 1625 ) Assignment Set -1 (60 marks) Note: Assignment Set -1 must be written within 6-8 pages. Answer all questions. Q1. Discuss profit maximising model in detail. 10 marks(350-400 words) Answer : Profit maximization is the rational behaviour of equilibrium assumption. Any firm which aiming at profit maximization model; will go increasing its output till it reaches maximum profit output
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University of Perpetual Help System Laguna Master in Business Administration Sto. Niño‚ Biñan‚ Laguna MANAGERIAL ACCOUNTING JAYSON G. GELILIO PROF. MARIA DIANA DELA VEGA‚ CPA‚ MBA‚ PhD. Problem 20-1 Beta Company produces two products‚ A and B‚ each of which uses material X and Y. The following unit standard costs apply: | Material X | Material Y | Direct Labor | Product A | 4 lbs. @ $13 | 1 lb. @ $8.50 | 1/5 hr. @ $14 | Product B | 6 lbs. @ $13 | 2 lbs
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Welcome to Managerial Accounting. In this module‚ we will provide a general overview of activity based costing‚ specifically: What is activity based costing? Welcome to Managerial Accounting Instructor: O Martin Email Instructor __________________________ ACTIVITY BASED COSTING SYSTEM Two stage process Activity pools Activity categories With & Without ABC example What is Activity based costing (ABC)? Activity based costing (ABC) assigns manufacturing overhead costs to products in a more logical
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Managerial Issues Derek Kilkenny 4-29-13 University of Phoenix Paul Stokes When it comes to an organization’s information technology‚ the infrastructure management is part of the essential operations along with processes‚ equipment‚ policies‚ human resources‚ data‚ and external contracts. The goals of infrastructure management is to reduce duplication effort‚ enhance the flow of information throughout an information system‚ ensure an adherence to standards‚ promote adaptability
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References: Edmonds‚ T.P.‚ Tsay B.‚ & Olds‚ P.R. (2011). Fundamental Managerial Accounting Concepts. New York‚ NY: McGraw-Hill Itrwin.
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Part 1 of Final Project Melissa Scott 1/28/2014 Pablo Simon Managerial Accounting Strategic business decisions are essential to achieve the long-term goals of the company. Strategies are mostly concerned with the scope of business activities and growth in the business (Rosenzweig‚ 2013). They form the fundamental basis for any organization‚ which is based on the facts and in-depth analysis. Historical trends in the financial statement provide for guidance about the performance
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Cost drivers‚ as propounded by Porter (1985) are the structural causes of the cost of an activity in the value chain. They determine the behaviour and level of costs within an activity. A cost driver can be completely‚ partly or not at all under the control of a firm. It is therefore important for a manager to understand these factors because according to the Neo-classical model of the firm‚ the firm’s objective is to maximise profit by producing a given level of output at the minimum cost level
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1. Basic Concepts Product cost = Direct Labor (DL) + Direct Materials (DM) + Manufacturing Overhead (MOH) Financial accounting Managerial Accounting + Sales + Sales - COGS - Variable Costs = Gross Profit = Contribution Margin - SG&A - Fixed Costs = Net Profit = Net Profit COGS (Cost of Goods Sold) is an “inventoriable cost” ( recorded in the Balance Sheet as inventory and expensed (Income Statement) when goods are sold SG&A (Selling‚ General & Administrative) are
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BCO6603 Enterprise Resource Planning Systems BCO6603 Enterprise Resource Planning Systems Year 2013 Semester 1 Prepared by Paul Hawking Year 2013 Semester 1 Prepared by Paul Hawking YEAR | 2013 | SEMESTER | 1 | UNIT TITLE | Enterprise Resource Planning Systems | UNIT CODE | BCO6603 | PRE-REQUISITES | None | CREDIT POINTS | 12 | MODE OF DELIVERY | On-campus | LOCATION | Melbourne‚ Sydney‚ Kuala Lumpur‚ Beijing‚ Singapore‚ Ahmedabad | UNIT COORDINATOR | Paul
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The problem with this case is……. CMR operates in two segments‚ commercial and residential. Blackstone is a large residential customer who accounted for 2.4%i of CMR’s total revenues and 13.2 %ii of CMR’s total residential revenue. * iii CMR’s CEO wants to grow sales to $70 million‚ ten times current sales‚ within ten years. He needs to decide whether to increase prices threatening the relationship with Blackstone‚ maintain prices as they are‚ or discontinue business with Blackstone. Analysis
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