Multiple Choice Questions 1. The NFL is able to customize their newsletter by _____. A) tracking what pieces are clicked on B) providing news about the individual fan’s favorite team C) matching the individual fan’s specific interests D) enabling fans to update their profile E) all of the above Answer: E Page: 637 Difficulty: moderate 2. Which of the following is NOT a possible outcome once a consumer is satisfied? A) committed customer B) discontinued use
Premium Marketing Brand Decision making
Chapter 18 - The Enlightenment and the American Revolution. (1707-1800). (1) Philosophy in the Age of Reason. (2) Enlightenment Ideas Spread. (3) Britain at Mid-Century. (4) Birth of the American Republic. Hobbes. Locke. Bach. Voltaire. Rousseau. ________________________________________________________________ 1651. 1690. 1721. 1759. 1762. (1) Philosophy in the Age of Reason. Setting the Scene. During the Enlightenment philosophers felt they could use reason to discover natural laws that govern
Premium Constitutional monarchy John Locke Age of Enlightenment
CHAPTER 12 Cost Sheet (or) Statement of Cost ELEMENTS OF COST Introduction Elements of cost are necessary to have a proper classification and analysis of total cost. Thus‚ elements of cost provide the management with necessary information for proper control and management decisions. For this purpose‚ the total cost is analysed by the elements or nature of cost‚ i.e.‚ material‚ labour and overheads. The various elements of costs may be illustrated as below: Elements of Cost ~ t
Premium Costs Cost accounting Variable cost
Chapter 18 Summary/Notes Conservation of Biodiversity Modern Conservation Legacies * The world is in a sixth mass extinction (the biodiversity is declining at a rapid rate) * Causes are mostly by human activities * Habitat destruction * Overharvesting plant and animal populations * Results in growing interest in conserving biodiversity by setting aside areas that are protected from any human activities * Establishing national parks‚ national monuments‚ national
Premium Extinction Endangered species Biodiversity
E18-5 Organic Growth Company is presently testing a number of new agricultural seeds that it has recently harvested. To stimulate interest‚ it has decided to grant to five of its largest customers the unconditional right of return to these products if not fully satisfied. The right of return extends for 4 months. Organic Growth sells these seeds on account for $1‚500‚000 on January 2‚ 2012. Companies are required to pay the full amount due by March 15‚ 2012. (a) Prepare the journal entry for
Premium Rate of return Revenue Financial statements
Development of Product Costing Module in ERP for L&T Kansbahal Works‚ Kansbhal‚ Orissa : A Case Study 1 Seema G. Bhol‚ 2Arun Mishra & 3Srikanta Patnaik Sambalpur University‚ Burla‚ Orissa‚ India‚ 2Head (IT Services)‚ L&T‚ Kansbhal‚ Orissa‚ India‚ 3 Department of Computer Science ITER ‚ SOA University ‚ Bhubaneswar‚ Orissa‚ India E-mail : guptaseema@hotmail.com‚ arun-kbl@kbl.ltindia.com‚ patnaik_srikanta@yahoo.co.in 1 Abstract - One need to be very accurate in what the products and services
Premium Enterprise resource planning
single process to produce more than one product. This paradigm adds complexity in the simultaneous production of more than one product from a joint process. Their determination at the cost of such products‚ individually‚ hence posses a difficult task to the cost accountant especially because they are of such varied nature characterized by many varieties. Despite difficulty it is possibly essential to make a fair and equitable allocation of cost to each product since this is critically important not
Premium Costs Marginal cost Cost
activity-based costing and the theory of constraints‚ as well as situations in which one approach might be preferable to the other. 5-48 Cycle time efficiency and JIT Walker Brothers Company is considering installing a JIT manufacturing system in the hope that it will improve its overall processing cycle efficiency. Data from the traditional system and estimates for the JIT system are presented here for their Nosun Product: TIME CATEGORY TRADITIONAL SYSTEM JIT SYSTEM Storage 4
Premium Costs Variable cost Fixed cost
Homework Fang Geng P5-47 The information supplied by the ABC project team is in columns A‚ B‚ C‚ D‚ F‚ G‚ I. Activity Activity Cost Pool Cost Driver Cost Divers Quantity Pool Rate Product Line Cost Driver Quantity for Product Line Activity Cost for Product Line Product Line Production Volume Activity Cost per Unit of Production Material 52‚500 Production 100 525.00 REG 40 21‚000 5‚000 4.20 Handing Runs ADV 40 21‚000 4‚000 5.25 GMT 20 10‚500 1‚‚000 10.50 Total
Premium Costs Variable cost
Two general approaches are used for costing products for the purpose of valuing inventories and cost of goods sold. One approach is called absorption costing. Absorption costing is generally used for external financial reports. The other approach called variable costing is preferred by some companies for internal decision making and must be used when an income statement is prepared in the contribution format. Ordinarily absorption costing and variable costing produce different figures for net income
Premium Variable cost Marginal cost Revenue