Solution to Chapter 11 Problems 11-33 Special Order (15 min) 1. Current Special Order Revenue per unit $ 45 $ 35 Variable costs per unit: Direct materials $ 9 $ 9 Direct labor $ 8 $ 8 Variable factory overhead $ 4 $ 4 Variable nonmanufacturing costs $ 8 29 $ 4 25 Contribution margin per unit $ 16 $ 10 Contribution margin for 5‚000 units $ 80‚000 $ 50‚000
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Chapter 3 Analysis of Financial Statements SOLUTIONS TO END-OF-CHAPTER PROBLEMS 3-1 DSO = 40 days; S = $7‚300‚000; AR = ? DSO = 40 = 40 = AR/$20‚000 AR = $800‚000. 3-2 A/E = 2.4; D/A = ? 3-3 ROA = 10%; PM = 2%; ROE = 15%; S/TA = ?; TA/E = ? ROA = NI/A; PM = NI/S; ROE = NI/E. ROA = PM S/TA NI/A = NI/S S/TA 10% = 2% S/TA S/TA = 5. ROE = PM S/TA TA/E NI/E = NI/S S/TA TA/E 15% = 2% 5 TA/E 15% = 10% TA/E TA/E = 1.5.
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Chapter 1 Discussing the Concepts 1. What is marketing and what is its primary goal? * One definition of marketing is‚ “a social and managerial process by which individuals and organizations obtain what they need and want through creating and exchanging value with others.” * A much simpler definition would be‚ “managing profitable customer relations.” * Its primary goal is to create value for customers and capture from customers. 2. Compare and contrast customer needs‚ wants
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Study Questions Zinn Chapter 1 1. According to Zinn‚ his main purpose for composing A People’s’ History of the United States was to tell the history from the viewpoint of the weak‚ the ones conquered‚ instead of the classic viewpoint from which history is told of the victors‚ those who conquered‚ the ruling class‚ etc. The reason for Zinn’s dispute of Kissinger’s statement comes directly from Zinn’s own ideological view on how history should be told. Kissinger states 2. 3. 4. 5.
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James Howard Kunstler begins his essay by quoting a well-known author and columnist‚ Thomas Friedman‚ who states that globalisation is a wonderful fixture of society‚ and that it is here to stay. Globalisation refers to an increased openness of national borders to the movement of trade‚ products‚ and money in the past forty years or so. Kunstler however‚ is strongly opposed to this point‚ and believes that globalisations will soon be a thing of the past. He believes that this state of Globalisation
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In this essay‚ I will discuss chapter’s five and seven of John Berger’s book “Ways Of Seeing”. Section one will look at what Berger means when he talks about power in chapter five of the book. In section two‚ we will discuss his ideas on imagination and envy‚ as outlined in chapter seven. In chapter five‚ Berger talks about oil painting being more of an art form than a technique. While he concedes that the technique has been with us for centuries‚ his argument is that it came into prominence when
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MEMO TO: Dr. Norman E. Pence FROM: Mary Nicole Porter DATE: September 11‚ 2013 SUBJECT: Chapter 2 Case Problem 1: Workload Balancing Digital Imaging: Balancing Photo Printer Production Digital Imaging‚ a company that produces photo printers‚ recently introduced two models of printers into the average consumer market: the DI-910‚ and the more sophisticated and faster DI-950. Analysis shows that management can expect profit contributions of $42 for each DI-910 and $87 for each DI-950
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Chapter 18‚ Section 3: The Radical Days of the Revolution I. Introduction 1. In 1793‚ the revolution entered a radical phase. For a year‚ France experienced one of the bloodiest regimes in its long history as determined leaders sought to extend and preserve the revolution. II. The Monarchy Is Abolished 1. As the revolution continued‚ dismal news about the war abroad heightened tensions. Well-trained Prussian forces were cutting down raw French recruits. In addition‚ royalist officers were deserting
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Chapter 3 Review Sheet Pilgrims- is a traveler who is on a journey to a holy place. Separatists- is the advocacy of a state of cultural‚ ethnic‚ tribal‚ religious‚ racial‚ governmental or gender separation from the larger group. Puritans- were a community of English Protestants active during the 16th and 17th centuries. Mayflower Compact- was the first governing document of Plymouth Colony. Squanto- was a Patuxet. He was the Native American who assisted the Pilgrims after their first
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CHAPTER 1 The Problem and its Setting Introduction Apprendre à Cuisiner is a Culinary School and Restaurant in one that serves authentic Italian and French cuisine. The word Apprendre à Cuisiner can be translated in english which means “learn how to cook.” The owners of the restaurant have searched far and wide to set up a truly affordable and enjoyable Culinary school and restaurant in one in the Philippines. They have discovered that the Culinary experience is not just the wonderful cooking of
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