Chapter 4 Process Costing Chapter 4 Process Costing Solutions to Questions 4-1 A process costing system should be used in situations where a homogeneous product is produced on a continuous basis. 4-2 Job-order and processing costing are similar in the following ways: 1. Job-order costing and process costing have the same basic purposes—to assign materials‚ labor‚ and overhead cost to products and to provide a mechanism for computing unit product costs. 2. Both systems use the same basic
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CHAPTER 4 PRESENTATION‚ ANALYSIS AND INTERPRETATION OF DATA This chapter presents the analysis and interpretation of data gathered out of the instruments used in the study‚ and is presented according to the specific problem sited in chapter 1 and should present the answer to the test of the hypotheses. The result of the study is presented using the tabular presentations (use of statistical table)‚ graphical presentation (use of graphs)‚ and textual presentations (use of statements or sentences)
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Chapter 3 #2 - When is a company’s competitive advantage most likely to endure over time? A company’s competitive advantage is most likely to endure over time when the company has built barriers to imitation‚ which make it difficult for a competitor to copy the company’s distinctive competencies. Another element needed is the ability to quickly react to changes in the customer’s needs and have a high absorptive capacity in order to identify‚ value‚ assimilate‚ and use new knowledge. Lastly‚ the
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chemical properties of pure chemical substances by subjecting them to various environmental extremes. Procedure: Filled each test tube with substances provided and subjected them to various conditions. These conditions included‚ heat‚ cold water‚ hot water‚ acid and basic additions and tested on litmus paper. The reactions were observed and documented at each step. Data tables: Substance name Color Odor Effect of heat Cold H2O Hot H2O Litmus Test Dilute HCl Dilute NaOH Mg Small silver
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Chapter 4‚ 5‚ 6‚ 7 Summary Operations can be analyzed at three levels 1. Flow between operations (the level of the supply network) 2. Flow between the processes (the level of operations) 3. Flow between the resources (the level of the processes) Design Design is to conceive the looks‚ arrangements‚ working of something it is constructed What is process design? What are the objectives of process design? How do volume and variety effect process design? How are process design identical? Process Design
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Lab 2 – Water Quality and Contamination Experiment 1: Effects of Groundwater Contamination Table 1: Water Observations (Smell‚ Color‚ Etc.) Beaker Observations 1 Clear no smell 2 Oil was on top and did not mix with water and it had a slight smell 3 A slight haze look to water with strong smell of vinegar 4 Water turned cloudy with bubbles on top and was the hardest to see through 5 100 ml of water filtered through 60 ml soil resulted in slight brown soil colored water 6 100 ml water
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Chapter 4 2. Why do economists use percentages rather than absolute amounts in measuring the responsiveness of consumers to changes in price? Why do economists use percentages rather than absolute amounts in measuring the responsiveness of consumers to changes in price? Economists use percentages rather than absolute amounts for two different reasons. The first reason for using percentages rather than absolute amounts has to do with the affect a particular amount can have on demand.
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CHAPTER FOUR Q4.3. Power Toys (a) Since every resource has exactly one worker assigned to it‚ the bottleneck is the assembly station with the highest processing time (#3) (b) Capacity = 1 / 90 sec = 40 units per hour (c) Direct labor cost = Labor cost per hour / flow rate = 9*$15/h / 40 trucks per hour = $3.38/truck (d) Direct labor cost in work cell= (75+85+90+65+70+55+80+65+80) sec/truck * $15/hr = $2.77/truck (e) Utilization = flow rate / capacity 85 sec / 90 sec = 94.4% (f) (g) Capacity = 1
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Nitrate on Pond Water By Claudia Phillips September 6‚ 2014 Block Two INTRODUCTION This lab was designed to study and observe the effects of phosphate and nitrate applied to pond water (1). Phosphorous‚ commonly used in fertilizers‚ is a necessary and vital element for life but can enhance the effects of eutrophication (the over-enrichment of nutrients in water) (2). Nitrate is a common source of food for most algae‚ but too much can make living conditions in water harsh (3). They are
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Guided Reading Questions: Chapters 3 and 4 These questions are meant to serve as guide to help you pick out the most important information. Answer these questions to the best of your ability. Bulleted lists are acceptable as long as they consist of more than a few words. These concepts should be well thought out. Chapter 3 “Introduction” “Global Competition and the Expansion of England’s Empire” “Origins of American Slavery” “Colonies in Crisis”- Choose only one sub-topic “The Growth of
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