Question # 1 (4 marks) Reardon Inc. publishes accounting textbooks and expects to sell 6‚000 during the coming year. The average selling price per textbook is $75. Projected costs for 6‚000 textbooks are as follows: Direct Materials $94‚500 Direct Labour $45‚000 Variable Manufacturing Overhead $48‚000 Fixed Manufacturing Overhead $96‚000 * Fixed Selling and Administrative $42‚500 Variable Selling and Administrative $25‚000 * Total Fixed Manufacturing Overhead increases
Premium Variable cost Management accounting Costs
Portfolio Assignment SUS1501 – Sustainability and Greed Student Name|Anelle Strauss| Student Number|50041916| Date|13/05/2013| Teaching Assistant Name|| Declaration: By submitting this portfolio‚ I implicitly declare that this is my own work except for the “Introduction” which was kindly written for me by my lecturer. Introduction My aim in compiling this portfolio was to reflect on the things that have struck me throughout this crazy module. My starting point for
Premium World population Wealth Poverty
Task Learning Outcomes Pass & Assessment criteria Indicative Guidelines Task 1 LO1 Understand different food and beverage production and service systems P1: discuss the size and scope of the conference and banqueting industry in the UK. (AC 1.1) P2: analyse factors that have influenced its development. (AC 1.2) P1. You need carry out research about the size and worth of the conference and banqueting sector of the hospitality industry. These include the diversity of venues and types of
Premium Management Hospitality industry Hotel
1. List the components of the x-ray generating system and the primary functions of each. a. Line compensator- measures the voltage provided to the x-ray imaging system and adjust that voltage to precisely 220 V. input voltage can vary up to 5%. b. Autotransformer- is designed to supply precise voltage to the primary side of high voltage transformer and to the filament circuit. c. kVp controls- by selecting the major or minor kVp controls‚ a more precise kilovolt peak is provided. kVp
Premium Alternating current Electric motor Control theory
Updated March 2011 DNA‚ RNA structure and function Why are multiple copies of tRNA and rRNA genes needed? a. These RNAs are destroyed very rapidly. b. These RNAs are very stable. c. These RNAs are needed in large amounts. d. These RNAs do not benefit from the extra amplification step that occurs for protein-encoding genes. e. c and d If you treat mitotic chromosomes with solutions that extract histones‚ what happens? a. The chromosomes become more condensed
Premium DNA Gene RNA
Revenues measure the inflow of net assets resulting from selling products or services. Failure to adjust for depreciation results in the overstatement of assets and the understatement of net income. (FALSE). Which of the following transactions would not affect owners’equity? Purchasing supplies for cash. Increased earnings do not always generate an increase in cash flow. CFO includes: selling goods‚ not: buildings‚ dividends‚ long-term debt. Depreciation reduces net income but is not related to a
Premium Generally Accepted Accounting Principles Finance Economics
Grade Details 1. Question: The primary operating goal of a publicly-owned firm interested in serving its stockholders should be to _________. Your Answer: maximize its expected total corporate income maximize its expected EPS minimize the chances of losses maximize the stock price per share over the long run‚ which is the stock’s intrinsic value CORRECT maximize the stock price on a specific
Premium Investment Finance Stock market
ECO 372 Final Exam 1).The largest source of household income in the U.S. is obtained from2) The market where business sell goods and services to households and the government is called the3) Real gross domestic product is best defined as4) Underemployment includes people5) The Bureau of Economic Analysis is responsible for which of the following6) The Federal Reserve provides which of the following data7) Consider if the government instituted a 10 percent income tax surcharge. In terms of the AS/AD
Free Monetary policy Inflation Central bank
Final Exam Notes The classifications of products are: * Business products: * A product used to manufacture other goods or services‚ to facilitate an organization’s operations‚ or to resell to other consumers. * Consumer products: * Product bought to satisfy an individual’s personal wants. The types of consumer products: * Convenience products: * Are relatively inexpensive and require limited shopping effort. * Shopping products: * Are of two types: homogeneous
Premium Marketing
DO YOU FAVOUR FOR MEASURING CHILDREN’S PROGGRES – FINAL EXAMS OR CONTINUOUS ASSESSMENTS? In many schools‚ students’ studies are evaluated by final examinations‚ while‚ in many other schools‚ students’ studies are assessed by continuous tests during the school year. I believe that continuous assessment is more useful‚ but final exams are also needed. Continuous tests during the school year do not put students under as great a pressure as final examinations at the end of each semester. For continuous
Premium Education Learning School terminology