contribution income statement for financial accounting – it is used only for internal decision making purposes. B. What is the difference between absorption costing and variable costing? Absorption costing is a costing method where product cost includes all the costs to acquire products and get them ready to sell regardless of whether the costs are variable or fixed. Generally Accepted Accounting Principles requires business to use absorption costing for financial accounting. Variable costing is a method
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Duty of Care – Unit 204 1.1 Define the term ‘Duty of Care’ Employers have a duty of care to their employees‚ which means that they should take all steps which are reasonably possible to ensure their health‚ safety and wellbeing. A duty of care is a good way to build trust with your service user as it ensures that there is no harm caused towards them. Employers have the responsibility not to cause‚ or fail to prevent any harm to their customer and must do their responsibilities with consider to personal
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Chapter 5 Learning Objectives 1. Explain the concept of price elasticity of demand and its calculation. The price elasticity of demand measures the responsiveness of quantity demanded to changes in price; it is calculated by dividing the percentage change in quantity demanded by the percentage change in price. 2. Explain what it means for demand to be price inelastic‚ unit price elastic‚ price elastic‚ perfectly price inelastic‚ and perfectly price elastic. Demand is price
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survive‚ it is very dangerous for her. There is no man in our family which makes it hard to do anything in our community because the Taliban have so many unfair rules. 2. Do you think it’s safe for parvana to go outside as a man? It’s not safe at all but we have to do it to live. When the Man of the family is gone it’s even harder I hope he comes back but he cant right now so parvana is going to have to help us out or our family won’t live. 3. Do you think it’s hard for your family without
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Romeo and Juliet – William Shakespeare Act I 1) What dramatic functions are served by the Prologue? They talk about the suicides of Romeo and Juliet and how tragic it is. They bring it up in the prologue because they want to get the reader interested and curious about what happens in the story. 2) How does the feud begin in the first scene in the play? The servants of the House of Montague and those of the House of Capulet meet in the street and the servants of Montague are giving
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1. When comparing the composition of world trade in the early 20th century to the early 21st century‚ we find major compositional changes. These include a relative decline in trade in agricultural and primary-products (including raw materials). How would you explain this in terms of broad historical developments during this period? The typical composition of world production during this period experienced major changes. Focusing on today’s major industrial countries the industrial-employment composition
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Simple Diffusion Activity 1: Simulating Simple diffusion 1.What is the molecular weight of Na+? 22.9 2. What is the molecular weight of Cl-? 35.45 3. Which MWCO dialysis membranes allowed both of these ions through? 50‚ 100‚ and 200 4. Which materials diffused from the left beaker to the right beaker? Urea‚ NaCl and glucose diffused 5. Which did not? Why? Albumin‚ because the molecular weight exceeded the highest MWCO membrane‚ thus being to large to pass through
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anything. Betrayal.......The main theme of the short story is betrayal–Laura’s betrayal of her religion‚ the revolutionary movement‚ her students‚ and most of all herself. True‚ she enters a church on occasion to pray‚ and she runs errands on behalf of the Marxist insurgents. Moreover‚ she earns the respect and love of her students. However‚ in all of her activities‚ she lacks enthusiasm and commitment; she refuses to give fully of herself. This reluctance to bind herself to an ideal or a cause mirrors
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Thomas Edison State College Principles of Managerial Accounting (ACC-102) Final Project 1. Cost-volume-profit relationships (15 points) The following data are available for a product manufactured and sold by Logan Company: Compute the following: (a) Contribution margin per unit: $_______________ Solution: Computation of the Contribution margin per unit Contribution margin per unit = Selling price per unit – Variable Cost per unit Where as Selling price per unit = 212 Variable Cost per
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Lesson 1 (5.0 points) 1. What is scarcity? (1.0 points) Scarcity is the condition of people having unlimited wants but living in a world with limited resources. 2. What is an economy? (1.0 points) An economy is a system of trade. Trade is the exchange of things of value. 3. What is a commodity? (1.0 points) A commodity is something of value that can be bought‚ sold‚ or traded‚ such as a book‚ a car‚ or tutoring lessons. 4. What is a producer? (0.5 points) A producer is
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