Instructor Assignment # 1. 1. Alex Miller‚ Inc.‚ sells car batteries to service stations for an average of $30 each. The variable cost of each battery is $20 and monthly fixed manufacturing costs total $10‚000. Other monthly fixed costs of the company total $8‚000. Required: a. What is the breakeven point in batteries? b. What is the margin of safety‚ assuming sales total $60‚000?
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Compute a materials price variance for the plates purchased last month and a materials quantity variance for the plates used last month. Materials Price Variance measures the difference between what is paid for a given quantity of materials and what should have been paid according to the standard. (Actual Quantity x Actual Price) – (Actual Quantity x Standard Price) or AQ (AP-SP) Materials Price Variance = 12‚000 plates x ($2.50 - $2.35) = $1‚800 Materials Quantity Variance measures the difference
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Be Intelligent—Identify the Stakeholders You’ve identified the issue‚ and your ultimate goal is to take an action that will solve or address that issue. But we can’t skip right to the end just yet! Before thinking about the solution‚ consider the other people in the situation. Your decision—even if that decision is to do nothing—will have an effect on some people. We call these people the stakeholders. Like a pebble hitting the water‚ our actions have consequences that ripple out from the
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Individual Assignment: Types of Surveys Question 5 on p. 270 of Business Research Methods. Patricia Figueroa November 17‚ 2009 Qnt 561 Christopher Ajagu In the following situations‚ decide whether you would use a personal interview‚ telephone survey‚ or self-administered questionnaire. Give your reasons. a A survey of the residents of a new subdivision on why they happened to select that area in which to live. You also wish to secure some information
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This file of ECO 316 Week 2 Discussion Question 1 New Product‚ Will I Be Rich? comprises: My company just came out with a new product? Should I buy a bunch of company stock and get rich? What are the pros and cons of such an investment? Business - General Business ASHFORD ECO316 Financial Institutions Markets It is now time for you to start thinking about your future and make some educated decisions. If you need help‚ go to a career counselor or schedule an appointment with
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Opening Statement - Put criminals out of business instead of in jail. Phillip Morris a positive advocate in society goes after the green. We can finally be seen as a company that is an asset to society instead of the big bad tobacco wolf. We are losing profits on tobacco products. We are the only tobacco company that is international and have the worse results on the S & P 500. Every time you turn on the television there is an anti-tobacco advertisement. The Government resorts to taxing our
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California shores. 4. Some tests are destructive to the population. Like testing for an epidemic of e-coli bacteria in lettuce‚ we can’t take every lettuce produced in a farm and damage it while testing for the bacteria. The whole crop will be damaged. 5. Sample results are adequate. Valid and reliable samples provide adequate results that are very close to the population results. For example‚ checking the price of rice in the retailers in US‚ it is sufficient to get a retailer from each region to get
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Team Assignment Week 5 Your team members run an HR consultant firm to several companies in the metropolitan area. In your email in box one morning there are several emails from several different companies‚ all of which want your advice on the legality of Help Wanted ads for jobs in their respective companies. Their main question is whether or not the job ads would violate any of the federal laws which prohibit job discrimination. Here is the content of the email queries: A. (From a local stage
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Chapter 3 Notes Important People ● Eliza Lucas became the first person in the colonies to grow Indigo and developed a way of extracting its deep blue dye. She hoped that her Indigo crops would add not only to her family but to the British empire. ● Sir Edmund Andros ruler of New England a veteran military officer from an aristocratic English family ● James II consolidated the Northern colonies into the Dominion of New England in 1686 ● William and Mary succeeded James II after the glorious revolution of 1688
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1.5 The following information is collected from students upon exiting the campus bookstore during the first week of classes: a. Amount of time spent shopping in the bookstore Answer: Numerical; Continuous variables because the answer represent quantities. The response arises from a measuring process b. Number of textbooks purchased Answer: Numerical; discrete variables because the answer represent quantities. The numerical values that from a counting process. c. Academic major Answer:
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