1. Product costs used for pricing and product-mix decisions generally include: Answer | | manufacturing costs only | | | design costs plus manufacturing costs | | | all costs incurred along the value chain | | | distribution costs only | 0.1 points Question 4 Within the relevant range‚ if there is a change in the level of the cost driver‚ then: Answer | | fixed and variable costs per unit will change | | | fixed and variable costs per unit will remain the
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to sell Christmas tree lights for $20 a box. The lights cost Marsha $5 a unit and any unsold lights can be returned for a full refund. She is planning to rent a booth at the upcoming Happy Holidays Convention‚ which offers three options: 1. paying a fixed fee of $1‚500‚ or 2. paying a $500 fee plus 10% of revenues made at the convention‚ or 3. paying 25% of revenues made at the convention.Which of the following statements is FALSE? Answer | | One of the options will allow Marsha to break even
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Allocation of Fixed Costs ACC 403 Principles of Accounting The articles describe two different approaches: Lean accounting and activity based costing. Both have pros and cons and the selection of "what is best for allocating IT" likely rests with the culture and types of businesses. I personally believe that activity-based costing‚ which essentially casts IT as a variable cost‚ making users sensitive to the requests they make of IT because every request is an incremental cost to their budget
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owned by the parents of Mr. Ernesto Bernadas‚ the current owner/manager. When their father passed away‚ their mother was no longer able to handle the business because of depression. So she decides to give it to Ms. Viviana Bernadas‚ her eldest daughter. For almost five years Mrs. Viviana handled the business. Until she noticed that she had a problem with her health. She needs to take a rest to avoid getting more tired. And she’s thinking that it is much better to give I to her younger sister‚ Ms. Josephine
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1.0 Introduction Point-of-Sales or POS with Inventory System‚ it can help the company in billing‚ monitoring the stocks‚ and issuing of receipts‚ importing all the product and goods in a system by using databases. Large companies used inventory system even small kind of business. As we observed‚ Gee Cee bakeshop Branch V. Tiomico Corner Gen. Hizon CSFP having a difficulties in billing and monitoring and issuing of receipts and they are finding ways or solutions to improve their business and make
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POINT OF SALE SYSTEM FOR GOFER DRUGSTORE CHAPTER 1 THE PROBLEM AND ITS SETTINGS INTRODUCTION Technology became the fastest rising sector in the society. It is already a course in college because more and more people are becoming aware of its great help to human functions. Systems applications are being developed to minimize effort during transactions for personal use and at most to business purposes. Living in a complicated and rushed time‚ people go out and work to earn a living‚ too
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Cost Per Output and Cost Per Outcome Response Cost per outcome is the total cost of all units of service. Very simply‚ if you don’t know what it costs to achieve a certain output/outcome‚ you can’t know how much to charge for your services. A budget systems model is the foundation from which budgeting systems can be used to evaluate the success of an agency or company. Human Service Agencies receive pay based on how many people are helped‚ taking into account the cost of providing the services
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In 100 Years... The world will be a better place in 100 years. The people will have an entirely different perspective on the way to live. Everything will have advanced and made living easier. Crime will have minimized with the growing technology of the world. The U.S. Government will have gotten organized and stopped fighting other countries just because it can. Schools will hopefully be more of a republic than the almost total dictatorship that schools are now. In 100 years the way of life‚ the
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REVIEW OF RELATED LITERATURE 2.1 INTRODUCTION The data collection used as references to gain information during the research conducted. This literature reviews discuss about the information gathered by reading journals and websites. It explains several important terms being used in developing a Student Information Management System. While‚ project methodology is methods or technique used to complete this project. This chapter covers the related literature and brief analogy of
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Midterm Essay Rewrite College Costs How Much? Growing up‚ students were taught to get a higher education in order to make a comfortable living for them and their families. Now‚ those college graduates are crippled with large amounts of debilitating student loans and are unable to start a family of their own. According to the credit bureau TransUnion‚ the average student loan debt carried by each borrower has risen 30% to $23‚829 in the past five years. These graduates should be stimulating
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