Prime cost. | B | Conversion cost. | C | Period cost. | D | Nonmanufacturing cost. | 2. | Prime cost and conversion cost share what common element of total cost? | A | Direct materials. | B | Direct labor. | C | Variable overhead. | D | Variable overhead. | 3. | On the Schedule of Cost of Goods Manufactured‚ the final Cost of Goods Manufactured figure represents: | A | the amount of cost charged to Work in Process during the period. | B | the amount of cost transferred
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administrative expenses were as follows: Total cost Rs. Beginning inventory: Direct materials Direct labour Variable factory overhead Fixed factory overhead Total Current period costs: Direct materials Direct labour Variable factory overhead Fixed factory overhead Total Selling and administrative expenses: Variable Fixed Total Instructions: 1. 2. 3. Prepare an income statement based on the variable costing concept. Prepare an income statement based on the absorption costing concept. Give the reason for
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Explain the function of a hot idle compensation valve? 14) What are the effects of injection lag? 15) What are the different types of nozzles used with the injectors? 16) Explain briefly any two important fuel supply system widely used in automobiles 17) What is duel carburettor? List out its advantage over single jet carburettor? 18) List the components present in a diesel fuel pump and injector arrangement? 19) What do you mean by idling speed of an engine? How it affects fuel
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2-Variable Inequality Here is an example of a problem very similar to the one in the Week Three Assignment: Catskills Hammock Company can obtain at most 2000 yards of striped canvas for making its full size and chair size hammocks. A full size hammock requires 10 yards of canvas and the chair size requires 5 yards of canvas. Write an inequality that limits the number of striped hammocks of each type which can be made. (b) First I must define what variables I will be using in my inequality
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Tanzania A M acroeconomic Analysis 1 2/15/2011 1 CONTENTS Sl. NO. TOPIC PAGE NO. 2 1. General Overview of Tanzania 2. Macroeconomic Performance in the recent past 3. Macroeconomic Difficulty-1 § Overview § Possible Solutions 8 10 Macroeconomic Difficulty-2 § Overview § Possible Solutions 12 13 References 14 4. 5. 3 2 The United Republic of Tanzania is a nation in Eastern Africa which was formed in 1964 with the union of
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Chapter 10: Savings‚ Investment Spending and the Financial System 1. Given the following information about the closed economy of Brittania‚ what is the level of investment spending and private savings‚ and what is the budget balance? What is the relationship among the three? Is national savings equal to investment spending? There are no government transfers. GDP= $1‚000 million T= $50 million C= $850 million G= $100 million Investment spending is $50 million. The budget balance is
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The crumple zone is a structural feature in which can be mostly found in automobiles. They are constructed to absorb the kinetic energy from impact during an accident by controlled deformation. In order to absorb the impact of a head on collision‚ most of the time crumple zones are designed to be in the front part of a vehicle‚ they can also be found on the rear and sides of vehicles. Isaac Newton’s first law states that an object in motion will stay in motion with the same speed and direction unless
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AUTOMOBILE INDUSTRY IN INDIA: CURRENT TRENDS. By: Apoorva Kumar S Y ‘B’ Roll no- 2069 Automobile industry in India: Current Trends The Automobile industry in India is one of the largest in the world and one of the fastest growing globally. India manufactures over 17.5 million vehicles (including 2 wheeled and 4 wheeled) and exports about 2.33 million every year. It is the world ’s second largest manufacturer of motorcycles‚ with annual
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There are lots of advantages for small business to do business on the Internet. Depends on the type of business‚ it is not necessary for everybody to do business on the Internet. Prior to the invention of the Internet‚ Large global firms could work on advances in accessing the newest technological information‚ exchanging information‚ and reaching international customers. The Internet can help diminish information asymmetry and permits small businesses to act like large global businesses. Firstly
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for it in the market. 3. What is the distinction between gross and net? “Gross” means before subtracting depreciation or capital consumption. “Net” means after subtracting depreciation or capital consumption. The terms apply to investment‚ business profit‚ and aggregate production. Page 91 (page 493 in Economics) 1. What is the expenditure approach to measuring GDP? The expenditure approach measures GDP by focusing on aggregate expenditures. Data are collected on the different components
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