Since the days of the industrial revolution‚ man has always wanted to improve his environment‚ or to make his life easier. Whether it was a way to speed up production of goods‚ better communication‚ or just improving and existing idea‚ man has yearned to exceed his boundaries and push the limits of his abilities. Technology is gaining a new height and achieving new success ever since from the beginning of its journey. Mankind had technology based tools since the beginning of recorded history. Technology
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| Total Marks: ______ / 100 marks = ________ % Grade: Question I: Identification: Fill in the blanks the correct answer. You are having a dress shop‚ indicate the proper classification of cost behavior whether it is VARIABLE or FIXED for each of the following items below: |Cost Element |Cost Behavior | |Material used to make shirts
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taken into account and a variable from the macro-environment that has influenced the Wakaberry business is the Healthier Lifestyle variable. People today are more health conscious than ever. This has influenced Wakaberry to create yoghurt that is 98% fat free. The impact of this variable is shown from this excerpt in the case study: “Wakaberry offers 100% REAL frozen yogurt‚ which is 98% fat free; perfect for health-conscious consumers.” 1.1) b) Another macro-environment variable that has influenced
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net income (net profit). 4 Variable Costs Fixed Costs Mixed Costs Cost Estimation Methods Cost Estimation Methods are frequently required to separate the fixed and variable components of a total cost pool. Methods include: 1. 2. 3. 4. 5. Account Analysis Scattergraph High-Low Method Regression Relevant Range Scattergraph High-Low Method Example: Let total costs at 500 units of output be $150‚000 and at 3‚000 units of output be $400‚000. Calculate variable and fixed costs‚ respectively
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Because we‚ as a society‚ are embracing technology without fully understanding the long-term ramifications of this decision. We’re constantly seeking out short-term gains and improvements without really taking into consideration the whole picture for future generations. Computers are great‚ don’t get me wrong. They are wonderful tools that help many simplify their life‚ get more information‚ and in the end‚ hopefully make better‚ more informed decisions. These better informed decisions hopefully
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People have become overly dependent on technology. Although technology has pros and cons. The impact of technology on us as people could be shown in various ways. Also technology has changed our society in many different ways. Technology helps us to produce goods more quickly. Technology surrounds us everywhere. People are exposed to it some way or another. There is no escape from it. We use technology at all times like for example we awake with the sound of our alarm‚ we look at the time‚ we
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Bilguun Tugs-Amgalan Everett LeGrande English 1 5/April/2011 People have become overly dependent on technology Humans have been called the animals which make things‚ and at no time in history has this been so obvious as the present. Today‚ every human activity is dependent upon various tools‚ machines‚ and systems‚ from growing food to providing shelter to communication‚ healthcare‚ and entertainment. Some machines‚ like the tractor‚ speed up and make more efficient activities that humans have
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1. (TCO F) Bingham Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below. Work in process‚ beginning: Units in beginning work-in-process inventory | 400 | Materials costs | $6‚900 | Conversion costs | $2‚500 | Percentage complete for materials | 80% | Percentage complete for conversion | 15% | Units started into production during the month | 6‚000 | Units transferred to
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Exercises 5-11 through 5-18: Summit Manufacturing‚ Inc. produces snow shovels. The selling price per snow shovel is $30. There is no beginning inventory. Costs involved in production are: Direct material $5 Direct labor $4 Variable manufacturing overhead $3 Total variable manufacturing costs per unit $12 Fixed manufacturing overhead cost per year $180‚000 In addition‚ the company has fixed selling and administrative costs of $160‚000 per year. Exercise 5-11. During the year‚ Summit produces
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Automatic Dependent Surveillance – Broadcast (ADS-B) ADS-B is one of the most important‚ underlying technologies in the FAA’s plan to transform air traffic control from the current radar-based system ( that was invented during World War II) to a satellite-based system. ADS-B is bringing the precision and reliability of satellite-based surveillance to the nation’s skies. AviationGlossary.com defines ADS-B as Automatic Dependent Surveillance Broadcast ADS-B is a next generation surveillance technology
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