CHAPTER 10 QUIZ 1. A mixed cost function has a constant component of $20‚000. If the total cost is $60‚000 and the independent variable has the value 200‚ what is the value of the slope coefficient? a. $200 b. $400 c. $600 d. $40‚000 2. [CMA Adapted] Of the following methods‚ the one that would not be appropriate for analyzing how a specific cost behaves is a. the scattergraph method. b. the industrial engineering approach. c. linear programming. d. statistical regression analysis.
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Chapter 11: 1-19 1. The management strategy changed from setting an annual total allowable catch (TAC) and allowing the fishing fleet to fish until the TAC was reached. In 1990 the fishing season was only 6 days‚ most of the fish caught had to be frozen‚ gear was lost or damaged‚ and crews were endangered when the weather was bad. Now the individual quota system is used‚ so owners of fishing vessels can decide when to fish within a season that last(s) as long as 8 months. The fishers got an increase
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E -11 DM 5 DL 4 VMO 3 FMO = 180‚000/50‚000 = 3.6 Total = 15.6 15.6 * 5‚000 (50‚000-45000) = 78‚000 E-12 DM 5 DL 4 VMO 3 Cost per unit = 12 $ EIV = 12 * 5000 = 60‚000 E-13 Difference 3.6 * 5000 = 18‚000 And 78‚000 – 60‚000 = 18‚000 E-14 CGS sold = 45000(sold) * 15.60 = 702‚000 E15 12 * 45000 = 540‚000 E16 Sales = 30 * 45‚000 = 1‚350‚000 CGS 702‚000 CM 648‚000 Less S & admin. 160‚000 Net income 488‚000 E17 Sales =
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ECO 550 WEEK 6 CHAPTER 11 AND CHAPTER 12 PROBLEMS download here Chapter 11 2. Ajax Cleaning Products is a medium-sized firm operating in an industry dominated by one large firm Tile King. Ajax produces a multi-headed tunnel wall scrubber that is similar to a model produced by Tile King. Ajax decides to charge the same price as Tile King to avoid the possibility of a price war. The price charged by Tile King is $20‚000. Ajax has the following short-run cost curve: ‚000 - 5‚000Q + 100Q2. A. Computer
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800 | | | Cash | | 800 | 28 | Dividends | 500 | | | Cash | | 500 | | | | | b) Post the December transactions. (Use the general ledger accounts prepared in Ch. 3) | | | | | | Cash | | | | Nov. 8 500 | Nov. 11 95 | | | 16 2000 | 14 125 | | | 25 60 | 17 900 | | | 29 100 | 30 1200 | | | Dec. 5 90 | Dec.15 50 | | | 8 300 | 16 600 | | | 9 750 | 23 1250 | | | 19
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Analytics exercise: Quality Management - Toyota Discussion Questions: Develop diagram that summarizes what Toyota has done in response to it recent quality recall problems. Focus on the changes by functional area (i.e. Management‚ Product Design‚ Quality‚ and Manufacturing). Functional Area Actions Management Name a managing director to oversee all safety-related issues. Quality Launch a global database to track vehicle repairs and cut reporting times about customer complaints from
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22b‚ 23a‚ 24b‚ 25b. * * Chapter 11 * Rational why slavery is a good institution – slaves were treated better than labor workers because they were taking care of their property while northerners didn’t care about factory workers * How did slaves find solace in biblical teachings during this time? – rich man and Lazarus -> slaves felt white man represented rich man while slaves were being oppressed and would end up in heaven. (See in Chapter Summary) * * Rise of cotton and
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Chapter 11 Why fund-raise? Program requirements‚ unallowable cost‚ and new business ventures True Philanthropic has to Fundraise. Non-profit has to earn money to operate on your truly a philanthropic Fund-raising is synonymous w/ nonprofit (development or advancement) Importance of Gifts to Nonprofit Organizations: Charitable or philanthropic giving is an important source of revenue for many nonprofits‚ though relative importance varies among subsectors Health services organizations --
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and blaming (2:9). In verse 11 Job’s three friends come on the scene remaining with him for seven days in complete silences. According to Jewish tradition‚ people who come to comfort someone in mourning should not speak until the mourner speaks. This is often a good response for us when we visit one who is suffering. Sometimes just our presents is the best comfort. After the seven days of silences the dramatic movement of Job begins. The first Cycle in chapters 3-14. Here starts the first round
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| |X | |10. |Workers’ compensation insurance for factory employees |X | | |11. |Depreciation on chairs and tables in the factory lunchroom
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