Health Cruises should present its product regardless of its current financial status. 3. The advertising agency has proposed two alternative campaigns to help fill the boat. One will cost $6000 and the other would cost $15‚000. Which would you suggest? *Breakeven point including = 295000+6000/1300 = 232 another ads cost $6‚000(in units) * Breakeven point including = 295000+15000/1300 = 239 another ads cost $15‚000(in units) : I suggest the corporation to choose the campaign
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and communication accounting information. Page 2 LIST OF TRANSACTIONS 1ST TRANSACTION: 2013 September 1 – The business commenced with following assets and liabilities: Cash - $10000 Bank - $30000 Motor Van - $6000 Stationery - $8000 Furniture - $6000 September 1 – opening stock amounted to $283 September 2 – paid rent by cash $140 September 4 – bought motor van by cheque $550 from L.Woods September 6 – bought stationery paying by cheque $60 September 8 – sold eight textbook for
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Executive Summary Happyland Construction‚ an engineering firm engaged in the design and construction of oil shale plants‚ is building a new plant in Blissful Valley that requires the use of a new piece of equipment‚ a new crane. The GargantuLift 6000 crane model produced by Mega Corporation is the recommended crane by engineering‚ maintenance‚ finance‚ purchasing‚ and management staff. Senior management needs to decide whether it is more beneficial for Happyland Construction to purchase the crane
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Major Assignment 1) a) Demand Function: Quantity Demanded (Qd) = a + b* Price (P) Supply Function: Quantity Supplied (Qs) = a + b* Price (P) Where: a = constant b = the change in quantity as a result to the change in price. Demand Function: Quantity Demanded (Qd) = a + b* Price (P) b = (420 – 350) / (20 – 25) = 70 / -5 = -14 Using: P = 25‚ Qd = 350 350 = a – 14 * (25) 350 = a – 350 Therefore a = 700 and the demand function would be: Qd = 700 – 14 * P Supply Function:
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Introduction to Hospitality Industry The hospitality industry is part of a larger enterprise known as the travel and tourism industry. It is one of the oldest industries in the world. In early days‚ traders‚ explorers‚ missionaries and pilgrims needed a break in their journeys requiring food‚ shelter and rest. People opened their homes and kitchens to these weary travellers‚ and an industry was born. Although accommodation today is varied and their services have changed and expanded over the
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Atlanta construction companies and home re-modelers. Based on past experience‚ Art estimates that he needs a work-force that varies with the level of tile weekly production according to the following table: Tiles produced 1000 2000 3000 4000 5000 6000 7000 8000 Workers required 10 19 27 34 41 48 58 70 a. Calculate the average and marginal product of labor for each increment of 1000 units of production and present your results in table. In a sentence or two describe the results. b
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help 3000-6000 AIDS patients‚ while maintaining a cost of less than $700/patient/year‚ and continuing to provide emergency relief and development assistance. CIDA‚ a government organization‚ will fund AIDS projects if they achieve the targets set out above. In addition‚ CIDA will provide development and relief funding provided the support service cost does not exceed 20% of total project activity expense. Two alternative were evaluated to help FAC achieve its goal of reaching 3000-6000 AIDS patients
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any of FinePrint’s current business with its regular customers. Should Johnson accept the special order? $ $ TOTAL Sales (25‚000 × $10/100) 2500 (150‚000 × $17/100) 25‚500 28‚000 Manufacturing costs: Direct material [$6000 + (0.04 × 25000)] 7000 Direct Labour – variable [$1500 + (0.01 × 25000)] 1750 Direct Labour – fixed 3000 Manufacturing overhead – variable 1750 Manufacturing overhead – fixed 3375 16875 Non-manufacturing costs: Sales
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REVIEW QUESTION SET #1 FOR THE MIDTERM EXAM QUESTION 1 (PRODUCTIVITY) ElectroPlus manufactures electronic components. It has recorded data for the last three years as shown in the table below. ElectroPlus Productivity Data (in millions of dollars) 2009 2010 2011 Sales 220 258 248 Materials 124 146 142 Labor 56 66 56 Overhead 16 24 20 a) Calculate a measure of labor productivity for each year and comment on the pattern. b) Calculate a measure of multifactor productivity for each year using
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money). The choice outcomes of the problems presented in each of the three task domains had a binary structure of a sure thing vs a gamble of equal expected value; the outcomes differed in their framing conditions and the expected values‚ raging from 6000‚ 600‚ 60‚ to 6‚ numerically. It was hypothesized that subjects would become more risk seeking‚ if the sure outcome was below their aspiration level (the minimum requirement). As predicted‚ more subjects preferred the gamble when facing the life–death
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