1. The chief economist for Argus Corporation‚ a large appliance manufacturer‚ estimated the firm’s short-run cost function for vacuum cleaners using an average variable cost function of the form. AVC= a + bQ+ cQ^2 (the 2 is suppose to be exponent) Where AVC=dollars per vacuum cleaner and Q=number of vacuum cleaners produced each month. Total fixed cost each month is $180‚000. The following results were obtained: Dependent Variable:AVC R-Square
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------------------------------------------------- ASSIGNMENT ON COST CONTROL AND COST REDUCTION ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- -------------------------------------------------
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INTERNATIONAL B-SCHOOL SUBJECT: FINANCIAL & COST ACCOUNTING Total Marks: 80 N.B.: 1)Allquestionsarecompulsory 2) All questions carry equal marks. Q1) ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In addition‚ ABC Ltd will have to incur costs of Rs 1.50 per unit for freight and Rs 10‚000
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Atkins diet foods are anything but difficult to discover and accessible all over the place. There are numerous assortments to browse‚ whether you pick prepackaged low-carb diet sustenances or make your own dinners. Regardless of how you need to do the Atkins arrangement‚ there is an answer out there for you. You’ll have to remember the Atkins nourishment pyramid when you settle on sustenance decisions. The Atkins pyramid looks vastly different than the USDA Food Guide Pyramid. The base of the pyramid
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5 / ¼.5= .67%/ 22%= 3.05 Ch 22 #7 1. Key Question A firm has fixed costs of $60 and variable costs as indicated in the table on the following page. Complete the table and check your calculations by referring to question 4 at the end of Chapter 23. 1. Graph total fixed cost‚ total variable cost‚ and total cost. Explain how the law of diminishing returns influences the shapes of the variable-cost and total-cost curves Graph AFC‚ AVC‚ ATC‚ and MC. Explain the derivation and shape of each
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the average expectancy life is 52 years old (CIA‚ 2012). This essay will assess two solutions to low life expectancy in the developping world. First‚ the.promotion and improvement of the health care system and infrastructure‚ then the development of appropriate education programs to instruct and educate the population of those third world countries. The countries where life expectancy is very low are country where death rates are very high. These death rates are caused by further facts as war
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After doing this assignment I realized some of the reason that low-income families do what they do. It is very hard for a family to live off of a minimum wage salary; it doesn’t matter if it is a single parent or a two-parent household. The more people are in a household‚ the more expenses there will be‚ I never really thought about that concept until doing this assignment. Something’s that some people might take for granted can actually be a luxury to others. A car for example‚ I never realized
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I believe that low paying jobs have a negative effect on a person’s personality. In addition‚ I think that low paying job is an opportunity‚ on the other hand a barrier of achieving success and a finer future. Mostly‚ low paying jobs is an opportunity for teenagers. In the U.S‚ teenagers could start working at the age sixteen‚ so I think it’s really fantastic that you don’t need to depend on your parents for everything‚ and you can even help them financially. At the same time‚ low paying jobs could
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11 Allocation of Joint Costs and Accounting for By-Product/Scrap Objectives After completing this chapter‚ you should be able to answer the following questions: LO.1 LO.2 LO.3 LO.4 LO.5 How are the outputs of a joint process classified? What management decisions must be made before beginning a joint process? How is the joint cost of production allocated to joint products? How are by-product and scrap accounted for? How should not-for-profit organizations account for the cost of a joint activity?
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The Blue-fronted Amazon Parrot The blue-fronted Amazon parrot’s scientific name is Amazona aestiva. They are found in Central America and South America. They live in rain forest and jungles. They like to eat leaves‚ flowers‚ insects and seeds. The blue-fronted Amazon parrot is 12 to 14 inches. Their body is mostly green with a blue front. Their head and forehead will have other colors. The blue-fronted parrot’s forehead has light blue feathers on it. They are great climbers but not good at
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