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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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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examples. First stanza Tuition is a boon or a curse Teachers pressurize us to take tuitions threatening to deduct marks otherwise. Students taking tuitions become teachers pet. Teacher of so and so subject teaches nothing in the class but is a very good tuition teacher. Tuitions are a waste of time as environment there is very distracting. If I do not want to study‚ no one can make me do so. I go for tuitions because of parental pressure. Tuitions cause so much stress that I have
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misinterpretations. With this in mind‚ is intuition always reliable? And how does one determine whether or not to trust that gut feeling? Two types of intuition are used when confronted with a problem: educated and uneducated intuition. Although tuition involves little thinking and processing in the mind‚ there is still the possibility of scanning over a “file” that is relevant to the
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Costs and Revenues What is cost? If you go to a store and like an item and you want to buy it‚ which of the following questions would you ask: What’s the price of …..? 0R How much does …. cost? Examples of costs – set-up Examples of costs - running Fixed Costs 5000 What happened to the fixed costs if for some reason the company had technical problems and was unable to produce for 2 weeks? What happens if the landlord decided to raise the rent due to high property prices
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Having been a debate since it was raised from 18 to 21 in the mid-1980’s‚ lowering the drinking age is a proposal that is not only sensitive to many Americans‚ but is a widespread issue in our culture (The Debate on Lowering the Drinking Age‚ cbsnews.com). Although many states have tried lowering the drinking age‚ proponents of maintaing the minimum age have kept a strong case. After the ending prohibition‚ the banning of alcohol from 1920-1933‚ almost every state set their minimum drinking age to
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Discuss the opportunity cost of getting your MBA. What steps and economic factors must a student make when choosing between getting a degree and taking another route in life? Feel free to include aspects from your own decision to pursue your MBA. When considering to starting an MBA program‚ there are many questions that you have to ask yourself. Can I afford the program? Will it help me to become more marketable in the job industry? Will I have time to dedicate into completing coursework?
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College Tuition should be free in some states for three reasons. The amount of student loan debt has increased exponentially‚ if tuition was free this would stop the increase of this debt. Already there are colleges with free tuition in some states‚ granted special requirements have to be made. Also colleges in some European countries are free‚ Germany even offer free college to American students. That is why college tuition should be free in some if not most states. There is one primary reason
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The cost of college education today is so high that many young people are giving up their dream of going to college‚ while many others are graduating deeply in debt “ Bernie Sanders.” Majority of college costs fall between college tuition and fees category.If college is essential for building a career and being a full participant in our democracy as high school once was‚ shouldn’t it be free‚ paid for by public dollars People believe that colleges are a place to learn and students cannot do so if
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education‚ but sometimes I find myself wondering: Do the benefits of college still outweigh the costs? I want to say that college will always outweigh the cost‚ but I have no facts to support my opinion. With this paper‚ I have set out to prove or disprove my opinion. I will do so by researching three main topics. I will find the pros and cons of gaining a higher education‚ the statistical facts about the costs and debts gained and the possible ability to repay in a timely manner‚ and finally I will address
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