incurred in one year are always meaningful in the following year. 2. Which of the following is a product cost? A. Glass in an automobile. B. Advertising. C. The salary of the vice president-finance. D. Rent on a factory. E. Both "A" and "D." 3. The accounting records of Georgia Company revealed the following costs: direct materials used‚ $250‚000; direct labor‚ $425‚000; manufacturing overhead‚ $375‚000; and selling and administrative expenses‚ $220‚000. Georgia’s product costs total: A. $1‚050‚000.
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ASSAIGHNMENT NAME | DIVYA J.JATHANNA | ROLL.NO. | | COURSE | MBA-SEMISTER-1 | SUBJECT | MANAGERIAL ECONOMICS | SUBJECT CODE | MB0042 | LEARNING CENTER | TRACKS INDIA INFOTECH - 01508 | ASSIGHNMENT NO | | DATE | | SET 1 1) Mention the demand function. What is elasticity of demand? Describe the determinants of elasticity of demand. Answer: Demand function: The demand for a product or service is affected by its price‚ the income of the individual‚ the price of the other
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Article Analysis From Enron to Tyco‚ accounting scandals have always been a worrisome issue in accounting. Regardless of how many internal controls there are‚ there will always be a chance for unethical practices in accounting. Where and when do these problems arise? This paper will analyze an article listing situations that lead to those unethical practices and behavior that lawmakers try to prevent. In his article “What Are the Causes of Ethical Lapses in Accounting‚” Jagg Xaxx writes that business
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Emad Abdallah BLAW 4344.900 February 3‚ 2013 Assignment 2 Questions and Cases‚ Part 4‚ Chapter 17 1. How important is the role of the U.S. Government Agency in this transaction in relation to the DOJ’s decision? I believe the role of the U.S. Government Agency in the Foreign Corrupt Practices Act Review Opinion Procedure Release 10-01‚ may be somewhat critical. In the case assignment‚ the facts and circumstances‚ as represented by the Requestor are legal and the Department’s conclusion
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MBA 5600 Managerial Economics Assignment #1 1. What impact will the prospect of deprivatization have on investment by managers of privatized firms? The impact will be: - Loosing corporate focus; - Missing planned CEO turnover; - Affecting planned managerial objects and strategic efficiency Obviously‚ normal managers invest in long-term projects‚ products and services‚ deprivatization may come up with a different strategy that not aligned with corporate goals and its profit will probably
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faced with an economic crisis for the ages and they chose Ronald Reagan to deal with it. By the end of Jimmy Carter’s presidency the interest rate was 15.26 percent‚ inflation was at 12.5 percent and unemployment at 7.1 percent and these rates were still on the rise.[1] Coupled with an economy that was not growing‚ these rates pushed the United States into a recession. Due to the current situation President Jimmy Carter had put us in‚ Ronald Reagan was elected in a landslide victory and at 69 he was
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therefore it should on the top list of the managers (Lawler‚ 2008). However‚ Many Hospitality organisations uses the performance management system to help developed the performances of their employees to with the organisations goal or aim. For instance‚ Hilton Hotel deliberately uses performance management
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Chapter 2 Cost Terms‚ Concepts‚ and Classifications Exercise 2-2 (15 minutes) 1. 2. 3. 4. 5. 6. 7. 8. 9. 10 . 11 . 12 . 13 . 14 . 15 . Depreciation on salespersons’ cars ................ Rent on equipment used in the factory .......... Lubricants used for machine maintenance ..... Salaries of personnel who work in the finished goods warehouse.............................. Soap and paper towels used by factory workers at the end of a shift ...................... Factory supervisors’ salaries
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Master of Business Administration- MBA Semester 1 MB0042 – Managerial Economics - 4 Credits (Book ID: B 1625 ) Assignment Set -1 (60 marks) Note: Assignment Set -1 must be written within 6-8 pages. Answer all questions. Q1. Discuss profit maximising model in detail. 10 marks(350-400 words) Answer : Profit maximization is the rational behaviour of equilibrium assumption. Any firm which aiming at profit maximization model; will go increasing its output till it reaches maximum profit output
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Hilton Hotels: Brand differentiation through CRM ¿Qué razones llevan a Hilton a desarrollar e implantar OnQ? • Hilton’s aggressive expansion strategy that made it one of the biggest hotel chains worldwide with the acquisition of Promus‚ reaching nearly 1‚700 properties. At this point in time‚ the management decided that a company of this size would need a tool to handle all its internal information and operations. • The need for an integrated solution with a centrally managed access
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