basic) 141‚000 are expected to remain unchanged next month. Property tax on building 194‚000 Calculate unit cost and total cost if 21‚000 units Total Fixed Costs 1‚542‚000 are produced next month. Total Cost for 21‚000 units 6‚335‚600 2/ The Dollar Store’s cost structure is dominated by variable costs with a contribution margin ratio of 0.45 and fixed costs of $119‚700. Every cost structure of a competitor‚ One-Mart‚ is dominated by fixed costs . with a higher contribution
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Chapter 2: Aid for investment -What is the financing gap? Gap between required investment and domestic saving -Explain the Harold-Domar approach and its failings? GDP growth will be proportional to the share of investment spending in GDP. Its failings are that this model applied more to the short-run business cycle in rich countries. Also‚ he was writing in the aftermath of the Great Depression‚ thus taking high unemployment as given. -True or False. There is no relationship between aid and
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References: Managerial Accounting [VitalSouce bookshelf version]. Retrieved from http://digitalbookshelf.argosy.edu/books/0077588002/id/ch02ufn2
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SOLUTIONS FOR MULTIPLE‑CHOICE QUESTIONS 6.24 a. Correct Risk is high when the company always estimates the inventory but never takes a complete physical count. b. Incorrect Risk is low when the petty cash box is always locked in the desk of the custodian. c. Incorrect Risk is low when management has published a company code of ethics and sends frequent communication newsletters about it. d. Incorrect Risk is low when the board of directors reviews and approves all investment transactions. 6.25
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Production and Operations Analysis‚ Fourth Edition Solutions To Problems From Chapter 2 2.12 a) and b) Forecast (86 + 75)/2 (75 + 72)/2 etc = = 80.5 73.5 77.5 107.5 98.5 87.5 100.0 78.5 79.5 95.0 = = Period 3 4 5 6 7 8 9 10 11 12 21.6 717.5 Actual 72 83 132 65 110 90 67 92 98 73 et +8.5 -9.5 -54.5 42.5 -11.5 -2.5 +33.0 -13.5 -18.5 +22.0 c) MAD MSE = = (216)/10 (7175)/10 MAPE = 100 1 n ∑D i ei = 25.61 2.13 Fcst 1 Fcst 2 223 289 430 134 190 550 210 320 390 112 150 490 Demand
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Transaction Cash Net Income a) Purchased $100 of supplies for cash. -100 0 b) Recorded an adjusting entry to record use $20 of the above supplies. 0 -20 c) Made sales of $1‚300‚ all on account. 0 1‚300 d) Received $800 from customers in payment of their accounts. 800 0 e) Purchased equipment for cash‚ $2‚500. -2‚500 0 f) Recorded depreciation of building for period used‚ $600. 0 -600 a)
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CHAPTER 2 The Recording Process ASSIGNMENT CLASSIFICATION TABLE Study Objectives 1. Explain what an account is and how it helps in the recording process. Define debits and credits and explain their use in recording business transactions. Identify the basic steps in the recording process. Explain what a journal is and how it helps in the recording process. Explain what a ledger is and how it helps in the recording process. Explain what posting is and how it helps in the recording process. Prepare
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02 Solutions 46060 5/6/10 1:45 PM Page 1 © 2010 Pearson Education‚ Inc.‚ Upper Saddle River‚ NJ. All rights reserved. This material is protected under all copyright laws as they currently exist. No portion of this material may be reproduced‚ in any form or by any means‚ without permission in writing from the publisher. 2–1. An air-filled rubber ball has a diameter of 6 in. If the air pressure within it is increased until the ball’s diameter becomes 7 in.‚ determine the average normal
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FIN 534 – Homework Chapter 2 Directions: Answer the following five questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed‚ or both. Submit your assignment using the assignment link in the course shell. Each question is worth five points apiece for a total of 25 points for this homework assignment. 1. Which of the following statements is CORRECT? c. If a firm is more profitable than average (e.g.‚ Google)‚ we would normally expect
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