. (TCO 2) Bubba’s Crawfish Processing Company uses a traditional overhead allocation based on direct labor hours. For the current year overhead is estimated at $2‚250‚000 and direct labor hours are budgeted at 415‚000 hours. Actual overhead was $2‚200‚000 and actual direct labor hours worked were 422‚000. (a) Calculate the predetermined overhead rate. Rate‚ based on budgeted factory overhead cost and budgeted activity‚ that is established before a period begins. 2‚250‚000/415‚000 Budgeted
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1. A legal maximum on the price at which a good can be sold is called a? price ceiling. 2. Which of the following is likely to have the most price elastic demand? Breakfast cereal‚ corn flakes 3. A reduction in a country ’s barriers to trade? benefits some citizens of the importing country but does not benefit the domestic producers in the importing country. 4. The amount of a good that buyers are willing and able to purchase is quantity demanded. 5. Suppose a market in which demand is more elastic
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Quaterra Strategic Plan Final BUS/475 March 26‚ 2013 Quaterra Strategic Plan Final Every business needs a plan‚ in that plan businesses need direction. Business that want to be successful will have both a great plan going in a great direction‚ with investors‚ board members and employees that believe in the same outcome‚ together they will be willing to implement the plan in order to have success. Quaterra Alaska a junior exploration company has a plan to the leader in the mineral
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Assignment 2: Crosby Manufacturing Company Alhaji K Sesay Strayer University BUS 375: Project Management Prepared for: Prof: Christopher Greco 6/5/2013 Crosby Manufacturing Company Compose a synopsis of the case‚ using a maximum of 120 words. The president of the manufacturing company of Crosby Manufacturing Corporation Wilfred Livingston‚ called a meeting with the department managers to resolve the current problem that the company have with their management cost and control systems (MCCS). The
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The Max Planck DIET A TWO WEEK DIET FROM THE WEST GERMAN INSTITUTE FOR NUTRITION If this diet is followed (over 14 days) is strictly adhered to (with no changes at all)‚ You will lose 9 kg. Because this diet constitutes a change in your metabolism‚ you should not gain weight for at least 3 years. If you find that some or other food in the diet which you do not eat sorry you will have to eat it‚ because you are not allowed to swap it for something else. You can drink as much black coffee‚ water or
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Chapter 3‚ Question 1. Determine whether each of the following would increase or decrease the opportunity cost for mothers who choose not to work outside the home. Higher levels of education: In today’s society‚ it’s possible that higher levels of education for women‚ will increase opportunity cost‚ since the women would have advantage in making a decision about continuing their education to ensure that they may obtain skills‚ knowledge‚ and abilities for the future. Higher unemployment rates for
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Principles of Marketing Levi Hightree BUS 330: Principles of Marketing Instructor: Thomas Matula January 18‚ 2015 Marketing defined is as the method by which companies generate value for consumers and build on that value by building strong relationships with the customers. Marketing involves more than just selling and advertising‚ but it also entails understanding consumer needs and developing products and services to satisfy those needs while earning the trust of the consumer with honestly
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In Week 2 the discussion was about employee relations. To identify recruitment and selection strategies and methods as part of the workforce. Understanding and differentiate between job analysis‚ job description‚ and job specification. Discussing about the process an organization uses to ensure that it has the right amount and the right kinds of people to deliver a certain level of output or services in the future. Learning of the forecasting techniques which are quantitative and qualitative‚ a variety
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Knowledge Check Week 2Results Concepts Marginal Revenue‚ Marginal Cost‚ and Production Marginal Productivity Mastery 100% Questions Score: 12/14 1 2 3 7 100% 4 5 6 9 11 Average Total Cost 0% 8 10 Fixed and Variable Costs 100% 12 13 14 Concept: Marginal Revenue‚ Marginal Cost‚ and Production Concepts Marginal Revenue‚ Marginal Cost‚ and Production Mastery 100% Questions 1 2 3 7 1.Purely competitive firms increase total
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Introduction :-Auto Sector The Indian automobile industry produced a total 1.69 million vehicles including passenger vehicles‚ commercial vehicles‚ three wheelers and two wheelers in August 2013 as against 1.56 million in August 2012‚ registering a growth of 8.18 percent over the same month last year. The cumulative foreign direct investment (FDI) inflow into the Indian automobile industry during April 2000 to July 2013 was recorded at US$ 8‚932 million‚ amounting to 4.5 per cent of the total
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