Chapter 6 Cost-Volume-Profit Relationships Solutions to Questions 6-1 The contribution margin (CM) ratio is the ratio of the total contribution margin to total sales revenue. It can be used in a variety of ways. For example‚ the change in total contribution margin from a given change in total sales revenue can be estimated by multiplying the change in total sales revenue by the CM ratio. If fixed costs do not change‚ then a dollar increase in contribution margin will result in a dollar
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When it was written in 1925‚ Gentlemen Prefer Blondes‚ by Anita Loos was heralded as a tremendous novel. It was seen as cutting edge and insightful‚ yet somewhat risqué in its portrayal of Lorelei Lee and her escapades. I can see how this may have been thought at that time‚ seeing as how women were looked at in such a different way then they are currently. The fact that a women with as little know-how as Lorelei can manipulate men the way that she does‚ leaves no question as to who is the superior
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Blurring the ’Male Gaze’ "Gentlemen Prefer Blondes" is a 1953 Musical-Comedy released by 20th Century Fox‚ directed by Howard Hawks and starring Marilyn Munroe and Jane Russell; the two greatest sex symbols of the era. The camera’s point of view is that of the ’male gaze’‚ where women are regarded as objects of fascination and the men are assumed to have a position of power. Hawks shows how it can be easily hijacked by females smart enough to control‚ manipulate and ultimately blur the ’male gaze’
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Human and Professional Values of Managers: Impact on Profession “_The value concept...[is] able to unify the apparently diverse interests of all sciences concerned with human behaviour.” [Rokeach‚ 1973]_ According to Stephen R. Covey‚ values are internal and subjective‚ governing people’s behaviour.” (Stephen T. Covey‚ The 7 habits of highly effective people). As discussed in class‚ for a good manager to inspire followership and be a good leader he has to have a clear value system of his own
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Introduction to Project Manager 2 Responsibilities of A Project Manager 3 Chapter-2: Project Manager & Arguments 4-6 As A Project Manager 4 Priorities Make Things Happen 5 Common ordered lists 6-8 Things Happen When One Say No 9 Keeping It Real 10 Know the Critical Path 11 Be Relentless 12 Be Savvy 13 Chapter-3: IS Manager & Answering 14-16
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“Is it Fair” Introduction Cohen (1986) argues that corruption has been described as “acting on opportunities‚ created by virtue of one’s authority‚ for personal gain at the expense of the public one is authorized to serve.” Cohen felt that it can be dangerous that the officers accept these gratuities because what might start without intent on the part of the officer may be become a patterned expectation and can lead to targeting and misuse of power if the gratuity stops. On a different
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Accounting Adds Value to the Organization (See related pages) | | | Managers need information for all of the managerial activities described in the preceding section. That information comes from a variety of sources‚ including economists‚ financial experts‚ marketing and production personnel‚ and the organization’s managerial accounting system.Objectives of Managerial Accounting Activity List and describe five objectives of managerial accounting activity. | Managerial accountants add value to an organization
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used to influence the performance of others. A good leader appreciates that everyone uses the four learning styles differently: 1. ACTIVISTS – Prefer to learn by doing something immediately; they get on with it. 2. REFLECTORS – sit back‚ watch and listen to others doing the task beforehand. 3. THEORISTS – want to understand a wider picture and they prefer to build systems and take things down from first principles. 4. PRAGRAMATISTS – experiment by trying out new ideas to see it working with their
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53 FAIR PRESENTATION---AN ETHICAL PERSPECTIVE ON FAIR VALUE ACCOUNTING PURSUANT TO THE SEC STUDY ON MARK-TO-MARKET ACCOUNTING Sharon S. Seay‚ Macon State College Wilhelmina H. Ford‚ Macon State College ABSTRACT Fair value accounting has received a significant amount of blame as the cause of the current financial crisis. Fair value accounting does not cause illiquidity or volatility in financial markets. Banks‚ rather than accounting‚ caused the existing crisis‚ ultimately through bad lending
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Will Project Creep Cost You—or Create Value? Strict rules that limit a project’s scope can be the key to its success. But you need a system flexible enough to recognize value. by Loren Gary I of a manager’s existence: When do you permit changes to a major project? Allow the wrong changes and the project you’re responsible for can veer off course‚ run over budget‚ and miss key deadlines. Ignore the right change‚ and you fail to capitalize on a major market opportunity. Hence the dilemma: How to
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