Workbook 0-07-877229-X 0-07-877231-1 0-07-877233-8 0-07-877235-4 978-0-07-877229-0 978-0-07-877231-3 978-0-07-877233-7 978-0-07-877235-1 ANSWERS FOR WORKBOOKS The answers for Chapter 7 of these workbooks can be found in the back of this Chapter Resource Masters booklet. StudentWorks Plus™ This CD-ROM includes the entire Student Edition text along with the English workbooks listed above. TeacherWorks Plus™ All of the materials found in this booklet are included for viewing‚ printing
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CHAPTER 3 Product Costing and Cost Accumulation in a Batch Production Environment ANSWERS TO REVIEW QUESTIONS 3-1 (a) Use in financial accounting: In financial accounting‚ product costs are needed to determine the value of inventory on the balance sheet and to compute the cost-of-goods-sold expense on the income statement. b) Use in managerial accounting: In managerial accounting‚ product costs are needed for planning‚ for cost control‚ and for decision making. c) Use in cost
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David Shim Case Study #2 A) What is the break-even point in passengers and revenues per month? Unit CM = $160 – $70= $90 Unit of Sales = 3‚150‚000 / $90= 35‚000 passengers Unit of Sales = 35‚000 x $160= $5‚600‚000 revenue B) What is the break-even point in number of passenger train cars per month? Unit of Sales = 35‚000/63= 555.5= 556 passenger cars C) If Springfield Express raises its average passenger fare
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Question 1 Product costs are costs that are associated with manufactured goods until the time period during which products are sold. It involved all costs in acquiring or making a product. These costs consist of direct materials‚ direct labour and manufacturing overhead. Product costs are initially assigned to an inventory account on the balance sheet. When the goods are sold‚ the costs are released from inventory as expenses and matched against sales revenue. Since product costs are initially
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CHAPTER 10 QUIZ 1. A mixed cost function has a constant component of $20‚000. If the total cost is $60‚000 and the independent variable has the value 200‚ what is the value of the slope coefficient? a. $200 b. $400 c. $600 d. $40‚000 2. [CMA Adapted] Of the following methods‚ the one that would not be appropriate for analyzing how a specific cost behaves is a. the scattergraph method. b. the industrial engineering approach. c. linear programming. d. statistical regression analysis.
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GATTACA Viewing Questions – Answer Key 01. What deception is Vincent (main character) trying to hard to maintain? He is trying to be Jerome‚ who has an elite genetic identity. This identity gives Vincent the credentials to work at GATTACA. 02. Describe four ways that Vincent maintains his genetic identity. a. He uses Jerome’s blood‚ urine‚ and hair. b. He uses plastic surgery to change his face; cuts and lengthens his legs. c. He scrubs off all loose
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GNBCY Practice Exam Solutions – Chapter 14 1. Part (a) Solution (Learning Objective 1): The common fixed costs of $10‚000 (or $130‚000 - $120‚000) are irrelevant to this decision. Part (a) Solution (Learning Objective 2): CM that would be lost if department is discontinued $(150‚000) Less fixed costs that can be avoided if department is discontinued 120‚000 Increase (decrease) in net operating income $ (30‚000) Based on this information alone‚ because the company’s net operating
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Revenue Management Final Exam‚ 2010-11‚ Block C Dr. Lily Lin‚ MBA‚ Mr. P. Griep‚ Dr. M. Lewison‚ & Dhr. F. de Vries Student Name: __________________________________ Student ID: __________________ Below is a hotel case. You are required to answer all of the questions based on your theoretical knowledge and application skils: * Terminologies/abbreviations in the case are a part of the exam. No additional explanation will be given.. * All necessary information is included in
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Windows server 2008 comes in different versions for the different users‚ not all users need all the same features. The versions are web edition‚ standard edition‚ enterprise edition‚ and datacenter edition. The significance of them are WE 1 OS Is permitted‚ 32-bit 4GB 64-bit 32GB‚ maximum number of CPUs 4. SE hyper-V included‚ plus 1 virtual instance‚ terminal server ‚network access protection‚ and CALs. EE plus 4 virtual instance‚ 32-bit 32GB 64-bit 2TB‚ CPUs 8‚ cluster service yes 16 nodes per
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Activity 9.1 A Quick Review of Energy Transformations Review Chapter 8 and pages 160–162 of Chapter 9 in Biology‚ 7th edition. Then complete the discussion by supplying or choosing the appropriate terms. To maintain life‚ organisms must be able to convert energy from one form to another. For example‚ in the process of photosynthesis‚ algae‚ plants‚ and photosynthetic prokaryotes use the energy from sunlight to convert carbon dioxide and water to glucose and oxygen (a waste product). The summary
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