selecting strategies that yield a long-term competitive advantage. 2. Depreciation is an allocation of a sunk cost. This cost is a past cost and will never differ across alternatives. 3. The salary of the supervisor of an assembly line with excess capacity is an example of an irrelevant future cost for an accept-or-reject decision. 4. Past costs can be used to help predict future costs. 5. Yes. Suppose‚ for example‚ that sufficient materials are on hand for producing a part for two years.
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Thursday‚ 20 February 2014 Public Law! The Fixed-Term Parliaments Act 2011 - Enacted on September 15 as part of the Coalition’s agreement of constitutional and political reform. This act removes the Executives prerogative power to dissolve Parliament and states that Parliamentary general elections will instead take place every 5 years under S1. Prior to this‚ the Septennial Act 1716 extended the maximum duration of Parliament from 3 years to 7 years. Dicey used this as a prime example
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Name: 李耀倫 Student No: 0809853A-B011-2996 Fixed Income Securities 1 7. A pension fund manager knows that the following liabilities must be satisfied: Years from Now Liability (in millions) |Years From Now |Liability (in millions) | |1 |$2.0 | |2
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P 69‚994. If the cost of making a forging is P 56 per unit and its selling price is P 135 per forged unit‚ find the number of unit to be forged to break-even. Solution: Let: x = number of units to be forged to break-even Income = 135x Expenses = 69‚994 + 56x To break-even: Income = Expenses 135x = 69‚994 + 56x 79x =69‚994 x = 886 units Steel drum manufacturer incurs a yearly fixed operating cost of $ 200‚000. Each drum manufactured costs $ 160 to produce and
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Costs and Revenues What is cost? If you go to a store and like an item and you want to buy it‚ which of the following questions would you ask: What’s the price of …..? 0R How much does …. cost? Examples of costs – set-up Examples of costs - running Fixed Costs 5000 What happened to the fixed costs if for some reason the company had technical problems and was unable to produce for 2 weeks? What happens if the landlord decided to raise the rent due to high property prices
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Analysis of Costs Costs affect input choices‚ investment decisions‚ and even the decision of whether to stay in business. A. Economics analysis of costs 1. Total cost: fixed and variable (1) Total cost represents the lowest total dollar expense needed to produce each level of output q. TC rises as q rises. (2) Fixed cost represents the total dollar expense that is paid out even when no output is produced. FC is unaffected by any variation in the quantity of output. (3) Variable cost represents
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CHAPTER 14: PROCESS COSTING AND THE COST ACCOUNTING CYCLE Multiple Choice c 1. ABC Company made the following journal entry. Work in Process Inventory $200‚000 Direct Labor $188‚000 Direct Labor Rate Variance 12‚000 From this entry we can tell that ABC uses a. job-order costing. b. process costing. c. standard costing. d. normal costing. d 2. CDE Company
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ScholarWorks@UMass Amherst Ethics in Science and Engineering National Clearinghouse 6-17-2008 Science‚ Technology and Society Initiative Case study: Misleading satellite data contract Steven Cox Queens University - Charlotte Shawana Johnson Global Marketing Insights Recommended Citation Cox‚ Steven and Johnson‚ Shawana‚ "Case study: Misleading satellite data contract" (2008). Ethics in Science and Engineering National Clearinghouse. Paper 280. http://scholarworks.umass.edu/esence/280 This
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REALITY SHOWS gave a new face to Indian Television. They started with very few but reached to a number which was not expected and today they have a new standard. There are different types of reality shows some real and fiction. In this report there is mention of start of reality shows and how these shows have changed over the years. Also topic of various types of reality shows be it real or imitated. There is also inclusion of how there is lack of innovation in our shows as most of the shows aired
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long-lived assets generally include those expenditures that: 1) are made for normal repairs to maintain the usefulness of the asset over a number of years. 2) are for items that have a physical life of more than a year‚ regardless of their cost. 3) are material and that have an economic benefit to the entity only in the current year. 4) are material and that have an economic benefit to the entity that extends beyond the current year. Question 11 0 / 1 point Cassady‚ Inc.
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