accounting profits and economic profits for Gomez’s pottery. Explicit costs: $37‚000 (= $12‚000 for the helper + $5‚000 of rent + $20‚000 of materials). Implicit costs: $22‚000 (= $4‚000 of forgone interest + $15‚000 of forgone salary + $3‚000 of entreprenuership). Accounting profit = $35‚000 (= $72‚000 of revenue - $37‚000 of explicit costs); Economic profit = $13‚000 (= $72‚000 - $37‚000 of explicit costs - $22‚000 of implicit costs). 8-4 (Key Question) Complete the following table by calculating
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Reflective response of the progression module The progression module is a course which I would recommend for anyone. It has a numerous amount of benefits‚ one of the main benefits is it allows you to explore a broad range of courses at a variety of university. I feel the progression module has prepared me for university as I have discovered many courses that interest me. The progression module has also helped me understand other vital things that need to be considered when going university‚ such
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Module 1 Activity 1 Part A. #1-D Survey. Ahmed is asking many people a series of questions to gather information on their thoughts on the videos. Therefore it is a survey. #2-C Laboratory Observation. Nadine is observing her test subjects in an unnatural environment. She is in a laboratory and is observing her test subjects. #3- Survey. Ada is asking a number of questions to college student to gather information about their alcohol consumption. #4- Psychological Tests. The document
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Problem of bullying in schools Problem-solution essay Final draft Academic Reading and writing I Nurman Assima (ID: 20110635) November 25‚ 2011 Outline I. Introduction Thesis statement: Due to the fact that problem of bullying negatively affects students’ learning ability‚ their health and the entire school climate society should take definite and urgent measures to solve it. II. Background * School bullying is a kind of aggressive and angry behaviour. *
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Autism Internet Module: Assessment for Identification Drexel University: EDUC 551 The module for assessment for identification and intervention for children with autism incorporated a great deal of information on how to evaluate and identify students with ASD. When taking the post-assessment‚ I missed one question about why children with autism tend to be diagnosed earlier than students with Asperger’s. Even though this was the only question I had incorrect I was still unsure
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Procedures Adam Cash AIU Abstract The following paper will analyze the key strategies for reducing loss and providing increased security in a corporate workplace. The paper will also develop a comprehensive individual and corporate loss prevention plan based on the key principles of security. Investigative Procedures The scenario reported to the Director of Internal Auditing needs to be fully considered and understood to its fullest before any type of action is taken. Considering
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Cancer Prevention Preventing cancer in oneself really varies from depending on the person and the family. A person can become more susceptible to getting cancer based on different risk factors‚ some which are controllable and others which are not. These risk factors include age‚ sex‚ environment‚ lifestyle‚ and heredity. In my family‚ and in myself‚ there are many things that we can make ourselves aware of and do in order to prevent cancer. Since age and sex are out of my control‚ there’s nothing
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have done above is a “full-cost” analysis. This is in contrast to a “direct-cost” analysis that ignores overhead costs. Is full cost the right metric for job profitability and customer profitability? What assumptions are we making about the variability of overhead costs when we do a “full-cost” analysis? By allocating the overhead costs to jobs and customers there is an implicit assumption that these are variable with the cost driver. In reality‚ some of the overhead costs are fixed‚ at least in the
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Plant overhead $122‚000 D/L rate/hour $30 Youngstown has a traditional cost system. It calculates a plant-wide overhead rate by dividing total overhead costs by total direct labor hours. Assume‚ for the calculations below‚ that plant overhead is a committed (fixed) cost during the year‚ but that direct labor is a variable cost. 1. Calculate the plant-wide overhead rate. Use this rate to assign overhead costs to products and calculate the profitability of the four products. The assignment
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Module 3: Natural Forces Affecting the Driver Vocabulary: Please define six (6) of the following terms in your own words. Please do not just copy and paste the definition. 1. Gravity- force pulling together all matter. 2. Inertia- a property of matter that causes it to resist changes in velocity. 3. Potential Energy- the energy that a piece of matter has because of its position or because of the arrangement of parts. 4. Kinetic Energy- force that the energy develops by an object while in motion
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