INTERNATIONAL B-SCHOOL SUBJECT: FINANCIAL & COST ACCOUNTING Total Marks: 80 N.B.: 1)Allquestionsarecompulsory 2) All questions carry equal marks. Q1) ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In addition‚ ABC Ltd will have to incur costs of Rs 1.50 per unit for freight and Rs 10‚000
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5 / ¼.5= .67%/ 22%= 3.05 Ch 22 #7 1. Key Question A firm has fixed costs of $60 and variable costs as indicated in the table on the following page. Complete the table and check your calculations by referring to question 4 at the end of Chapter 23. 1. Graph total fixed cost‚ total variable cost‚ and total cost. Explain how the law of diminishing returns influences the shapes of the variable-cost and total-cost curves Graph AFC‚ AVC‚ ATC‚ and MC. Explain the derivation and shape of each
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Cost Classifications for Decision-Making. Every decision involves choosing from among at least two alternatives. Only those costs and benefits that differ between alternatives are relevant in making the selection. This concept is explored in greater detail in the chapter on relevant costs. However‚ decision-making contexts crop up from time to time in the text before that chapter‚ so it is a good idea to familiarize students with relevant cost concepts. 1. Differential Costs. A differential cost
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MARKET OPPORTUNITY ANALYSIS Market Opportunity Analysis is a prime tool to determine attractiveness and probability of success in the growing market. It helps in understanding: • It is important for companies to evaluate opportunities so as to grow their business and to sustain in a competitive world where competitors Following is the Opportunity Matrix that can be used to analyze opportunity. | |Success Probability | | |
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of development charges shall be dispensed away with and service connection charges (SCC) shall be levied on consumers without making any distinction between the consumers in authorized and unauthorized colonies. The Nigam is eligible to recover the cost so incurred according to regulation 4.5.2 of the HERC Regulation HERC/12/2005. The schedule of service connection charges which shall be applicable are given below:Table: Schedule of Service Connection Charges S. No. 1 2 3 4 5 6 Consumer Category Single
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The following Opportunity analysis has been conducted to support the introduction of ‘Natureslim’‚ a new naturally sweetened low-carbohydrate ice cream‚ into the open and highly competitive Frozen Dessert Industry in New Zealand. This product will be produced and sold by Emerald Foods Ltd as a new variety in the brand New Zealand Natural. Product Outline Ice cream which can be defined as a sweet frozen food made from cream or milk products‚ is a food which is both indulgent and moderately unhealthy
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industries in a country or region on a wide scale. But the benefits of industrialization were the different inventions that helped us advance overtime. The child labor was the biggest cost out of everything that happened. I think that the advantages outweigh the disadvantages because of all the great inventions. The benefits of the Industrialization was the great inventions and decisions that were made. Like we got plumbing which is a great benefit because we can dispose of our waste way easier than to
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Curtin University of Technology Metropolitan Campus Sem 2‚ 2012 Entrepreneurship 300 Literature Review Component 1: Opportunity Recognition Student Name: Mohd Fikri Bin Kamarudin Student ID: 15146339 Tutor ’s Name : Ms Nava Krishnan Day & Tutorial Time : Tuesday(12-4pm) Date Submitted : 14th August 2012 1.0 Introduction Entrepreneur and Company Background – Frezawa Engineering Sdn Bhd The entrepreneur that will be interview for this project is Mr Kurian Zachariah‚ founder of
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following data have been recorded for recently completed Job 501 on its job cost sheet. Direct materials cost was $3‚067. A total of 30 direct labor-hours and 104 machine-hours were worked on the job. The direct labor wage rate is $12 per labor-hour. The company applies manufacturing overhead on the basis of machinehours. The predetermined overhead rate is $11 per machine-hour. The total cost for the job on its job cost sheet would be: A. $4‚571 B. $3‚757 C. $3‚090 D. $3‚427 Applied manufacturing
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Cost Control and Cost Reduction A business enterprise must survive‚ grow‚ and prosper. Cost Control and Cost Reduction are activities necessary for ensuring that these objectives are fulfilled. With the liberalization of the Indian Economy and Globalization‚ there is now a cut throat competition from various concerns of the world. As a result there is now a race to secure a place for survival. This has increased the importance of cost control and Cost Reduction. Cost Control “Cost control
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