Quiz – Chapter 17 – Solution 1. Rider Company sells a single product. The product has a selling price of $40 per unit and variable expenses of $15 per unit. The company’s fixed expenses total $30‚000 per year. The company’s break-even point in terms of total dollar sales is: A) $100‚000. B) $80‚000. C) $60‚000. D) $48‚000. The answer is d. CMR = (P-V)/P = ($40 - $15)/$40 = 62.5% Px = F/ (CMR) Px = $30‚000/.625 = $48‚000 Use the following to answer questions 2-3: Weiss Corporation produces two models
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Comedy should subvert but Pygmalion just confirms the conformist message that class is fixed and shouldn’t be fluid. Discuss. In Pygmalion‚ the time era is Edwardian‚ and class can be seen as both fixed and fluid. We can see that Shaw’s intentions are clear‚ underlying the play‚ Shaw’s message is clear that the class system is flawed‚ and that Eliza’s uprising proves this through her strong‚ subversive attitude. An example of Shaw suggesting that class is fluid in Pygmalion is through Doolittle’s
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To: Patrick Oray Company: Plastic Composites Inc. From: Jane Doe Date: March 1‚ 2012 RE: Allocation Options for Fixed Manufacturing Overhead Costs Dear Mr. Oray‚ After researching the different methods allowed for you to use in allocating the fixed manufacturing costs to the work in process and finished goods I have come to the conclusion that normal capacity is the best method for your business. First I will define theoretical‚ practical and normal capacity and then I will explain to
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1. (TCO F) Bingham Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below. Work in process‚ beginning: Units in beginning work-in-process inventory | 400 | Materials costs | $6‚900 | Conversion costs | $2‚500 | Percentage complete for materials | 80% | Percentage complete for conversion | 15% | Units started into production during the month | 6‚000 | Units transferred to
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From the article ‘Brainology’‚ Mr. Dweck argues about ‘Fixed mindset’‚“Many student believe that intelligence is fixed‚ that each person has a certain amount” (Carol S. Dweck‚ 2008). Fixed mindset makes learners afraid to challenge‚ reduces confidence. On the other hand‚ Mr. Dweck also talks about ‘Growth mindset’‚ learners who have positive mindset‚ believes intelligence
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Armstrong Helmet Company manufactures a unique model of bicycle helmet. The company began operations December 1‚ 2013. Its accountant quit the second week of operations‚ and the company is searching for a replacement. The company has decided to test the knowledge and ability of all candidates interviewing for the position. Each candidate will be provided with the information below and then asked to prepare a series of reports‚ schedules‚ budgets‚ and recommendations based on that information
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Waterways Continuing Problem 1 Waterways Continuing Problem WCP1 Waterways Corporation is a private corporation formed for the purpose of providing the products and the services needed to irrigate farms‚ parks‚ commercial projects‚ and private homes. It has a centrally located factory in a U.S. city that manufactures the products it markets to retail outlets across the nation. It also maintains a division that provides installation and warranty servicing in six metropolitan areas. The mission
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BUSINESS MATHEMATICS: ASSIGNMENT - “Section” 5.1‚ page 182. (1) Write the general form of a linear function involving five independent variables. (2) Assume that the salesperson in Example 1 (page 177) has a salary goal of $800 per week. If product B is not available one week‚ how many units of product A must be sold to meet the salary goal? If product A is unavailable‚ how many units be sold of product B? (3) Assume in Example 1 (page 177) that the salesperson receives a bonus when combined
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partnership limited liability partnership sole proprietorship corporation 6 The break-even point is where: total sales equal total fixed costs. total variable costs equal total fixed costs. contribution margin equals total fixed costs. total sales equal total variable costs. 7 Variance reports are: SEC financial reports internal reports for management external financial reports
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slot machines. Which of these is most susceptible to “extinction?” Continuous – if they do something‚ and don’t get the reward they expected‚ they will be upset. Which of these is least susceptible to “extinction?” Casino and slot machines. (Variable-Ratio) Recommendations for using rewards effectively… Link rewards to behavior. Match the magnitude of the reward to the magnitude of the behavior. Reward after performance. Reward people with what they value. …Problems with the theory? When
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