Profit = $300‚00 - $230‚000 = $70‚000 Average markup percentage = 70‚000/230‚000 x 100 = 30.43% Instructor Explanation: $60‚000 + $40‚000 + $30‚000 + $50‚000 + $20‚000 + $30‚000 = $230‚000 ($300‚000 - $230‚000) / $230‚000 = 30.4% Points Received: 5 of 5 Comments: Question 2. Question : Related to Problem 1‚ compute the average markup percentage for setting prices as a percentage of the variable cost of the product. Student Answer: Direct materials $60‚000 Direct manufacturing labor
Premium Variable cost Cost Price
Running head: COMPARING IFRS TO GAAP University of Phoenix ACC/290 Week 5 8/12/2014 Susan KuniyoshiRunning head: COMPARING IFRS TO GAAP IFRS 2-1: In what ways does the format of a statement of financial of position under IFRS often differ from a balance sheet presented under GAAP? IFRS does not mandate a specific order or classification of accounts on the statement of financial position. In most cases‚ companies report assets in reverse order of liquidity. An example of the order of accounts
Premium Generally Accepted Accounting Principles Asset Balance sheet
Chapter Eight Problems Please complete the following 5 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document‚ and submit it in the appropriate week using the Assignment Submission button. Chapter 8 Exercise 1: 1. Basic present value calculations Calculate the present value of the following cash flows‚ rounding to the nearest dollar: A single
Premium Net present value Cash flow Rate of return
Quiz Week 5 Victor Sabani ITT Technical Institute Quiz Week 5 Quiz Questions 1. What is the purpose of a CIRT plan? Describe what this plan does and what other plan it ties into. The purpose of the CIRT plan is to identify which group is responsible for what. It also provides information for the DRP. 2. Describe what the three models are for a CIRT plan based on the NIST SP 800-61 template. Critical incident response team‚ Distributed incident response teams‚ and the Coordinating team 3. Define
Premium Business continuity planning File sharing Attack
Quiz Week 5 Victor Sabani ITT Technical Institute Quiz Week 5 Quiz Questions 1. What is the purpose of a CIRT plan? Describe what this plan does and what other plan it ties into. The purpose of the CIRT plan is to identify which group is responsible for what. It also provides information for the DRP. 2. Describe what the three models are for a CIRT plan based on the NIST SP 800-61 template. Critical incident response team‚ Distributed incident response teams‚ and the Coordinating team 3. Define
Premium Business continuity planning File sharing Attack
Orientation Power Point: I assisted in revamping the orientation power point. Facts regarding the company were checked from the website. The various product ranges offered were also discussed. Competitors’ data from the R&D department were taken and the AUM (asset under management) growth was reflected to show where UBL funds stands. Moreover‚ the orientation power point included the industry overview‚ a brief history about UBL and its management‚ vision‚ mission‚ schemes and the HR policies regarding
Premium Training Employment Human resources
Week 5 – Group – Training Plan We need to come up with an effective / efficient training plan for Landslide Limousine Annual revenue growth -$50K ( that will change) # of employees 25 Annual turnover about 10% Training Methods – Must provide a rationale for my suggestions Types of media - OJT and simulation methods and Informational presentation technique ( watch video ) Learning principles Training for learning skills or facts There are numerous methods and materials available to help you prepare
Premium Skill Training Revenue
CHFD311 Quiz 5 Question 1 of 30 1.0 Points Which one of the following statements is consistent with B. F. Skinner’s view of language development? A.“Children initially use language primarily in their interactions with other people‚ but increasingly they also use it to help them think more effectively.” B.“From a very early age‚ children are motivated to learn how to speak‚ because speech enables them to interact with other people and‚ ultimately‚ to get what they want.” C.“Although children
Premium Language acquisition Second language
by the employees through the authorization card campaign. (Points : 1) True False Question 2. 2. In order to petition the NLRB for an election‚ a union must gather 50% + 1 authorization card from the employees. (Points : 1) True False Question 3. 3. Political and ideological beliefs are important determinants of whether a U.S. worker votes for or against a union in a representation election. (Points : 1) True False Question 4. 4. When it comes
Premium Negotiation Collective bargaining National Labor Relations Act
Human Resource Management HRM-590-61348 Michael Johnson Written Assignment #2: Recruitment – Week 5 Professor: F. Karen Mimms P.2 When running a business rather it be big or small every position is important from the CEO to the mailroom to the custodial department every role is very vital and it gives you the opportunity to improve the company’s profit potential. Knowing how to recruit the ideal candidate is one of the most important factors in keeping the job competitive and
Premium Management Human resource management Human resources