Session 1 Average cost method Average cost= (Stock in $ + Purchases in $) / (Stock in units + Purchases in units) We use the average cost as the unit cost of OUT and for the end of AT HAND. In AT HAND‚ we only calculate the units‚ to valuate at the end at the average cost. COGS computation Cost of raw materials used in production Raw material beginning inventory Raw material purchased (Raw material ending inventory) = Raw material used in production Cost of good manufactured (finished)
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The Stanislavski method is very confusing to me because it makes the actor think of memories and feelings from the past that can relate to the character being portrayed in the scene/play. I was confused because having a memory of a specific emotion doesn’t really have the same exact emotion that the character is supposed to feel. I can see why in certain situations why using the Stanislavski method would be appropriate (ie. A death that the actor hasn’t ever experienced) but if the emotion was to
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De Jure Segregation means separation of people by law. A good example of this is the Jim Crow laws enforced here in the south. It was legal to have separate schools‚ housing‚ transportation‚ etc. for both races‚ black and white citizens. In the Brown case the Supreme Court ruled separate schools to be unconstitutional. However some states still violated the law. In the 1968 case‚ “Green v. County School Board‚ the Court reviewed a freedom-of-choice plan adopted by a small district in Virginia
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Capitulo 23 1. What components of GDP (if any) would each of the following transactions affect? Explain. a. A family buys a new refrigerator. b. Aunt Jane buys a new house. c. Ford sells a Mustang from its inventory. d. You buy a pizza. e. California repaves Highway 101. f. Your parents buy a bottle of French wine. g. Honda expands its factory in Marysville‚ Ohio. A= a‚ b‚ c‚ d‚ f When they buy a new fridge they are contributing on the economy because its new‚ with the house it’s the
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End of Chapter Exercises: Solutions Chapter 1 1. The Casino has given you $100 worth of complimentary chips which must be wagered this evening. There are two tables – roulette and blackjack. The expected value of $100 bet on roulette is $83‚ and the expected value of $100 bet on blackjack is $86. What is: (i) the opportunity cost of betting the chips on roulette? (ii) the opportunity cost of betting the chips on blackjack? Answer: (i) expected opportunity cost of $86 (ii) expected
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Microsoft Corporation has been known to have an efficient value chain and offering the customer great value with its products. A value chain assists in creating competitive advantage‚ and this could be achieved in different ways. The organization has to place itself in a competitive position fist. The competitive position is a dynamic process‚ a “process rendered even potentially more dynamic by the drivers underlying the ‘new economy’ DEMAND CHAIN AND SUPPLY CHAIN * The value chain which consists
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Consumer Choice Exercise 1. Function U allows us to know how that agent orders different combinations of goods x e y according to his preferences. For each of the following representations what is the shape of the indifference curves and what is the marginal rate of substitution (MRS)? What does that tell you about the agent’s preferences? a. U x 2 y x y b. U min ‚ 3 4 c. U xy d. U x 2 y Exercise 2. Consider the following utility functions: a. U ( x‚ y) ( x
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Diamond Industry. De Beers. In the beginning of 1870s‚ the Afrikaner brothers‚ J. N. de Beer and D. A. de Beer discovered diamonds on their farm and unable to deal with the effort of protecting the farm from the diamond seekers‚ they sold the land to the diamond traders. Today‚ the name De Beers represents the world’s largest diamond company‚ which has a presence in 25 countries. The powerful and productive epoch of diamonds began with the establishment of this company. Who knows what role a
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UNIVERSIDAD AUTÓNOMA DE BAJA CALIFORNIA FACULTAD DE CONTADURIA Y ADMINISTRACION MAESTRIA EN ADMINISTRACIÓN ASIGNATURA: Administración Estratégica CONTENIDO: ENSAYO: Firm Resources and Sustained Competitive Advantage PROFESOR: Dr. Sergio Vázquez ALUMNA: Romina Moreno Maldonado Tijuana‚ B.C. a 3 de febrero del 201Maestro: Dr. Alfonso Vega López Fecha: 11 de febrero de 2010 1 Firm Resources and Sustained Competitive Advantage By Jay B. Barney‚ 1991 1. Introducción Desde
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Company Background Café De Coral‚ established in 1968‚ operates over 140 self-service fast food restaurants in Hong Kong‚ which is the largest Chinese restaurant chain in Hong Kong. In 1986‚ Café De Coral became an issued company in Hong Kong Stock Exchange. Later Café De Coral expands its business in various city and countries such as Hong Kong‚ Macau‚ Guangdong and other Western countries. The restaurant currently serves about 300‚000 customers per day. Café De Coral takes the advantage of broad
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