acceptance rates for jobs would be much higher. Now‚ consider this. From ages twenty-five to thirty-two‚ twenty-two percent with a diploma from high school are living in poverty‚ in comparison to six percent of college-educated adults‚ today (“The Rising Cost of Not Going to College”). This is a real problem in today’s nation‚ but can be prevented. Students not only have better chances of getting a job from receiving a college education‚ rather than just a high school diploma‚ but their average yearly
Premium
Strategic Cost Management ACCT90009 Seminar 1 Seminar 1 Subject Administration Introduction to SCM oduc o o SC Administration • Subject Coordinator Dr. David Huelsbeck Email: david.huelsbeck@unimelb.edu.au Room: 08.028‚ The Spot Phone: +61 3 9035 6256 Consultation Hours: Monday 4:15pm – 6:15pm • Seminars: Tuesday: 2.15 pm – 5.15 pm‚ FBE ‐ Theatre 211 (Theatre 2) Thursday: 6.15 pm – 9.15 pm‚ Alan Gilbert ‐ Theatre 2 Teaching Format and Resources • Seminar Format 3 hour seminar
Premium Variable cost Costs Management accounting
1. For an 18-inch pipeline designed for 150‚000 barrels per day‚ what is the short-run cost per barrel (per thousand miles) of transporting crude oil if the throughput is (a) 50‚000 barrels per day (b) 100‚000 barrels per day (c) 150‚000 barrels per day? Using chart 7‚ a) Cost of transporting 50‚000 barrels would be 30 cents. b) Cost of transporting 100‚000 barrels would be 17 cents. c) Cost of transporting 150‚000 barrels would 16 cents. 2. Can a 16-inch pipeline with 10‚000 horsepower transport
Premium Petroleum Costs Economics of production
3. What you 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
Premium Cost Costs Economics
Health Care Economics Issues HMO Simulation Name University of Phoenix Economics: The Financing of Health Care HCS440 instructor date Health Care Economics Issues HMO Simulation Castor Collins is a health insurance company that offers health maintenance organization (HMO) to organizations. This health insurance company was founded in 1999 in Pantome. Two organizations are trying to seek coverage for their employees and have chosen to see what Castor Collins has to offer them. The
Premium Health insurance Health maintenance organization Health economics
3 Cost-Volume-Profit Analysis Learning Objectives 1. Explain the features of cost-volumeprofit (CVP) analysis 2. Determine the breakeven point and output level needed to achieve a target operating income 3. Understand how income taxes affect CVP analysis 4. Explain how managers use CVP analysis in decision making 5. Explain how sensitivity analysis helps managers cope with uncertainty 6. Use CVP analysis to plan variable and fixed costs 7. Apply CVP analysis to a company producing multiple
Premium Contribution margin Management accounting Variable cost
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
Premium Cost Costs Mathematics
Ronald Coase noted‚“The cost of doing anything consists of the receipts that could have been obtained if that particular decision had not been taken.” For example‚ the opportunity set for this Friday night includes the movies‚ a concert‚ staying home and studying‚ staying home and watching television‚ inviting friends over‚ and so forth. The opportunity cost of taking job A included the forgone salary of $102‚000 plus the $5‚000 of intangibles from job B. Opportunity cost is the sacrifice of
Premium Costs Parking Variable cost
structure | Common approaches to establishing pay structures include: | | Approach | Common characteristics: | | Traditional (Grades) | * separate structures for each employee type (e.g.‚ nonexempt‚ salaried nonexempt‚ exempt‚ executive)‚ function‚ or occupation‚ * many ranges or grades (often 10 or more)‚ * narrow ranges (15% – 50% for professional positions)‚ and * small to moderate differences between grades. | | Broadbanding("Broad grades") | * separate structures by employee
Premium Structure Public sector Organization
Abstract Obesity is a medical diagnosis determined when an individual has accumulated enough weight to cause adverse health effects; usually recognized by Body Mass Index (BMI) as a number of thirty or higher on a height compared to a weight scale. It is a result of an imbalance between energy intake and energy expenditure. There are several notable health consequences directly linked to obesity‚ such as: hypertension‚ type 2 diabetes‚ stroke‚ osteoarthritis‚ cardiovascular disease‚ gallbladder
Free Obesity