The selling price and cost per unit are shown below: Selling price $200 Costs: Direct material $35 Direct labor 50 Variable overhead 25 Variable selling expenses 25 Fixed selling expenses 15 150 Unit profit before tax $ 50 Management is evaluating the alternative of performing the necessary customizing to allow Electron Control to sell
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In the book “Not For Profit” Martha C. Nussbaum discusses how she believes the humanities is needed in modern day democracy and the important role it plays when producing informed citizens that are able to think critically. Her whole book points to the humanities as being the key to a successful democracy and should be taken into account when comparing different nation’s form of democracy. One would need to read the whole book in its entirety to fully understand her argument for the role of humanities
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Economic Profit and Accounting Profit When it comes to business decisions‚ there are many ways to analysis the financial status of a firm. What guidelines determine profit margin? Who uses these guidelines? How is profit used to analysis a firm and its business decisions? This paper will discuss two terms that are used to define profit: accounting profit and economic profit. The first term is called accounting profit which uses the equa-tion. The second term for profit is economic profit. Economic
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Session 2 : Principles of Accounting and Financial Reporting - Chapter Two Quiz 1. Which of the following is a difference between financial reporting for internal service and enterprise funds? (Points : 10) Internal service funds are reported in the governmental fund financial statements. Internal service funds are reported in the proprietary fund financial statements. Internal service funds are generally
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Data Analysis Does temperature affect the strength of Gorilla Glue? If two pieces of wood are glued together at a 90° angle and one is put in the freezer‚one at room temperature‚ and one heated‚ then the glued wood from the freezer will be stronger. The independent variable was the temperature. The dependent variable was the strength of the glue. Some constant variables were the amount of glue‚ the type of glue‚ and the type of wood used. The experimental group was the temperatures. The control
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concept of vision in an organisation with example. How is it different from mission statement ? A vision statement is a vivid idealized description of a desired outcome that inspires‚ energizes and helps you create a mental picture of your target. It could be a vision of a part of your life‚ or the outcome of a project or goal. Vision statements are often confused with mission statements‚ but they serve complementary purposes. Examples of vision statement The nature conservancy : Our vision is to
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Strategic Planning for Profit and Non-Profit Organizations Name School Table of Contents Abstract 3 Introduction 4 Discussion 4 Role of government in regulation of non-profit fundraising 4 Demanding of disclosure statements 4 Provision of more funding 5 Appointment of external auditors 5 Role of states in regulating non-profit fundraising 6 Sarbanes-Oxley-type legislation in non-profit fundraising 8 Importance of Sarbanes-Oxley type legislation 8
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Congratulations‚ you are now in charge of a $100‚000‚000 corporation. Your company manufactures sensors. Sensors are devices that observe physical conditions. Your sensors are installed into the products your customers sell. Sensors are everywhere. Almost any product that has an automated function requires some sort of sensor. Your company was created when the government split a monopoly into identical competitors. When the company was a monopoly‚ operating inefficiencies and poor product
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CHAPTER ONE PRINCIPLES OF PERSONNEL MANAGEMENT HUMAN RESOURCE DEPARTMENT AND ITS BASIC FUNCTIONS For any organization‚ staff or men power is the most valuable asset.. In the modern age where computers and information technology have brought revolutionary changes in the progress and performance‚ human resource factor’s importance has become imperative. Many years ago large organizations had no separate department for staff matters and Personnel & Admin Department was doing the job. But recently
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THE EFFECTS OF ABSENCES/TARDINESS ON THE ACADEMIC PERFORMANCE OF GRADE 9 STUDENTS OF ROOSEVELT COLLEGE CUBAO S.Y. 2014-2015 Leaders: Bernadette Taguba Members: Amzi Songcuan Dawn Irish Dollaga John Michael Sanchez Moises Ronan Lezano Isiah Louise Timtman IV-Palma Mrs. Emelita S. Caluma Research Adviser CHAPTER I THE PROBLEM AND ITS BACKGROUND This chapter serves as the foundation of the research. It includes the Background of the Study‚ Theoretical/Conceptual
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