2) Which department authorizes changes in employee pay rates? - Production department does the authorizing; Production employees prepare two types of time records. This helps the cost accounting department. They use this to allocate direct labor changes to work-in-process (WIP) Accounts. 3) Why should the employee’s supervisor not distribute paychecks? - Because there is a chance the supervisor could create a non-existent employee and time card him in then taking his checks for themselves.
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ECO 550 WEEK 6 CHAPTER 11 AND CHAPTER 12 PROBLEMS download here Chapter 11 2. Ajax Cleaning Products is a medium-sized firm operating in an industry dominated by one large firm Tile King. Ajax produces a multi-headed tunnel wall scrubber that is similar to a model produced by Tile King. Ajax decides to charge the same price as Tile King to avoid the possibility of a price war. The price charged by Tile King is $20‚000. Ajax has the following short-run cost curve: ‚000 - 5‚000Q + 100Q2. A. Computer
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1.Is growth of the Internet‚ in terms of users‚ expected to continue indefinitely? What will cause it to slow‚ if anything? The number of internet users in the U.S. is expected to grow to around 215 million users by 2005‚ up from 170 million users in mid-2001. The growth rate of new users is slowing though‚ due to cost and complexity of computer use required for Internet access. Unless the price of computers drops significantly the internet growth rate will continue to decline. However‚ even if
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Southwestern University: Capacity Planning Case Prepared by: Jalotjot‚ Reyes‚ Subang Central Issue: How to guarantee that the various support activities generate revenue? Areas of Consideration: * Marketing/Finance/Human Resource * Items Available/Pricing/Variable Cost/Revenue Distribution Item | Price/Unit | Variable Cost | Revenue | Soft Drink | $1.50 | $0.75 | 25% | Coffee | $2.00 | $0.50 | 25% | Hotdogs | $2.00 | $0.80 | 20% | Hamburgers | $2.50 | $1.00 | 20% | Misc
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Jose Antonio Hilado Problem-Solution Essay ENGLCOM C36B Prison Colonies as Solution for Prison Overpopulation Prison Overpopulation remains to be an unresolved problem that the Philippines is facing and which has been facing since 2000. Yet we have never heard about it being solved. The news or the media in general do not usually
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Class XII Chapter 3 – Matrices Compiled By : OP Gupta [+91-9650 350 480 | +91-9718 240 480] Maths Exercise 3.1 Question 1: In the matrix ‚ write: (i) The order of the matrix (ii) The number of elements‚ (iii) Write the elements a13‚ a21‚ a33‚ a24‚ a23 Answer (i) In the given matrix‚ the number of rows is 3 and the number of columns is 4. Therefore‚ the order of the matrix is 3 × 4. (ii) Since the order of the matrix is 3 × 4‚ there are 3 × 4 = 12 elements in it. (iii)
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which lay a platform for a good institution. The corner stone of this essay is to determine the role of capacity planning in educational institutions which forms a very important part of strategic plan. Capacity planning is the known as the process of determining the production capacity needed by an organization to meet changing demands of its products. Stevenson ((1999) p. 208) defines capacity as “The upper limit or ceiling of the load that an operating unit can handle‚ with the operating unit defined
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Chapter 5 |Activity-Based Cost Systems |[pic] | QUESTIONS 5-1 Traditional volume-based cost allocation systems that use only drivers that vary directly with the volume of products produced—such as direct labor dollars‚ direct labor hours‚ or machine hours—are likely to systematically distort product costs because they break the link between the cause for the costs and the basis for assignment
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Chapter 5 Nordstrom Q1: How else can Nordstrom continue to provide exceptional customer service and increase brand loyalty? It could expand its CRM to reach more customers with their services. Compared to its competitors Nordstrom should improve on their online advertisements and presence. A more advanced feedback system will create more loyalty as customers realize that Nordstrom cares about their complaints. It also allows to improve on the service quality. Blogs that announce and review new
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Chapter 15/16 Worksheet Problem (1996 #2) 1) HOCl <--> OCl- + H+ Hypochlorous acid‚ HOCl‚ is a weak acid commonly used as a bleaching agent. The acid-dissociation constant‚ Ka for the reaction represented above is 3.2 x 10-8. (a) Calculate the [H+] of a 0.14-molar solution of HOCl. (2 points) (b) Write the correctly balanced net ionic equation for the reaction that occurs when NaOCl is dissolved in water and calculate the numerical value of the equilibrium constant for the reaction
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