1. The chief economist for Argus Corporation‚ a large appliance manufacturer‚ estimated the firm’s short-run cost function for vacuum cleaners using an average variable cost function of the form. AVC= a + bQ+ cQ^2 (the 2 is suppose to be exponent) Where AVC=dollars per vacuum cleaner and Q=number of vacuum cleaners produced each month. Total fixed cost each month is $180‚000. The following results were obtained: Dependent Variable:AVC R-Square
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INTERNATIONAL B-SCHOOL SUBJECT: FINANCIAL & COST ACCOUNTING Total Marks: 80 N.B.: 1)Allquestionsarecompulsory 2) All questions carry equal marks. Q1) ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In addition‚ ABC Ltd will have to incur costs of Rs 1.50 per unit for freight and Rs 10‚000
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COST CONCEPTS AND COST ACCOUNTING By: Aman Jawahar Sarika Deepak Muneer CONTENTS Concept of Cost Cost Accounting Terms in Cost Accounting Elements of Cost Meaning of Overheads Classification of Costs Methods of Costing Types of Costing MEANING: Cost Concept: The term ‘cost’ means the amount of expenses [actual or notional] incurred on or attributable to specified thing or activity. Cost means ‘the price paid for something’. Cost Accounting: Cost Accounting is concerned with recording
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The Present Progressive The present progressive tense is equivalent to the English construction “to be + _ing” or “I am studying”. To express the present progressive which is a compound verb‚ you will use the verb estar (to be) with a verb in the present participle. Take note that the present participle is invariable and the endings for the three groups of verbs are as follows: -ar verbs (ajudar) -er verbs (escrever) -ir verbs (partir) -ando (ajudando) -endo (escrevendo) -indo (partindo) Here
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5 / ¼.5= .67%/ 22%= 3.05 Ch 22 #7 1. Key Question A firm has fixed costs of $60 and variable costs as indicated in the table on the following page. Complete the table and check your calculations by referring to question 4 at the end of Chapter 23. 1. Graph total fixed cost‚ total variable cost‚ and total cost. Explain how the law of diminishing returns influences the shapes of the variable-cost and total-cost curves Graph AFC‚ AVC‚ ATC‚ and MC. Explain the derivation and shape of each
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your audience of the best overall solution. - Identify the opposition‚ then defeat it with your position’s/view’s support. - You must use at least one technology-based visual aid (ELMO with 2 or more pix‚ chart‚ diagram‚ etc…Power Point‚ video (YouTube or DVD/VHS)‚ or other audio/visual aids‚ etc…you may use additional non-technology based visual aids if you want) - You must prepare & type an outline‚ to be turned in right before you present. - You must orally cite at least four published or copyrighted
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Cost Management or Cost Control In broad sense‚ both the terms have the same meaning. Yet cost management seems to connote broader perspective. Cost control to an un-initiated may mean cutting down the incurrence of cost or expenditure every time or in every situation. In reality it is not always so. In many specific situations‚ many times‚ one has to spend or incur cost in order to gain or make more money. It is in fact like an investment. Cost management sounds better then. Profits Making
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1 GRAMMAR: The Simple Present and Present Progressive Tenses: Present Simple: a. We can use the simple present to talk about actions or states in the future. (Ex: 5) b. We use the simple present to talk about states‚ habitual‚ actions‚ facts‚ and things that are generally considered to be true. (Ex: 1‚ 2‚ 3‚ 4) c. We use the simple present with adverbs of frequency to talk about how often states and actions occur تحدث . (Ex: 6) Present Progressive:
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of the more basic concepts of economics. Scarcity needs trade-offs‚ and trade-offs result in an opportunity cost. While the cost of a good or service often is thought of in monetary terms‚ the opportunity cost of a decision is based on what must be given up as a result of the decision. Any decision that involves a choice between two or more options has an opportunity cost. Opportunity cost‚ scarcity and trade-off are important in our daily life because it affects us every day in different ways and
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York: Oxford University Press. McClintock‚ Anne. 1991. "No longer in a future Heaven: Woman and Nationalism in South Africa‚” Transition‚ Vol. 51‚ pp. 104-23. Vol.-II 3 Jan-June (Summer) 2010 207 Malhotra‚ Meenakshi. 2003. “Gender‚ Nation‚ History: Some Observations on Teaching The Shadow Lines.” In Brinda Bose (ed) Amitav Ghosh: Critical Perspectives. Delhi: Pencraft International‚ pp. 161-172. Paranjape‚ Makarand. 1991. : World Literature Today. Volume: 65. Issue: 1. pp. 72-74. Sarkar‚ Tanika. 1987
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