1 In a process cost system‚ product costs are summarized: on job cost sheets. when the products are sold. after each unit is produced. on production cost reports. What decision criteria should managers use in selecting projects when there is not enough capital to invest in all available positive NPV projects? the internal rate of return the discounted payback the profitability index the modified internal rate of return 3 Horizontal
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Cost/Benefit Analysis Evaluating Quantitatively Whether to Follow a Course of Action You may have been intensely creative in generating solutions to a problem‚ and rigorous in your selection of the best one available. However‚ this solution may still not be worth implementing‚ as you may invest a lot of time and money in solving a problem that is not worthy of this effort. Cost Benefit Analysis or CBA is a relatively* simple and widely used technique for deciding whether to make a change. As its
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Question 1: 2D1-LS02 Which of the following items is not an example of a capital expenditure? A ventilation system upgrade for EPA compliance. Project bonuses paid to employees. Purchase of a new assembly machine that will cut labor and maintenance costs. Purchase of a new computer server for the research and development group. Long-term capital budget expenditures are often grouped in one of the following categories: new machines and equipment intended for expansion‚ replacement of existing
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* Orley Ashenfelter- Uses statistics to extract hidden info from large datasets * Orley’s Wine Predictions * What really got him in trouble is crunching numbers to assess the quality of Bordeaux wines. He found that low levels of harvest rain/high avg. summer temps produce the greatest wines Reduced his wine theory to a formula; he can predict the general quality of any vintage by plugging weather statistics for a given year into formula. NOT well received by traditional wine critics
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The Super Bowl is one of the most watched event worldwide. This event gives a chance for Americans to get together and celebrate the championship of NFL. Many individuals watch the Super Bowl for not the game but the extra entertainment that is joined with the event.This extra entertainment can be referred to the Half-Time show and/or the advertisements shown during the breaks. To start off‚ advertising companies invest more than five million dollars to show their advertisement and that does not
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in this Super Earth‚ considered themselves as Super-Earthlings‚ have been able to withhold a proper government and society in their planet. They live in a civilization with their own cultural elements which differs from an Earthling’s proper culture. The cultural elements I had learned from class can be seen from my culture I’ve created; as can be seen I’ll further explain the topics of their non-material and material culture‚ social norms and values‚ and sub and counter culture. The Super-Earthlings
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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‚ at least in the
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SUPER-SIZE ME In the documentary Super-Size Me‚ Morgan Spurlock sets out to prove how harmful and dangerous fast food‚ in particularly McDonalds‚ can be to a person’s health and wellbeing. After hearing the McDonalds Corporations defence against the lawsuit filed by two obese teenagers‚ who claimed that their overweight conditions were the cause of eating at the fast food establishment‚ filmmaker and director Morgan Spurlock came up with the idea to start a similar experiment on himself‚ by eating
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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
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Super Size Me Reflection Super Size Me is a documentary film starring Morgan Spurlock‚ a generally healthy American‚ whose goal is to have a thirty-day McDonald’s binge in order to physically‚ mentally‚ and emotionally document and publicize the dangers of regularly consuming fast foods and the growing obesity epidemic in the United States. In this experiment Morgan is to eat nothing but foods and drinks sold in McDonald’s stores three times a day (breakfast‚ lunch‚ and dinner) for thirty days
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