data set TVHOURS.MTW in the Student14 folder. a) Prepare a pie chart for the variable “Educ.” Comment on the results. b) Prepare a segmented bar chart to examine “Educ” by “Gender.” Comment on the results. c) Prepare a histogram for the variable “HrsTV.” Comment on the shape of the distribution. d) Show descriptive statistics on the variable “HrsNews” for all age groups. Use the optional “By Variables” box; enter “AgeGrp” in the box. Comment on the results. Make sure to compare
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Latasha Thomas January 20‚ 2013 HSM 260 Jerome Anderson Exercise 10.1 Recompute fixed costs‚ variable costs‚ and the BEP. What are the variable costs? What are the fixed costs? How many meals will the WHDM program need to provide during the fiscal year to reach the BEP? How much profit will the program earn if it completes its 45‚000-meal contract with the City of Westchester? The variable cost of service is $3.93 during the fiscal year the WHDM should provide 1‚011 meals to reach their
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Whatever McDonalds makes whether its 100 or 10‚000 products‚ these cost must be paid. Variable cost – these are costs that change depending on McDonalds output. So if McDonalds makes a burger it will have varying requirements for amounts of bread‚ meat‚ fish‚ cheese and lettuce head will depend on how many burgers the make. Break –even point Businesses can use the calculations that they make of fixed costs‚ variable costs and sales to work out the point at which their costs equal their sales. This
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black paint used to paint the dots on a pair of dice? A. Choice A B. Choice B C. Choice C D. Choice D 7. The cost of fire insurance for a manufacturing plant is generally considered to be a: A. product cost. B. period cost. C. variable cost. D. all of these. 8. Transportation costs incurred by a manufacturing company to ship its product to its customers would be classified as which of the following? A. Product cost B. Manufacturing overhead C. Period cost D. Administrative
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Plant No. 2 1. Using budget data‚ how many Apple iPhone 4’s would have to have been completed for Danshui Plant No. 2 to break even? 2. Using budget data‚ what was the total expected cost per unit if all manufacturing and shipping overhead (both variable and fixed) were allocated to planned production? What was the actual cost per unit of production and shipping. 3. Prepare a flexible budget for 180‚000 iPhone 4’s and calculate flexible budget variances using actual costs for August. 4. Estimate
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VARIABLE COSTINGMorenike Onibon Liberty University Abstract Determining the actual valuation of manufactured assets has always been a major problem in the accounting field. The real controversy exist in the decision regarding which costs are relevant to future periods‚ and thus should be included in assets valuation‚ and which should not be charged against net income. An understanding of the relationship between costs‚ volume‚ and profit‚ enables management to set more realistic objectives for
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Dora McKinney Hsm/260 Week 4 Instructor: Greg O’Donnell Fixed Costs‚ Variable Costs‚ and Break-Even Point Exercise 10.1 Month Meals Served Total Costs July 3‚500 $20‚500 Low August 4‚000 22‚600 September 4‚200 23‚350 October 4‚600 24‚500 November 4‚700 25‚000 December 4‚900 26‚000 High In dealing
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Tammy Wang‚ a new customer‚ to fulfill a large one-time-only special order for a product similar to one offered to regular customers. The following per unit data apply for sales to regular customers: Direct materials $455 Direct labor 300 Variable manufacturing support 45 Fixed manufacturing support 100 Total manufacturing costs 900 Markup (60%) 540 Targeted selling price $1440 Grant’s Kitchens has excess capacity. Ms. Wang wants the cabinets in cherry rather than oak‚ so direct
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Practice Test Part I - Multiple Choice 1. Suppose that the scatterplot of (log x‚ log y) shows a strong positive correlation Which of the following must be true? I. The variables x and y also have a correlation close to 1. II. A scatterplot of (x‚ y) shows a strong nonlinear pattern. III. The residual plot of the variables x and y shows a random pattern. (a) I only (b) II only (c) III only (d) I and II (e) I‚ II‚ and III 2. What is the purpose of residual plots? (a) To determine
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Unit 4 Research Paper Assignment 1: Using Global Variables 1. Five advantages of using global variables • It is accessible to all modules in a program • You only have to declare it once outside the modules • It is good to use it for constants you want to keep consistent • It simplifies maintenance‚ avoids duplication of local constants • It can make a program easier to read in reference to constants Five disadvantages of using global variables • It makes debugging difficult • Any statement
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