Average Variable Cost : 2002 $1‚011‚008** **$417‚004+$124‚101.20+$117‚903+$351‚000 2003 1‚142‚681.00** ** $520‚069+$171‚622.70+$79‚888+$371‚101 2004 1‚798.131.00 ** ** $915‚787.50+$320‚525.52 +$115‚999+$445‚819 Total $3‚951‚820.00 No.of Years 3 Average VC $1‚317‚273.00 Average Customers 8‚202.00 Average VC per unit $161.00 Fixed Cost $174
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or to have other opportunities.Me as the leader in our community‚ I think if we want to improve the condition of our African American life we would have to not give up and keep trying‚ lose some pride that we may have‚ and also let no one tell you what you are capable or what you’re not. Working together we could all make a difference and change anything‚ so our future would be better. If we want to make a difference we have to lose some pride in our self. We all have pride for what we are and
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I don’t agree with that. Some tests may take like 2-4 months to get into the teacher‚ and then the students wouldn’t be able to learn the stuff that they missed on istep+. The teachers don’t have enough time teaching because they have to prepare their students for
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Chapter 2 Questions 2-1. I agree with this statement. I would also like to add that cost behavior is also identifying the key resources that are performed‚ resources used in performing these activities‚ costs of the resources‚ and what the cost is driven from. 2-2. Two rules of thumb when analyzing cost behavior are to manage what the company manufactures‚ sells‚ and to give advice as to where costs can be reduced. 2-3. Three examples of a variable cost are a 12% increase in the production of
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review Materials ch24 Student: 1. Standard costs can serve as a basis for evaluating actual performance. True False 2. Standard material‚ labor‚ and overhead costs can be obtained from standard cost tables published by the Institute of Management Accountants. True False 3. Standard costs provide a basis for assessing the reasonableness of actual costs incurred for producing a product or service. True False 4. When standard costs are used‚ factory overhead is assigned to products
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CHAPTER 3 Predetermined Overhead Rates‚ Flexible Budgets‚ and Absorption/Variable Costing Questions 1. Although both variable and mixed costs change in total with activity measure changes‚ the difference is that variable costs change in direct proportion to such activity changes and mixed costs do not. Since a mixed cost has both a fixed and variable component‚ the cost per unit at different activity levels is not constant as it is with a variable cost. 2. No‚ these are not always the best points
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Central Artery / Tunnel (CA/T) Project • What do you think was the problem with the Central Artery/Tunnel (CA/T) project? • Explain how effective cost and value management would have helped in the successful completion of the project. The Central Artery / Tunnel Project‚ is the largest Highway project ever undertaken in the History of the United States. After nearly 3 decades since the projects inception it is still considered a wonder of technology and advancement in the US
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term manufacturing overhead? | A) | Factory overhead | B) | Pervasive costs | C) | Burden | D) | Indirect manufacturing costs | 2. | Which one of the following is an example of a period cost? | A) | A change in benefits for the union workers who work in the New York plant of a Fortune 1000 manufacturer. | B) | Workers’ compensation insurance on factory workers’ wages allocated to the factory. | C) | A box cost associated with computers. | D) | A manager’s salary for work that is
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Question 1 1. Mrs. Granberry is going to sell Christmas tree lights for $20 a box. The lights cost Marsha $5 a unit and any unsold lights can be returned for a full refund. She is planning to rent a booth at the upcoming Happy Holidays Convention‚ which offers three options: 1. paying a fixed fee of $1‚500‚ or 2. paying a $500 fee plus 10% of revenues made at the convention‚ or 3. paying 25% of revenues made at the convention.Which of the following statements is FALSE? Answer | | One
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Supasiri Soithongpong 5406643386 Do you agree or disagree that spending budget on advertising is a waste? Advertising is a single component of the marketing process. It is the part that involves getting the word out concerning your business‚ product‚ or the services you are offering. It includes in such mediums as newspapers‚ direct mail‚ billboards‚ television‚ radio‚ and the Internet.1 Joseph Levine‚ legendary film producer and advertising guru‚ said‚ “You can fool all the people all the time
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