in budgeting for 2004 were Direct material Direct labor $6 $16 Two hours per unit as standard labor time Actual material prices – 5% less than expected Direct labor costs increased to $8.20 due to increased medical benefits granted last January Using budget data‚ how many motors would have to be sold for Waltham Motors Division to break even? The number of motors to be sold for break even is calculated as shown below. Using budget data‚ what was the total expected cost
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INDIAN SCHOOL OF MANAGEMENT AND STUDIES Sub: General Management Max Marks: 100 Executive Masters Program in Business Administration (E-MBA) (Semester I ) Note :- Solve any 4 case study All case carries equal marks Name of Candidate: Shaju Padmanabhan Unni Reference No: Course: Specializations : Date of Exam : M-001-1138 : E-MBA Sales & Marketing 2/1/2013 1 INDIAN SCHOOL OF MANAGEMENT AND STUDIES Sub: General Management Max Marks: 100 Case I PANDIT TO AFAUZI The case is based
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LOUISE MERRETT TRINITY COLLEGE COMMERCIAL LAW LECTURES 2012 -2013 SALE OF GOODS (4) TRANSFER OF TITLE BY A NON-OWNER Context 1. The general rule as to priority in the case of personal property is clear and underpins all forms of transfer‚ whether by gift‚ sale‚ bailment or security‚ and it is that a person cannot give what is not his or hers to give. This basic rule is often expressed in the Latin maxim nemo dat quod non habet and if reflected in s 21 SGA. 2. In practice‚ a
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11 Cable‚ Satellite‚ and Internet Television True/False 1. Cable TV was developed to allow viewers access to movies and other programs that they couldn’t receive through over the air broadcasts. Ans: F 2. As far as cable TV is concerned‚ in the past 20 years the most significant developments have been legal ones. Ans: T 3. Using VOIP‚ cable companies can offer consumers an alternative to the services provided by traditional telephone companies. Ans: T 4. Cable and satellite networks
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CHAPTER 9 OLIGOPOLY AND FIRM ARCHITECTURE 1. The demand function for a product sold by an oligopolist is given below: QD = 370 – P The firm’s marginal cost function is given below: MC = 10 + 4Q Calculate the equilibrium price and quantity. Solution: P = 370 – Q so TR = 370Q – Q2 and MR = 370 – 2Q MR = 370 – 2Q = 10 + 4Q = MC so Q = 60 and P = 310 2. The demand function for a product sold by an oligopolist is given below: QD = 135 – 0.5P The firm’s marginal cost function is given
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The location I chose for my report and would love to see for my personal pleasure is Yellowstone National Park. Yellowstone National Park is a national park located primarily in Wyoming‚ although it also extends into Montana and Idaho. It was established by the United States congress and signed into law by President Ullysses S. Grant on March 1‚ 1872. It is three thousand four hundred and sixty eight square miles. It also is the oldest‚ largest and most popular national park in the continental
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The Institute of Commercial Management Business Management and Administration (1006) The Fusee‚ 20A Bargates‚ Christchurch‚ Dorset‚ BH23 1QL‚ England SUBJECT SYLLABUS BUSINESS MANAGEMENT & ADMINISTRATION (10/06) 04 October 2006 tel: +44 (0) 1202 490555 - fax: +44 (0) 1202 490666 - email: icm@icm.ac.uk - web: www.icm.ac.uk 1 Business Management and Administration (1006) Course Title Business Management and Administration Unit Code BMA-0605 Level Credits 1/2 20 GW
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out when required‚ makes loans at interest exchanges currency etc. however to understand the concept in detail we need to see some of its definitions. Many economists have tried to give different meanings of the term bank. Nature of Commercial Banks Commercial banks are an organisation which normally performs certain financial transactions. It performs the twin task of accepting deposits from members of public and make advances to needy and worthy people form the society. When banks accept deposits
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Role of the Manager MGT/521 - Management October 13‚ 2014 The Role of the Manager Managers are involved in many discrete business functions. The functional areas of business are defined as Management‚ Law‚ Human Resource Management‚ Leadership‚ Accounting‚ Finance‚ Economics‚ Research and Statistics‚ Operations Management‚ Marketing‚ and Strategic Planning (University of Phoenix‚ n.d.). Good managers are doers‚ thinkers‚ and leaders. According to Hutt & Speh‚ “Good managers‚ in the end
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Managerial Accounting Case ‘Waltham Motors Division’ Answer 1: Breakeven point If Waltham Motors Division sells 13‚326 units‚ it will breakeven. But why Waltham incurred net losses when it sold more than 13‚326 units in May? The unfavorable cost variances (see answer 2 and 3) and Waltham’s high operating leverage were major reasons for its financial problems. Waltham’s operating leverage is 3.85 times‚ which indicates that the operating income is very sensitive to changes in sales. Answer
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