(ISOM2500)[2012](f)midterm1~=0zvopee^_78631.pdf downloaded by mhwongag from http://petergao.net/ustpastpaper/down.php?course=ISOM2500&id=0 at 2013-12-16 02:44:12. Academic use within HKUST only. Business Statistics‚ ISOM2500 (L3‚ L4 & L5) Practice Quiz I 1. The following bar chart describes the results of a survey concerning the relevance of study to present job by school. Focus on the School of Business and Management. What are the mode and the median respectively? (a) Relevant‚ Neutral (b) Relevant
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The Activity-Based Costing Method: Development and Applications Gregory Wegmann* This paper analyzes the management accounting applications‚ which try to improve the Activity-Based Costing (ABC) method. First‚ the paper describes them using the Strategic Management Accounting (SMA) stream. Then it presents the main features of these applications. Second‚ the paper examines in detail two of these features: the widening of the analysis perimeter and the relevant level of details to analyze the
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1‚244‚261.00 2004 2‚191‚243.00 Total $4‚600‚569.00 No.of Years 3 Average Revenue $1‚533‚523.00 Average Customers 8‚202.00 Average Revenue per Unit $ 187.00 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 **
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Experiment Title : Determination of relative densities and water absorption of coarse aggregates. Objective : To determine the relative densities and water absorption of a coarse aggregate. Description of Sample : The sample used was naturally occuring riverside aggregate and was left to soak for 24 hours prior to the experiment. Apparatus Required A pycnometer – a pycnometer is a litre glass jar which has a conical screw on it ’s lid‚ and a small aperature at the apex of the conical lid. The
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Define the 12 negotiating variables * Basic concept of negotiation: It might be applied in a different way from one culture to another. Usually the negotiation process is highly influenced by the cultural dimensions of negotiators. Sometimes process is highly affected when one negotiator applies ‘high context’ while the other at ‘low context’. * Selection of negotiators: The variation from culture to culture. Depends on the level of decentralization at an organization. Usually cultures
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Chapter 2 Selected Solutions Job-Order Costing for Manufacturing and Service Companies P2. [LO 3]. a. Terra Cotta Designs Schedule of Cost of Goods Manufactured For the Year Ended December 31‚ 2011 Beginning balance in work in process $ 600‚000 Add current manufacturing costs: Direct material: Beginning balance $ 400‚000 Purchases 1‚000‚000 Ending balance (200‚000) $1‚200‚000 Direct labor 2‚100‚000 Manufacturing Overhead 600‚000 3‚900‚000 Total 4‚500
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APStatistics Cole Rogers Unit 7 Exam Random Variables: Free Response Directions: Complete the assignment on this paper. If you need additional paper make sure that you clearly label each page with your name. Your answers for this assignment must include reasons; simply stating the answer without justification will earn partial credit. 1. A Roulette wheel has 38 slots numbered 0 to 36 and 00. The wheel is spun and a ball is thrown into the wheel and comes to rest in one of the slots. There are
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Traditional Overhead Costing vs Activity Based Overhead Costing Activity based costing deals with the key activities in which the firm’s resources are put. It accumulates overhead costs for each such activity. It is also used in determining the drivers of these activities. It assigns the cost of these activities to their ultimate cost centre. Activity based costing is rather a refinement over traditional costing system. The major differences are as follows: Under traditional costing‚ the overheads are
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000-30‚000= 46‚000 $ Chapter 5 1. Consider the CVP graphs below for two providers operating in a fee-for-service environment: a. Assuming the graphs are drawn to the same scale‚ which provider has 1- the greater fixed costs? 2- The greater variable cost rate? 3-The greater per unit revenue? 1- B 2- B 3- A b. Which provider ha the greater contribution margin? B c. Which provider needs the higher volume to break even? A d. How would the graphs below change if the providers
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Eastern Talon Transport Relocation Analysis: The Concepts of Relevant Costing Case Study 1 Report Prepared By: Executive Summary Companies always strive to create value for their customers. In the Canadian trucking industry‚ over $30 billion in revenues were generated by for-hire companies such as Eastern Talon Transport and to attain a sizeable share of these revenues‚ it must also strive to create value for it’s customers. In 2004‚ value is more
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