net income (net profit). 4 Variable Costs Fixed Costs Mixed Costs Cost Estimation Methods Cost Estimation Methods are frequently required to separate the fixed and variable components of a total cost pool. Methods include: 1. 2. 3. 4. 5. Account Analysis Scattergraph High-Low Method Regression Relevant Range Scattergraph High-Low Method Example: Let total costs at 500 units of output be $150‚000 and at 3‚000 units of output be $400‚000. Calculate variable and fixed costs‚ respectively
Premium Variable cost Costs Contribution margin
12 Angry Men Constellation of Variables In group communications theory‚ there are labeling terms for each contributing member of the group‚ and how the group interacts among one another - the result is group communication. These contributing factors of situation‚ goals‚ roles‚ norms‚ and cohesiveness make up the constellation of variables. The film 12 Angry Men depicts the constellation of variables. In the film‚ twelve jurors in a hot room‚ forced to deliberate the fate of a man accused of
Premium Jury English-language films
slot machines. Which of these is most susceptible to “extinction?” Continuous – if they do something‚ and don’t get the reward they expected‚ they will be upset. Which of these is least susceptible to “extinction?” Casino and slot machines. (Variable-Ratio) Recommendations for using rewards effectively… Link rewards to behavior. Match the magnitude of the reward to the magnitude of the behavior. Reward after performance. Reward people with what they value. …Problems with the theory? When
Premium Management Business school Business
stock price movements and variations in macroeconomic aggregates. The paper examines the role of macroeconomic variables on Dhaka Stock Exchange (DSE) stock returns movement in Bangladesh. In this paper‚ the analysis is conducted by using monthly data for the period span from January 2009 to December 2012. All data are collected from Dhaka Stock Exchange‚ Internet. Five macroeconomic variables have been selected to assess the influence on stock return of Dhaka Stock Exchange. These are: effect of DSI
Premium Stock market Macroeconomics Central bank
Emotions in Intercultural Communication 1 Emotion and Intercultural Communication David Matsumoto San Francisco State University Seung Hee Yoo Yale University Jeffery A. LeRoux San Francisco State University To appear in Helga Kotthoff and Helen Spencer-Oatley (eds.)‚ Handbook of Applied Linguistics‚ Volume 7: Intercultural Communication. Mouton – de Gruyter Publishers. Keywords: Emotion‚ emotion regulation‚ openness‚ flexibility‚ critical thinking‚ intercultural communication‚ intercultural
Premium Culture Emotion Big Five personality traits
Evaluating a Hiring and Variable Pay Plan Include a brief summary of the situation. Effective Management Solutions (EMS) a small management consulting company divided into four areas: management systems‚ business process improvement‚ human resources‚ and quality improvement that are rapidly growing. The growth has expanded so quickly that‚ EMS has developed and is planning to execute an aggressive revenue growth plan. The goal is to obtain a 25% revenue increase each year for the next five years
Premium Management Human resource management
Waterways Continuing Problem 1 Waterways Continuing Problem WCP1 Waterways Corporation is a private corporation formed for the purpose of providing the products and the services needed to irrigate farms‚ parks‚ commercial projects‚ and private homes. It has a centrally located factory in a U.S. city that manufactures the products it markets to retail outlets across the nation. It also maintains a division that provides installation and warranty servicing in six metropolitan areas. The mission
Premium Variable cost Balance sheet Cash flow
900 Wages - Factory 70‚000 Work in process – Dec 1 0 Work in process – Dec 31 0 Raw materials inventory‚ Dec 1 0 Raw materials inventory‚ Dec 31 0 Raw materials purchases 70‚000 Finished goods inventory‚ Dec 1 0 Production and Sales Data Number of helmets produced 10‚000 Expected sales in units for December ($40 unit sales price) 8‚000 Expected sales in units for January 10‚000 Desired ending inventory 20% of next month’s sales Direct materials per finished unit 1 kilogram Direct
Premium Variable cost Costs Depreciation
Exercise Chapter 3 Probability Distributions 1. Based on recent records‚ the manager of a car painting center has determined the following probability distribution for the number of customers per day. Suppose the center has the capacity to serve two customers per day. |x |P(X = x) | |0 |0.05 | |1 |0.20 | |2 |0.30 | |3 |0.25 | |4 |0.15 | |5 |0.05 | a. What is the probability
Premium Random variable Normal distribution Arithmetic mean
company. Actual costs Static Incurred budget Activity level (in units) 800 750 Variable costs: Indirect materials $6‚850 $6‚600 Electricity $1‚312 $1‚275 Fixed costs: Administration $3‚570 $3‚700
Premium Variable cost Inventory Manufacturing