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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IE401-Econ401 MidTerm Managerial Economics NAME: Each of the 20 multiple choice questions is worth 3 points. Mark your answers on the ANSWER KEY on page 5. Also provide BRIEF answers to each of the 4 “essay type/logical” questions. Multiple-Choice Questions 1. A manufacturer produces 1‚000 basketballs each day‚ which it sells to customers for $30 each. All costs associated with production and sales total $10‚000; however‚ if the manufacturer were to produce one
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In this case study‚ we will talk about negotiate a possible acquisition of Flinder Valves and Controls. Inc by RSE International Corporation. To know why they gave that decision and how they could do it. We will have an overview of these two companies. 1. Overview of Flinder Valves and Controls. Inc and RSE International Corporation 1.1 Flinder Valves and Controls. Inc Flinder Valves and Controls. Inc (FVC) was an American company‚ located in Southern California. FVC was an outgrowth of
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Variables Question Independent Variables: SRCBELT SRC BELTCODE - 0 NOT ASSIGNED; 1 = 12 LRGST SMSA’S; 2 = SMSA’S 13-100; 3 = SUBURB‚ 12 LRGST; 4 = SUBURB‚ 13-100; 5 = OTHER URBAN; 6 = OTHER RURAL Recoded as City (1‚ 2)‚ Suburbs (3‚4)‚ Rural (5‚6) Dependent Variables: HAPPMAR MNTLHLTH GUNLAW ABANY TEENSEX “Taking all things together how would you describe your marriage?” FIGURES 1-4. "Now thinking about your mental health‚ which includes stress‚ depression
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incurrence until they finally become expenses on the income statement. 6. Is it possible for costs such as salaries or depreciation to end up assets on the balance sheet? Explain. 7. “The variable cost per unit varies with output‚ whereas the fixed cost per unit is constant.” Do you agree? Explain. 8. Only variable costs can be differential costs. Do you agree? Explain. Part 2: Compulsory Section Problem 1 (15 marks) Richmond‚ Inc.‚ operates a chain of 44 department stores. Two years ago‚ the board
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Assignment 1 Group member: Qihao Cao 17577761 Huiya Lin: 17578140 Jiejia Ren: 17578387 1. Relative strengths‚ weaknesses‚ opportunities and threats of FVC and RSE a. SWOT Analysis FVC Strength The company depicts excellence standing in the most intricate stages of the business and thus frequently did prime agreement on extremely mechanical machine for the government. Weakness The weak economy in US market had affected the business operation and thus this posed the threat on the company performance
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W.B. “Bill” Flinder‚ the president of Flinder Valves and Controls Inc. (FVC)‚ and Tom Eliot‚ the Chairman and CEO of RSE International are currently in the midst of negotiating a merger of FVC and RSE. Both companies are aware of the benefits‚ but also remain apprehensive due to the risks of completing an acquisition in the struggling economy. Prior to 2008‚ the U.S. manufacturing industry had experience a decrease in consumer demand because of tighter borrowing standards and a weak housing sector
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of a person’s early 30’s is __________ (pg. 481) Developing close relationships with others 4.) The theory that relationships proceed in a fixed order of three stages: stimulus‚ value‚ and role is called_______________ (pg. 482) Stimulus-valve-role (SVR) theory
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KTL Timing (Friday) Friday is one of the best days to have as the last incentive day (when we are not in a rush). It gives us 4 solid days to get the deal we are looking for. Why just 4? Because Friday and Saturdays are super busy days. And Sundays are off days for lots of dealerships (and most financial companies that lease or loan). When we send our emails‚ we do so during the slower times of the week. Here is how I approach things: I immediately create a throwaway email and telephone account
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Inequalities are equations that can be used to determine not just what something could equal but what something cannot equal. It tells us what the relative size is of two values and if they are big or small‚ too much or not enough. Inequalities could make it easier to determine how much someone might need of something in order to make a certain amount of something‚ while also determining how much more might be needed or how much be left. For example‚ if someone wanted to make cupcakes and flat
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