QRB/501 Week 2 Pre Quiz Find the trade discount on a computer that lists for $500 if a discount rate of 35% is offered. 500*35% The trade discount is $175 Calculate the trade discount for 60 boxes of computer paper if the unit price is $12.43 and a single trade discount rate of 20% is allowed. 60 * 12.43 = 745.80 * 20% = The trade discount is $149.16 Use the net price rate to calculate the net price for 50 boxes of computer paper if the unit price is $13.86 and a single trade discount
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Mathematics in Our World. 1.) “Move the constant term to the right side of the equation. x2 – 2x – 13 = 0 x2 – 2x = 13 2.) “Multiply each term in the equation by four times the coefficient of the x2 term.”: x2 – 2x = 13 4x2 – 8x = 52 3.) “Square the coefficient of the original x term and add it to both sides of the equation.”: 4x2 – 8x = 52 4x2 – 8x + 4 = 52 + 4 4x2 – 8x + 4 = 56 4.) “Take the square root of both sides.”: 4x2 – 8x + 4 = 56 2x – 2 = +/- √56 5.)
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3. Given the following data: Job M1 M2 (processing times at machine 1 and 2) A 9 12 B 13 9 C 8 20 D 11 7 E 16 18 F 18 22 G 14 13 What is the minimum makespan? Answer: In order to find the minimum makespan for the two macines we can apply Johnson’sRule: Step 1: Look at the processing
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What are Segmentation Variables? To understand what segmentation variables in marketing are‚ it helps to first know what market segmentation is. Market segmentation is the analysis of population demographics so they can be categorized in specific ways. These specific ways of categorization in market segmentation are why segmentation variables are needed and used. Four (4) groups of Segmentation Variables – 1. Geographic segmentation is based on variables such as: • Region: this kind of
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======= 2. Cost of Production Report - Normal Loss: For December‚ the Production Control Department of Carola Chemical‚ Inc.‚ reported the following production data for Department 2: Transferred in from Department 1 Transferred out to Department 3 In process at the end of December 55‚000 liters 39‚500liters 10‚500 liters (with 1/2 labor and factory overhead)
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Target Costing on Mercedez – Benz Mercedes-Benz (MB) is one of the world ’s most successful car manufacturers since its establishment in 1886. They used target costing in the design and production of one of its products‚ the M-Class‚ which is a new sports utility vehicle model‚ in response to their first time suffering loss in 1993 because of cost inefficiency and problems with material purchasing and adapting to market changes. MB started developing a range of new products such as the C-Class
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Week 1 Quiz. Two points each 1. In a corporation‚ the Chief Financial Officer (CFO) usually reports to the: a. Treasurer b. Controller c. Chief Operating Officer (COO) d. VP of Financial Planning 2. The primary factor that separates the corporate form of business from partnerships and sole proprietorships is: a. Corporations are larger than partnerships and sole proprietorships b. The owners of the corporations get to keep all of the profit c. The owners of corporations run the business and
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Activity based costing Activity based costing is an accounting method that is created to provide manager with cost information and other that potentially affect capacity. Activity based costing is used to determine product costs for management report. This method is commonly use as a complete to the company costing system. There are two activity based costing system that most organization use. The two are the official costing system that used for preparing external financial reports and activity
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MKT 571 Week 1 Quiz 1 What data analysis type is being used here? When Sam thought about opening a foreign car repair shop in Phoenix‚ he researched all of the firms in the area before deciding on a location. He also analyzed their capabilities and found articles about many of them in terms of their capabilities‚ strengths‚ and weaknesses. 2 Secondary data Primary data Licensed information Tertiary information Marketing is considered both an art and a science. How do the 4Ps‚ or marketing
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BACKFLUSH COSTING Definition of Backflush Costing : A streamlined cost accounting method that speeds up‚ simplifies‚ and reduces accounting effort in an environment that minimizes inventory balances‚ requires few allocations‚ uses standard costs‚ and has minimal variances from standard Product costing approach‚ used in a just - intime (jit) operating environment‚ in which costing is delayed until goods are finished. Standard costs are then flushed backward through the system to assign
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