Instructor Assignment # 1. 1. Alex Miller‚ Inc.‚ sells car batteries to service stations for an average of $30 each. The variable cost of each battery is $20 and monthly fixed manufacturing costs total $10‚000. Other monthly fixed costs of the company total $8‚000. Required: a. What is the breakeven point in batteries? b. What is the margin of safety‚ assuming sales total $60‚000?
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Compute a materials price variance for the plates purchased last month and a materials quantity variance for the plates used last month. Materials Price Variance measures the difference between what is paid for a given quantity of materials and what should have been paid according to the standard. (Actual Quantity x Actual Price) – (Actual Quantity x Standard Price) or AQ (AP-SP) Materials Price Variance = 12‚000 plates x ($2.50 - $2.35) = $1‚800 Materials Quantity Variance measures the difference
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Individual Assignment: Types of Surveys Question 5 on p. 270 of Business Research Methods. Patricia Figueroa November 17‚ 2009 Qnt 561 Christopher Ajagu In the following situations‚ decide whether you would use a personal interview‚ telephone survey‚ or self-administered questionnaire. Give your reasons. a A survey of the residents of a new subdivision on why they happened to select that area in which to live. You also wish to secure some information
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This file of ECO 316 Week 2 Discussion Question 1 New Product‚ Will I Be Rich? comprises: My company just came out with a new product? Should I buy a bunch of company stock and get rich? What are the pros and cons of such an investment? Business - General Business ASHFORD ECO316 Financial Institutions Markets It is now time for you to start thinking about your future and make some educated decisions. If you need help‚ go to a career counselor or schedule an appointment with
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3. Bona fide competitive behavior can constitute wrongful interference with a contractual relationship False 4. An ordinary person standard determines whether allegedly negligent conduct resulted in a breach of a duty of care False 5. Hilliard‚ a clerk at a Games Unlimited store‚ takes a video player from the store without permission. Hilliard is liable for Conversion 6. Clem‚ a Delite Dairy salesperson‚ follows Edna‚ a salesperson for a Festive Foods‚ a Delite competitor
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California shores. 4. Some tests are destructive to the population. Like testing for an epidemic of e-coli bacteria in lettuce‚ we can’t take every lettuce produced in a farm and damage it while testing for the bacteria. The whole crop will be damaged. 5. Sample results are adequate. Valid and reliable samples provide adequate results that are very close to the population results. For example‚ checking the price of rice in the retailers in US‚ it is sufficient to get a retailer from each region to get
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Statistics is the second last strand of the Australian curriculum. It is paired with probability because of “the development that progressively links the two strands” (Australian Curriculum‚ 2016‚ para 5). In this area of mathematics I discovered the steps of statistical literacy skills (ABS‚ 2013‚ para 1). To confidently identify the statistical skills‚ I had to understand each step before moving onto the next. The steps were; ability to understand statistical concepts; ability to analyse‚ interpret
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1.5 The following information is collected from students upon exiting the campus bookstore during the first week of classes: a. Amount of time spent shopping in the bookstore Answer: Numerical; Continuous variables because the answer represent quantities. The response arises from a measuring process b. Number of textbooks purchased Answer: Numerical; discrete variables because the answer represent quantities. The numerical values that from a counting process. c. Academic major Answer:
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Eco-labelling and Accreditation are effective means of ensuring that tourism organisations adhere to the principles of sustainability? Tourism industry is ‘a consumer of resources’ which ‘represents an insidious form of consumptive activity’ (McKercher 1993 cited in Fyall and Garrod 1997‚ p.51). Governments of different countries are now seeking for different ways to prevent further exhaustion of natural resources that was caused by tourism activities and developments. The Green Globe programme
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This paperwork ACC 561 Assignment Wiley Plus Week 1 includes answers to these exercises: Brief Exercise 1-7 Indicate which statement you would examine to find each of the following items: income statement‚ balance sheet‚ retained earnings statement‚ or statement of cash flows. Revenue during the period. Supplies on hand at the end of the year. Cash received from issuing new bonds during the period. Total debts outstanding at the end of the period
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