"What is the meant by an activity base when dealing with variable costs" Essays and Research Papers

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    1. What is meant by diversity? Diversity is the word used to describe how people vary and differ. Some personal differences may be: age‚ gender‚ sexual orientation‚ race‚ religion‚ interests‚ social class and values and beliefs. 2. Describe the community you live in. Highlight some of the variations you may observe in terms of: Birmingham is the most culturally diverse city in the UK. In the local community there are people of both genders and of all ages. People come from all over the

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    Quiz – Chapter 17 – Solution 1. Rider Company sells a single product. The product has a selling price of $40 per unit and variable expenses of $15 per unit. The company’s fixed expenses total $30‚000 per year. The company’s break-even point in terms of total dollar sales is: A) $100‚000. B) $80‚000. C) $60‚000. D) $48‚000. The answer is d. CMR = (P-V)/P = ($40 - $15)/$40 = 62.5% Px = F/ (CMR) Px = $30‚000/.625 = $48‚000 Use the following to answer questions 2-3: Weiss Corporation produces two models

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    marks = ________ % Grade: Question I: Identification: Fill in the blanks the correct answer. You are having a dress shop‚ indicate the proper classification of cost behavior whether it is VARIABLE or FIXED for each of the following items below: |Cost Element |Cost Behavior | |Material used to make shirts |

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    fixed costs‚ semi-fixed costs‚ and variable costs. Fixed costs are those which do not change with the level of activity within the relevant range. These costs will incur even if no units are produced. For example rent expense‚ straight-line depreciation expense‚ etc. Fixed costs are those which do not change with the level of activity within the relevant range. These costs will incur even if no units are produced. For example rent expense‚ straight-line depreciation expense‚ etc. Mixed costs or semi-variable

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    Question 1 What is meant by group work? • A number of people or things gather‚ placed‚ or classed together for some purpose”. When we think about working in a group‚ the key words are “for some purpose”. Group working is a situation where there is a common purpose(s)‚ a shared aim(s) • The benefit of the group is : • Ideas sharing • Tapping into a pool of wider experience • Learning to deal with challenges or criticism • Stimulating thinking and clarifying

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    What is meant by Blood Diamonds (or conflict diamond)? How‚ as portrayed in the video‚ does it impact on political‚ economic and ethical stability? It is sad to witness the abuse and unfair treatments of the poor people in countries such as Africa have to undergo in order to make some money. Also it is sad to know that after all that hard work these people put into what they do‚ these diamonds are smuggled and used to fund illegitimate activities. The Blood Diamond conflict has had serious

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    CDIP assignment Part 1: What is meant by curriculum? A curriculum is a body of knowledge or perhaps better put‚ the set of courses and experiences that you would receive if you studied at an institution such as a college. It is the whole experience of that institution. Kerr defines curriculum as‚ ’All the learning which is planned and guided by the school‚ whether it is carried on in groups or individually‚ inside or outside the school.’ (Quoted in Kelly 1983: p.10). However‚ one would tend to

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    What is meant by multiple intelligence? The generally accepted view of intelligence is that it is about cognitive or mental ability. Charles Spearman‚ one of the early pioneers in thinking about intelligence called it the ‘g’ factor‚ and intelligence tests have been designed to measure it. However‚ few people now believe that intelligence is a concept that can be described in such simple terms‚ and some have sought to explore our understanding of intelligence more fully. The best known and

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    the beating drums and stomping feet‚ except for Hilde’s. Her soul was quiet and broken. Hands folded and head bowed‚ like a saint in holy prayer‚ she sat in her thrown on the platform and softly cried at her misfortune. She hadn’t meant to do it‚ of course. She hadn’t meant to throw the goblet so hard. But who could blame her? It was after mass that morning‚ and as she rushed along the halls of the Palace Mergova‚ she searched for her beloved betrothed‚ Lord Johann of Saxony. The excitement of her father’s

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    What is meant by the term mandated benefit? Describe government-mandated benefits. What are the advantages and disadvantages of each? A mandated benefit is a law that requires a health insurance policy or health plan to cover specific providers‚ procedures‚ benefits or people. Mandated benefits are controversial. Some view them as consumer protections that ensure access to important care‚ while others contend mandates are promoted by narrow special interests and add significant cost but marginal

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