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Session 1 Average cost method Average cost= (Stock in $ + Purchases in $) / (Stock in units + Purchases in units) We use the average cost as the unit cost of OUT and for the end of AT HAND. In AT HAND‚ we only calculate the units‚ to valuate at the end at the average cost. COGS computation Cost of raw materials used in production Raw material beginning inventory Raw material purchased (Raw material ending inventory) = Raw material used in production Cost of good manufactured (finished)
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The Stanislavski method is very confusing to me because it makes the actor think of memories and feelings from the past that can relate to the character being portrayed in the scene/play. I was confused because having a memory of a specific emotion doesn’t really have the same exact emotion that the character is supposed to feel. I can see why in certain situations why using the Stanislavski method would be appropriate (ie. A death that the actor hasn’t ever experienced) but if the emotion was to
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How does the Citibank budgeting process work? Is this a Participative process? Citibank applies two management processes to control its international branches: sovereign risk limits review and operating budget review. Its budgeting process is a bottom-up. Although it starts from the headquarters’ instructions which guide the timing‚ format and issues needed to be addressed‚ budgeting is not obliged to attain specific targets. The corporation’s long-term goals are shared. Some international branches
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plan of Café de Coral. This report will have four major components namely marketing strategy‚ coordination of the marketing mix‚ action plan‚ and control. Under the marketing strategy are the four essential elements of the marketing mix such as product‚ pricing‚ place‚ and promotion‚ each of which will include a detailed discussion on the relevant strategies. Café de Coral is the leading fast food brand in Hong Kong. With its average of 300‚000 consumers being served daily‚ Café de Coral is undoubtedly
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Juan Ponce de Leon Juan Ponce de Leon was born around 1460 in San Tervas de Campos‚ Spain. He was the first Spanish explorer to arrive in Florida. In 1493‚ Ponce de Leon and Christopher Columbus sailed together on Columbus’ 2nd voyage to America. They had settled on an island named Hispaniola‚ which is present day Dominican Republic‚ where Ponce de Leon had become governor at. In 1506‚ he had discovered an island close by named Borinquen‚ and during his time here‚ he found lots of gold. Once
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Consumer Choice Exercise 1. Function U allows us to know how that agent orders different combinations of goods x e y according to his preferences. For each of the following representations what is the shape of the indifference curves and what is the marginal rate of substitution (MRS)? What does that tell you about the agent’s preferences? a. U x 2 y x y b. U min ‚ 3 4 c. U xy d. U x 2 y Exercise 2. Consider the following utility functions: a. U ( x‚ y) ( x
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Capitulo 23 1. What components of GDP (if any) would each of the following transactions affect? Explain. a. A family buys a new refrigerator. b. Aunt Jane buys a new house. c. Ford sells a Mustang from its inventory. d. You buy a pizza. e. California repaves Highway 101. f. Your parents buy a bottle of French wine. g. Honda expands its factory in Marysville‚ Ohio. A= a‚ b‚ c‚ d‚ f When they buy a new fridge they are contributing on the economy because its new‚ with the house it’s the
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End of Chapter Exercises: Solutions Chapter 1 1. The Casino has given you $100 worth of complimentary chips which must be wagered this evening. There are two tables – roulette and blackjack. The expected value of $100 bet on roulette is $83‚ and the expected value of $100 bet on blackjack is $86. What is: (i) the opportunity cost of betting the chips on roulette? (ii) the opportunity cost of betting the chips on blackjack? Answer: (i) expected opportunity cost of $86 (ii) expected
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RESUME Units of area = cm2‚ ft2 Units of volume = cm3‚ ft3 Type of wave: heat‚ sound‚ magnetic‚ light. -All waves carry energy from one location to another Sound waves (acoustic waves): Travels through a medium Are mechanical Are longitudinal Generally travels in a straight line Are best described as a series of compressions and rarefactions. Diagnostic ultrasound: uses mechanical
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