------------------------------------------------- 1. What is the dependent variable for this experiment? ------------------------------------------------- The dependent variable is the concentration (solute) of the potato. ------------------------------------------------- ------------------------------------------------- 2. What is the independent variable for this experiment? ------------------------------------------------- The independent variable is the concentration (solute) in which the potatoes are
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1) Variable expenses in relation to Revenue Hours are Power‚ Wages of Hourly Personnel‚ Corporate services‚ and Sales Promotions. Variable Expenses | January | February | March | Power | $1546 | $1485 | $1697 | Hourly Personnel | $7896 | $7584 | $8664 | Corporate Services | $15‚424 | $15‚359 | $15‚236 | Sales Promotions | $7‚909 | $7‚039 | $8‚083 | TOTAL VC | $32‚775 | $31‚467 | $33‚680 | FixedExpenses | January | February | March | Space Costs | $9‚240 | $9‚240 | $9‚240
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BUSINESS PROPOSAL Business Proposal Marsha Bosier Economics 561 The University of Phoenix Amanda Freeman April 26‚ 2015 Kellogg has been in business since 1906‚ when W.K. Kellogg opened the Battle Creek Corn Flake Company
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(TCO D) Seebach Corporation has two major business segments—Apparel and Accessories. Data concerning those segments for June appear below. Sales revenues‚ Apparel $700‚000 Variable expenses‚ Apparel $406‚000 Traceable fixed expenses‚ Apparel $98‚000 Sales revenues‚ Accessories $710‚000 Variable expenses‚ Accessories $312‚000 Traceable fixed expenses‚ Accessories $107‚000 Common fixed expenses totaled $292‚000 and were allocated as follows: $155‚000 to the Apparel
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which it is incurred. 1-4 a. Variable cost: The variable cost per unit is constant‚ but total variable cost changes in direct proportion to changes in volume. b. Fixed cost: The total fixed cost is constant within the relevant range. The average fixed cost per unit varies inversely with changes in volume. c. Mixed cost: A mixed cost contains both variable and fixed cost elements. 1-5 a. Unit fixed costs decrease as volume increases. b. Unit variable costs remain
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Units C. Assume Unit Selling Price of Php 300‚ Unit Variable Cost of Php 120‚ Total Fixed Costs of Php 1.08 million and sales volume of 10‚000 widgets. Solve the following: 1. Unit contribution margin 2. Contribution Margin Ratio 3. Breakeven point in units 4. Breakeven point in Pesos 5. Margin of Safety in Units 6. Margin of Safety in Pesos 7. Degree of Operating Leverage D. Assume Unit Selling Price of Php 200‚ Unit Variable Cost of Php 120‚ Total Fixed Costs of Php 4 million‚ sales
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1. Table 1 Column1 | Column 2 | Column 3 | Column 4 | Column 5 | Column 6 | Column 7 | Column 8 | Column 9 | Column 10 | Column 11 | Output | Price per unit | Total Fixed Cost | Total Variable Cost | Total Cost | Average Fixed Cost | Average Variable Cost | Average Total Cost | Marginal | Marginal Revenue | Total Revenue | Level | | | | | | | | Cost | | | 0 | 165 | 125 | $ - | $165.00 | NA | | $165.00 | | 1 | $165.00 | $125.00 | $113.00 | $238.00 | $125.00
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to have a sound knowledge of cost behaviour ie fixed costs‚ variable costs‚ semi-variable costs and sunk costs. Answer: Understanding cost behaviour helps manager in anticipation of changes in cost when there is a change in their activities like production‚ sales‚ inventory pile up etc. It provides good assistance in planning‚ cost management and decision making. A number of behaviour patterns exist ranging from fixed to variable and from linear to curvilinear. Many cost predictions techniques
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Chapter Nine: Competitive Markets 9.1 Market Structure and Firm Behaviour Market structure: all features of a market that affect the behaviour and performance of firms in that market‚ such as the number and size of sellers‚ the extent of knowledge about one another’s actions‚ the degree of freedom of entry‚ and the degree of product differentiation. Competitive Market Structure Market power: the ability of a firm to influence the price of a product or the terms under which it is sold. The
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Summer2011-Microeconomics-Exam Two Practice 1. To calculate the total utility of consuming N products: A. add the additional satisfaction of consuming each product up to N and multiply by its price. B. add the total satisfactions of consuming each product up to N. C. multiply the additional satisfaction from consuming the Nth product by its price. D. multiply total satisfaction from consuming N products by N. 2. Suppose that the following table lists the utility that Steve receives from
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