| Total Marks: ______ / 100 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
Premium Variable cost Costs Management accounting
taken into account and a variable from the macro-environment that has influenced the Wakaberry business is the Healthier Lifestyle variable. People today are more health conscious than ever. This has influenced Wakaberry to create yoghurt that is 98% fat free. The impact of this variable is shown from this excerpt in the case study: “Wakaberry offers 100% REAL frozen yogurt‚ which is 98% fat free; perfect for health-conscious consumers.” 1.1) b) Another macro-environment variable that has influenced
Premium Marketing Monopoly Ice cream
CHAPTER 1 QUESTION: IDENTIFY AND EXPLAIN TEN (10) MACROECONOMIC VARIABLES AFFECTING A NAMED BUSINESS ENVIRONMENT. HOW CAN THESE BE REGULATED? INTRODUCTION In today’s world‚ no business operates in isolation without interacting with the environment where it operates. Irrespective of the nature of business whether public or private organization; manufacturing; service industry; local or international firm‚ its operations are inhibited by the environment in which it operates. During 2003-2007
Premium Inflation Economics Macroeconomics
T-test for Two Independent Samples * This test is used when only two unrelated groups are being compared and the measurements are either interval or ratio. The two groups may or may not have the same number of samples. * The t-test for two independent groups involves testing whether or not there is a significant difference between the population means of the two groups. Consider a study wherein the effectiveness of banana leaves as an organic wrapper was compared to that of aluminum foil
Premium Arithmetic mean Statistics Statistical hypothesis testing
net income (net profit). 4 Variable Costs Fixed Costs Mixed Costs Cost Estimation Methods Cost Estimation Methods are frequently required to separate the fixed and variable components of a total cost pool. Methods include: 1. 2. 3. 4. 5. Account Analysis Scattergraph High-Low Method Regression Relevant Range Scattergraph High-Low Method Example: Let total costs at 500 units of output be $150‚000 and at 3‚000 units of output be $400‚000. Calculate variable and fixed costs‚ respectively
Premium Variable cost Costs Contribution margin
interval (0‚1); b) if f(x)= 2e-2x U(x) Q 4-7‚ Show that if the uniform variable x has an Erlang density with n=2‚ then Fx(x) = (1-e-cx-cxe-cx) U(x) Q 4-8‚ The random variable x is N (10; 1)‚ Find f (x | (x-10)2 <4) Q 4-9‚ Find f(x) if F(x) = (1-e-ax) U(x-c). Q 4-10‚ If x is N (0‚ 2) find a) P{1≤ x ≤ 2} b) P{1≤ x ≤2 | x ≥ 1} Q4-14‚ A fair coin is tossed 900 times and the random variable x equals the total number of heads. a) Find fx(x)‚ 1: exactly‚ 2: approximately
Premium Random variable Probability theory
Macroeconomic Variables on the Telecommunication Industry University of Phoenix MBA 501 Forces Influencing Business in the 21st Century January 22‚ 2007 Introduction The intent of this paper is to perform an analysis of the cable industry’s external environment. The first sections of the document will discuss environmental scanning and define the telecommunication niche that is currently occupied by cable operators such as Comcast. The next section will identify the macroeconomic variables that currently
Premium Unemployment
Exercises 5-11 through 5-18: Summit Manufacturing‚ Inc. produces snow shovels. The selling price per snow shovel is $30. There is no beginning inventory. Costs involved in production are: Direct material $5 Direct labor $4 Variable manufacturing overhead $3 Total variable manufacturing costs per unit $12 Fixed manufacturing overhead cost per year $180‚000 In addition‚ the company has fixed selling and administrative costs of $160‚000 per year. Exercise 5-11. During the year‚ Summit produces
Premium Variable cost Revenue Inventory
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
Premium Costs Variable cost Cost
12 Angry Men Constellation of Variables In group communications theory‚ there are labeling terms for each contributing member of the group‚ and how the group interacts among one another - the result is group communication. These contributing factors of situation‚ goals‚ roles‚ norms‚ and cohesiveness make up the constellation of variables. The film 12 Angry Men depicts the constellation of variables. In the film‚ twelve jurors in a hot room‚ forced to deliberate the fate of a man accused of
Premium Jury English-language films