------------------------------------------------- ASSIGNMENT ON COST CONTROL AND COST REDUCTION ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- -------------------------------------------------
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INTERNATIONAL B-SCHOOL SUBJECT: FINANCIAL & COST ACCOUNTING Total Marks: 80 N.B.: 1)Allquestionsarecompulsory 2) All questions carry equal marks. Q1) ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In addition‚ ABC Ltd will have to incur costs of Rs 1.50 per unit for freight and Rs 10‚000
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1. The chief economist for Argus Corporation‚ a large appliance manufacturer‚ estimated the firm’s short-run cost function for vacuum cleaners using an average variable cost function of the form. AVC= a + bQ+ cQ^2 (the 2 is suppose to be exponent) Where AVC=dollars per vacuum cleaner and Q=number of vacuum cleaners produced each month. Total fixed cost each month is $180‚000. The following results were obtained: Dependent Variable:AVC R-Square
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Online learning is an effective educational tool in developing countries. During the technology development and information explosion of the 21th centuries‚ a tremendous transformation has infiltrated the dissemination of knowledge. A vigorous process that may boost the revolution for education in the developed countries is online learning that learners can successfully obtain universal access to knowledge through electronic devices without the limitation of space and time. However the new teaching
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Nida Khan Piyush Soni MBA(FT) Semester II Batch 2012 - 2014 INTRODUCTION Online shopping is the process of buying products through internet without going to store or shop’s location physically. Here people use their credit/debit or other bank card for payment.The Internet has undoubtedly changed how people go about their daily
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recorded in the correct time period? Select a number of sales invoices - compare date on sales invoice with date in sales ledger. Perform sales cut‑off tests to obtain assurance that sales transactions and corresponding entries for inventories and cost of goods sold are recorded in the same and proper period. The sales cutoff test involves: Examining shipping documents for several days before and after the cutoff date to determine the date and terms of shipment. Tracing shipping
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5 / ¼.5= .67%/ 22%= 3.05 Ch 22 #7 1. Key Question A firm has fixed costs of $60 and variable costs as indicated in the table on the following page. Complete the table and check your calculations by referring to question 4 at the end of Chapter 23. 1. Graph total fixed cost‚ total variable cost‚ and total cost. Explain how the law of diminishing returns influences the shapes of the variable-cost and total-cost curves Graph AFC‚ AVC‚ ATC‚ and MC. Explain the derivation and shape of each
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Little by little the internet and technology are expanding to incorporate more aspects of our daily lives. The expansion is so vast‚ one can now do just about anything online. On line advances has no doubt positively contributed to businesses‚ education‚ communication‚ and quality of life in general‚ but when does one draw the line? Healthcare is a very serious subject because it deals with people’s lives and well being. Potential problems that may arise from it are not monetary‚ like those involved
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Caoimhe Gillin 11/3/13 1116 – English 101 Humans are worth saving The world is a crazy place and has evolved from so little‚ into a gigantic world. This world is full of amazing technology‚ the works of creative minds‚ and good people. If anything we should be spared by aliens because of the huge milestones the human race has embarked on. Though coming together and inventing the things we have today‚ the human race has changed planet Earth in a unique way. Although humans are susceptible to make
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QUESTIONS AS THEY ARE – AND PLEASE STAPLE! ALSO‚ PLEASE PUT THE FIRST TWO LETTERS OF YOUR LAST NAME IN THE TOP RIGHT HAND CORNER OF THIS PAGE SO THAT WE CAN ALPHABETIZE THESE EASILY. THANKS IN ADVANCE! Economics 304 Homework #4 – Desired Capital‚ User Cost and Goods Market Equilibrium Due Wednesday‚ 2/16 at the beginning of class – no late papers accepted! Instructions: Please show all work or points will be taken off. Good luck! 1. PART 1 (35 points total – 5 points for each
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