"Separating a mixed cost into the fixed and variable components" Essays and Research Papers

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    Title: Separating the components of “Panacetin” Name: Ip‚ Wing Chung (Vincent) Lab Partner: Ma‚ Siyin Date: 2/3/2013 Introduction: The purpose of this experiment is to investigate the composition of compounds in Panacetin. Generally‚ it is made up of sucrose‚ aspirin and an unknown component‚ either acetanilide or phenacetin. SinceBy using different techniques‚ such as filtration‚ extraction‚ and evaporation‚ those three components have been isolated out‚ which is based on varies solubility

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    Separating The Components of “Panacetin” Observations Most natural products and many commercial preparations are mixtures containing a number of different substances. To obtain a pure compound from such a mixture‚ you must separate the desired compound from the other components of the mixture by taking advantage of differences in their physical and chemical properties. Acidic or basic substances are often converted to water-soluble salts‚ which can then be separated from the water-insoluble

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    Definition and explanation of mixed or semi variable cost: A mixed cost is one that contains both variable and fixed cost elements. Mixed cost is also known as semi variable cost. Examples of mixed costs include electricity and telephone bills. A portion of these expenses are usually consists line rent. Line rent normally is fixed for each month. Variable portion consists units consumed or calls made. The relationship between mixed cost and level of activity can be expressed by the following equation

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    businesses are transforming labor into a more flexible (and variable) cost.  Among such companies are Hewlett-Packard‚ General Electric‚ DuPont‚ Sun Microsystems‚ and British Airways.  Discuss whether direct labor is a fixed or a variable cost.  What are the pros and cons of management treating direct labor as a variable cost?  Are there ethical issues to be considered here?  Direct labor can be classified as a fixed cost or a variable cost‚ depending on how flexible the employer needs to be/can be

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    Costs and budgets The management of costs is a very important aspect of managing financial resources. If costs are not managed effectively‚ it can lead to profits being damaged and the business potentially unable today its expense. Keeping within a budget‚ increasing income in order to cope with change and making sure that working capital is available and money and set aside for emergencies is all part of the balancing exercise. Costs managed to budget McDonald’s budget was adverse as there

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    Latasha Thomas January 20‚ 2013 HSM 260 Jerome Anderson Exercise 10.1 Recompute fixed costsvariable costs‚ and the BEP. What are the variable costs? What are the fixed costs? How many meals will the WHDM program need to provide during the fiscal year to reach the BEP? How much profit will the program earn if it completes its 45‚000-meal contract with the City of Westchester? The variable cost of service is $3.93 during the fiscal year the WHDM should provide 1‚011 meals to reach their

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    Assignment: Fixed cost Dora McKinney Hsm/260 Week 4 Instructor: Greg O’Donnell Fixed CostsVariable Costs‚ and Break-Even Point Exercise 10.1 Month Meals Served Total Costs July 3‚500 $20‚500 Low August 4‚000 22‚600 September 4‚200 23‚350 October 4‚600 24‚500 November

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     budgets. 3. The costs of direct materials are classified as:     A. Choice A B. Choice B C. Choice C D. Choice D 4. The three basic elements of manufacturing cost are direct materials‚ direct labor‚ and:  A. cost of goods manufactured. B. cost of goods sold. C. work in process. D. manufacturing overhead. 5. 25. Prime cost consists of direct materials combined with:  A. direct labor. B. manufacturing overhead. C. indirect materials. D. cost of goods manufactured.

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    completed for Danshui Plant No. 2 to break even? 2. Using budget data‚ what was the total expected cost per unit if all manufacturing and shipping overhead (both variable and fixed) were allocated to planned production? What was the actual cost per unit of production and shipping. 3. Prepare a flexible budget for 180‚000 iPhone 4’s and calculate flexible budget variances using actual costs for August. 4. Estimate material price and usage for flash memories‚ labor rate and usage (efficiency)

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    manufacturer produces 1‚000 basketballs each day‚ which it sells to customers for $30 each. All costs associated with production and sales total $10‚000; however‚ if the manufacturer were to produce one additional basketball per day‚ total costs would increase to $10‚100. From these amounts‚ we can tell that a. the firm has negative profit. b. marginal cost equals $100. c. marginal cost equals $150. d. marginal cost equals marginal revenue. 2. A retailer has to pay $9 per hour to hire 13 workers

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