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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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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Honor Code Academic honor codes are simply an easy way for lazy people to get through post-secondary institutions. These honor codes discourage students from actually putting in the full effort in their education‚ which can seep over to their careers. In addition‚ students see that they really do not need to do all of the work in order to get good grades‚ and can skate through college‚ but they are not retaining the education they are paying thousands of dollars for. Honor codes address cheating
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Kellie Crouch Honors U.S History Britain’s financial problems accumulated over a long period of time. However after the victory following the French and Indian war‚ Britain’s financial problems increased tremendously since war was not cheap Even though Britain was victorious; there success came at a great cost. For instance‚ on January 1763 Britain was 122 million pounds (a little over two hundred million dollars in U.S. currency) in national debt. Because of Britain’s enormous debt which
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of the Honor Code in School Systems Having an honor code at a school generally varies by the belief system of that school and the surrounding area. However‚ a concise and proper honor code is something that can help the academic‚ social‚ and personal well-being of students and the community surrounding them (Stanford University). To prove this‚ three points will be brought up. The first point discusses an article relating to the New York Times. The article speaks of how the academic honor code is
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American Honor Honor has always determined the values and things of most importance in a person’s life. As the world has changed over the past thousands of years has along with it gone the values and concepts of the true original honor or has the values of honor changed for the better and the concept becomes a lifestyle. The question then might be could the effects of culture lead to the changes of honor and not the time and if this is true‚ then modern what might American honor look like after its
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what he received. Honor is the reward for what we give" (Calvin Coolidge). According to Merriam Webster‚ honor is “respect that is given to someone who is admired”‚ but this definition doesn’t account for honorable events. Significant historical events are still being honored today. Legacies are still upheld as well as annual events that we take a day to honor. By remembering the significance of an event‚ we are able to honor the individuals and their achievements. To honor a person we recognize
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to challenge myself with advanced curriculum. I jump at every opportunity to take an advanced or Honors course at my school. I have been taking advanced classes since the seventh grade. I enjoy taking honors courses because they allow me to use my strengths and abilities at a higher and more advanced level. I believe that I have so much to offer if I am accepted into UNA’s Honors Program. Every honors program needs students that are driven and motivated to succeed. One of my biggest strengths is
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Why I am a Good Candidate for Honors English Colin Powell once said “The healthiest competition occurs when average people win by putting above average effort”. I always strive to be the greatest that I can be in my everyday activities‚ more specifically in my school work. I am a good candidate for Honors English because I am a progressive person and strive to do my best on a daily basis‚ it will help prepare me for courses I take in the future‚ and I am very committed to do well on all my school
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