Costs associated with two alternatives‚ code-named Q and R‚ being considered by Lang Corporation are listed below: | | Alternative Q | Alternative R | Supplies costs | $ 64‚500 | $ 64‚500 | Power costs | $ 36‚500 | $ 21‚500 | Inspection costs | $ 11‚400 | $ 26‚300 | Assembly costs | $ 38‚600 | $ 28‚000 | | Required: | a. | Which costs are relevant and which are not relevant in the choice between these two alternatives? |
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Philippines Analysis of Cost‚ Profit and Total Revenue Prepared by: Cajucom‚ Mary Jane Constantino‚ Georgia Escuadro‚ Abigail Ferry‚ Yasmin Joy Orobia‚ Maribel Lopez‚ Rannel Tumale‚ Mary Joyce Submitted to: Mrs. Gina Braga Accounting versus Economic Costs Economic costs Are forward looking costs‚ meaning‚ economist are in tune with future costs because these costs have major repercussions on the potential profitability of the firm. ● Opportunity cost‚ or costs that
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Work assumption: 1. Assume that the sales will increase by 10% for each new title‚ as indicated the Backlist sales increase. 2. Assume that the total number of new titles remain unchanged; since Ramsey is trying to publish fewer segments and focus more resources on trying to publish fewer segments and focus more resources on differentiation those books in the marketplace‚ there is no reason for him increase the new titles. 3. Assume that they plan to increase their gross margin by 2% and decrease
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lifetimes behind bars. Oddly‚ there’s been little public discussion about the dramatic increase of women in the prison system. What exactly is happening here‚ and why? This paper will be a critical analysis of the book‚ “Women Behind Bars: The Crisis of Women in the U.S. Prison System. This paper will Introduction Journalist Silja Talvi’s Women Behind Bars: The Crisis of Women in The U.S Prison System is an overview of issues affecting incarcerated women. The goal of the book Women Behind Bars
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Total costs of production (including a “normal” return on owners’ investment) per month are: C = 20‚000 + 50Q + 3Q2 a. Express total profits (() in terms of Q. b. At what level of output are total profits maximized? What price will be charged? What are total profits at this output level? c. What market structure did you assume? Why? d. Would your answers in b change if the market for sewing machines were competitive? How? (Specify price‚ quantity‚ and profit levels
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Assignment 2: Costs and Profit (20 points) In Section 2‚ you learned about costs and profit. Now‚ you’ll apply what you learned. 1. Choose a real or made up example of a company‚ and describe at least three variable costs the company has. (1-3 sentences. 1.5 points) soaring angels attire company’s first variable cost is shirts they customize shirts to whatever you want them to be but how many shirts you want tells them how much material they need. Same thing with the shoes they also customize
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their operations into cost or profit centers. It is a management and strategic decision for companies to decide which divisions should be cost centers and which ones should be profit centers. . A cost center may actually provide services that could generate a profit if they were offered on the open market. But in most corporate environments‚ cost centers are not expected to generate a profit and operation costs are treated as overhead. Departments that are typically cost centers include information
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Rate/Volume Analysis The following table presents the extent to which changes in interest rates and changes in the volume of interest-earning assets and interest-bearing liabilities have affected our interest income and interest expense during the periods indicated. Information is provided in each category with respect to (1) the changes attributable to changes in volume (changes in volume multiplied by prior rate)‚ (2) the changes attributable to changes in rate (changes in rate multiplied by prior
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Why Are Cost‚ Revenue & Profit Important? Cost‚ revenue and profit are the three most important factors in determining the success of your business. A business can have high revenue‚ but if the costs are higher‚ it will show no profit and is destined to go out of business when available capital runs out. Managing costs and revenue to maximize profit is key for any entrepreneur. Definition of Terms Revenue is the same as total income for a business and measures all money taken in through
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What assumptions did Gallinger make that he could have avoided in his interactions with the Martians? I will argue that Gallinger made many avoidable assumptions throughout the novel‚ such as: Braxa loving him‚ the matriarchs voting against him‚ and thinking that the Martian culture was unsophisticated. Assumptions can be defined as hasty conclusions‚ typically based off of prior knowledge‚ which may or may not hold true. Gallinger is the protagonist in “A Rose for Ecclesiastes”; he is a linguist
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