company. Actual costs Static Incurred budget Activity level (in units) 800 750 Variable costs: Indirect materials $6‚850 $6‚600 Electricity $1‚312 $1‚275 Fixed costs: Administration $3‚570 $3‚700
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Difference between Variable & Absorption Costing When it comes to managerial accounting‚ the way that information is presented can affect decision-making for a business. In a manufacturing environment‚ companies can use absorption costing or variable costing when accounting for the costs of products produced. While these methods are similar‚ they have some key differences that can impact the company. Absorption Costing * Absorption costing‚ also known as full costing is a method by
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Waterways Continuing Problem 1 Waterways Continuing Problem WCP1 Waterways Corporation is a private corporation formed for the purpose of providing the products and the services needed to irrigate farms‚ parks‚ commercial projects‚ and private homes. It has a centrally located factory in a U.S. city that manufactures the products it markets to retail outlets across the nation. It also maintains a division that provides installation and warranty servicing in six metropolitan areas. The mission
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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
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BUSINESS MATHEMATICS: ASSIGNMENT - “Section” 5.1‚ page 182. (1) Write the general form of a linear function involving five independent variables. (2) Assume that the salesperson in Example 1 (page 177) has a salary goal of $800 per week. If product B is not available one week‚ how many units of product A must be sold to meet the salary goal? If product A is unavailable‚ how many units be sold of product B? (3) Assume in Example 1 (page 177) that the salesperson receives a bonus when combined
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Variable costs are those costs that increase as the output the restaurant increases. As example‚ assume for the Teen Burger Direct Materials cost $1.50 per burger. A day with one thousand burgers sold would cost of $1500 dollars. In comparison‚ a day with two thousand burgers sold would cost $3000 dollars. While the cost per Teen Burger remains constant the total cost per day varies with the output each given day. Electricity costs would increase in the same fashion as each time a burger is cooked
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for this investment project. The working capital will be released at the end of the 10 years. The new shampoo is expected to generate net cash inflows of $85‚000 per year for each of the 10 years. Axillar’s discount rate is 16%. Required: (a) What is the net present value of this investment opportunity? (b) Based on your answer to (a) above‚ should Axillar go ahead with the new conditioning shampoo? (Points : 35) | (TCO C) Nic Saybin Enterprises Accounting Department collects all pertinent
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Automatic Dependent Surveillance – Broadcast (ADS-B) ADS-B is one of the most important‚ underlying technologies in the FAA’s plan to transform air traffic control from the current radar-based system ( that was invented during World War II) to a satellite-based system. ADS-B is bringing the precision and reliability of satellite-based surveillance to the nation’s skies. AviationGlossary.com defines ADS-B as Automatic Dependent Surveillance Broadcast ADS-B is a next generation surveillance technology
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Evaluating a Hiring and Variable Pay Plan Include a brief summary of the situation. Effective Management Solutions (EMS) a small management consulting company divided into four areas: management systems‚ business process improvement‚ human resources‚ and quality improvement that are rapidly growing. The growth has expanded so quickly that‚ EMS has developed and is planning to execute an aggressive revenue growth plan. The goal is to obtain a 25% revenue increase each year for the next five years
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Period:__________ Set up matrices and solve using the graphing calculator. Do not give answers as decimals. 1. 2. 3. Set up equations‚ then matrices‚ and solve using the graphing calculator. Be sure to define variables! 4. Suppose the movie theater you work at sells popcorn in three different sizes. A small costs $2‚ a medium costs $5‚ and a large costs $10. On your shift‚ you sold 250 total containers of popcorn and brought in $1726. You sold twice as many large
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