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Atlantic University has 8 schools 350 faculty members and 20,000 students. An analysis of the university's cost structure yielded the following annual cost estimates. The university sustaining cost levels is $20,000,000, which includes basic building costs, admin salaries like president and admissions offices. Committed costs at the university level increase in the long run, by $20,000,000 for each new school added and by $1000 for each additional student enrolled. The school of business is a school in Atlantic University. The school sustaining cost level is $5,000,000. The area sustaining cost level is $50,000. Committed costs in the School of Business increase, in the long run, by $200,000 for each faculty member added and by $500 for each unit of student capacity added. Planner at the university estimate that the total flexible costs per student amount to $600 (all the costs above are annual costs). Each faculty member teaches 5 courses and each student takes 9 courses per year. The accounting area in the school of business has 30 faculty members and is offering 150 courses with, on average 60 students in each course. Only accounting students take the course. Required: 1. What is the total annual cost per accounting student? 2. What is the total annual cost of the accounting program? 3. The dean is considering the shift of faculty workload. The shift will result in each faculty member teaching 4 course per year. The number of students course enrollments will be unchanged. How will this change affect the cost per student? How will it affect the cost of the accounting program?
Should the asbestos companies be held morally responsible in the sense of being capable of making a moral decision about the ill effects of asbestos exposure?
Norman Corporation had 250,000 shares of common stock outstanding during the year. Norman declared and paid cash dividends of $200,000 on the common stock and $160,000 on the preferred stock. Net income for the year was $880,000. What is Norman's ..
1. which of the following aspects of a company would not be considered a critical success factor for a company that
John-Bob's share of losses from Partnership Z during 2010 was $60,000. How much is John-Bob at risk for Partnership Z on January 1, 2011?
What are some of the advantages and the disadvantages of database forms? What is your experience in using Queries? Have you ever read the SQL commands generated by a Query in Access database?
If the accounts receivable balance at December 31 was $350,000, what is the required adjustment to the Allowance for Doubtful Accounts at December 31, 2012?
The deferred income tax liability: a. Represents income tax payments that are deferred until future years because of temporary differences between GAAP rules and tax accounting rules. b. Is a contingent liability.
On September 1, 2010, the Baker Company received $44,940 from 4-Most Finance Company. To pay off this loan, the Baker Company will have to pay 4-Most $10,000 each year for 10 years. The first payment is due September 1, 2011. Which interest rate comp..
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At the beginning of the year, Uptown Athletic had an inventory of $400,000. During the year, the company purchased goods costing $1,600,000. If Uptown Athletic reported ending inventory of $600,000 and sales of $2,000,000, their cost of goods sold..
Compute the employer's FICA taxes for the pay period ending December 18. OASDI taxes HI Taxes, OASDI taxable earnings $ HI taxable earnings $ , OASDI taxes $ HI taxes $
tim duggan owns and manages sky restaurant a 24-hour restaurant near the citys medical complex. tim employs 9 full-time
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