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George is recently appointed in the Accounts department of Qantas Airline. His manager asked him to submit a report that how data analytics can be used to maximize revenue from business and casual travellers. And why should Qantas Airline invest in emerging technologies like artificial intelligence and blockchain.
Required:
Problem 1: You are required to help George identifying key points and examples for his report.
Explain why costing methods used in the service industry are different from those used in the manufacturing or merchandising industries.
If a trucking company were operating at capacity, but had an opportunity to fill a one-time high volume special order, which of the ramifications could occur?
Product (X 2) had sales of $180,000 and variable expenses of $60,000. And the fixed costs of the entire company.What is The break-even point
What is the variable cost per minute? (Round your answer to the nearest cent.) The phone bill for a company consists of both fixed and variable costs.
Georgia, Inc. has collected the data on one of its products. The direct materials quantity variance is? Total direct materials cost variance-unfavorable $15,750
Problem - Now suppose the actual overhead for the company for last year was $32,000. What is the overhead variance
Was the overhead underallocated or overallocated? By how much? income statement for the year. The company closes any underallocated or overallocated overhead
Determine the contribution margin ratio and Degree of operating leverage and break even point in dollars and The margin of safety ratio.
In Exercise 6-3, Laker Company reported the following January purchases and sales data for its only product.
Templeton Corporation produces ice cream machines. Last year, Templeton sold 40,000 machines. What is Templeton Corporation production budget
Standard is assigned $630,000 in Machining cost, and $40,500 in Inspection cost. What proportion of Machining activity is used by Standard?
Discuss the various activities that the managerial accountant may be assigned to in the company in order to help the CEO make rational decisions
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