Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Determine the number of flights it will provide per week and the fare it will charge. Taking into account operating and fuel costs, airport charges, and so on, the estimated cost per flight is $2,000. It expects to fly full flights (100 passengers), so its marginal cost on a per passenger basis is $20. Finally, the airline's estimated demand curve is P 120 .1Q, where P is the fare in dollars and Q is the number of passengers per week.
Question a. What is the airline's profit-maximizing fare? How many passengers does it carry per week, using how many flights? What is its weekly profit?
Question b. Suppose the airline is offered $4,000 per week to haul freight along the route for a local firm. This will mean replacing one of the weekly passenger flights with a freight flight (at the same operating cost). Should the airline carry freight for the local firm? Explain.
The company pays $26 per hour of direct labor and $2 per pound of direct materials. What is this company's overhead rate?
How are cost standards developed? Discuss the purpose for cost standards
Explain Traditional managerial approach? How would allocate resources based on cost efficiencies attempting to optimize benefit for the cost. How political approach to budgeting is one of political responsiveness and ranking system based on relati..
Assume that the batch productivity statistics are met by the end of the year. Calculate the change in a batch's profits from the beginning of the year to the end attributable to changes in materials and labor productivity.
What was the materials price variance for December?
In order to assist the manager you are compiling a resource which will define the various management accounting terms used in the process of strategic analysis.
Indicate three production costs that are likely to increase because of the addition of a second production shift.
Calculate the partial productivity ratios for each year. Can you say that produc- tivity has improved? Explain. Calculate the profit change attributable to productivity changes.
Define the Balanced Scorecard and the four sections. The Balanced Scorecard was developed to overcome what shortcoming?
FNSACC302 Administer subsidiary accounts and ledgers - What is accrual accounting and how does it differ from cash accounting
During the year Keith company sold 200,000 units of product. the operating data are as follows:
New Public Management is becoming the dominant managerial approach in the United States. As a Council member, I certainly saw a movement towards NPM in some administrative areas of the city, but in others the more traditional approach remained.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd