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1. ‘‘The concepts of short-run costs and long-run costs are relative-short run could mean a day, a month, a year, or even 10 years, depending on what you are looking at.'' Comment.
2. ‘‘My variable costs are $2 per unit. If I want to increase production from 100,000 units to 150,000 units, my total costs should go up by only $100,000.'' Comment.
3. What methods of cost estimation rely primarily on historical data? Discuss the problems an unwary user may encounter with the use of historical cost data.
4. What steps would you take to deal with a supervisor who asks you to falsify the results of your cost estimation?
The cost in $ per year and effectiveness measure in items salvaged per year for four mutually exclusive service sector. Calculate the cost effectiveness ratio for each alternative, and use the CER to identify the best alternative.
Prepare general journal entries to record the transactions and events for the reporting period ended 30 June 2013 (narrations are not required).
Create a list of all of the entities that are mentioned in the description and describe what happens to the cash account of each entity that you identified in Requirement a.
Compute the unit cost for the handles produced by the pattern department assuming that process costing is totally appropriate. Round unit cost to two decimal places.
Transform financial statements from Barclays bank group limited, to an XBRL (GAAP or IFRS)instance Document
Find the balanced scorecard and its perspectives on performance and evaluate total quality management (TQM) and the costs of quality
Goodwill in the amount of $120,000 was recognized because the company believed that book value was not an accurate representation of the fair value of the company. The gain of $120,000 was credited to Retained Earnings.
Net Income reported on the income statement for the current year was $134,800. Depreciation expense recorded on buildings and equipment was $27,400 for the year.
problems1. seattle health plans currently uses zero-debt financing. its operating income ebit is 1 million and it pays
If 3,000 sofas were started into production on May 1 and 2,500 sofas were transferred to Upholstering. Using the data in (a) above, what was the per unit conversion cost of the sofas transferred to Upholstering?
Management tools are used in the manufacturing cycle of the value chain and feature or objective of total-life-cycle costing?
in january 2010 the free cancer foundation established an endowment of 500000 the income from which is restricted to
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