overhead assignment by adopting a contribution margin approach (i.e. variable costing) in which overhead is treated as a period expense? Why? Why not? Yes they should adopt the variable costing when it comes to overhead so that they can actually see where the costs are being spent per period. They really don’t have the option of increasing the price so they are going to have to cut back on certain activities. Variable costing will help determine in what area they can do that in. 3. Describe Wilkerson’s
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L1 主讲government和government spending 1. Government定义上有两种： Organic view：以group 为核心，是为了group work， group benefit存在的 Mechanistic view： 偏个人主义，特点有这些： The government is created by individuals to better achieve their individual goals. The individual rather than the group is at the center stage, and the government only exists for the good of the individuals. Individuals may have different needs, and policies that benefit one individual may not benefit another one. 个人主义是属于新观点，原来主要观点还是group核心观 2.
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Dmitry Konev 5916697 One of the most important accounting concepts for managers to make short and long-term decisions is cost function. In other words, this concepts helps managers to predict future costs using historical accounting and non-accounting data, assumptions and qualitative factors. This concept helps to estimate costs of goods production, facilitation or other business activities. First, cost is identified as fixed or variable. Fixed costs are not changed when the quantities number
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competing firms to control prices or exclude entry of a new competitor in a market (Sullivan & Steven, 2003). Therefore, in this model, firms would be more likely to act as monopolists and enjoy more profits together. Then, setting marginal cost equal to marginal revenue and calculate the price and quantity, the profits will be maximized at this point .If the price discrimination is feasible, for example, Australian iron ore production industry might engage in third-degree price discrimination，charging
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Seattle is one of the wealthiest cities in the United States, with a prospering economy and several high scale employers, yet also has high percentage of professionals that struggle with maintaining a healthy work/life balance. Many Seattle area residents suffer from a lack of social life and interests outside of work, and dedicate as many as 50-60 hours a week to their career. To help such individuals gaining a more balanced existence we have created Fulcrum. So you might be thinking, why exactly
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the best approach to valuing the environmental impact (externality) to be considered during the selection of new power generation sources by electric companies. Two approaches have been proposed: 1. The implied valuation approach- This uses the marginal cost of pollution control, imposed by regulators as a proxy for estimating the externality. 2. The damage valuation approach- This approach calculates the actual damages caused by residual emissions of pollutants. The MDPU had prescribed the implied
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ECO 550 Complete Class Click Link Below To Buy: http://hwcampus.com/shop/eco-550/eco-550-complete-class/ Or Visit www.hwcampus.com ECO 550 Complete Class ECO 550 Week 3 Assignment 1 – Demand Estimation Imagine that you work for the maker of a leading brand of low-calorie microwavable food that estimates the following demand equation for its product using data from 26 supermarkets around the country for the month of April. For a refresher on independent and dependent variables
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Gitahi Semester: Spring 2015 1. The table below shows the total production of a firm as the quantity of labor employed increases. The quantities of all other resources employed are constant. Compute the marginal and average products and enter them in the table. Marginal Average Units Total product product of Labor product of labor of labor 0 0 ––– ––– 1 40 ______ ______ 2 100 ______ ______ 3 165 ______ ______ 4 200
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cases where the total annual costs are not constant, increase in tuition will not necessarily result in a rise in the total revenue. There are many factors that determine the amount of revenue an organization will get. Costs (variable, fixed, and marginal costs) are factors that affect revenue (Khan Academy, n.d). For a school, the total cost is the money the school has to spend to teach the students. The balance determines whether revenue will increase or increase. An increase in the total annual
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us the maximum profit amount. 2. The Marginal Revenue and Marginal Cost approach for profit maximization is found when the marginal revenue equals the marginal costs. B. To figure marginal revenue we divide the change in total revenue by the change in quantity. 1. The marginal revenue decreases by 10 for each of the widgets that Company A produces. C. To figure marginal cost we divide the change in total costs by the change in quantity. 1. The marginal cost increases by 10 for each of the widgets
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