correctly and spending too much on costs. I first figured out his total revenue for the year. Giberson’s year is actually made up of 40 weeks or ten months. The following table is what makes up his revenues: Category | Unit Price | # of units | Sales | Patterned glasses | $9.00 | 19*40=760 | $6840 | Paperweights | $15.00 | 10*40=400 | $6000 | Wrapped tumblers | $8.00 | 32*40=1280 | $10,240 | Vases | $25.00 | 8*40=320 | $8000 | Total Annual Revenue: | =31,080 | I then calculated the operating
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1. Cost accounting relates to what industry? a. public accounting b. financial accounting c. service d. manufacturing 2.Sunk costs are ______. a. future costs b. costs that do not affect the decision c. costs from the past and cannot be changed. d. choice b & c are both correct 3.Which is not a characteristic of managerial accounting information? a. Emphasizes the external financial statements b. Emphasizes relevance c. Provides detailed information about individual parts of the company
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Acknowledgement All the praises for ALLHA Who is most Gracious, beneficent and beloved. It is only ALLHA who gives us knowledge and wisdom to do this task. All respects for Hazrat Muhammad (SAW) Who gives us the recognition our Creator and also leads us to recognize the aim of our creation. We are thankful to the comsats Institute of information technology Lahore for providing us a plat form and base to polish our skills and knowledge through practical experience. We also want to avail this
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ANALYSIS OF WESTLAKE LANES As per the case we can get into the solution by analysing 5 alternatives which are given below. Alternatives Alternative 1 Sell business; liquidate all assets to pay liabilities and investors. The Pros for this alternative would be that the business would be able to pay debt owed to investors. Furthermore, when the business closes, Givens and the board can possibly spend their time and energy into another more profitable business model. Givens may even have
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Unit Three Written Assignment Matthew Snyder MT435 Operations Management Kaplan University November 25, 2013 Introduction Hello Albatross Anchor and thank you for allowing us to come in to your place of business with the efforts to try and assist with your production process. KU Consulting will begin to determine what areas could use a revision in several different areas to make Albatross Anchor a profitable business. In order for us to assist you, we will make some recommendations of the
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Chapter 6 Cost-Volume-Profit Relationships Solutions to Questions 6-1 The contribution margin (CM) ratio is the ratio of the total contribution margin to total sales revenue. It can be used in a variety of ways. For example, the change in total contribution margin from a given change in total sales revenue can be estimated by multiplying the change in total sales revenue by the CM ratio. If fixed costs do not change, then a dollar increase in contribution margin will result in a dollar increase
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its monthly advertising budget and have needed to analyse the sales projections from television, newspaper and billboards. In order to portray these in a simple manner, scatter diagrams have been constructed to highlight the correlation between the total sales and each of the individual sales. This then led to the conclusion being made when concerning the advertising team’s plans for next month. The calculations that were made have come forward to positively support these plans as they still adhere
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Chapter-11 Case Analysis Case 11-1 Analog Devices, Inc. (A) Time Frame: 1986-90 Q1A. What was Analog Devices’ strategy in the second half of the 1980s? Answer: Problems faced in mid 80’s Growing inventory Increase in defect level of product ADI’s strategy in 2nd half of 80’s Emphasis on quality QIP: Half-life by implementing TQM Scorecard. TQM OUTCOME Parameter Measured improvement On time delivery Increased from 70% to 96% Cycle time Decreased from 15 weeks to 8 weeks Average yield
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Total No. of Questions : 4] [Total No. of Printed Pages : 2 [3874]-101 B. B. M. (I.B.) ( Semester - I ) Examination - 2010 INDIAN BUSINESS ENVIRONMENT (New 2008 Pattern) Time : 3 Hours] Instructions : (1) All questions are compulsory. (2) Figures to the right indicate full marks. [Max. Marks : 80 Q.1) Answer in 20 words each : (Any Ten) (1) (2) (3) (4) (5) (6) (7) (8) (9) Define Environment. Parallel Economy Causes of Regional Imbalance Economic Environment Two Examples of Topography affecting
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ILM Level 5 Diploma in Management Making a Financial Case Gower College Swansea Student ID: CTT8599 Contents Introduction Page 3 Understanding financial concept used to Page 5 inform management decisions Be able to make a financial case to inform Page 19 a management decision Introduction Business and Partnership Unit The Business and Partnership
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