AC505 week 8 final exam tutorial numbers 2-17 2. Which costs will change with a decrease in activity within the relevant range? A) Total fixed costs and total variable cost. B) Unit fixed costs and total variable cost. Answer C) Unit variable cost and unit fixed cost. D) Unit fixed cost and total fixed cost. 3. An increase in the activity level within the relevant range results in: A) an increase in fixed cost per unit. B) a proportionate increase in total fixed costs. C) an unchanged fixed cost per unit. D) a decrease in fixed cost per unit. Answer Use the following to answer questions 4-5: The following information has been provided by the Evans Retail Stores, Inc., for the first quarter of the year: …show more content…
What is the unit product cost for the month under variable costing? A) $69 B) $84 C) $89 D) $74 Answer: A DM 13.00 + DL 55.00 + V OH 1.00 = 69.00 14. What is the unit product cost for the month under absorption costing? A) $74 B) $89 C) $69 D) $84 Answer: D DM 13.00 + DL 55.00 + V OH 1.00 + F OH 15.00 = 84.00 F OH = 130,500/8700 15. What is the net income for the month under variable costing? A) $10,600 B) ($17,000) C) $16,600 D) $6,000 Answer: A Sales (8,300 X $92) $763,600 Variable Expenses Beg Inv 0 Var Manu (8,700 X $69) 600,300 Less End Invty (400 X 69) (27,600) Variable CGS (572,700) Variable Selling and Admin (8300 X 5) ( 41,500) Contribution Margin 149,400 Less Fixed Expenses 138,800 Net Income 10,600 16. What is the net income for the month under absorption
I conducted this interview with myself in my dorm room late at night after I got back home from dance rehearsal and showered. Most people on my floor were sleeping or talking in the lounge, so the environment around my room was relatively quiet because I am a few doors down from the floor’s lounge. After getting squeaky clean from a tiring rehearsal, I sat down at my desk in front of my laptop, pulled out an empty word document, started asking myself questions about the mnemonic device in my head, and then answered the questions by typing them into the word document.
2.) What is the ‘relevant range’ for the cost structure? In other words, at what volume might you expect the fixed and variable costs to change appreciably?
Belinda Mason was a short-story writer, a reporter for a Kentucky newspaper, and a well-known journalist in her small home town of Eastern Kentucky. Mason was also a daughter, sister, wife and mother of two beautiful children. Unfortunately, Mason died at an early age from complications of AIDS. Mason’s life and death had a substantial impact on the state of Kentucky.
Women’s history in the United States has always been represented as a struggle for rights. Wealth and status were tied to either their fathers or husbands. In the early 1900s, women were afforded the traditional roles of society. The majority of women worked in the home. If they were of the 18% young or poor women, they also worked in factories as laborers, manufacturing items for the booming industrial revolution (U.S. Department of Labor, 1980). During this time period the workplace was not in compliance with current safety standards. There was no minimum wage yet, work conditions were horrible and they worked long hours, “In 1900, the average workweek in manufacturing was 53 hours,” (Fisk, 2003). Women took “pink
Annie Easley was an African American computer scientist, mathematician, and rocket scientist born April 23, 1933 in Birmingham Alabama to Samuel Easley and Mary Hoover. Not having any full recognition of her father Ms. Easley was raised by her mother and was taught early on that education was everything. She attended Holy Family High School and was valedictorian of her class. Easley intended to become a nurse thinking it was the only career open for African American women. She then attended Xavier University in New Orleans, Louisiana, and African American Catholic University where she majored in pharmacy. In the early 1950’s Easley married and moved to Cleveland and attended Cleveland State University where their pharmacy program had ended.
In my advance math decision-making (AMDM) class we were encouraged to look up a famous black mathematics for black history month, so we could see that there were black mathematician in the field of work. Therefore, I choose Marjorie lee Browne known for her gifted skills in math and for her electronic digital computer center at North Carolina College.
important part to the STEM community, though it came as a shock when women started playing
In this paper, I’m going to discuss the argument that the famous American anthropologist, Ruth Benedict, has put forth regarding ‘ethical relativism’. Ethical relativism is the theory that holds that morality is relative to the norms and values of one's culture or society. That is, whether an action is classified as right or wrong depends on the moral norms of the society in which it is practiced. The same action may be morally right in one society but be morally wrong in another. For the ethical relativist, there are no universal moral standards -- standards that can be universally applied to
Shayla Smith stayed a few nights of summer vacation with her friend, Tamara, whose Mom and Dad, Bob and Susan Tuttle, took Shayla and their daughter, Tamara, camping. Shayla’s mom was happy for the break, as Shayla is dyslexic, and that has caused her to have a difficult time at school. Consequently, she acts out, and is a handful for her single mom!
The following additional facts are collected for use in making adjusting entries on December 31 prior to preparing financial statements for the company’s first three months. Journalize the following adjusting journal entries in the General Journal on page 6 and then post them to
The article “A person’s Accent Can Change Your Perception of What He Is Saying” by Alice Robb was very interesting. The title of the article says it all. I agree with the author statement in the article “listening to a voice with a foreign accent can prime people to see a situation according to the values of foreign culture. The Chinese-English speakers voices seemed low, soft, scared, and did not stand out as independent, therefore when I looked at the picture of the fishes it made me think the group of fishes were chasing the single fish that was swimming ahead. Once I listened to the American-English speakers the voice sounded more at a higher pinch, strong clear, and independent, which made me looked at the picture differently than when
Dorothy E. Smith was born in North England in 1926. Dorothy E. Smith has lived a long life and commonly refers to it as “a long time ago and another world”. According to Smith, she has grown from the young woman to now due to several experiences. Smith has been employed in many different capacities such as a secretary and a clerk. In her Mid-twenties, she worked at a book publishing company. Smith attempted to make a career in the publishing field, but soon realized women were not welcomed or respected.
Margaret Newman’s theory of health as expanding consciousness stemmed from family life experience. According to Alligood & Tomey (2014), Newman was born October of 1933 in Memphis, Tennessee and attended Baylor University in Texas where she earned a Bachelor’s degree in home economics and English. After graduation, she went back home to Tennessee to discover that her mom is suffering from Amyotrophic Lateral Sclerosis (ALS), a chronic and irreversible motor neuron disease. Newman became her mother’s primary caregiver which sparked her interest in the dynamics of health and illness. After her mother passed away, Newman decided to go back to school and earned a second Bachelor’s degree in Nursing in 1962, pursued a Master’s degree in Medical-Surgical
We often read about this eternal search for the fountain of youth and wonder if it is really possible or it is just an old man and woman’s fond hope. Well, here’s a living example of undying youth.
Louise Mallard is Kate Chopin short story's protagonist. As noted earlier, Louise has a heart trouble during the time when her friends are to break her husband's death news to her. She reacts to the news despite her heart condition with a flood of grief. She quickly retreats to her room which indicates repressiveness which she is accustomed to. She briefly feels guilt out of experiencing joy at the freedom which is brought by the death of her husband. She is later faced with some complex mix of love and resentment emotions which are elicited by the thoughts of Brently's tenderness with absolute control of her life from her husband. She ultimately welcomes her independence which she has newly found and then takes on the newly self-possessed individual's life. This essay will emphasize my argument on how the story shows some aspect of mental change in character, and I will identify where this starts in the character, what happens to cause the change, what the change is, and the consequences of this change for the character.