Consider education as a product. What are the direct costs and the indirect costs to a university in educating a student?

Q: Companies with labor incentive manufacturing processes are most likely to benefit from sending…

A: Relevant costs: These are the costs that are required to be considered at the time of decision…

Q: What are the total fixed costs of operating the university? What are the variable cost and…

A: Cost at 5000 students = $30,000,000 Cost at 5100 students = $30,300,000 Variable cost per student =…

Q: a) Identify the concept of Family Takaful and give examples of its types, aims and applications. b)…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: Why does support department cost allocation matter to service businesses (such as colleges and…

A: A support department additionally called a service department, offers the types of assistance that…

Q: What is the importance of innovation in social entrepreneurship

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Q: ducation is a process that involves the transfer of knowledge, habits and skills from one generation…

A: Education is a system of teaching the young minds about skills and transferring knowledge which…

Q: Define direct costs and indirect costs and prepare a list of three direct and three indirect costs…

A: Direct costs are the expenses which connect to cost object. These costs include raw materials, labor…

Q: Necessity is the mother of invention; competition and a host of other reasons are responsible for…

A:

Q: Your college wants to monitor the efficiency and quality of its course registration process.…

A: Accounting is primarily concerned with identifying, recording, measuring, summarizing transactions…

Q: What are entrepreneurship theories of innovation and a function of high achievement?

A: The creation or extraction of value is defined as entrepreneurship. According to this definition,…

Q: What parameters measure the success of a social entrepreneurship venture?

A: Social Entrepreneurship is the concept that is initiated by individuals, groups, start-up companies…

Q: Give an example of an open system in the context of University?

A: Open System: An Open System may be a system that often exchanges feedback with its external…

Q: Why is social entrepreneurship tough and challenging?

A: Social entrepreneurship  Solving social problems through entrepreneurship or business or venture…

Q: Give examples of various costs Attending college involves incurring many costs.  Give an example of…

A: Sunk costs are costs that can not be recovered later. Discretionary costs are costs that are not…

Q: Distinguish between line and staff positions. Give two examples of each in a university setting.

A: Organization chart: Organization chart depicts hierarchy within the organization and it displays the…

Q: In producer theory we talked the idea of a production function. a) Using this concept, explain an…

A: a) A production is solely a technical concept. The production function reveals how much output will…

Q: There is …….. relationship between conservatism as accounting value and power distance as a culture…

A: Conservatism has a very important role in accounting rules like an allowance for doubtful debts and…

Q: Identify Activity Bases For a major university, select the activity base most appropriate for each…

A: Activity based costing: It includes the cost driver for each activity of the organisation like…

Q: 14. How can an integrated reporting be valuable for a university in its value creation over time?

A: Integrated reporting is widely used as an important tool by companies to understand the relationship…

Q: Berkeley College wants to monitor the efficiency and quality of its course registration process.…

A: Possible Input Measures 1.Registration staffing per student 2.Technology investment per period for…

Q: discuss experience of learning from different social, cultural, economic and demographic…

A: Answer: Learning is the process of growth in various forms. It is the running process of life.…

Q: Break-even analysis is an important tool for managing any business, including colleges and…

A: 1. The three areas where Break-even analysis might be used at college or university are: a) For…

Q: Would financial forecasting be relevant for nonfinance majors when they graduateand enter the…

A: Financial forecasting is a crucial component of organizational strategies that project potential…

Q: What is the most valuable knowledge gained from innovative business courses?

A: The term company refers to an organization or entity engaged in commercial, industrial, or…

Q: How could your college or university use the concepts in the balanced scorecard? List two possible…

A:

Q: ge in transportation infrastructure necessary to facilitate urban industrial development. E. Explain…

A: Introduction The global change in means of economic generation and social processes has fastened…

Q: Discuss the consequences of providing a subsidy on the stakeholders in a market, including…

A: A subsidy is a financial help that the government gives to either an individual, an institution, or…

Q: What is Teacher professionalism through the following aspect- Professional Ethics in Teaching…

A: Teacher professionalism It is the set of qualities, knowledge and skills a teacher must possess to…

Q: What are the four areas of the Balanced Scorecard? Identify and define them. Also, pick two areas…

A: Balanced Scorecard:   A Balanced Scorecard is a strategic management tool to identify different…

Q: Identify Activity Bases For a major university, select the activity base most appropriate for each…

A: Activity Base: Overhead Costs are allocated by measured activity.Activity base is a measured…

Q: When a researcher shows respect to the audience who read and use research study information. This is…

A: In business ethics, the research are the part of the research & development process…

Q: 2. [Civil Society and Business] Using appropriate examples, critically evaluate the pros and cons of…

A: Investment means engaging your funds to generate income for the future. There are various…

Q: Use an example to explain how a budget could be used to allocate resources in a university.

A: Budget:   Budget is the process of identifying, collecting, and summarizing the financial…

Q: What is the significance of science and technology to accountancy? What is the relationship of…

A: Note: Since you have asked multiple questions, we will solve the first question for you. If you want…

Q: d what are it

A: Life skills are defined as a set of psychosocial competence and personal skills that help people…

Q: antages and disadvantages of intern

A: Internal recruiting is useful because it allows the recruiting team to hire applicants who are most…

Q: If you are to give your assessment on the value of Artificial Intelligence in business strategy, at…

A: Artificial intelligence (AI) is the ability of a computer or a computer-controlled robot to do tasks…

Q: What types of output would be considered extremely sensitive in a university setting? Give three…

A: The extremely sensitive output can be defined as the information or output that must be guarded from…

Q: Explain what makes Science, Technology, and Science an academic?

A: Academic work is done at schools, colleges, and universities, and it focuses on learning and…

Q: Which of the following entities can use cost-volume-profit (CVP) analysis?   Multiple Choice…

A: CVP analysis is considered as a decision-making tool that helps management to make strategies and…