Wednesday
October 1, 2014

Search: cost/managerial

Number of results: 8,252

Managerial Economics
Compute the economic profit of the firm if Sales-10000,material cost-3000,labour cost-2000,Administration cost-1000,own capital invested is 20000 and opportunity cost of capital 10%.
July 11, 2012 by Anusha

Managerial Economics
Economists consider which of the following costs to be irrelevant to a short run business decision? A)out of pocket B)historical cost C)opportunity cost D)replacement cost
November 12, 2007 by A

Managerial Economics
Can someone explain what is a cubic cost function? I'm taking a managerial economics course, but I've never taken any algebra or calculus; so I'm struggling. I'd like to grasp the purpose of what it is and then try to figure out how to do it. thanks!
February 9, 2010 by Kiersyn

Accounting
What types of cost information are reported to support managerial purposes and decisions? Describe 2 major categories of purposes that are supported by cost information. Describe how cost information supports both of these categories. What is a cost object and how is it used ...
April 21, 2012 by Rachel

Managerial Accounting
A food division reported cost of sales-food of $198,680. Employees' meals cost $1,225, complimentary meals $142 and transfers in were received from teh bar operaton with a cost of &82. Determine the net cost of sales.
February 6, 2011 by Katie

Managerial Economics
For a cost function C = 100 + 10Q + Q2, the average variable cost of producing 20 units of output is A. 10 B. 20 C. 30 D. None of the statements associated with this question are correct
February 5, 2009 by John

Managerial Economics
When a firm increased its output by one unit, its Average Cost rose from $45 to 50. This implies that its Marginal cost is A)greater than $50 B)between $45 and $50 C)$5 D)cannot be determined from the above information
November 12, 2007 by A

Accounting 1
Match each of the following characteristics that describe financial accounting, managerial accounting, both financial and managerial accounting, or neither financial nor managerial accounting. A. Financial accounting B. Managerial accounting C. Both financial and managerial ...
August 31, 2014 by Mia

Accounting 1
Match each of the following characteristics that describe financial accounting, managerial accounting, both financial and managerial accounting, or neither financial nor managerial accounting. A. Financial accounting B. Managerial accounting C. Both financial and managerial ...
September 1, 2014 by Mia

managerial maths
A company is selling product x, which has demand fucntion of p=52-2x and the total cost function of TC=3x^2+2x+10. the marginal revenue and marginal cost functions are; a) MR=52-2X and MC=6x+2 b) MR=52-4x and MC=6x+2 c) MR=52-2X and MC=6x d) MR=52-4x and MC=6x+2
September 4, 2011 by thila29

Managerial Economics
Suppose that a firm is currently employing 10 workers, the only variable input, at a wage rate of $100. The average physical product of labor is 25, the last worker added 10 units to total output, and total fixed cost is $5,000. a. What is marginal cost? b. What is average ...
November 3, 2010 by Dede

Managerial ECON
Suppose that a firm is currently employing 10 workers, the only variable input, at a wage rate of $100. The average physical product of labor is 25, the last worker added 10 units to total output, and total fixed cost is $5,000 a. What is marginal cost? b. What is average ...
November 6, 2011 by lost

Managerial Accounting
Which of the following is not a benefit of implementing ABC:? 1. more accurate cost assignments 2. better cost control 3. cheaper to implement 4. more efficient operations 5. all of the above
June 1, 2010 by Jenny

Managerial Economics
Which of the following cost functions exhibits cost complementarity? A. -4Q1Q2 + 8Q1 B. -4Q2 + 8Q1 C. 6Q1Q2 - Q1 D. 4Q2Q1 + 8Q1
February 5, 2009 by Eliza

managerial economics
Andrew construction borrows the entire cost of a new dump truck. The loan has an annual interest rate of 12 percent and calls for monthly payments of $1,000 over a five-year period. What is the cost of the truck?
January 23, 2014 by marvi

Managerial Finance
The cost of capital for Goff Computers,Inc
November 20, 2012 by Meredith

cost/managerial
andromeda company's break even point is 2,400 units. variable cost per unit is $42; total fixed costs are 67,200 per year. what price does andromeda charge?
January 26, 2013 by delia

managerial eccon
Suppose that a firm is currently employing 30 workers, the only variable input, at a wage rate of $60. The average product of labor is 30, the last worker added 12 units to total output, and total fixed cost is: $3,600. what is the averge variable cost?
October 3, 2010 by stacey

Managerial Econ
The following schedule shows demand and total cost. Price Quanity Total cost $30 10 $200 29 11 208 28 12 217 27 13 227 26 14 238 25 15 250 24 16 263 To maximize profit firm should produce _____units of output and charge a price of $______
May 18, 2010 by Genie

Managerial Accounting 2025
The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $10 per machine-hour. Compute the unit product cost that would appear on the job cost sheet for this job.
March 5, 2012 by Debbie McDonald

Managerial Economics
4. Explain how each of the following events will affect the average and marginal cost curves of a firm : a) a decrease in labour rate; b) an increase in rent for a facility; c) stricter environmental regulation requiring installation of scrubbers on smokestacks; d) a decrease ...
November 9, 2010 by Hydie

Managerial Accounting
a ski company plan to add five new chai500 a day for the lift. the lifts cost 2 million and to install the lift cost another 1.3 mil.The lift will allow 300 additional skiers on the slopes but only 40 days a year will be needed. The company will sell 300 lift tickets on those ...
August 23, 2009 by Anita

Managerial Economics
When developing short-run cost curves, it is assumed that all firms in perfect competition have the same cost curves and they all make identical short-run profits or losses. Contrast this to the real world and why individual firms might experience different cost curves and ...
November 14, 2011 by Cindy

Managerial financial accounting
what effect would the reclassification of salary and the office rent have on the company's product cost
December 14, 2009 by darlene dunnah

managerial accounting
Which of the following costs is an example of a cost that remains the same in total as the number of units produced changes?
October 12, 2013 by leweis

Managerial Economics
(Long-Run Average Cost Curve) Explain the shape of the long-run average cost curve. What does “minimum efficient scale” mean?
November 11, 2011 by Cindy

Managerial Economics
I have an exam in two days. I need an explanation to this question please. MC = 10+5Q derive an equation for total cost
December 8, 2009 by Special

managerial economics
Suppose a manufacturer estimates its marginal cost at $1.00 per pack, it's own price elasticity at -2, and sets its price at $2.The company's settlement obligations are expected to raise its average total cost per pack by pack by about $.60. What effect will this have on its ...
December 21, 2009 by Marie

Business
Describe the three principal managerial roles identified by Henry Mintzberg and give examples of each? How important is competence in the core managerial skills for the different types of managers?
September 10, 2010 by RT

management
Describe the three principal managerial roles identified by Henry Mintzberg and give examples of each? How important is competence in the core managerial skills for the different types of managers?
September 10, 2010 by RT

Managerial Econ
You are the manager of a monopoly, and your demand and cost functions are given by P = 300 – 2.5Q and C(Q)=1000 + 2.5Q2. a.At what price and quantity are firm’s profits maximized?
October 23, 2012 by Turner

Managerial Econ
You are the manager of a firm which produces according to the cost function C(Q) = 75+5Q2. Determine the profit maximizing output and price and the level of profits
October 23, 2012 by Turner

managerial economics
Can someone explain cost structure and market structure to me please.
March 13, 2008 by jean

managerial economics
Can someone explain cost structure and market structure to me please.
March 14, 2008 by jean

Managerial Economics
Why the cost structure associated with many kinds of information goods and services might imply a market supplied by a small number of large firms.
February 15, 2014 by Rachael

managerial economics
I am in need of an example of a benefit cost analysis for renting a home versus buying a home.
August 10, 2011 by kim

Managerial Economics
Managerial Economics uses_____to help solve problems. a. mathematical programming b. Statistics c. decision sciences d. microeconomics e. all of the above
September 20, 2007 by John

managerial economics
Can someone break down the basic components of managerial economics to me. I have having a really tough time with this class. H-E-L-P.
February 12, 2008 by jean

Managerial accounting
I have homework in managerial accounting, textbook by Atkinson 6edition. Problems, 10-59, 10-68, 11-68 and case 11-73. Pages; 446, 450, and 504. Thank you.
March 10, 2012 by John Williams

managerial economoics
close relationship between mnagement and economics has led to the development of managerial economics
October 19, 2010 by kala

accounting
You have been asked to prepare a presentation for the next board of directors meeting regarding managerial accounting. What is the purpose of managerial accounting? How do managerial accountants support strategic decisions? How do managers implement strategy? You have been ...
May 29, 2011 by cesse

epoka university
1) The cost that is related to the particularly cost object and can be traced to it in an economically feasible (cost-effective) way is called: o Indirect cost o Cost tracing o Direct cost o Variable cost
November 21, 2012 by evisa gjoni

Managerial Economics
When a firm increased its output by one unit, its Average Cost decreased. This implies that A)the law of diminishing returns has not yet taken effect B)MC<AFC C)MC<AC D)MC=AC
November 12, 2007 by A

Managerial ECON
Suppose that a firm is currently employing 20 workers, the only variable input, at a wage rate of $60. The average product of labor is 30, the last worker added 12 units to total output, and total fixed cost is $3,600. a. What is marginal cost? b. What is average variable cost...
April 5, 2008 by Thomas

managerial economics
Qd=15.0-0.2P where Qd is annual quantity demanded in millions of units and P is the wholesale price. Incurred cost of $60 million. Production cost is $5/unit. (1) what is wholesale price, (2) production annually, (3) annual profit? Given this is a monopoly with an expiring ...
February 29, 2012 by Drew

Managerial Accounting
Help me on the author Garrison in managerial accounting chapter 9 case 23 on the budgets
April 6, 2008 by Anonymous

managerial economics
Total cost function of a firm is TC= 200+4Q+2Q squared If the firm is perfectly competitive and the price of its product is $24, what is its optimal output rate?
November 13, 2012 by louise

managerial economics
firms demand function,p=24-0.54q and the average cost function,AC=Q2-8Q+36+3/Q,calculate the level of output Q, which maximize total revenue,maximizes profits
October 19, 2010 by kala

managerial economics
EXPLAIN 5 FUNCTIONS OF MANAGERIAL ECONOMICS WITH SUITABLE EXAMPLE.
February 10, 2008 by RAJAN

Managerial economics
Suppose Nick produces to goods @ cost C(q1,q2)=1000=.5q1^2+.5q2^2->5q1q2 If nick produces only one of he two goods his cost is given this cost function with the other good set = to 0. The inverse demand functions for the two goods are given by p1=a-.25q1 and p2=A-.05q2 a=17...
September 22, 2007 by Patrick

Managerial Economics
In a perfect competitive market, industry demand is P = 850 – 2Q, and industry supply is P = 250 + 4Q (supply is the sum of the marginal cost curves of the firms in the industry). Assume that all the firms collude to form a single monopoly firm. There is no change in the ...
November 24, 2009 by Dinish

Managerial Economics
Suppose that Neptune Music has the copyright to the latest CD of the heavy Iron Band. The market demand curve for the CD is Q=800-100p, where Q represents quantity demanded in thousands and p represents the price in dollars. Production requires a fixed cost of $100,000 and a ...
May 21, 2013 by Jay

Managerial Accounting
Which of the following is a characteristic of ABC? 1. improved financial reporting 2. aid to managers in determining product cost 3. used in place of job or process costing 4. use restricted to manufacturing entities
June 1, 2010 by Jenny

Managerial Economics
Assume the only choice variable is total benefit function is B(x) = 170x-x˛, and cost function is C(x) = 100-10x + 2x˛. a. What are the marginal benefit and marginal cost functions? b. Set up the net benefit function and then determine the level x that maximises net benefit. c...
May 25, 2011 by Megan

accounting
# 1 Takers,Inc.provide the following results: 2004 2003 Units 2,400 3,000 Total Cost 19,200 24,000 What form of cost behavior is the cost above? Fixed cost, Sunk Cost, Mixed Cost or Variable Cost
July 10, 2007 by lia82

Managerial economics
Posted by Patrick on Saturday, September 22, 2007 at 5:25pm. Suppose Nick produces to goods @ cost C(q1,q2)=1000=.5q1^2+.5q2^2-5q1q2 If nick produces only one of he two goods his cost is given this cost function with the other good set = to 0. The inverse demand functions for...
September 22, 2007 by Patrick

Managerial accounting
What is the method of inventory costing that assumes the unit product costs should be determined separately for each period i the order in which the costs were incurred? I think it is "process cost system". Is that right?
February 27, 2011 by Crystal

MANAGERIAL ECONOMICS
EXPLAIN THE ROLE AND RESPONSIBILITY OF MANAGERIAL ECONOMICS.
February 10, 2008 by RAJAN

managerial economics
Given a firm’s demand function, P = 24 - 0.5Q and the average cost function, AC = Q2 – 8Q + 36 + 3/Q, calculate the level of output Q which a) maximizes total revenue b) maximizes profits
September 27, 2010 by snehavalli

Managerial ECON
The chief economist for Argus Corporation, a large appliance manufacturer, estimated the firm’s short- run cost function for vacuum cleaners using an average variable cost function of the form AVC = a + bQ + cQ2 where AVC dollars per vacuum cleaner and Q number of vacuum ...
November 6, 2011 by lost

managerial economics
A publisher of a new novel has spent $250,000 setting the type. The publisher must spend $1 million advertising the new book. It is now ready to print the book. For practical purposes, as many books as they like can be printed. In deciding how many copies to run, a. does the ...
September 21, 2011 by Nemin

algebra
s=0 cost =$25 s=1 cost=$41 s=2 cost =$57 s=3 cost=$73 Let s stand for sets of prints ordered. write the RULE that describes a student's total cost.
July 1, 2012 by Shelby

managerial accounting
The break-even point in dollar sales for Rice Company is $480,000 and the company’s contribution margin ratio is 40 percent. If Rice Company desires a profit of $84,000, how much would sales have to total? Answer: Fixed cost $288,000 Variables cost $192,000 (0.4)= $76,800 each...
April 16, 2014 by maria

Managerial Economics
I need assistance with the following question: A researcher estimated that the price elasticity of demand for automobiles in the United States is -1.2, while the income elasticity of demand is 3.0. Next year, U.S. auto makers intend to increase the average price of automobiles...
November 8, 2006 by Talia

managerial accounting
Department A had 10,000 units in work in process that were 30% converted at the beginning of the period at a cost of $10,000. During the period, 15,000 units of direct materials were added at a cost of $60,000, 16,000 units were completed, and 9,000 units were 40% completed. ...
February 27, 2011 by Crystal

managerial economics
Explain why it would cost Rafael Nadal or Venus Williams more to leave the professional tennis tour and open a tennis shop than it would for the coach of a university tennis team to do.
June 21, 2013 by air

ACCOUNTING HELP
Hello, I'm having trouble understanding Direct Cost, Overhead Cost and Indirect Cost. ***Also Period cost and Product cost. please can anyone explain it and give examples for each! thanks
May 25, 2014 by gia

ACCOUNTING HELP
Hello, I'm having trouble understanding Direct Cost, Overhead Cost and Indirect Cost. ***Also Period cost and Product cost. please can anyone explain it and give examples for each! thanks
May 25, 2014 by gia

Managerial accounting
[Figure 5-1]. - The receiving department of Owen has three activities: unloading, counting goods, and inspecting. Unloading requires a forklift that is leased for $15,000 per year. The forklift is used only for unloading. The fuel for the forklift is $2,000 per year. ...
January 7, 2013 by Anonymous

business and finance
The cost of producing a number of items x is given by C=mx+b, inwhich b is the fixed cost and m is the variable cost (the cost of producing one more item). (a) If the fixed cost is $40 and the variable cost is $10, write the cost equation. Could someone help me please with ...
March 29, 2007 by cheryl

Managerial Economics/Math
I need help on some homework questions for an MBA-level Managerial Economics class. Here is the first question. 1. JALT, Inc. is a new firm offering investment consultant services to the rich. Harvey Milkemnow, having had experience in this area, is the potential new research ...
September 19, 2007 by Klynn

managerial economics
Final Project A Final Project Is Due The Last Class Session. In Your Final Project, Describe And Answer In Economic Terms A Managerial Decision You Have Knowledge About (For Example One That Has To Be Made At Your Place Of Employment). Some Examples Essays and Term Papers
February 7, 2011 by Anonymous

managerial accounting
Im trying to get the selling price the question is marina has estimated the fixed cost per month are 240,000 and variable cosdt per dollar of sales is $0.60. what is the break even point per month use
February 1, 2007 by Tarver

accounting
Richard Hamilton has a fast - food franchise and must pay a franchise fee of $35000 plus 3% of gross sales. In terms of cost behavior, the total cost is a: a) variable cost b) fixed cost c) step - fixed cost d) mixed cost
February 23, 2014 by Morgan

Programming Using Raptor
How do i program this into Raptor Language? print "What is the cost of the item?" input cost if ((cost >= 0) && (cost < 20)){print "The shipping is $2.95."} if ((cost >= 20) && (cost < 50)){print "The shipping is $3.95."} if ((cost >= 50) && (cost < 80)){...
December 5, 2012 by Latrell

Managerial Accounting Help
Cotta Cots uses a standard cost system in which manufacturing overhead is applied to units of product on the basis of direct labor-hours (DLHs). During August, the company actually used 6,100 direct labor-hours and produced 2,500 units of product. The standard cost card for ...
December 19, 2006 by Julie

Managerial Economics
The demand for health club services is Q = 350 − 2P and the marginal cost of providing these services is MC = 110 + 2Q. If a two-part tariff pricing system is used, what is the optimal price and quantity combination? a.P = 52 and Q = 240 b.P = 199 and Q = 52 c.P = 26 ...
March 20, 2012 by Ronald

Managerial Economics
A monopolist faces the price equation P = 1,000 – 0.5Q, and cost is given as TC = 400 + 100Q +2.5Q^2.Determine the profit at the revenue maximizing level and the profit maximizing level. Compare the answers above and comment on the appropriate goal of the firm.
November 24, 2009 by Dinish

Managerial Accounting
Greetings, I just started my accounting class and I do not have any accounting experience of knowledge (my first acct class). Could you please help me out. I just need the traditional and ABC direct, indirect, and unallocated cost answer for the two accounting systems. You ...
January 28, 2012 by Angela

math,algebra,help
Problem states: Business and finance. The cost of producing a number of items x is given by C = mx + b, in which b is the fixed cost and m is the variable cost (the cost of producing one more item). (a)If the fixed cost is $40 and the variable cost is $10, write the cost ...
January 16, 2007 by jasmine20

math,correction
Assume that each situation can be expressed as linear cost function. Find the cost function in each case. Marginal cost $90;150items cost $16,000 to produce. this is what i end up. c(x)=90x-11900 That is correct if the cost function is linear, which is probably what your ...
May 25, 2007 by mathstudent05

Managerial Accounting
The following information was drawn from the year-end blance sheet of Desoto Company: Account Title` 2012 2011 Investment securities $35,500 $30,000 Equipment 235,000 220,000 Buildings 845,000 962,000 Land 80,000 69,000 Additional Information regarding transactions occurring ...
June 20, 2012 by Jean

managerial economics
Question #6 The owner of Taco Joe’s has estimated that if he lowers the price of a burrito from $2.00 to $1.50, he will increase sales from 400 to 500 burritos per day. The demand for burritos is A) elastic. B) inelastic. C) unitary elastic. D) perfectly elastic. Question #7 ...
July 25, 2008 by rich

Managerial Economics/Math
I need help on some homework questions for an MBA-level Managerial Economics class. Here is the first question. 1. JALT, Inc. is a new firm offering investment consultant services to the rich. Harvey Milkemnow, having had experience in this area, is the potential new research ...
September 19, 2007 by Klynn

math
I did the first part how would i graph it. Problem: Business and finance. The cost of producing a number of items x is given by C = mx + b , in which b is the fixed cost and m is the variable cost (the cost of producing one more item). (a)If the fixed cost is $40 and the ...
December 22, 2006 by jasmine20

managerial economics
What are the relevant and irrelevant costs? Two partners who own Progressive Business Solutions, which currently operates out of an office in a small town near Boston, just discovered a vacancy in an office building in downtown Boston. One of the partners favors moving ...
June 21, 2013 by air

MANAGERIAL ECONOMICS
SIGNIFICANCE OF MANAGERIAL ECONOMICS?
February 10, 2008 by RAJAN

math
Amy bought some stationary from a bookstore. The total cost of 3 files A,B,C was $5.60 more than the total cost of 4staples. A cost $1.90 less than each of the other 2files. B cost $4.20 more than each staple. Find the cost of C
September 23, 2011 by Gav

Economics
1. The law of diminishing returns implies that at some output level: a) Marginal cost must fall b) Average total cost must diminish c) profit increases d) Marginal cost must rise e) Total cost must fall 2. The vertical distance between total cost curve and total variable cost ...
September 30, 2013 by Nathan

micro economics
Consider a firm that has a fixed cost of $60 a minute. output=1, Variable Cost= $10 what is the fixed cost?, Total Cost? Marginal cost?, AFC?, AVC? and ATC? Output is 2? Can't quite figue it out... thanks
November 4, 2007 by tina

Managerial Accounting
Instead of sales of 10,000 pair of skis, revised estimates show sales volume at 12,500 pair. At this new volume, additional equipment, at an annual rental of $10,000 must be acquired to manufacture the bindings. This incremental cost would be the only additional fixed cost ...
February 24, 2010 by Anonymous

Math
A caterer charges a fixed cost for preparing a dinner plus an additional cost for each person served. You know that the cost for 100 students will be $750 and the cost for 150 students will be $1050. Find the caterer's fixed cost and the cost per student served.
April 20, 2009 by Jessica

Math
Assume it costs Microsoft $4,300 to manufacture 7 Xbox 360s and $8,290 to manufacture 14. Obtain the corresponding linear cost function. C(x)= (what formula do I use to get the cost function, because I can't get it) What was the cost to manufacture each additional Xbox? (Do I ...
February 19, 2012 by Amie

Algebra
Assume it costs Microsoft $4,300 to manufacture 7 Xbox 360s and $8,290 to manufacture 14. Obtain the corresponding linear cost function. C(x)= (what formula do I use to get the cost function, because I can't get it) What was the cost to manufacture each additional Xbox? (Do I ...
February 19, 2012 by Max

Managerial Accounting
During June, the receipts and issuances of Material No. A2FO are as follows: Received June 3 1,100 units @ $15 16 1,700 units@ $17 29 900 units@ $18 Issued June 11 700 units 4 Job No. 116 18 1,900 units 4 Job No.117 30 800 units 4 Job No. 118 A) Determine the cost of each of ...
February 16, 2012 by Ryan

Cost Accounting
What are the differences between a direct cost and an indirect cost? Which is the more difficult cost to track? Why? How do indirect costs affect the cost of a product? Should indirect costs be included in product cost? Why or why not?
May 25, 2010 by Angie

Microeconomics
When average total cost is declining then: a) marginal cost must be less than average cost b) marginal cost must be greater than average cost c) average toal cost must be greater than average fixed cost d) average variable cost must be declining. My answer is d but my friend ...
January 26, 2012 by Nicci

advanced math
The marginal cost of a product can be thought of as the cost of producing one additional unit of output. For example, if the marginal cost of producing the 50th product is $6.20, it cost $6.20 to increase productionn from 49 to 50 units of output. Suppose the marginal cost C(...
December 3, 2012 by kristina

Managerial Accounting
Tiger Golf Accessories sells golf shoes, gloves and laser-guided range finder that measures distance Below are unit cost and sales data. Shoes Gloves Range find Unit sales $100 $30 $250 Unit VC 60 10 200 Unit CM $40 $20 $50 Sales Mix 40% 50% 10% Fixed cost are $620,000 a.) ...
June 13, 2010 by Karen

Managerial Economics
As vice president of sales for a rapidly growing company, you are grappling with the question of expanding the size of your direct sales force (from its current level of 60 national salespeople. You are considering hiring from 5 to 10 additional personnel QUESTION: How would ...
May 15, 2010 by Ariana

Pages: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | Next>>

Search
Members