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1. A monopolist firm faces a demand with constant elasticity of -2.0. It has a constant marginal cost of $20 per unit and sets a price to maximize profit. If marginal cost should increase by 25 percent, would the price charged also rise by 25 percent?
Your supervisor recently instituted a plan that encourages her managers to share non-private demographic characteristics voluntarily provided by those who purchase your firm's final product.
If the company wishes to earn an after-tax income of $3,000,000, what is the break even in units? Assume that the corporate income tax rate is 40%.
Do you believe that Qwest had established an effective system of internal control over financial reporting related to the presentation and disclosure of its nonrecurring revenue? Why or why not?
What is the level of production, price, and total profit per week?
Name two cost factors that can explain why an organisation finds it cost-effective to make smaller and more frequent purchase orders.
Some firms have a lot of fixed costs and a few variable costs, while other firms are configured the other way around. What effect do you think the existence of a high proportion of fixed costs has on the desirability of using ABC methods?
Indicate the capitalized cost of each asset acquired during 2015. Prepare the General Journal entries for any amortization and depreciation expense recorded for each of the acquired items in 2015. If no entry is necessary, write "no entry.
Widmer Watercraft's predetermined overhead rate for year 2013 is 200% of direct labor. Information on the company's production activities during May 2013 follows.
What is the margin related to this years investment opportunity, and what is the turn over related to this year's investment opportunity and what is the ROI related to year's investment opportunity
Determine whether overhead was under- or overapplied during the year in the Machining Department.
Describe the similarities and differences between job order cost and process cost systems.
The main objective of Bob Reep is acquiring a lease that would potentially minimize the monthly cost of meeting trucking requirements for a new project without dismissing off the employees i.e. following his no-layoff policy and using personal driver..
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