Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Rnee Behr, MD is a psychiatrist who is in heavy demand. Even though she has raised her fees considerably during the past 5 years, Dr. Behr cannot accommodate all the patients who wish to see her. Behr has conductd 6 hours of appointments per day, 6 days per week, for 48 weeks per year. Her fee averages $150 per hour.
Her variable costs are negligible and may be ignored for decision purposes. Ignore income taxes.
1) Behr is weary of working 6-day weeks. She is considering taking every other Saturday off. What would be her annual income a) if she worked every Saturday and b) if she worked every other Saturday?
2) What would be her opportunity cost for the year of not working every other Saturday?
3) Assume that Dr. Behr has definitely decided to take every other Saturday off. She loves to repair her sports car by doing the work herself. If she works on her car during half a Saturday when she otherwise would nott see patients, what is her opportunity cost?
Compute the number of gizmos needed to break even under present price and cost conditions. Compute how many units would have to be sold to meet the profit target for each of suggested options
Suppose a fixed cost of $900, a variable cost of $4.50, and selling price of $5.50. Find out the break even point? How many units should be sold to make a profit of $500.? How many units should be sold to average $.0.25 profit per unit? .50 per un..
Assume that for the second quarter in row, profits are down at Waterfall division. Division Management budgeted $250,000 in profits for the second quarter but actual results were only $197,000 in profits.
The Jung Corporation's budget calls for following production:Quarter 1 45,000 units Quarter 2 38,000 units Quarter 3 34,000 units Quarter 4 48,000 units. Each unit of production needs three pounds of direct material.
Pick a product you are familiar with or interested in. What product liability issues arise for that product? What measures can management take to prevent these product liability problems from arising? How can they minimize legal risk involving the..
What drives consumption of costs? What are drivers and how do they help in the allocation process?
Which costing system would be more efficient when direct labor costs and direct materials are low, and overhead is high and why? Explain how the supply chain and the macroeconomic environment of the health care business fit in with your calculations?
Contrast the 3 major classes of tax bases, also addressing economic bases. Examine various methods of government financing in their budget, and give a synthesis of the strengths and weaknesses of these methods, as well as their long term effects.
Compare and contrast a static budget and the flexible budget in terms of both characteristics, timing and uses.
Prepare a master budget for the three-month period.
Explain verbally and graphically how the socially efficient amount of this good can be provided for them. Explain each term used in your answer.
Hampstead company's order entry department has 20 order entry operators. The cost associated with these 20 operators (salaries, fringe benefits, and supervision, as well as occupancy and equipment costs) is $873,600 per year.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd