Questions
Which development do you feel was more critical to British success in standing alone during 1940:...

Which development do you feel was more critical to British success in standing alone during 1940: radar or the work at Bletchley Park? Remember to limit your responses to only the standing alone period and not the entire war. Remember to Cite your work!

In: Operations Management

whats the extent of search quality, experience quality, and credence quality for each of the following...

whats the extent of search quality, experience quality, and credence quality for each of the following situations:

a. Buying a personal computer

b. Applying to graduate school

c. Setting up a retirement program

d. Dining at a local restaurant e. Visiting a theme park

In: Operations Management

Problem 2-13 (algorithmic) Question Help Barcelona Machine Tools. Oriol​ D'ez Miguel​ S.R.L., a manufacturer of heavy...

Problem 2-13 (algorithmic)

Question Help

Barcelona Machine Tools. Oriol​ D'ez Miguel​ S.R.L., a manufacturer of heavy duty machine tools near​ Barcelona, ships an order to a buyer in Jordan. The purchase price is

€422,000. Jordan imposes a 14% import duty on all products purchased from the European Union. The Jordanian importer then​ re-exports the product to a Saudi Arabian​ importer, but only after imposing its own resale fee of 28%.

Given the following spot exchange rates on April​ 11, 2010, what is the total cost to the Saudi Arabian importer in Saudi Arabian​ riyal, and what is the U.S. dollar equivalent of that​ price?  ​(Click on the

  icon to import the table into a​ spreadsheet.)

Currency Crossrate

Spot Rate

Jordanian dinar​ (JD) per euro

​(€​)

0.963

Jordanian dinar​ (JD) per U.S. dollar​ ($)

0.705

Saudi Arabian riyal​ (SRI) per U.S. dollar​ ($)

3.747

The spot​ rate, Saudi Arabian riyal per Jordanian dinar is SRI

__​/JD.

​(Round to five decimal​ places.)

In: Finance

We are learning quite a bit about market structures in this module week's summit session. Hopefully,...

We are learning quite a bit about market structures in this module week's summit session. Hopefully, you have had the opportunity to discuss market structures with your colleagues leading up to this activity. Now, let's dig a little deeper into market structures. In this activity, you will draft a document addressing the following topics:

  1. Identify the differences between all four market structures in the short-run and long-run. This will be helpful as many of you may hold management positions and/or become entrepreneurs in the near future. When deciding what type of firm to own or operate, you may find that one market structure may be more advantageous over another based on short-run and long-run costs.  
  2. Explain the significance that the average total cost (ATC) curve has on profit and loss based on each type of market structure. Explore how the ATC curve affects all four market structures and identify whether firms will earn a profit or loss based on the placement of the ATC curve and price.

Your answers must be supported by a minimum of two sources

In: Economics

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company’s costs:

Fixed Cost
per Month
Cost per
Car Washed
Cleaning supplies $ 0.40
Electricity $ 1,500 $ 0.08
Maintenance $ 0.10
Wages and salaries $ 4,800 $ 0.30
Depreciation $ 8,300
Rent $ 1,900
Administrative expenses $ 1,700 $ 0.01

For example, electricity costs are $1,500 per month plus $0.08 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.70 per car washed.

The actual operating results for August appear below.

Lavage Rapide
Income Statement
For the Month Ended August 31
Actual cars washed 8,500
Revenue $ 58,380
Expenses:
Cleaning supplies 3,860
Electricity 2,142
Maintenance 1,080
Wages and salaries 7,680
Depreciation 8,300
Rent 2,100
Administrative expenses 1,684
Total expense 26,846
Net operating income $ 31,534

Required:

Prepare a flexible budget performance report that shows the company’s revenue and spending variances and activity variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting

Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near...

Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the company’s costs: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.70 Electricity $ 1,300 $ 0.07 Maintenance $ 0.25 Wages and salaries $ 4,000 $ 0.30 Depreciation $ 8,500 Rent $ 1,900 Administrative expenses $ 1,700 $ 0.02 For example, electricity costs are $1,300 per month plus $0.07 per car washed. The company expects to wash 8,500 cars in August and to collect an average of $6.70 per car washed. The actual operating results for August appear below. Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed 8,600 Revenue $ 59,050 Expenses: Cleaning supplies 6,450 Electricity 1,865 Maintenance 2,365 Wages and salaries 6,910 Depreciation 8,500 Rent 2,100 Administrative expenses 1,770 Total expense 29,960 Net operating income $ 29,090 Required: Complete the flexible budget performance report that shows the company’s activity variances and revenue and spending variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting

A steel industry emits, other harmful pollutants , CO. There are 8 identical firms in this...

A steel industry emits, other harmful pollutants , CO. There are 8 identical firms in this industry. Four of them are located near a city( urban area) while four of them are located in the country ( rural area) . They can install filters ( srubbers) in their exhaust to clean up part of their emissions. Their abatements costs related to CO clean up are described by MACi= 400- 8Ei, where i = 1,2,....8 . The emission of CO are locally dispersed. Due to higher population and structure density in the city , the marginal damage a unit of CO is causing in the urban area is higher than that in the rural area. More specifically these damages are described by MDu= 1.2 E and MDr=0.5 E

a. Find the units of emissions these 8 firms will emit if the CO emissions are left unregulated . How many units of emissions are released in each of the two areas

b. Find the aggregate marginal abatement cost function for each of the two area

c. What is the socially efficient level of emissions in each area and how many unit of emissions must be abated( in each area) compared to the unregulated level so that efficiency will be achieved

d. If the government sets the pollution levels at the socially efficient levels of emissions in each of the two areas, calculate the total abatement cost per firm in each of the two area

In: Economics

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company’s costs:

Fixed Cost
per Month
Cost per
Car Washed
Cleaning supplies $ 0.60
Electricity $ 1,500 $ 0.07
Maintenance $ 0.20
Wages and salaries $ 4,400 $ 0.20
Depreciation $ 8,300
Rent $ 2,100
Administrative expenses $ 1,300 $ 0.05

For example, electricity costs are $1,500 per month plus $0.07 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.20 per car washed.

The actual operating results for August appear below.

Lavage Rapide
Income Statement
For the Month Ended August 31
Actual cars washed 8,200
Revenue $ 52,320
Expenses:
Cleaning supplies 5,360
Electricity 2,037
Maintenance 1,860
Wages and salaries 6,380
Depreciation 8,300
Rent 2,300
Administrative expenses 1,605
Total expense 27,842
Net operating income $ 24,478

Required:

Prepare a flexible budget performance report that shows the company’s revenue and spending variances and activity variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company’s costs:

Fixed Cost
per Month
Cost per
Car Washed
Cleaning supplies $ 0.60
Electricity $ 1,100 $ 0.06
Maintenance $ 0.30
Wages and salaries $ 4,300 $ 0.30
Depreciation $ 8,200
Rent $ 1,800
Administrative expenses $ 1,600 $ 0.01

For example, electricity costs are $1,100 per month plus $0.06 per car washed. The company expects to wash 8,500 cars in August and to collect an average of $6.90 per car washed.

The actual operating results for August appear below.

Lavage Rapide
Income Statement
For the Month Ended August 31
Actual cars washed 8,600
Revenue $ 60,750
Expenses:
Cleaning supplies 5,600
Electricity 1,580
Maintenance 2,790
Wages and salaries 7,210
Depreciation 8,200
Rent 2,000
Administrative expenses 1,585
Total expense 28,965
Net operating income $ 31,785

Required:

Prepare a flexible budget performance report that shows the company’s revenue and spending variances and activity variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company’s costs:

Fixed Cost
per Month
Cost per
Car Washed
Cleaning supplies $ 0.60
Electricity $ 1,300 $ 0.09
Maintenance $ 0.30
Wages and salaries $ 4,500 $ 0.30
Depreciation $ 8,400
Rent $ 2,000
Administrative expenses $ 1,300 $ 0.02

For example, electricity costs are $1,300 per month plus $0.09 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.20 per car washed.

The actual operating results for August appear below.

Lavage Rapide
Income Statement
For the Month Ended August 31
Actual cars washed 8,200
Revenue $ 52,320
Expenses:
Cleaning supplies 5,360
Electricity 1,999
Maintenance 2,670
Wages and salaries 7,290
Depreciation 8,400
Rent 2,200
Administrative expenses 1,362
Total expense 29,281
Net operating income $ 23,039

Required:

Prepare a flexible budget performance report that shows the company’s revenue and spending variances and activity variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting