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 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 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, 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:
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 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 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 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 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 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 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