Tutorial Exercise-wk 4
1. Develop a WBS for a local stage play. Be sure to identify the deliverables and
organizational units (people) responsible. How would you code your system? Give
an example of the work packages in one of your cost accounts. Develop
The Gibson Company is a United States (US) firm that is considering a joint venture with Brasilia, DF, a
Brazilian firm that grows and processes coffee beans. Gibson has a patent for a new coffee processing
method. This intellectual property is motivating
Problem 7-19 Abilene Meat Processing
Per 16oz T-Bone
Revenue from further processing:
Selling price of 1 filet mignon
(6oz * $3.60 per lb. / 16oz per lb.)
Selling price of 1 New York cut
(8oz * $2.90 per lb. / 16oz per lb.)
ELIAS REAL ESTATE APPRAISAL
Year Ended June 30, 2014
Chapter 6: Cost Behavior
o Definition: how costs change as volume changes
o There are three common cost behaviors:
- Variable costs
- Fixed costs
- Mixed costs
A. Variable Costs: costs that are incurred for every unit of volume
True / False Questions
1. The primary objective of financial reporting is to provide useful information to
external decision makers.
2. In order for information to be relevant, the information needs to be complete, neutral,
and free from error.
The grocery industry has an annual inventory turnover of about 14 times. Organic Grocers, Inc. had a
cost of goods sold last year of 10.5 million; its average inventory was 1.0 million. What was Organic
Grocers inventory turnover, and how does that perfor
Multiple Choice Questions
1. Net working capital is defined as:
A. the depreciated book value of a firm's fixed assets.
B. the value of a firm's current assets.
C. available cash minus current liabilities.
D. total assets minus total liabilities.
Rogers Company purchased a tooling machine on January 3, 2008 for $700,000. The machine was being
depreciated on the straight-line method over an estimated useful life of 10 years, with no salvage value.
At the beginning of 2015, the company paid $175,000
1 if project i is invested
(a) Let X
0 if not
for i = 1, 2,3,4,5
Max z = 1.0X1 + 1.8X2 + 1.6X3 + 0.8X4 + 1.4X5
6X1 + 12X2 + 10X3 + 4X4 + 8X5 20
With Xi = either 1 or 0
(b) The optimal binary integer solution is (X1, X2, X3, X4, X5) =
A retail company must file a monthly sales tax report listing the sales for the
month and the amount of sales tax collected. Write a program that asks for the
month, the year, and the total amount collected at the cash register (that is, sales