OPPORTUNITY COST WORKSHEET 2 Below, you are provided Gerardo's Production Possibilities Frontier between biology homework and economics homework...
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IMG-20210329-WA0108.jpg1.In a certain department of a factory there are two shops. Total departmental overheads for a year are `1,20,000 and the estimated number of direct labour hour is 24,000 (10 men employed for 48 hours per week during 50 weeks in the year). From the particulars given below calculate the prime cost and works cost of a work order No. 54 which passes through both shops: 


(1) Material consumed `1,000.


(2) Direct labor hours shop A -8hrs at '6.00 per hour


          Shop B-5hrs 7.50 per hour


3) Works overheads are to be levied by means of a direct hour rate


2.How can consumer satisfaction be measured using perspectives of financial and non-financial measures. 


3.What is just in time technique for managerial accounting.


4.How do you measure impact of managerial control on employees behavior


5.What are some alternative methods of measuring value of intangible assets


6.What impacts do managerial accounting for operation managers have in decision making and planning.


7.Discuss the need of database logical structures and their significance in effective management of database.


8.Why are retained earnings not distributed to shareholders in a public company. 


9.State and explain when a company should report a balanced sheet


10.Why is volume a totally independent variable from price in the marketIMG-20210329-WA0106.jpgIMG-20210329-WA0114.jpg

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A simple random sample of 49 Economics majors reported the number of hours that they spend per week studying economics (including lectures, sections, office hours and working on homework). The sample mean was 23 hours/week and the sample standard deviation was 7 hours/week. Assuming that the number of hours/week that economics majors spend studying economics has an approximately normal distribution. .. a. (2 pts) Estimate the proportion of economics majors that spend less than 30 hours per week studying economics. Explain your reasoning, briefly. b. (4 pts) Construct a 95%-confidence interval for the mean number of economics- studying hours/week for all economics majors.

OPPORTUNITY COST WORKSHEET 2 Below, you are provided Gerardo's Production Possibilities Frontier between biology homework and economics homework before and after he attends economics tutoring sessions. You will use this information to identify how a technological innovation that affects production of only one good alters the opportunity cost associated with producing both goods. PPF1 depicts Gerardo's PPF between biology homework and economics homework before he attends economics tutoring sessions. PPF2 depicts Gerardo's PPF between biology homework and economics homework after he attends economics tutoring sessions. 14 Economic Homework (in pages] 10 12 14 Minlazy Homework [in pages) Part 1: Before Gerardo attends economics tutoring sessions, what is his opportunity cost of producing an additional page of economics homework? Part 2: Before Gerardo attends economics tutoring sessions, what is his opportunity cost of producing an additional page of biology homework? * Part 3: After Gerardo attends economics tutoring sessions, what is his opportunity cost of producing an additional page of economics homework?

Match the assumptions to the theory Hold and drag to reorder Keynesian Sticky wages Economics Say's Law =Classical Economics F. A. Hayek Classical Economics Laissez Faire Policy E Classical Economics Recessionary Gap and Keynesian Long Run Equilibrium Economics

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