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Manal Elkhoshkhany, Tutor
Category: Homework
Satisfied Customers: 9735
Experience:  More than 5000 online tutoring sessions.
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# 1. McDevitt Company employs 6 individuals. They are all paid

### Customer Question

<p><table border="0" width="100%"><tbody><tr><td><strong>1.</strong> (TCO 3) McDevitt Company employs 6 individuals. They are all paid \$30,000 salary per year. How would total costs of personnel be classified? (Points: 3)<br />       variable <br />       a fixed cost within a relevant range <br />       mixed <br />       a variable cost within a relevant range <br /><br /><br /><strong>2.</strong> (TCO 3) The cost function y = 1,000 + 5X: (Points: 3)<br />       represents a fixed cost <br />       is a straight line <br />       has an intercept of 5 <br />       has a slope coefficient of 1,000 <br /><br /><br /><strong>3.</strong> (TCO 3) Which cost estimation method may use time-and-motion studies to analyze the relationship between inputs and outputs in physical terms? (Points: 3)<br />       the quantitative analysis method <br />       the account analysis method <br />       the conference method <br />       the industrial engineering method <br /><br /><br /><strong>4.</strong> (TCO 3) Penny's TV and Appliance Store is a small company that has hired you to perform some management advisory services. The following information pertains to 20X8 operations. Sales (2,000 televisions) \$ 900,000 Cost of goods sold 400,000 Store manager's salary per year 70,000 Operating costs per year 157,000 Advertising and promotion per year 15,000 Commissions (4% of sales) 36,000What was the variable cost per unit sold for 20X8? (Points: 3)<br />       \$200 <br />       \$339 <br />       \$218 <br />       \$18 <br /><br /><br /><strong>5.</strong> (TCO 4) The formal process of choosing between alternatives is known as a(n): (Points: 3)<br />       prediction model <br />       alternative model <br />       decision model <br />       relevant model <br /><br /><br /><strong>6.</strong> (TCO 4) When using the five-step decision process, which one of the following steps should be done last? (Points: 3)<br />       Implementing the decision <br />       Evaluation and feedback <br />       Choose an alternative <br />       Obtain information <br /><br /><br /><strong>7.</strong> (TCO 4) ) Sunk costs: (Points: 3)<br />       are relevant to all decisions <br />       have future implications <br />       are future costs <br />       are past costs <br /><br /><br /><strong>8.</strong> (TCO 4) Northwoods manufactures rustic furniture. The cost accounting system estimates manufacturing costs to be \$90 per table, consisting of 80% variable costs and 20% fixed costs. The company has surplus capacity available. It is Northwoods' policy to add a 50% markup to full costs. A large hotel chain is currently expanding and has decided to decorate all new hotels using the rustic style. Northwoods Incorporated is invited to submit a bid to the hotel chain. What is the lowest price per unit Northwoods should bid on this long-term order? (Points: 3)<br />       \$63 <br />       \$135 <br />       \$90 <br />       \$72 <br /><br /><br /><strong>9.</strong> (TCO 5) Throughput contribution equals revenues minus: (Points: 3)<br />       operating costs <br />       direct material costs of goods sold <br />       direct material costs and minus operating costs <br />       direct material and direct labor costs <br /><br /><br /><strong>10.</strong> (TCO 5) Keeping the bottleneck operation busy and subordinating all non-bottleneck operations to the bottleneck operation involves: (Points: 3)<br />       keeping the bottleneck resource busy at least 90% of the time <br />       maximizing the contribution margin of the non-bottleneck operation <br />       having the workers at the non-bottleneck operation or machine improving their productivity <br />       None of these answers is correct <br /><br /></td></tr></tbody></table></p>
Submitted: 5 years ago.
Category: Homework
Expert:  Manal Elkhoshkhany replied 5 years ago.

Hello and thank you for requesting me, but for future posts, please type "For BusinessTutor" at the beginning of the post

Is this a timed assignment?

Regards,

Customer: replied 5 years ago.
I apologize for that, yes its timed I have 1 hour and 15 minutes remaining?
Expert:  Manal Elkhoshkhany replied 5 years ago.

Oh, ok

I am working on the questions, but for future posts, please make sure you take the length of the questions into consideration when making your offer to avoid delays in providing solutions

Thank you

Customer: replied 5 years ago.
ok thanks, XXXXX XXXXX be 10 multiple choice questions. What times are you online mostly?
Expert:  Manal Elkhoshkhany replied 5 years ago.

You need to spend \$3 to view this post. Add Funds to your account and buy credits.
Manal Elkhoshkhany, Tutor
Category: Homework
Satisfied Customers: 9735
Experience: More than 5000 online tutoring sessions.
Customer: replied 5 years ago.

Thanks for your help, is it a possibility that you can help me with a test sometime doing the week also?

Expert:  Manal Elkhoshkhany replied 5 years ago.

As I have advised you above,

If you need to meet me online for a timed assignment, please advise me of the date and time (EST) you want me to meet you here and I will. Please make sure you take the length of the questions into consideration when making your offer to avoid delays in providing solutions.

If you are satisfied with the work, please click the green accept button so that I get paid for my work

Customer: replied 5 years ago.

Ok, so if I request you I guess you will get a nofication email if you are not online??

Expert:  Manal Elkhoshkhany replied 5 years ago.

yes, but if I am not online then I cannot offer immediate help, so if you want to request me, please type "For BusinessTutor" at the beginning of your post. Should you choose to do this, please try to allow me 48 hours before the deadline.

Customer: replied 5 years ago.

ok, thanks

Expert:  Manal Elkhoshkhany replied 5 years ago.

You are most welcomeCustomer Looking forward to working with you again soon

Wishing you all the best

Customer: replied 5 years ago.
"For BusinessTutor" I wanted to know when you will be avaialble, I have a test that I need to complete by 12:00 am mst Sunday. I hope to hear from you soon.
Expert:  Manal Elkhoshkhany replied 5 years ago.

Hello jamerson

Sure, please send me a message with the time you will be online, do you want to meet today or Sunday? At what time (EST) please

P.S. Please make sure you take the length of the questions into consideration when making your offer to avoid delays in providing solutions.

Thank you

Customer: replied 5 years ago.

"For BusinessTutor" Are you online tonight? The test is 10 multiple choice questions and 4 Essay questions. You can do it tonite if you want or we can do it tomorrow at 3pm EST.

Expert:  Manal Elkhoshkhany replied 5 years ago.

Hi

I am online now, if you get online while I am here we can do it tonight, if you do not find me online, I will be here at 3:00 P.M. EST tomorrow

Customer: replied 5 years ago.

"For BusinessTutor" Ok, well tomorrow will be good for me.

Expert:  Manal Elkhoshkhany replied 5 years ago.
Jamerson, i am sorry i will be 30 mins late
Customer: replied 5 years ago.
ok, just let me know when you are online.
Expert:  Manal Elkhoshkhany replied 5 years ago.
I am here. I am very sorry for the delay

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