BUS-2003 Study Guide - Midterm Guide: Gross Margin, Contribution Margin, Fixed Cost

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burgundywhale514

6 Oct 2011

School

University of Winnipeg

Department

BUSINESS AND ADMINISTRATION

Course

BUS-2003

Professor

Debbie Mortimer

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Document Summary

Instructions: please answer the following questions on the examination test sheets. If you need more room, please use the back of the pages. Maxwell company has a total expense per unit of . 00 per unit at the 16,000-unit level of activity, and total expense per unit of . 95 at the 21,000-unit level of activity. a) b) c) What is the best estimate of the total expected costs at the 19,000 level of activity for maxwell. Use the following information to answer parts d-f: Porter company has provided the following data for the second quarter of the most recent year: Assume that direct labour is a variable cost and that there were no beginning or ending inventories. d) e) f) Average maintenance costs are . 50 per machine hour at an activity level of 8,000 machine hours and . 20 per machine hour at an activity level of 13,000 machine hours. Use the following information to answer parts g-i:

Related Questions

a company's mission statement typically addresses which of the following questions?

Identify which human resources management activity is being illustrated in the following examples:

HR management activities:

staffing	compensation & benefits	training & development
compliance	employee relations

1) Identify which human resources management activity is being illustrated in the following examples:

6) _____ training and dev _____ A manager conducts job orientation for several new employees.

7) _____ An HR manager makes sure the company is following equal employment opportunity (EEO) laws.

8) _____ An HR manager negotiates with an insurance carrier to get a good deal for the company.

9) _____ An HR manager listens to and records an employee grievance.

10) _____ A supervisor negotiates a job offer with a candidate.

11) _____ A department manager develops an instruction manual for one of the company's job positions.

12) _____ An HR manager perfors background and reference checks on a potential candidate.

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Case Study - 5

Breaking The Bargaining Pattern

Gilson steel is a local fabricating and supply firm. Situated in open country, far from the large steel making centers. The firm has been in business many years. About the third of employees have worked in the organization for more than ten years. Top management would like to get away from the current practice in which negotiations on wage matters and fringes follow the pattern. The firm’s president feels that industry – wide bargaining tends to divorce employees from the firm. He thinks they feel that their employer is a combination of U.S steel and bethlem steel instead of Gilson. He argues that the local firm which has prospered can do better by employees than is possible in national pattern. He says that the local conditions should be considered. His basic objection to current practice, however, is his conviction that it tends to divorce its employees from local employer. The labor relations manager has been urged to try negotiating terms at variance with the national pattern.

Answer the following questions: ·

What theory and policy do you read into the president’s suggestion? ·
How will his ideas fit into the existing pattern of public union policy? ·
Can you suggest a promising innovative approach?

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BUS-2003 Study Guide - Midterm Guide: Gross Margin, Contribution Margin, Fixed Cost

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