All the following examples are high tech except ______.A.a microwave ovenB.a home computer
All the following examples are high tech except ______.
A.a microwave oven
B.a home computer
C.a hand pump
D.a satellite.
All the following examples are high tech except ______.
A.a microwave oven
B.a home computer
C.a hand pump
D.a satellite.
Brick by Brick (BBB) is a building business that provides a range of building services to the public. Recently they have been asked to quote for garage conversions (GC) and extensions to properties (EX) and have found that they are winning fewer GC contracts than expected.
BBB has a policy to price all jobs at budgeted total cost plus 50%. Overheads are currently absorbed on a labour hour basis. BBB thinks that a switch to activity based costing (ABC) to absorb overheads would reduce the cost associated to GC and hence make them more competitive.
You are provided with the following data:
A typical GC costs $3,500 in materials and takes 300 labour hours to complete. A GC requires only one site visit by a supervisor and needs only one planning document to be raised. The typical EX costs $8,000 in materials and takes 500 hours to complete. An EX requires six site visits and fi ve planning documents. In all cases labour is paid $15 per hour.
Required:
(a) Calculate the cost and quoted price of a GC and of an EX using labour hours to absorb the overheads. (5 marks)
(b) Calculate the cost and the quoted price of a GC and of an EX using ABC to absorb the overheads. (5 marks)
(c) Assuming that the cost of a GC falls by nearly 7% and the price of an EX rises by about 2% as a result of the change to ABC, suggest possible pricing strategies for the two products that BBB sells and suggest two reasons other than high prices for the current poor sales of the GC. (6 marks)
(d) One BBB manager has suggested that only marginal cost should be included in budget cost calculations as this would avoid the need for arbitrary overhead allocations to products. Briefl y discuss this point of view and comment on the implication for the amount of mark-up that would be applied to budget costs when producing quotes for jobs. (4 marks)
According to the passage, to develop oneself is all of the following except ______.
A.having a better memory
B.acquiring an education
C.improving the ability to judge correctly
D.improving your reasoning abilities
According to the passage, cigarette can do harm to all the following EXCEFF ______.
A.lung
B.mouth
C.heart
D.eye
A.that
B.what
C.all what
D.all that
The author mentions all of the following as results of a blackout EXCEPT ______.
A.refrigerated food item may go bad
B.traffic lights do not work
C.people must rely on candlelight
D.elevators and escalators do not function
All of the following whales belong to the suborder of Odontoceti EXCEPT ______.
A.narwhals
B.dolphins
C.blue whales
D.pilot whales
All the following stars are mentioned except______.
A.Greta Garbo
B.Ingrid Bergman
C.Marilyn Monroe
D.Charlie Chaplin
People's decisions to migrate might be influenced by all the following EXCEPT______.
A.personalities
B.education
C.marital status
D.abilities