What is the difference between determining charges on an average-cost basis and a weighted-cost basis?
Question:
What is the difference between determining charges on an average-cost basis and a weighted-cost basis?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Muhammad Salman Alvi
Well, I am a student of Electrical Engineeing from Information Technology University of Punjab. Just getting into my final year. I have always been good at doing Mathematics, Physics, hardware and technical subjects. Teaching profession requires a alot of responsibilities and challenges.
My teaching experience started as an home tutor a year ago. When I started teaching mathematics and physic subjects to an O Level student. He was about 14 years old. His name was Ibrahim and I used to teach him for about 2 hours daily. Teaching him required a lot of patience but I had to be polite with him. I used to give him a 5 min break after 1 hour session. He was quite weak in basic maths and calculation. He used to do quite a lot of mistakes in his homework which I gave him weekly. So I decided to teach him basics from scratch. He used to say that he got the concept even if he didn't. So I had to ask him again and again. I worked on his basics for a month and after that I started taking a weekly test sesions. After few months he started to improve gradually. Now after teaching him for about a year I can proudly say that he has improved alot. The most important thing was he managed to communicate all the difficullties he was facing. He was quite capable and patient. I had a sincere desire to help him reach to its full potential. So I managed to do that. We had a very good honest relationship of a student and a teacher. I loved teaching him as a tutor. Now having an experience of one year teaching I can read students quite well. I look forward to work as an online tutor who could help students in solving their all sort of difficulties, problems and queries.
4.90+
29+ Reviews
43+ Question Solved
Related Book For
Financial Management Of Health Care Organizations
ISBN: 9780631230984
2nd Edition
Authors: William N. Zelman, Michael J. McCue, Alan R. Millikan, Noah D. Glick
Question Posted:
Students also viewed these Business questions
-
1 What are the main components of personal financial planning? Solve What is the purpose of a financial plan? Solve Identify some common actions taken to achieve financial goals. How does a job...
-
Cost-based payment. What is the difference between determining charges on an average-cost basis and determining charges on a weighted-cost basis? (Hint: see Appendix J.)
-
Question: What as the average weekly safety inventory level of refined sugar from the beginning January 2022 to the end of July 2022? A. 512,465.9691 metric tons per week B. 316,002.1474 metric tons...
-
If r = (t, t 2 , t 3 ), find r(t) and r(t).
-
Identify when the revenue, if indeed there is any, in the following transactions should be recognized in accordance with IAS 18, Revenue. (a) Land has been sold by A entity to Connect Housing...
-
Because of illness, Achmed's annual stocktaking, which should have taken place on 31 March 2001, was not completed until 7 April 2001, and was undertaken by an inexperienced member of the staff....
-
Draft the source selection criteria that might be used for evaluating proposals to provide laptops for all students, faculty, and staff at your college or university or to all business professionals...
-
Black Hills Corporation is a diversified energy corporation and a public utility holding company. The following gives the firm's earnings per share and dividends per share for the years 2000-2004...
-
When estimating the risk-free rate to use in the CAPM for determining the firm's cost of equity it is best to use the O federal funds rate. O 90-day Treasury bill yield. O long-term Treasury bond...
-
What are the steps in determining weighted-average costs?
-
What charge method relies on the case mix, volume, and financial requirements of the institution?
-
What is the purpose of a security audit?
-
Prepare the entries to record the transaction 2 A company has three employees, each of whom has been employed since January 1 earns $2750 per month and is paid on the last day of each month On March...
-
Pet Emporium had a robbery on the weekend in which a large amount of inventory was taken. The loss is covered completely by insurance. A physical inventory count determined that the cost of the...
-
In a test taken by a class of 50 students, the average was 1500 with a standard deviation of 40. What 2 scores capture the middle 60% of the students?
-
For questions 1-8, let P = (-2, 5) and Q = (4,8). 1. Find the distance from the point P to the point Q. 2. Find the midpoint of the line segment joining P and Q. 3. Find the slope of the line PQ. 4....
-
True/False Indicate whether the statement is true or false. ____ 1. In accounting, to value means to record a transaction or event. ____ 2. The recognition issue deals with when a business...
-
The Sleeping Flower Co. has earnings of $1.75 per share. The benchmark PE for the company is 18. What stock price would you consider appropriate? What if the benchmark PE were 21?
-
As indicated by mutual fund flows, investors tend to beat the market seek safety invest in last year's winner invest in last years loser
-
Q2R. on account for each depreciable asset. During 2024, Jane VIIS nsactions.) i More Info Apr. 1 Purchased office equipment. 5111,000. Paid 581,000 cash and financed the remainder Jan. 1 with a note...
-
The rate of return on Cherry Jalopies, Inc., stock over the last five years was 14 percent, 11 percent, 4 percent, 3 percent, and 7 percent. What is the geometric return for Cherry Jalopies, Inc.?
-
U.S. GAAP specifies all of the following characteristics of variable interest entities except: A. Equity holders hold less than 5% of the entitys voting stock. B. Equity holders do not have voting...
Study smarter with the SolutionInn App