A prominent economist once said, Not even Almighty God can tell a railroad the cost of moving

Question:

A prominent economist once said, “Not even Almighty God can tell a railroad the cost of moving a hundred tons of freight from Boston to New York.” Do you agree? Why?

lop2

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cost Accounting A Managerial Emphasis

ISBN: 9780131797390

4th Edition

Authors: Charles T Horngren

See More Books

Question Posted: Jul 03, 2024 10:11 AM

See More Questions

Read, analyze, and comment on the following readings which include the classic: I, Pencil: "Eloquent. Extraordinary. Timeless. Paradigm-shifting. Classic. Half a century after it first appeared,...
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
1: Describe and explain the terms climate sensitivity, fat tail, and low beta, and how they relate to climate change. 2: What are the estimated economic costs of global warming? Can we trust these...
Over the last few years, we have started to see some retailers open earlier and earlier on Thanksgiving Day. Others have taken a different approach and decide to remain closed. Is it a good strategy...
Use the least-squares regression line computed in Exercise 3 to predict the power when the wind speed is 5.0 mph. (The value of the explanatory variable is 53 = 125.)
Consider the papermaking process in Exercise 6.15. Set up a u chart based on an average sample size to control this process. In exercise Total Total Total Number Total Number Number Number Number...
1 Identify the main characteristics of the respective cultures in your group.
Omega, Inc., a publicly held corporation, has assets of $100 million and annual earnings in the range of $13 to $15 million. Omega owns three aluminum plants, which are profitable, and one plastics...
Armadillo Company has three product lines. Recent financial results for its only unprofitable product line appear below. Sales $16,700 11,400 Variable expenses Fixed expenses 9,200 If this product...
Indirect Costs and Government Contracts The president of a large university commented on the previous years operations as follows: I should point out that, if the Congress had not recently reduced...
In order to save time and effort, we use a single reallocation plan to fulfill both product-costing and control purposes. Discuss. lop2
Solve the given quadratic equations by any appropriate algebraic method. If there are no real roots, state this as the answer. 3x 2 + 8x + 2 = 0
Compared to other majornations, the United States spends________ on health care and achieves________ efficiency. A. more; about the same B. about thesame; less C. more; less D. less; less E. less;...
Studying other cultures through a humanistic lens allows people to understand how different cultures came about and how and why people behave differently from one place to another (Lombrozo, 2015)....
4. Assume that G and T are exogenous, and C is determined by the standard. consumption function, but that investment is now endogenous and responds to income: I = b + bY. Assume c + b < 1. (a)...
4. You have decided it's time to buy a house, and you have found the one you want. The price is $500,000, and you will pay 10% in cash and will take a mortgage on the balance. The annual interest...
Differentiate. G(x) = (2x+3) (9x+ (x) G'(x)=
GAINS AND LOSSES ON THE SALE OF LONG-TERM ASSETS The income statement for Leadbetter's Golf Camp follows. Assume that all revenues and expenses were for cash and that land was sold for $600. There...
Trade credit from suppliers is a very costly source of funds when discounts are lost. Explain why many firms rely on this source of funds to finance their temporary working capital.
The predetermined overhead rate is usually calculated Group of answer choices At the end of each year At the beginning of each month At the beginning of the year At the end of the month
ajax county collects property taxes for the cities within the county, Ajax county collected 1000 from citizens in Beatty city that belong to Beatty city what would be the appropriate entries for ajax...
Assume that gasoline costs $ 3 . 2 0 per gallon and you plan to keep either car for six years. How many miles per year would you need to drive to make the decision to buy the hybrid worthwhile,...

A prominent economist once said, Not even Almighty God can tell a railroad the cost of moving

Question:

Step by Step Answer:

Cost Accounting A Managerial Emphasis

Students also viewed these Business questions