York University (EBOR )
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Its notes on chapter 27, romanticism, based on coursework/textbook material.
Its the data for the econometrics assignment.
Its an assignment for Financial Econometrics. It features questions on endogeneity and credit card rates.
part 2 for an intro to financial econometrics. Features advanced statistics in economic examples.
Its an intro to financial econometrics. Contains advanced concepts from statistics applied to economics.
Exercise 2-9: 
Gelinas Computer Co was organized on May1. On that date the company 
purchased 22,000 USB flash drives to be sold with personal computers, 
each preloaded with the company’s product information brochures. The 
front of the USB flash drives displays the company’s name and an 
attractive logo. Each USB flash drive cost Gelinas $6. 
During May, 19,500 USB flash drives were drawn from the raw materials 
inventory account. Of these, 500 were taken by the sales manager to an 
import...
Chapter 2 Cost Terms, Concepts, and Classifications 
Garrison, Managerial Accounting, 12th Edition 15 
True/False Questions 
 1. Manufacturing overhead is an indirect cost with respect to units of product. 
Answer: True Level: Medium LO: 1 
 2. Depreciation on office equipment would not be included in the cost of goods 
manufactured. 
Answer: True Level: Easy LO: 2,4 
 3. Rent on a factory building used in the production process would be classified as a 
period cost and as a fixed cost. 
Answer:...
Week 9: 
Tutorial problems 11-2, 11-5, 11-23 
EXERCISE 11–2 
Segmented Income Statement 
Bovine Company, a wholesale distributor of 
umbrellas, has been experiencing losses for some 
time, as shown by its most recent monthly 
contribution format income statement below: 
Sales $2,000,000 
Variable expenses 792,000 
Contribution margin 1,208,000 
Fixed expenses 1,305,000 
Operating loss $ (97,000) 
In an effort to isolate the problem, the president 
has asked for an income statement segme...
Chapter 5 
1. When combining activities in an activity-based costing system, activities should be 
grouped together at the same level. For example, batch-level activities should not be 
combined with unit-level activities. 
Ans: True Difficulty: Easy 
2. Unit-level activities arise as a result of the total volume of production and are performed 
each time a unit is produced. 
Ans: True Difficulty: Easy 
3. Unit-level production activities are performed each time a unit is made. 
Ans: True Diffic...
Chapter 7 
1. A shift in the sales mix from products with a low contribution margin ratio toward 
products with a high contribution margin ratio will lower the break-even point in the 
company as a whole. 
Ans: True Difficulty: Medium 
2. The break-even point in units can be obtained by dividing total fixed expenses by the 
contribution margin ratio. 
Ans: False Difficulty: Medium 
3. In two companies making the same product and with the same total sales and total 
expenses, the contribution mar...