Cost Accounting for Service Businesses Essay Example | Topics and Well Written Essays - 500 words

Cost Accounting for Service Businesses - Essay Example The return journey through American Airlines will cost $1,460, which would be a one-stop journey. For the two-stop journey, the fare would be $1,242 by American Airlines. On the other side, the fare for one-stop journey by US Airways would be $1,492 and for the two-stop journey, the fare would be $1,524 (Expedia, 2012). It has been found by the researcher that in the case of American Airlines, the cost is lower for a two-stop return journey than a one-stop return one. However, in the case of US Airways, the fare for a two-stop return journey is higher than a one-stop return one. Moreover, the fare in US Airways is more than the fare of American Airlines. The fare is $32 more in case of US Airways when the one-stop return journey is considered. In case of the two-stop return journey, the fare is $282 more than American Airlines. The fixed costs are the cost which is not dependent on the amount of goods. The company has to incur the cost no matter how much units have sold by the company. The variable costs are the type of costs which are dependent on the goods or services sold (Weygandt, Kimmel, & Kieso, 2009, p.211). The fixed cost in case of Airlines would be the cost of the planes, the cost of the fuel, staff salaries, etc. Airlines are mostly fixed cost based companies. The variable costs are very small like the costs incurred for facilitating the passengers. The unit contribution margin is the amount the company gets against the sale of one unit. Airline companies are generating positive contribution margin from the fares. For an individual passenger, the cost incurred by the company is variable. They have to incur the fixed cost whether the plane is travelling with one passenger or whether the seats are full. However, they have to incur variable costs for the value added services provided to the customers. It has been found from the analysis of the fares of the airlines that American Airlines and US Airways are the two big players in

Quiz 1 Assignment Example | Topics and Well Written Essays - 500 words

Quiz 1 - Assignment Example The act protects people who are 40 or older. Hatch Act prevents people employed in the executive branch of federal government from engaging in partisan political activities. The Act does not apply to the president and high rank officials. It specifies the list of political activities officials can and cannot engage. In this case, Roth sued Board of Regents because his contract was not renewed. He claimed that it happened because he made critical statements about University administration. The Supreme Court had to decide whether this case included the violation of the first amendment concerning the freedom of speech. All employees at Duke Power Company were required to have high school diploma and pass IQ test which was not related to job performance. The court decided that the requirements of the company did not provide equal opportunities for promotion of employees who represented racial minorities. Employers must respect religious practice of their employees. They have to comply with Title VII of the Civil Rights Act of 1964 which lists their responsibilities before employees. They also need to provide accommodation for the employee if it does not cause undue hardships. â€Å"Loudermill rights† pose a requirement to have a due process before any employee is fired. Employers need to have a pre-termination meeting with employee and explain the reason why he or she is to be fired. The  Lilly Ledbetter Fair Pay Act of 2009 declares that compensation should not be discriminatory. This public law is based on the case where female supervisor Ledbetter had substantially smaller payment than her male co-workers who sis the same. The Supreme Court ruled that any discrimination based on sex is prohibited. In the case, Oncale was discriminated by his male employees and had no reaction from supervisor after he had complained about discriminatory action of his