II. Listening Skills Making Calculations 1. W: It sounds expensive. Why did they charge you so much for repairing the computer? M: Well, its $25 for labor to start with. A new modern cost another 50 bucks. On top of that I needed a new battery, and it cost $17

Task Team of FUNDAMENTAL ACCOUNTING School of Business, Sun Yat-sen University Lesson 7 Merchandise Inventories and Cost of Sales Self-Test I. True and False Questions 1. The inventory of a merchandising company may include manufactured products, but not perishable products such as fruits and vegetables

Chapter Three Consumer’s Behavior Theory: Further analysis(1) Chapter Four Production and Cost Function Chapter Five Perfect Competitive Market （1）完全竞争市场

Chapter 3 includes: • 3.1 Revealed Preference Theory(显示性偏好理论) • 3.2 Choice Under Uncertainty(不确定条件下的 选择理论) 4.1 Production Function 4.2 Cost Function 5.1 The Optimal Output Decision in the Short Run 5.2 The Optimal Output Decision in the Long Run

第一节 几个重要的成本概念 第二节 The Choice of Input and Output 投入与产出的选择 第三节 Return and Profit 收益和利润

Plant assets Long-lived assets acquired for use in business operations. Similar to long-term prepaid expenses 田 As years pass, and the The cost of plant assets is services are used, the the advance purchase of cost is transferred to services。 depreciation expense Irwin/McGraw-hill

Structure The cost minimization problem Average costs Returns to scale and total and average costs Short run and long run costs

Outline Flow of inventory cost Items and costs of merchandising inventory Assigning costs to inventory Lower of cost or market Errors in measuring inventory Inventory estimating method

Minimum-Cost Flow Problems (Section 7.1)(最小费用流问题) A Case Study: The BMZ Maximum Flow Problem (Section 7.2)(案例研究：BMZ公 司的最大流问题) Maximum Flow Problems (Section 7.3)(最大流问题) Shortest Path Problems: Littletown Fire Department (Section 7.4)(最短路问题： 里特城的消防队问题) Shortest Path Problems: General Characteristics (Section 7.4)(最短路问题： 一般特征) Shortest Path Problems: Minimizing Sarah’s Total Cost (Section 7.4)(最短路问 题：最小化莎拉的总成本问题) Shortest Path Problems: Minimizing Quick’s Total Time (Section 7.4)(最短路 问题：最小化奎克公司总时间问题) Minimum Spanning Trees: The Modern Corp. Problem (Section 7.5)(最小支撑树 问题：摩登公司问题)

The WBS is to serve as the basis for program/project technical planning, scheduling, cost estimating and budgeting, contract scope definition documentation product development, and status reporting and assessment (including integrated cost/schedule performance measurement)