Cost of Natural Gas In April 2009, Nicor Gas had the following rate schedule for natural gas usage in singlefamily residences: Monthly customer charge $8.40 Distribution charge 1st 20 therms $0.1473/therm Next 30 therms $0.0579/therm Over 50 therms $0.0519/therm Gas supply charge $0.43/therm (a) What is the charge for using 40 therms in a month? (b) What is the charge for using 150 therms in a month? (c) Develop a model that gives the monthly charge C for x therms of gas. (d) Graph the function found in part (c). Source: Nicor Gas,Aurora, Illinois, 2009
Accounting 2102: Comprehensive Final Exam Study Guide Tuesday, April 12, 2016 23:09 Chapter 1 1 Understand the benefits of managerial accounting. Managerial accounting is the general generation of relevant information to support managers strategic decision making. Objectives of Managerial Accounting: 1. Planning: longer term and often referred to as "strategic" planning establishes an organizations wants. Short term wise planning is "organizational" and translate long term planning into something that will be handled within the year. 2. Controlling and evaluating: after the plans have been established then manager