Behavioral classification of costs, Cost Accounting

Behavioral Classification of Costs

Definition

Cost behavior refers to the change in costs as increase or may decrease like the output level changes that are like we rising output, are the costs increasing, remaining or dropping the similar.

Cost Behavior can be utilized to produce different classifications of costs like:

a) Variable Costs Vs. Fixed Costs

b) Direct Vs. Indirect costs

c) Controllable Vs. Non Controllable costs

Posted Date: 2/5/2013 2:58:52 AM | Location : United States







Related Discussions:- Behavioral classification of costs, Assignment Help, Ask Question on Behavioral classification of costs, Get Answer, Expert's Help, Behavioral classification of costs Discussions

Write discussion on Behavioral classification of costs
Your posts are moderated
Related Questions
PrivateJets (PJ) is considering expanding its operations in the corporate travel market. Currently, PJ has a capital structure with a 25% debt-equity ratio. Their levered equity

1. A company is considering a project that requires an initial investment of $100 million and will pay $20 million of each of the next 10 years, and nothing thereafter. The company

High Bhd acquired shares in two other companies as follows: Additional information: i) Goodwill on acquisition of Swift was impaired by RM80,000 as

using relevant examples discuss the meaning and scope of cost accounting

What type of activity could a company engage in to improve their cash flows in their Cash Flows Statement? Is this ethical? Could borrowing money make the cash from operations be

asdfdf afd s

Dolphin Company uses special strapping equipment in its packaging business. The equipment was purchased in January 2013 for $8,000,000 and had an estimated useful life of 8 years w

A corporation acquired a truck on July 1, 2012, at a cost of $162,000. The truck has a six-year useful life and an estimated salvage value of $18,000. The straight-line method of d

difference between diffrential cost and marginal cost

You have just been assigned to replace the current Project Manager for a very important project.  You were provided a WBS for the project planning that had already been conducted,