Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Explain the following types of costs.
a. Fixed and variable costsb. Explicit and implicit costsc. Direct and indirect costsd. Past and future costse. Out of pocket and book costs. a. Fixed cost: the cost which remain fixed for a certain period of time irrespective of the amount of production. Variable costs: the cost varies with the output.
b. Explicit costs: the cost which the firm has already spent or going to spend. Implicit cost: the cost of the opportunity foregone.
c. Direct costs: the costs which can be directly attributed to the cost of the unit. Indirect costs: the cost cannot be directly attributed to the product.
d. Past cost: it is also called historical cost which is already incurred. Future costs: the cost which the firm is going to incur in the future.
e. Out of pocket costs: involves current payment to outsiders .eg. payment for raw materials. Book costs: book costs do not require current payments. Eg. Depreciation.
What is the major value of the weighted cost of capital calculation for the firm?
Engineering Method of Cost Estimation This method is based on a detailed study of each operation whereas careful requirement is made for materials, labour and equipment essent
Compare the American Institute of CPAs' (AICPA) Statements on Tax Standards (SSTS) and the Treasury Department Circular 230 rules to practice before the Internal Revenue Service (I
under which type of asset the investment comes
Sales Budget It provides volume of sales and sales mix of the recent operations. The sales forecast is initially prepared and upon completion the sales budget is finalized. Th
Stages of Implementation of Zero Based Budgeting 1. Definition of decision package. It is the comprehensive description of the organizations activities or functions.
A company is evaluating the following lease or buy option. A four year lease with annual payments of $25,000 payable at the beginning of the year.The tax shield is available at
Pritchard Company manufactures a product that has a variable cost of $30 per unit. Fixed costs total $1,500,000, allocated on the basis of the number of units produced. Selling pri
Mathematical Derivation of EOQ Let cost per order is represented via Co. it is the cost incurred every instance one order is placed. Let the economic quantity purchase ever
Important Aspect Regarding to Service Cost Centres The basis selected should be one that is judged to be the mainly equitable way of sharing the service costs of department
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd