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.
Smith Corp. has determined that its contribution margin, (P - MC)/P, is 40%. A recent market research study found the following relationship between adverting outlays and sales rev
What are the missing amounts for the below amortization table, given the following information? - A firm borrows $100,000 from a bank. - The terms of the loan require the f
Bebe, a manufacturer of sophisticated and fashionable women's clothing, is completing a new assembly plant in Malaysia. A final construction payment of 6,000,000 MY
behabioural aspect of standard costing on budget
. Which of the following is a reason why traditional product costing techniques have become obsolete in a lean operating environment? a. More complex accounting is required in a le
Q. Show the Profit volume charts? A variation of a break-even chart, representing graphically the relationship between profit &losses at different levels of sales volume achiev
Flexible Budget Flexible budget is a budget that is designed to change in accordance along with the level of activity attained. It includes budgeting at various levels in anti
A company started with $0 in direct materials, purchased $5,000 of materials, and ended with $300 in materials. Direct labor equaled $4,000. The applied overhead for the period was
Assume the same facts as in 1A above, except that the interest payment checks were placed on the shareholders' office on December 31, 2012. However, the shareholders are not in the
ABC bond is a 20-year bond with face value $1000. The coupon payment is $25 per 6 months. The semi-annual yield is 4%. Use the PV function in Excel (or equivalent) to Önd the price
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