User Account

All Pages

Describe whether direct labor is a fixed or a variable cost

Assignment Help Financial Accounting
Reference no: EM13128118

Throughout the corporate world, businesses are transforming labor into a more flexible (and variable) cost. Among such companies are Hewlett-Packard, General Electric, DuPont, Sun Microsystems, and British Airways. Discuss whether direct labor is a fixed or a variable cost. What are the pros and cons of management treating direct labor as a variable cost? Are there ethical issues to be considered here?

Reference no: EM13128118

Questions Cloud

Calculate net cash provided by operating activities : Salvador, Inc. reported net income of $2.5 million in 2008. Depreciation for the year was $260,000, accounts receivable decreased $350,000, and accounts payable decreased $280,000. Calculate net cash provided by operating activities using the indir..
First and second partial derivatives : The problem is: Z = X COS Y - Y COS X-Find all of the first and second partial derivatives of this problem.
How much heat (in kj ) is required : How much heat (in kJ ) is required to warm 12.0 grams of ice, initially at -12.0 Celsius, to steam at 112.0 Celsius? The heat capacity of ice is 2.09 J/g*Celsius and that of steam is 2.01 J/g*Celsius?
Zero-interest-bearing note : Signed a three-month, zero-interest-bearing note on November 1, 2010 for the purchase of $150,000 of inventory. The face value of the note was $152,205.
Describe whether direct labor is a fixed or a variable cost : Describe whether direct labor is a fixed or a variable cost. What are the pros and cons of management treating direct labor as a variable cost? Are there ethical issues to be considered here?
Probability that twelve are serving time for drug dealing : A random sample of 16 federal inmates is selected. What is the probability that exactly 12 are serving time for drug dealing?
How are merchandising inventories accounted : Inventory is the most important asset for many merchandising companies. How are merchandising inventories accounted for under U.S. GAAP?
Differentiation of logarithmics functions : Differentiate the function f(x) =
Illustrate what is most likely the tax bill is : Illustrate what is, most likely, the tax bill excluding interest on underpayments but including penalties other than the underpayment penalty of IRC 6654.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Evaluate the amount of write-down reversal using us gaap

Evaluate the amount of write-down reversal (if any) required using US GAAP. Calculate the write-down on both an individual and a total inventory basis.

  Evaluiate the annual rate of return

Capital budgeting Accounting rate of return and cash pay back period - Evaluiate the annual rate of return and (2) the cash payback period on the proposed capital expenditure

  Adjustment in general account balances

Adjustment in general account balances - Olsen Company has two office employees who earn $80 and $100 per day, respectively. They are paid each Friday for a five-day work week that begins each Monday. June 30 is a Tuesday in 2009.

  Evaluate the maximum amount the cologne division

Evaluate the maximum amount the Cologne Division would be willing to pay for the bottles - General transfer pricing rule, maximum amount willing to pay as transfer price

  Find what is the minimum acceptable price

For Polar Manufacturing, Find what is the minimum acceptable price of this special order - Polar Manufacturing has excess capacity

  Evaluate cash flow from operations

What are earnings before interest and taxes and What is net income and evaluate cash flow from operations?

  Create a memo to a group of students interested

Create a memo to a group of students interested in pursuing careers in management accounting. Include in the memo, the role of management accounting and how management accounting may differ based on different types of companies or industries.

  Compute the amount of change in terms of both dollars

Wofford Company had net sales of $150,000 in its first year and $187,500 in its second year. Compute the amount of change in terms of both dollars and percentage.

  Find the beginning balance

Find the beginning balance per the books and what is the total amount of outstanding checks

  Case study- ljb company

LJB Company, a local distributor, has asked your accounting firm to evaluate their system of internal controls because they are planning to go public in the future.

  Evaluate the max amount of additional financing

What other potential sources of financing are available to the company and what is the max amount of additional financing that can be in the form of bank borrowings.

  Illustrate what amount of loss will black corporation

At the time of the liquidating distribution, the land had a fair market value of $100,000. Illustrate what amount of loss will Black Corporation recognize on the distribution of the land?

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd