### Determine costs that change in direct proportion

Assignment Help Finance Basics
##### Reference no: EM1361449

The budgeting process:
a) defines goals and objectives
c) motivates employees
d) all of the above

33. A method of attributing costs to products based on assigning costs of resources to activities and assigning costs of activities to products is known as Unit Based Costing.
a) true
b) false

34. When inventory is sold, it is reported on the Balance Sheet as an expense called Cost of Goods Sold.
a) True
b) False

35. Net income appears on which two financial statements?
a) statement of owner's equity and balance sheet
b) income statement and balance sheet
c) income statement and statement of owner's equity
d) balance sheet and statement of cash flows

36. Costs that change in direct proportion to changes in some particular activity level are known as
a) production costs
b) capital expenditures costs
c) variable costs
d) fixed costs

#### Questions Cloud

 Importance of understanding pathophysiology : You have encountered Jim at three points in time, focusing on how his alterations in health might impact his life and health. Has this exercise helped you see the importance of understanding pathophysiology any differently? Illustrate what is the short run total cost of producing : Currently, boats rent for \$500 per day and workers cost \$100 per day. Suppose your company decided purchase 12 shrimp boats (Jenny 1 - Jenny 12). These boats are a fixed resource for the firm. Illustrate what is the short run total cost of produci.. Create a function that takes a one dimentional array : Create a function that takes a one dimentional array us a argument the function should return only these members from the array which are divisible by 4. Specific pathology of any organ system : Disease Process: Create a scenario involving providing care for a patient with a specific pathology of any organ system. Determine costs that change in direct proportion : A method of attributing expenses to products based on assigning costs of resources to activities and assigning costs of activities to products is known as Unit Based Costing. Calculate the minimum stopping distance of the car : Find out the magnitude of the wind velocity. Find the direction of the wind velocity.If the wind velocity is 39 due south, in what direction should the pilot set her course to travel due west? Use the same airspeed of 213 . Write a program to model a simple calculator : Write a program to model a simple calculator. Each data line should consist of the next operation to be performed from the list below and the right operand. The costs of maintaining current assets : The costs of maintaining current assets, including the opportunity cost of capital is known as, Expenses should be recorded in the period in which they are used up. Program to calculate area of two-dimensional shape : Implement the Shape hierarchy shown in following figure. Each TwoDimensionalShape should contain method getArea to calculate the area of the two-dimensional shape.

### Write a Review

#### Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

#### A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

#### Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

#### Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

#### Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

#### What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

#### State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

#### Effect of financial leverage

The Effect of Financial Leverage and working capital management

#### Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

#### Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

#### Time value of money

Time Value of Money project