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Use the account-classification method of cost estimation to classify each of the following cost as variable, fixed or semivariable. Before classifying the costs, choose and appropriate measure for the schools costs. Explain your choice. 1. Fee charged by a local public accounting firm to audit the school's accounting records. 2. Wages of the school's part-time assistant recital instructors. They are hired on a temporary basis. For each student enrolled in the school's music programs, four hours of assistant instructor time are needed per week. 3. Depreciation on the school's musical instruments. 4. Rent for the building in which the school operates. 5. Electricity for the school. The school pays a fixed monthly charge plus $.11 per kilowat of electricity.
as a result of studying past cost behavior and adjusting for expected price increases in the future nicholson company
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piere imports uses the perpetual system in accounting for merchandise inventory and had the following transactions
John Ballard works eight hours a day, five days a week. Each order is one window and each window takes 26 minutes. What is the average waiting time, in minutes?
describe what is likely to occur if company personnel erroneously recorded a sales transaction for the wrong customer.
compute the inventorial costs for the year.
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