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The marginal cost of an item is its variable cost. What is the formula for calculating the marginal cost? Explain why as the volume of production and sales increases total variable costs rise proportionately.
Expound why marginal costing is forms the principal costing technique used in decision making.
Assume GPS has no alternative use for the space currently used to make the drain units. Write a memo advising if GPS should accept the offer
A division of Hewelett-Packard Company altered its production operations from one where large labor force assembled electronic components to the automated production facility dominated by computer-controlled robots. Evaluate the budgeted profit as ..
Explain to the General Manager what transfer pricing is and what are two methods that can be used to set the price between divisions?
Calculate the flexed budget and the key variances between budgeted and actual results and reconcile the original budget and present the relationship between the budgeted and the actual profit for the month November
The cost of performing inspection sampling moves inversely to the cost of quality failures. We can reduce the cost of quality failures by increased levels of inspection, ut that of course would increase the cost of inspection. Can you think of any me..
Name two cost factors that can explain why an organisation finds it cost-effective to make smaller and more frequent purchase orders.
Guadelupe Company has set the following standard costs per unit for the product it manufactures.
i have already paid you 35 dollars for this solution but have not received it how do i complete the
Do you agree with the president? Why or why not? Explain your point - Where were costs in line and where were they out of line?
Calculate a plantwide rate for Lacy Company based on machine hours. What is the bid price of each job using this rate? Calculate activity rates for the four overhead activities. What is the bid price of each job using these rates?
Determine the best way for Sleet plc to invest the available capital investment funds and prepare an optimum investment schedule for the company.
Identify the fixed and variable costs from the above and comment on the cost behaviour - estimate the cost of goods manufactured and sold and prepare a revised income statement for the month.
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