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CVP and Computer Applications
The broad availability of personal computers encourages more managers to apply cost volume profit analysis. Computers can quickly create the computations for changes in the assumptions recognizing proposed projects as an example of, computer spreadsheets permits managers to find out the most profitable combination of selling process, fixed and variable cost volume. A manager enters into the computer various numbers for price and cost in an equation based on CVP associations to yield target income for each combination since a computer's speed and accuracy in providing this information the manager can choose the most profitable actions.
Development and Research Cost Budget These are costs that are discretional in nature such as they are determined on need basis via the managers concerned. Research cost is the
critically explain cost accounting as 1. a service activity 2. a descriptive/analytical discipline 3. an information system
Importance of Cost Classification Analysis of cost behaviour is significant to all organizations for effective management. It is since many organizations have a unique cost st
Consider the following information, prepared based on a capacity of 40,000 units: Category Cost per Unit Variable manufacturing costs
Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4 Variable costs are those
Blox ($) Shapez ($) Direct material per unit 10 23 Direct labour per unit 19 32 Manufacturing overhead per unit 7 10 Selling & Admin. expenses per unit 17 31 T
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
ANALYSIS OF VARIANCE When the actual are not similar from the standards, variance exists. Variance may be unfavorable or favorable. When the actual cost is more than the standa
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: selling price $140 units in begining in
Multiple Versus Single Overhead Rates, Activity Drivers Deoro Company has identified the following overhead activities, costs, and activity drivers for the coming year: Deoro p
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