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Fixed Costs
Are costs such do not change along with of the level of output? It is also named as autonomous cost, as it stays the similar irrespective of the activity level as displayed Below:
The classification of cost into variable and fixed costs would merely hold in a relevant range beyond that all costs are variable. The relevant/related range is the activity limits in that the cost behaviour can be predicted.
Vince's Pizza delivers pizzas to dormitories and apartments near a major state university. The company's annual fixed costs are $48,000. The sales price averages $9, and it costs t
wont questions on it and a valuable answer
the features and scopes of job costing
1. Suppose your company needs to raise $30 million and you want to issue 30-year bonds for this purpose. Assume the required return on your bond issue will be 8 percent, and you're
You are the CFO of a Hospital. Suppose that your projected average daily reimbursement is $100, 000 and your average collection day is 40 days. What is your hospital's annual cost
OVERHEAD VARIANCES Unlike labour and direct material, the manufacturing overhead is not completely variable with the level of production. So, standard costs for factory overh
what is irrelevant cost and give example
i want to understand everything about contract account
Why is it important for financial statements and other external reports to be based on generally accepted accounting principles?
Example of Contract Account A company has been awarded a contract to build a house. It is a contract Number 45 for the company and the contract price is shs.2.65 millio
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