what opportunity costs do you incur by participating in a managerial accounting class?
Homework Answers
Opportunity cost of participating in a managerial accounting class is sum of explicit cost and implicit cost. Explicit cost for the class is the fees paid for the course dividend by total number of lecture in a course (per lecture cost) and implicit cost is the estimating cost for the next alternative class with the highest value.
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what opportunity costs do you incur by participating in a
managerial accounting class?
What opportunity costs do you incur by participating in a managerial accounting class?
What opportunity costs do you incur by participating in a managerial accounting class?
for managerial purposes, what term includes opportunity costs and accounting costs ?
for managerial purposes, what term includes opportunity costs and accounting costs ?
What managerial accounting concept or procedure did you find most interesting? Most challenging? How do you...
What managerial accounting concept or procedure did you find most interesting? Most challenging? How do you see yourself using managerial accounting in the future?
Cost accounting is often referred to as "managerial accounting". Why do you think this is so?...
Cost accounting is often referred to as "managerial accounting". Why do you think this is so? Discuss the ways that a company uses cost accounting, and how it uses financial information for the purposes of cost accounting. Discuss the differences between the reports prepared for managerial accounting and those prepared for financial accounting
Costs of Capital vs Opportunity Costs What connection do you think exists between the costs of...
Costs of Capital vs Opportunity Costs What connection do you think exists between the costs of capital and "opportunity costs?" Why do you think firms don't list the costs of capital on their financial statements? Who receives payment of capital costs?
Costs of Capital vs Opportunity Costs What connection do you think exists between the costs of...
Costs of Capital vs Opportunity Costs What connection do you think exists between the costs of capital and "opportunity costs?" Why do you think firms don't list the costs of capital on their financial statements? Who receives payment of capital costs?
How can you participate in classes? o What do you believe prevented you from participating in...
How can you participate in classes? o What do you believe prevented you from participating in class? o How can you overcome this obstacle and participate more in class?
1. Both financial and managerial accounting are important to a company's success. Which do you think...
1. Both financial and managerial accounting are important to a company's success. Which do you think contributes more to this success and why? 2. financial accounting a subset of managerial accounting or is managerial a subset of financial?
Managerial accounting concepts that are beneficial to the internal operations and control of a firm. Managerial...
Managerial accounting concepts that are beneficial to the internal operations and control of a firm. Managerial accounting is focused on the internal view of the firm with the goal of providing metrics and reporting that can be used by management to drive the firm to a more effective and efficient operations in the future. 1. How do we derive standard costs (what is the basis)? 2. How would you describe the value of standard costs? 3. How would you proliferate...
3. wheat opportunity costs dlcl you Incur / 4. Assume that it takes four hours of...
3. wheat opportunity costs dlcl you Incur / 4. Assume that it takes four hours of labor time to paint a room and two hours to sand a floor. If all 24 hours were spent painting, (a) How many rooms could be painted by one workers (b) if a decision were made to sand two floors, how many painted rooms would have to be aiven UD'2
Cost accounting is often referred to as "managerial accounting". Why do you think this is so? Discuss the ways that a company uses cost accounting, and how it uses financial information for the purposes of cost accounting. Discuss the differences between the reports prepared for managerial accounting and those prepared for financial accounting
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