Comment on factors likely to affect the accuracy of the analysis of costs into fixed and variables components.
Comment on factors likely to affect the accuracy of the analysis of costs into fixed and variables components.
(The answer should describe the different techniques used to analyse fixed
and variable costs, and illustrate the weaknesses of specific methods).
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Comment on factors likely to affect the accuracy of the analysis of costs into fixed and variables components.
Comment on factors likely to affect the accuracy of the analysis of costs into fixed and variable components.
Comment on factors likely to affect the accuracy of the analysis of costs into fixed and variable components.
For purposes of analysis, mixed costs can generally be separated into their variable and fixed components....
For purposes of analysis, mixed costs can generally be separated into their variable and fixed components. True False
________ is an underlying assumption of cost-volume-profit analysis. A : All costs can be classified as...
________ is an underlying assumption of cost-volume-profit analysis. A : All costs can be classified as either variable or fixed with reasonable accuracy B : Changes in activity and other factors affect costs C : The behavior of both costs and revenues is curvilinear throughout the entire range of the activity index D : All units produced are either sold or in ending inventory
Which of the following assumptions made when using C-V-P analysis might affect the validity of the...
Which of the following assumptions made when using C-V-P analysis might affect the validity of the analysis? Group of answer choices Costs can be accurately separated into fixed and variable components. Neither statement is correct Both statements are correct Fixed costs remain fixed and variable costs per unit do not change over the activity levels of interest.
2. What other factors in addition to occupancy-days are likely to affect the variation in electrical...
2. What other factors in addition to occupancy-days are likely to affect the variation in electrical costs from month to month? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Systematic factors like guests, switching...
2. What other factors in addition to occupancy-days are likely to affect the variation in electrical...
2. What other factors in addition to occupancy-days are likely to affect the variation in electrical costs from month to month? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 2 Systematic factors like guests,...
Flint Company must decide whether to make or buy some of its components. The costs of...
Flint Company must decide whether to make or buy some of its
components. The costs of producing 62,600 switches for its
generators are as follows.
Direct materials
$29,000
Variable overhead
$44,400
Direct labor
$28,644
Fixed overhead
$82,000
Instead of making the switches at an average cost of $2.94
($184,044 รท 62,600), the company has an opportunity to buy the
switches at $2.69 per unit. If the company purchases the switches,
all the variable costs and one-fourth of the fixed costs...
2. 3. LULU with the fleet of trucks. Express the variable and fixed costs in the...
2. 3. LULU with the fleet of trucks. Express the variable and fixed costs in the form Y = a +bX. If a truck were driven 80,000 kilometers during a year, what total oper expect to be incurred? a year, what total operating cost would you EXERCISE 5A-4 High-Low Method; Scattergraph Analysis L05-10 Archer Company is a wholesaler of custom-built air-conditioning unit It gathered the following monthly data relating to units shipped and total shipping m-built air-conditioning units for commercial...
Blossom Company must decide whether to make or buy some of its components. The costs of...
Blossom Company must decide whether to make or buy some of its components. The costs of producing 65,700 switches for its generators are as follows. Direct materials $31,000 Direct labor $34,229 Variable overhead $45,900 Fixed overhead $84,000 Instead of making the switches at an average cost of $2.97 ($195,129 = 65,700), the company has an opportunity to buy the switches at $2.71 per unit. If the company purchases the switches, all the variable costs and one-fourth of the fixed costs...
A. 1. Using account analysis, what was the accountant's estimate of total fixed costs for October? ...
A.
1. Using account analysis, what was the accountant's estimate of
total fixed costs for October?
2. Using account analysis, what was the accountant's estimate of
total variable costs for October?
B.
1. Using the high-low method, what was the accountant's estimate
of total fixed costs for October?
2. Using the high-low method, what was the accountant's estimate of
variable costs per unit for October?
Mears Production Company makes several products and sells them for an average price of $70....
2. What other factors in addition to occupancy-days are likely to affect the variation in electrical costs from month to month? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Systematic factors like guests, switching...
2. What other factors in addition to occupancy-days are likely to affect the variation in electrical costs from month to month? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 2 Systematic factors like guests,...
Flint Company must decide whether to make or buy some of its
components. The costs of producing 62,600 switches for its
generators are as follows.
Direct materials
$29,000
Variable overhead
$44,400
Direct labor
$28,644
Fixed overhead
$82,000
Instead of making the switches at an average cost of $2.94
($184,044 รท 62,600), the company has an opportunity to buy the
switches at $2.69 per unit. If the company purchases the switches,
all the variable costs and one-fourth of the fixed costs...
2. 3. LULU with the fleet of trucks. Express the variable and fixed costs in the form Y = a +bX. If a truck were driven 80,000 kilometers during a year, what total oper expect to be incurred? a year, what total operating cost would you EXERCISE 5A-4 High-Low Method; Scattergraph Analysis L05-10 Archer Company is a wholesaler of custom-built air-conditioning unit It gathered the following monthly data relating to units shipped and total shipping m-built air-conditioning units for commercial...
Blossom Company must decide whether to make or buy some of its components. The costs of producing 65,700 switches for its generators are as follows. Direct materials $31,000 Direct labor $34,229 Variable overhead $45,900 Fixed overhead $84,000 Instead of making the switches at an average cost of $2.97 ($195,129 = 65,700), the company has an opportunity to buy the switches at $2.71 per unit. If the company purchases the switches, all the variable costs and one-fourth of the fixed costs...
A.
1. Using account analysis, what was the accountant's estimate of
total fixed costs for October?
2. Using account analysis, what was the accountant's estimate of
total variable costs for October?
B.
1. Using the high-low method, what was the accountant's estimate
of total fixed costs for October?
2. Using the high-low method, what was the accountant's estimate of
variable costs per unit for October?
Mears Production Company makes several products and sells them for an average price of $70....
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