Q: Compare variable and fixed expenses.
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Q: An input whose cost is determined by the quantity of input consumed is a A. Fixed cost E Variable…
A: Step costs are- constant upto certain point and change to certain amount after that point. Fixed…
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A: High low method The fixed and variable elements of a mixed cost can be separated using the high-low…
Q: Questions: a. What is the net income under variable costing method? b. What is the net income…
A: The question is based on the concept of Cost Accounting.
Q: C-V-P
A: Cost-volume-profit or CVP analysis is a cost accounting method that looks at the effects that…
Q: Can you classify the expenses listed as Variable or Fixed Costs
A: Variable costs are those costs that change with the change in production. Whereas, fixed cost are…
Q: relevant costs are always: a.variable costs b.avoidable costs c.sunk costs d.fixed costs
A: Relevant costs are the cost that describes the avoidable costs that are incurred for making specific…
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A: “Since you have asked multiple question, we will solve the first question for you. If you want any…
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A: Common examples of taxable perks include gym memberships, transit passes, boarding, lodging,…
Q: Q- 8: opportunity cost, and sunk cost. Define the following terms: differential cost,
A:
Q: COSTING METHOD. 1. What is average cost method? 2. What is FIFO cost method?
A: Solution: 1. Average cost method: Average cost method is also known as weighted average method.…
Q: A. What is the net income under variable costing method? B. What is the net income under absorption…
A: solution : What is the net income under variable costing method? Units 10000 Sales…
Q: Giving examples, distinguish between Prime costs and Marginal costs
A: Prime costs are the firm total expenses directly related to the materials and labour used in…
Q: The “fixed cost per unit function” may also be described as: a.an asymptote b.the total cost line…
A: Introduction:- Fixed costs, also known as indirect costs or overhead costs, are corporate expenses…
Q: Determining cost behavior Identify each cost below as variable (V), fixed (F), or mixed (M),…
A: Variable Cost: That cost which changes with changes in volume of activity is called variable cost.…
Q: A cost which changes in proportion to changes in volume of activity is called a: * a. fixed…
A: Costs are the expenses or amounts incurred in the business for manufacturing or selling of products.…
Q: d. Perpetual system, LIFO cost flow. e. Periodic system, weighted-average cost flow. f.…
A: Perpetual inventory system - Movement of inventory is recorded on regular basis. Periodic inventory…
Q: Sheets & Homes Budget for Costs and Activities For the Year Ended February 28, 2017 Direct materials…
A: Costs are classified into two categories i.e. variable cost and fixed cost. Variable cost has a…
Q: 2. The following total cost graphs indicate which type of cost behavior? A. VARIABLE COST B. FIXED…
A: Cost behavior refers to how costs change as the level of activity or output changes within a…
Q: The cost that is used for the benefit of many cost objects and cannot be easily related to any…
A: Answer is as follows
Q: 1. What is the net income under variable costing method? 2. What is the net income under absorption…
A: Variable costing means that inventory is valued at variable manufacturing cost and fixed cost is…
Q: simple cost analysis method to identify fixed costs and variable costs in a linear cost function is…
A: High low method is method which separates the elements of fixed cost and variable cost from the…
Q: Differential costs are synonymous with: Select one: a. variable costs b. relevant costs c.…
A: Answer:- Relevant costs and benefits are those that will differ between alternatives. They are the…
Q: Y,a,b and X explain these with help of examples according to cost behaviour
A: Cost behavior analysis helps to understand the change in the total cost with respect to the change…
Q: NUBD Co. presented the following data for 2021: Sales Variable manufaduring costs Fixed…
A: Under the Variable costing method, fixed production costs are considered period costs and are not…
Q: A cost that has characteristics of both a varlable cost and a fixed cost is called a Oa,…
A: Reason:- Mixed cost refers to the cost which is a combination or mix of both fixed cost and variable…
Q: What does it mean that a cost is a direct, product, and variable cost?
A: The cost represents the value incurred by the corporation in making the product ready to sell in the…
Q: What is the term used to describe costs that increase in steps? A. Variable costs B. Fixed costs…
A: Cost is referred as the essential part of the business or a company which looks after the costs such…
Q: Which one is Variable cost Select one: a. salaries b. Direct material c. Rent d. Insurance
A: Direct materials is a variable cost as it changes with nos of units of output. Salaries, rent and…
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- What is supposed to be credited in utilities expense?rd / My courses/ BAMA1101 / Worksheets Home PraiWotkst äö pio Moving Forward An invoice for OMR 600 dated March 10th with the terms 5/15 EOM is recerved. The bill is paid on April Sth. Find the net payment. ut of Select one: O a. 570 O b. 30 Oc 510 O d. 90 Clear my choice inus nane Type here to search. McGrav 9 Questio O Questio t Dr. Dav Home G 1. what WFinal e W Word CU One O New Ta O (202) Y 6 x A courses.campbellsville.edu/pluginfile.php/3951141/mod_resource/content/1/TVM_Self-Assessment%20Assignment%20Spring%202019.docx M doooi M Gmail Assessment Assignment Spring 2019.docx prmat Tools Help BIU A - A - 喜 Normal Calibri 11 Name TVM-Self Assessment Assignment Show your work for all answers! 1. Today Zack purchased an investment grade gold coin for $50,000. He expects the coin to increase in value at a rate of 12% compounded annually for the next 5 years. How much will the coin be worth at the end of the fifth year if his expectations are correct? 2. Jason purchased $60,000 worth of silver coins 8 years ago. The coins have appreciated 7.5% compounded annually over the last 8 years. How much are the coins worth today? 3. Kasey wants to give her daughter $25,000 in 8 years to start her own business. How much should she invest today at an annual interest rate of 8% compounded…
- oncos.schoolsplp.com/enrollments/156569804/items/CL1W7/work?prev=YU132 A Desmos | Graphing.. A ALEKS - Gracie Glov. M My Classes | McGra. A Classes O Western Brown Loc. er odels B: Lesson 2 - Other Forms of Compensation Nex Target due: 1/14/21 I J 1) Choose the correct answer. Andres is offered a job as manager of a health club. The job will pay $3,100 per month, paid semimonthly. Along with the base salary, the company offers to pay half the cost of medical insurance and will match Andres' contribution to a retirement plan up to a total of $3,500. If the full cost of the medical insurance is $450 per month and Andres plans to contribute the full $3,500 every year to a retirement plan, what is the actual annual value of this job to Andres? $83,300 $43,400 $42,600 $46,100 T $37,200 2) Choose the correct answer. Mvbbroncos.schoolsplp.com/enrollments/156569804/items/CL1W7/work?prev-YU132 A ALEKS - Gracie Glov. M My Classes | McGra.. A Classes O Western Brown Loc. Jal Desmos | Graphing... Glover Next Activity > Models B: Lesson 2 - Other Forms of Compensation Target due: 1/14/21 16.66% A O 3) Choose the correct answer. -Maribel is offered a job as a paralegal at an annual base salary of $47,000. In addition, the company will pay the following benefits: a retirement contribution that is 10.5% of Maribel’Ms base salary, disability insurance totaling $338, medical insurance totaling $6,500, and a year-end bonus of 17% of her base salary. What is the annual value of this job to Maribel? O $47,000 O $66,435 $58,773 $66,763 $58,435 口 O 4) Choose the correct answer. Mnts & Tests - FINA222 E Sign In in Connect M MHE Reader X + https://player-ui.mheducation.com/#/epub/sn_7cac#epubcfi(%2F6%2F422%5Bdata-uuid-49fada7a8= 15. Determining the Cost of Insurance. Suppose you are 45 and have a $50,000 face E LC amount, 15-year, limited-payment, participating policy (dividends will be used to build up the cash value of the policy). Your annual premium is $1,000. The cash value of the policy is expected to be $12.000 in 15 years. Using time value of money and assuming you could invest your money elsewlhere for a 7 percent annual yield, calculate the net cost of insurance. 30 ond hove n $25 000 face
- The рroduction deрartment of an insurance comрany reрorted Ρhр 45,121.00 insured рolicy by an insurance agent. What was the commission rate of the agent who receives Ρhр 3,390 as his commission last month.ments ETC - CIMS Business Mathematics board / My courses / BAMA1101 / Worksheets /Home Praeho Moving Forward tion 7 An invoice of OMR 1200 with the terms 4/10. n/30 ROG is dated on April Sth. Goods are received on April 20th. The bill is paid on May 1st. Calculate the net payment amount by the customer. wer saved ked out of Select one: Flay question O a 1152 O b. 1180 Oc. 48 O d. 1200 Clear my choice inus nanAClass Collaborate-AC-163-44 P x CengageNOWv2| Online teachin X + 2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker-assignments&takeAssignments... A Determine the following measures for 2018. Round ratio values to one decimal place and dollar amounts to the nearest cent. For number of days' sales in receivables and number of days' sales in inventory, round intermediate calculations to the nearest whole dollar and final amounts to one decimal place. Assume there are 365 days in the year. 1. Working capital Г 2,790,000 2. Current ratio 4.1 3. Quick ratio 2.5 4. Accounts receivable turnover 16 5. Days' sales in receivables 22.8 days 6. Inventory turnover 7. Days sales in inventory 8. Debt ratio days % 9. Ratio of liabilities to stockholders' equity 10. Ratio of fixed assets to long-term liabilities 11. Times interest earned times times 12. Times preferred dividends earned Check My Work 8 144 0 P Previous Email Instructor Save and Exr Submit Assignment for Grading pri se…
- om te x O Indian X Conten X O My App X Reset F X Cengag x O Mail -E X Indian m/ilm/takeAssignment/takeAssignmentMain.do?invoker=assignments&takeAssignmentSessionLocator=assignment-take&inpro.. Q < * * eBook Show Me How Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $6,800,000 and sales for the year total $81,500,000. a. The allowance account before adjustment has a debit balance of $68,250. Bad debt expense is estimated at % of 1% of sales. b. The allowance account before adjustment has a debit balance of $68,250. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $575,000. c. The allowance account before adjustment has a credit balance of $45,000. Bad debt expense is estimated at % of 1% of sales. d. The allowance account before adjustment has a credit balance of $45,000. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $450,000.…+ wbbroncos.schoolsplp.com/enrollments/156569804/items/YUI32/work?prev=LNSDS B. Jol Desmos | Graphing. A ALEKS - Gracie Glov. M My Classes | McGra. A Classes O Western Brown Loc. Glover Next Act n Models B: Lesson 1 - Salary Target due: 1/14/21 58 3) Choose the best answer. Andi has a job that pays $27.35 per hour for a 40-hour work week. She is paid time and a half for each hour over 40 that she works in a week. She is paid biweekly. What is her gross pay for a paycheck where she worked 40 hours in each of the two weeks for a total of 80 hours? $2,215.35 ST O $2,735.00 $3,283.00 $2,188.00 O $1,641.00 4) Choose the best answer.Which is right?