What are the variable costs? What are the fixed costs? How much profit will the program earn if it completes its 45,meal contract with the City of Westchester? Lean accounting and activity based costing.
Both have pros and cons and the selection of "what is best for allocating IT" likely rests with the culture and types of businesses. I personally believe that activity-based costing, which essentially casts IT as a variable cost, making users sensitive to the requests they make of IT because every request is an incremental cost to Is depreciation expense or depreciation cost is fixed cost or variable cost in nature?
Fixed costs are such costs that do not change with the change in activity level within the relevant range. Where relevant range can be defined in terms of time or activity level. Variable costs are such costs that change with the change in activity level. Coming to the question, depreciation expense or depreciation cost can either be fixed or variable and this depends on Fixed costs are those which do not change with the level of activity within the relevant range.
These costs will incur even if no units are produced.
For example rent expense, straight-line depreciation expense, etc. For example rent expense, Cost behavior refers to a cost's reactions to activity level. A cost may rise, fall, or remain constant as activity levels fluctuate. We can classify several types of costs on the basis of their relationship to the amount of services provided, often referred to as activity, utilization, or volume Gapenski, When dealing with the future there is a level of uncertainty of volume with regard Here are the number of meals served and the total costs of the program for each of the first six months: The primary users of its products, such as butyl and halobutyl, are manufacturers of automobile tires; other users are from various industries.
InRubber group contributed 0. Explain the features of cost-volumeprofit CVP analysis 2. Determine the breakeven point and output level needed to achieve a target operating income 3. Understand how income taxes affect CVP analysis 4. Explain how managers use CVP analysis in decision making 5.
Explain how sensitivity analysis helps managers cope with uncertainty 6. Use CVP analysis to plan variable and fixed costs 7. Apply CVP analysis to a company producingApr 15, · Assignment 2 (20 points) Assignment 2: Costs and Profit Instructions Save this file in your course folder, and name it with Assignment, the section number, and your first initial and last name.
For example, Jessie Robinson's assignment for Section 1 would be named Assignment1JRobinson. Type the answers to the assignment questions below. Polysar Limited--recent assignment.
BACKGROUND Rubber Group is the largest of the three operating units of Polysar Limited. The primary users of its products, such as butyl and halobutyl, are manufacturers of automobile tires; other users are from various industries.
Case Study #1 KU Consulting Report Judy Dowling MT Operations Management Kaplan University March 22, Case Study #1 Albatross Anchor As a representative for KU Consulting, I would like to take this opportunity to address some of the issues with Albatross Anchor.
Assignment 1 Instructions Save the file in your course folder, and name it with Assignment, the section number, and your first initial and last name.
For example, Jessie Robinson's assignment 1R for Section 1 would be named Assignment1JRobinson. Assignment One: The Web Assignment. The web assignment is the most basic of class room games and can therefore be applied to almost any subject.
For . Segment reporting is when a company provides reporting of the operating segments of the company in the disclosures accompanying its financial statements (What is segment, ).Segment reporting is required for publicly held entities but is not required for privately held entities (What is segment, ).Under Generally Accepted Accounting Principles (GAAP), an operating segment will engage in.