Define relevant cost and why are historical costs irrelevant

Assignment Help Accounting Basics
Reference no: EM131792325

Question - Define relevant cost and why are historical costs irrelevant?

Criteria: Your answer to the topic should be in your own words (not from an instructor's solution manual). You may want to provide additional information from outside readings or other outside resources, if so, please provide your source or reference.

Reference: Horngren, C. T., Datar, S.M., Foster, G., Rajan, M., & Ittner, C. (2009). Cost Accounting: A Managerial Emphasis (13th ed.). Upper Saddle River, NJ: Pearson Prentice Hall, pp.388-389.

Reference no: EM131792325

Questions Cloud

How do you usually deal with your fears : Does one of these basic human fears tend to dominate your list of stressors? If so, why do you suppose that is the case - What are some ways that will help you
Uniqueness-loyalty-purchasing habits and pricing : What types of research would get at uniqueness, loyalty, purchasing habits, and/or pricing?
Write a four pages on genetically modified foods : Write a four pages on Genetically modified foods, include in-text citations and separate reference page in APA format.
Having studied the various voting methods : Having studied the various voting methods this week, which is your favorite?
Define relevant cost and why are historical costs irrelevant : Define relevant cost and why are historical costs irrelevant? Your answer to the topic should be in your own words
What you have learnt in terms multidisciplinary experience : Describe the difficulties and the achievements and examine what you have learnt particularly in terms the Multidisciplinary experience.
Components of an effective performance appraisal system : What are the principal components of an effective performance appraisal system?
Discuss what is the opportunity cost related to the launch : The project will be also allocated $83269 of corporate overhead. What is the opportunity cost related to the launch of the new product
What are the appropriate uses of a budget : Why is budgeting so important? What are the appropriate uses of a budget? How can budgets be mismanaged or misunderstood

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd