User Account

All Pages

Difference between a direct cost and an indirect cost

Assignment Help Managerial Accounting
Reference no: EM132971038

Question -

a) What is the difference between a direct cost and an indirect cost?

b) Under which circumstance can a company claim to know the absorption unit cost of a product is?

c) Explain briefly what type of cost material usage is?

Reference no: EM132971038

Questions Cloud

What will be the distribution to barr : Partners Acer and Barr have capital balances in a partnership of $80,000 and $120,000, respectively. What will be the distribution to Barr
What should you investigate before making a decision : As the full-time bookkeeper, your job is to make any corrections to the general ledger accounts. What should you investigate before making a decision
Compute the standard cost per candle for direct materials : Compute the standard cost per candle for direct materials, direct labor, overhead and also the total standard cost for one drip candle
Find the number of containers of each product : Annual fixed costs of this cell are $5000. The cost driver for variable costs is? "containers of cream? produced." Find the number of containers of each product
Difference between a direct cost and an indirect cost : What is the difference between a direct cost and an indirect cost? Explain briefly what type of cost material usage is
Difference between real property and personal property : Question - Explain the difference between real property and personal property. In your answer refer to at least five (5) real-life examples
Determine the dollar amount of dividends : During 2020, Alpha distributed $45,000 in dividends. Use this information to determine for 2020 the dollar amount of dividends
Determine the total materials variance : Determine the total materials variance and round to the nearest whole dollar. Enter a favorable variance as a positive number
What is the prepaid pension cost on december : The pension funding payment is made to the trustee on December 31 each year. What is the prepaid pension cost on December 31, 20x2

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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