Discuss what absorption-variables and throughput costing

Assignment Help Cost Accounting
Reference no: EM131243335 , Length:

Question:

Primary Task Response: Within the Discussion Board area, write 500 words that respond to the following questions with your thoughts, ideas, and comments.

This will be the foundation for future discussions by your classmates.

Be substantive and clear, and use examples to reinforce your ideas.

Discuss what absorption, variables, and throughput costing are.

Determine when each would be used.

Provide an explanation and example of all three.

Verified Expert

This assignment explains Absorption Costing, Variable Costing and Throughput Costing. It further explains when each of these methods should be used with practical examples.

Reference no: EM131243335

Questions Cloud

Problem regarding the managerial economics : What other factors besides price might be included in this ewuation? Do you foresee any difficulty in obtaining these additional data or incorporating them in the regression analysis?
Can you decompose the us market beta of a foreign project : Into what components can you decompose the U.S. market beta of a foreign project? - What would you expect the U.S. market beta of this Japanese project to be?
How has the consumer expenditure survey behaves : How has the consumer expenditure survey behaves since the year 2000 to present
What are the main software modules of a ddbms : What are the main software modules of a DDBMS? Discuss the main functions of each of these modules in the context of the client-server architecture.
Discuss what absorption-variables and throughput costing : Discuss what absorption, variables, and throughput costing are - Determine when each would be used.
Why is the hospital considering the additional service : Why is the hospital considering this additional service? Does the hospital and community really need this service? Why or why not? What should be the most important characteristics of a hospital in which one would want to have an open heart surgery?
Transaction deposit accounts through loans creates money : Explain how a bank's ability to create transaction deposit accounts through loans creates money.
Firms negatively affected by appreciation of the swiss franc : The example used a =C100 ↔ $107.83 currency contract to drop the risk from a range of about 15% to a risk of about 1%. Can you do better? What kind of currency forward contract would improve the hedge against exchange risk?
What methods of foreign currency hedging can firms consider : What methods of foreign currency hedging can firms consider? -  What kind of foreign bonds might U.S. companies issue? What are the alternatives?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Abc ltd is analyzing the possibility of introducing a new

abc ltd. is analyzing the possibility of introducing a new product. abc ltd. estimates that developing this product

  Lotus fixtures inc manufactures steel fittings each fitting

lotus fixtures inc manufactures steel fittings. each fitting needs both steel and an alloy that allows the fitting to

  Question dinos castillo works in a wine outlet in san juan

question dinos castillo works in a wine outlet in san juan. one-gallon bottle sell for 18. daily fixed costs are 4500

  How absorption costing could provide undesirable incentives

Explain how absorption costing could provide undesirable incentives to management to build inventory. Include in your assessment how to best set up absorption costing systems to avoid this incentive.

  What are the key points would you address and why

The Board of Directors asks you to prepare a report for a follow-up meeting indicating whether or not their long term liabilities have been properly valued. What key points would you address and why?

  Identify the primary benefits in using the costing method

Identify the primary benefits in using the costing method that is used to record inventory. Explain at least three reasons that would lead each of your chosen companies to switch to a different costing method.

  Advise management whether component should be purchased

Considering cost criteria only, advise management whether above component should be purchased from Trigger pie. Any calculations should be shown and assumptions made, or aspects which may require further investigation, should be clearly stated.

  Prepare a single-step pro forma income statement for company

Prepare a single-step pro forma income statement for Calcor Company for the year ended November 30, 2010, assuming that Calcor's planned actions would be carried out and that the 5% increase in unit sales would be realized.

  1in the coming week-long mid-term break toni has the option

1.in the coming week-long mid-term break toni has the option of either to work as an intern at the asia competitive

  Compute the break-even point

How many dollars of revenue must K-Henry's find in order to reach the break-even point? Evaluate the price be if the company expected a volume of 120,000 units and used a markup of 50%?

  Why a standard cost system may negatively impact

Describe several ways that a standard cost system strengthens management cost control. Describe at least two reasons why a standard cost system may negatively impact the motivation of production employees.

  Managerial accounting vs financial accounting

Managerial accounting vs financial accounting - statement relates to managerial accounting (MA) or financial accounting (FA):

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