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Cost behaviour has already changed as covid 19 has almost destroyed the business all over the world. Due to complete or partial closure of entites, fixed costs have increased per unit.
Question 1: Critically evaluate the cost composition of any one organizations and prepare comprehensive report catering the activities before and during the pandemic?
Identify 5 costs involved with the product or service and complete the following question. Explain the cost behavior as either variable, fixed or mixed.
Prepare journal entries for the end of the year based on the information and prepare the entry to record the gross profit realized in the current year.
When all issues related to the decision are considered, what is your recommendation regarding the final allocation amounts?
Type of adjustment - Status of the accounts before adjustment
What amount did True pay when it purchased Exacto's shares and what was the fair value of Exacto's net assets on January 1, 20x5?
Customer A order 600 shirts. Is the additional costs incurred totalled $1.00 per t-shirt for making the t-shirt sleeveless a indirect cost? Why?
Explain the relation of cost accounting to Financial and Management Accounting and how it helps management in decision making.
the income statement showed a loss of $6,000 from the sale of investments. Reconcile a net income of $90,000 to net cash flow from operating activities.
Prepare a flexible budget performance report that shows both activity variances and revenue and spending variances for the pizzeria for November.
Identify and explain changes to the report that would make the cost information more meaningful to the production managers.
Compute the activity rate for each activity cost pool and determine the amount of overhead cost that would be applied to each model using the activity-based
Weighted Average Cost of Capital and Economic Value Added El Suezo Inc. What is the weighted cost of capital for El Suezo? Calculate EVA for El Suezo.
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