Explain the difference between variable and fixed costs

Assignment Help Managerial Accounting
Reference no: EM132962705

Questions -

Q1- Explain the difference between variable and fixed costs. Give an example of each.

Q2- What are the advantages of using variable costing and the contribution approach?

Reference no: EM132962705

Questions Cloud

Calculate earnings of workers : Calculate earnings of 3 workers A, B and C under the Merrick's plan of piece rate system given the following: Standard production 120 units
What is the company cost of common equity : What is the company's cost of common equity? The firm could sell, at par, $100 preferred stock which pays a 8 percent annual dividend
What is the pre-money valuation for the series D funding : You invested $110,000 of your own money and received 5.5 million shares of Series A preferred stock. What is the pre-money valuation for the Series D funding
Find what is the company free cash flow for the year : The company's operating income for the year is $245.80 million, What is the company's free cash flow for the year if its tax rate is 25%?
Explain the difference between variable and fixed costs : Explain the difference between variable and fixed costs. What are the advantages of using variable costing and the contribution approach
Explain the basics of the operating model for cybersecurity : Explain the basics of the operating model for cybersecurity to include people, processes, roles/responsibilities, and internal regulatory framework
What is the company horizon value for bucephalus associates : What is the company's horizon value? You are a new analyst at Bucephalus Associates and your team leader has asked you to estimate the horizon value
What is the free cash flows : Capex in 2019 is the increase in PPE net in 2019 vs 2018, plus Depreciation in 2019. What is the free cash flows in 2019
What is the company value of operations : What is the company's value of operations? An analyst is estimating the market value of Geologic Inc. and has decided on a planning period of 3 years.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  How many units should the company sell to make adding

How many units should the company sell to make adding the additional line economically feasible/attractive? Adding this line will require hiring different type

  What options are available to change

Dr. King is unhappy with the bottom line of this budget, what options are available to change it? Which options seem the most feasible to implement?

  Question 1 hackerott camera is considering eliminating

question 1 hackerott camera is considering eliminating model ae1 from its camera line because of losses over the past

  Description of operating cycle

Determine the length of the inventory conversion period. Determine the length of the receivables conversion period. Determine the length of the operating cycle. Determine the length of the payables deferral period.

  What time does simmons arrive home

What time does Simmons arrive home? What is the value-added ratio? Round your percent to one decimal place.

  Explain what know about the cost accounting system

Why is management accounting needed in manufacturing companies? Explain what you know about the cost accounting system?

  What are australian post managerial issue

Australian post on how the managerial issues identified can be tackled or how the organisation concerned can improve its performance.

  Determine rent based on square feet occupied

Determine and calculate rent based on square feet occupied (the attached bathrooms would be part of the square footage measurement).

  What is the equilibrium price

What is the equilibrium price? What is the equilibrium quantity? Hint: Equate Qd = Qs. Solve for the equilibrium price and then the quantity

  Discuss the significant of having margin in safety

Margin of safety is the excess of budgeted sales over the break-even volume of sales. Discuss the significant of having margin in safety by giving an example.

  Find what is the profitability index for each project

If the opportunity cost of capital is 12% what is the profitability index for each project? The following are cash flows of two projects

  Discuss what is meant by the terms margin

Discuss what is meant by the terms margin and turnover in ROI calculations. Give the ratios in a formula format and use real numbers to show

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