Explain the logic of your classification

Assignment Help Cost Accounting
Reference no: EM13490653

It is time for the annual budgeting process at your call center company. To kick-off the process, all the department managers and the plant accountant are meeting to discuss the budgeting process.

In your department, the department which receives incoming customer phone orders, the accountant has given you the following information:

Expense 1

salaries

Expense 2

temporary help

Expense 3

office supplies

Expense 4

utilities

You know from experience that some of these expenses seem to go up or down as factory volume goes up or down, while others stay pretty constant.

For each expense category:

  • classify it as being fixed, variable, or mixed
  • explain the logic of your classification

In your own words, please post a response to the Discussion Board and comment on other postings. You will be graded on the quality of your postings.

 

Reference no: EM13490653

Questions Cloud

How long does the ball take to reach the sidewalk : Someone at a fifth-floor window (20 m above the ground) hurls a ball downward at 40.0° at a speed of 14.0 m/s. How long does the ball take to reach the sidewalk
Use the history of utility expenses provided : The company's CEO just returned from a seminar on management accounting and some new tools that can be used to assist in management of the business. One of the new tools she learned about is referred to ascontribution format income statements.
What is the direction of its velocity just before it lands : In Denver, children bring their old jack-o-lanterns to the top of a tower and compete for accuracy in hitting a target on the ground. what is the direction of its velocity just before it lands
Difference between an associate and a subsidiary : What is the difference between an Associate and a Subsidiary and and what is Goodwill and when is that applied - Prepare all journal entries assuming all application monies recognised on 28th May
Explain the logic of your classification : It is time for the annual budgeting process at your call center company. To kick-off the process, all the department managers and the plant accountant are meeting to discuss the budgeting process.
What is the force caused by the water on the bottom : A swimming pool has dimensions 36.0 m 8.0 m and a flat bottom. When the pool is filled to a depth of 1.90 m with fresh water, what is the force caused by the water on the bottom
Calculate the horizontal distance traveled by the projectile : A projectile is launched into the air with an initial speed of vi at a launch angle of 30 degrees above the horizontal. Calculate the horizontal distance traveled by the projectile
Why do you think that these measures were introduced : What is your view, giving a rational explanation to your view (you may use other sources to support your view, properly referencing). Why do you think that these measures were introduced?

Reviews

Write a Review

Cost Accounting Questions & Answers

  What would be the annual breakeven point in units sold

If sales commissions are discontinued and fixed salaries are raised by a total of $81,000, what would be the annual breakeven point in (a) units sold and (b) revenues?

  Fulfill the core accounting educational requirement

Fulfill the core accounting educational requirement to sit for the CPA exam and prepare to practice in public and private accounting position.

  Murdock company has a spanish subsidiary whose functional

murdock company has a spanish subsidiary whose functional currency is the euro.nbsp relevant translated data for the

  Evaluate the effect on the profit of the whole company

What would be the effect on the profit of the whole company, if the Training Centre was closed at the beginning of the New Year? Given the allocated costs at 10% of revenue, calculate the number of workshops that must be offered to break-even.

  Analytical exercisescenario abc company sells widgets in

analytical exercisescenario abc company sells widgets in three varieties red yellow and blue but has lost money for

  What was the depreciation expense for 2012

What is the interest expense for 2012, how much equipment was purchased during the year and what was the depreciation expense for 2012?

  Acceptance of the special order affect net income

Method of evaluating financial data that change under different courses of action - how would the acceptance of the special order affect net income?

  What is the new npv

NPV and Modified ACRS. Initial asset investment of $2.7 million, suppose the fixed asset actually falls into the 3-year MACRS class. All the other facts are the same. What is the project's Year 1 net cash flow now? Year 2? Year 3? What is the new ..

  In 2000 june a 75-year-old widow creates an irrevocable

in 2000 june a 75-year-old widow creates an irrevocable trust naming her five adult grandchildren as the beneficiaries.

  After researching the different forms of business

after researching the different forms of business organization mariam decides to operate cookie creations as a

  Compute the accounts receivable and inventory turnover ratio

Computation and evaluation of activity ratios. The following data relate to Alaska Products, Inc: 20X5 20X4Net credit sales $832,000 $760,000 Cost of goods sold 530,000 400,000 Cash, Dec. 31 125,000 110,000Average Accounts receivable 205,000 156,000

  Transform financial statements from barclays bank group

transform financial statements from barclays bank group limited to an xbrl gaap or ifrsinstance document. provide a

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