Find and identify at least two potential cost drivers

Assignment Help Managerial Accounting
Reference no: EM132648836

Suppose you have the responsibility of creating a cost function for the costs of an Internet service provider's help line.

Question A. What is the cost object? Identify where you might obtain information about past costs for the cost object.

Question B. Identify at least two potential cost drivers. Explain where you might obtain information about past volumes for each cost driver.

Question C. What other information would you like to obtain before estimating the cost function? How might you obtain that information?

Reference no: EM132648836

Questions Cloud

Write the equation of the indifference curve of joy : Write the equation of the indifference curve of Joy which passes through the combination (X, Y) = (2.8). Draw the indifference curve of Joy.
Describe the intention and content of the article : Describe the intention and content of the article. If it is a research report, discuss the research method (survey, case study, observation, experiment
Travel industry and chinese economic downturn : What does this news clip imply about the income elasticity of demand for travel in general, and for long- and short-haul destinations in particular?
Discuss the major barriers to entry into an industry : Explain how each barrier can foster either monopoly or oligopoly. Which barriers, if any, do you feel give rise to monopoly that is socially justifiable?
Find and identify at least two potential cost drivers : Find and Identify at least two potential cost drivers. Explain where you might obtain information about past volumes for each cost driver.
Reimportation of drugs back into the united states : Explain why these companies, for profit reasons, oppose laws allowing reimportation of their drugs back into the United States.
How much would unit cost be affected by the request : The ending inventory completion percentage from 20 to 40% to lower the unit costs, how much would unit cost be affected by this request?
Find utility combination of pizza and pepsi : Anita consumes both pizza and Pepsi. The following tables show the amount of utility she obtains from different amounts of these two goods:
Best explanation for change in market equilibrium : In 2018, the equilibrium price and quantity were P = $35 per unit and Q = 140 million units. In 2010, the equilibrium price and quantity

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!

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