How do responsibility reports differ from budget reports

Assignment Help Cost Accounting
Reference no: EM13888033

1. Distinguish between controllable and noncontrollable costs.

2. How do responsibility reports differ from budget reports?

3. What is the relationship, if any, between a responsi- bility reporting system and a company's organization chart?

4. Distinguish among the three types of responsibility centers.

Reference no: EM13888033

Questions Cloud

Write a research paper about remote patient monitoring : Write a research paper about Remote Patient Monitoring (RPM). Definition of Remote Patient Monitoring (RPM)?  Advantages of Remote Patient Monitoring
What cost are included in performance report for cost center : What costs are included in a performance report for a cost center? In the report, are variable and fixed costs identified? How do direct fixed costs differ from indirect fixed costs? Are both types of fixed costs controllable?
How much are interest payments as a percentage of gdp : A country has GDP of 10bn pesos and its government has borrowed 1bn pesos of money domestically and $4bn in U.S. dollars. The exchange rate is $1 = 1 peso. Interest rates are 10% on peso denominated debt and 5% on dollar denominated debt. What ..
Compute a stationary spot price equilibrium : Compute a stationary spot price equilibrium, (x0 , x1, P , r , G, T), with r = P = 1. Check that tax payments equal the interest on the government debt.
How do responsibility reports differ from budget reports : How do responsibility reports differ from budget reports? What is the relationship, if any, between a responsi- bility reporting system and a company's organization chart?
Pizza hut is the world''s largest pizza chain : It's no surprise that Pizza Hut is the world's largest pizza chain with more than 10,000 restaurants in 100 countries.
Demonstrate critical thinking by accurately interpreting : Demonstrate critical thinking by accurately interpreting the evidence (scholarly sources) provided
How may the fixed and variable costs be expressed : At 10,000 direct labor hours, the line drawn from the total budgeted cost line intersects the vertical axis at $85,000. How may the fixed and variable costs be expressed?
What is the effective exchange rate : The Republic of Argent does 50% of its trade with Eurasia and 50% with Oceania. Over the last three years, the currency has risen from 1 to 1.1 and then to 1.3 against the Oceania dollar. However, against the Eurasian euro it has fallen from 1 to ..

Reviews

Write a Review

Cost Accounting Questions & Answers

  Evaluate the maximum amount

Evaluate the maximum amount the company could be willing to pay an outside supplier per unit for the part if the supplier commits to supplying all 30,000 units need each year?

  Petes pet products is a sole proprietorship owned by pete

petes pet products is a sole proprietorship owned by pete thompson. the store provides a full-line of pet products

  In the present year orion corporation e amp p of 2 million

in the present year orion corporation e amp p of 2 million distributes all of its property in a total liquidation.

  Difficulties in financial statement analysis

Many assets are presented at historical cost. Why does this accounting principle cause difficulties in financial statement analysis?

  Calculate the payback period and rate of return

Calculate the following and rank the projects from best to worst for each metric. Payback period, Rate of return, Net present value, Profitability index and Internal rate of return.

  What is mcdonald contribution margin and ratio

What is McDonald contribution margin and what is McDonald's contribution margin ratio

  High-low method predicting costecheverria sa is an

high-low method predicting costecheverria sa is an argentinian manufacturing company whose total factory overhead costs

  Calculate the weighted average cost of debt

Calculate the Weighted Average Cost of Debt

  Explain value chain of farming business

The cost of innovation has a straight impact on marketing, service and sales section in the value chain. Without sales and growing market share.

  Create journal entries to record the issuance of 100000

create journal entries to record the issuance of 100000 shares of common stock at 20 per share for each of the

  Acme supply sells cooking supplies to restaurants via six

acme supply sells cooking supplies to restaurants via six wholesale outlets in the metro area. the company wants to

  How much gross profit will apache recognize

Apache has no significant obligations to perform services after the sale - How much gross profit will Apache recognize in both 2013 and 2014 applying the cost recovery method?

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