User Account

All Pages

Identify a way that john can turn potential fixed costs

Assignment Help Managerial Accounting
Reference no: EM13938419

John Diaz owns Pacific Electric, a large electrical contracting firm that provides services to building construction projects. The company has 2,000 employees and operates in three western states. Recently the company experienced large losses due to a downturn in the economy and a slowdown in construction. John thinks the losses were particularly large because his company has too much fixed cost. 

Required:

a. Expand on Johns thought. How are the large losses related to fixed costs?
b. Identify a way that John can turn potential fixed costs into variable costs. 

Reference no: EM13938419

Questions Cloud

Issues that came to light from the francis report : Your next objective in this assignment is to consider whether the issues that came to light from the Francis Report and in turn commented on by Mark Hayter, spread beyond the boarders of the United Kingdom. Does the nursing profession in Australia..
Overview of information security fundamentals : This assessment task is based on the following topics discussed in the subject: the overview of Information security fundamentals, security threats, cryptography, malicious software and its countermeasures, operating system security and software ..
What is the difference between type-1 and type-2 diabetes : Drugs for type-1 diabetes replace what substance that is not naturally available in the patient's body? What is the difference between type-1 and type-2 diabetes?
Summary included with most journals articles : Abstracts: For the purpose of this class, an abstract is a written summary and critique of an article Published in a scholarly journal. It differs from the brief summary included with most journals articles (often labeled "Abstract") in that it in..
Identify a way that john can turn potential fixed costs : Expand on Johns thought. How are the large losses related to fixed costs? Identify a way that John can turn potential fixed costs into variable costs.
Why would third-degree heart block cause bradycardia : What is third-degree heart block? What would the EKG tracing of someone with third-degree heart block look like?Why would third-degree heart block cause bradycardia?
Compute the amount of depreciation expense for first year : Compute the amount of depreciation expense for the first and second years of the system's life using the units-of-production depreciation method.
Search the web for news on computer security breaches : Search the web for news on computer security breaches that occurred during April-August 2015. Research one such reported incident. Prepare a report focusing on what the problem was, how and why it occurred and what are the possible solutions.
Locate the position of the basketball : If photons of green light (wavelength=530 nm) are used to locate the position of the basketball (thrown with a velocity of 30 m/s) with precision of one wavelength of the green light, what would be minimum spread in the speed of the baseball?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  The types and amounts of occupancy costs recorded

Harmon's has several departments that occupy all floors of a two story building that includes a basement floor. Harmon rented this building under a long term lease negotiated when rental rates were low.

  Computer controlled manufacturing systems

As companies move to computer controlled manufacturing systems, what happens to the mix of product costs (direct material, direct labor, and manufacturing overhead)?

  Activity based costing-academic approach

What kind of organization or company would employ Activity-based costing? What are the limitations of Activity-based costing?

  Importance of operating cycle

What is an operating cycle? Why is it important? What are some methods your organization uses to improve the operating cycle?

  Prepare the journal entries for all three years

The White Company uses the completed-contract method of accounting for construction and has the  data relating to a 3-year project

  Determining the defense budget

Recognize tools for changing the budget and describe the process. Do you think this process is proper, or do you think it lets changes to be made without proper oversight?

  How would you summarize apples cash flow position

How would you summarize Apples cash flow position and what does this statement tell you about where the money is coming from and where it's going? What should Apple do to improve its cash position and why?

  Prepare all required journal entries

Prepare all required journal entries, being certain to indicate the type of fund in which each entry would be made.

  Determine the number of equipment units of production

Direct materials are placed into process at the beginning of production. Determine the number of equipment units of production with respect to direct materials and conversion costs.

  Golden corporation''s financial statements

1.Refer to Golden Corporation's financial statements and related information in Problem 16- 4A. In Problem 16- 4A, Golden Corp.,

  Mission roofing managerial accounting-excess capacity

Mission Roofing performs roofing services for commercial clients. The company recently submitted a bid of $371,000 to the Shawnee School System, computed as follows:

  How much net operating income would increase

A study by the sales manager discloses that a 15% increase in the selling price would reduce unit sales by 10%. If her proposal is adopted, how much net operating income would increase?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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