Indirect cost with regard to the units produced

Assignment Help Cost Accounting
Reference no: EM132106837

Why is "rates paid in relation to the factory premise" is "fixed cost, product cost and indirect cost with regard to the units produced"? If with regard to the units produced, i suppose it should be variable cost.

Reference no: EM132106837

Questions Cloud

Define the culture of scholastic achievement : How do you now define the "culture of scholastic achievement"? You do not need to answer all these questions; they are just meant to get you started!
What are the ramifications to money supply : What are the ramifications to money supply when and if the pound rises and and an intervention occurs to limit the foreign exchange markets?
Device in reviewing an entity performance : In what reasoning would one consider Receivables Collection Period a useful device in reviewing an entity's performance?
Income tax rates affect consumption : Given the Keynesian consumption function, how would a cut in income tax rates affect consumption?
Indirect cost with regard to the units produced : Why is "rates paid in relation to the factory premise" is "fixed cost, product cost and indirect cost with regard to the units produced
Which commercial do you think is most ethical : Which commercial do you think is most ethical? Why? Would you make any recommendations to either Dove or Unilever to make their commercials more ethical?
Deal with risk and uncertainty : In the Cost-Volume-Profit analysis, what are the ways management can deal with risk and uncertainty? Discuss with reasoning.
Tarnished reputation for a business or organization : What promotion would be efficient when employed at fixing a tarnished reputation for a business or organization?
What amount do you need to invest now : If you want to have $20,000 at the end of each year for 9 years, and you know you can get 9% interest, what amount do you need to invest now

Reviews

Write a Review

Cost Accounting Questions & Answers

  Which location would minimize the total costs

Which location would minimize the total costs, given an annual productoi of 50,000 units? For what levels of manufacture and distribution would each location be best?

  Differences between the way gaap and ifrs operate

Currently, the United States is working towards a convergence with International Financial Reporting Standards (IFRS). There are certain similarities and differences between the way GAAP and IFRS operate.

  Compare the two companies cost structures

Suppose that both companies experience a 20 percent increase in sales volume. By how much would each company's profits increase

  What risks are there to lily company

The preliminary earnings number for the year is very high, far higher than expected. However, Lily's board is concerned about future years; there is some indication of unsettled business conditions ahead.

  Prepare an income statement for the year ending

Prepare an income statement for the year ending May 31, 2005 and prepare a retained earnings statement for the year ending May 31, 2005.

  Advantages of accrual accounting

Explain why the advantages of accrual accounting outweigh the disadvantages of ‘earnings management' - How would the use of ‘cash accounting' rather than ‘accrual accounting' reduce ‘earnings management'

  Compute the annual breakeven number of meals and sales

How many meals must the Homs serve each night to earn their target income of $75,600? Should the couple open the restaurant?

  Determine the eps and the diluted eps for peak performance

Determine the basic EPS and the diluted EPS for Peak Performance

  Determine the price for this job

The company has just received a contract calling for another SO units of production. It wants to add a 50 percent markup to the cost of materials and labor and labor-related costs. Determine the price for this job.

  Define a traceable fixed cost of a product line

Armco, Inc., produces and sells five product lines. Which of the following costs would typically be a traceable fixed cost of a product line

  Impact on the companys overall profit

If the special order were accepted, what would be the impact on the company's overall profit?

  Prepare a schedule of the cost of finished goods

Prepare a schedule of the cost of finished goods manufactured - What is the average per-unit cost of manufacturing this product?

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