Type of costing system

Assignment Help Managerial Accounting
Reference no: EM1349954

Describe the costs and processes involved in making your firm's product or providing their service, and state what type of costing system might be used (job order, process or hybrid costing)

Reference no: EM1349954

Questions Cloud

Calculate the expiration value of warrants : The Clayton Company has warrants outstanding that permits holder to buy one share of common stock per warrant at $30. Calculate the expiration value of Clayton's warrants if the common stock is currently selling at $20 per share?
Find the four components of the conflict process : Explanation to management question - Find the four components of the conflict process.
Studies of cognitive maps : What do the studies on cognitive maps involving rats, bees, and pigeons teach us about human cognition? Give some examples of how we use cognitive maps in a similar way as the creatures in the experiments do.
Algorithm for string of numbers recognize all the substrings : Write down algorithm, using pseudocode, to perform the following task, Given a string of numbers, recognize all of the substrings that form numbers that are divisible by 3.
Type of costing system : Describe the costs and processes involved in making your firm's product or providing their service, and state what type of costing system might be used (job order, process or hybrid costing)
Determine the cause of significant variances : At the beginning of the year, Frigicor estimated that corporation would produce 480 refrigeration units during the year. Yearly fixed overhead costs were estimated to be $600,000,
Calculate the change in electric potential energy : calculate the average acceleration in m/s^2 (meter per second square), using a coordinate system with the X axis in the direction of the car's original motion and the Y axis toward the side of the road to which the car skids.
Explain how difficulty will it be for the owner to plan : Explain how difficulty will it be for the owner to plan for this new competitive threat.
Important information about managing people : Find examples of how business are being affected by and/or are dealing with issues and will also talk about a country, sports team or a political situation

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Advises the payroll department

The payroll bank account is reconciled by the chief accountant, who also prepares the several quarterly and annual tax reports.

  Determing cost driver-computing cost

What is the appropriate cost driver for allocating overhead to pizzas in Year 1? Using normal costing, compute the cost of each of the 336,033 meat pizzas produced in year 1. Was overhead over-or under applied during the year? By how much? Why do yo..

  Question on managerial accounting-uncollectible accounts

Uncollectible accounts expense is determined by the direct write-off method. Which of the following will be amount of uncollectible accounts expense?

  Cash conversion cycle of daniels corporation

Daniels Corporation has $15 million of sales, $2 million of inventories, $3 million of receivables, and $1 million of payables.

  Relevant costs for progressive business solutions

Two partners who own Progressive Business Solutions, which currently operates out of an office in a small town near Boston, just discovered a vacancy in an office building in downtown Boston.

  Projected sales-budgeting-flexible vs static budget

Projected Sales is the budgeting technique to aid companies project the budget for future term. What takes place if this figure is significantly wrong?

  Determining cost functions for manchester foundry

Manchester Foundry produced 45,000 tons of steel in March at a cost of £1,150,000. In April, the foundry produced 35,000 tons at a cost of £950,000. Using only these two data points, determine the cost function for Manchester following the instruc..

  Differences between direct cost and indirect cost

What are the differences between a direct cost and an indirect cost? Which is the more difficult cost to track? Why? How do indirect costs affect the cost of a product? Should indirect costs be included in product cost?

  Flexible budget-cost-volume-profit analysis

Describe how a flexible budget lends itself to cost-volume-profit analysis.

  Questions of cvp

The rapid meal has two restaurants that are open 24 hours. Fixed costs for the two restaurants together total $450,000 per year. Service varies from a cup of coffee to full meals.

  Determining amount received on bond issue

Clancy Inc. issues $2,000,000 of 7% bonds due in 10 years with interest payable at year-end. The current market rate of interest for bonds of similar risk is 8%.

  Managerial competencies for strength

Which program outcome do you think might add the most value for you? Which managerial competencies reflect current strengths for you?

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