What assumption is implicitly made about cost behavior

Assignment Help Managerial Accounting
Reference no: EM13962917

1. What assumption is implicitly made about cost behavior when a static planning budget is directly compared to actual results? Why is this assumption questionable? 

Reference no: EM13962917

Questions Cloud

Create a plan to implement a firms strategy : Create a plan to implement a firms strategy and manage the change from current operations - Describe strategic planning techniques used to formulate alternative strategies designed to achieve stated business goals.
Walker county health trends memorandum : You get a text message from your Medical Director.  As usual he is moonlighting in Huntsville.  He has decided that he is spending so much time there, he may want to buy a condo.  But before he does, he wants to check on health conditions in the area..
What is primary net productivity : What is primary net productivity? which biome has higher net primary productivity: tropical rain forest or tundra
What is rcra mixture rule : What is RCRA's Mixture Rule? If a corrosive waste were mixed with a nonhazardous waste and the resulting mixture is no longer corrosive, would the mixture be considered hazardous? Why, or why not
What assumption is implicitly made about cost behavior : What assumption is implicitly made about cost behavior when a static planning budget is directly compared to actual results? Why is this assumption questionable?
Definition of solid waste decision tool : For this assignment, you will use the Definition of Solid Waste (DSW) Decision Tool to answer the following questions: The waste your company creates in a process is on the EPA's F-list. It has the following characteristics: None of the ingredients..
Prepare a flexible budget for that level of activity : During March, the company's activity was actually 190 diving-hours. Prepare a flexible budget for that level of activity.
The length of time a system is down : The length of time a system is "down" (that is, broken) is described (approximately) by the probability distribution in the Table 7.6.2. Assume that these downtimes are exact. That is, there are three types of easily recognized problems that always t..
Linear programming model for determining leasing : Create and solve a linear programming model for determining the leasing schedule that provides the required amounts of space at minimum cost.

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