What factors make a reasonable and useful assumption

Assignment Help Managerial Accounting
Reference no: EM132758414

Problem 1: The simplifying assumption that costs and volume vary in straight-line relationships makes the analysis of cost behavior much easier. What factors make this a reasonable and useful assumption in many cases?

Reference no: EM132758414

Questions Cloud

Important to employee training and development : Why is the topic important to employee training and development? Giving at least three reasons, supported by at least two scholarly resources
Prepare journal entries for both flounder and shamrock : Prepare journal entries for both Flounder and Shamrock/ Flounder Corp. sold $794,000 of accounts receivable to Shamrock, Inc. on a without recourse basis
Discuss the three types of financial management decisions : Discuss the three types of financial management decisions. For each type of decision ,give an example of a business transaction that would be relevent.
What is the NPV of the replacement project : Assume the firm's tax rate is 30% and the discount rate for projects of this sort is 11%. What is the NPV of the replacement project
What factors make a reasonable and useful assumption : Straight-line relationships makes the analysis of cost behavior much easier. What factors make this a reasonable and useful assumption in many cases?
What do followers expect from leader : What do followers expect from a leader? What do leaders expect from followers? Identify a strategy to increase the leadership satisfaction rating.
Solve the discount or premium for fruit inc : On January 1, Year 5, Fruit Inc., Solve the discount or premium (state which one) and explain (along with allocation of dollar values) how it is allocated.
Determine the maturity value of the note : Norton Company received a 90-day, 6% note for $300,000, dated May 12 from a customer on account. Determine the maturity value of the note
By how much will this increase project NPV : Suppose the firm can cut its requirements for working capital in half by using better inventory control systems. By how much will this increase project NPV

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