What is the cost formula for monthly shipping cost

Assignment Help Managerial Accounting
Reference no: EM13940384

1. Why is knowledge of cost behavior important for managerial decision making? Give an example to illustrate your answer.

2. What is a driver? Give an example of a cost and its corresponding output measure or driver.

3. Suppose a company finds that shipping cost is $3,560 each month plus $6.70 per package shipped. What is the cost formula for monthly shipping cost? Identify the independent variable, the dependent variable, the fixed cost per month, and the variable rate.

4. Some firms assign mixed costs to either the fixed or variable cost categories without using any formal methodology to separate them. Explain how this practice can be defended.

Reference no: EM13940384

Questions Cloud

A statement telling the user if they get a discount or not : The program asks the user if they have pre-registered for a conference. If the user has pre-registered, the program should call a method named discount () that displays the message "You are pre-registered and qualify for a 10% discount.
Motivate staff through formal appraisal of performance : Explain how you as a manger can motivate staff through this formal appraisal of performance and how self- appraisal by the staff member can also motivate future performance
Expects to generate net income : Nielson expects to generate net income of $20 million over the next year. Currently Nielson has 8 million shares outstanding and its stock is trading at $20.00 per share. Nielson's EPS is closest to __________.
What is the implied value of the firm growth : What is the stock selling for?  If earnings are $3.10 a share, what is the implied value of the firm's growth opportunities?
What is the cost formula for monthly shipping cost : Suppose a company finds that shipping cost is $3,560 each month plus $6.70 per package shipped. What is the cost formula for monthly shipping cost?
The writer of a call option : The writer of a call option has
Websites for an unethical business practice : 1) Browse through the following url or any other journal sites and websites for an unethical business practice.
What are the salary ranges of these careers : What career opportunities are available for individuals who obtain a degree in criminal justice? What are the salary ranges of these careers?
What is the firms debt and assets ratio : The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. W..

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Current liabilities from cash and cash equivalents

pay its current liabilities from cash and cash equivalents

  Cornerstone of internal control for safeguarding assets

Explain in your own words why separation of duties is often described as the cornerstone of internal control for safeguarding assets. Describe what can happen if the same person has custody of an asset and also accounts for the asset.

  Identify the costs and benefits of the organisation

Demonstrate their ability to research, critically analyse trends and issues in creating and managing a learning organisation in Australia today.

  Discuss the ethics of this practice

Discuss the ethics of this practice. If you were the CFO of this company, how might you go about implementing the strategy of not paying bills? (Deliverable length 200 words with the references)

  Calculate the npv of the proposed investment

Calculate the NPV of the proposed investment, using the inputs suggested in this case. How sensitivity is this NPV to future sales volume?

  Entries for issuing installment note transactions

Entries for issuing installment note transactions - Journalize the entries to record the transactions

  Variable costs include salaries of the maintenance workers

The maintenance department's costs are allocated to other departments based on the number of hours of maintenance use by each department. The maintenance department has fixed costs of $500,000 and variable costs of $30 per hour of maintenance provide..

  Identification of the professional accounting management

Identification of the professional accounting, management and/or public relations issues in your workplace. How do you applied knowledge from this degree study in solving your workplace problems, including appropriate analysis and justification.

  Retail inventory method to estimate its monthly inventories

Dixon Books uses the retail inventory method to estimate its monthly ending inventories. The following information is available for two of its departments at October 31, 2015.

  Journalize all entries - eghan corporation

Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable. Eghan Corporation uses straight-line depreciation.

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company as of April 30 and calculate the amount of over- or under-applied overhead and what is the significance of this over- or under-applied amount of overhead?

  Explain the problem that the managers of the organization

An introductory paragraph which explains the purpose of the memo and summarizes the analysis that you have conducted, your findings and your recommendations.

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