What is the cost object in this decision

Assignment Help Managerial Accounting
Reference no: EM133382641

Question: A computer manufacturer is deciding whether to produce a large monitor with a thin flat screen. One of the manage rs suggested that the incremental costs for this line of manufacturing will be primarily variable because the company currently has a lot of idle capacity.

Required a) What is the cost object in this decision? bl Is the accounting system likely to have the information needed to develop a cost function? Explain. cl What might be an appropriate estimation technique for this cost? Explain. d} What is the opportunity cost for using this idle capacity? Explain.

Reference no: EM133382641

Questions Cloud

How could this fraud have been detected : For the scenario provided answer the following four questions How could this fraud have been detected? How could you prove this fraud had occurred and Sue was
How can i influence upwards more effectively : How can I influence upwards more effectively? (Focus on leadership behaviors you can practice with those at a higher organizational level than you)
Describe two jobs lost via digital creative destruction : Describe two jobs lost via digital creative destruction and Provide two examples of material posted on social media that caused someone to lose their job
Examine your strengths and develop a plan for moving forward : Examine your strengths and develop a plan for moving forward. Please use the guide below as your framework and ensure all areas are addressed
What is the cost object in this decision : What is the cost object in this decision? Is the accounting system likely to have the information needed to develop a cost function? Explain.
Which activities do you seem to pick up quickly and why : University of South Florida Which activities do you seem to pick up quickly and why? Which activities bring you the greatest satisfaction and why?
Which month was more profitable for the company : Contribution Margin per unit in January and in March BEP in January and March in physical units and in monetary terms ($) Net income of the company
Determine the continuity at each of the points : Determine the continuity at each of the points. Use the definition of continuity at a point to determine if the function is continuous (or not) at each point
How much can jordan afford to spend on variable cost : Assume that Jordan desires to earn a $122,000 profit from the phone sales. How much can Jordan afford to spend on variable cost per unit if production and sales

Reviews

Write a Review

Managerial Accounting Questions & Answers

  How many cars should be produced in june

How many cars should be produced in June? Anticipated car sales for Yugo in the following months is planned to be: May 10,800 units, June 13,600

  What is the main weakness of the two systems

What are the main differences between the "Process Costing" and "Job Order Costing".? What is the main weakness of the two systems?

  Managerial report for phoenix computers

The main objective of Phoenix is the satisfaction of its staffing needs at minimum possible total cost viz. incremental training and salary cost during the period of 5 months starting from May and ending at September. Thus it is required to determine..

  Compute the direct manufacturing labor price and efficiency

Flexible budgets Madzinga's Draperies manufactures curtains. Compute the direct manufacturing labor price and efficiency variances for the quarter.

  What is walt corp gross income

Walt Corp. received the following in 2020: $46,000 payment for the provision of services. What is Walt Corp.'s gross income for 2020

  What is a cash budget how is it calculated

What is a cash budget, how is it calculated, and how might it be used when a firm is negotiating a loan from a bank?

  Calculate the annual savings per function through offshoring

Incremental ongoing technology costs and postage costs are charged to accounts payable, calculate the annual savings per function through offshoring.

  How many pounds of material were used in the current

The actual price per pound of material is $78; the standard price is $77.50 per pound. How many pounds of material were used in the current period?

  Prepare journalize the entry to record the flow of costs

Prepare On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for direct materials.

  Construct the company schedule of cost of goods sold

Construct the company's schedule of cost of goods sold for 20x2. The company closes overapplied or underapplied overhead into Cost of Goods Sold.

  How much fixed manufacturing overhead is in ending inventory

Benton Manufacturing produces snow shovels. The selling price per snow shovel is $31.00. How much fixed manufacturing overhead is in ending inventory

  Determine the total overhead cost

Determine the total overhead cost that would be assigned to each of the products listed above in the activity-based costing system

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