What types of cost information are reported

Assignment Help Financial Accounting

Reference no: EM13131859

types of cost information need to be reported to support different managerial purposes and decisions. In a paper of 2–3 pages, discuss the following:

What types of cost information are reported to support managerial purposes and decisions?

Describe 2 major categories of purposes that are supported by cost information.

Describe how cost information supports both of these categories.

What is a cost object and how is it used by the management accountant?

Explain how to arrive at the derivation of cost.

Reference no: EM13131859

Questions Cloud

Interest on beginning capital balances : Jones, Silva, and Thompson form a partnership and agree to allocate income equally after recognition of 10% interest on beginning capital balances and monthly salary allowances of $2,000 to Jones and $1,500 to Thompson. Capital balances on January..

Linear programming-optimal assignment : An electronics firm produces electronic components, which it supplies to various electrical manufacturers. Quality control records indicate that different employees produce different numbers of defective items.

Find probability that exactly twelve of favor building : If 14 citizens of the neighborhood are chosen. A. Find the probability that exactly 12 of them favor building the police substation.

What would be the amount of income before taxes : the amount of income taxes paid would be $300 greater if the average cost assumption were used, what would be the amount of income before taxes under the average cost assumption?

What types of cost information are reported : types of cost information need to be reported to support different managerial purposes and decisions. What types of cost information are reported to support managerial purposes and decisions?

Words essay about othello by william shakespeare : minimum 1000 words essay about Othello by william shakespeare !! doublespace 12 size!!

What is the final volume of the gas : A 36.4 l volume of methane gas is heated from 15 degrees C to 98 degrees C at constant pressure. what is the final volume of the gas?

How do indirect costs affect the cost of a product : 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? Why or why not?

Write the generator matrix : Write the generator matrix. Show by example that your code will detect 1 error, 2 errors, and 3 errors. Give an example where 4 errors are made in transmitting a message word, but your code does not detect any errors.

User Account

All Pages