What use is cost information to companies

Assignment Help Accounting Basics
Reference no: EM133157189

Question - One of the criticisms of full costing is that very few companies are in a position to set prices on a cost-plus basis. They have to accept the market price. What use is cost information to companies that are 'price takers'?

Reference no: EM133157189

Questions Cloud

What is the current bond price : The bonds make annual payments and have a par value of $1,000. If the market rate of interest applied on these bonds is 6%, what is the current bond price
Most common form of performance evaluation : The HR director at Clearwater Electronics has been tasked with leading a performance review of all supervisors in the company. The board specifically wants the
Conduct capability assessments for target australia : Target Australia began as a drapery store in 1926 in Geelong, Victoria, and has since grown to become a national apparel and general merchandise retailer with 2
Shaping employee voice in the workplace : Institutions are crucially important in protecting workers' right. Critically examine the roles played by supranational institutions in protecting expatriate wo
What use is cost information to companies : One of the criticisms of full costing is that very few companies are in a position to set prices on a cost-plus basis. What use is cost information to companies
Briefly describe the purpose of counselling : Briefly describe the purpose of counselling Briefly describe how counselling has evolved as a helping relationship Briefly describe the role counselling plays w
Manage and prioritise the different aspects of work : Manage and prioritise the different aspects of work - develop yourself and your team to maintain competence
Calculate the price of the shipment in cad : Ms. Kim owns a business in Ontario, but 90 percent of her business is exported to Japan. She has a contract with a Japanese company to sell 450 000 Japanese Yen
Similarities and differences of the required competencies : Examine the recruiting advertisements of two similar service-oriented organizations. Then go to the companies' websites and examine their stated human resources

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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