Which disadvantage of the high-low method of mixed cost

Assignment Help Accounting Basics
Reference no: EM132833763

Problem 1: A disadvantage of the high-low method of mixed cost analysis is that:

A) It cannot be used when there are a very large number of observations.

B) It is too time consuming to apply.

C) It uses two extreme data points, which may not be representative of normal conditions.

D) It relies totally on the judgment of the person performing the cost analysis.

E) None of the above

Reference no: EM132833763

Questions Cloud

Increase liquidity in the financial system : In times of financial crisis, central banks increase liquidity in the financial system. Why do central banks apply this?
Prepare the journal entries for december for max company : Assuming the bonds are classified as "Trading", prepare the journal entries for 1/1/21, 12/31/21, and 1/1/22. You may omit (leave out) the closing entries.
What was the firm net income : If accruals increased by $15,000, receivables and inventories increased by $50,000, and depreciation and amortization totaled $25,000, what was firm net income
How the pandemic affected the short-run output : Please discuss how the pandemic affected the short-run output. In your discussion, please refer to the IS curve and discuss how the health crisis affected.
Which disadvantage of the high-low method of mixed cost : Which disadvantage of the high-low method of mixed cost analysis is that? It uses two extreme data points, which may not be representative of normal conditions.
What is government doing now that you disagree with : Regulations, what do you think is the proper role of government? In your answer, you might address the following: What is government doing now that you agree.
Prepare the adjusting entries required at october : The Toronto Huskies, Prepare the journal entries for September and the adjusting entries required at October 31 for the transactions
Record any adjusting entries required on december : Record any adjusting entries required on December 31, 2019. Thiessen Tutoring Services provides in-home tutoring services to elementary school students.
What was its charge for depreciation and amortization : It had $1.5 million of interest expense, and its corporate tax rate was 25%. What was its charge for depreciation and amortization

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