Why do managers consider direct costs to be more accurate

Assignment Help Financial Accounting

Reference no: EM132767544

Problem 1. Define cost object, and give three examples.

Problem 2. Define direct costs and indirect costs.

Problem 3. Why do managers consider direct costs to be more accurate than indirect costs?

Problem 4. What is a cost driver? Give one example.

Reference no: EM132767544

Questions Cloud

How do find the intrinsic value of xyz stock : The dividend growth rate settles, Dividends are expected to grow at 40% for 2 years, then at 15% for another 2 years. Find the intrinsic value of XYZ stock.

Record the july transactions shown in specialised journals : Record the July transactions shown below in the Specialised Journals provided below. Note: All sales and purchases are made on credit

How much depreciation expense should the redbirds take : The Rhode Island Redbirds organization, How much depreciation expense should the Redbirds take in the first year, if straight-line is being used?

Which slightly inaccurate sales forecast : Which slightly inaccurate sales forecast, since it comes at the beginning of the budgeting process? has a distorting effect on the other estimates in the budget

Why do managers consider direct costs to be more accurate : Define direct costs and indirect costs. Why do managers consider direct costs to be more accurate than indirect costs? What is a cost driver? Give one example.

What annual interest rate must earn to reach the goal : What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? Do not round intermediate calculations.

How many units s corp should sell to get : The manager of S corp. try to achieve 22% of return on investment. How many units S corp. should sell to get 22% of ROI? Total fixed costs $200,000

Make all necessary journal entries to record the issuance : Make all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2017, assuming that the bonds sold at 98.

What is the current value of a x-tech preferred share : What is the current value of a X-Tech preferred share? X-Tech issued preferred shares many years ago. They carry a fixed dividend of $8 per share.

User Account

All Pages