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CVP and Computer Applications
The broad availability of personal computers encourages more managers to apply cost volume profit analysis. Computers can quickly create the computations for changes in the assumptions recognizing proposed projects as an example of, computer spreadsheets permits managers to find out the most profitable combination of selling process, fixed and variable cost volume. A manager enters into the computer various numbers for price and cost in an equation based on CVP associations to yield target income for each combination since a computer's speed and accuracy in providing this information the manager can choose the most profitable actions.
Direct material yield variance (MYV) : It has been described by the ICMA, London, as 'the variation between the standard yield of the actual material input and the actual yi
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What is the major value of the weighted cost of capital calculation for the firm?
Attainable Standards and Current Standards Although the standard must be set high sufficient that achievable and it has to be worked for. Attainable standards must provide a c
The following data relate to three joint products: A B C
Which method of measuring costs associated with production is more widely used in practice A. Normal Costing B. Actual Costing C. Both are used equally D. Neither one
what are the features of uniform costing
Q. Calculate contribution to sales ratio? Contribution per unit= sales price per unit less variable cost per unit Break-even volume = Fixed overhead/Contribution per uni
You are the CFO of a Hospital. Suppose that your projected average daily reimbursement is $100, 000 and your average collection day is 40 days. What is your hospital's annual cost
Estimate Fixed Overhead Variances Referring to data, we can estimate the fixed overhead variances as given below: Budget for December 2003;
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