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Illustration of Graphic Analysis
The four steps of cost-volume-profit analysis can be employed to graph and study any cost-volume relationship. Suppose that you have been asked to estimation the cost of 400 units specified the following data:
Solution:
The estimated cost will be $ 150.000.
Variances Analysis Variances are the differences between actual results and expected results. Expected results are the standard costs and standard revenues. Price, rate and
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Describe the method of drawing a break even chart. 1) volume of production/output or sales is plotted on horizontal axis , i. e y - axis . the volume of sales or production ma
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1.The acquisition of Company B was financed by Company A with cash and by issuance of 2M common shares for $100M. Company A forgot to record the stock issuance
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State the steps for Standard costing system standard costing system involves the following steps 1) Setting-up of standards for each element of cost: standards should be s
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