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Semi Fixed Costs
Are costs along with both a variable and fixed cost component? The fixed component is such portion that is constant irrespective of the level of activity. They are variable in specific activity levels however are fixed in other activity levels, as displayed underneath:
Figure: Semi Fixed Cost
Controllable and Non Controllable Costs Controllable costs can be influenced on the level of authority at that they are being analyzed when non-controllable costs cannot.
are exploration costs of a mining company an asset or an expense
Keira Knightley Company buys a piece of equipment for $36,442 that will last for 7 years. The equipment will generate cash flows of $7,000 per year and will have no salvage value a
The level of activity at which total revenues eqivalent total costs. A point at which there is no profit and no loss.
Advantages and Disadvantages of Uniform Costing Advantages 1. It enables costs to be compared simply 2. It makes it easier to computerize the accounting system of d
Material Costs - Cost Accumulation However 'Materials' refer to the tangible inputs into the procedure of producing useful output. They might be indirect materials or direct
Participation - Behavioural Aspects of Standards It has already been pointed out in the previous paragraph such standard costing systems would be more acceptable whether the e
Process Losses Most manufacturing processes result in several portion of the raw materials utilized not being transformed into a reliable half losses. These losses may take t
Quicksilver Compnay has set the follwoing standards for one unit of product: Direct material Quantity: 6.2 lbs per unit Price per lb: $11 per lb Direct Labor Quantity: 6 hrs
using the high low method how do i calculate the costs that are expected when the output expected is out of the range given for example cost prdctn volume 110000
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