Allocation of Fixed Costs ACC 403 Principles of Accounting The articles describe two different approaches: Lean accounting and activity based costing. Both have pros and cons and the selection of "what is best for allocating IT" likely rests with the culture and types of businesses. I personally believe that activity-based costing‚ which essentially casts IT as a variable cost‚ making users sensitive to the requests they make of IT because every request is an incremental cost to their budget
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Section B Attempt Any Six Questions (6*5= 30) 1. Company A’s costs are mostly variable‚ whereas Company B’s costs are mostly fixed. When sales increase‚ which company will tend to realize the greatest increase in profits? Explain. 2. Crystal Telecom has budgeted the sales of its innovative mobile phone over the next four months as follows: Sales in Units July. . . . . . . . . . . . . . 30‚000 August . . . . . . . . . . . 45‚000 September . . . . . . . . 60‚000 October . . . .
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Prime cost. | B | Conversion cost. | C | Period cost. | D | Nonmanufacturing cost. | 2. | Prime cost and conversion cost share what common element of total cost? | A | Direct materials. | B | Direct labor. | C | Variable overhead. | D | Variable overhead. | 3. | On the Schedule of Cost of Goods Manufactured‚ the final Cost of Goods Manufactured figure represents: | A | the amount of cost charged to Work in Process during the period. | B | the amount of cost transferred
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Extraction and Evaporation: Separating the Components of "Panacetin" Submitted- July 17‚ 2012 Introduction The purpose of this lab is to investigate the composition of a compound suspected to be Panacetin‚ a type of pain-killer. Panacetin is typically made up of sucrose‚ aspirin‚ and acetaminophen‚ but the third component in this experiment is unknown. The unknown component is suspected to be a chemical relative of acetaminophen‚ either acetanilide or phenacetin. Using techniques such as
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President of Marketing for Dysk Compyer‚ Inc must decide whether to introduce a mid-priced 2 version of the firm’s DC6900 minicomputer product line-the DC6900-X minicomputer. The DC6900-X would sell for $ 3900‚ 3 with unit variable costs of $ 1‚800. Projections made by an independent marketing research firm indicate that the DC6900-X 4 would achieve a sales volume of 500‚000 units next year‚ in its first year of commercialization. One-half of the first year’s
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pricing‚ prestige pricing‚ and above-market pricing? 4 Touché Toiletries Inc. has developed an addition to its Lizardman Cologne line tentatively branded Ode d’Toade Cologne. Unit variable costs are 45 cents for a 3-ounce bottle‚ and heavy advertising expenditures in the first year would result in total fixed costs of $900‚000. Ode d’Toade Cologne is priced at $7.50 for a 3-ounce bottle. How many bottles of Ode d’Toade must be sold to break even? 5 What would be your response to the statement
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DVDs. The following data are available regarding the models: DVD Selling Price per unit Model LX1 Model LX2 Model LX3 $175.00 $250.00 $300.00 Variable Cost per unit $100.00 $125.00 $140.00 Demand/Year Units 2000 1000 500 VCI is considering the addition of a fourth model to its line of DVDs. This model would be sold to retailers for $375. The variable cost of this unit is $225. The demand for the new Model LX4 is estimated to be 300 units per year. Sixty percent of these unit sales of the new model
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to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50‚000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70‚000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40‚000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%. 203 Ignou what do you know about the census 2011? 79 SBI mccb service sittings be done? 104 Mr. A purchased a machinery costing
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Mario Renteria Mrs. Weathers Chem 04a 27 Jan‚ 2012 Lab Report Introduction: A popular technique in separating components of a mixture is paper chromatography. We use paper chromatography to separate mixtures and isolate there components to collect them individually. In this experiment‚ we will use acid- base indicators to help determine the unknown mixture. Acid- base indicators will change in color when the presence of pHs rise and fall when acids or bases are added to a solution. After setting
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TUI University Variable and Fixed Cost Module 1 Case Dr. Li-Lin Liu Pa April 22‚ 2012 Part I: Use the background material and Internet to answer the questions below. Discuss and analyze the difference between managerial and financial accounting. Pay particular attention to: * How is managerial accounting different from financial accounting? Comment on the different needs and use of financial information for internal purposes. * The managerial accounting profession and its role
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