What are the cost incurred for the benefit of several business units called? a-Direct cost B-variable...

What are the cost incurred for the benefit of several business units called?

a-Direct cost

B-variable cost

C-product cost

D-indirect cost

Solutions

Expert Solution

ekkarill92 answered 2 weeks ago

Next > < Previous

Related Solutions

Brita Company incurred $154,000 of fixed cost and $171,600 of variable cost when 3,900 units of...

Brita Company incurred $154,000 of fixed cost and $171,600 of variable cost when 3,900 units of product were made and sold. If the company's volume increases to 4,400 units (within relevant range), the total cost per unit will be: A. $39.00. B. $74.00. C. $35.00. D. $79.00.

Wu Company incurred $44,200 of fixed cost and $54,600 of variable cost when 2,100 units of...

Wu Company incurred $44,200 of fixed cost and $54,600 of variable cost when 2,100 units of product were made and sold. If the company's volume increases to 2,600 units (within relevant range), the total cost per unit will be: $17.00. $21.00. $43.00. $38.00.

1 .Wu Company incurred $40,000 of fixed cost and $50,000 of variable cost when 4,000 units...

1 .Wu Company incurred $40,000 of fixed cost and $50,000 of variable cost when 4,000 units of product were made and sold. If the company's volume doubles, the company's total cost will: stay the same. double as well. increase but will not double. decrease. 2 .Hard Nails and Bright Nails are competing nail salons. Both companies have the same number of customers. Both charge the same price for a manicure. The only difference is that Hard Nails pays its manicurists...

Classify the following expenses incurred by a fertilizer business according to cost classification (fixed cost, variable...

Classify the following expenses incurred by a fertilizer business according to cost classification (fixed cost, variable cost, mixed cost, direct material, direct labour, overhead cost and period cost) i. Salaries of production workers ii. Salaries of factory’s manager iii. Commission of salesperson iv.Depreciation of machinery in plant v. Depreciation of office equipment vi. Chemical used in the production vii. Delivery expenses viii. Indirect materials

What direct labour cost should have been incurred to make the 16,000 speakers? By how much does this differ from the cost that was incurred?

Affordable Electronics Inc. manufactures medium-quality, reasonably priced wireless speakers for home use. The company uses standards to control its costs. The labour standards that have been set for one speaker are as follows Standard Hours Standard Rate per Hour Standard Cost 12 minutes (0.2 hours) $15.00 $3.00 During July, 3,400 hours of direct labour time were recorded to make 16,000 units. The direct labour cost totalled $49,300 for the month. Required: 1. What direct labour cost should have been...

What is the difference between a direct and indirect cost? Variable versus fixed cost? What are...

What is the difference between a direct and indirect cost? Variable versus fixed cost? What are the differences in accounting for inventoriable (product) versus period costs?

What is variable cost? Identify two variable costs. When units produced exceed units sold for a...

What is variable cost? Identify two variable costs. When units produced exceed units sold for a reporting period, would income under variable costing be greater than,equal to, or less than income under absorption costing? Explain.

What is variable cost? Identify two variable costs. When units produced exceed units sold for a...

A firm incurred a total fixed cost of $400,000 and total variable cost of $600,000 to...

A firm incurred a total fixed cost of $400,000 and total variable cost of $600,000 to produce 50,000 units of output. What are the average fixed cost (AFC), average variable cost (AVC), and average total cost (ATC)?

Q5 a) A business may choose Variable Costing out of several systems for unit cost determination....

Q5 a) A business may choose Variable Costing out of several systems for unit cost determination. Explain the concept of this system in detail. Discuss the similarities and differences between Variable Costing and Absorption Costing. How are the manufacturing and non-manufacturing costs presented under Variable Costing? b) ABC analysis is an extremely important technique of materials control among others. Explain its concept in detail. Discuss, in detail, the merits and demerits of using this technique. Can it be used by...

Subjects