Cost is classified on the basis of behaviour as fixed cost, variable cost and semi-variable cost....

Cost is classified on the basis of behaviour as fixed cost, variable cost and semi-variable cost. You are required to explain these 3 elements of cost with an example in an engineering organization

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ekkarill92 answered 2 years ago

what are the fixed cost variable cost, semi variable cost and sunk cost for oil and...

what are the fixed cost variable cost, semi variable cost and sunk cost for oil and refinery sector companies like HPCL, IOL etc?

show the fixed cost are fixed in total but is variable on a per unit basis...

show the fixed cost are fixed in total but is variable on a per unit basis and that variable in total but is fixed on a per unit basis

What is the meaning of step-variable cost, step-fixed cost, semi-variable (or mixed) cost, and curvilinear cost?...

What is the meaning of step-variable cost, step-fixed cost, semi-variable (or mixed) cost, and curvilinear cost? Can you explain with one example?

2. Consider the actions below. Classify each cost as variable, fixed, or semi-variable and explain the...

2. Consider the actions below. Classify each cost as variable, fixed, or semi-variable and explain the classification. How would each of these actions impact the firm’s breakeven level? a. Hire a new salaried employee b. Pay part-time employees a higher minimum wage c. Purchase additional radio advertising spots for the current month d. Use a cash discount to reduce the cost of products purchased to be sold

Chapter – Cost/Volume/Profit Explain the meaning of fixed, variable, and semi-variable expenses. In a cost/volume/profit analysis,...

Chapter – Cost/Volume/Profit Explain the meaning of fixed, variable, and semi-variable expenses. In a cost/volume/profit analysis, what is the profit number if you are computing a breakeven point (I will allow a one word answer here). What are the limiting assumptions with a cost/volume/profit analysis?

quantity of broomsticks fixed cost variable cost total cost average fixed cost average variable cost average...

quantity of broomsticks fixed cost variable cost total cost average fixed cost average variable cost average total cost marginal cost marginal product 0 10 $13 $38 22 $28 32 $70 41 $64 50 $110 59 $108 65 $133 70 $185 how do I fill in the blanks? as well as graph the three average cost curves and the marginal cost curve.

Variable and Fixed Cost Behavior

Munchak Company’s relevant range of production is between 9,000 and 11,000 units. Last month the company produced 10,000 units. Its total manufacturing cost per unit produced was $70. At this level of activity the company’s variable manufacturing costs are 40% of its total manufacturing costs.Required:Assume that next month Munchak produces 10,050 units and that its cost behavior patterns remain unchanged. Label each of the following statements as true or false with respect to next month. Do not use a calculator...

2. Describe a fixed cost, variable cost. Explain why the variable and fixed costs are important...

2. Describe a fixed cost, variable cost. Explain why the variable and fixed costs are important in cost accounting. Give your opinion

Each of a sample of four home mortgages is classified as fixed rate (F) or variable...

Each of a sample of four home mortgages is classified as fixed rate (F) or variable rate (V). a) What are the 16 outcomes in sample space? b) Which outcomes are in the event that exactly three of the selected mortgages are fixed rates? c) Which outcomes are in the event that all four mortgages are of the same type? d) Which outcomes are in the event that at most one of the four is a variable-rate mortgage? e) What...

Explain or assit me in why or which accounting costs fixed, variable or semi-variable costs can...

Explain or assit me in why or which accounting costs fixed, variable or semi-variable costs can be challenging to measure and why in a healthcare enviroerment?

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