Variable fixed cost - Study guides, Class notes & Summaries

MAC3701 Assignment 1 Semester 1 2023 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on 079 811 9845 . QUESTION 1 Which one of the following is not a characteristic of activity-based-costing (��ABC”) system? A. Because of the extensive number of cost drivers that must be identified and measured, this costing system can be prohibitively expensive to implement and operate. B. The allocation basis is referred to as ‘cost driver’, as a cause-and-effec...

Solution Manual For Managerial Accounting 18th Edition By Ray Garrison , Eric Noreen , Peter Brewer| ISBN :9781266248610|| Complete A+ Chapter 1 Managerial Accounting and Cost Concepts Questions 1-1 The three major types of product costs in a manufacturing company are direct materials, direct labor, and manufacturing overhead. 1-2 a. Direct materials are an integral part of a finished product and their costs can be conveniently traced to it. b. Indirect materials are generally small items of mat...

MAC3702 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE 12 September 2024 ; 100% TRUSTED Complete, trusted solutions and explanations.. Ensure your success with us... QUESTION 1 (25 marks; 45 minutes) Lesidi Limited, a company listed on the Johannesburg Stock Exchange (JSE), specialises in manufacturing paint. Their flagship product, Yizo, has been rated the best paint by the South African Paint Association for the past ten years. This top award has driven Lesidi's success and challenged ...

This document contains workings, explanations and solutions to the FIN3704 Assignment 5 (QUALITY ANSWERS) Semester 2 2024. For assistance whats-app us on 0.6.8..8.1.2..0.9.3.4.... Question 2 (20 Marks) The Port Saint John Water Park has thought about buying a new log flume ride. The equipment costs R900 000 to purchase, and installation costs an additional R56400. The equipment has a six-year expected life and will be depreciated using the MACRS seven-year class life. Management anticipates 16...

HFMA's CSAF 2021, Certified Specialist Accounting And Finance Study Guide 2024. Contribution Margin - ANSWER Difference between marginal revenue and marginal cost. Break-even point - ANSWER Level of sales volume of a product producing the exact amount of contribution margin needed to cover fixed costs. Overhead - ANSWER Indirect Costs Activity-based costing (ABC) - ANSWER Method of determining product costs using cost drivers or activity measures, which cause indirect costs to be incu...

AAMI Small Business Management Exam Questions and Answers 100% Pass Sole Proprietorship - Correct Answer ️️ -is a business owned by one person who is subject to claims or creditors. Partnership - Correct Answer ️️ -is the voluntary association of two or more people who have combined their resources to carry on as co-owners of a lawful enterprise for their joint profit. Limited Partnership - Correct Answer ️️ -involves at least one general partner and one or more limited partn...

Contribution Margin correct answers Difference between marginal revenue and marginal cost. Break-even point correct answers Level of sales volume of a product producing the exact amount of contribution margin needed to cover fixed costs. Overhead correct answers Indirect Costs Activity-based costing (ABC) correct answers Method of determining product costs using cost drivers or activity measures, which cause indirect costs to be incurred. Three main types of Cost standards. correct a...

Well-structured MAC3703 Assignment 2 (ANSWERS) Semester 2 2023 ()- DISTINCTION GUARANTEED (DETAILED ANSWERS - DISTINCTION GUARANTEED!). QUESTION 1 (30 MARKS) Mrs Sindy Lula has been in the financial Services Sector for more than 20 years and is considering a career shift. At present, she is a credit provider (mashonisa) where she owns and runs the money lending business throughout the Eastern Cape under the name BZN Agri-Retailers (PTY) LTD. Having been in this business for more than 20 years, ...

Well-structured FIN3704 Assignment 5 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)..... Question 2 (20 Marks) The Port Saint John Water Park has thought about buying a new log flume ride. The equipment costs R900 000 to purchase, and installation costs an additional R56400. The equipment has a six-year expected life and will be depreciated using the MACRS seven-year class life. Management anticipates 160 rides per day, with 45 riders on averag...

COB 242 - Exam 1 Already Passed Gross Margin % (Revenue - COGS) ÷ Revenue indicates how much of each sales dollar is left after deducting the cost of goods sold to cover expenses and provide a profit. Units: % Earnings Per Share (Net Income - Dividends on Preferred Stock) ÷ Average Outstanding Shares This measure indicates how much income was earned for each share of common stock outstanding. Units: $ Working Capital Current Assets - Current Liabilities measure of both a company's effi...