Give the general formula for a mixed cost. Which term represents the variable cost, the fixed cost?
Question:
Give the general formula for a mixed cost. Which term represents the variable cost, the fixed cost?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 88% (9 reviews)
The formula for a mixed cost is ...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting
ISBN: 978-0697789938
13th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Question Posted:
Students also viewed these Managerial Accounting questions
-
Give the general formula for an amino acid. Some amino acids are labeled hydrophilic and some are labeled hydrophobic. What do these terms refer to?
-
Give the general formula for any cyclic alkene, that is, a cyclic hydrocarbon with one double bond.
-
What is a regression line? Give the general formula for a regression line. Which term represents the variable cost? The fixed cost?
-
Bobby is a baseball player who earns $1 million a year playing for team X. If he werent playing baseball for team X, he would be playing baseball for team Y and earning $800,000 per year. If he...
-
By definition, how is a sample related to a population?
-
Consider a small country applying a tariff t such as in Figure 8-5. Instead of a tariff on all units imported, however, we will suppose that the tariff applies only to imports in excess of some quota...
-
Mammoth Corporation has 100,000 shares of \(\$ 10\) par value common stock outstanding. At year-end, the company declares a five percent stock dividend. The market price of the stock on the...
-
Barnes & Coffman Industries makes artificial Christmas trees. The unit costs for producing a tree are: Direct materials....... $25 Direct labor ......$15 Variable overhead...... $15 Fixed...
-
Archer Hardware is adding a new product line that will require an investment of $1,530,000. Managers estimate that this investment will have a 10-year life and generate net cash inflows of $315,000...
-
Tara Harris opened Tara's Maids Cleaning Service, Ltd. on July 1, 2017. During July, the company completed the following transactions. July 1 Shareholders invested 15,000 cash in the business in...
-
What is the major disadvantage of the high-low method?
-
What is meant by the term least-squares regression?
-
Prior to liquidating their partnership, Fowler and Ericson had capital accounts of $26,000 and $40,000, respectively. Prior to liquidation, the partnership had no cash assets other than what was...
-
What do you think of the course of action that McKay advocates in response to white antiblack violence? How does McKay's poem serve to inspire African Americans to stand up for themselves? What do...
-
As settlement of a100,000 death benefit, a beneficiary elected to take anannuity-immediate payable monthly for 25 years. The monthly paymentwas calculated using an effective annual interest rate of...
-
Success in business and in life requires the development of critical thinking skills. Critical thinking requires the ability to understand what someone is saying and then to ask specific questions...
-
Company A issues 2000 convertible notes on 1 July 2012. The notes have a 3-year term and are issued at par with a face value of K1000 per note, giving total proceed at the date of issue of K2, 000...
-
Summarize the study and interpret its findings for a lay audience. Focus on objectively translating this study for a lay audience. Consider how this study relates to current and emerging issues in...
-
In a control volume, mass, momentum and energy may flow. State True (T) or False (F)
-
Trade credit from suppliers is a very costly source of funds when discounts are lost. Explain why many firms rely on this source of funds to finance their temporary working capital.
-
How would YOU answer the question whether it is possible to be ethical and unethical at the same time? How difficult is for you to answer this question?
-
What is the purpose of a statement of cash flows?
-
What are cash equivalents, and why are they included with cash on a statement of cash flows?
-
What are the three major sections on a statement of cash flows, and what are the general rules that determine the transactions that should be included in each section?
-
(1 point) A company is considering two insurance plans with the following types of coverage and premiums: Plan A Fire/Theft Liability Monthly Premium Plan B $25,000 $35,000 $195,000 $138,000 $75 $70...
-
Increase in receivables as compared to last period is a factor predicting financial statement fraud
-
Watson Company uses the gross method and a perpetual inventory system. Assuming the following entries, compute the amount that Watson Company received on January 20. January 10 Sold goods costing...
Study smarter with the SolutionInn App