Are variable costs always relevant costs? Explain.
Question:
Are variable costs always relevant costs? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (6 reviews)
No Variable costs are ...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
4.30+
2+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting
ISBN: 9781260247787
17th Edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Question Posted:
Students also viewed these Business questions
-
Are variable costs always relevant in decision making? Explain.
-
Are variable costs always relevant? Explain.
-
Are variable costs always relevant? Explain.
-
In which control account would you expect to find a provision for doubtful debts?
-
Repeat Prob. 1-76 by replacing the air with oil whose specific gravity is 0.72.
-
In developing projected financial statements, what should you do if the $ amount you must put in the cash account (to make the statement balance) is far more (or less) than desired?
-
During 1998, the Senbet Discount Tire Company had gross sales of \($1\) million. The firms cost of goods sold and selling expenses were \($300,000\) and \($200,000,\) respectively. These figures do...
-
Weighted-average method. Ashworth Handcraft is a manufacturer of picture frames for large retailers. Every picture frame passes through two departments: the assembly department and the finishing...
-
What is the difference between an indicative rate (like LIBOR) and a transaction rate (like the Secured Overnight Financing Rate [SOFR])? In the near future LIBOR will not be an acceptable referen...
-
The manager of Wongs Food Express estimates operating costs for the year will total $300,000 for fixed costs. a. Find the break-even point in sales dollars with a contribution margin ratio of 40...
-
What is a relevant cost?
-
Shimada Products Corporation of Japan plans to introduce a new electronic component to the market at a target selling price of $15 per unit. The company is investing $5,000,000 to purchase the...
-
Air expands isentropically from 1.5 MPa and 60C to 0.4 MPa. Calculate the ratio of the initial to final speed of sound.
-
In this week's reading, I was able to learn that there are lots of different types of advanced directives but the most popular ones are directives to physicians and family (living will), medical...
-
Back in 2003, Nicholas Carr set off a firestorm of controversy in the tech world with his Harvard Business Review article, "IT Doesn't Matter" (OK, maybe "firestorm" is an overstatement, but it was a...
-
Please respond to this discussion post below detailed and throughly, Reducing minimum requirements for law enforcement recruitment can be a double-edged sword. On one side, it could open the door to...
-
Prior to any questioning, the person must be warned that he [or she] has the right to remain silent, that any statement he [or she] does make may be used as evidence against him [or her], and that he...
-
Over a time interval of 1.80 years, the velocity of a planet orbiting a distant star reverses direction, changing from +20.0 km/s to -20.1 km/s. Find (a) the total change in the planet's velocity (in...
-
How will expansion in the ready-to-drink help or hinder sales in their Starbucks stores?
-
The roof of a refrigerated truck compartment is of composite construction, consisting of a layer of foamed urethane insulation (t2 = 50 mm, ki = 0.026 W/m K sandwiched between aluminum alloy panels...
-
Why do companies use sequential prenumbering for documents such as checks, sales invoices, and purchase orders?
-
How can an annual budget function as a form of internal control?
-
Define the following: (a) Direct materials, (b) Indirect materials, (c) Direct labor, (d) Indirect labor, (e) Manufacturing overhead.
-
Aanya is giving away sixteen identical candles as favours at her latest party! Eight guests in total are attending the party. In how many ways can the favours be given out if Aanya wants to ensure...
-
Deliverable #1 (2 Marks) due week 10 for professor review and feedback Select two entity classes from deliverable #3 "Part B" and develop two state diagrams. The classes should have a dynamic nature...
-
The differential equation a3y"" + y" + y' + oy = 0 has at least one solution of the form eax, a ER. True False Y2 If | | = 0, then y and y2 are fundamental set of solutions of the y'2 # differential...
Study smarter with the SolutionInn App