An increasing number of companies are using variable costing in their corporate annual reports. Do you agree?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (15 reviews)
No Variable costing is not acceptable for external reporting Ho...View the full answer
Answered By
Muhammad Ahtsham Shabbir
I am a professional freelance writer with more than 7 years’ experience in academic writing. I have a Bachelor`s Degree in Commerce and Master's Degree in Computer Science. I can provide my services in various subjects.
I have professional excellent skills in Microsoft ® Office packages such as Microsoft ® Word, Microsoft ® Excel, and Microsoft ® PowerPoint. Moreover, I have excellent research skills and outstanding analytical and critical thinking skills; a combination that I apply in every paper I handle.
I am conversant with the various citation styles, among them; APA, MLA, Chicago, Havard, and AMA. I also strive to deliver the best to my clients and in a timely manner.My work is always 100% original. I honestly understand the concern of plagiarism and its consequences. As such, I ensure that I check the assignment for any plagiarism before submission.
4.80+
392+ Reviews
587+ Question Solved
Related Book For
Introduction to Management Accounting
ISBN: 978-0133058789
16th edition
Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta
Question Posted:
Students also viewed these Cost Accounting questions
-
Describe the purpose of a flexible budget. Suppose a manager claims flexible budgets are useful because costs are difficult to predict and flexibility is needed to change budgeted costs as input...
-
An increasing number of consumers believe they have to look out for themselves in the marketplace. According to a survey conducted by the Yankelovich Partners for USA WEEKEND magazine, 60% of all...
-
An increasing number of firms discipline employees for smoking and some conduct random testing to check for nicotine use, even if such use takes place on the employee's free time. Do you think a...
-
2.) A truck with axle loads of W = 19.6kN and W2 = 78.6kN on a wheel base of d = 4.3m rolls across the beam shown in the figure. Determine the following: 3m 25 m 22 m a.) Draw the influence line for...
-
Is it possible for the true cost of living to rise for one consumer and fall for another in response to the same change in prices? If so, explain why, and give an example using graphs. If not,...
-
What is the period of a 1.00-m-long pendulum?
-
What drivers and causes of globalization have allowed born global firms such as Instagram to internationalize at or near their founding?
-
1. What is the difference between rules-based and principles-based accounting standards, and what are the advantages and disadvantages of each? 2. Why has U.S. GAAP evolved into a rules-based...
-
View Policies Current Attempt in Progress Swifty Company has the following inventory information. July 1 Beginning Inventory 5 Purchases 10 units at $90 80 units at $90 40 units 20 units at $90 28...
-
Meninquez Cabinet Company manufactures a single model of a commercial prefabricated wooden cabinet. The company uses a process cost system with an average cost flow assumption. It maintains a...
-
With variable costing, only direct materials and direct labor are inventoried. Do you agree? Why?
-
The dollar amount of the production-volume variance depends on what expected volume of production was chosen to determine the fixed-overhead rate. Explain.
-
What is shape constancy?
-
Maria A Solo (SSN 318-01-6921) lives at 190 Glenn drive, grand rapids, Michigan 49527-2005. Maria (age 45 and single) claims her aunt, Selda Ray (ssn 282-61-4011), as a dependent. Selda lives with...
-
A clinical trial was conducted to test the effectiveness of a drug used for treating insomnia in older subjects. After treatment with the drug, 11 subjects had a mean wake time of 95.1 min and a...
-
PROBLEM 13-3 Translation-Local Currency Is the Functional Currency LO7 (This problem is a continuation of the illustration presented in the chapter.) On January 2, 2019, P Company, a US-based...
-
The operations manager for a local bus company wants to decide whether he should purchase a small, medium, or large new bus for his company. He estimates that the annual profits (in $000) will vary...
-
Claim: Fewer than 8.2% of homes have only a landline telephone and no wireless phone. Sample data: A survey by the National Center for Health Statistics showed that among 13,215 homes 5.78% had...
-
The sun casts a shadow from a flagpole. The height of the flagpole is three times the length of its shadow. The distance between the end of the shadow and the top of the flagpole is 21 feet. Find the...
-
Construct a 4 x 25 design confounded in two blocks of 16 observations each. Outline the analysis of variance for this design.
-
Do you think the use of technology in sports is based on the desire to gain an advantage or the fear of competing at a disadvantage? Is this an ethical concern for the use of technology?
-
Henry Horticultural, Ltd., is a leading producer of greenhouse irrigation systems. Currently, the company manufactures the timer unit used in each of its systems. Based on an annual production of...
-
Elizabeth Lee is a top seller on eBay. In fact, her business has grown so large that she can no longer manage her items on eBay's website and ship her products to the auction winners in a timely...
-
Marwick Innovations, Inc. produces exercise and fitness gear. Two of its newer products require a finishing process that can only be completed on machines that were recently purchased for this...
-
3. The nominal interest rate compounded monthly when your $7,000 becomes $11,700 in eight years is ________
-
An investor can design a risky portfolio based on two stocks, A and B. Stock A has an expected return of 21% and a standard deviation of return of 39%. Stock B has an expected return of 14% and a...
-
Advanced Small Business Certifica Drag and Drop the highlighted items into the correct boxes depending on whether they increase or decrease Alex's stock basis. Note your answers- you'll need them for...
Study smarter with the SolutionInn App