How do committed fixed costs differ from discretionary fixed costs?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (15 reviews)
Committed fixed costs are costs that are often driven by the planned scale of operations Th...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
Introduction to Management Accounting
ISBN: 978-0133058789
16th edition
Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta
Question Posted:
Students also viewed these Managerial Accounting questions
-
How do direct fixed costs differ from indirect fixed costs? Are both types of fixed costs controllable?
-
How do step variable costs differ from fixed costs?
-
A list of committed and discretionary costs follows. Annual audit fees ............Internal audit salaries Annual report preparation and printing ....Marketing research Building flood insurance...
-
The 2019 catalog that Gigantic State University (GSU) sent to prospective students described a merit-based scholarship called the Eagle Scholarship. The catalog stated that GSU offers the Eagle...
-
How would Toyota use perceived-value pricing to set a price for the Prius? How would Toyota select a specific price that delivered a meaningful customer value?
-
Fill in the table above. Is the principle of diminishing marginal utility operative in this case? How do you know? Number of Cookies 0 1 2 3 4 5678 Total Utility 0 37 51 77 Marginal Utility 20 11 185...
-
6. Why do most young, high-growth companies have negative earnings?
-
As the bookkeeper of Panji?s Plowing, you have been asked to complete the entire accounting cycle for Panji from the following information. Adjustment Data 1. Snow supplies on hand, $300. 2. Rent...
-
Soft Touch Company sells leather furniture. The following schedule relates to the company's inventory for the month of April: Cost Sales April 1 Beginning inventory 76 units $ 46,284 3 Purchase 53...
-
As financial manager of Britwell Inc., you are investigating a possible acquisition of Salome. You have the basic data given in the following table. You estimate that investors expect a steady growth...
-
How do managements product and service choices affect cost behavior?
-
Why are committed fixed costs the most difficult of the fixed costs to change?
-
What immediate steps could Micropower take to help the consultants, particularly LO11 those who feel very unhappy, perform well and feel more comfortable in their new roles?
-
Complete the exercises on the following website. Remember to type your answers in word or excel, screenshot, or phone pic as your work. The site does not save your answers. Upload your work on...
-
There are many management theories that are utilized in organizations. These theories were developed by scholars in the management discipline. One individual was responsible for identifying the major...
-
An increase in the price and a decrease of the quantity of Paclitaxel (an anti-cancer drug) could be caused by which of the following? Select one: O a. an increase in the number of people being...
-
At December 31, 2023, Cord Company's plant asset and accumulated depreciation and amortization accounts had balances as follows: Category Land Land improvements Buildings Equipment Automobiles and...
-
Assume that the following table represents the sales figures for the five largest firms in the industry. Compute the HHI for the industry (assuming the industry contains just these five firms). Sales...
-
What is the role of the meeting planner? How does this individual interact with the hotel sales and marketing staff?
-
-x/2 x/4 If A = -x/2 and A-1 =6 then x equals
-
The real wage is the purchasing power of one hour of labor. That is, for each product it is the number of units of the product that a worker can buy with his earnings from one hour of work. In a...
-
Jerry operates a cybercaf-cum photocopy center near a college in Tucson, Arizona. Due to the high demand for photocopying, he is considering installing a second photocopier. The new machine will have...
-
As per the contract with her modeling agency, Emma Watson is to receive $60,000 at the end of every year that she works for the agency and $350,000 on termination beyond the second year. If Emma...
-
Land Rover wants to extend its product line further. For this purpose, it has approached the Bank of England. They agreed on an annual rate of 5%. 1. Suppose Land Rover agrees to repay 900 million at...
-
C0 = 10.648148 b) ( 4 Marks ) As of now, Given the above conditions on the option, what is the intrinsic value of the call option? What is the time value of the call option?
-
interest revenue 19,500 retained earning,end 5,000 selling expenses 145,00 prepaid insurance 20,000 loss and disposal of a business (discountied),net 28,000 income from operation 140,000 unearned...
-
cost that do not extend the acid capacity or it's useful life, but merely maintained the assd, or restore it to working order are recorded as losses True or False
Study smarter with the SolutionInn App