Distinguish between direct costs and indirect costs.
Question:
Distinguish between direct costs and indirect costs.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (4 reviews)
Direct costs are those that ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Cambridge International As And A Level Accounting Revision Guide
ISBN: 9781444192001
1st Edition
Authors: Ian Harrison, Michael Hillman
Question Posted:
Students also viewed these Business questions
-
Distinguish between direct and indirect costs and give several examples of each.
-
Activity Based Costing Rubrics, Inc. The Chief Financial Officer (CFO) at Rubrics Inc., a small size regional hardware manufacturing firm, has become aware of the ongoing imbalance between the...
-
How does direct cost tracing improve cost accuracy? A. It reclassifies costs or cost pools that vary with the quantity of a single activity cost driver as direct. B. It identifies the...
-
A Mechanical Design Company produces an innovative design of Battery used for electric cars. The standard design of producing one(1) unit of Battery is provided in the bill of materials BOM which...
-
Use the data in Short Exercise 12-7 to prepare Eldred Corporations statement of cash flows for the year ended June 30, 2012. Eldred uses the indirect method for operating activities.
-
Refer to the information in E12-21 to answer the following requirements. a. Estimate the value of a share of \(3 \mathrm{M}\) Company common stock using the residual operating income (ROPI) model as...
-
If you divide the number of permutations of 11 objects taken 3 at a time by 3!, you will get the number of combinations of 11 objects taken 3 at a time.
-
Michael Jacks deposited $500,000 into a bank for 6 months. At the end of that time, he withdrew the money and received $520,000. If the bank paid interest based on continuous compounding: (a) What...
-
Bonita Co. sells $425,000 of 12% bonds on June 1, 2020. The bonds pay interest on December 1 and June 1. The due date of the bonds is June 1, 2024. The bonds yield 8%. On October 1, 2021, Bonita buys...
-
Explain briefly the meaning of the following costs: (a) Semi-variable (b) Stepped (c) Sunk
-
Explain why ratios rather than actual results are used to evaluate the performance of a business.
-
Explain the meaning of value chain and provide an example of one way that a value chain may be enhanced and one way a value chain may be harmed.
-
The composition of moist air is given on a molar basis to be 78 percent N2, 20 percent O2, and 2 percent water vapor. Determine the mass fractions of the constituents of air. Use the table containing...
-
1. Consider the LFSR with so = 1, 8 = 1, S2 = 1, 83 = 1, 84 = 0, and Sn Sn-2 Sn-3+ Sn-5. Find the next 15 terms in this LFSR. What is the period of this LFSR? 2. Suppose you learn that a Hill cipher...
-
Assume that you are thinking of a new acquisition campaign for SEDO, assuming that you want to convert people who are already engaged. Develop a big idea (in the communication) that you can use in...
-
You have a backend Amazon EC2 instance providing a web service to your web server instances. Your web servers are in a public subnet. You would like to block inbound requests from the internet to...
-
Consider the following task set. Task C T|D T1 20 50 40 T2 10 40 30 T3 5 20 15 a) Verify whether the task set is schedulable under DM using the processor utilization-based ap- proach. b) Verify...
-
Your friend sits at rest on a chair. Can you say that no force acts on her? Or is it correct to say that no net force acts on her? Defend your answer.
-
In what ways does a well-designed enterprise search software vary from popular search engines (e.g., Bing, DuckDuckGo, and Google)?
-
The application of this principle is an example of the_________ concept.
-
What is the overriding principle used in the valuation of inventory?
-
Explain what is meant by the word draft in 'draft income statement'.
-
When credit terms for a sale are 2/15, n/40, the customer saves by paying early. What percent (rounded) would this savings amount to on an annual basis
-
An industrial robot that is depreciated by the MACRS method has B = $60,000 and a 5-year depreciable life. If the depreciation charge in year 3 is $8,640, the salvage value that was used in the...
-
What determines a firm's beta? Should firm management make changes to its beta? Be sure to consider the implications for the firm's investors using CAPM.
Study smarter with the SolutionInn App