What is the advantage of the contribution approach as compared with the absorption approach?
Question:
What is the advantage of the contribution approach as compared with the absorption approach?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
The contribution approach has several advantages over ...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Management Accounting
ISBN: 978-0132570848
6th Canadian edition
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
Question Posted:
Students also viewed these Business questions
-
What is the advantage of using common size income statements to present financial information for several accounting periods?
-
What is the advantage of a Dutch auction over a fixed-price tender offer?
-
What is the advantage of making a Section 83(b) election?
-
Oakey Wines is considering expanding on from the cafe to build a restaurant that will provide an evening experience of a meal, wine and entertainment. The package will be used to showcase new season...
-
A ray of light passes from air through dense flint glass and then back into air. The angle of incidence on the first glass surface is 60.0. The thickness of the glass is 5.00 mm; its front and back...
-
In Problems 3450, establish each identity. 2 cot@cot(20) = cot 0 - 1
-
In recent years, businesses have become more global, and populations have become more diverse. In addition, sustainability has become more important than ever to many businesses. What kinds of...
-
Cash flow analysis, chapter appendix. (CMA, adapted) TabComp, Inc., is a retail distributor for MZB-33 computer hardware and related software and support services. TabComp prepares annual sales...
-
Direct Method and Overhead lates Jaume Company manufactures both pesticide and liquid fertilizer, with each product manufactured in separate departments. Three support departments support the...
-
Hamleys Toy Store is on Regent Street in London. It has a magic department near the main door. Suppose that management is considering dropping the magic department, which has consistently shown an...
-
Why is there no direct labour inventory account on a manufacturing companys balance sheet?
-
The primary classifications of costs are by variable and fixed cost behaviour patterns, not by business functions. Name three commonly used terms that describe this type of income statement.
-
In Exercises 714, find f[g(x)] and g[f(x)]. f(x)=x + 2; g(x) = 8x - 6
-
4. What is the time complexity of the following procedure for in/2 to n do j 2 end for while (j
-
If the concentration of a constituent in the influent to the equalization basin is constant over the 24 h period, will the load of the constituent from the basin be constant? If the concentration of...
-
A three-phase transmission line of a 60 Hz circuit has a length of 370 km (230 miles). the conductors are of the 795,000cm (54/7) type with horizontal spacing of 25 feet between them. The load on the...
-
Simulate rolling a dice using Math.random() . Your roll function should allow the caller to specify any number of sides, but default to 6 if no side count is given: roll() assumes a 6 sided dice,...
-
Drama Read the excerpt from a play. Then, answer the question(s). (1) (2) Belle: Having trouble deciding what will make you look like both a power to be reckoned with and a fetching young lady while...
-
In Problem find the marginal profit function if the cost and revenue, respectively, are those in the indicated problems. Problem 9 and Problem 13 Problem 9 In Problem find the marginal cost function....
-
Suppose the concentration of glucose inside a cell is 0.1 mm and the cell is suspended in a glucose solution of 0.01 mm. a. What would be the free energy change involved in transporting 10-o mole of...
-
List three quantitative non financial measures of performance in a service organization of your choice.
-
List three qualitative measures of performance.
-
What is the single most important factor in making major changes to an organization?
-
If the auditor believes that the financial statements prepared on the basis of the entity's income tax are not adequately titled, the auditor should : A)Issue a resignation of opinion. B)Explain the...
-
initial stock offering to the public. This REIT specializes in the acquisition and management of warehouses. Your firm, Blue Street Advisors, is an investment management company that is considering...
-
Question 3 You have been hired to run a pension fund for Mackay Inc, a small manufacturing firm. The firm currently has Gh5 million in the fund and expects to have cash inflows of $2 million a year...
Study smarter with the SolutionInn App