Distinguish between, and provide an illustration of: (i) Avoidable and unavoidable costs; (ii) Cost centres and cost
Question:
Distinguish between, and provide an illustration of:
(i) ‘Avoidable’ and ‘unavoidable’ costs;
(ii) ‘Cost centres’ and ‘cost units’.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
Avoidable Costs Avoidable costs are those costs that can be eliminated at the time of zero production In other words we can say that those costs which ...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Define a change in estimate and provide an illustration.
-
Merck KGaA is a Germany-based company, operating in the pharmaceutical and chemical business sectors. We provide an excerpt from the consolidated balance sheet. Consolidated balance sheet (excerpt)...
-
Distinguish between a Type I and Type II error.
-
1. Consider a local department store which only sells jeans (J) and sweaters (S). Jeans cost $20 and sweaters cost $30. For each of the examples below, graph the budget constraint our consumer faces,...
-
The compound KSCN is a source of thiocyanate ion. (a) Write the two most stable Lewis structures for thiocyanate ion and identify the atom in each that bears a formal charge of -1. (b) Two...
-
Explain how to provide performance feedback effectively.
-
Choose one of the following manufacturers (or any manufacturer of your choosing), and use the Internet to gather information about any new products the company has recently introduced or plans to...
-
Turbine blades mounted to a rotating disc in a gas turbine engine are exposed to a gas stream that is at T = 1200C and maintains a convection coefficient of h = 250 W/m2 K over the blade. The...
-
Loft Co. reviewed its LIFO inventory values for proper pricing at year-end. The following summarizes two inventory items examined for the lower of cost or market: Original cost Replacement cost Net...
-
Haltoyb Chicken Sdn Bhd was established in year 2015 as a poultry business. The business operation focuses on supplying and producing processed chicken to the northern region market of the Peninsular...
-
How can uPromote.com help you with your sales promotions efforts (visit www.upromote.com )? What kind of marketing budget would you need to take advantage of its services? What kind of company would...
-
(a) From the data below, you are required: (i) To prepare a schedule to be presented to management showing for the mileages of 5000, 10 000, 15 000 and 30 000 miles per annum: 1. Total variable cost;...
-
Identify whether the items below are part of the general recognition principle under U. S. GAAP, IFRS, or both. Item U. S. GAAP, IFRS, or Both Relevant___________________________________ Subject to...
-
Which technical spec can be most easily modified without changing current choices for the other two technical specs? Quick Start Quick Start QFD Matrix 1 = Strong positive correlation = Some positive...
-
Use Table A.1 to select 20 three-digit random numbers. Did any of the numbers occur more than once? How is it possible for a number to occur more than once? Make a stem-and-leaf plot of the numbers...
-
The adjusted trial balance columns of a worksheet for Levitt Corporation are shown below. The worksheet is prepared for the year ended December 31, Complete the worksheet by (a) entering the adjusted...
-
Derive the commutator $\left[Q_{i}, Q_{j} ight]=i \epsilon_{i j k} Q_{k}$ for the charge defined in Eq. (33.4). Use the charge (33.4) to write the commutator, displaying explicit matrix indices...
-
Verify that the potential $V(\pi, \sigma)$ can be written as Eq. (33.11), and that if $\epsilon=0$ and the symmetry is implemented in the Wigner mode the masses for the $\pi$ and $\sigma$ fields are...
-
As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of Soria Company for the month of October. As a result of this budget...
-
What is your assessment of the negotiations process, given what you have studied? What are your recommendations for Mr. Reed? You must justify your conclusions
-
Duo plc produces two products, A and B. Each has two components specified as sequentially numbered parts, i.e. product A (parts 1 and 2) and product B (parts 3 and 4). Two production departments...
-
ABC plc, a group operating retail stores, is compiling its budget statements for the next year. In this exercise revenues and costs at each store A, B and C are predicted. Additionally, all central...
-
Excel Ltd make and sell two products, VG4U and VG2. Both products are manufactured through two consecutive processes - making and packing. Raw material is input at the commencement of the making...
-
A taxpayer can claim a personal exemption for any person he or she provides over 50 percent of support during the tax year. True False
-
Holding other variables constant, a recession in the US economy should: Select one: A) cause a depreciation of the dollar because the nominal interest rate in the United States would increase b)...
-
CROSS RATES The table below gives the exchange rates between U.S. dollar, British pound and Swedish krona. What is the exchange rate between Swedish kronas and pounds? Round your answer to two...
Study smarter with the SolutionInn App