Which of the following costs is not likely to be completely eliminated by a decision to drop
Question:
Which of the following costs is not likely to be completely eliminated by a decision to drop a product line?
a. The variable overhead traced to that product line.
b. The cost of direct materials used to make the product.
c. The common fixed costs allocated to that product line.
d. All of the above will be completely eliminated.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
c The commo...View the full answer
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Managerial Accounting
ISBN: 9780078110771
1st Edition
Authors: Stacey WhitecottonRobert LibbyRobert Libby, Patricia LibbyRobert Libby, Fred Phillips
Question Posted:
Students also viewed these Business questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Which of the following statements is correct? An indirect cost can be readily traced to a cost object while a direct cost is traced only to manufacturing costs. A direct cost can be traced to a...
-
Multiple Choice Questions 1. Which of the following statements is true with respect to when a product should be dropped? a. A product should be dropped when fixed costs avoided are less than the...
-
Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's anticipated annual volume of 25,600 units. Per Unit Total Direct materials...
-
Write an equation in point-slope form for each of these lines. a. The slope is and the line passes through (2, 4.7). b. The line has slope -7 and x-intercept 6. c. The line passes through (3, 11) and...
-
Discuss the trade-off between achieving a zero AQL (acceptable quality level) and a positive AQL (such as an AQL of 2 percent). LO13-2
-
What resources are vital to the success of a local marketing program?
-
Avenger Inc. reported the following data: Net income ............. $270,000 Depreciation expense......... 30,000 Gain on disposal of equipment.... 24,600 Decrease in accounts receivable... 16,800...
-
Material Management 2. Covid-19 has caused economic disruption and put a strain on the world's supply networks, from national lockdowns to closed skies and borders. Supply chain management is the...
-
Which of the following causes opportunity costs to become relevant to management decisions? a. Sunk cost. b. Operating at full capacity. c. Operating with idle or excess capacity. d. Avoidable costs.
-
When making make-or-buy decisions, managers should consider a. Alternate uses for any facility currently being used to make the item. b. The costs of direct materials included in making the item. c....
-
How is the inventory turnover period calculated and what is the significance of a relatively long inventory turnover period? (Section 6.6.1)
-
Give an algorithm for converting a tree to its mirror. Mirror of a tree is another tree with left and right children of all non-leaf nodes interchanged. The trees below are mirrors to each other....
-
5. Consider the classes below and determine what is printed out by the client code. public class V { public void one(){ System.out.print("it"); } public void two(){ System.out.print("go"); } } public...
-
Consider the following closed economy short-run IS-LM model with income taxation. The economy is described by equations (1) through (6): (1) C = 200 + 0.8(Y -T); (2) T = 800+0.25Y;(3) G = 500; (4) 1...
-
(30 pts) A binary search tree is given, write a method to delete a node from the tree. Assume the successor and predecessor methods are provided, partial code is provided below. Finish the reset of...
-
Reminder: Formatting is always important in your code (comments, indentation, variable names, etc.) And please always start your Java code file with a multi-line comment listing the name of the...
-
Explain the importance of a walkthrough, how one is performed, and list 5 relevant questions that the auditor might ask during a walkthrough. What types of responses to your questions might the...
-
Consider the activities undertaken by a medical clinic in your area. Required 1. Do you consider a job order cost accounting system appropriate for the clinic? 2. Identify as many factors as possible...
-
explain in excel please For a particular product the price per unit is $6. Calculate Revenue if sales in current period is 200 units. Conduct a data analysis, on revenue by changing the number of...
-
Hall Company sells merchandise with a one-year warranty. In the current year, sales consist of 35,000 units. It is estimated that warranty repairs will average $10 per unit sold and 30% of the...
-
Q 4- Crane Corporation, an amusement park, is considering a capital investment in a new exhibit. The exhibit would cost $ 167,270 and have an estimated useful life of 7 years. It can be sold for $...
Study smarter with the SolutionInn App