Q.No.4

Explain followings questions? (3 Marks)

1. Focus on individual part or segment of business explain this statement according to management accounting and financial accounting?
2. Explain the designing of ABC system with help of example?
3. Explain the Activity Hierarchies with example?
4. Types of Fixed and Variable cost with the help of example and graph?
5. Relevant Range of Fixed and Variable cost with the help of example and graph?
6. CVP applications with example?
7. Product and period cost according to absorption costing and Variable costing?
8. Is the Labor Fixed cost or variable cost? With example
9. Types of cost drivers with example?
10. Y,a,b and X explain these with help of examples according to cost behavior?