Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 28, 2024

Variable Costing is a way to calculate profitability of a firm's operations by either calculating the contribution margin or gross profit the contribution margin might

Variable Costing is a way to calculate profitability of a firm's operations by either calculating the contribution margin or gross profit the contribution margin might be used to determine the profitability of that product and how it's used to make the operations more profitable.the company is Apple

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Managerial Accounting

Authors: Stacey WhitecottonRobert LibbyRobert Libby, Patricia LibbyRobert Libby, Fred Phillips

1st Edition

0078110777, 9780078110771

More Books

Students also viewed these Accounting questions

Question

★★★★★

Kosmier Company has outstanding 500,000 shares of $50 par value common stock that originally sold for $60 per share. During the three most recent years, the company carried out the following...

Answered: 1 week ago

Question

★★★★★

explain how psychosocial risks can be prevented or managed;

Answered: 1 week ago

Question

★★★★★

1. To extend writing, ask parents to encourage their children to write letters or emails to companies or civic organizations asking for information or free products. Provide a shell letter form for...

Answered: 1 week ago

Question

★★★★★

B, a chemist, was employed by A, a manufacturer, to work on a secret process for As product under an exclusive three-year contract. A employed C, a salesperson, on a week-to-week basis. B and C...

Answered: 1 week ago

Question

★★★★★

A firm is able to sell 25,000 units at $ 10 per piece. The company fixed cost is $50,000. Variable cost is $5 per unit. a. What is the contribution per unit? b. What is the breakeven sales in $? What...

Answered: 1 week ago

Question

★★★★★

Technology improves the productivity of a farmer by enabling access to the latest prices for commodities and using satellites to view his fields. What are two other ways that technology has improved...

Answered: 1 week ago

Question

★★★★★

Explain the characteristics of a good system of control

Answered: 1 week ago

Question

★★★★★

State the importance of control

Answered: 1 week ago

Question

★★★★★

What are the barriers to effective communication? What measures do you suggest to overcome them?

Answered: 1 week ago

Question

★★★★★

What are the functions of top management?

Answered: 1 week ago

Question

★★★★★

Bring out the limitations of planning.

Answered: 1 week ago

Question

★★★★★

9. Discuss the statement: If the actors mainly act on the basis of a view of human-ity as driven by self-interest, and incorporate this idea into their models, they may end up with their premises...

Answered: 1 week ago

Question

★★★★★

5. What does it mean when we say the evaluation comes before the presenta-tion?.

Answered: 1 week ago

Question

★★★★★

1. Discuss the following statements: a) Predetermined is not the same thing as predictable. b) When we are aware of the consequences of our behaviour, we can change our behaviour. c) What we know is...

Answered: 1 week ago

Previous Question Next Question