Variable costs are always relevant, and fixed costs are always irrelevant. Do you agree? Why?
Question:
Variable costs are always relevant, and fixed costs are always irrelevant. Do you agree? Why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (14 reviews)
No Some variable costs may not differ ...View the full answer
Answered By
Allan Olal
I have vast tutoring experience of more than 8 years and my primary objective as a tutor is to ensure that a student achieves their academic goals.
4.70+
78+ Reviews
412+ Question Solved
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0136126638
13th Edition
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
Question Posted:
Students also viewed these Cost Accounting questions
-
Why are variable costs usually more relevant than fixed costs in short-term decision making?
-
Are variable costs always relevant in decision making? Explain.
-
Why are fixed costs not relevant for most short-term decisions?
-
Determine the number of valence electrons for each of thefollowing four elements. Part A Ga _______ Express your answer as an integer. Part B Pb ________ Express your answer as an integer. Part C Cl...
-
The potential energy of a hydrogen atom in a particular Bohr orbit is -1.20 10-19 J. (a) Which Bohr orbit does the electron occupy in this atom? (b) Suppose the electron moves away from the nucleus...
-
The Gray code is a binary code for integers. It differs from the ordinary binary representation in that there is just a single bit change between the representations of any two numbers. This is...
-
Find the response of a simple pendulum numerically by solving the linearized equation: \[\ddot{\theta}+\frac{g}{l} \theta=0\] with \(\frac{g}{l}=0.01\) and plot the response, \(\theta(t)\), for \(0...
-
Valu-Com Electronics manufactures five different models of telecommunications interface cards for personal and laptop computers. As summarized in the following table, each of these devices requires...
-
After watching the video, please think about your own life. What way have you been classically conditioned? Think of any fears or other immediate emotional reactions you have had. Were they related...
-
Applying Differential Analysis to Alternative Profit Scenarios Epson produces color cartridges for inkjet printers. Suppose cartridges are sold to mail-order distributors for $5.20 each. Total fixed...
-
Describe two potential problems that should be avoided in relevant-cost analysis.
-
A component part should be purchased whenever the purchase price is less than its total manufacturing cost per unit. Do you agree? Why?
-
CVP analysis, income taxes, sensitivity. (CMA, adapted) Almo Company manufactures and sells adjustable canopies that attach to motor homes and trailers. For its 2009 budget Almo estimates the...
-
Q1. During a race on level ground, Andrea runs with an average velocity of 6.0 m/s to the east, what is Andrea's displacement after 137 s? Q2. Heather and Matthew walk with an average velocity of...
-
If Joe rides his bicycle in a straight line for 15 minutes with an average velocity of 12.5 km/hr south, how far has he ridden?
-
3. A Corporation issues 10,000 shares of $10 par value common stock for $150,000. Prepare the journal entry to record the issuance of this stock. Account Title Debit Credit
-
OP Pie Company makes dessert pies for national fast food chains. OP Pie Company is considering using ABC costing and has the following activity cost pools and information av Activities Material...
-
Bond Discount, Entries for Bonds Payable Transactions On July 1, Year 1, Livingston Corporation, a wholesaler of manufacturing equipment, issued $2,100,000 of 7-year, 10% bonds at a market...
-
We have seen that the heart produces a magnetic field that can be used to diagnose problems with the heart. The magnetic field of the heart is a dipole field produced by a loop current in the outer...
-
Vince, Inc. has developed and patented a new laser disc reading device that will be marketed internationally. Which of the following factors should Vince consider in pricing the device? I. Quality of...
-
Briefly describe each of the following ideas, methods, or phenomena: (a) Absolute molar entropy; (b) Coupled reactions; (c) Troutons rule; (d) Evaluation of an equilibrium constant from tabulated...
-
The job-costing system at Sheris Custom Framing has five indirect-cost pools (purchasing, material handling, machine maintenance, product inspection, and packaging). The company is in the process of...
-
John Bradshaw & Bros Ltd. manufactures different plastic toys for kindergartens in Lagos, Nigeria. Details of the toy production budget for the next accounting year are as follows. Note all costs are...
-
The total annual production cost of a manufacturing company that produces three different USB devices is $10,000,000. The manager of the company states that the contribution margins of all three...
-
The structure of a Neural Network is given below. W W Y H X1 X2 H The input value X = X2 X-8 and the desired output value is Y The initial weight matrix for the first layer W: w = [WW] = [36] 4 (1)
-
Aysha's Cash Book showed a bank overdraft of Rs. 60,000 on 31" March, 2020. On Comparison of the two books, the following differences were noted down. a. A cheque for 3,000 deposited on 30th March,...
-
Fuzzy Monkey Technologies, Incorporated purchased as a long-term investment $140 million of 10% bonds, dated January 1, on January 1, 2024. Management intends to have the investment available for...
Study smarter with the SolutionInn App