What is a mixed cost? Give an example.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (15 reviews)
Mixed costs are costs that contain both a fixed and variable component An exam...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
4.30+
2+ Reviews
10+ Question Solved
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
Question Posted:
Students also viewed these Managerial Accounting questions
-
What is a mixed account? A contra account? Give an example of each.
-
What is a mixed marketing channel? Why would Microsoft Office be marketed with a mixed channel system to large business customers?
-
What is a mixed stream of returns? Describe the procedure used to find the present value of such a stream.
-
Hot Locks Company developed the following information for its hair dryer sales: Sales price $ 125.00 per unit Variable manufacturing cost $ 44.75 per unit Variable selling expense ...
-
The Group IIA carbonates decompose when heated. For example, BaCO3(s) BaO(s) + CO2(g) Use enthalpies of formation (see Appendix C) and calculate the heat required to decompose 10.0 g of barium...
-
Show the effects of the following transactions on the accounting equation. For this purpose, enter these transactions in columns as under: Col 1 Capital Col 2 Liabilities " Col 3 Assets Transaction...
-
The specification for the weight of a chemical in a compound is .05. If the standard deviation of the weighing scales is .02, is the process considered capable? LO.1
-
Aero Inc. had the following statement of financial position at the end of operations for 2016: During 2017, the following occurred: 1. Aero liquidated its FV-NI investments portfolio at a loss of...
-
Rebalancing is an important part of portfolio management, which reason best explains why one should consider rebalancing their portfolio regularly? In the long run the portfolio will remain...
-
Describe at least three points in the decision-making process at which information plays an important role.
-
What is a variable cost? Give an example.
-
What are the three approaches to calculating the sales required to achieve the target profit? Give the formula for each one.
-
During the past year, you had a portfolio that contained U.S. government T-bills, long-term government bonds, and common stocks. The rates of return on each of them were as follows: U.S. government...
-
Share your thoughts on the descriptions of coaching versus mentoring. Discuss which technique you personally find more helpful, incorporating your peers' example scenarios if possible. Provide...
-
Hanung Corp has two service departments, Maintenance and Personnel. Maintenance Department costs of $380,000 are allocated on the basis of budgeted maintenance-hours. Personnel Department costs of...
-
Discuss difference between nominal interest rate and real interest rate. Explain why real interest rate is more important than the nominal interest rate using your answer to Question 1 of the...
-
Refer to Figure 14-1. How would an increase in the money supply move the economy in the short and long run?
-
1) Special Relativity. Statement: Imagine this situation: Alice stands in New York City while Bob, aboard a plane departing from Boston, directly crosses over Alice at t=0. Disregard the vertical...
-
Accounting rates of return are based upon accounting income and book value of investment, whereas internal rates of return are based upon cashflows and take into account the time value of money....
-
What exactly is a prima facie duty? How does an ethic of prima facie duties differ from monistic and absolutist ethical theories?
-
Find the absolute and relative error in each case. a. Your true weight is 100 pounds, but a scale says you weigh 105 pounds. b. The government claims that a program costs \($99.0\) billion, but an...
-
Merchandising firm purchases budget Boynton Company sells a variety of recycling bins. The company estimates that it will sell 40,000 units of bin BLX in April. The company expects to have 6,000...
-
Merchandising firm purchases budget Boynton Company sells a variety of recycling bins. The company estimates that it will sell 40,000 units of bin BLX in April. The company expects to have 6,000...
-
Manufacturing firm production and purchases budget Glynn Company is preparing a budget to determine the amount of part G12 to produce for the first quarter of the year, and the amount of resin to...
-
Jayelle took six courses last semester. Her grades and course credits are as follows:Course Grade CreditsFinance B+ 4Statistics C 2General Education B+ 3Macro Economics B 3Cost Accounting B 4Computer...
-
Mr Eugene holds a five-year, 10%, ksh100, 000 bond. Determine the value of this bond if the cost of capital is: i. 10%
-
Exercise Effects of transactions on the accounting equation.CHECK FIGURE: Mailin Moon, Capital = $13,650Mailin Moon is a freelance writer who submits articles to various magazines and newspapers. She...
Study smarter with the SolutionInn App