An increasing number of companies are using variable costing in their corporate annual reports. Do you agree?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (15 reviews)
No Variable costing is not acceptable for external reporting Ho...View the full answer
Answered By
Muhammad Ahtsham Shabbir
I am a professional freelance writer with more than 7 years’ experience in academic writing. I have a Bachelor`s Degree in Commerce and Master's Degree in Computer Science. I can provide my services in various subjects.
I have professional excellent skills in Microsoft ® Office packages such as Microsoft ® Word, Microsoft ® Excel, and Microsoft ® PowerPoint. Moreover, I have excellent research skills and outstanding analytical and critical thinking skills; a combination that I apply in every paper I handle.
I am conversant with the various citation styles, among them; APA, MLA, Chicago, Havard, and AMA. I also strive to deliver the best to my clients and in a timely manner.My work is always 100% original. I honestly understand the concern of plagiarism and its consequences. As such, I ensure that I check the assignment for any plagiarism before submission.
4.80+
392+ Reviews
587+ Question Solved
Related Book For
Introduction to Management Accounting
ISBN: 978-0133058789
16th edition
Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta
Question Posted:
Students also viewed these Cost Accounting questions
-
Describe the purpose of a flexible budget. Suppose a manager claims flexible budgets are useful because costs are difficult to predict and flexibility is needed to change budgeted costs as input...
-
An increasing number of consumers believe they have to look out for themselves in the marketplace. According to a survey conducted by the Yankelovich Partners for USA WEEKEND magazine, 60% of all...
-
An increasing number of firms discipline employees for smoking and some conduct random testing to check for nicotine use, even if such use takes place on the employee's free time. Do you think a...
-
2.) A truck with axle loads of W = 19.6kN and W2 = 78.6kN on a wheel base of d = 4.3m rolls across the beam shown in the figure. Determine the following: 3m 25 m 22 m a.) Draw the influence line for...
-
Is it possible for the true cost of living to rise for one consumer and fall for another in response to the same change in prices? If so, explain why, and give an example using graphs. If not,...
-
Mr. John Backster, a retired executive, desires to invest a portion of his assets in rental property. He has narrowed his choices to two apartment complexes, Windy Acres and Hillcrest Apartments. The...
-
A certain random process \(U(t)\) takes on equally probable values +1 or 0 with changes occurring randomly in time. The probability that \(n\) changes occur in time \(\tau\) is known to be \[...
-
1. What appear to be the problems at this Burger Boy? 2. How many of these problems could be explained by compensation issues? 3. How many other problems could be lessened with diligent use of...
-
Sunspot Beverages, Limited, of Fiji uses the weighted-average method of process costing. It makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then...
-
Can someone please summarize the case study below: if you know about the case IKEA Looks to Further Penetrate the U.S. Market 10 CASE Synopsis: IKEA is known around the world for its stylish,...
-
With variable costing, only direct materials and direct labor are inventoried. Do you agree? Why?
-
The dollar amount of the production-volume variance depends on what expected volume of production was chosen to determine the fixed-overhead rate. Explain.
-
One way to find a rational number between two distinct rational numbers is to add the two distinct rational numbers and divide by 2. Do you think that this method will always work for finding an...
-
At the end of the period, Jamison Products had an over-applied balance in Factory Overhead. If the company uses job order costing, what journal is prepared to dispose of this balance?
-
A 10-year semi-annual coupon bond (6% annual coupon rate) was issued eight years ago. You want to buy the bond today and current YTM is 10% and the face value is $1000. a) What is the duration and...
-
Taylor series The sinh function can be evaluated by the following infinite X3 X5 sinhx = x + 3! 5! (a) Write a function that needs as an input the value of x and the acceptable true percent error...
-
Calculate the TV of the XYZ company with a growth rate ranging from 2% to 5% and a WACC ranging from 8% to 14%. Remember, TV = FCFn * (1+g) / (WACC -g).
-
Find the term of the ordinary annuity in years and months (from 0 to 11 months). Interest Present Value Periodic Rent Payment Interval Rate $16,500 $900 6 months 4.1% She can make withdrawals for...
-
Explain how and why a speed bump in a particular market might be beneficial to slower traders competing against HFT traders.
-
Construct a 4 x 25 design confounded in two blocks of 16 observations each. Outline the analysis of variance for this design.
-
Do you think the use of technology in sports is based on the desire to gain an advantage or the fear of competing at a disadvantage? Is this an ethical concern for the use of technology?
-
Henry Horticultural, Ltd., is a leading producer of greenhouse irrigation systems. Currently, the company manufactures the timer unit used in each of its systems. Based on an annual production of...
-
Elizabeth Lee is a top seller on eBay. In fact, her business has grown so large that she can no longer manage her items on eBay's website and ship her products to the auction winners in a timely...
-
Marwick Innovations, Inc. produces exercise and fitness gear. Two of its newer products require a finishing process that can only be completed on machines that were recently purchased for this...
-
Give the worst-case Big O running time of this code and explain in detail how you arrived at this answer, assuming an ArrayList is passed. public static void f1( List 1st) { int i=0; while (i
-
Create a java program that will accept an integer and character. If the user input 'A', compute and display the sum of 10 integers else display "Invalid Character". run: Enter a letter: a Enter a...
-
Give the worst-case Big O running time of this code and explain in detail how you arrived at this answer. for(int j = 0; j < numItems; j++) { int i = numItems; while (i > 0) = i i 3; // integer...
Study smarter with the SolutionInn App