Explain controllable costs and how controllability is related to responsibility accounting.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (13 reviews)
Controllable costs are those that are incurred as the result of or for the be...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
Joe Albright owns and operates a small chain of convenience stores in Waterloo and Cedar Rapids. The company has five stores including a downtown store and a Sumner store in the Waterloo division,...
-
1. Explain how centralized and decentralized companies dif-fer. What are the advantages and disadvantages of each! 2. Why does decentralization create the need for responsibil-ity accounting in an...
-
Chance Morton, the manager of the service department at the Proton Electronics Company, is evaluated based on the profit performance of his department. The profit of the department is down this year...
-
For what number does the principal square root exceed eight times the number by the largest amount?
-
A generating station is producing 1.2 106W of power that is to be sent to a small town located 7.0 km away. Each of the two wires that comprise the transmission line has a resistance per kilometer...
-
Multiple Choice Questions The following questions deal with audits by CPA firms. Choose the best response. a. Which of the following best describes why an independent auditor is asked to express an...
-
Find the number of recycle loops, the optimal number of tear streams, and the corresponding calculation sequence for the process flowsheet in Figure 7.38. Figure 7.38:- Figure 7.38 Process flowsheet....
-
The company ABC, L.C. manufactures some products with an average sales price of 25/unit, with fixed annual costs of 110,000. The average unit variable costs are 5. DEVELOP a) At what volume of...
-
You are a twenty year veteran company level fire officer (Level I and/or Level II as identified in Table 2-3 of the course textbook [Lieutenant or Captain]) in a career fire department assigned to an...
-
San Mateo Health Care Inc. is owned and operated by Rachel Fields, the sole stockholder. During January 20Y6, San Mateo Health Care entered into the following transactions: Jan. 1 Received $27,000...
-
If nonfinancial measures of operating performance are more easily interpreted and can be made available on a more timely basis than financial data, do financial reports generated by a responsibility...
-
What aspects of organizational structure are important to an effective responsibility accounting and reporting system?
-
Coal is mined and processed at the following four mines in Kentucky, West Virginia, and Virginia: Location .... Capacity (tons) A. Cabin Creek ... 90 B. Surry ..... 50 C. Old Fort ..... 80 D. McCoy...
-
In each of the following situations, indicate the statistical analysis you would conduct and the appropriate test or test statistic that should be used. a. Consumer preferences for Coca-Cola were...
-
What are the deliverables and milestones of a software development project?
-
If an investor commits $4,500 to an IRA each year for 30 years and receives 6% interest, what will her total investment be worth at the end of the 30 years?
-
Could an include use case have an include use case? Provide an example.
-
Name the strongest benefit and the greatest weakness of agile development methodologies.
-
What are the characteristic microstructural features associated with ductile fracture?
-
After Theorem 1.5 we note that multiplying a row by 0 is not allowed because that could change a solution set. Give an example of a system with solution set S0 where after multiplying a row by 0 the...
-
Actual costing, normal costing, accounting for manufacturing overhead. Destin Products uses a job-costing system with two direct-cost categories (direct materials and direct manufacturing labor) and...
-
Job costing, normal and actual costing. Anderson Construction assembles residential houses. It uses a job-costing system with two direct-cost categories (direct materials and direct labor) and one...
-
Budgeted manufacturing overhead rate, allocated manufacturing overhead. Waheed Company uses normal costing. It allocates manufacturing overhead costs using a budgeted rate per machine-hour. The...
-
1. Raman purchases a motor car from Bharathan whose cash price is Rs. 56,000 on 11.93. Rs. 15,000 is paid on signing the contract and the balance is to be paid in three equal annual instalments of...
-
Write a function that takes in a value x, a value el, and a list and adds as many el's to the end of the list as there are x's in the list. Make sure to modify the original list using list mutation...
-
Our office building has a total square footage of 120,000 square feet.We have 9 tenants in the building and no vacancies.The total square footage of the tenant spaces is 105,000.A) What is the Load...
Study smarter with the SolutionInn App