Why is it artificial to unitize fixed costs?
Fantastic news! We've Found the answer you've been seeking!
Question:
Why is it artificial to unitize fixed costs?
Expert Answer:
Answer rating: 100% (QA)
Unitized fixed prices or cost Explanation For productcosting purposes constant prices are unitized d... View the full answer
Related Book For
Physics
ISBN: 978-0077339685
2nd edition
Authors: Alan Giambattista, Betty Richardson, Robert Richardson
Posted Date:
Students also viewed these accounting questions
-
Why is the brilliance of an artificial diamond made of cubic zirconium (n = 1.9) distinctly inferior to the real thing (n = 2.4) even if the two are cut exactly the same way? How would an artificial...
-
Why is it desirable to allocate variable costs and fixed costs separately?
-
Why can the distinction between fixed costs and variable costs be made in the short run? Classify the following as fixed or variable costs: advertising expenditures, fuel, interest on company-issued...
-
Nancy takes out a 29-year loan of $650,000 today. The bank charges interest at 3.6% p.a. compounded monthly. Nancy makes equal month-end payments starting in one month's time. Calculate how much...
-
For a fixed confidence level, show that (approximately) quadrupling the sample size is necessary to halve the margin of error. (Hint: Use Formula 8.1 on page 321.)
-
Assume you have the following jobs to execute with one processor, with the jobs arriving in the order listed here: a. Suppose a system uses FCFS scheduling. Create a Gantt chart illustrating the...
-
Use the data in Exercise 24 in Section 13.1 for the following. a. Compute a point estimate for the mean auditory response time for subjects with a visual response time of 200. b. Construct a 99%...
-
Anzola Company had the following data (in millions) for a recent period. Fill in the blanks. There was no beginning or ending inventories. a. Sales $920 b. Direct materials used 350 c. Direct labor...
-
1. Visit any business in your locality and identify its type (Manufacturing/Service/Trading) and prepare a brief summary on the various types of assets (Non-current and Current) you identified and...
-
Constructing a distribution of demand during reorder lead time is complicated if the lead time itself is variable. Consider the following distribution for a reorder point inventory system. a. What is...
-
A rm makes car seats for an automaker in two varieties: leather and fabric. The standard labor-hours for these are 1.2 and 1.0 hours, respectively. The seats are made in two work centers, sewing and...
-
Mary traded furniture used in her business to a furniture dealer for some new furniture. Mary originally purchased the furniture for $45,000 and it had an adjusted basis of $20,000 at the time of the...
-
11.61 liters of a gas at 740.7 kPa (gauge) pressure is heated at constant pressure to a temperature of 258 oC. If the final volume is 27.3 liters, what was the initial temperature? Express your...
-
Concord Corporation had net income of $1611000 and paid dividends to common stockholders of $402750 in 2022. The weighted average number of shares outstanding in 2022 was 483300 shares. Concord...
-
In 1998, the average price of a gallon of gas was $1.01. Today, the average price of a gallon of gas is $2.65. At what annual rate has a gallon of gas increased over the last 20 years? (Answer as a...
-
Mental health ranks as the third most common form of morbidity among Filipinos. Create or propose a social marketing campaign for mental health by presenting the stages of value co-creation,...
-
What are sources of Common Law ? Are they " Statutes" and '' Court Decisions''? If so describe shortly each of them. If not, can you please tell me what are sources of common law and describe them...
-
The following table shows the rates of total return in successive years from 2004 to 2008 for the Sprott Canadian Equity Fund and for the benchmark Toronto Stock Exchange S&P/TSX Composite Index. By...
-
A point charge q = + 3.0 nC moves through a potential difference V = Vf Vi = + 25 V. What is the change in the electric potential energy?
-
How much energy is required to ionize a hydrogen atom initially in the n = 2 state?
-
The columns built by the ancient Greeks and Romans to support temples and other structures are tapered; they are thicker at the bottom than at the top. This certainly has an aesthetic purpose, but is...
-
What forms of business organization are permitted under Rule 505-Form of Practice and Firm Name?
-
There currently are thirteen Rules of Conduct. Listed below are circumstances pertaining to some of these rules: 1. A member shall exercise due professional care in the performance of an engagement....
-
a. What aspects of a company's financial statements are covered in the first three reporting standards? b. What is the objective of the fourth standard of reporting?
Study smarter with the SolutionInn App