Under what circumstances is depreciation a fixed cost or a variable cost?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (14 reviews)
By definition a cost is considered variable if it cha...View the full answer
Answered By
Soumyaranjan Khuntia
I am currently teaching some BSc physics student for more than 3 years.
Just want to solve not only your problem but also give the ideas to solve more .
Hard work in good direction is key of success.
Everybody Can Do Everything (ECDE).
0.00
0 Reviews
10+ Question Solved
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
Question Posted:
Students also viewed these Accounting questions
-
Under what circumstances is an assets depreciation amount not included in total in a companys current income statement?
-
Under what circumstances is an inventory rollback or roll-forward typically performed? How valid is the evidence yielded by this audit procedure? Explain.
-
Under what circumstances is a contingent liability disclosed only in the notes to the financial statements? Under what circumstances is a contingent liability not recorded in the accounts nor...
-
ABC is a partnership owned by Angus, Black, and Campini, who share profits and losses in the ratio of 2:1:1, respectively. The account balances of the partnership at June 30, 2018, follow: ABC...
-
Wagon Wheels manufactures personalized wagons for toddlers. Each wagon goes through a woodworking process, painting, and assembly. Wagon Wheels produces and sells 7,200 wagons per year. Wagon Wheels'...
-
List the zeros of y = (x+4)(2x-3).
-
The five-year success rate of kidney transplant surgery from living donors is 86%. The surgery is performed on six patients. (a) Construct a binomial distribution. (b) Graph the binomial distribution...
-
The Hatcher Company is in the process of developing a new inventory management system. One of the event handling processes in that system is Receive Supplier Shipments. The (inexperienced) systems...
-
Copy your question from the blogpost and paste it in the first bullet in a Word doc.Then cut and paste the relevant principles of law, supported by cases, statutes, and other authorities that you...
-
For this exercise, we use JTRAIN.RAW to determine the effect of the job training grant on hours of job training per employee. The basic model for the three years is hrsempit = (0 + (1td88t + (2d89, +...
-
Does recording depreciation generate funds for the replacement of the asset? Explain.
-
What are the primary causes of depreciation? For each cause, indicate which depreciation method may be most appropriate. Would it be desirable to require all companies to use the same method?
-
The following information was summarized from the balance sheets included in the 2012 Form10-K of Kellogg Company and Subsidiaries at December 29, 2012, and General Mills, Inc., and Subsidiaries at...
-
Fatima took out a variable rate $15,000 loan on July 15 at prime + 2% when prime was set at 4%. The prime rate increased 1% on August 1. How much simple interest does Alex owe if the loan is paid...
-
Distinguishes the concept of accounting from that of finance. A financial plan is a process for obtaining and using the money required to implement the goals and objectives of an organization....
-
Cross regulators in main canals are provided (A) To regulate water supply in the distributaries (B) To increase water head upstream when a main canal is running with low supplies (C) To overflow...
-
[20 marks] 1. You measure the length of a metal rod with a ruler marked in mm. The length is between 37 mm and 38 mm, but closer to 38 mm. Write the measurement with the absolute error, and with the...
-
5. [20] The reflectance of a metal is 80% at normal incidence, and the extinction index K = 4.0. Find the real part n of the refractive index.
-
How should business decision makers proceed when the legality of a particular action is not clear?
-
Write an essay describing the differing approaches of nursing leaders and managers to issues in practice. To complete this assignment, do the following: 1. Select an issue from the following list:...
-
How many sigma bonds and how many pi bonds are there in each of the following molecules? | || | (a) H=C=C=C=C | H (c) :N=C H c=c H ic H H (b) H-C-C H T H (c) CHCHCHOCHCH3
-
Burke Company has purchased two tracts of land. One tract will be the site of its new manufacturing plant, while the other is being purchased with the hope that it will be sold in the next year at a...
-
Burke Company has purchased two tracts of land. One tract will be the site of its new manufacturing plant, while the other is being purchased with the hope that it will be sold in the next year at a...
-
One financial accounting issue encountered when a company constructs its own plant is whether the interest cost on funds borrowed to finance construction should be capitalized and then amortized over...
-
You have a business worth $1,000,000 and other assets (including your home) worth an additional $750,000. What is the recommended automobile insurance policy that you should carry to be FULLY...
-
Republic Services and Waste Management company Compare the companies' long term Revenue, Gross Profit, Operating Profit) and Net Income and related growth trends. What is the average three year...
-
A young couple own a home in NJ. They would like to have Homeowner Insurance coverage for their home in NJ, in case of frozen plumping and damage form heavy snow or power surges. Which Homeowner's...
Study smarter with the SolutionInn App