What are the advantages of the contribution margin format based on variable costing compared to the traditional
Question:
Contribution Margin
Contribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
For performance evaluation purposes the costing format should identify the actual cost...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher
Question Posted:
Students also viewed these Managerial Accounting questions
-
What are the advantages of publicity compared with advertising?
-
What are the advantages of purchasing inventory in large quantities? What are the advantages of purchasing it in small quantities?
-
What are the advantages of leasing rather than purchasing an asset? What are the advantages of purchasing rather than leasing an asset?
-
In Problem perform the indicated operations and reduce answers to lowest terms. 2 4 ? 16 x? + 4x
-
During 2012, the first year of its operations, Profit Industries purchased the following securities: During 2013, Profit sold one-half of security A for $8,000 and one-half of security D for $15,000....
-
Evaluate (counterclockwise). Show the details.
-
You sell a brand of thermostat that has a life expectancy that is normally distributed, with a mean life of 8.5 years and a standard deviation of 0.75 years. You want to give a guarantee for free...
-
Benick Industries purchased a new lathe on January 1, 2011, for $300,000. Benick estimates that the lathe will have a useful life of four years and that the company will be able to sell it at the end...
-
Interest rate swap Triple A and Triple B have been offered the following rates per annum on a $10 million 5-year loan: Triple A Triple B S&P credit rating AAA BBB Fixed rate 10.5% 13.6% Floating...
-
The Junebug Corporation is preparing its annual financial statements and needs to determine which of the following events subsequent events. If the event is a subsequent event, identify whether it...
-
The following exchange occurred just after the finance staff at Diversified Electronics rejected a capital investment proposal. David Parker (Product Development) : I just don't understand why you...
-
The flexible budget for costs is computed by multiplying average total cost at the master budget activity level by the activity at some other level. Is this true or false? Why or why not?
-
When Brunos basis in his LLC interest is $150,000, he receives cash of $55,000, a proportionate share of inventory, and land in a distribution that liquidates both the LLC and his entire LLC...
-
Phone Corporation owns a 90% interest in Style Company, acquired several years ago at a cost equal to book value and fair value. Style sells merchandise to Phone for the first time in 2023, and some...
-
Consider the following fragment of the Data Flow Graph (DFG) of the differential equation solver used in the course slides, HLS-scheduling; we are only concerned with output ul of the DFG. You are...
-
Within what percentage of the correct value would you expect an order-of-magnitude calculation to result? 1. 100% 2. 10% 3. 1000% 4. 1%
-
The management of the "El Paraso" furniture store, a chain of furniture stores, designed an incentive plan for its sales agents. To evaluate this innovative plan, 7 vendors were randomly selected,...
-
Blue Ocean Industries has purchased a machine one year ago at the cost of 12000. At the time of purchase the estimated life of the machine was 6 years with no salvage value. The annual cash operating...
-
If the Warren County General Fund has a long-term receivable from another county fund (and the use of the proceeds when collected is not restricted, committed, or assigned), the receivable will be...
-
The Taylor's series expansion for cosx about x = 0 is given by: where x is in radians. Write a user-defined function that determines cosx using Taylor's series expansion. For function name and...
-
The jdb is used to (a) Create a jar archive (b) Debug a Java program (c) Create C header file (d) Generate Java documentation
-
Refer to the data in Exercise 8-48. The marketing manager cannot believe that the controller wants to treat all bicycles the same. He says that in order to understand where to target marketing...
-
In the context of time-driven ABC, what are time equations?
-
The cost accounting manager at your business says that he is trying to choose between a job costing system and an ABC system. How would you respond?
-
There are two real numbers a for which (2x)+15 (1-x) = 8x - 3x + 2. The sum of these two real numbers is
-
Net sales Cost of goods sold Depreciation INCOME STATEMENT (Figures in $ millions) Earnings before interest and taxes (EBIT) Interest expense Income before tax Taxes Net income $ 882.00 742.00 32.00...
-
Venita is sewing new curtains. The table below shows the relationship between the number of stitches in a row and t length of the row. Sewing Number of Length (cm) stitches 5 1 15 3 20 4 30 6 What is...
Study smarter with the SolutionInn App