Describe the account analysis method for estimating a cost function?
Question:
Describe the account analysis method for estimating a cost function?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 52% (17 reviews)
The account analysis method estimates cost functions by cla...View the full answer
Answered By
Akshay Singla
as a qualified engineering expert i am able to offer you my extensive knowledge with real solutions in regards to planning and practices in this field. i am able to assist you from the beginning of your projects, quizzes, exams, reports, etc. i provide detailed and accurate solutions.
i have solved many difficult problems and their results are extremely good and satisfactory.
i am an expert who can provide assistance in task of all topics from basic level to advance research level. i am working as a part time lecturer at university level in renowned institute. i usually design the coursework in my specified topics. i have an experience of more than 5 years in research.
i have been awarded with the state awards in doing research in the fields of science and technology.
recently i have built the prototype of a plane which is carefully made after analyzing all the laws and principles involved in flying and its function.
1. bachelor of technology in mechanical engineering from indian institute of technology (iit)
2. award of excellence in completing course in autocad, engineering drawing, report writing, etc
4.70+
48+ Reviews
56+ Question Solved
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0136126638
13th Edition
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
Question Posted:
Students also viewed these Cost Accounting questions
-
Describe the conference method for estimating a cost function. What are two advantages of this method?
-
The account analysis method uses subjective judgment. So we cannot really consider it a valid method of cost estimation. Comment.
-
Describe the basic venture capital (VC) method for estimating a ventures value.
-
According to the Internal Revenue Service (IRS), the chances of your tax return being audited are about 1 in 100 if your income is less than $1 million and 9 in 100 if your income is $1 million or...
-
A plane flies with a constant velocity of 222 m/s. The clocks on the plane show that it takes exactly 2.00 h to travel a certain distance. (a) According to ground-based clocks, will the flight take...
-
As part of an employee satisfaction survey, a research team wants to conduct in-depth interviews with a random sample of 10 employees. The company's employee list is available in an Excel spreadsheet...
-
Phototronic Services Ltd has employed you as its accountant to record its business transactions. On 1 September 20x8, the following balance sheet is presented: Required 1 Produce the general journal...
-
Utilizing the AICPA Professional Standards database, conduct research to answer the following questions: a. In addition to completing the audit of Jacks Manufacturing, Inc. for the coming year, your...
-
Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are prepared monthly for each department. The planning budget and flexible budget for...
-
1. As Jamie Lee and Ross review their assets, can you tell them which will be valuable to them for income as retirement approaches? 2. Jamie Lee and Ross estimate that they will have one million...
-
Name four approaches to estimating a cost function.
-
List the six steps in estimating a cost function on the basis of an analysis of a past cost relationship which step is typically the most difficult for the cost analyst?
-
Refer to the Journal of Sport Behavior (2001) study of variety in exercise workouts, presented in Exercise. One group of 40 people varied their exercise routine in workouts, while a second group of...
-
Huxley Horticulture Ltd has $200,000 (face value) of 10-year bonds outstanding. Each $1,000 bond carries a 5% coupon, paid semi-annually, and is currently selling in the market for $950. They also...
-
A pipe of radius 1 . 3 m narrows to 0 . 4 m . If the fluid is traveling at 2 . 1 m / s in the larger radius pipe, calculate the fluid speed in the narrower pipe.
-
How does quality as a measure of reliability create competitive advantage for a firm? It eliminates the need for customer service. It improves responsiveness to customer needs. It increases value for...
-
A 25.0g block of silver is heated from 26.0 C with 125 J of heat. What is the final temperature of the block?
-
An angry recording musician throws his microphone at 38.0 km/h directly away from a guitar amplifier that is playing a constant (pure) tone. During this process, the microphone records a frequency of...
-
According to a recent article the average number of babies born with significant hearing loss (deafness) is approximately two per 1,000 babies in a healthy baby nursery. The number climbs to an...
-
What is the purpose of the journal wizard?
-
A buffer contains the weak acid HA and its conjugate base A . The weak acid has a pK a of 4.82 and the buffer has a pH of 4.25. Which statement is true of the relative concentrations of the weak...
-
Consider the following data collected for Theta Homes, Inc.: Required Compute the price, efficiency, and flexible-budget variances for direct materials and direct manufacturing labor. Cost incurred:...
-
The Alpha Company manufactures designer jewelry for jewelry stores. A new accountant intern at Alpha Company has accidentally deleted the calculations on the companys variance analysis calculations...
-
Dartford Enterprises Ltd manufactures just one product line of scientific calculators for engineers. The current standard cost of one unit of the product is as follows: During last month, due to an...
-
In developing a budget, which of the following should be considered? I. Balance sheet II. Chart of accounts III. Expenses from the current/past year IV. Purchasing contracts V. Physician compensation...
-
JOIICS SUIT SHOPSales BudgetQuarter 1Quarter 2Quarter 3Expected Sales Units150175Sales Price per Unit$250250$250otal Sales Revenue37,500$ JOIICS SUIT SHOPSales BudgetQuarter 1Quarter 2Quarter...
-
Which of the following statements is true concerning foreign income tax paid? Question 39Select one: a. If a taxpayer takes a subtraction on their Oregon return, then the subtraction is included as...
Study smarter with the SolutionInn App