Explain how a cost can be controllable at one administrative level and noncontrollable at another administrative level.

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Managerial Accounting

ISBN: 978-0470578797

4th edition

Authors: James Jiambalvo

See More Books

Question Posted: Sep 12, 2013 09:50 AM

See More Questions

A cost can be either an asset or an expense. Required a. Distinguish between a cost that is an asset and a cost that is an expense. b. List three costs that are assets. c. List three costs that are...
A cost can be variable or fixed depending on the time horizon. Do you agree? Explain.
Explain the difference between a controllable and a noncontrollable cost.
Track a futures contract for 5 consecutive days record the prices and write a short summary (150-200 words) describing how and why prices moved the way they did. You will be graded upon correctly...
Consider Figure 20.20. Assume that each gate produces a delay of 10 ns. Thus, the sum output is valid after 30 ns and the carry output after 0 ns. What is the total add time for a. 32-bit adder a....
Problem are concerned with the linear system y = mx + b y = nx + c where m, b, n, and c are nonzero constants. If m = 0, how many solutions does the system have?
What is the function of an administrative agency?
Professors Adams and Brown make up the entire demand side of the market for summer research assistants in the economics department. If Adamss demand curve is P = 50 - 2QA and Browns is P = 50 - Q B ,...
Evaluate the impact of capital structure decisions, including debt-equity ratio optimization, on firm value and cost of capital .
In March 2011, Mary Tone organized a corporation to provide package delivery services. The company, called Tone Deliveries, Inc., began operations immediately. Transactions during the month of March...
Indicate whether each of the following costs is most likely a fixed cost or a variable cost by writing fixed or variable in the space provided. ______ a. Assembly labor. ______ b. The cost of...
Peter Takesha, the manager of testing services at a medical diagnostics firm, purchased a new lab testing machine last year for $30,000. This year a new machine, which is faster and more reliable...
Consider the following two projects: a. If the opportunity cost of capital is 11%, which of these two projects would you accept (A, B, or both)? b. Suppose that you can choose only one of these two...
If the Indian government misses its deficit target, how will the demand for or supply of loanable funds in India change? The government of India set a budget deficit target of 3 percent of GDP for...
Supporting the safety of employees and customers is a stated goal for most organizations. Besides its importance for individual employees and for society more broadly, safety is linked to...
Explain the possible reasons why fiscal stimulus is needed in China. Chinas reliance on infrastructure spending to drive overall investment hit a new high in 2017. Chinese economic planners have...
With more than 400,000 employees worldwide, the global consulting and professional services company Accenture has a large number of employees receiving performance reviews every year. When Accenture...
If the Indian government reduces its deficit and achieves its target, how will the demand for or supply of loanable funds in India change? The government of India set a budget deficit target of 3...
A parallel RLC network, with R = 50.0 , C = 200 F, and L = 55.6 mH, has an initial charge Q 0 = 5.0 mC on the capacitor. Obtain the expression for the voltage across the network.
Factor and simplify, if possible. Check your result using a graphing calculator. 3 cot 2 + 6 cot + 3
What actions, if any, is your company taking to pursue continuous improvement in how it performs certain value chain activities?
Suppose net income is much higher than cash flow from operations. Why is this potentially indicative of earnings manipulation?
In addition to the three basic financial statements, what other information sources can be used to gain insight into a companys current and future financial performance?
A company is applying for a line of credit at a bank. The companys current ratio is 2, but Inventory is 75 percent of current assets. Discuss why the bank might have concerns about extending a line...
Write a short report on a (recent) development that affects the audit market, the audit profession and audit quality. In this report, you are asked to 1) Briefly describe the development and its link...
How do cutting-edge technologies such as artificial intelligence and blockchain facilitate organizational flexibility, enabling dynamic resource allocation, process optimization, and rapid...
How can individuals cultivate cognitive flexibility and emotional resilience amidst the complexities of modern life, navigating intricate personal and professional dynamics to thrive in rapidly...

Explain how a cost can be controllable at one administrative level and noncontrollable at another administrative level.

Question:

Step by Step Answer:

A cost is controllable by a manager whose actions affect the cost ...View the full answer

Managerial Accounting

Students also viewed these Managerial Accounting questions