FREE Trial

(i). Discuss the implications of cost-plus contracts from the viewpoint of: (a). Manufacturer (b). Customer (ii). What is the relevance...

Question:

(i). Discuss the implications of cost-plus contracts from the viewpoint of:

(a). Manufacturer 

(b). Customer

(ii). What is the relevance of the escalation clause provided in a contract?  

This problem has been solved!


Do you need an answer to a question different from the above? Ask your question!

Step by Step Answer:

Answer rating: 100% (QA)

i Implications of Cost Plus Contracts a Manufacturer s Viewpoint Cost plus contracts can have several implications for manufacturers Profit Margin Control Manufacturers may benefit from cost plus cont…View the full answer


answer-question
Answered By
tutor-profile-image
Owino Otieno
My proficiency as a tutor lies in my ability to understand and respond to questions, provide explanations, and offer detailed information on various topics. I can help with academic subjects such as mathematics, science, history, literature, and more. I can also provide assistance with writing, proofreading, and language learning. I am capable of adapting to different learning styles and can present information in a clear and concise manner. I can break down complex concepts into simpler terms, provide examples and illustrations, and engage in interactive discussions to enhance the learning experience. Additionally, I can offer guidance on problem-solving strategies, critical thinking, and exam preparation.
0.00 0 Reviews 10+ Question Solved
Related Book For  answer-question
Cost Accounting

Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

See More Books
Question Details
Chapter # 10- Job-Order Costing: Cost Flows and External Reporting
Section: Theory Questions
Problem: 3
View Solution
Create a free account to access the answer
Cannot find your solution?
Post a FREE question now and get an answer within minutes. * Average response time.
Question Posted: September 05, 2023 06:19:14
See More Questions

Students also viewed these Business questions

Q:
Discuss the implications of cost structure on market price variability.
A:
Industry adjustment occurs in either of two ways When the market pr......
Q:
In 1895, Ignaz Schwinn and his partner, Adolph Arnold, incorporated the Arnold, Schwinn & Company in Chicago to produce bicycles. In the early years with bicycle products such as the "Roadster," a...
A:
1 Since two independent......
Q:
Mr. Burns, president of Greetings Inc.. created the Wall Decor unit of Greetings three Sears ago to increase the company's revenue and profits Unfortunately, even though Wall Decor's revenues have...
A:
1 ABC is beneficial when traditional overhead allocation results in inaccurate product costing Wall Dcor should investigate the product costing system because in order to sell the unframed prints the......
Q:
Create a 3-panel informational brochure on threats to government computer systems and the potentials effects of these threats. To create your brochure, you can use brochure builder or another program...
A:
Introduction Today there are vulnerabilities and huge risks of attack of government computers or government agencies Recently there have been reports of cyber attacks against Anthem H Insurance and th......
Q:
Construct a stem-and-leaf plot for the following data. Let the leaf contain onedigit. 312 324 289 335 298 314 309 294 326 317 290 3 317 301 316 306 286 308 284 324
A:
STEM LEAF 28......
Q:
What is meant by a motive hierarchy? How does Maslows hierarchy of needs function?
A:
A motive hierarchy simply means that some motives are more important or basic than others Mas......
Q:
Consider a down-and-in American call C di (S, ; X,B), where the down-and-in trigger clause entitles the holder to receive an American call option with strike price X when the asset price S falls...
A:
Click to View...
Q:
Consider trade relations between the United States and Mexico. Assume that the leaders of the two countries believe the payoffs to alternative trade policies are as follows: a. What is the dominant...
A:
a If Mexico imposes low tariffs then the United States is better off with high tariffs because it ge......
Q:
In your own words, briefly describe what 'Article 4 - Protection of rights' (from the United Nations Convention on the Rights of the Child) talks about. Provide two (2) examples of this Protection...
A:
Article 4 of the United Nations Convention on the Rights of the Child UNCRC emphasizes the commitmen......
Q:
Review the methods used by supply chain managers to mitigate SCIS implementation risks.
A:
While information technology holds great promise for enhancing supply chain performance and organizational competitiveness success is not guaranteed Supply chain managers must carefully evaluate their......
Q:
Which of the following will not be used in job-order costing? (a). Standards. (b). Marginal costing. (c). Averaging of direct labour and material rates. (d). Factory overhead allocation based on...
A:
b Marginal costing Marginal costing is not typically used in job order costing Job order costi......
Q:
Honesty Engineering Works has a machining shop in which it manufactures two auto parts, P1 and P2 out of forging F1 and F2. For the quarter ending December 2003, following cost data are available:...
A:
To prepare the cost sheets for products P1 and P2 and calculate the profit earned on each of them we ll follow these steps Let s begin Cost Sheet for......
Q:
In Problem find the conditional probability, in a single roll of two fair dice, that The roll is doubles, given that the sum is 10.
A:
D roll is doubl......
Q:
All of the following acronyms are cloud services type laaS, PaaS, and SaaS laaS, WaaS, and SaaS laaS, PaaS, and VaaS Baas, PaaS, and SaaS
A:
The detailed answer for the above question is provide......
Q:
Akash Ltd. is considering investment in a new project with equipment of Rs.10,00,000. The project will provide before-tax cash flows of Rs.6,00,000 per year for five years. The project will be...
A:
The NPV of the project is positive This means that the proje......
Q:
Consider a mortgage for 54, 000$ that should be paid by monthly payments (paid at the end of each month) of the same amount in 30 years with a nominal interest rate of 4%. 1. Calculate the monthly...
A:
To calculate the monthly payment for a mortgage of 54 000 with a nominal interest rate of 4 to be pa......
Q:
Write a JavaFX program with the following controls: Two RadioButton controls with the values Fahrenheit and Celsius. TextField control that accepts temperature input from user. Text that displays...
A:
Click to View...
Q:
What is the specific heat capacity of the metal? How many grams of water would require 92.048 kJ of heat to raise its temperature from 34.0 C to 100.0 C? 5 points
A:
Answer To calculate the heat required to raise the temperature of a substance you can......
Q:
Determining the break-even point and preparing a break-even graph Executive officers of Vaclar Company are assessing the profitability of a potential new product. They expect that the variable cost...
A:
a N Number of units to break even Sales Variable cost Fixed cost Profit Sales price x N V......
Q:
Use integration by parts to evaluate the following. Check your answer by taking the derivative. x2e-xdx
A:
Pick u x x 2 and dv......
Q:
RI is not identical to ROI, although both measures incorporate income and investment into their computations. Do you agree? Explain.
A:
Yes Residual income RI is not identical to retu......
Q:
Describe EVA.
A:
Economic value added EVA is a specific type o......
Q:
Describe EVA.
A:
Economic value added EVA is a specific type o......
Tl Dr Handbook Optimizing Financial Decisions Based On Your Nystrs Benefits 1st Edition - ISBN: 979-8389114050 - Free Book