Question: What is the behavior Cost? Why do managers slit semi-variable costs into fixed costs into variable cost? What are the different methods of splitting the

What is the behavior Cost? Why do managers slit semi-variable costs into fixed costs into variable cost? What are the different methods of splitting the semi-variable cost into fixed and variable cost? Which method is more accurate and why?

Step by Step Solution

★★★★★

3.39 Rating (149 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

The behavior cost often referred to as cost behavior is a fundamental concept in managerial accounting that describes how costs change in relation to changes in an organizations level of activity or p... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Methods for separating semi variable costs into their fixed and variable components include all of the following except the: A. High-low method. B. Allocation method. C. Scatter graph method. D....

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

This is a research study, having four variables. .1)Leader humility 2)Antisocial behavior 3)mindfulness 4) Self-efficacy I need help to w.rite Abstract of this study and need you to make the sense...

Download a copy of the ACFE Compensation Guide for Anti-fraud Professionals, which is available at no charge at: www.acfe.com/documents/2008-comp-guide.pdf. Based on this resource, answer the...

In addition to a thermostatically-operated home heating system, identify two other feedback control systems that can be found in most residences. Describe briefly how each of them works: include...

If you discovered that an employee accessing confidential or sensitive data outside the safety of the workplace what would your reaction be?

=+e) State the hypotheses (in words, not symbols).

Ms. Mary Kelley has initial wealth W0 = $1,200 and faces an uncertain future that she partitions into two states, s = 1 and s = 2. She can invest in two securities, j and k, with initial prices of pj...

4. In Lawrence County, the real property tax year is billed for the calendar year. The tax becomes a personal liability of the owner of real property on January 1. On March 1, Reggie sells his house...

Using the Public MACRO BITCOIN scorecard spreadsheet (linked in its associated masterclass lesson - Long Term 32), create a COPY of it and perform a complete analysis for the date 22/2/2022....

Suncoast Food Centers has provided the following information with regard to the purchase of equipment. Acquisition cost of equipment $640,000 Useful life 5years Salvage value at end of useful life 0...

The J.R. Ryland Computer Company is considering a plant expansion to enable the company to begin production of a new computer product. The company's president must determine whether to make the...

The retail positioning matrix is an analytical tool thatA ) positions retail outlets in terms of the breadth of product line and value addedB ) identifies the best location for building or leasing a...

Since understanding forces in our environment that either help or hinder the acquisition of human capital, answer the following: What are the internal and external factors that influence an...

Case D Mr. Smith was transferred from the Coronary Care Unit to a semi-private room in Hapless Hospital. He decided to leave the hospital because he did not like his new accommodations or having a...

Think about Goleman's 6 leadership styles, and discuss how you think Goleman's leadership styles relate to the 4 quadrants of EI and the leadership styles outlined in this leadership questionnaire....

WACC Use the following information to answer the following questions. The risk-free rate is 2.00%, the market return rate is 8.50%, and Campbells's beta is 0.51. a.) What is Campbell's weighted...

The bookkeeper for Riley, Inc., made the following errors: a. A cash purchase of supplies of $357 was recorded as a debit to Supplies for $375 and a credit to Cash of $375. b. A cash sale of $3,154...

Happy Kitchen, Inc., produces several lines of dish towels and pot holders that are sold through department stores, grocery stores, and through wholesalers to smaller kitchen shops throughout the...

What does unavoidable mean when we talk about a cost? Why is it important?

Blue Ray is a local cable company that installs cable television, internet, and telephone systems for customers in a three-county area. Jack Ryder, the head of operations, has recently learned about...

This problem refers to the 1990 Census data presented in Problem 19 of Chapter 5 and in Problem 14 of Chapter 8. Use the computer output from Problem 14 of Chapter 8, along with the additional output...

Use the computer output for the radial keratotomy data of Problem 12 in Chapter 8, along with the additional output here, to answer the following questions. a. Perform the overall F test for the...

Use the computer output for the Business Week magazine data of Problem 13 in Chapter 8, as well as the additional output here, to answer the following questions. a. Perform the overall F test for the...