Question: Why are cost behaviors and estimates usually only valid within a certain relevant range? Costs will always increase and can change profit margins over time

Why are cost behaviors and estimates usually only valid within a certain relevant range?
Costs will always increase and can change profit margins over time
Inflation can cause the value of money to change over time
Changes in pricing because cost relationships can change over time
Efficiency of scale can cause changes in cost and profits over time
Why are cost behaviors and estimates usually only

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
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!

Q:

Why are cost behaviors and estimates usually only valid within a certain relevant range? Changes in pricing because cost relationships can change over time Inflation can cause the value of money to...

Q:

Why are cost behaviors and estimates usually only valid within a certain relevant range? O Costs will always increase and can change profit margins over time Efficiency of scale can cause changes in...

Q:

I need this done using your own work. I need to see how you got the answers and try to show work s we look back on 2014, we are pleased with our accomplishments. We continued to focus for many...

Q:

I am working on a group project and I am working on assignment 5. I have attached the assignment and the financial report I need to work off of. I would like some one to help me with this. Please let...

Q:

I am working on a group project and I am working on assignment 5. I have attached the assignment and the financial report I need to work off of. I would like some one to help me with this. Please let...

Q:

Application Applying Accounting Standards Managers must make decisions with respect to the financial reporting necessary to apply accounting standards. Consider the article ?Halliburton: Accounting...

Q:

This assignment is very urgent! Be as Accurate as possible providing explanations to each answer. Chapter 1 1.Managerial Accounting and Financial Accounting differ in the following way: A. Financial...

Q:

i need 5 balance sheets for Auto Zone company from the resources "attachments and the link below" for the last 5 years, 2011-2012-2013-2014-2015 with the sixth page including the total income and...

Q:

Old MathJax webview please complete 1 2 and 3( there is no additional information) thanks **UPDATED QUESTIONS*** 1) what discourses or information, if any, does the company include about their...

Q:

Employment & Recruiting Agencies in the US\u0003September 2015 1 WWW.IBISWORLD.COM\b You're hired: A more stable labor market and new online recruiting methods will boost revenue IBISWorld Industry...

Q:

What official documents and authorizations should an auditor read when performing preliminary analytical procedures?

Q:

A portfolio consists of the following four stocks. What is the expected return of theportfolio? Current Expected Return Stock Market Value s 180,000 145,000 452,000 223,000 $1,000,000 8% 10 12

Q:

Which of the following is an example of a fixed cost? Multiple choice question. monthly electricity cost annual property tax weekly direct materials cost cost of goods reported in quarterly income...

Q:

Determine the major differences between U.S. GAAP and IFRS disclosure reporting requirements related to each separately reportable operating segment. Next, give your opinion as to whether either U.S....