What is an activity base and why is it important in analyzing cost behavior?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (7 reviews)
An activity base is a measure of a type of business activity that drives variable costs The activi...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
Question Posted:
Students also viewed these Managerial Accounting questions
-
What is an open system and why is it important for an organization to be open to its environment?
-
What is the split-off point, and why is it important in analyzing joint costs?
-
What is an off-label use, and why is it important to companies?
-
In Exercises 3542, describe and sketch the surface given by the function. f(x, y) = Jxy, 0, x 0, y 0 x <0 or y < 0
-
In Problem, find the transpose of each matrix. 5 0 1
-
Because gambling is big business, calculating the odds of a gambler winning or losing in every game is crucial to the financial forecasting for a casino. A standard slot machine has three wheels that...
-
Three proposals (P, Q, and R) are available for investment. Exactly one or two proposals must be chosen; Proposals P and Q are mutually exclusive. Proposal R is contingent on Proposal P being funded....
-
On January 1, 2012, Agassi Corporation had the following stockholders equity accounts. Common Stock ($10 par value, 60,000 shares issued and outstanding) ....$600,000 Paid-in Capital in Excess of Par...
-
Pricing is the amount of money charged for a product or service. Discuss reasons why it is difficult to price a service than a good ?
-
Three engineers who worked for Mitchell Engineering, a company specializing in public housing development, went to lunch together several times a week. Over time they decided to work on solar energy...
-
Section 404 of the Sarbanes-Oxley Act (SOX) is designed to nip accounting problems in the bud, before they can blossom into fraud, by focusing on internal controls. Many companies, in complying with...
-
What is the effect of an increase in activity on the following items? a. Total variable costs. b. Variable costs per unit of activity. c. Total fixed costs. d. Fixed costs per unit of activity.
-
You have borrowed $50,000 at an interest rate of 12%. Equal payments will be made over a three-year period. (The first payment will be made at the end of the first year.) What will the annual payment...
-
Your company has two divisions: One division sells software and the other division sells computers through a direct sales channel, primarily taking orders over the Internet. You have decided that...
-
The Fast Reader Company supplies bulletin board services to numerous hotel chains nationwide. The owner of the firm is investigating the desirability of employing a billing firm to do her billing and...
-
You are negotiating with your underwriters in a firm commitment offering of 8 million primary shares. You have two options: set the IPO price at $25.00 per share with a spread of 7%, or set the price...
-
Hand-to-Mouth (H2M) is currently cash-constrained, and must make a decision about whether to delay paying one of its suppliers, or take out a loan. They owe the supplier $10,000 with terms of 2/10...
-
Wright Brothers, Inc., sold 4 million shares in its IPO, at a price of $18.50 per share. Management negotiated a fee (the underwriting spread) of 9% on this transaction. What was the dollar cost of...
-
A steam engine operating between a boiler temperature of 220 C and a condenser temperature of 35.0 C delivers 8.00 hp. If its efficiency is 30.0 percent of that for a Carnot engine operating between...
-
In the synthesis of the keto acid just given, the dicarboxylic acid decarboxylates in a specific way; it gives Explain. HO rather than HO
-
If the payback rule does not give the same answer as the NPV rule, which rule should you follow? Why?
-
Early in 2018, Robbinsville Press was organized with authorization to issue 100,000 shares of $100 par value preferred stock and 500,000 shares of $1 par value common stock. Ten thousand shares of...
-
Early in 2018, Searfoss, Inc., was organized with authorization to issue 2,000 shares of $100 par value preferred stock and 300,000 shares of $1 par value common stock. Five hundred shares of the...
-
McMinn Publications was organized early in 2016 with authorization to issue 20,000 shares of $100 par value preferred stock and 1 million shares of $1 par value common stock. All of the preferred...
-
The idle time in the binding shop based on the sequence developed using Johnson's rule = enter your response here hour(s) (enter your response as a whole number). a-b) Using Johnson's rule for...
-
A $67,000 machine with a 7-year class life was purchased 2 years ago. The machine will now be sold for $50,000 and replaced with a new machine costing $88,000, with a 10-year class life. The new...
-
The "Fly By Night" Used Car Lot uses the following to illustrate their 8.7% finance plan on a car paid over 4 years. Cost of the car: 8.7% finance charge: $13800 $4802.4 (that is, 8.7 %/year x $13800...
Study smarter with the SolutionInn App