Question: Why are committed fixed costs the most difficult of the fixed costs to change?

Why are committed fixed costs the most difficult of the fixed costs to change?

Step by Step Solution

★★★★★

3.34 Rating (178 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Committed fixed costs are the most difficult to change because longterm commitments generally hav... View full answer

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

Document Format (1 attachment)

Word file Icon

345-B-M-A-D-M (1503).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!

Q:

Why are fixed costs not relevant for most short-term decisions?

Q:

Why are costs so difficult to assess in marketing internationally?

Q:

Why is it so difficult to change an organizational culture that is considered strong or influential in affecting the behavior of employees?

Q:

Why are committed fixed costs the most difficult of the fixed costs to change? O A. The committed fixed costs are not the most difficult to change. The most difficult fixed costs to change is the...

Q:

Why are committed fixed costs the most difficult to change of the fixed costs?

Q:

How do committed fixed costs differ from discretionary fixed costs? OA Discretionary fixed costs usually must be incurred for some time, and thus a great effort is needed to change or eliminate them,...

Q:

Old MathJax webview make project report on all question is full need project report on all os Handbook on Strategic Cost Management & Performance Evaluation - CA Final Concept Mustration: Pick out...

Q:

Good Morning PAtutor, Kindly find attach a copy of the questions that I spoke to you about. I also attach a copy of notes there. Look forward to heading from you. Broken Budgets? The traditional...

Q:

Which of the following is NOT an underlying assumption of cost-volume-profit analysis? A) We can classify expenses into fixed and variable categories. B) There will be changes in efficiency or...

Q:

*** ANSWER ALL QUESTIONS PLEASE *** 1. A logical structure of activities designed to analyze and evaluate management of expenditures is a cost Select one: a. control system b. avoidance system c....

Q:

Ethyl Corporation is a chemical manufacturing company which reported earnings before interest and taxes of $ 150 million this year. The firm has a cost of capital of 10%, a tax rate of 40% and...

Q:

Background Information Rapid changes in media, transport and communications technology have made the world economy more interconnected now than in any previous period of history. Many of the products...

Q:

Find equations of the spheres with center ( 1 , 3 , 6 ) that just touch ( at only one point ) the following planes. ( a ) xy - plane ( b ) yz - plane ( c ) xz - plane

Q:

The spoked wheel of radius r is made to roll up the incline by the cord wrapped securely around a shallow groove on its outer rim. For a given cord speed v at point P, determine the velocities of...

Q:

The dotplot shows the results of rolling a pair of fair, sixsided dice and finding the sum of the up-faces 100 times. Describe the shape of the distribution. 2. 6. 8 10 12 Sum of the up-faces on a...

Q:

Refer to Exercise 11. Here are summary statistics for the percent of foreign-born residents in the 50 states: a. Find and interpret the z-score for Montana, which had 1.9% foreign born residents. b....

Q:

Listed below are amounts of strontium-90 (in millibecquerels or mBq per gram of calcium) in a simple random sample of baby teeth obtained from Pennsylvania residents born after 1979 (based on data...

Q:

Represent the translational mechanical system shown in Figure P3.5 in state space, where x 1 (t) is the output. x2(1) M3 = 1 kg x3(1) K = 1 N/m fv, = 1 N-s/m M2 = 2 kg fv, = 1 N-s/m f(1). X1(1) K2 =...

Q:

Summarize the majority opinions argument supporting its holding that the statute meets the constitutional requirement of reasonableness.

Q:

Jerry operates a cybercaf-cum photocopy center near a college in Tucson, Arizona. Due to the high demand for photocopying, he is considering installing a second photocopier. The new machine will have...

Q:

As per the contract with her modeling agency, Emma Watson is to receive $60,000 at the end of every year that she works for the agency and $350,000 on termination beyond the second year. If Emma...

Q:

Land Rover wants to extend its product line further. For this purpose, it has approached the Bank of England. They agreed on an annual rate of 5%. 1. Suppose Land Rover agrees to repay 900 million at...

Q:

part c handwritten please You are considering two risk-free investment plans proposed by your investment consultant. The details of the projected incomes of these two plans are as follows: Plan I: An...

Q:

On May 15, Year 1, Moran Inc. approved a plan to dispose of a component of its business. It is expected that the sale will occur on February 1, Year 2, at a selling price of $500,000, which was the...

Q:

Business and financial risk 1. Business and financial risk Aa Aa The impact of financial leverage on return on equity and earnings per share Consider this case: Suppose Sonaiya Development Group is...