Chapter 2—Cost Terminology and Cost Behaviors MULTIPLE CHOICE 1. The term "relevant range" as used in cost accounting means the range over which a. | costs may fluctuate. | b. | cost relationships are valid. | c. | production may vary. | d. | relevant costs are incurred. | ANS: B PTS: 1 DIF: Easy OBJ: 2-2 NAT: AACSB: Reflective Thinking LOC: AICPA Functional Competencies: Measurement‚ Reporting 2. Which of the following defines variable cost behavior
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The sprint activity can be influenced by many anatomical‚ physiological‚ and morphological factors. These factors will be explained in this paper to identify the normal and abnormal status which may affect the sprint performance when analyzing the sprinting activity: • Stride length: Optimal sprint stride length can be achieved when the sprint is performed in proper technique. Stride length is defined as the distance covered with each stride and is improved by increasing the amount of force applied
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Lesson-13 Elements of Cost and Cost Sheet Learning Objectives • • • To understand the elements of cost To classify overheads on different bases To prepare a cost sheet Elements of Cost Raw materials are converted into finished products by a manufacturing concern with the help of labor‚ plants etc. The elements that constitute the cost of manufacturing are known as elements of cost. The elements of cost include the following: • • • Material Labor Expenses Each of these elements is again subdivided
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selecting strategies that yield a long-term competitive advantage. 2. Depreciation is an allocation of a sunk cost. This cost is a past cost and will never differ across alternatives. 3. The salary of the supervisor of an assembly line with excess capacity is an example of an irrelevant future cost for an accept-or-reject decision. 4. Past costs can be used to help predict future costs. 5. Yes. Suppose‚ for example‚ that sufficient materials are on hand for producing a part for two years.
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Costs and Revenues What is cost? If you go to a store and like an item and you want to buy it‚ which of the following questions would you ask: What’s the price of …..? 0R How much does …. cost? Examples of costs – set-up Examples of costs - running Fixed Costs 5000 What happened to the fixed costs if for some reason the company had technical problems and was unable to produce for 2 weeks? What happens if the landlord decided to raise the rent due to high property prices
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Latasha Thomas January 20‚ 2013 HSM 260 Jerome Anderson Exercise 10.1 Recompute fixed costs‚ variable costs‚ and the BEP. What are the variable costs? What are the fixed costs? How many meals will the WHDM program need to provide during the fiscal year to reach the BEP? How much profit will the program earn if it completes its 45‚000-meal contract with the City of Westchester? The variable cost of service is $3.93 during the fiscal year the WHDM should provide 1‚011 meals to reach their
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software and were very limited in function and communications capability. In August 1973 IBM announced the IBM 3650 and 3660 Store Systems that were‚ in essence‚ a mainframe computer packaged as a store controller that could control 128 IBM 3653/3663 point of sale registers. This system was the first commercial use of client-server technology‚ peer to peer communications‚ Local Area Network (LAN) simultaneous backup and remote initialization. By mid-1974‚ it was installed in Pathmark Stores in New Jersey
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James Perry Argument and Research Crash February 11‚ 2011 Racial profiling remains a topic that is still being debated on today especially since the terrorist attacks of September 11‚ 2001. The events of that day sparked a new way to look at others that do not look like exactly like us. Since the effects of that day‚ airports have been in the midst of racial profiling discussions‚ but these are not the only places that this can happen. In the movie Crash (2004)‚ a Persian-American man has
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interface‚ Cisco IOS adds a route to the routing table. We can verify this by observing output from the debug ip routing command. Step 2 – Enter interface configuration mode for R1’s LAN interface. R1#configure terminal. Enter configuration commands‚ one per line. End with CNTL/Z. R1(config)# interface fastethernet 0/0 Configure the ip address as specified in the Topology Diagram. R1(config-if)# ip address 172.16.3.1 255.255.255.0. is_up: 0 state: 6 sub state: 1 line: 1 has_route: False As soon
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calculate budget information for your University’s Valentine’s Day formal. Instructions: For the purpose of grading the project you are required to perform the following tasks: Step Instructions Points Possible 1 Download and open the file named exploring_e06_grader_h1.xlsx‚ and then save the file as exploring_e06c1Dance_LastFirst‚ replacing “LastFirst” with your name. 0 2 Use Goal Seek to achieve a $0 balance by changing the ticket price per person. 6 3 Beginning in cell E3‚ complete the series
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