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3 years ago

Which method are managers using when they use their judgment to classify costs as variable

Business

1 answer:

oksian1 [2.3K]3 years ago

5 0

Answer:

Account Analysis

Explanation:

The estimation of different costs associated with the product is know account analysis. In this method the cost is measured into three categories as below

Variable cost
Fixed Cost
Mixed Cost

All these costs are calculated using linear algebra as below

Y= B + MX

where

Y is the total costs of product

B = Fixed Cost of the product

M = Variable cost of the product

X = Number of Units

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Roy dies and is survived by his wife, Marge. Under Roy’s will, all of his otherwise uncommitted assets pass to Marge. Based on t

tatiyna

Answer:

Explanation:

a.) R, M and M's sister A claims equivalent tenure in timberland worth $1.2 million. Despite the fact that A completed the first price tag, military conclusion is constrained to the degree of R's offer in Timberland. So military reasoning is $0.4 million (1/3 of $1.2 million)

Therefore, R's martial deduction is $0.4 million.

b.) Living arrangement worth $900,000 is claimed by R and M as occupants by the sum with right of survivor-ship. Despite the fact that R outfitted unique buy $450,000 ($900,000/2) will be remembered for Roy's gross domain and this sum speaks to the property that is given to M for reason for martial deduction.

In this way, R's martial deduction is $450,000

c.) Insurance policy on R's life is claimed by M and payable to her as the assigned recipient. It won't be remembered for net bequest of R and arrangement measure of $1 million isn't qualified for martial deduction. This is on the grounds that, martial deduction is permitted distinctly for property that is remembered for the perished companion's gross bequest.

Therefore, R's martial deduction is $0 million

d.)Insurance policy on R's life worth $500,000 possessed by R and M as the recipient. Despite the fact that the assigned recipient for protection arrangement on R's life is M (Roy's significant other), the sum is to be remembered for R's gross domain as it is possessed by R. This sum speaks to the property that is given to M for motivations behind martial deduction

Therefore, R's martial deduction is $500 million

e.) Dissemination from qualified pension plan of $1.6 million. Whole measure of $1.6 million will be moved to R's better half and it will be qualified for martial deduction

Therefore, R's martial deduction is $1.6 million

6 0

3 years ago

Less

MaRussiya [10]

Answer:

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Explanation:

kydkydlfo,r,ei,ro,ruf kydydiyk,r kiskydu*s**s usistsyd,y ususttstsu*

8 0

3 years ago

You are analyzing two companies that manufacture electronic toys – Like Games Inc. and Our Play Inc. Like Games was launched eig

frosja888 [35]

Answer:

A LOW days of sales outstanding represents an efficient credit and collection policy. Between the two companies, Like Games is collecting cash from its customers faster than Our Play, but both companies are collecting their receivables less quickly that the industry average. (5.51 days)

Our Play’s fixed assets turnover ratio is lower than that of Like Games. This could be because Our Play is a relatively new company, so the acquisition cost of its fixed assets is higher than the recorded cost of Like Games’s net fixed assets.

Like Games’s total assets turnover ratio is 1.05x, which is lower than the industry’s average total assets turnover ratio. In general, a higher total assets turnover ratio indicates greater efficiency.

Explanation:

DSO

Like Game 365 / (100,000 / 2,700) = 9.855

Our Play 365 / (100,000 / 3,900) = 14.235

Average 365 / (255,000/3,850) = 5.510

Fixed assets turnover:

LG 100,000 /55,000 = 1.82

100,000 / 95,000 ) = 1.052

average 255,000 / 234,600 = 1.087

OP 80,000 /55,000 = 1.45

Avg 255,000 / 216,750 = 1.18

4 0

3 years ago

A depreciation adjustment would include a debit to _____________________ and __________________________ to _______________

iragen [17]

Answer:

Depreciation Expense, Credit, Accumulated Depreciation.

6 0

2 years ago

Fusaro Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year.

WARRIOR [948]

Answer:

The amount of manufacturing overhead that would have been applied to all jobs during the period is $1,289,340.00

Explanation:

For computing the manufacturing overhead, first, we have to compute the predetermined overhead rate which is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

= $684,000 ÷ 20,000 hours

= $34.20

Now the applied overhead would be equal to

= Actual direct labor-hours × predetermined overhead rate

= 37,700 hours × $34.20

= $1,289,340.00

4 0

3 years ago

Which method are managers using when they use their judgment to classify costs as​ variable

Which method are managers using when they use their judgment to classify costs as variable