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vazorg [7]
3 years ago
11

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

  1. Variable cost
  2. Fixed Cost
  3. 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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Nuetrik [128]

Answer:

Units sold= 63,465 units

Cost of goods sold= $114,237,000

Explanation:

Giving the following information:

Allyson manufactured 68,500 jet skis. Finished goods inventory had the following units:

January 1: 14,385

December 31: 19,420

First, we need to calculate the number of units sold:

Units sold= production of the period + beginning inventory - ending inventory

Units sold= 68,500 + 14,385 - 19,420= 63,465 units

Cost of goods sold= 63,465*1,800= $114,237,000

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3 years ago
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MakcuM [25]

Answer:

revolving credit agreement

Explanation:

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Assuming a downward-sloping demand curve, a change in price, all held constant:a. May or may not result in a change in quantity
ziro4ka [17]

Answer:

d. Generates a change in quantity demanded.

Explanation:

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Answer:

See below

Explanation:

Required 1

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= [$612,000 ÷ $1,800,000] × 100

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Required 2

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$90,000

Less: Materials cost of job in process

($27,000)

Less: Overhead applied (34% × $27,000)

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ratelena [41]

Answer:

c

Explanation:

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