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3 years ago

Which statistical function will be most helpful to a cost accountant trying to determine the best cost driver for an activity?.

1 answer:

7 0

The statistical function that will help to determine the best cost driver for an activity is called Activity Cost Driver.

<h3>What is an Activity Cost Driver?</h3>

This is an accounting term. It describes the factor which increases or decreases the cost of specific business activity such as labor, maintenance, and other variable costs.

Examples of Activity Cost Drivers are:

Machine setups
power consumed
quality inspections
production orders etc.

See the link below for more about Activity Cost Driver:

brainly.com/question/26165222

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1. A small-scale businessman deposits money at the beginning of each year into his savings account, depending on the level of th

quester [9]

Answer:

The value of the investment at the time of his first deposit is $1,000.

At the end of the first year, the investment will be worth $1,070.

Explanation:

The value of a deposit investment is determined by the interest rate and time. Time affects the value of an investment by this small-scale businessman in many ways. The passage of time increases the value of his investment. However, the total increase may not be due to the interest rate, but inflation also affects asset's value. For this businessman to make a gain in the investment, the interest rate must be higher than the inflation rate. Otherwise, the investment loses money due to the effects of inflation, which reduces the real value of an asset over time.

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3 years ago

Tennis rackets can be purchased for $60 each from an outside vendor. it costs the manufacturer $80 a piece to produce them, of w

Sliva [168]

The rest of your question:

unavoidable fixed overhead cost. What are the relevant costs for this decision? Based only these costs, which option should the company <span>choose?
The answer:
Relevant cost to make and Buy.</span>

6 0

3 years ago

Airline Accessories has the following current assets: cash, $112 million; receivables, $104 million; inventory, $192 million; an

ioda

Answer:

Current Ratio = 2.67

Acid-Test Ratio = 1.50

Explanation:

Given:

Current assets:

cash = $112 million

receivables = $104 million

inventory = $192 million

other current assets = $28 million

Liabilities:

accounts payable = $118 million

current portion of long-term debt = $45 million

Long-term debt = $33 million

FInd:

Current ratio

Acid-test ratio

Computation:

Current assets = Cash + Receivables + Inventory + Other Current Assets

Current assets = [112 + 104 + 192 + 28] Million

Current assets = $436 million

Current Liabilities = Accounts Payable + Current portion of Long term debt

Current Liabilities = [118 + 45] million

Current Liabilities = $163 million

Current Ratio = Current assets / Current Liabilities

Current Ratio = $436 Million / $163 Million

Current Ratio = 2.67

Acid-Test Ratio = [Current Assets – Inventories] / Current Liabilities

Acid-Test Ratio = [$436 Million - $192 Million] / $163 Million

Acid-Test Ratio = $244 Million / $163 Million

Acid-Test Ratio = 1.50

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3 years ago

Suppose the first bill is passed, raising the probability of catching any given terrorist from 10% to 20%. however, this isn't e

Gennadij [26K]

The correct answer is 40 million additional visitors per year.

Suppose the first bill is passed, raising the probability of catching any given terrorist from 10% to 20%. However, this isn't enough for some. One representative introduces a bill that would increase security by an additional 10 percentage points, from 20% to 30%. Again, assume these measures do not change the position of the blue curve.

The opportunity cost of this additional measure is 40 million additional visitors per year.

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4 years ago

In ____ communication schemes the sender and receiver are linked and ready to send and receive

bazaltina [42]

Hello, Mandalou7124. Thanks for writing in.

You asked: In ____ communication schemes the sender and receiver are linked and ready to send and receive.

From that problem, you are asking to fill in the blank.

The answer that goes in the blank is Synchronous.

You would rewrite it like: In <u>synchronous</u> communication schemes the sender and receiver are linked and ready to send and receive.

Synchronous is like something is occurring but something else is happening at the same time. In this case, they are ready to send and receive.

7 0

3 years ago