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Author: mfadmin

dependent variable,”a variable that responds to some causal factor: total cost is dependent veriable, as represened by the letter y

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.dependent variable,”a variable that responds[…]

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fixed costs,”a cost that remains constant, in total, regardless of changes in the level of activity within relevant range. If a fixed cost is expressed on a per unity basis

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.fixed costs,”a cost that remains[…]

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Independent variabl,”a variablethat acts as vausal facto: activity is the independent variable

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Independent variabl,”a variablethat acts as[…]

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least-squares regression method

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.least-squares regression method A method[…]

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product costs,”all costs that are involved in acquiring or making a product. In the case of manufactured goods, these costs consist of direct materials, direct labor

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.product costs,”all costs that are[…]

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Cost Structure,”the relative proportion of each type of cost in an organization (includes fixed, variable

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Cost Structure,”the relative proportion of[…]

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Activity Base,”a measure of whatever causes the incurrence of variable cost (this is also known as a cost driver because for something to be variable

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Activity Base,”a measure of whatever[…]

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Step-Variable Costs

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Step-Variable Costs the cost of[…]

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decreases,”because fixed costs remain constant in total

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.decreases,”because fixed costs remain constant[…]

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Discretionary fixed costs,”(often referred to as managed fixed costs) usually arise from annual decisions by management to spend on certain fixed cost items

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Discretionary fixed costs,”(often referred to[…]

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