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Category: Accounting

Step 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 Costs Costs that are[…]

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Benefits of Variable Costing

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Benefits of Variable Costing –[…]

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Direct Labour Costs

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Direct Labour Costs The cost[…]

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Cost Estimation Methods,”Account analysis, Scattergraphs

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Cost Estimation Methods,”Account analysis, Scattergraphs[…]

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Purposes of Costs Allocation,”(1) Provide information for decision making, (2) to reduce frivolous uses of common resources, (3) to encourage managers to evaluate the efficiency of internally provided services

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Purposes of Costs Allocation,”(1) Provide[…]

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Nonmanufacturing Costs,”Also known as period costs. All costs that are not associated with the production of goods. Typically selling

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Nonmanufacturing Costs,”Also known as period[…]

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Scattergraphs

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Scattergraphs Plotting of historical data.[…]

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Relative Benefits Approach to Allocation

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Relative Benefits Approach to Allocation[…]

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Selling Costs,”All costs associated with securing and filling customer orders. (Advertising, sales personnel, depreciation of automobiles

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Selling Costs,”All costs associated with[…]

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High-Low Method,”Fits a straight line to the data points representing the highest and lowest levels of activity .(Cost at high)-(Cost at low)/ (High level of activity) – (Low level of activity)May not adequately represent all of the data

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.High-Low Method,”Fits a straight line[…]

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