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Absorption Costing,”Required by GAAP for external reportingAssign all manufacturing costs to products (DM, DL, Variable MOH
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Absorption Costing,”Required by GAAP for[…]
Read more“the equation for a straight line is y=fx+v, where y is the total cost, f is the fixed cost per unit, x is the volume of activity, and v is the variable cost per unit”
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Read moreVariable Costing,”Assigns only variable manufacturing costs to products (DM, DL
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Variable Costing,”Assigns only variable manufacturing[…]
Read more“total fixed costs can be expressed as y=vx, where y=total variable cost, v=variable cost per unit of activity, and x=volume of activity”
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Read morefollowing schedule for 3 volumes *,”total fixed costs = total variable cost/total garments (very top number)variable cost per garment = fixed cost per garment X total garments (top number)– to find if it is underestimated or over estimated, you take the last average cost per garment X how many garments they ask for in part 3
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Read more“if production increases by 25 percent, how will total fixed costs likely react”
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Read more3 common cost behaviors
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Read more“if production increases by 30 percent, how will total variable costs likely react”
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“if production increases by 30[…]
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