'Mixed cost' presentation slideshows

COST BEHAVIOR

COST BEHAVIOR. Chapter 3. CHAPTER 3 Objectives. Define and describe fixed, variable, and mixed costs Explain the use of resources and activities and their relationship to cost behavior Explain how several methods of cost estimation can be used

1.14k views • 66 slides

Cost Behavior

Chapter Three. Cost Behavior. Cost Behavior. General term for describing whether a cost changes when the level of output changes. Classifications of Cost Behavior Variable Costs Fixed Costs Mixed Costs. Cost Behavior.

869 views • 31 slides

Types of Cost Behavior Patterns

Next Page Click Here. Types of Cost Behavior Patterns. Total Long Distance Telephone Bill. Minutes Talked. Next Page Click Here. Total Variable Cost Example. Your total long distance telephone bill is based on how many minutes you talk (the more you talk, the higher the bill).

590 views • 14 slides

IENG 216

IENG 216. Overhead. Accounting Equation. Owner Equity = Assets - Liabilities. Cost Behavior & Flexible Budgeting. Mixed costs are a function of fixed & variable costs Cost-Volume formula Y = a + bx where Y = mixed cost to break up x = a measure of activity (machine hrs)

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Managerial Accounting and Cost Concepts

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Prepared by Diane Tanner University of North Florida

Chapter 4. Identifying Cost Behavior. Prepared by Diane Tanner University of North Florida. Assumptions. 2. To predict cost behavior, we must assume Production equals sales (in units) I.e., no change in beginning and ending inventories Cost behavior is linear

116 views • 10 slides

AMP 415 GRAND CANYON WEEK 5 COMPLETE WORK

URL= http://www.tutorialsexperts.us/product/amp-415-grand-canyon-week-5-complete-work/ Contact Us HELP@TUTORIALSEXPERTS.US AMP 415 Grand Canyon Week 5 Complete Work AMP415 Grand Canyon AMP 415 Module 5 Discussion 1 Distinguish between a variable cost, a fixed cost, and a mixed cost. Identify a publicly traded, well-known company, and identify what you envision would be a variable cost, a fixed cost, and a mixed cost for this company. Do not choose a company that one of your classmates has already chosen. Participate in follow-up discussion through responding to one of your classmates’ posts, adding to the variable, fixed, and mixed costs that might exist for the company presented.

35 views • 2 slides