Why are historical costs irrelevant?
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WEEK 3
RELEVANT COSTS (GRADED)
Discuss Relevant Costs. Why are historical costs irrelevant?
This section lists options that can be used to view responses.
RELEVANT COSTS (GRADED)
Discuss Relevant Costs. Why are historical costs irrelevant?
This section lists options that can be used to view responses.
https://www.devrycourses.com/product/devry-acct-434-week-3-discussions-latest/
WEEK 3
RELEVANT COSTS (GRADED)
Discuss Relevant Costs. Why are historical costs irrelevant?
This section lists options that can be used to view responses.
RELEVANT COSTS (GRADED)
Discuss Relevant Costs. Why are historical costs irrelevant?
This section lists options that can be used to view responses.
Tags: DEVRY ACCT 434 WEEK 3, DEVRY ACCT 434 WEEK 3 DISCUSSIONS LATEST
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The automated system is in its first year
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Problems/questions
Problem 1– Tessmer Manufacturing Company produces inventory in a highly automated assembly plant inOlathe,KS. The automated system is in its first year of operation and management is still unsure of the best way to estimate the overhead costs of operations for budgetary purposes. For the first six months of operation, the following data was collected:
Machine-hours Kilowatt-hours Total Overhead Costs
January 3,800 4,520,000 $138,000
February 3,650 4,340,000 136,800
March 3,900 4,500,000 139,200
April 3,300 4,290,000 136,800
May 3,250 4,200,000 126,000
June 3,100 4,120,000 120,000
https://www.devrycourses.com/product/devry-acct-434-week-3-homework-latest/
Problems/questions
Problem 1– Tessmer Manufacturing Company produces inventory in a highly automated assembly plant inOlathe,KS. The automated system is in its first year of operation and management is still unsure of the best way to estimate the overhead costs of operations for budgetary purposes. For the first six months of operation, the following data was collected:
Machine-hours Kilowatt-hours Total Overhead Costs
January 3,800 4,520,000 $138,000
February 3,650 4,340,000 136,800
March 3,900 4,500,000 139,200
April 3,300 4,290,000 136,800
May 3,250 4,200,000 126,000
June 3,100 4,120,000 120,000
Tags: DEVRY ACCT 434 WEEK 3, DEVRY ACCT 434 WEEK 3 HOMEWORK LATEST
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Variable cost within relevant range
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Question 1.1.(TCO 3) McDevitt Company employs six individuals. They are each paid $30,000 salary per year. How would total costs of personnel be classified?(Points : 3)
Variable
Fixed cost within relevant range
Mixed
Variable cost within relevant range
Question 2.2.(TCO 3) For January, the cost components of a picture frame include $0.35 for the glass, $0.65 for the wooden frame, and $0.80 for assembly. The assembly desk and tools cost $400. A total of 1,000 frames is expected to be produced in the coming year. What cost function best represents these costs?(Points : 3)
y = 1.80 400X
y = 400 1.80X
y = 2.20 1,000X
y = 1.00 400X
https://www.devrycourses.com/product/devry-acct-434-week-3-quiz-latest/
Question 1.1.(TCO 3) McDevitt Company employs six individuals. They are each paid $30,000 salary per year. How would total costs of personnel be classified?(Points : 3)
Variable
Fixed cost within relevant range
Mixed
Variable cost within relevant range
Question 2.2.(TCO 3) For January, the cost components of a picture frame include $0.35 for the glass, $0.65 for the wooden frame, and $0.80 for assembly. The assembly desk and tools cost $400. A total of 1,000 frames is expected to be produced in the coming year. What cost function best represents these costs?(Points : 3)
y = 1.80 400X
y = 400 1.80X
y = 2.20 1,000X
y = 1.00 400X
Tags: DEVRY ACCT 434 WEEK 3, DEVRY ACCT 434 WEEK 3 QUIZ LATEST
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Flashcard set info:
Author: CoboCards-User
Main topic: Education
Topic: Education
School / Univ.: devry university
City: UK
Published: 12.02.2020
Tags: INTERNATIONAL STUDY, COMPUTER SCiENCE, ENGINEERING & TECHNOLOGY, Accounting, Business, PSCYCHOLOGY, SOCIAL SCIENCE, POLITICAL Science, Social Science, Project Risk Management, ARTS & HUMANITIES, RELIGIOUS STUDIES SOCIOLOGY
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