Methods for separating semivariable costs into their fixed and variable components include all of the following except the:
a. High-low method.
b. Allocation method.
c. Regression (scattergraph) method.
d. Observation method.
b
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The problem audit involves discussions with the DM on numerous issues. List and elaborate on these issues
What will be an ideal response?
Babette Manufacturing produces plastic toys and uses process costing. There are three processing departments—Assembling, Finishing, and Packaging. On January 1, the Finishing Department had 2000 units of partially processed product in production. During January, 31,000 units were transferred in from the Assembling Department and 29,000 units were completed and transferred out. At the end of the month, 4000 units of partially processed products remained in the Finishing Department. The weighted- average method is used. See additional details below.
Finishing Department, ending balance at January 31 Percent completed for materials cost: 94% Percent completed for conversion cost: 70% What was the number of equivalent units for the month of January, with respect to direct materials, for the Finishing Department? A) 32,760 units B) 33,000 units C) 29,000 units D) 3760 units
What external factors affect the pricing decisions made by organizations?
What will be an ideal response?
The maturity value of a note is the sum of the principal minus interest due at maturity
Indicate whether the statement is true or false