Essay
Write a short essay and discuss whether or not managers should assume that individual cost items are inherently fixed or variable? Why are some costs fixed and other costs variable costs?
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No,managers should never assume that ind...View Answer
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Correct Answer:
Verified
View Answer
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Q11: Which of the following statements about the
Q12: The predicted,or forecasted costs,are:<br>A)actual costs.<br>B)budgeted costs.<br>C)cost object.<br>D)cost
Q13: A/an _ cost is the cost incurred;and
Q14: Managers achieve clarity about direct labor costs
Q15: The cost incurred is:<br>A)actual costs.<br>B)budgeted costs.<br>C)cost object.<br>D)cost
Q17: In government contracts,product costs include:<br>A)manufacturing costs only.<br>B)design
Q18: Budgeted costs include:<br>A)the costs incurred this year.<br>B)the
Q19: Managers use their knowledge about costs to
Q20: Which of the following is not a
Q21: Write a short essay and explain why