Cost accounting

$700+($85)10 You will set this equation up as C=the cost, which is what you are trying to find. Then you will have the 700 plus whatever 85 times 10 equals. I took 85 times 10 because in the readings it says 10 years. That equals $850 and when you add the $700, you get $1550. You could also set this up as C=(85)10+700 and you would get the same value for C. 2. Y=$1000+$25, Y=$1000+($25)10 You will set this equation up as C= the cost, which is what you are trying to find. Then…

We recently compared six of the more popular golf carry/stand bags that cost less than $100.00. These included the Callaway Warbird XTT, Cobra Sport, Nike Xtreme Sport, Sun Mountain Mini, TaylorMade Tourino and the Wilson Staff Feather 3. All of these bags were of high quality, and we based our criteria on price, size of the top, number of dividers, the strap, features, weight and the number of colors available. Based on these criteria, the Cobra Sport bag ranked #1 in our testing. It has the…

I have been a part of the Deviant Art community since 2012, only actively been publishing my deviations to it since 2013. I never really realized how poorly Deviant Art's staff and support was until I ran into a few problems concerning art theft. As much as I appreciate it's wide-variety of art and their additions to customizing personal profiles, I can't say it doesn't go through quite the fight with a good majority of it's web viewers. A situation happened a day or two ago about the recent…

Looking for apartments in Albuquerque, the main metropolis in New Mexico is no mean feat these days. Albuquerque is one of the fastest developing cities in the US now and is going through an enhanced inflow of new residents. Various factors have combined to make Albuquerque a favorite among its residents. These have provided fresh impetus for the newcomers to find Albuquerque apartments for rent, fast. At the outset, people coming in have to be familiar with the metropolis. There is a school of…

2. (10 pts.) Referring to the table below, hiring a driver costs $10. Each machine costs $100. Which method should he use and why? a) Method 1: 20 drivers at $10 = $200 + 10 machines at $100 = $1,000) = $1,200 dollars b) Method 2: 50 drivers at $10 = $500 + 2 machines at $100 = $200) = $700 dollars c) Method 3: 100 drivers at $10 = $1,000 + 0 machines at $100 = $0) = $1,000 dollars d) Method 4: (10 drivers at $10 = $100 + 12 machines at $100 = $1,200) = $1,300 dollars Since the…

If you want to have the coolest car in the high school parking lot, then it will cost you 20,000 - 30,000 thousand dollars. Unless you do it yourself, which can greatly reduce the cost. Restoring a car, especially a classic car can be a very big hassle. Most high schoolers can’t afford to get a brand new car or totally restored muscle car, so one of the best things to do is to restore a car. If you want a muscle car from the 60s and 70s or a sports car from the 80s and 90s the best way to get…

Relevant costs are costs that relate to individual management decisions (What). Furthermore, the cost will change in the future based on the outcome of the decision made by management (What). The concept of relevant costs is very appropriate for eliminating unnecessary information in the decision-making process (What). Delta Air Lines can benefit in terms of relevant costs. As mentioned earlier, the airline can eliminate unnecessary information regarding certain decisions in the decision-making…

Economic Education – on this site I followed a link to EconEdLink (http://www.econedlink.org/ ). There I found a lesson plan titled “What Pet Should I get?’ Dr. Seuss and Decision Making. The activities walk the student through making choices and costs involved. 1. The Council for Economic Education ( http://www.councilforeconed.org ). On this website I found some of the events, programs and resources for education. One of the resources I found was a game called Gen i Revolution which is a game…

What is the unit product cost for the month under absorption costing? A) $74 B) $89 C) $69 D) $84 15. What is the net income for the month under variable costing? A) $10,600 B) ($17,000) C) $16,600 D) $6,000 16. What is the net income for the month under absorption costing? A) ($17,000) B) $16,600 C) $6,000 D) $10,600 17. Orion Corporation is preparing a cash budget for the six months beginning January 1. Shown below…

variable cost input if the company wants to make a profit on the phone contract. Clear Hear would have to devise a strategy to produce the phones below the $15 range to earn a profit. Clear Hear could improve production rate and shorten the phone production time. Clear Hear could implement the change by instituting overtime or hire a second shift of part-time workers for the duration of the contract. Cutting the duration time for producing the phones would also cut the all fixed cost…