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Author Question: If cost accountants decide to use production of prior periods as a cost driver for repair cost of ... (Read 74 times)

Mr3Hunna

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on: Mar 6, 2021

Question 1

Goodness-of-fit measures how well the predicted values in a cost estimating equation ________.
◦ match the cost driver
◦ determine the level of activity
◦ match the actual cost observations
◦ rely on the independent variable

Question 2

If cost accountants decide to use production of prior periods as a cost driver for repair cost of the current period they understand that
◦ there is no correlation between repair costs and levels of production
◦ repair costs tend to lag periods of high production
◦ cost accountants do not need to understand operations
◦ there is no cause-and-effect between production and repair costs
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by Mr3Hunna on Mar 6, 2021

steff9894

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Mr3Hunna

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

ricroger

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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