This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If cost accountants decide to use production of prior periods as a cost driver for repair cost of ... (Read 39 times)

Mr3Hunna

  • Hero Member
  • *****
  • Posts: 536
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Mr3Hunna on Mar 6, 2021

steff9894

  • Sr. Member
  • ****
  • Posts: 337
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.
Answer Preview
Only 56% of students answer this correctly


Mr3Hunna

  • Member
  • Posts: 536
Reply 2 on: Mar 6, 2021
:D TYSM

bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Experimental evidence of the effect of allelochemicals on plant production. Experimental evidence of the effect of allelochemicals on plant production.
Primary production is positively correlated with the evapotranspiration rate. Primary production is positively correlated with the evapotranspiration rate.
An Estimate of the Time of Global Peak Conventional Oil Production An Estimate of the Time of Global Peak Conventional Oil Production
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
ATP Production in Cardiac Muscle ATP Production in Cardiac Muscle
Production efficiency vs. trophic efficiency Production efficiency vs. trophic efficiency
Video: Role of the respiratory system - effect of altered ventilation rates

For a complete list of videos, visit our video library