equrea Classify each of the following costs incurred by Rachael's Restaurant as fixed, variable, or mixed:

Q: fixed and variable costs?

A: Fixed Cost -:A fixed cost is a cost that does not differ in a period usually in the short term, even…

Q: Insurance expense incurred on a factory building would be treated as a a. selling cost b. period…

A: As posted multiple independent questions we are answering only first question kindly repost the…

Q: Kojo coffee shop has the following cost: Coffee beans, Barista salary, Coffee shop Rent, Milk,…

A: In the context of the given question, we are required to classify the cost. Cost behavior: The cost…

Q: Identify the following as fixed costs (F), variable costs (V), or mixed costs(M). office salaries…

A: Fixed cost will remain fixed for unit Variable cost will change with change in level of activity…

Q: he refrigerator purchased 14 months ago. The unit was covered by a warranty for 12 months, during…

A: A Cost is a factor which causes changes in the activity's cost. Cost is used to allocate indirect…

Q: Unit VI question 1

A: The expected or normal range of activities for which relevant cost behaviors can be seen is referred…

Q: The Ruling Company assigns plant administration costs to the production departments based on the…

A: Cost Driver: The direct reason for a cost is a cost driver. The overall cost incurred is impacted by…

Q: 1. The total fixed costs charged against the current year's operations assuming that Brian uses…

A: Fixed cost is the cost which doesn't change with the change in the every unit of output.

Q: Green Thumb Gardening is a small gardening service that uses activity-based costing to estimate…

A: Grouping of similar costs is called cost pooling , the factor that drives the cost of an activity is…

Q: Cost classifications For each of the following costs, check the columns that most likely apply (both…

A: Fixed cost: A fixed cost is a cost incurred by a company that remains fixed irrespective of the…

Q: What factor related to manufacturing costs causes the difference between operating income computed…

A: Only item which causes the difference between operating income computed using absorption costing and…

Q: Food expenses within the concession stand function at the Halenbeck Hall would be which type of cost…

A: A concession stand is the  place where customer  can buy  snacks or food at a cinema, amusement…

Q: This reporting method took a "cradle to grave" approach to costing that put a price on the disposal…

A: The term cradle to grave refers to from beginning to end. In business terminologies, it is used to…

Q: Which one of the following is an example of a committed cost? a. The salary of the marketing manager…

A: Committed cost refers to the cost which has not yet been incurred but already contracted /committed…

Q: Green Thumb Gardening is a small gardening service that uses activity-based costing to estimate…

A: Calculation of activity rate for each of the activity cost pools: Activity Cost Pool  Estimated…

Q: Green Thumb Gardening is a small gardening service that uses activity-based costing to estimate…

A: Activity-based costing: This costing is an accounting methodology that is based on assigning the…

Q: Charles has provided some of the costs he expects to incur as follows. Decide on the The cost object…

A: Answer:

Q: Using High-Low to Calculate Fixed Cost, Calculate the Variable Rate, andConstruct a Cost…

A: Costs can be defined as the expenses that are associated with the manufacturing of the goods or…

Q: Select the appropriate cost behavior for each of the costs listed below. Factory supplies Drag…

A: The cost can be classified into two categories i.e fixed cost and variable cost. The  FIxed cost…

Q: Green Thumb Gardening is a small gardening service that uses activity-based costing to estimate…

A: Activity-base Costing: Activity-based costing (ABC) is a costing method that identifies activities…

Q: a. Compute the unit product cost under both absorption and variable costina b. Prepare an income…

A: Note : Since you have posted a question with multiple sub-parts, we will solve first three sub-parts…

Q: The following information is available for a manufacturing company which produces multiple products:…

A: The break even sales are the sales where business earns no profit no loss during the period.

Q: Charles has provided some of the costs he expects to incur as follows. Decide on the classifications…

A: Cost:   Cost can be defined as the cash and cash equivalent which is incurred against the products…

Q: A company produces and sells two types of products. It classifies its costs as belonging to four…

A: ABC System is a realistic approach to apportion the indirect costs to products. Under this system,…

Q: How would the classification of costs as direct or indirect change when the cost object shifts from…

A: Direct cost refers to the cost which is incurred through firm when performing the core activity of…

Q: Several costs incurred by Bayview Hotel and Restaurant are given in the following list. For each…

A: Controllable costs: Controllable costs are partially controllable by the manager. (e.g.:…

Q: Putting an X in the appropriate spot, classify the costs highlighted in yellow as: Direct Material,…

A: The classification of the costs as highlighted in yellow is done as following along with the…

Q: fixed costs (F), variable costs (V), or mixed costs(M).

A: Fixed cost - Fixed cost remains constant irrespective of the level of activity. It is an unavoidable…

Q: Green Thumb Gardening is a small gardening service that uses activity-based costing to estimate…

A: Activity Based Costing (ABC):   Activity based costing is an apportionment of costs that first…

Q: What are some possible activity bases Cold Stone Creamery could use to allocate each cost?

A: Activity-based costing is method that is widely used in cost accounting that firstly identifies…

Q: all costs over the life of a product, with the exception of costs already spent on the desig

A: Life Cycle costing is basically a process to learn/know, how much money will be spent on an asset…

Q: . Classify each cost as either fixed or variable, and either a product or a period cost by placing…

A: Cost: cost is the expenses incurred in a Firm Classification of Costs Cost can be classified into 2…

Q: In a furniture company producing tables and chairs made of wood, which of the following would be…

A: SOLUTIONS- FIXED COST ARE REGULAR MONTHLY EXPENDITURES MADE BY BUSINESS. THESE EXPENSES ARE SAME…

Q: indicate which of the following classifications best describe the cost. More than one classification…

A:

Q: Scoring: Your score will be based on the number of correct matches. There is no penalty for incorre…

A: Absorption Costing: it is a Method of costing which consider Full cost for manufacturing or…

Q: The above costs include all of the costs of the restaurant except for organization-sustaining costs…

A: Answer and calculations are given below

Q: An assisted-living facility provides services in the form of residential space, meals, and other…

A: Cost pool rate for the first activity is $7,200,000 / 60,000 days = $120 per occupant day Cost pool…

Q: Based on the data below calculate the company's combined cost?

A: As per our protocol and guidelines we provide solution to the one question only in case there are…

Q: Bret's Restaurant and Pie Shop needs help defining the costs for his business. He also wants to know…

A: Relevant cost indicates the cost that moves with the management decision. Relevant costs are crucial…

Q: Which of the following costs is most Ilikely to be classlfled as a fixed cost? Multiple Cholce…

A: Fixed costs are costs which do not vary with production and remains fixed in total .On the other…

Q: Which of the following statements is correct using the direct costing concept? a. All manufacturing…

A: Residual income is calculated as : =Net operating income - (Assets/investment * minimum rate of…

Q: Which of the following are examples of a mixed cost? I - A building that is used for both…

A: The costs incurred in the production, can be classified as variable cost, fixed cost and mixed…

Q: lease define THREE of the following terms and provide an example of each one you have selected: •…

A: Solution Definition of any 3 Direct labor cost                 Direct labor cost is the cost of…

Q: Give the general formula for a mixed cost.  What does each term represent?

A: Given: The general formula for the mixed cost is given.

Q: Which one of the following options can be used when allocating cafeteria costs? Select one: a.…

A: Number of square feet can be used for allocating rent expense but not cafeteria costs.

Q: Several costs incurred by Myrtle Beach Golf Equipment, Inc. are listed below. For each cost,…

A: Match the type of Costs and Cost items.

Q: In light of the research you've done, identify two major takeaways that may be applied to your…

A: ABC (activity-based costing): The activity-based costing (ABC) framework was developed to address…

Q: Calculate the variable cost per hour b)  Calculate the total fixed costs c) Write the equation…

A: As per high low method,  Variable cost per hour = Difference in cost/ Difference in hours

Corporate Ethics

Ethics refers to the moral values and principles that guide an individual. Corporate ethics refers to the moral behavior of a company and its employees while conducting business. Business ethics is another name for corporate ethics. Business ethics reflects the purpose of doing the business. Business ethics is the distinction between what is right and wrong in the workplace and the selection of the right set of actions. Every corporate entity follows business ethics to a large extent in order to survive and compete successfully in the market. Corporate entities that strictly adhere to business ethics gain the trust of their stakeholders and thus gain more customers. An organization follows compliance, i.e., following certain business policies, rules, procedures, and practices to deal with the problem arising from the business environment. Business ethics also ensures that they meet compliance requirements as it was connected with the activities of an organization.