In Make or buy decision ,relevant costs are :  Select one: a. manufacturing costs that will not be saved  + the purchase price  b. manufacturing costs that will not be saved  c. manufacturing costs that will be saved  d. the purchase price of the units  e. manufacturing costs that will be saved  + the purchase price

Q: Direct materials would be considered a?   Group of answer choices Step Cost Mixed Cost Fixed Cost…

A: Hi Student Since there are multiple questions,we will answer only first question. If you want…

Q: Is

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Q: Which one of the following statement is not correct? Group of answer choices -Opportunity costs are…

A: Managerial accounting is helpful in decision-making related to a product whether the product should…

Q: Briefly describe the treatment of Joint Costs when making a sell-or-process-further decision. What…

A: Joint costs are the costs which are incurred jointly in the production process for two or more…

Q: What qualities of a product have an effect on logistical costs? Examine the influence that these…

A: Logistics is one of the vital part of the supply chain management that has direct relations with the…

Q: Total _____ costs remain unchanged when activity changes.     Fixed cost     Variable cost…

A: Cost: It refers to the aggregated amount that is spent on manufacturing a product.

Q: Which of the following is an example of an indirect cost? Multiple Choice Cost of labor Cost of…

A: Indirect Cost are expenses other than direct expenses are known as indirect  expenses. These cannot…

Q: Purchase​ discounts, freight in and receiving costs   A. are used when setting a cost standard for…

A: Purchase discounts, freight in, and receiving costs are considered as part of the cost of the…

Q: Which of the following best describes an "opportunity cost"?     Expected future costs that differ…

A: Introduction: Opportunity cost: Cost for the opportunity lost called opportunity cost.

Q: A by-product is best described as *   a. A product that s produced from materials that would…

A: By product is the product that is manufactured with the primary product but later on separated from…

Q: The following costs arise in relation to production of a new product: (i)   Research and…

A: Lifetime cost of product includes total cost incurred over it's life time from designing,…

Q: a difference in cost-plus pricing and target costing is that target costing starts with the price…

A: Target costing says that first target selling price is calculated, then markup is deducted from…

Q: Cost Bunso making decision to the following, excep accept or reject a special order. price higher or…

A: Relevant Costing is a managerial decision that decides upon how unnecessary costs can be avoided and…

Q: For costs that vary with production level in the short term, the cost driver will be: a. Service…

A: Solution- Under Activity Based Costing, the costs are classified as short term variable costs and…

Q: What problems can arise if you use the results of your full costing approach for decision…

A: Below is the answer

Q: The term opportunity cost applies to a resource that a company ________. A) is thinking about…

A: Opportunity cost is the next best alternative benefit which is forgone.

Q: Which of the following statements best describes a by-product? Multiple Choice   A product created…

A: A by-product is comparably lesser in terms of the total amount and is derived incidentally from the…

Q: Which of the following would not be a period cost? Group of answer choices Sales commissions.…

A: Period costs include those costs which cannot be directly associated with the manufacturing of the…

Q: “A component part should be purchased whenever the purchase price is less than its total…

A: Operating Income:Operating income is income which is earned by carrying out the regular business…

Q: The lower of cost or net realizable value basis of valuing inventories is example of ? A) the cost…

A: Principles of conservation is one of basic principles of valuing in accounting of inventory.

Q: Costs that will differ between alternatives and influence the outcome of a decision are Select one:…

A: The cost that will differ between alternatives and influence the outcome of a decision is referred…

Q: Choose one correct answer by writing down the question number and the letter representing the answer…

A: Costs are classified as direct and indirect costs. Direct costs are a cost which is directly related…

Q: In a drop or continue decision, only the variable costs identified with a product are relevant in a…

A: The given statement is true.

Q: When deciding whether to make or buy a component part, the most relevant consideration is often:…

A: “Make or Buy” refers to decision made by firm whether to manufacture that product within premises or…

Q: In make-or-buy decisions for a part for a product, relevant costs include ________. A) some…

A: Make-or-buy decisions for a part of a product: The company has many options to choose from like…

Q: Which one of the following are NOT period costs? a)  Advertising costs. b)  Indirect materials.…

A: Product cost are the costs that are directly or indirectly related to production. Direct Costs…

Q: Employee training is an example of discretionary fixed costs. Select one: True False

A: Hi student Since there are multiple questions, we will answer only first question.

Q: Which of the following items would be relevant in the decision of buying a component part instead of…

A: Make or buy decision is the one that helps the entity to choose one alternative for the goods. In…

Q: In Make or buy decision ,irrelevant costs are :  Select one: a. manufacturing costs that will be…

A: Under make or buy decision, decision needs to taken whether we should manufacture the product or…

Q: Which among the following is not a relevant cost for decision making? a. Cost of producing…

A: Relevant Cost refers to the incremental and avoidable cost of implementing a business decision.…

Q: When deciding whether to sell as is or process a product further, managers should ignore which of…

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Q: In deciding whether to produce a part internally or buy it from an external source, a cost that is…

A: If we taken decision on the basis of produce internally or buy from outside. Irrelevant cost are :…

Q: A mixed cost contains: a variable element and a fixed element. both selling and administrative…

A: Mixed costs are that cost which contain a portion of both fixed and variable costs. Common examples…

Q: Costs that will differ between alternatives and influence the outcome of a decision are Select one:…

A: Sunk costs are expenses that have already been incurred but cannot be recovered. Sunk costs are…

Q: elevant for decision making purposes. Explain ii. Why opportunity cost is measured and relate with…

A: SOLUTION-1 DIFFERENTIAL COSTS OR RELEVANT COST -THEY ARE THE COST THAT IS AFFECTED BY THE DECISION…

Q: Prepare a report from Mary Jane to Don explaining how these changes will affect Mirabel’s overall…

A: The changes whether in sales price or the costs which are associated with the manufacturing of…

Q: 1. Select two decisions-one common to a manufacturer and the other common to a service…

A: Manufacturing Entity: A manufacturing business is defined as any firm that manufactures completed…

Q: Fixed overhead costs that will continue regardless of a make-or-buy decision are ________ to the…

A: It is pertinent to note that fixed cost is the cost irrespective of the level of activity.  Example…

Q: The purpose of costing are as follows EXCEPT: a) Value inventory b) Record costs c) Price products…

A: The purpose of costing is. 1. To Formulate cost of a product 2.  To facilitate decision making 3. To…

Q: Briefly describe the treatment of Joint Costs when making a sell-or-process-further decision.

A: Dear student, as per Bartleby answering guidelines we can not answer more than one question if…

Q: What are three factors causing reductions in the cost to place purchase orders for materials?

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Q: The costs of direct materials are classified as:   Conversion cost Manufacturing cost Prime cost A)…

A: Manufacturing cost and Prime cost is included in the cost of direct materials but it does not…

Q: a) Briefly describe the treatment of Joint Costs when making a sell-or-process-further decision.

A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: Which of the following statements regarding activity-based costing (ABC) is false?   A.   ABC is…

A: Overheads are the indirect cost involved in the production process of the company. It is charged to…

Q: Material costs Utilities costs Review costs Direct labor costs Alternative 1 $86,000 $42,000 $39,000…

A: Relevant costs  can be variable costs or marginal cost.