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[DOC File]CHAPTER 17
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Step-variable cost: A step-variable cost is a cost that is incurred in large chunks, and which increases or decreases only in response to fairly wide changes in activity. 5-6. The linear assumption is reasonably valid providing that the cost formula is used only within the relevant range. 5-7
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[DOC File]Cost Behavior: Analysis and Use
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Feb 02, 2008 · 1) Sales = Total cost + Profit = Variable cost + Fixed cost + Profit 2) Total Cost = Variable cost + Fixed cost 3) Variable cost = It changes directly in proportion with volume
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[DOC File]Electronic Spreadsheet (Excel) Handout 3
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Use the excel spreadsheet to create schedules for total cost, fixed cost, variable cost, average variable cost, average cost, and marginal cost. Make the spreadsheet so that the initial quantity and the increment by which quantity increases can be easily changed. Use the excel spreadsheet to calculate the average cost minimizing level of output.
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[DOC File]1
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To find contribution margin I use the following formula: Sales Price – Variable Cost = MC. Atlas Copco’s reversible plate compactor LG 504: $18,182 - $15,455 = $2,727. Drainage pump WEDA 10N which comes with a water level: $2,567 - $2,182 = $385. 200 cfm Refrigerated Air Dryer was $3,152 - $2,679 = $473
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[DOC File]Excel Assignment #2
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A formula flexible budget is an equation expressed as follows: total cost equals fixed cost plus the product of the activity measure and the variable cost per unit of activity. The formula flexible budget allows for any level of activity, rather than only the activity levels for the various columns used in the columnar flexible budget.
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[DOCX File]Laura M. Sepulveda Correa
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Using the excel regression formula (=slope), determine the variable rate (slope) [For a tutorial on using the =slope formula, see the video for the Excel #2 template on the ACCT 102 website]. Using the excel regression formula (=intercept), determine the fixed cost portion of the mixed cost (intercept).
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[DOC File]To make a spreadsheet for total cost, put quantities in ...
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For any month the total cost = (fixed cost) + (units produced) * (Variable cost) In cell B7 enter = B2 + B3*B6 and press ENTER. The value 498 will appear in cell B7. Now copy cell B7, and go to cell C7 and paste its contents. Let’s discuss the results. Excel displays the value 0 in cell C7. Click on cell C7 and review the formula in this cell.
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Variable Costing Formula (Examples) | How to Calculate Variable Co…
Total Cost = Fixed cost + Volume * Variable Cost If each of the values is in the same cell address on different sheet, say B1 on sheet "FixedCost" stores fixed cost, B1 on sheet "Volume" stores volume, B1 on sheet "VariableCost" stores variable cost, B1 on sheet "TotalCost" is the formula that you are creating to calculate total cost, then you have in sheet "TotalCost", cell B1 the following formula:
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[DOC File]Chapter 5
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37. Larson Brothers, Inc., used the high-low method to derive its cost formula for electrical power cost. According to the cost formula, the variable cost per unit of activity is $3 per machine-hour. Total electrical power cost at the high level of activity was $7,600 and at the low level of activity was $7,300.
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[DOC File]COST SHEET - FORMAT
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Actual cost per kit produced ($42.00 + $0.14) $42.14 Number of kits produced ×500 Total actual cost of production $21,070 Less: Actual cost of materials $10,000 Actual cost of manufacturing variable overhead 1,620 11,620 Actual cost of direct labor $9,450
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Variable cost formula excel