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ACC/310 ACC/310 WEEK 1 DQ 1 -EXERCISE 1-18 AND 2-19 COST ACCOUNTING I -ANSWER KEY

ACC/310 ACC/310 WEEK 1 DQ 1 -EXERCISE 1-18 AND 2-19 COST ACCOUNTING I -ANSWER KEY
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ACC/310 WEEK 1 DQ 1 -EXERCISE 1-18 AND 2-19 COST ACCOUNTING I

Discussions

Information for Decision Making and Cost Concepts and Behavior. Complete Exercise 1-18 and 2-19. Remember to complete all parts of the problems and report the results of your analysis.

 1-18 Cost Data for Managerial Purposes: Beige Computers.

What revenues and costs are probably differential for the decision to discontinue City Division’s operations?

What will be the effect on Beige’s profits if the division is eliminated?

2-19 Basic Concepts.

For each of the following costs incurred in a manufacturing firm, indicate whether the costs are most likely fixed (F) or variable (V) and whether they are most likely period costs (P) or product costs (M) under full absorption costing.

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