Accounting
Define cost behavior, Define and discuss how variable cost, fixed cost and mixed cost is different. Provide an example of each. In your initial response, please do not use citations to convey your understanding. Based on your reading, please communicate your own understanding of the requirements.
200 words
Define and discuss the difference between indirect and direct cost. Provide an example of each. In your initial response, please do not use citations to convey your understanding. Based on your reading, please communicate your own understanding of the requirements.
200 words
1. Operating leverage, margin of safety, and cost behavior) In a narrative format, answer the questions posed in the case.
200 words 2 references from 2012-2015
2. Why do manager put such a great amount of emphasis on controlling fixed cost in their organizations?
200 words 2 references from 2012-2015
3. What is meant by the statement, my company has good operating leverage? How does good operating leverage magnify earnings results with modest revenue increase?
200 words 2 references from 2012-2015
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