ACC206 Week 3 Discussions 1 and 2 Must be original

timer Asked: Jan 3rd, 2018
account_balance_wallet $10

Question description

Discussion 1 Issues in Costing READ – Chapter Four – Costing methods WRITE – a minimum of 200 words addressing the following questions: •Describe three issues/problems that a company could encounter when trying to determine the actual cost of a good or service to be used in the cost of goods sold. For each of your issues, provide an example of a company or industry where these issues could be present. Discussion 2 READ – Chapter Five – Cost volume profit WRITE – a minimum of 200 words addressing the following questions: •We’ve all experienced (or heard about) the challenges that the airlines have been facing. Read the Zacks Investment Research article, “Airline Industry Stock Outlook – July 2016 (Links to an external site.)Links to an external site..” Identify three factors that are affecting airline company’s ability to break even. For each of your factors, discuss how these have an impact on the breakeven (contribution margin, fixed costs, variable costs, a combination, etc.), and what happens if these factors increase or decrease.

Tutor Answer

School: UCLA


Surname 1




Discussion 1: Costing Methods

There are several problems that a company encounters in the process of determining the
actual cost of a good or service that should be used in calculation of cost of goods sold;

1. Labor Costs

Cost of labor includes the total amount of cost of the work that enabled the good to be
manufactured or the service to be delivered. Normally direct labor cost is calculated by multiplying
the total number of workers required to complete the given task by the amount to be paid for the
labor per hour (Needles et al). However, the laborers also receive other benefits which make the
calculation of direct cost of labor more comple...

flag Report DMCA

Wow this is really good.... didn't expect it. Sweet!!!!

Similar Questions
Hot Questions
Related Tags

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors