costbehaviorACC200sp2009

costbehaviorACC200sp2009 - Objectives - Cost Behavior and...

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Objectives -- Cost Behavior and Relevant Costs Describe and identify variable costs, fixed costs, mixed costs Describe the relationship between activity level and per unit and total fixed and variable costs Interpret the results of a regression analysis of a mixed cost Analyze a mixed cost using high-low analysis Use a cost equation to predict costs Determine the impact of taxes on costs, revenue and income
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Management Decision Cycle FINANCING DECISIONS INVESTING DECISIONS OPERATING DECISIONS FUNDING OPERATING PROFIT INVESTMENTS
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Income Statements of Product Companies Income Statement Dell (2/1/08) Apple (9/27/08) $ % $ % Sales Revenues 61,133 100.0% 32,479 100.0% Cost of Goods Sold 49,462 80.9% 21,334 65.7% Gross Profit/Margin 11,671 19.1% 11,145 34.3% Selling/General/Administrative Expenses (7,538) 12.3% (3,761) 11.6% (693) 1.1% (1,109) 3.4% Other Income/Expenses 387 0.6% 620 1.9% Income Tax (880) 1.4% (2,061) 6.3% Net Income Income After Tax 2,947 4.8% 4,834 14.9%
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Income Statements of Service Companies Income Statement
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This note was uploaded on 04/21/2009 for the course ACC 200 taught by Professor Buckless during the Spring '08 term at N.C. State.

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costbehaviorACC200sp2009 - Objectives - Cost Behavior and...

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