Week 1- cost accounting
50-60 words on : Materials and labor are always direct costs, and supply costs are always indirect.” What is your opinion about this statement?
50-60 words on: Question: A manager of a retailing firm says that he can lower his operating leverage by renting his stores rather than buying. Would you recommend this? Explain.
50-60 words on: Question: A manager of a retailing firm says that he can lower his operating leverage by renting his stores rather than buying. Would you recommend this? Explain.
50-60 words on: Question: A manager in your organization just received a special order at a price that is “below cost.” The manager points to the document and says, “These are the kinds of orders that will get you in trouble. Every sale must bear its share of the full costs of running the business. If we sell below our full cost, we’ll be out of business in no time.” What do you think of this remark?
