question archive Part 1 As EEC's corporate business financial analyst, you will need to have a clear understanding of the different types of costs (variable, fixed, and mixed) that the company carries
Part 1 As EEC's corporate business financial analyst, you will need to have a clear understanding of the different types of costs (variable, fixed, and mixed) that the company carries
Subject:AccountingPrice: Bought3
Part 1
As EEC's corporate business financial analyst, you will need to have a clear understanding of the different types of costs (variable, fixed, and mixed) that the company carries. Complete the following for this assignment:Review EEC's journal activity. Define and identify its variable, fixed, and mixed costs. Determine what affect a sales volume increase or decrease will have on unit fixed cost, unit variable cost, total fixed cost, and total variable cost.Click here to view EEC's journal activity.
Part 2
As an EEC corporate business financial analyst, you must have an expert understanding of the various costing methods.
Select 1 of the following costing concepts:Full costing or absorption costing Variable costing Target costing Life cycle costing Activity-based costing
Respond to the following questions on the costing concept that you selected:Provide the definition of the concept.
Discuss how and when the concept could be used by EEC. Discuss the advantages and disadvantages of the concept as it relates to EEC.
