Questions from Cost Accounting

Q: The break-even price of crude oil includes production costs,

The break-even price of crude oil includes production costs, exploring or finding costs, oil well development costs, transportation costs, and selling and general administration expenses. A survey pub...

Q: Every time Apple releases a new device it cannot satisfy immediate demand

Every time Apple releases a new device it cannot satisfy immediate demand. This is a result of Apple’s precise JIT manufacturing system. Apple does not wish to take the risk of producing more devices...

Q: According to the International Air and Transport Association (IATA) conference

According to the International Air and Transport Association (IATA) conference airlines were expected to make around £3.18 profit from each passenger in 2014. Although carriers were expecting net prof...

Q: Operating leverage can tell investors a lot about a company’s risk profile Operating leverage can tell investors a lot about a company’s risk profile

Operating leverage can tell investors a lot about a company’s risk profile, and although high operating leverage can often benefit companies, firms with high operating leverage are also vulnerable to...

Q: Most developed economies have well-developed road and highway networks.

Most developed economies have well-developed road and highway networks. From time to time new highways are built to relieve congested cities, but by and large most developed countries are not embarkin...

Q: According to an article authored by Yayla-Küllü et al.,

According to an article authored by Yayla-Küllü et al., multi-product firms account for 91 per cent of the output in US manufacturing and they often make short- to medium-term adjustments in their pro...

Q: The economic recession has resulted in original equipment manufacturers (OEMs)

The economic recession has resulted in original equipment manufacturers (OEMs) seeking to drive down costs by re-examining their manufacturing strategy, with many companies increasing their level of o...

Q: Asda is staging a major push south opening 11 new stores in

Asda is staging a major push south opening 11 new stores in the greater London region over the next few months with plans for a further 150 by 2018. Two of the new stores will be a trial of a new smal...

Q: Cloud computing is a term used to describe the delivery of information

Cloud computing is a term used to describe the delivery of information systems without, for example, the purchase of physical hardware or even software in some instances. What this means for an averag...

Q: Apple Inc. is well known for developing innovative products like the

Apple Inc. is well known for developing innovative products like the iPhone, iPad and iPod. Such devices are manufactured with complex electronic components and incur substantial design and developmen...