Compare and contrast prime and conversion

Question

Compare and contrast prime and conversion costs. Give three examples of each.

Describe cost-volume-profit analysis. What is sensitivity analysis and what questions does it answer in CVP analysis?

Describe the seven steps in job costing. Which step do you think is most important?

Compare and contrast job costing and process costing and give two examples of each.

What is the weighted average process-costing method and when would it be used?

Answer 1

Measure the following questions which is describes to cost-volume-profit analysis Evaluate and contrast prime and conversion costs. Provide 3 instances of each. Illustrate cost-volume-profit analysis. What is sensitivity investigation and what questions does it respond in CVP analysis? Explain the 7 steps in job costing. Which step do you think is most significant? Evaluate and contrast job costing and process costing and give 2 instances of each. What is the weighted average process-costing technique and when would it be utilized?

Answer 2

Measure the following questions which is describes to cost-volume-profit analysis Evaluate and contrast prime and conversion costs. Provide 3 instances of each. Illustrate cost-volume-profit analysis. What is sensitivity investigation and what questions does it respond in CVP analysis? Explain the 7 steps in job costing. Which step do you think is most significant? Evaluate and contrast job costing and process costing and give 2 instances of each. What is the weighted average process-costing technique and when would it be utilized?