accounting 552

accounting 552

1.You are on a tight budget and need to decide among the following 3 texting plans:Plan A: Pay $0.10 per textPlan B: Pay a fixed monthly fee of $15 for up to 500 texts per month and $0.08 for each text over the 500.Plan C: Pay a fixed monthly fee of $25 for up to 1,000 texts per month and $0.05 for each text over the 1,000.Requirementsÿa.Draw a graph of the total monthly cost of the three plans for different levels of texting.b.Which plan should you choose if you expect to make:i.240 texts per month?ii.780 texts per month?iii.1,250 texts per month?ÿ2.In 34 sentences, define the following terms and give two examples of each:a.Direct Materials Cost.b.Direct Manufacturing-Labor Costs.c.Manufacturing Overhead Costs.d.Indirect Materials Costs.e.Prime Costs.f.Conversion Costs.ÿÿ


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