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Q: How do you treat resale value in relevant costing?
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How do you do mining costing?

To do the mining costing, the value of the minerals and the cost of mining it and the cost of compensating the inhabitants is usually considered.


What is the difference between target costing and life cycle costing?

In Target costing system, comapnies tries to achieve target prices by reducing those parts of activity which are not increasing the value of product. Life cycle costing is a concept in which companies tries to read the overall process of development of product life cycle and tries to minimise the cost at area where it is not required or not increase the value of product.


Are fixed costs always irrelevant?

No fixed costs are not always irrelevant. Some fixed costs may differ among the alternatives and hence will be relevant. e.g. When figuring the incremental cost of the more expensive car, the relevant costs would be the purchase price of the new car (net of the resale value of the old car) and the increases in the fixed costs of insurance and automobile tax and license.


Should you deduct resale value of an asset when calculating straight line depreciation?

Yes you should. That is also known as the residual value and you would minus that from cost and divide by the useful economic lifetime if the asset.


What is full costing?

A full costing system its the one that includes the sum of all variable and fixed costs in all business functions of the value chain (R&D, design, production, marketing, distribution and costumer service) Cost Accounting, 12th Edition Prentice-Hall

Related questions

Do Hondas have good resale value?

A Honda's resale value depends on the type of Honda you are interested in. A 2001 Honda Prelude has a higher resale value than the 2002 Honda Passport.


Does a Weslo treadmill have a good resale value?

It would depend on condition of the treadmill, if it is in good condition it could have a great resale value, if it is not in like new condition it will not have a good resale value.


Do used Hyundai coupes have a good resale value?

"Hyudai coupes do have a great resale value. The resale value also depends on the miles traveled with the car, if the car has been an any accidents, or the treatment of the vehicle."


Does flatware have resale value?

Good quality flatwear will have resale value if it is made out of quality metal, and if the set is kept complete.


What is the resale value of 2007 Yamaha rhino 660 sport?

What is the resale value of a 2007 Yamaha Rhino 660 sport


How good of a resale value do used Jeep Wranglers have?

The average value is $16844. They've been awarded the award for highest resale value in 2009!


What Toyota models offer the best resale value as used cars?

Toyotas generally have an excellent resale value, but recently they have gone down due to a lot of safety recalls earlier in 2010. You can check Kelly Blue Book to find the estimated resale value. The Toyota Tundra crew cab pickup truck has excellent resale value, at nearly 70% of full retail value. Also the Toyota Prius has excellent resale value.


Do DVD/VCR combos have enough "life" to have reasonable resale value?

They will not have good resale value because they are very abundant on the market.


Where could one find the resale value of a 2000 Honda Civic?

You can find the resale value of a 2000 Honda Civic on websites like MotorTrend, KBB, and also AutoMobileMag. You could also get the resale value at local car dealerships.


What SUV models have the best resale value as used cars?

The best resale value for an SUV belongs to the Land Rover Range Rover.


Do wine coolers help the resale value of a home?

Yes, but apparently there are better improvements (e.g. bathroom remodeling) if all you're looking for is resale value.


Does a used honda integra hold its resale value?

Like most Japanese made cars and trucks a used honda integra has just as much resale value as the comparable nissan or mitsubishi makes. It has been listed as one of the better used cars for its resale value.