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What is relevant rang of activity level in an organization in accounting?
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What Level of organization is a nematode?
organ level of organization.
What is the largest level of organization and how does this level function in the body?
the largest level of organization is an organism which is the body
What level of organization do cnidarians belong?
B for Plato users but it is a tissue level of organization
Lowest level of organization that includes atoms and molecules?
The lowest level of organization that includes atoms and molecules is the chemical level. This is the level that maintains life.
What is the 4th level of the organization of life?
The fourth level of cell organization is an organ system. The levels of organization are: Cell, Tissue, Organ, Organ system.
What is relevant rang?
Relevant range is an accounting term that pertains to the minimum and maximum value. It sets the cost boundary in a certain activity level.
What does the level of activity in an organization depend on?
The level of an activity within an organization depends on the level of operations supported by that activity.
Relevant range of activity?
The relevant range of activity refers to a the current level of production. If production drops or increases, then the relevant range will change.
What happens as the level of activity decrease within the relevant range?
Although fixed cost per unit decreases with increases in activity levels, total fixed cost is not affected by changes in the activity level within the relevant range.
Define relevant range in accounting?
an increase or decrease on a company's fixed costs is however not only dependent on the relevant period but also on the relevant production range. The total fixed costs will remain constant if the relevant production range can be handled by the same number of production units, producing fewer steps. If a certain step ( certain cost level) encompasses the entire relevant range of activity, the costs are entirely fixed.
Will total variable costs increase if the level of activity increases within the relevant range?
yes
An increase in the activity level within the relevant range results in?
A decrease in fixed cost per unit
What happens Cost driver activity level increases within the relevant range?
total fixed costs remain unchanged
What are Advantages of accounting for price level changes?
advantages of price level accounting
What is merit and demerit of price level accounting?
merit and demerit of price level accounting
What is difference between unit-level and batch-level activities?
Unit-level activity have costs that are incurred for every single unit that is produced. Batch-level activity have costs that are incurred for each batch that the company is going to produce, no matter if 3 or 30 units are being produced (e.g. setup costs). This is the explanation I received from my accounting professor at least.
What Level of organization is a nematode?
organ level of organization.
