The relevant range of activity level in accounting refers to the range of operations over which a company's cost behavior patterns remain consistent. It helps in making accurate cost predictions and budgeting decisions based on historical data. Understanding the relevant range is crucial for management to optimize resources effectively.
A nematode is an organism at the multicellular level of organization. It is made up of many cells organized into tissues and organs to perform specific functions.
The fourth level of cell organization is an organ system. The levels of organization are: Cell, Tissue, Organ, Organ system.
Levels of organization are the way Biology is layered in a hierarchy. For example, organs make up one level, as the fourth level of organization.
B for Plato users but it is a tissue level of organization
Organ level
Relevant range is an accounting term that pertains to the minimum and maximum value. It sets the cost boundary in a certain activity level.
The relevant range of activity refers to a the current level of production. If production drops or increases, then the relevant range will change.
The level of activity in an organization depends on factors such as market demand, workforce productivity, resources availability, technological advancements, and strategic decisions made by the management. These factors influence the level of production, sales, innovation, and overall business operations within the organization.
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.
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.
yes
A decrease in fixed cost per unit
total fixed costs remain unchanged
advantages of price level accounting
merit and demerit of price level accounting
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.
Fungi's level of organization is tissue!