Cost accounting | Business & Finance homework help

Q1 What are the differences between the operating plans and actual operations?

Q2 How can you make higher-quality decisions?

Q3 Omar Corporation produces mobile phones. 

Total variable costs of one mobile = $20.

The factory rent is $2,500/ month.  

Compute the total costs per month and the average cost per mobile phone if they made only 10 mobiles per month.  What if they made 100 mobile per month?

Q 4 What are the statistical tools that highlight the significance of the regression model in estimating cost behavior?

Q 5 Explain how uncertainties and Biases can affect the decision quality

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