Breaking Down Mixed Costs (Part 2)- Managerial Accouting

Breaking Down Mixed Costs (Part 2)- Managerial Accouting

Assessment

Interactive Video

Mathematics

9th - 10th Grade

Hard

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The video tutorial introduces a computational approach to analysis using numbers, focusing on the scattergraph method. This method involves plotting costs and activities on a graph and drawing a line through the points, which is subjective. An example is provided using hours and total cost, illustrating how different lines can be drawn, leading to varying interpretations. The tutorial emphasizes the subjectivity of this method while acknowledging its usefulness.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the scattergraph approach and how does it work?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Explain the subjectivity involved in the scattergraph approach.

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How do you plot data on a scattergraph?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the implications of having different lines with different slopes in a scattergraph.

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can the scattergraph approach be useful despite its subjectivity?

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