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I’m studying for my Accounting class and don’t understand how to answer this. Can you help me study? solve these question : 1.Analyze some examples of relevant and irrelevant Cash Flows for one Saudi Company? Q 2 a – Discuss why managers estimate a cost function and use Cost volume Profit analysis? Give numerical example of cost function and Cost Volume Profit Analysis and analyze how it will be used by managers? b- Suppose actual costs are higher than estimated cost. Analyze why you may have this difference between actual and estimated costs? Q 3 Altawfik Corporation is estimating the cost function for total cost of production of product A using the high-Low method.The data collected for the past year is as following: Number of unitsTotal Quarterproduced Costs 14,000$1,000 25,4001,280 37,0001,600 49,0002,000 Using the two points methods, choose two points with which you estimate the cost function. Q 4 Give one example of Saudi companies using job costing and one example of Saudi companies using process costing and discuss the difference between them?
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