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VashaNatasha [74]
3 years ago
12

Everything Looks Like a Nail, Inc. is a manufacturing company that produces hammers. The company faces a number of different fix

ed and variable costs in the short run. Determine which of the costs are examples of fixed costs and which are examples of variable costs. Assume the company cannot easily adjust the amount of capital that it uses and that salaries are negotiated only once per year.Fixed costsVariable costsa. interest rate on current debtb. regulatory compliance costsc. annual salaries of top managementd. cost of metal used in manufacturingf. cost of wood used in manufacturingg. postage and packaging costsh. lease on buildingi. industrial equipment costs
Business
1 answer:
tangare [24]3 years ago
4 0

Answer:

-Regulatory compliance costs FIXED COST

-Salaries of top management and key personnel FIXED COST

-Cost of metal used in manufacturing VARIABLE COST

-Cost of wood used in manufacturing VARIABLE COST

-Mortgage payments FIXED COST

-Industrial equipment costs FIXED COST

-Interest on debt FIXED COST

-Postage and packaging costs VARIABLE COST

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On January 8, Lowrence Co. issued a $60,000, 120-day discounted note to Raines Bank. The discount rate is 8%. Assuming a 360-day
Salsk061 [2.6K]

Answer:

a. $58,400

Explanation:

A discounted note, will make the person receive a lesser amount than the amount due at maturity. This way the person who grants the note is receiving interest for borrowing.

<em><u>Calculations</u></em>

principal x discount rate x time = discount

<em><u>Where</u></em> rate and time should be expressed in the same metric IE if the rate is annual express time in portion of years if it is monthly, in months.

60,000 x 0.08 x 120/360 = 1,600

Now, we subtract this amount form the nominal:

nominal - discount = net

60,000 - 1,600 = <u>58,400</u>

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3 years ago
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On December 31, 20X1, Ball Company leased a machine from Cook for a 10-year period, expiring December 30, 20Y1. Annual payments
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<u>Therefore, the lease liability is $533,600 and the current liability is $46,640. </u>

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3 years ago
Veruca sells therapeutic bath salts on the Internet. Her annual revenue is​ $52,000 per​ year, the explicit costs of her busines
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D. ​$38,000

Explanation:

The formula to compute the accounting profit is shown below:

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It shows a relationship between the annual revenue and the explicit cost. The difference between these two is known as accounting profit.

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Shipments of compact digital cameras dropped by 42% due to the industry being unable to adjust to changes in the ________.
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Shipments of compact digital cameras dropped by 42% due to the industry being unable to adjust to changes in the technological dimension. Therefore, the option C holds true.

<h3>What is the significance of technological dimension?</h3>

A technological dimension can be referred to or considered as the dimension that is driven heavily and dependent completely upon the forces of technological developments. It is an external factor for the changes in business organizations, or the industries at large.

Therefore, the option C holds true and states regarding the significance of technological dimension.

Learn more about technological dimension here:

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Shipments of compact digital cameras dropped by 42% due to the industry being unable to adjust to changes in the

a. legal-political dimension b. economic dimension O c technological dimension O d. natural dimension

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