A cost that does not depend on the quantity of output produced is called

Which of the following is an example of a cost that varies in total as the number of units produced changes? a.salary of a produ

mel-nik [20]

Answer:

The correct answer is letter "A": salary of a production supervisor.

Explanation:

Variable Costs vary depending on the company's production volume. Variable costs go up when the company produces more goods or services and go down when it produces fewer goods or services. This is compared to fixed costs which do not change in proportion to production volume.

<em>Direct materials, production supplies, commissions, and fees are examples of variable costs. The salary of a production supervisor would fall under this category.</em>

3 0

3 years ago

Imagine you are using design process to create a new kind of kite. You’ve researched and explored what other kite designers have

Nina [5.8K]

Answer:

Next step would be to design the kite

Explanation:

Design Process is the process which follows an approach for breaking down a big project into manageable and controllable chunks.

The steps which are followed in this process are:

1. Explore or Research

2. Design

3. Build

4. Text

5. Improve

In this case, want to create a kite, so have done the research, after that the next step is to design the product.

3 0

3 years ago

Most group Disability Income contracts are offered on a/an:

Yakvenalex [24]

Answer:

Answer is option C, i.e. Nonoccupational Basis.

Explanation:

When an injury is caused due to accidents while in the occupational role, then many organizations provide for the contract that is also considered as a form of insurance to cover the loss of the injury, that has resulted as a result of an occupational accident. These insurance are commonly known as Disability Income contracts or disability insurance. These are sanctioned to a person who has lost his/her occupation due to the injury caused in the accident while at work. Hence, the answer is option C.

7 0

4 years ago

Suppose that after controlling for age and education, it is found that the average woman earns $0.80 for every $1.00 earned by t

ad-work [718]

Answer:

Consider the following explanations

Explanation:

a. The whole argument is based on the controlling of different factors such as age, education and occupation among males and females. Now, this is very subjective how they have controlled occupation. For e.g. – Which all occupation they have considered for as stressful job, which all jobs they have considered as physical tiring jobs. Working in a refinery may be physical tiring job but then working in IT Company can also be tiring.

Therefore since there are lot of factors at play apart the one considered to calculate ratio’s we can say that these differential percentage points can always be more than or less than of what presented in question.

b. The same logic has to be applied to (b) as well. When we say that discrimination account for less than 8 percent of differential we implied to say that occupation nature may have more than 12 percent of differential. Now, if you use above logic and applied from occupation point of view.

4 0

3 years ago

Read 2 more answers

Leonard is evaluating a $400,000 mortgage. He can get a 30-year 6 percent fixed-rate mortgage with principal and interest paymen

bija089 [108]

Points are an upfront charge by the lender that is part of the price of a mortgage. Points are expressed as a percent of the loan amount, with 2 points being 2%. On a $400,000 loan,

solutions

Loan Amount $400,000

Loan Term (in months) 360 months

mortgage I mortgage II

Interest Rate 6.000% 5.750%

Points 0.00% 2.00%

Loan Payment Amount $2,398.20 $2,334.29

Costs Over 30 — Year Period

Points Paid in Cash $0 $8,000 $($400000×2÷100)$

Monthly Costs -

Principal and Interest $863,348 $840,340

Lost Interest

On Points $0 $0

On Monthly Costs $0 $0

Total Costs $863,348 $848,340

Reduction in Loan Balance $400,000 $400,000

Total Cost Offsets $400,000 $400,000

Cost Net of Offsets $463,348 $448,340

Conclusions - Based on a 30 Year Holding Period

Over the next 30 years the High Interest / Low Points Loan Will Save You: $15,008

In Months, the Break-even Point Occurs in 1 months

In Years, the Break-even Point Occurs in 0.0833 years

5 0

4 years ago