Answer:
For the 1St question,
Total variable costs increase with increased production or sales volumes. Fixed costs are not influenced by fluctuations in production or sales volumes.
For the 2nd question,
Understanding whether a cost behaves as a variable or a fixed cost is essential to estimating and planning for business success.
Explanation:
The main difference between the fixed and variable cost is the way it is affected by the production capacity. Variable cost increases as more u it's are produced while.fixed cost remains constant as it is not related with units.
Moreover, Understanding and differentiating fixed and variable costs are important to categorize costs correctly for accounting purposes and to decide what sort of strategies must be implemented.
Hi.
After a quick Google search, I think the answer is generic advertising.
Hope this helped.
Had to look for the options and here is my answer.
What happens when all of the capacity on a product line is being sold is that, the inventory from that line will be sold at HALF OF THE PRICE OR VALUE AS IT IS REFLECTED ON THE RECORDS OF ACCOUNTING DEPARTMENT. Hope this answer helps.
Answer:
Total Assets at the end of the year increased by 20.000.
Explanation:
The accounting equation said:
Equity = Total Assets - Total Liabilities
It means that the difference between Assets and Liabilities must be cover with Equity, the movements during the year in Liabilities and Equity must be reflected ni the Total Assets, that is why we have to increase Assets by 20.000 so the equation keep it validity
