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tamaranim1 [39]
4 years ago
11

Heather Oak is trying to prepare a personal budget and has identified the following list of monthly costs. Identify each cost as

fixed, variable, or mixed. Indicate a possible cost driver for any variable or mixed cost.
Rent.
Utilities.
Car payment.
Cell phone bill.
Gasoline.
Cable bill.
Groceries.
Dining out.
Business
1 answer:
worty [1.4K]4 years ago
7 0

Answer:

Cost                     Nature            Cost driver

Rent                     Fixed                Area per ft

Utilities                 Variable             Units used per activity

Car Payment        Variable             Km. run

Cell phone bill      Variable             Charges peer min of usage

Gasoline               Variable             Usage per in ltr.

Cable Bill              Fixed                 Number of connected devices

Groceries             Variable               Usage per day

Dining Out            Variable              Number of days dined out

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Answer:

This manufacturer should have to take the option of dropping Dillard's and including Macy's and Saks Fifth Avenue.

Explanation:

When manufacturers produce, they do so for the sake of gains and profits. A larger market provides bigger profits compared to a smaller one.

This question tells us that this manufacturer has a greater number of customers looking to get there products at Neiman Marcus, Macy's, and Saks Fifth Avenue. So since these places would provide him a bigger market, so he should partner with these retail markets (Neiman Marcus, Macy's, and Saks Fifth Avenue) and drop the market with just few customers (dillards).

7 0
3 years ago
Selected accounts with some amounts omitted are as follows: Work in Process Oct. 1 Balance 24,500 Oct. 31 Goods finished X 31 Di
german

Answer:

See below

Explanation:

Given the above, we will use the below to get the factory overhead

Ending finished goods = Opening balance + Direct materials + Direct labor + Factory overhead - Goods finished during the month

Fixing the values, we will have

= $14,600 + $91,700 + $186,600 + Factory overhead -

5 0
3 years ago
The shift of population from rural to urban areas in countries such as india helps global marketers by
Vedmedyk [2.9K]

Answer:

Letter b is correct.<u> Simplifying the supply chain needed to make goods and services available.</u>

Explanation:

India is the second most populous country in the world, and its economy has grown significantly, there is an increase in the industrial segment and foreign investment in the country, which is increasingly growing due to the large amount of cheap labor available and the country's large consumer market.

Therefore, when the population changes from rural to urban areas, global traders present in India benefit from the greater ease of simplifying the supply chain necessary to provide goods and services organized with automation and an integrated logistics for products to reach the consumer in place and at the right time.

5 0
3 years ago
Which combination of factors would result in the lowest monthly mortgage payment?
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Which combination of factors would result in the lowest monthly mortgage payment? Having a larger downpayment, a lower interest rate and longer loan term agreements are all ways to have a lower monthly mortgage. When you put a larger down payment on your home, the amount you are borrowing is less which helps bring the payment down. If the interest rate is lower, your payment will also be less because you do not have a significant amount being added to the principal. 
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3 years ago
dentify a true statement about sales-oriented firms. a. They target their products to specific groups of people. b. They recogni
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Answer:

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Explanation:

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6 0
4 years ago
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