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Svetradugi [14.3K]
3 years ago
12

A cost that remains unchanged in total despite variations in volume of activity within a relevant range is a: Multiple Choice Fi

xed cost. Curvilinear cost. Variable cost. Step-wise variable cost. Standard cost.
Business
1 answer:
Vlad [161]3 years ago
7 0

Answer:

The answer is Fixed cost.

Fixed cost remains constant for a given period and does other change with the eh level of production. However, the per unit fixed cost decreases when the Level of production increases and vice versa.

Also, fixed cost is difficult to.control and manage relatively to the variable.costs.

Explanation:

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Competition happens when two or more businesses
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fight for the same benefit or gain

Explanation:

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Working off an 16% margin, with markups based on cost, the Food Co-op Club boasts that it has 4,100 members and a 155% increase
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Answer:

Explanation:

31% mark up based on cost

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Same mark up based on selling price

$131 - $100 = $31

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4 0
3 years ago
On December 31, Treats Catering Inc.'s trial balance shows a $1,000 balance in the Supplies account. However, a physical count o
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Answer:

Debit  Supplies expense account   $650

Credit supplies account                   $650

Explanation:

When supplies are purchased but yet to be used, the entries required are

Debit supplies account

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When supplies are used up, the entries required are

Debit  Supplies expense account

Credit supplies account

As such where On December 31, Treats Catering Inc.'s trial balance shows a $1,000 balance in the Supplies account. However, a physical count of the supplies determined that only $350 of supplies actually remain in the supply cabinet, the supplies used up

= $1,000 - $350

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adjusting entries required

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Credit supplies account                   $650

Being entries to recognized supplies used up.

8 0
3 years ago
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