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shtirl [24]
3 years ago
10

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 costs
Business
1 answer:
ruslelena [56]3 years ago
4 0

Answer:

Examples of fixed cost are taxes, the rent of the building.

Examples of variable cost are materials to make hammers.

Explanation:

Fixed costs are the cost of an organization that don´t change with the amount of production.  So ,  if the production is 0,  this cost will exist anyway. For example:  taxes,  rental

In this case, salaries are fixed cost. Other examples are taxes, the rent of the building.

Variable cost are the one that change when we produce. So, some examples are materials to make hammers, operational expenses, energy, etc.

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What is the difference between an authoritarian and a democratic manager?
dolphi86 [110]

Answer:

Autocratic leadership has only one person that has the authority to make decisions and takes very little to no inputs from other groups, Democratic leadership allows everyone to participate in decision making.

Explanation:

Authoritarian leadership, also known as autocratic leadership, is a management style in <u>which an individual has total decision-making </u>power and absolute control.

Democratic management involves managers reaching decisions with the <u>input of the employees</u> but being responsible for making the final decision.

6 0
2 years ago
last year, you earned a rate of return of 7.55 percent on your bond investments. during that time, the inflation rate was 2.19 p
pychu [463]

The real rate of return is 3.15%.

What is real rate of return?
The annual percentage of financial gain on an investment that has been prorated for inflation is known as the real rate of return. As a result, the real rate of return provides an accurate representation of the real purchasing power of the a given sum of money over time. The investor can calculate how much more of a nominal return seems to be real return by adjusting this same nominal return to account for inflation. Investors must account for the effects of additional factors, including such taxes and investing fees, in addition to adjusting for inflation, in order to calculate real returns on their investments or to make investment decisions. Subtracting this same nominal interest rate from the inflation rate yields the real rate of return.


1+real rate = (1+rate of return) / (1+inflation)
1 + real rate = (1+0.0645) / (1+0.032)
1 + Real Rate = 1.0315
Real Rate = 0.0315 = 3.15%

To learn more about real rate of return
brainly.com/question/3578105
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4 0
11 months ago
Consider the following information pertaining to OldWest's inventory:
kipiarov [429]

Answer:

$2,664

Explanation:

Generally Acceptable Accounting Principles requires that the closing inventory should be valued at lower of cost and Net realizable value.

Product     Quantity    Total Cost     Total Net Realizable Value

Revolvers      13           $126              $155

Spurs             22          $32               $27

Hats               9            $58               $48

Choosing Which one is lower for each product

Product     Quantity    Rate        Total Value

Revolvers      13           $126              $1,638

Spurs             22          $27               $ 594

Hats               9            $48               $432

Total Closing Inventory Value = $1,638 + $594 + $432 = $2664

4 0
3 years ago
Frictional unemployment is:
frozen [14]

Answer:

D.unemployment that is due to normal turnover in the labor market.

Explanation:

Frictional unemployment occurs as as result of normal movement of workers in an economy due to changing of jobs. It is also called transitional employment.

This type of employment can occur even when there is full employment in the economy and people want to move from one job to the other.

Frictional unemployment could be due to quitting, termination, seasonal employment, or term employment.

4 0
2 years ago
Businesses using the allowance method for the recognition of uncollectible accounts expense commonly experience four accounting
olchik [2.2K]

Answer:

(1) Recognition of revenue on account.

The accounting record a sale as usual.

(2) Collection of cash from accounts receivable.

The accounting records the accrued revenues as usual.

(3) Recognition of uncollectible accounts expense through a year-end adjusting entry.

Based on experience or other actors, the company considers a portion of their sales revenecue (or assets i nthe balance heet) to be ficticional.

(4) Write-off of uncollectible accounts.

The accouning simply decrease the acc receivalues and then, it proceeds with the credited agains the allowance.

Explanation:

5 0
3 years ago
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