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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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ludmilkaskok [199]

Answer:

niche marketing

Explanation:

Niche marketing -

It refers to as one of the subset of the market , which focus on certain products , is referred to as niche marketing . It is also known as small market segment .

It tries to focus on some specific needs of the market , the production and quality of the goods and services .

It tries to support smaller companies in order to live with the highly competitive market .

Hence , from the given scenario of the question ,

The correct answer is niche marketing .

7 0
2 years ago
Direct labor and indirect labor are recorded, respectively, to:
torisob [31]

Answer:

d. Work in Process Inventory and Factory Overhead.

Explanation:

Direct labor is labor that is directly involved in the production process, for example a machine operator in a factory is supplying direct labor. So when recording direct labor we do so under work in process inventory as that is where the labour is applied.

Indirect labour is one that is not directly involved in the production process, for example office cleaners, building maintenance. Since their contribution is not directly impacting production, indirect labor is recorded under factory overhead.

8 0
3 years ago
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According to the quantity theory, if constant growth in the money supply is combined with fluctuating velocity, which of the fol
tatuchka [14]

Answer:

A

Explanation:

The quantitative theory of money states that MV=PT.

M: money supply

V: velocity of circulation (number of times that a dollar changes of holder in a period)

P : price of a typical transaction

T: total number of transactions.

We can also write the equation as MV=PY, because the value of transactions is equal to the GDP (Y).

If M has a constant growth but there are fluctuations in V, then P, Y or both change.

5 0
3 years ago
Jenkin's, a large retail store, has lately been experiencing issues with sales and has lost a lot of customers. Bobby is hired t
Arturiano [62]

Answer: Task-oriented leader

Explanation: In a task leadership strategy, the leader focuses only on the task that needs to be completed. This is a performance oriented approach. While using this approach the manager strictly tries to make his employees to adjust on the working environment.

In the given case, Bobby is a tough leader and do emphasize on the tasks and takes less care of his employees needs and preferences.

Thus, we can conclude that bobby is a task oriented leader.

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