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3 years ago

Which of the following is an example of a variable cost?

Business

2 answers:

kifflom [539]3 years ago

8 0

Answer:

Utilities

Explanation:

Variable costs are expenses that vary proportionately with the changes in production level. Should production level rise, variable costs increases. Variable costs form the majority of the direct cost of production.

Unlike fixed costs, the monthly bill for variable costs will keep fluctuating. In this scenario, utilities represent the variable cost. Expenses on electricity, water and other consumables will vary from time to time. With a high level of production, consumption of power and water will be high.

Rent and insurance cost will remain the same regardless of production level. A professional fee is an overhead expense. It is not an input in the production process.

lukranit [14]3 years ago

5 0

Answer:

Yes. Utilities

Explanation:

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For any external resources that are used on the project, such as subcontractors, consultants, or vendors, the______ will define

Anastaziya [24]

Answer: project manager

Explanation: The project manager's role. A project manager is a person who is responsible for initiating, preparing, designing, implementing, tracking, overseeing and closing a project successfully. A project manager is a person in charge for both smaller and larger decision-making.

Hence, as he or she is responsible for successful completion it is the responsibility of the project manager to define, approve and acquire all the documentation needed regarding the project.

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3 years ago

Tom transfers a building that originally cost $40,000 to Paul Corp. in exchange for 100% of the corporation's stock. the adjuste

Korolek [52]

Answer:

Gain recognized by Tom is $10000

So option (b) will be correct answer

Explanation :

We have given liability on bulding assumed by Paul Corp = $30,000

Tom's adjusted basis in the building = $20,000

Since the liability assumed by Paul Corp on the building is greater than Tom's adjusted basis, Tom must recognize gain equal to the difference between the liability on the building and his adjusted basis.

So gain recognized by Tom = $30,000 - $20,000 = $10,000

4 0

3 years ago

Henry Crouch's law office has traditionally ordered ink refills 55 units at a time. The firm estimates that carrying cost is 40%

defon

Answer:

Its action would be optimal given an ordering cost of $28.31 per order

Explanation:

According to the given data we have the following:

economic order quantity, EOQ= 55 units

annual demand, D=235

holding cost per one unit per year, H=40%×$11=$4.4

ordering cost, S=?

In order to calculate the ordering cost we would have to use the following formula:

EOQ=√(2×D×S)

(H)

Hence, S=(EOQ)∧2×H

2×D

S=(55)∧2×4.4

2×235

S=13,310

470

S=$28.31

Its action would be optimal given an ordering cost of $28.31 per order

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3 years ago

List the different elements of an apprenticeship

cupoosta [38]

1.Technical Certified/VRQ (Vocational related Qualification)

2.NVQ (National Vocational Qualification)

3.Key skills

4.EER (Employment Rights & Responsibilities)

3 0

3 years ago

In earned value management, a baseline includes ____ (wbs tasks), time (start and finish estimates for each task), and cost info

shusha [124]

Answer:

The correct answer is: scope.

Explanation:

Earned Value Management (EVM) is a helpful method that allows high-rank executives to measure the performance of their projects. It analyses the difference between the work planned in the project with the work performed. The three pillars of EVM are scope, time, and cost information. The scoping process implies a Work Breakdown Structure (WBS) where the initial plan is broken into micro levels for better analysis.

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3 years ago