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EastWind [94]
3 years ago
15

1. What is the difference between fixed, variable, and periodic costs?

Business
1 answer:
lisov135 [29]3 years ago
4 0

Answer:

The difference is in how they response to the level of production of the firm.

Variable cost are directly associated with the production level, therefore changes with the number of units produced.

Fixed costs do not change with the level of production and remains fixed. Usually, fixed cost changes with the time.

Periodic Costs are the costs that cannot be capitalised and are incurred for a period of time. Such as administrative costs.

Explanation:

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Answer:

decrease $49,605

Explanation:

corporation purchased eqipment = $ 300000

ADS recovery period = 10 years

MACRS useful life of 7 years

th eequipment sold for $290,000

The result is option d. Decrease $ 49,605

4 0
3 years ago
in a class of p student the average mark is n and in another class of q student the average mark is n. calculate the average mar
lesantik [10]

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A $66.50

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7 0
2 years ago
Fein Company provided the following information relating to cash payments:
BlackZzzverrR [31]

Answer:

Fein Company

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For the Month of August 202x

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6 0
3 years ago
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There were no effects the great depression has on the credit industry. There was instead insider trading. people didn't care about the dangers of inside trading. But then WWII put the US back on track.

The effects Postwar Era had been good. Consumer borrowing increased. the G.I Bill was used by thousands of veterans to go to college or buy homes. Wages were mostly higher now and there were many jobs out there.
7 0
3 years ago
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