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Anit [1.1K]
4 years ago
7

Many firms consider wage costs to be variable costs. Why do academic book publishers usually consider their wage and salary cost

s to be fixed​ costs?Is the cost of travel ​fixed, variable, or can it be​ both? Briefly explain.
Business
1 answer:
noname [10]4 years ago
7 0

Answer: This could be explained as follows

Explanation: Fixed cost are the cost which do not change with level of output and variable cost are those which does change with the level of output.

Wage sand salary cost are considered to be fixed as most of the firms pay their employees on monthly basis rather than on hourly or per unit basis.

Travelling cost can be both fixed or variable as per the situation as sometimes the travel is frequent and sometimes it is to be done for special purposes.

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What is organizational performance, and what is its relationship with efficiency and effectiveness?
Otrada [13]

Answer:

idk

Explanation:

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7 0
4 years ago
Read 2 more answers
Establishing mutual aid agreements to obtain resources from neighboring jurisdictions is an example of what resource management
Vsevolod [243]

Planning for Resources

Explanation:

The process of resources management includes:

  • the development of recompense systems.
  • Performance enhancement of team members.
  • Track team and performances individually.
  • Identifying and ensuring effective use of physical resources (control).

A main activity of a project manager is to clearly identify the roles and responsibilities and other project stakeholders using tools such as the responsibility assignment matrix.

9 0
3 years ago
KylaKyla is buying clothesclothes. She can choose between blue jeansblue jeans​, khaki pantskhaki pants​, and black jeansblack j
cupoosta [38]

Answer:

B. The khaki pants

Explanation:

Opportunity cost is the benefits forfeited as a result of choosing one item or activity over the other.  It the value of the next best alternative of choice made.

Opportunity costs arise because people have to make choices every day. Choosing an item over others implies sacrificing the benefits of the others. The value or cost of the sacrificed item represents the opportunity cost.

Khaki pants are the opportunity cost. Kyla is comfortable with either blue jeans or khaki pants. He does not like black jeans. His alternatives are khaki pants or Blue jeans. Choosing blue jeans implies forfeiting khaki pants. The khaki pants are the best alternative that was missed.

7 0
3 years ago
Lacy's Linen Mart uses the average cost retail method to estimate inventories. Data for the first six months of 2021 include: be
faust18 [17]

Answer:

Best estimate for inventory =$70,764.85

Explanation:

The closing inventory value at retail

= (Opening inventory + Purchases - sales)  all in retail prices

= $123,000 +  $483,000 - 493,000.

= 113000

Closing inventory value at cost

=113,000 ×  (64,500 + 315,000)/(123,000 +  $483,000)

=70,764.85

Best estimate for inventory =$70,764.85

4 0
3 years ago
In the past 20 years the United States has entered into several "free trade agreements." The commonality of these free trade agr
Wewaii [24]

Answer:

A specific trade agreement would be the US - Colombia trade agreement, which was signed on 2006.

Explanation:

This trade agreement reduced 80% of tariffs that used to applied to goods exported from the U.S. to Colombia, and from Colombia to the U.S.

The agreement benefits consumers in both countries because it allows each country to specialize in the production of those goods that they do best, for example, coffee in the case of Colombia, and industrial goods in the case of the United States.

However, because the United States is a much more powerful country, with a higher level of development, consumers in the US have benefited more than Colombian consumers.

8 0
4 years ago
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