to improve productivity, a local bakery rents a machine that mixes, partitions, and then bakes dough for a variety of pastries. the machine costs the business $2,500 per month to rent and operate, regardless of output. the cost of renting the machine isa classified as variable cost.
cost refers to the whole amount of cash spent on the manufacturing of a particular unit of product at a particular time.
The value of renting the system is assessed as a variable cost.
fixed fee: that is a sort of price that doesn't alternate with modifications in production. this indicates constant cost remains regular for the duration of manufacturing. Examples: cost of equipment, price of land, value of construction.
variable cost: This form of fee modifications with changes in manufacturing. Examples; the value of raw fabric, salaries of employees, price of renting machines,s and many others.
Marginal fee: It changes with the modifications in additional gadgets of inputs in manufacturing.
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Answer:
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Answer:
Storming.
Explanation:
When teams are formed they go through various stages of development before they start working harmoniously and productively.
The various stages of team development are:
-Forming: when the team is newly assigned together
-Storming: there is conflict between team members, and authority is tested.
-Norming: team members accept each other
-Performing: team works harmoniously to meet set goals
-Adjourning: team is disbanded after project completion.
In the give scenario where Subject Matter Experts from various parts of the organizational have been enlisted and you have noticed friction and conflict among team members, they are in the storming pages of team development
Answer:
The answer is $250,000
Explanation:
NOTE: The answer to the question is not among the options.
Contribution margin in Cost-Volume-Profit (CVP) is sales minus variable cost.
Sales - $670,000
Total variable expenses $420,000
Therefore in CVP income statement, contribution margin is:
$670,000 - $420,000
= $250,000.
Gross profit is can never be calculated in CVP income statement