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Diano4ka-milaya [45]
3 years ago
9

LO 2.2Variable costs are expenses that ________.

Business
1 answer:
sleet_krkn [62]3 years ago
8 0

Answer: A: remain constant on a per-unit basis but change in total based on activity level

Explanation: A Variable cost is a cost an organisation incurs that is affected by fluctuations in production and so changes between given periods.

variable costs are not consistent but fluctuates in relation to the production activity of an organisation. Variable costs increases as production level increases and vise versa.

Costs associated with variable costs are those that contribute directly to the goods or service being offered by a business and therefore differ from period to period.

The total costs a company incurs are divided into Variable costs and Fixed costs. variable costs are costs incurred on raw materials, commission, labour, packaging and shipping while fixed costs are costs incurred on rent, salaries, repairs and maintenance, electricity etc.

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When using the indirect method to prepare the operating section of a statement of cash flows, which of the following is deducted
zysi [14]

Answer:

B

Explanation:

When using the indirect method to prepare the operating section of a statement of cash flows , the gain on sale of land will be deducted from the net income as it has already been included in the net income as the gain on the sales of the land , which was a non cash recognition in the course of the business.

Decrease in receivable means that there was an inflow of cash as some receivables had paid their debts , thus it is added.

The amortization is a non cash expenses that had been deducted which will need to be added back to the net income for the purpose of cash flow.

5 0
3 years ago
The beginning inventory of BG Action Figures is understated by $7 million at December 31, 20x8. What is the effect on 20x8 cost
pogonyaev

Answer:

$7million understated

Explanation:

Based on the information given the effect on 20x8 COST OF GOODS SOLD will be UNDERSTATED by $7 million reasons been that since the OPENING INVENTORY IS UNDERSTATED by $7 million which means that the COST OF GOODS SOLD will as well be UNDERSTATED by the same amount based on the fact that opening inventory adds to Cost of goods sold.

8 0
3 years ago
E-businesses use the physical rather than the virtual value chain
Olenka [21]

Answer:

trueee

Explanation:

5 0
3 years ago
The Real Estate Recovery fund is financed through money received from administrative fines and surcharges on new and renewing li
Lelu [443]

Answer:

The correct answer is:  $1,000,000 (one million dollars).

Explanation:

The Real Estate Recovery fund is the poll of money collected to refund people who have been affected somehow by real state brokers or salespeople. Fraud, misrepresentation or deceit are considered for his purpose and it is given only when no benefit can be provided to the person affected after court. If the amount implied is greater than $1,000,000 (one million dollars) the Real Estate Recovery Fund is unable to provide any reimbursement aid.

3 0
3 years ago
A business received an offer from an exporter for 10,000 units of product at $13.50 per unit. The acceptance of the offer will n
OverLord2011 [107]

Answer:

Effect on income= $15,000 increase

Explanation:

Giving the following information:

A business received an offer from an exporter for 10,000 units for $13.50 per unit.

Unit manufacturing costs:

Variable 12

<u>Because it is a special offer and there is unused capacity, we will not take into account the fixed costs.</u>

Effect on income= number of units*unitary contribution margin

Effect on income= 10,000*(13.5 - 12)

Effect on income= $15,000 increase

4 0
3 years ago
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