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.

You might be interested in

What are the consequences of traditional law of production

adoni [48]

What are the sequence of traditional law of production

6 0

4 years ago

The analysis of the behavior of individual decision-making units is the definition of

Sphinxa [80]

Answer : A) Microeconomics

7 0

3 years ago

Read 2 more answers

Challenge TasksThree weeks ago, Mike McGee left to join a larger company, and management decided to reorganize the IT department

Naddika [18.5K]

Egged gig for the next month or something

6 0

4 years ago

Which of the following is one of the first steps to take in launching the strategy execution process? A. Form a mission statemen

leva [86]

Answer:

The correct answer to the following question will be Option C.

Explanation:

The strategy execution method offers a systematic framework to explain, interact, enforce, and conduct policy. The objective of this project would be to ensure that the organization focuses on building value-added technologies and implementing value-optimizing expenditures.
Bringing together a good leadership people with the highest combination of talents, abilities, as well as the desire to do tasks has become one of the measures to follow to initiate this venture.

Other choices have no relation with the specified scenario. So Option C seems to be the right response.

5 0

3 years ago

In what positive and negative ways has the Internet changed the conduct and coordination of global business?

Whitepunk [10]

Answer: Positive ways; Barriers in connecting is slightly no more, Negative ways; Increase in fraud and cyber theft

Explanation:

The internet has changed the conduct and cordination of global business in many ways both positively and negatively. Considering the positive ways

Positive Ways: Barriers in connecting is slightly no more: connecting to one another has been made easy to do business recently, people in continents can carry out a transaction and a trade under minutes of interaction and get the goods and services exchanged among each other immediately.

Negative ways; Increase in fraud and cyber theft; despite the swift nature of doing business now, it has also Increased fraud as some people disguise themselves to be traders and businessmen just to collect people's money.

7 0

3 years ago