1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
siniylev [52]
3 years ago
9

LO 2.2Explain the differences among fixed costs, variable costs, and mixed costs.

Business
1 answer:
hjlf3 years ago
7 0

Answer:

Explanation:

There are primarily two types of costs, i.e. variable costs and fixed costs. The variable cost is the cost that varies when the level of production changes, whereas the fixed cost is the cost that remains constant, whether the level of production changes or not.

Therefore, indirect material indirect labor, and factory supplies are included in the variable costs, and the fixed costs include supervision taxes and depreciation expenses.

The mixed cost is a mix combination of both the variable cost and the fixed cost which includes some components of fixed cost and some components of variable cost. It is also known as semi-variable cost

Example - transportation cost, tel communication cost, etc

You might be interested in
Read these articles on the importance of setting goals, Article 1 and Article 2. As you read, think about how each article defin
kaheart [24]

The importance of goal setting is numerous and some of them include:

  • Increased productivity
  • Helps one to focus on goals
  • They improve self-mastery

<h3>What is Goal Setting? </h3>

This refers to the process where a person takes proactive measures towards achieving a set goal.

Hence, we can see that goal setting helps one to stay focused and find working systems to achieve them and when writing about goal setting, the main idea would always be how to be more productive.

Read more about goal setting here:

brainly.com/question/1512442

S#SPJ1

5 0
1 year ago
The simple objective of financial planning is to make the best use of your resources to achieve your financial goals.
Anton [14]
The answer is A. True I believe
3 0
3 years ago
ASAP Please help and thank you!
valina [46]

Charles' human life value will be $249,200.

<h3>What is the process of calculating life value?</h3>

The process of calculation of life value in an insurance is that first of all determine the current income and than subtract the expense, premiums of insurance, and payment of income tax. The third step is recall the number of years of earning which are remaining before the age of retirement .The life value is an economic value which is used to judge the benefit for the reason of avoiding the rate of fatality.

The third step is recall the number of years of earning which are remaining before the age of retirement and than find the discounting factor rate including inflation.The life value is an economic value which is used to judge the benefit for the reason of avoiding the rate of fatality.

Therefore, Charles' human life value will be $249,200.

Learn more about life value here:

brainly.com/question/14298816

#SPJ1

5 0
1 year ago
Only three airlines fly from San Francisco to Medford, Oregon. No new airline will enter this market, because there are not enou
I am Lyosha [343]

Answer:

a) Oligopoly

Explanation:

The oligopoly is a market structure which characterized by the presence of a few large companies producing homogeneous or differentiated products

In this market, there are few sellers plus there is also a barriers for entering the new firms in the market. Also, the prices are normally fixed in this market because due to the competitors as they are fear of price war

So in the given question, it indicated the oligopoly scenario

8 0
3 years ago
The primary measure of a nation's level of development is its _____.
Veronika [31]

The answer is per capita gross domestic product. The per capita GDP is the one responsible for measuring the country’s total output in which they take their GDP and are being divided by how many are the people in their own country.

7 0
3 years ago
Other questions:
  • You own a house that you rent for $1,475 per month. The maintenance expenses on the house average $275 per month. The house cost
    12·1 answer
  • The Wagner Act of 1935 is grounded in which of the following principle beliefs regarding conflict?
    7·1 answer
  • Paul's Dogs Corp. has 9 percent coupon bonds making annual payments with a YTM of 8.5 percent. The current yield on these bonds
    14·1 answer
  • Inventory records for Marvin Company revealed that following :a.Mar 1. Beginning Inventory 1,000 units $7.20b.Mar. 10 Purchase 6
    10·1 answer
  • A product modification differs from a line extension in that _______. a. the original product does not remain in the line b. it
    8·1 answer
  • Americans spend the largest portion of their budget on _____
    13·1 answer
  • In order to help an interviewer remember you, it is recommended to __________.
    13·2 answers
  • Broomhilda manufactures broomsticks for her fellow witch (and wizard) friends. Broomhilda uses a job order cost system and appli
    14·1 answer
  • Today, you borrowed $12,200 on your credit card to purchase some furniture. The interest rate is 16.8 percent, compounded monthl
    13·1 answer
  • When zappos first started out, which form of promotional tool did it use to build its customer base?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!