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
Bonita Industries produces corn chips. The cost of one batch is below: Direct materials $18 Direct labor 14 Variable overhead 12
sp2606 [1]

Answer:

$19

Explanation:

Data provided

Direct material = $18

Direct labor = $14

Variable overhead = $12

Offered price from outside supplier = $25

The calculation of Bonita Industries save is shown below:-

Total cost of production = Direct material + Direct labor + Variable overhead

= $18 + $14 + $12

= $44

Savings = Total cost of production - Offered price from outside supplier

= $44 - $25

= $19

5 0
3 years ago
In an appraisal interview, the rating manager should never ________. take any responsibility for an employee's performance assis
Sindrei [870]

Answer:

The correct answer is letter "C": refuse to take some responsibility for an employee's performance if the supervisor neglected to provide regular performance feedback.

Explanation:

Performance appraisals are evaluations managers make of employees to find out if they are meeting the expectations of their duties. These tests aim to measure the efficiency of employees in their day-to-day activities at work, The appraisals have a standard method of rating workers according to their tasks and position in the firm and based on that standard feedback is provided.

<em>Supervisors are in charge of giving workers immediate suggestions on how workers could improve their operations but if they have not done that resulting in poor performance of an employee, the managers conducting the tests must accept part of the responsibility for that to happen relies on the managers.</em>

8 0
4 years ago
What is price and explain factors that influencing price. Give at least 5 factors and explain them.
Archy [21]
It would be 764 have a good day bye
7 0
3 years ago
How do scarce resources influence you personally? What impact does this have on your financial management?
tankabanditka [31]
Scarce resources encourage me to spend time thinking about how I use the limited amount of money and materials that have so that I may use them in a matter that best guarantees that I will get the most satisfaction out of it. Since resources also include time, they also define how much I time I spend doing which activities, and steer me to put in a certain degree of work. 

Since there is a limited supply of resources, the great wheel that facilitates the cycle that these such resources use, known as money, must also be limited. How I manage my finances (money and resources). Knowing this, I am encouraged to invest such resources into more efficient outlets to attain the most powerful results out of my few resources. 

3 0
4 years ago
The model that requires a manager to assess her own style and her situational control is
zavuch27 [327]

The model that requires a manager to assess her own style and her situational control is<u> "Fiedler's contingency model".</u>


The Fiedler Contingency Model was made in the mid-1960s by Fred Fiedler, a researcher who contemplated the identity and qualities of pioneers.  

The model expresses that there is nobody best style of initiative. Rather, a pioneer's adequacy depends on the circumstance. This is the aftereffect of two components – "leadership style" and "situational idealness" (later called "situational control").

6 0
4 years ago
Other questions:
  • If Steffi withdraws​ $400 in cash from her checking​ account, then
    10·1 answer
  • Cutting costs is the best way to maximize profitability. <br> a. True <br> b. False
    12·1 answer
  • Rundle Company, which expects to start operations on January 1, 2018, will sell digital cameras in shopping malls. Rundle has bu
    12·1 answer
  • CNP, Inc. is considering a project that will produce cash inflows of $12,000 in year one, $27,600 in year two, and $48,100 in ye
    10·1 answer
  • Wattan Company reports beginning inventory of 11 units at $65 each. Every week for four weeks it purchases an additional 11 unit
    14·1 answer
  • Jan is an average salesperson. She tends to make her sales quota four out of every five months. Last month she closed the larges
    8·1 answer
  • Due to the complexity of the incident, the Incident Commander has expanded the Operations Section to include an Evacuation Group
    13·1 answer
  • All the following statements describe the flexibility available to the owner of a universal life insurance policy EXCEPT: Group
    11·1 answer
  • Preparation of the statement of cash flows does not involve: Select one: a. Computing the net increase or decrease in cash. b. C
    7·1 answer
  • Suppose that there are two winners for the Nobel Prize in Economics this year, and suppose that one of them is a professor at yo
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!