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3 years ago

1. Choose a real or made up example of a company, and describe at least three variable costs the

Business

1 answer:

Softa [21]3 years ago

4 0

Answer:

Let Sanguine Wines Ltd. refer to a hypothetical company for the purpose. Following would constitute Sanguine Wines Ltd's variable costs:

Raw Material or input prices: The raw material or inputs of sanguine wines limited purchases from suppliers such as dried grapes, sugar and the likes. The price of such inputs is prone to seasonal fluctuation and thus variable
The performance related incentive for employees for number of bottles of wine created, would be variable cost as it would vary with the no of bottles produced.
Discount allowed to distributors which varies based upon the number of bottles purchased by them.
Commission paid to wine salesperson which varies with respect to bottles sold.

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2 years ago

Staples sells office supplies and machines, furniture, and business services both in stores and online. It sells every kind of s

tatiyna

Answer:

The correct answer is letter "A": industry-wide differentiation strategy.

Explanation:

An industry-wide differentiation strategy aims to broaden the scope of a business that is specially dedicated to the retail of products of a certain industry. The company keeps focusing on the same industry but supplying more related products consumers their typical consumers are likely to purchase. Part of the strategy implies reaching new markets, thus, investment in new locations might be necessary.

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3 years ago

An entrepreneur who needs large amounts of capital to create and distribute a new invention would most likely visit

Lynna [10]

Answer:

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Explanation:

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3 years ago

Jefferson Co. uses the following standard to produce a single unit of its product: Variable overhead $6 (2 hrs. per unit @ $3/hr

tankabanditka [31]

Answer:

B. 6,000U

Explanation:

The total variable overhead variance shall be calculated using the following formula:

Variable overhead variance=(Actual units produced*Standard hours per unit* Standard rate per hour) - (Actual variable production overhead cost of actual production)

Standard rate per hour=$3

Standard hours per unit=2

Actual units produced=24,000

Actual variable production overhead cost of actual production=$150,000

Variable overhead variance=(24,000*2*3-150,000)

=(144,000-150,000)

=$6,000U

So the answer is B. 6,000U

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3 years ago

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klemol [59]

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