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4 years ago

A fixed cost is a cost which

Business

1 answer:

ale4655 [162]4 years ago

4 0

Answer:

The answer is c. remains constant in total with changes in the level of activity.

Explanation:

In a cost structure of a firm, for decision-making purpose, it is usually divided into fixed cost and variable cost.

Variable cost is the type of costs which will increase following an additional production of an extra unit of product/service, that is, level of activity has been risen up given the production is taken place. A good example of these cost are material cost, labeling cost.

Fixed cost, as it name may tell, is costs that are unchanged regardless of a firm's activities level. That is, regardless of how many product/service is produced, these costs remain the same. A good example of these cost are depreciation cost, rental cost.

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Which of the following costs is an example of a Selling & Administrative (S&A) cost rather than a product cost? Group of

irakobra [83]

Answer:

The answer is B.

Explanation:

Option B. Wages of sales person are the example of a Selling and Administrative cost. Other examples are rents, distribution cost etc.

Option C is wrong. Wages of production machine operators is a direct wage. It will form part of cost of sales.

Option D is wrong. Insurance on factory equipment cannot be attributable to selling cost.

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3 years ago

Why does amount of debt or money owed have as much weight as credit history in determining a person’s credit score?

Sati [7]

Your debt to income ratio determines how likely you are able to make your payments. When a high percentage of your available credit is been used, this can indicate that your money is overextended, and you may be more likely to make late and or missed payments.

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3 years ago

Read 2 more answers

Which of the following statements best characterizes a basic difference between market economies and centrally-planned economies

Alika [10]

Answer:

d. None of the above are correct.

Explanation:

In a centrally planned environment, the government make decisions on production.

In a market economy, market forces make production decisions.

Society relies more upon prices to allocate resources when the economy is centrally planned than a market economy.

The self-interest of households is reflected more fully in the outcome of a market planned economy than in the outcome of a centrally planned economy

Government plays a larger role in the economic affairs of a centrally planned economy than in the economic affairs of a market planned economy.

I hope my answer helps you

8 0

3 years ago

Lexi Company forecasts unit sales of 1,600,000 in April, 1,280,000 in May, 930,000 in June, and 1,620,000 in July. Beginning inv

Alisiya [41]

Answer:

Month April May June

Purchases budget 1,832 1,140 1,206

Explanation:

Purchase budget is determined as follows:

Sales budget + closing inventory - opening inventory

'000

Month April May June July

Sales Units 1,600 1,280 930 1,620

Opening inventory (280) ( 512 ) (372 )

Closing inv.(40% of next mth) 512 372 648

Purchase budget 1,832 1,140 1,206

Note that the closing inventory for a particular becomes the opening inventory for the next following month.

For example, the closing inventory figure of April ( 512 ) is the opening inventory for May.

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3 years ago

A typed list of 20 manufacturers, broken down as follows: 10 dry goods / 5 frozen goods / 5 refrigerated goods (You must indicat

Roman55 [17]

What the hell are you talking about

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3 years ago