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3 years ago

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How are fixed costs different from variable costs?

2 answers:

viva [34]3 years ago

8 0

Answer:

How are fixed costs different from variable costs?

Fixed costs are costs associated with capital, such as machinery; variable costs are the cost of labor.

Explanation:

Alekssandra [29.7K]3 years ago

6 0

Answer:

How are fixed costs different from variable costs?Fixed costs do not change no matter how much a business produces; variable costs do change.

Explanation:

when a company decides to produce a certain commodity fixed cost and variable costs are the main costs of the company. Fixed costs are constant regardless of the amount of output a company produces . e.g insurance and rental payment while Variable cost changes or varies or with the amount of goods and services produced by a company.e.g money paid for labour.

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When two or more organizations combine to become one, it is referred to as a(n)?

xeze [42]

When two or more organizations combine to become one, it is referred to as a merger.

What are the 3 types of mergers?

Vertical, horizontal, and conglomerate mergers are the three basic forms of mergers.

Horizontal Merger- Companies at the same stage in the same industry unite in a horizontal merger to cut costs, increase product options, or lessen competition.
Vertical Merger- In a vertical merger, a business acquires another business in the same sector that is frequently active at an earlier or later point in the manufacturing or sales process.
Conglomerate Mergers -To lower risk, conglomerates consolidate firms that are unconnected to one another.

Learn more about Mergers: brainly.com/question/16557059

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6 0

2 years ago

Kyoko and Jacques need to decide which one of them will take time off from work to complete the rather urgent task of changing t

viktelen [127]

Answer:

Kyoko

Explanation:

Based on the information provided it can be said that in this scenario the individual with the lowest opportunity cost of completing the task is Kyoko. This is because opportunity cost refers to what is being lost when choosing one opportunity or decision as opposed to another, and in this scenario since Kyoko is way faster at changing the brakes than Jacques then he will be losing less money by changing the brakes than Kyoko.

Kyoko: 160/2 = $80 opportunity cost for changing the brakes.

Jacques: 20*5 = $100 opportunity cost for changing the brakes.

4 0

3 years ago

The Chinese culture is a tight social framework in which people take care of the members of a broader in group and act loyal to

aniked [119]

B. Uncertainty avoidance

8 0

3 years ago

Synthetic Fuels Corporation prepares its financial statements according to IFRS. On June 30, 2019, the company purchased equipme

Elza [17]

Answer:

The correct interpretation of the given problem is outlined in the following portion of the explanation.

Explanation:

On 2019,

Company purchased = $540,000

Life useful = 5 years

(1)...

On year 2019,

$Depriciation=\frac{Cost - Residual \ Value}{useful \ life}$

On putting the values, we get

⇒ $=\frac{540,000-0}{5}$

⇒ $=108,000$

Journal - Dr $108,000 in depreciation A/c.

(2)...

Assets A/c Dr $ 92,880, To reassess surplus $92,880

Now,

$Revalution \ Amount= Carring \ Amount \ of \ Assets \ on \ revaluation \ Date - Valuation \ of \ non \ current \ Assets$

On putting the values, we get

⇒ $=432,000 - 524,880$

⇒ $=92,880$ (Gained revaluation)

(3)...

On year 2020,

$Depriciation = \frac{Cost - Residual \ Value}{ useful \ life}$

On putting values,

⇒ $=\frac{524,880}{4}$

⇒ $=131,220$

Journal - Depreciation A/c Dr. $131,220

.

(4)...

Surplus revaluation: Dr $39,312

$Revalution \ Amount = Carring \ Amount \ of \ Assets \ on \ revaluation \ Date - Valuation \ of \ non \ current \ Assets$

On putting values,

⇒ $=393,660-354,348$

⇒ $=39,312$ (Loss revaluation)

3 0

3 years ago

On September 1, 2021, American Metals Distribution (AMD) has an inventory of 10,000 pounds of copper that it plans to sell on th

Anon25 [30]

Answer and Explanation:

a. The Journal entry is shown below:-

1. Hedge charges Dr, $150

To Cash Account $150

(Being bank charges is recorded)

2. Hedge Instrument - Financial Asset Dr, $600

To Profit and Loss A/c $600

(Being financial assets is recorded)

3. Profit and Loss A/c Dr, $600

To Inventory Account - Copper $600

(Being profit and loss account is recorded)

4. Bank A/c Dr, $22,400

To Sales $22,400

(Being bank account is recorded)

2. The computation of the gross margin and locked with the put option and actual reported gross margin is shown below:-

Particulars Rate Pounds Amount Gross Margin Gross Margin

Cost Price $2.15 10,000 $21,500

Strike Price $2.3 10,000 $23,000 $1,500 6.98%

Cost after hedge

loss of $0.6 2.09 10,000 $20,900

Selling Rate $2.24 10,000 $22,400 $1,500 7.18%

Gross margin locked with the put option: 6.98%

Actual reported gross margin: 7.18%

The two amounts are different, since the carrying value of the inventory has changed and the same has been reduced. As a result the total gross margin of 1,500 yielded another percentage as the base value (inventory carrying value) was adjusted.

5 0

4 years ago