Variable costs are corporate expenses that vary in direct proportion to the quantity of output. Unlike fixed costs, which remain constant regardless of output, variable costs are a direct function of production volume, rising whenever production expands and falling whenever it contracts.
Tom should use online services in order to promote his holiday packages. he can promote his packages through it
Answer:
Cost basis= $29,150
Explanation:
Cost basis refers to the initial purchase price of an asset that is used for tax purposes. It is the initial amount invested in an asset in addition to any commission's or fees.
Capital gains is the difference between the sale price and the the cost basis of an asset.
Tracking cost basis is necessary for determining the success of an investment and also for tax purposes.
We will sum the following to get the cost basis
Purchase price= $24,500
Shipping cost= $650
Paint= $1,000
Sales tax= $3,000
Cost basis= 24,500+ 650+ 1,000+ 3,000
Cost basis= $29,150
Answer:
decreased by 4.5%
Explanation:
A family consumes: 10 pizzas, 7 pairs of jeans, and 20 gallons of milk.
In 2016, pizzas cost $10 each, jeans cost $40 per pair, and milk cost $3 per gallon.
The family's total cost of living in 2016 is:
In 2017, pizzas cost $8 each, jeans cost $40 per pair, and milk cost $3 per gallon.
The family's total cost of living in 2017 is:
The change, in percentage, of a typical family's cost of living is:
The cost of living decreased by 4.5%
