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3 years ago

Discuss the difference between fixed expenses and variable expenses as they relate to a budget.

2 answers:

8 0

Fixed expenses are those that dont change with changes in production level or sales volume, variable is the exact opposite.

SSSSS [86.1K]3 years ago

6 0

Fixed expenses are expenses that stay the same for a person or a business. An example of a fixed expense is rent/mortgage. This expense doesn't change if you are only usig the building for 2 weeks or the entire month, its a set rate. A variable expense is an expense that changes like an electric bill, it varies based on the month and usage. When you budget, you can easily budget for your fixed expenses but you need to allow some room in your budget for expenses that change.

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When the Coffee Collective purchases advertisements on the radio announcing its new patio and encouraging dog-loving coffee drin

Ilia_Sergeevich [38]

Answer: Pioneering advertising

Explanation: Pioneering advertising refers to the advertising of a product or service, the concept of which is fresh and none of such products had been to any market before. This kind of advertising is done for establishing a new market.

In the given case, the company wants to aware the dog lovers to know about the patio which is a new concept to the world.

Hence the correct option is E.

6 0

3 years ago

Activity-based costing accumulates overhead in one cost pool, then:_____.a. assigns the overhead to products and services by mea

Gekata [30.6K]

Answer:

c. allocates overhead to activity cost pools, and it then assigns the activity cost pools to products and services by means of cost drivers.

Explanation:

The activity based costing is the costing that helps to allocated the indirect cost or we can say the manufacturing overhead cost with the help of the many cost drivers or the many activity cost pools

Like if we allocate the setup cost so we have to allocated with the number of machine setups.

For the inspection cost, the number of inspections is required so that the allocation could be done

5 0

3 years ago

Which of the following is false? Economists who advocate discretionary monetary policy argue that it is more likely to achieve t

just olya [345]

Answer: None of the above

Explanation:

All of the above are correct.

For option A, Economists who advocate discretionary monetary policy do indeed believe that the monetary authority using this policy is more flexible to shape the best monetary policy to the existing circumstances.

Option B is also correct because Crowding out occurs when the government increases investment by borrowing which leaves less money for the private sector to borrow so they spend less. The government spent money here yet the private sector did not spend less so it is Zero Crowing out.

Option C by option B's explanation holds true because the entire amount the Government increased by was denied the private sector.

Option D is also true as not all Economists prefer rule-based monetary policy to discretionary monetary policy.

They are all true.

3 0

3 years ago

The economic system in which the state controls the economy is called

allsm [11]

State Capitalism or a Centrally Planned Economy

3 0

3 years ago

Jean's Fitness Club provides monthly memberships as well as personal training sessions. The personal trainers earn 50% of the re

kiruha [24]

Answer:

c. $175,500

Explanation:

Revenue $140,000

Training revenue $75,000

Product Sales $65,000

Total Revenue $280,000

Variable Expenses

Personal trainer wages expense $70,000

Cost of Product sold $35,000

Total Variable Cost ($105,000)

Contribution margin / operating income $175,000

Fixed Costs

Space rental expense $11,000

Depreciation expense $6,000

Rental insurance expense $3,000

Front desk staff wages expense $12,000

Total Fixed cost ($32,000)

Net Income $143,000

8 0

3 years ago