1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aalyn [17]
3 years ago
7

Sonia opened a yoga studio where she teaches classes and sells yoga clothing. Variable costs for Sonia's yoga studio include the

cost of the (i) tank tops. (ii) wages paid to the other yoga instructors. (iii) lease on the studio space. (iv) insurance that the landlord requires Sonia to carry for the studio. a. (i) only b. (i) and (ii) only c. (iii) and (iv) only d. (i), (ii), (iii), and (iv)
Business
2 answers:
LekaFEV [45]3 years ago
5 0

Answer:

B. (i) and (ii) only

Explanation:

A variable cost is a corporate expense that changes in proportion to production output. Variable costs increase or decrease depending on a company's production volume; they rise as production increases and fall as production decreases. Examples of variable costs include the costs of raw materials and packaging.

In Sonia's yoga studio, the only costs that change as the quantity of the good or service of the business produces changes are :

1. Tank tops

2. Wages paid to the other yoga instructors.

These two costs can change as business becomes bigger and expands.

MissTica3 years ago
3 0

Answer:

B) (i) and (ii)

Explanation:

Variable costs are costs that vary when the total output of the company varies. In this case, Sonia must pay the lease and the insurance regardless of how many yoga students she has.

But the cost of tank tops varies depending on how many tank tops she sells to her students or yogis. Until sold, the clothes are part of the inventory, and after they are sold you record their COGS.

Additional instructors can also be fixed or variable costs:

  • if they are paid a % of what the yogis pay for the classes, then they are variable costs
  • if they are paid a monthly salary, then they are a fixed cost
  • or they might even be a mixed cost, with a low monthly salary and a % depending on the number of students

You might be interested in
Which of the following would be considered an example of rent seeking? A. lobbyists securing spending policies that benefit thei
maks197457 [2]
I think the correct answer would be politicians trading favors that do not benefit the mass populace of voters. Rent seeking is a practice that involves the use of public policy in order to get benefit from it like increasing their benefits in the expense of other. This oftentimes done by a number of politicians.
4 0
3 years ago
To reverse a downward trend in sales, Mazda introduced its MPV minivan. Mazda positioned its van as a cross between a standard m
vivado [14]

Answer:

C. Benefit

Explanation:

7 0
3 years ago
What would be you KPIs as the finance and human Resource officer?
Debora [2.8K]

Answer:

1.37 - 1.90

Explanation:

Really hard to say a exact number but here's and idea.

6 0
3 years ago
Pacific Ink had beginning work-in-process inventory of $762,960 on October 1. Of this amount, $313,920 was the cost of direct ma
BartSMP [9]

Answer:

Cost of goods transferred =$6,388,147.07

Cost of ending inventory=$1,068,478.93  

Explanation:

Equivalent unit of material = (120,000× 100%)+(39,000×75%)=149250

Cost per unit of material = Total cost /Total equivalent unit

=(313,920 +2,956,500)/149250 =21.912

Cost per conversion cost

Equivalent unit of conversion cost

= (120,000 × 100%) + ((39,000×35%)= 133,650

Cost per unit of conversion cost

= ($3,737,220 + $449,040)/133,650  = 31.322

Cost of goods transferred = 120,000× (21.912 + 31.322)= 6,388,147.07  

Cost of Inventory = (75%*39,000×21.912)+(35%× 39,000×31.322)

                             = 1,068,478.93  

Cost of goods transferred =$6,388,147.07

Cost of ending inventory=$1,068,478.93  

=

3 0
3 years ago
Is rental income<br> A. Cash<br> B. Investment
maks197457 [2]

Answer:

Investment, you buy a property to rent in hope to make your money back over time.

Explanation:

3 0
2 years ago
Other questions:
  • On May 10, Keene Company sold merchandise for $4,000 and accepted the customer's Best Business Bank MasterCard. At the end of th
    10·1 answer
  • The federal speedy trial act allows for the dismissal of charges when the prosecution does not seek indictment within ________ d
    12·1 answer
  • Arbitrage is based on the idea that _________
    5·1 answer
  • While reviewing the books at his firm, Chad Cooper noticed discrepancies between how the firm recorded revenues last year and ho
    14·1 answer
  • Dave and his partner are studying the strengths and weaknesses of their construction business, Ajax Construction, as well as res
    8·1 answer
  • Pincus Associates uses the allowance method to account for bad debts. During 2021, its first year of operations, Pincus provided
    13·1 answer
  • Out of all colors which two go together​
    12·1 answer
  • Rockwood International needs to make risky decisions on a daily basis. Therefore, its managers are likely to
    8·1 answer
  • Read the argument below and determine the underlying principle that was used to come to the conclusion presented: A free college
    9·1 answer
  • Foxburg Company has the following information: Work-in-Process Finished Goods Materials Beginning inventory$1,250 $1,350 $1,450
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!