Variable cost refers to the costs of production that fluctuate depending on the number of units produced.
<h3><u>
Explanation:</u></h3>
The cost of any product that changes based on the quantity of goods that are produced. The volume that is produced decides the fluctuations in the variable cost. Fixed cost is the cost that will not change based on the number of units of the goods that is produced. Rent of a building can be considered as a fixed cost.
Example for variable cost may be raw materials cost, packaging cost,etc. Variable cost can be calculated by adding up the cost of labor and raw materials that are used in the production of one unit of a good. The total variable cost can be calculated by multiplying variable cost per unit with the number of units produced.
<span>This part is the unparalleled individual in charge of dealing with the Item Excess and guaranteeing the estimation of the work the improvement group performs. The Item Proprietor has the obligation of characterizing what is the correct item to construct, deciding the request in which highlights will be manufactured, and ensuring that the item really works. The Item Proprietor is in charge of characterizing the highlights of the item to be produced by the group as far as:
Usefulness: Recognizes every item prerequisite as an Item Excess Thing and supplies points of interest for those necessities when they are required by the group, including indicating the acknowledgment tests for every necessity
Need: Characterizes the request in which those build-up things will be created, as indicated by the esteem that they convey to Clients and clients, which furnishes the group with an Item Accumulation prepared for Dash/Cycle arranging
Objective: Characterizes the discharge objectives and settles on choices concerning discharge arranging
The Item Proprietor has the accompanying duties:
Characterize the highlights of the item
Settle on discharge date and substance
In charge of the productivity of the item (return for money invested)
Organize highlights as per advertise esteem
Modify highlights and needs as required
Acknowledge or reject work comes about
This individual keeps up the Item Excess and guarantees that it is noticeable to everybody. Everybody comprehends what things have the most noteworthy need, so everybody on the advancement Group realizes what will be taken a shot at.
The Item Proprietor is one individual, not a board. Boards of trustees may exist that prompt or impact this individual yet colleagues who need to change a thing's need should first persuade the Item Proprietor. Along these lines, hierarchical techniques for setting needs and necessities are affected after some time by this part.
For the Item Proprietor to succeed, everybody in the association must regard their choices. Nobody is permitted to guide the advancement colleague to work from an alternate arrangement of needs. Colleagues are not permitted to take after the course of anybody whose heading does not concur with the bearing gave by the Item Proprietor. The Item Proprietor's choices are unmistakable in the substance and prioritization of the Item Excess. This perceivability requires that the Item Proprietor give a valiant effort. Perceivability makes the part of Item Proprietor both a requesting and a compensating background.
The Item Proprietor is in charge of the first of the three Scrum services, Dash/Emphasis Arranging. The advancement group assesses the organized Item Overabundance, recognizes the best need things, and focuses on finishing the chose things amid a Run/Emphasis. These things turn into the reason for the Dash/Cycle Build-up.
As an end-result of the advancement group's responsibility regarding finishing the chose undertakings, the Item Proprietor submits that they won't acquaint new necessities with the group amid the Run/Emphasis. Prerequisites are permitted to change however just outside the Run/Cycle. After the group starts a Dash/Cycle, it stays concentrated on the objectives of that Run/Emphasis. The main exemption to this decide is that a comparable measure of work can be expelled from a Run/Emphasis to suit another prerequisite.</span>
Answer:
total taxable income = $73,000
tax liability = $7,505
Explanation:
Clarice's ordinary income $30,000
Clarice's capital gains:
- selling of stock = $34,000 - $16,000 = $18,000
- selling of coin collection = $55,000 - $30,000 = $25,000
- total long term capital gains = $43,000
Clarice's taxable income = $73,000
Clarice's ordinary income tax rate 2011:
ordinary income = $30,000 - standard deduction $5,800 = $24,200
- 10% on taxable income from $0 to $8,500 = $850
- 15% on taxable income over $8,500 to $34,500 = $2,355
ordinary income taxes = $3,205
Clarice's capital gains tax rate 2011 = 10%
capital gains taxes = $43,000 x 10% = $4,300
total tax liability = $7,505
Answer: The correct answer is b.$3,050.
Explanation: Clever Computers has a five-day workweek and pays $3,050 each week. The payment will only occur at the end of the workweek when the staff have earned the wages. However, the month ended on Thursday, meaning that the staff have only worked for four-day workweek. They have therefore earned $2,440 (4/5*$3,050) at the end of the month but that payment is not due because the 5-day workweek has not been completed. The complete journals the company would raise would be Debit Wages (overhead) $2,440, Debit Wages receivable $610 and Cr Wages payable $3,050.
When it is next month after the five-day workweek has been completed, the company would Dr Wages Payable $3,050 and Credit Cash $3,050 to make the payment.
