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3 years ago

What is fixed and variable cost?

Business

1 answer:

dedylja [7]3 years ago

7 0

Answer:

Okay, so fixed costs are costs that are consistant in their price (buildings, rent, machinery, etc.). Variable costs are costs that change based on production (wages, materials, utilities, etc.).

Hope this helps :)

Explanation:

Explained above.

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Answer:

Data

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Estimated total amount of allocation base 75,000 machine hours

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= $4

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Actual manufacturing overhead cost $290,000

Manufacturing overhead cost applied to WIP during the year:

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3 years ago

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Answer:

The value of the stock should be 22.5

Explanation:

Step 1. Consider the following formula to calculate the value o f the stock.

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3 years ago

On January 1, 2014, Gene Corp. paid $800,000 for 100,000 shares of Onofine Company's common stock, which represents 30% of Onofi

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Answer:

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Explanation:

The computation of the investment amount is shown below:

= Paid amount + net income - cash dividend paid

where,

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Now put these values to the above formula

So, the value would equal to

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Since 30% represents the ownership, so we calculated the same

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3 years ago

The Blue Bird Bus Company in Georgia sells buses to the South African government. To South Africa, these buses are an example of

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This is an example of exports

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3 years ago

Pierce Company's break-even point is 11,000 units. Its product sells for $26 and has a $11 variable cost per unit. What is the c

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Answer:

The company's total fixed cost amount is $165,000

Explanation:

Break-even point is the level of sales at which the business has no profit no loss position. Business has cover it all the variable and fixed costs at this point after this point contribution made by each unit will be a profit.

Contribution margin per unit = Price per unit - Variable cost per unit = $26 - $11 = $15

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3 years ago