All categories

3 years ago

Which of the following is an example of a mixed cost?

Business

1 answer:

My name is Ann [436]3 years ago

8 0

Answer:

Explanation:

Mixed cost is a cost that consists of both fixed cost and variable cost

Fixed costs are costs that do not vary with output. e.g., rent, mortgage payments, depreciation

Variable costs are costs that vary with production

An example of variable cost is electricity costs of $3 per kilowatt-hour. If the factory is locked down, no electricity cost would be incurred.

The rental costs of $10,000 per month plus $0.30 per machine hour of use consists of both a fixed cost and a variable cost

the fixed cost is 10,000

the variable cost is $0.30 per machine hour

You might be interested in

An insurer hires an advertising agency to create an advertisement for a health insurance policy. The public complains that the w

OLga [1]

Answer:

The insurer shall be held liable

Explanation:

For any published or displayed content which relates to the insurer or it's products, the insurer shall be made liable for any inappropriate content.

In cases wherein the advertisement function has been assigned to an insurance agency, even in such a scenarios, the sole responsibility rests with the insurer and it's their primary responsibility to check upon the content advertised.

Thus, if any inappropriate content or misleading claims are made, it shall be assumed those have been issued by consent of the insurer and the insurer cannot escape this liability.

5 0

3 years ago

Last year, Michelson Manufacturing reported $10,250 of sales, $3,500 of operating costs other than depreciation, and $1,250 of d

svet-max [94.6K]

Answer:

c. -$435.00

The answer and procedures of the exercise are attached in a microsoft excel document.

Explanation:

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

6 0

3 years ago

The strategy in a mature industry to invest in infrastructure that would be cost-prohibitive for new entrants to deter new compe

kozerog [31]

Answer: Option D

Explanation: In simple words, technology upgrading refers to the process in which a firm intensely changes the level of technology it is using for its operations. In such a process the organisation implements a more advanced technology so that it can enhance the operational activities within.

Technology up gradation is a necessity in today's competitive business environment but if implemented in a right way it can give an organisation a strong competitive advantage which will open new doors to success.

For example automobile industries upgraded their technology to a higher level which made the operation at such a high scale that it became an oligopoly industry.

An oligopoly industry is the one in which there are few firms operating at a high scale with difficulty in entry due to heavy investments.

7 0

3 years ago

It is unwise to take a questionnaire designed for online administration and simply let the questionnaire design system present i

igor_vitrenko [27]

The given statement " It is unwise to take a questionnaire designed for online administration and simply let the questionnaire design system present it in mobile device form " is TRUE

Explanation:

A survey is a research tool consisting of a series of questions (or other types of inquiries) to collect data from respondents.

In 1838, the Statistical Society of London invented the questionnaire. Even if questionnaires are often used to evaluate the answers objectively, this is not always the case.

Smartphone System Model Surveys. Launch Fresh. Five minutes is the average time usage communicates with a mobile app, so mobile studies are relevant in a period of 8 to 10 minutes.

6 0

4 years ago

Tax incidence is the A. burden sellers have to absorb from a tax on goods and services. B. deadweight loss created by a tax. C.

dybincka [34]

Answer:

E. Division of the burden of a tax between the buyer and the seller

Explanation:

Tax incidence is an economic term for the division of a tax burden between buyers and sellers. Tax incidence is related to the price elasticity of supply and demand. When supply is more elastic than demand, the tax burden falls on the buyers. If demand is more elastic than supply, producers will bear the cost of the tax.

3 0

3 years ago