All categories

3 years ago

Choose a real or made up company abd desvribe at least 3 variable costs the company has.

Business

2 answers:

puteri [66]3 years ago

4 0

Answer:

The three main variable costs of any company are:

Raw materials or components that are proportional to the number of units produced. For example, if you need 2 pounds of materials to produce 1 unit of good X and you produce 100 units, your total materials will be 200 pounds.

Direct labor which is proportional to the number of hours worked. For example, if you need 0.5 hours of labor to produce 1 unit of good X and you produce 100 units, your total direct labor will be 50 hours.

Sales commissions which are paid as a percentage of total sales closed by your salesforce. For example, each salesperson earns $10 per unit of good X sold, and 100 units are sold, the salesperson will earn $1,000.

ExtremeBDS [4]3 years ago

4 0

Answer:

Dominos is a company that has many variable costs. Some examples include flour, cheese, and tomatoes.

Explanation:

You might be interested in

Quality assurance in the dental office is a way of ensuring that everything possible is being done to produce high-quality diagn

garri49 [273]

Quality assurance in the dental office is a way of ensuring that everything possible is being done to produce high-quality diagnostic images and includes quality control administration procedures and control tests.

<h3>What is quality assurance?</h3>

These are the activities that ensure thorough checks are carried out in a system so that the requirements and objectives for a product or service will be accomplished.

In other words, it is the method which prevents or protect the mistakes and the defects in the products which are manufactured and avoid the problem when the product or service is delivered to the customer.

Learn more about quality assurance here: brainly.com/question/13876752

#SPJ1

5 0

1 year ago

The following information is available for Montrose Company at December 31: Cash in bank account $ 8,540 Petty cash $ 250 Short-

navik [9.2K]

Answer:

Cash $10,430

Cash equivalents $20,400

Explanation:

Calculation to determine the amount reported as CASH on December 31

Using this formula

Cash = Cash in bank + Petty cash + Check from customer + money order

Let plug in the formula

Cash = $8,540 + $250 + $1,350 + $290

Cash = $10,430

Calculation to determine the amount reported as CASH EQUIVALENTS on December 31

Using this formula

Cash equivalents = Money market fund + Treasury bills

Let plug in the formula

Cash equivalents=$10,400+$10,000

Cash equivalents= $20,400

Therefore the amount reported as Cash and Cash Equivalents on December 31 are:

Cash $10,430

Cash equivalents $20,400

7 0

3 years ago

A municipal bond carries a coupon rate of 4.25% and is trading at par. What would be the equivalent taxable yield of this bond t

max2010maxim [7]

Answer and Explanation:

Municipal bond rate = Taxed bond rate × (1-Tax rate)

4.25 = Taxed bond rate × ( 1 - 0.35)

Taxed bond rate = 6.54

4 0

2 years ago

The amount of profit you receive from your investment is usually measured as a

Yanka [14]

Answer:

D. All of the above

Explanation:

Return on investment (or ROI) can be measure as the the percentage of profit on investment, which is the same as the amount of money you earn from certain investment, as a percentage of this investment, which can be also expressed as rate of return.
As an example, if you invest in a cafe business $40,000 and at the end of the period you earn $6,000 after paying all the costs, the rate of return is $\frac{6,000}{40,000}=0.15=15\%$ .

5 0

3 years ago

A software company that installs systems for inventory control using RFID technology spent $760,000 per year for the past 3 year

IgorC [24]

Answer:

$2,096,924.50

Explanation:

Present value of an investment and cash inflows is measured at present time means year 0. Gradient is also valued at present time.

$760,000 each year at 9% for next 3 years is annuity payment and its Present value can be calculated as follow

PV of Annuity = P + P x ( 1 - ( 1 + r )^-(n-1) / r

Where

P = $760,000

r = 9%

n = 3 years

Placing values in the formula

PV of Annuity = $760,000 + $760,000 x ( 1 - ( 1 + 9% )^-(3-1) / 9%

PV of Annuity = $760,000 + $760,000 x 1.759111

PV of Annuity = $760,000 + $1,336,924.50

PV of Annuity = $2,096,924.50

5 0

2 years ago