Answer:
The answer is B. share value
Answer:
Variable costs are costs that vary with production. If production rises, the variable cost rises.
Fixed cost are costs that do not vary with production.
The time frame and contracts allows for distinction between fixed and variable cost in the short run.
in the short run, some costs of production cannot be changed for various reasons. Some of the reasons include, supply contract and Labour laws. Due to labour contracts, it might be difficult if not impossible to change wages paid to workers or fire workers. This makes wages fixed in the short run.
Some costs can be varied easily, for example if sales are low, shipping cost would reduce because the amount of orders are smaller.
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Fixed costs include:
advertising expenditures
interest on company-issued bonds
payments for raw materials
Real estate tax
Executive salary
insurance premiums
wage payments
depreciation and obsolescence charges
rental payments on leased office machinery
Variable costs include :
fuel
shipping charges
sales taxes
All costs are variable in the long run because in the long run production decisions which appeared fixed can be changed. For example, Labour contract can end and the firm can decide to adjust or retain the contract in line with the current economic situation. The firm can decide to move to a cheaper location and reduce rental cost.
Explanation:
Flow time is the time or process needed by a plant manager who wants to know how long it takes to manufacture a single unit of a product
<h3>What is Flow time?</h3>
Flow time is the amount or quantity of duration or time a flow unit use all through a business process from beginning to end, it is also called the total processing time. If there is more than a path all through the process, the flow time is equal to the length of the longest path.
To calculate the flow time;
Count the number units produced over an extended period of time.
Learn more on flow time from the link below.
brainly.com/question/15492134
