A company pays it's workers 20$ a day .Is it a fixed cost or variable cost ??
1 answer:
Answer:
Examples of variable costs are sales commissions, direct costs, cost of materials used in production, and utility costs. ૮(0w0)
Explanation:
Fixed costs remain the same, whether production increases or decreases. Wages paid to workers for their regular hours are a fixed cost. Any extra time they spend on the job is a variable cost. In a factory that makes dresses, the variable costs are the fabric and the used to make the dresses.
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Answer:
500 runs
Explanation:
In this question, we are asked to calculate the optimal number of production runs the company should make each year.
Please check attachment for complete solution and step by step explanation
