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2 years ago

A company pays it's workers 20$ a day .Is it a fixed cost or variable cost ??

Business

1 answer:

vitfil [10]2 years ago

3 0

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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By how much will the total money supply change if the federal reserve changes the amount of reserves by -50 million?

Vlad [161]

You go to Starbucks and see the price of a tall latte quoted as $3.00. You buy the latte and pay with $3.00 cash. In the first instance money serves as ___________ while in the second instance money serves as ___________.a unit of account; a medium of exchange

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2 years ago

What are the three major flows in the economy?

sweet-ann [11.9K]

Answer:

Production, consumption and exchange are the three main activities of the economy. Consumption and production are flows which operate simultaneously and are interrelated and interdependent

Explanation:

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2 years ago

World Company expects to operate at 80% of its productive capacity of 50,000 units per month. At this planned level, the company

slega [8]

Answer:

Following are the solution to this question:

Explanation:

Please find the complete question in the attachment file.

Applied to fixed overhead

Overhead fixed by DL hr. $=\frac{50000}{25000}\ \ \ \ \ \ \ \ \ \ \ =2$

DL hours standard $=35000 \times \frac{25000}{50000 \times 80\%} \ \ \ \ \ \ \ \ \ \ \ \ =21875$

Application of fixed overhead $= 21875 \times 2.0 \ \ \ \ \ \ \ \ \ \ = 43750$

Variance in volume

Application of total fixed overhead $= \$43,750$

Fixed total estimates Superfast $=\$50,000$

Variance of volume $= \$6,250$

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2 years ago

Steak Company acquired a building valued at $170,000 for property tax purposes in exchange for 10,000 shares of its $5 par commo

Yuliya22 [10]

Answer:

$160,000

Explanation:

Data provided in the question:

Value of the building acquired = $170,000

Number of shares exchanged = 10,000

Selling price of the stocks = $16 per share

Now,

The amount for which the building will be recorded by Steak Company is the market value of the shares that has been exchanges to acquire the building.

Therefore,

The amount for which the building will be recorded by Steak Company

= Number of shares exchanged × Selling price of the stocks

= 10,000 × $16

= $160,000

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3 years ago

7 pounds of raw material are required to make 1 finished unit. The company desires an ending raw materials inventory for each mo

timurjin [86]

Answer:

Instructions are below.

Explanation:

We weren't provided with enough information to answer the request. But, I will give an example and formulas to guide an answer.

For example:

Production in units:

May=20,000

June= 22,000

Beginning inventory of direct materials= 8,000

To calculate the purchase for May, we need to use the following formula:

Purchases= production + desired ending inventory - beginning inventory

Purchases= 20,000*7 + (22,000*7)*0.29 - 8,000

Purchases= 176,660 pounds

7 0

2 years ago

A company pays it's workers 20$ a day .Is it a fixed cost or variable cost ??​

A company pays it's workers 20$ a day .Is it a fixed cost or variable cost ??