As the output is increased or decreased, these (B) fixed costs remain unchanged.
<h3>
What are fixed costs?</h3>
- Fixed costs, also known as indirect costs or overhead costs in accounting and economics, are corporate expenses that are independent of the volume of goods or services generated by the business.
- They are usually recurrent, such as monthly interest or rent.
- These expenses are frequently capital expenses.
<h3>Explanation -</h3>
- Dependent refers to a variable that changes when other factors change.
- Fixed cost refers to a cost that doesn't change when the number of goods produced increases or decreases.
- Opportunity cost refers to the benefit that you would have received from the option that was not chosen.
- Marginal cost refers to the change in the cost when you produce an additional unit.
- According to this definition and as the statement refers to a cost that doesn't change.
Therefore, as the output is increased or decreased, these (B) fixed costs remain unchanged.
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Complete question:
If a company rents a warehouse, it must pay rent for the warehouse whether it is full of inventory or completely vacant. Other examples include executives' salaries, interest expenses, depreciation, and insurance expenses. As the output is increased or decreased, these _______ costs remain unchanged.
a. dependent
b. fixed
c. opportunity
d. marginal
Answer:
400,000
Explanation:
7% of what number = 28,000
(0.07)(X) = 28,000
X = 400,000
(which is less than 700,000. But that makes sense because not everyone living in Michael's city is necessarily part of the labor force. Some could be kids in school, others grandparents who have retired, others people who stay at home and don't work.)
Answer:
Effect on income= $15,000 increase
Explanation:
Giving the following information:
A business received an offer from an exporter for 10,000 units for $13.50 per unit.
Unit manufacturing costs:
Variable 12
<u>Because it is a special offer and there is unused capacity, we will not take into account the fixed costs.</u>
Effect on income= number of units*unitary contribution margin
Effect on income= 10,000*(13.5 - 12)
Effect on income= $15,000 increase
Answer:
the standard price per gallon is $5.25
Explanation:
the computation of the standard price per gallon is given below;
Materials Price Variance = Actual Quantity × (Standard Price - Actual Price)
$90,000 = 40,000 × (Standard Price - $3)
$2.25 = Standard Price - $3
Standard Price = $5.25
Hence, the standard price per gallon is $5.25
The same should be considered
Answer:
D
Explanation:
Food. Because you can get a Burger for a dollar..