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dangina [55]
4 years ago
8

Changes in the prices of key commodities can have a significant impact on a company's bottom line. Energy is an input into virtu

ally all types of production; corn is an input into the production of beef, chicken, high­fructose corn syrup, and ethanol (the gasoline substitute fuel). Which of the following correctly describes the cost of energy for a company?
A. The cost of energy for a company is only a fixed cost.
B. The cost of energy for a company can be both a fixed cost and a variable cost.
C. The cost of energy for a company is only a variable cost
Business
1 answer:
andrew11 [14]4 years ago
8 0

Answer:

B)The cost of energy for a company can be both a fixed cost and a variable cost.

Explanation:

Energy is a fixed cost because it is an utility that companies have to pay regardless of the level of production; they need energy to function.

Energy is a variable cost because energy is an input to production, and the amount of energy used (and hence its cost) can vary a lot depending on how much output is produced. In the question, ethanol is referenced, which is also a type of variable cost, because it is an energy source that depends on another input (corn), and its used as a substitue for gasoline.

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What is the total sales-mix variance in terms of the contribution margin?
Karo-lina-s [1.5K]

The total sales-mix variance in terms of the contribution margin is $2,60,000 favorable.

The contribution margin is computed because of the promoting charge per unit, minus the variable fee per unit. Also called dollar contribution consistent with the unit, the degree shows how a particular product contributes to the overall earnings of the company.

Contribution margin, or dollar contribution consistent with the unit, is the promoting charge according to the unit minus the variable value in keeping with the unit. "Contribution" represents the part of income revenue that is not fed on with the aid of variable expenses and so contributes to the insurance of fixed expenses.

The closer a contribution margin percent, or ratio, is to a hundred%, the higher. The higher the ratio, the extra cash is available to cover the enterprise's overhead costs or fixed costs. However, it is much more likely that the contribution margin ratio is properly under 100%, and in all likelihood beneath 50%.

Learn more about contribution margin here brainly.com/question/24039258

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3 0
1 year ago
How does the type of product you’re considering affect your conclusions in the questions above: specifically, does it matter if
soldier1979 [14.2K]

Answer:

the type of product affects the buying conclusions that a person makes

3 0
4 years ago
Contracts are a form of private law because the terms contained within a contract bind the relevant parties, not the public as a
sasho [114]

Answer:

The correct answer is the option A: True.

Explanation:

To begin with, the contracts inside the law are regulated by the Anglo-America common law that defines a contract as the agreement between two or more parties in which they establish the basis and principles of the agreement and the clauses that could cause to end the contract. Moreover, a contract is also part of the civil law and therefore that it does not implicate the public as a whole in any way due to the fact that in order to be a correct contract the parties must accept the bond between only them and nobody else.  

5 0
3 years ago
When Job 117 was completed, direct materials totaled $4,400; direct labor, $5,600; and factory overhead, $2,400. A total of 1,00
DaniilM [7]

Answer:

d.$12.40

Explanation:

The computation of the  per unit cost is shown below:

= Total cost ÷ Number of units produced

where,

Total cost = Direct material cost + Direct labor cost + Factory overhead cost

= $4,400 + $5,600 + $2,400

= $12,400

And, the units produced = 1,000 units

So per unit cost equal to

= $12,400 ÷ 1,000 units

= $12.40

3 0
4 years ago
What is the IRR for a project that costs $100,000 and provides annual cash inflows of $30,000 for 6 years starting one year from
ahrayia [7]

Answer:

A) 19.91%

Explanation:

Net present value of cash flow at 19.91% can be calculated as follows

- 100000 + 30000/1.1991 + 30000/ (1.1991)² + 30000/(1.1991)³ + 30000/ (1.1991)⁴ +30000/(1.1991)⁵ + 30000/ (1.1991)⁶

= -100000 + 25018 +20864 +17400 +14511 +12101 +10092

= 0 ( approx )

So  the IRR for the  project is 19.91 % .

8 0
4 years ago
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