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3 years ago

Fixed costs can be defined as costs that:_______

Business

1 answer:

vekshin13 years ago

3 0

Answer:

d. are incurred even if nothing is produced.

Explanation:

The fixed cost is the cost which remains the same in the case when the production level is increased or decreased or same

Also if nothing is produced still the fixed cost is incurred

Like: rent, depreciation etc

This would remain the fixed . And also cannot be avoided

Therefore the correct option is d.

And other options are wrong

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What is the term for malleolus

Basile [38]

Answer:a bony projection with a shape likened to a hammer head, especially each of those on either side of the ankle.

Explanation:a bony projection with a shape likened to a hammer head, especially each of those on either side of the ankle.

7 0

3 years ago

Which of the following can increase your credit card's APR?

vekshin1

B) missing a credit card payment

When you miss a credit card payment, not only will your credit score go down, but your credit card company will charge you more which will increase your APR

5 0

3 years ago

Read 2 more answers

David is trying to decide if it makes sense to outsource the purchasing function. He has a chain of 12 restaurants and employs t

Harrizon [31]

Answer and Explanation:

The computation is shown below;

a) The In-house purchasing cost last year is

= Fixed costs + Variable costs

=$85,000 + Total number of purchase orders × cost per order

= $85,000 + 1400 × 15

= $106,000

The outsourcing cost is

Outsourcing cost = Fixed costs +Variable costs

= $100,000 + Total number of purchase orders × cost per order

= $100,000 + 1400 × 5

= $107,000

c) Total number of purchase orders = 1600

In-house purchasing cost = 85,000 + 1600 × $15 = $109000

Outsourcing cost = $100,000 + 1600 × $5 = $108000

Yes, David should outsource as the outsourcing cost is less than the in-house purchasing cost.

6 0

3 years ago

Bill is a single taxpayer and is 38 years of age. In 2018, his salary is $28,000 and he has interest income of $1,500. In additi

butalik [34]

Answer:

a. $29,500

b. $28,100

c. $12,000

d. $16,100

Explanation:

The computation is shown below:

a. Gross income

= Salary + interest income

= $28,000 + $1,500

= $29,500

b. Adjusted gross income

= Gross income - deductions for adjusted gross income

= 29,500 - $1,400

= $28,100

c. The standard deduction or itemized deduction for the year 2018 is $12,000

d. Taxable income

= Adjusted gross income - standardized deductions

= $28,100 - $12,000

= $16,100

8 0

3 years ago

Contribution Margin Concepts The following information is taken from the 2017 records of Hendrix's Guitar Center. Fixed Variable

makvit [3.9K]

Answer and Explanation:

a. The computation of the contribution margin ratio and annual break even dollar sales volume is shown below:

Total sales $2,250,000

Less: Variable cost:

Goods sold -$1,012,500

Labor -$180,000

Supplies -$15,000

Utilities -$39,000

Advertising -$73,500

Miscelloneous -$30,000

Total variable cost ($1,350,000)

So, Contribution margin ratio $900,000

Now

Contribution margin ratio is

= contribution margin ÷ sales

= $900,000 ÷ $2,250,000

= 40%

And,

Annual breakeven dollars in sales volume is

= Fixed cost ÷ contribution margin ratio

= $630,000 ÷ 40%

= $1,575,000

b. Now the margin of safety in dollars is

= Current sales level - Break even sales level

= $2,250,000 - $1,575,000

= $675,000

d. Now the annual break even in dollars is

= Total fixed cost ÷ contribution margin

= ($630,000 + $100,000) ÷ 40%

= $730,000 ÷ 40%

= $1,825,000

We simply applied the above formulas

7 0

4 years ago