Answer:
<em>(A) Unit variable costs fluctuate and unit fixed costs remain constant.</em>
Explanation:
The <em>fixed costs</em> are the costs which have to be incurred always, irrespective of what the output produced is by the firm. For instance, a firm always has to charge depreciation on its fixed assets, pay salary to the premises staff and pay fixed salary to the managers for managing etc, irrespective of whatever output it produces.
<em>Variable costs</em> are the costs which vary with the level of output produced activity. For example, if more output is produced more will be the raw material payments, more will be the manufacturing related other expenses and more will be the wages paid to the labour etc and vice-versa.
Hence, thereby the per <em>unit variable costs fluctuate and unit fixed costs remain constant.</em>
Answer:
The cash budget is the appropriate answer
Explanation:
When the budgeted direct materials as well as the required budgeted labor hours are ascertained, the step needs to be taken further in order to know how the costs budgeted fit into overall cash situation of the business.
The suppliers of direct materials would have given the company the maximum number of days that expect cash , in order to meet up with such deadline the company must plan ahead by incorporating the values of such purchases into cash flow projections, the same also applies to cost of direct labor.
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Taxpayers can use various services that are offered through Volunteer Tax Assistance(VITA) and Tax Counseling for the Eldery(TCE) Programs for Paying there taxes.
Explanation:
The most Basic Component of preparing an accurate /appropriate tax return by a certified volunteer begins by
- First,explaining the Tax preparation process to the Tax payer.
- Secondly,Completing all the questions on F 13614-C
- Thirdly ,paying attention to the tax payers queries and asking the right questions
The answer for the above mentioned question is (A) the certified volunteer should make sure all questions on Form 13614-C are answered before starting the tax return.
