All categories

2 years ago

Cost of goods sold for a merchandising company, direct materials and commissions are all examples of

1 answer:

8 0

For a merchandising company, the cost of goods sold, direct materials, and commissions are <u>variable costs</u>.

<h3>What is a variable cost?</h3>

A variable cost is the cost element that remains constant per unit while the total changes. Other examples of variable costs include direct labor, variable selling and administrative expenses, including commissions and shipping costs.

Thus, for a merchandising company, the cost of goods sold, direct materials, and commissions are all examples of <u>variable costs</u>.

Learn more about variable costs here: brainly.com/question/5965421

You might be interested in

If a country's GDP decreases, but its debt increases during that year, then the country's debt to GDP ratio for the year will __

lord [1]

Answer:

Increase

Explanation:

Let us assume that GDP was $50 trillion and debt was $5 trillkon in 2018 and GDP fell to $45 trillion in 2019 and debt increased to $15 trillion. The debt to GDP ratio in 2018 is $0.1 trillion and in 2019 it is 0.3. The debt to equity ratio increased.

6 0

3 years ago

What is scarcity? I need to know

frozen [14]

Answer:

being in short supply of something

7 0

2 years ago

Read 2 more answers

Scrapper Elevator Company has 20 sales representatives who sell its product throughout the United States and Canada. The number

dezoksy [38]

The mean ls the average of a distribution obtained by taking the ratio of the sum and the frequency. The mean and standard deviation values of the distribution are 3.30 and 1.26 respectively.

We know,

Mean, μ = ΣX/ n

Standard deviation = √variance

To calculate mean and variance :-

X = 2,3,2,3,3,4,2,4,3,2,2,7,3,4,5,3,3,3,3,5

ΣX = sum of X = 66

n = sample size = 20

As, Mean = sum of x / sample size

66 / 20 = 3.3

Mean = 3.3

The variance = [Σ(X - μ)²] ÷ (n - 1)

Variance = [Σ(X - μ)²] ÷ (n - 1)

= (30.2) / 19 = 1.589

The standard deviation = √variance

= √1.589

= 1.26

Standard deviation = 1.26

Therefore,

The mean and standard deviation values are 3.3 and 1.26.

To know more about mean and standard deviation, click the links.

brainly.com/question/475676

brainly.com/question/4514629

#SPJ4

Correct Question - Scrapper Elevator Company has 20 sales representatives who sell its product throughout the United States and Canada. The number of units sold last month by each representative is listed below. Assume these sales figures to be the population values. 2,3,2,3,3,4,2,4,3,2,2,7,3,4,5,3,3,3,3,51. Compute the mean of the population.2. Compute the standard deviation.3. what would be the mean of the sample means?4. what would be the standard deviation of the sample means?

3 0

1 year ago

To increase productivity, your project team has completed the task to develop potential ideas for approval by senior management.

oksian1 [2.3K]

Answer and Explanation:

A lot of the information and suggestions in this section assume a staff of at least five or six members, which is the number at which sustaining internal communication can become particularly difficult. This is not meant to imply that smaller organizations don't have internal communication needs, or that the need for good internal communication is any less in an organization with three staff members than in one with 30. If your staff is larger than one, internal communication is an issue that you can't afford to ignore. Most of the material that follows is relevant to small organizations as well as large ones. This section will help you establish an atmosphere and set up systems that will lead to good internal communication and to the effectiveness of your organization.

7 0

2 years ago

At BCD car wash, when a customer arrives, he or she first checks in with a receptionist and then leaves the car to one of severa

Dimas [21]

Answer:

10 minutes

Explanation:

Data provided in the question

Reception taking time = 3 minutes

Car wash taking time = 5 minutes

Paying the cash register taking time = 4 minutes

Returning to car and leaving taking time = 2 minutes

So, the theoretical flow time in minutes is

= Reception taking time + maximum time of car wash and paying the cash register + returning to car and leaving taking time

= 3 minutes + 5 minutes + 2 minutes

= 10 minutes

5 0

2 years ago