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svlad2 [7]
2 years ago
8

What is a product mix ?

Business
2 answers:
siniylev [52]2 years ago
7 0
Full set of products
densk [106]2 years ago
5 0

Answer:

A product mix ie a complete set of products and or services from a firm.

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Oscars opportunity cost for buying the business is 50,000
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For each of the following costs incurred in a manufacturing firm, indicate whether the costs are most likely fixed (F) or variab
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Answer:

a. Depreciation on the building for administrative staff offices. (F) (P)

b. Cafeteria costs for the factory. (F) (M)

c. Overtime pay for assembly workers. (V) (M)

d. Transportation-in costs on materials purchased (V) (M)

e. Salaries of top executives in the company. (F) (P)

f. Sales commissions for sales personnel (V) (P)

g. Assembly line workers' wages (V) (M)

h. Controller's office rental. (F) (P)

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Explanation:

Fixed Cost (F): Fixed cost is cost which is fixed and does not vary on the basis of production.

Variable Cost (V): Variable cost is cost which is not fixed and varies on the basis of production i.e. with the change in production, it also changes.

Product Cost (M): Product cost is a direct cost which is attributable directly in the creation of the product such as Direct Material, Direct Labour, etc.

Period Cost (P): A period cost is associated with the passage of time and is not included in the product cost, and is treated as an expense.

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3 years ago
Credit cards can help When paid off on time regularly
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Answer:

good to know.

Explanation:

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The following information is available for the first year of operations of Creston Inc., a manufacturer of fabricating equipment
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Answer:

(a) $921,100

(b) $643,500

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Explanation:

(a) Cost of goods sold:

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= $921,100

(b) Direct Material Cost:

= Materials purchased - Indirect materials - Materials inventory

= $643,500 - $46,700 - $46,700

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(c) Direct labor cost:

= Total manufacturing costs for the period - Direct materials - factory overhead (Indirect labor + Indirect materials + Other factory overhead)

= $1,393,000 - $643,500 - $181,800

= $567,700

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3 years ago
Why might an investor want to invest in the stock market?
PtichkaEL [24]
Supply getting bought more n more
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