Based on the definition of fixed cost, list costs in the main office that are not...
Based on the definition of fixed cost, list costs in the main office that are not really fixed, and field office costs that are fixed
Homework Answers
Fixed costs are those costs which are constant and they do not change due to change in the sales volume or sales units.
Below costs are not really fixed costs:
Direct Materials
Direct Labor
Supplies Expenses
Sales Commissions
Manufacturing costs which will change due to change in the sales volume or sales units
Selling and Commission Expenses which will change due to change in the sales volume or sales units etc.
These are the costs which are not really fixed costs and these costs are called Variable Costs which always change due to change in the sales volume.
Below costs are fixed costs:
Rent Expense
Salaries Expense
Depreciation Expense
Property Expense
Other expenses which do not change due to change in the sales volume or units etc.
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Based on the definition of fixed cost, list costs in the main
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1) What are the fixed costs of this business? 2) What are the variable costs? 3)...
1) What are the fixed costs of this business?
2) What are the variable costs?
3) Develop a monthly total cost function for this business of
the form:
C(x) = Vx + F
Where C(x) represents the total cost for the month to produce x
tons of feed, V represents the variable costs per ton of feed
produced based on monthly averages, and F is the total of all
average monthly fixed costs.
4) Use Desmos to graph the monthly...
tempo company’s fixed budget based of 12000 units Tempo Company's fixed budget (based on sales of...
tempo company’s fixed budget based of 12000 units
Tempo Company's fixed budget (based on sales of 12,000 units) for the first quarter of calendar year 2017 reveals the following! Fixed Budget $2.460.000 $275,000 516,000 324,000 76,000 1, 192,000 1.268,000 Sales (12,000 units) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative expenses Administrative salaries Depreciation office equip. Insurance office rent Income from operations 84,000 180,000 100,000 354.000...
the drop down list has contribution margin contribution margin income statement contribution margin ratio fixed cost...
the
drop down list has
contribution margin
contribution margin income statement
contribution margin ratio
fixed cost
full absorption costing
linearity assumption
mixed cost
relevent range
scattergraph
step variable cost
unit contribution margin
variable cost
variable costing
none of these is correct
some terms may repeat
Check my work Match each definition with its related term by selecting the appropriate term in the dropdown provided. (Select "None of these are correct" if there is no term for the "Definition".) 0.3 points...
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Units:
Contribution Margin
Fixed Costs
Operating Income
Sales Revenue
Variable Costs
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Based on predicted production of 24,000 units, a company anticipates $300,000 of fixed costs and $246,000...
Based on predicted production of 24,000 units, a company anticipates $300,000 of fixed costs and $246,000 of variable costs. If the company actually produces 20,000 units, what are the flexible budget amounts of fixed and variable costs? ------Flexible Budget at ------ ------Flexible Budget------ Variable Total Fixed Amount per Cost Unit 24,000 units 20,000 units Fixed costs Variable cost Total budgeted costs $ 0 $ 0
1) What are the fixed costs of this business?
2) What are the variable costs?
3) Develop a monthly total cost function for this business of
the form:
C(x) = Vx + F
Where C(x) represents the total cost for the month to produce x
tons of feed, V represents the variable costs per ton of feed
produced based on monthly averages, and F is the total of all
average monthly fixed costs.
4) Use Desmos to graph the monthly...
tempo company’s fixed budget based of 12000 units
Tempo Company's fixed budget (based on sales of 12,000 units) for the first quarter of calendar year 2017 reveals the following! Fixed Budget $2.460.000 $275,000 516,000 324,000 76,000 1, 192,000 1.268,000 Sales (12,000 units) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative expenses Administrative salaries Depreciation office equip. Insurance office rent Income from operations 84,000 180,000 100,000 354.000...
the
drop down list has
contribution margin
contribution margin income statement
contribution margin ratio
fixed cost
full absorption costing
linearity assumption
mixed cost
relevent range
scattergraph
step variable cost
unit contribution margin
variable cost
variable costing
none of these is correct
some terms may repeat
Check my work Match each definition with its related term by selecting the appropriate term in the dropdown provided. (Select "None of these are correct" if there is no term for the "Definition".) 0.3 points...
Units:
Contribution Margin
Fixed Costs
Operating Income
Sales Revenue
Variable Costs
SafeNow sells its main product, ergonomic mouse pads, for $13 each. Its variable cost is $5.10 per pad. Fixed costs are $205,000 per month for volumes up to 65,000 pads. Above 65,000 pads, monthly fixed costs are $260,000. Prepare a monthly flexible budget for the product, showing sales revenue, variable costs, fixed costs, and operating income for volume levels of 40,000, 45,000, and 75,000 pads. SafeNow Flexible Budget Budget...
Based on predicted production of 24,000 units, a company anticipates $300,000 of fixed costs and $246,000 of variable costs. If the company actually produces 20,000 units, what are the flexible budget amounts of fixed and variable costs? ------Flexible Budget at ------ ------Flexible Budget------ Variable Total Fixed Amount per Cost Unit 24,000 units 20,000 units Fixed costs Variable cost Total budgeted costs $ 0 $ 0
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