marks = ________ % Grade: Question I: Identification: Fill in the blanks the correct answer. You are having a dress shop‚ indicate the proper classification of cost behavior whether it is VARIABLE or FIXED for each of the following items below: |Cost Element |Cost Behavior | |Material used to make shirts |
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Waterways Continuing Problem 1 Waterways Continuing Problem WCP1 Waterways Corporation is a private corporation formed for the purpose of providing the products and the services needed to irrigate farms‚ parks‚ commercial projects‚ and private homes. It has a centrally located factory in a U.S. city that manufactures the products it markets to retail outlets across the nation. It also maintains a division that provides installation and warranty servicing in six metropolitan areas. The mission
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ESSAY #1 We make snap judgments everyday whether we know it or not. It all depends on if you realize it or not. These snap judgments might get us into situation we never think we would get into before. Everyone needs to be aware of what he or she say and act before they know the whole story. I know I make snap judgments everyday‚ depends on if I meant to do it or not. I have been in a few situations where my snap judgment has got me in trouble. I had to make a snap judgment when I was up north
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1- the greater fixed costs? 2- The greater variable cost rate? 3-The greater per unit revenue? 1- B 2- B 3- A b. Which provider ha the greater contribution margin? B c. Which provider needs the higher volume to break even? A d. How would the graphs below change if the providers were operating in a discounted fee-for-service environment? In a capitated environment Revenue and Costs ($) Total Costs Loss
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The SNAP benefits should become harder to receive for U.S citizens. These welfare programs are provided for an extra financial boost for low-income families. Some of these families are not even trying to take care of their needs‚ but instead worrying about their physical appearance. In addition‚ these families that I see utilizing their benefits are usually wearing expensive brands such as Michael Kors‚ Rock Revival‚ and Versace. Not all‚ but most who are receiving these benefits spend their payroll
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fixed costs‚ semi-fixed costs‚ and variable costs. Fixed costs are those which do not change with the level of activity within the relevant range. These costs will incur even if no units are produced. For example rent expense‚ straight-line depreciation expense‚ etc. Fixed costs are those which do not change with the level of activity within the relevant range. These costs will incur even if no units are produced. For example rent expense‚ straight-line depreciation expense‚ etc. Mixed costs or semi-variable
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The average variable cost (AVC) in the short run and long run is ‘U’ shaped. Average variable cost is the total variable cost per unit of output‚ found by dividing total variable cost by the quantity of output. Thus if a firm produces X2 units of a commodity at a total variable cost of TVx2 the AVC of producing these two units of output is given as Average variable cost decreases with additional production at relatively small quantities of output and then eventually increases with relatively
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SNAP‚ the Supplemental Nutrition Assistance Program‚ is a government assistance program to help low-income households pay for food. SNAP used to be called the Food Stamp program. The federal government changed the name of the program on October 1‚ 2008. SNAP is a modern program that uses EBT cards instead of old style paper food stamp coupons. The amount of SNAP food stamps a household gets depends on the household’s size‚ income‚ and expenses. The first food stamp program was established by virtue
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Assignment: Fixed and Variable Costs‚ Break-Even Point Exercise 10.1 Recompute fixed costs‚ variable costs‚ and the BEP. What are the variable costs? What are the fixed costs? How many meals will the WHDM program need to provide during the fiscal year to reach the BEP? How much profit will the program earn if it completes its 45‚000-meal contract with the City of Westchester? The variable cost of service is $3.93 during the fiscal year the WHDM should provide 1‚011 meals to reach their
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fixed costs into variable costs When you outsource you only pay for the products that you use. Instead of have fixed cost of stuff that aren’t being used to produce anything but still require you to produce them in order to be ready for your production process. Example when Ford own a steel mil it had the fix cost of the steel mil now that they don’t produce steel the they have the variable cost of buy steel when they need it. Need a little more about what are fixed vs. variable costs E. Commercially
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