Which of the Following Is an Example of Variable Costs

Select 3 answers Hourly employees The shampoo used to groom pets The yarn used to make a scarf. MEANING OF VARIABLE COST Variable cost is the expenditure that increase or decrease over.

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Raw materials costs.

. Example of Variable Costs. C Amortization of factory facilities. Surgical supplies used in a hospitals operating room.

C total variable costs. Expert answeredemdjay23Points 227916 Log in for more information. The maintenance cost included in this flexible budget for the current month is.

The salary of the company president c. Asked Jun 18 2016 in Business by Flex_Flux. Rent of an office spacee.

The maximum price the government allows sellers to charge for a product B. A Insurance on the headquarters building. Conversely a high proportion of fixed costs requires that a business maintain a high sales level in order to stay in business.

The following are common examples of variable costs. 064 for machine hourThe current months budget is based on 20000 hours of planned machine time. Here are a number of examples of variable costs all in a production setting.

All of the above are variable costs. For example the raw materials used as components of a product are considered variable costs because this type of expense typically fluctuates based on the number of units produced. Direct materials is considered the most purely variable cost of all these are the raw materials that go into a product.

D total fixed costs 8 One of the assumptions of cost-volume-profit CVP analysis is that there are no changes in the _____. Interest on a loan C. A insurance premiums B real estate taxes C unit-based incentives D inventory E mortgage payments.

B cost of goods sold. A net sales revenue. Which of the following is an example of a variable cost.

Which of the following is an example of a variable cost. D margin of safety 7 Contribution margin ratio is the ratio of contribution margin to _____. Depreciation on the factory building.

To illustrate the concept see the table below. Which one of the following is a variable cost. Hourly labor is an example of a variable cost.

Cost of Goods Sold. Insurance premium for fire insurance on the factory building b. It costs 5 in raw materials and 20 in direct labor to bake one cake.

Which of the following are examples of variable costs. Rent for use of a storage warehouse e. The answer is d.

Rent for the building O d. Which of the following is an example of a cost that is variable with respect to the number of units produced and sold. Variable Cost per Unit.

Costs of ingredients to make pizza O c. The wages of part-time workers who are paid 8 per hour. Answered Jun 18 2016 by.

Rent for an office Weegy. These can be contrasted with fixed costs that arent easy to scale back in response to business conditions. The yarn used to make a scarfd.

Total cost in the short run is classified into fixed costs and variable costs. Which of the following is an example of a variable cost. Which of the following are examples of fixed costs.

Variable cost is a production expense that increases or decreases depending on changes in a companys manufacturing activity. Which of the following are examples of variable cost. B Power to run production equipment.

Which of the following is an example of a variable costs. O a monthly electricity bill o b. All the above are variable costs.

Which of the following is NOT an example of a variable cost. Wood used to make custom tables d. Wages paid to workers.

In addition there are fixed costs of 500 the equipment used. Register now or log in to answer. My answer is B-Raw materials costs.

View the full answer. Uses the following flexible budget formula to annual maintenance costTotal cost Rs. The shampoo used to groom petsf.

Gasoline consumed by salespersons cars. Which of the following is an example of a variable cost. Note how the costs change as more cakes are produced.

What is a price ceiling. The variable costs per unit are 4 when a company produces 10000 units of product. Let us consider a bakery that produces cakes.

Asked 33 days ago872021 103907 PM. Select 3 answers A computer for. Raw materials is an example of variable cost.

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