Which of the Following Is an Example of Variable Costs

Decrease as production increases. For example insurance that covers medicine.

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Example of Variable Costs.

. View the full answer. The variable costs per unit are 4 when a company produces 10000 units of product. Direct materials cost B.

Total output quantity x variable cost per unit total variable cost. An example of fixed cost iscosts are partly fixed and partly variable in relation tooutput. Variable Cost per Unit Consider the following example.

Which of the following is NOT an example of a variable cost. Cost of direct labor automated equipment and manual labor per unit. For example the cost of material is a direct variable cost.

Which of the following are examples of variable costs. Amy wants you to determine the minimum units of goods that she needs to sell in order to reach break-even each month. Direct materials is considered the most purely variable cost of all these are the raw materials that go into a product.

Variable Cost per Unit. Which of the following is an example of variable costs for a business. Surgical supplies used in a hospitals operating room.

Cost of Goods Sold. Which of the following are examples of variable cost. Rent for the building O d.

In accumulating raw materials costs companies debit the cost of raw materials purchased in a perpetual system to. These can be contrasted with fixed costs that arent easy to scale back in response to business conditions. Which of the following is an example of a variable cost.

Interest on a loan C. Personal variable expenses includes costs that are discretionary unpredictable one-time unusual or that go up and down according to usage. One example of a variable cost in a business is labor costs because the amount of people a business employs fluctuates greatly especially during the holiday season.

Rent for an office Weegy. Telephone expenses is an example of semi-variable cost. Which of the following is an example of a variable cost.

Which of the following is an example bartleby. It costs 5 in raw materials and 20 in direct labor to bake one cake. 19 _____ A monthly retail store rent B sales salaries C direct material D sales commissions.

064 for machine hourThe current months budget is based on 20000 hours of planned machine time. 19 Which of the following is an example of a variable cost related to sales activity. Unit-based incentives lead to variable costs.

The maximum price the government allows sellers to charge for a product B. What is a price ceiling. A insurance premiums B real estate taxes C unit-based incentives.

Uses the following flexible budget formula to annual maintenance costTotal cost Rs. The yarn used to make a scarfd. Rent of an office spacee.

Which is an example of a variable cost. All of the above ANSWER. Select 3 answers Hourly employees The shampoo used to groom pets The yarn used to make a scarf.

Gasoline consumed by salespersons cars. The wages of part-time workers who are paid 8 per hour. Which of the following is an example of a variable cost.

Next to calculate total variable cost the project manager must use this formula. MEANING OF VARIABLE COST Variable cost is the expenditure that increase or decrease over. The bakery only sells.

Variable cost per unit within the relevant range will. The shampoo used to groom petsf. The cost of installing production equipment d.

Increase as production decreases. Here are a number of examples of variable costs all in a production setting. Wages paid to workers.

Straightminus line depreciation expense C. The following are common examples of variable costs. These can be budgeted for with categories such as contingency and discretionary.

The wheels on an automobile c. Total cost in the short run is classified into fixed costs and variable costs. Labour cost variance is the difference between standard cost of labourand.

Variable costs changewith change in outputexpenses are partly fixed and partly variable. Which of the following costs would be classified as fixed costs with respect to volume. A form of price skimming that allows companies.

Hourly labor is an example of a variable cost. A semi-variable cost also known as a semi-fixed cost or a mixed cost is a cost composed of a mixture of both fixed and variable components. Asked Jun 18 2016 in Business by Flex_Flux.

Variable costs are business costs that increase with the number of units produced. Cost of business licenses. Another example of a variable.

Which of the following costs would be classified as variable costs with respect to volume. Which one of the following is a variable cost. The maintenance cost included in this flexible budget for the current month is.

Costs of ingredients to make pizza O c. Select 3 answers A computer for. O a monthly electricity bill o b.

Which of the following are examples of fixed costs. In many cases it is possible to convert a variable cost into a fixed cost. Conversely a high proportion of fixed costs requires that a business maintain a high sales level in order to stay in business.

Let us consider a bakery that produces cakes. The difference between variable costs and fixed costs is ____. No related questions.

Salary of plant manager 2. Property taxes on the manufacturing facility b. The more leather jackets a company will manufacture the more will be the total cost of raw material for that company.

Fixed costs overhead per unit. The fewer jackets it produces the less expenditure the company will have to incur on raw material for leather jackets. Based on these figures the cost of producing one unit is 8 4 2 14.

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Purely Variable Costs For Example Direct Materials Variable Costs They Are Fixed In The Short Term For Example Direct Labour Fixed Costs They Become Va