Which of the following costs would most likely be a committed fixed cost for a retailer? a.
Question:
Which of the following costs would most likely be a committed fixed cost for a retailer?
a. Cost of a car awarded to the employee with the most sales for the year
b. Cost of sponsoring the local golf tournament for charity
c. Cost of annual sales meeting for all employees
d. Lease payments on the store building
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
d Lease ...View the full answer
Answered By
Antony Sang
I am a research and academic writer whose work is outstanding. I always have my customer's interests at heart. Time is an important factor in our day to day life so I am always time conscious. Plagiarism has never been my thing whatsoever. I give best Research Papers, Computer science and IT papers, Lab reports, Law, programming, Term papers, English and literature, History, Math, Accounting, Business Studies, Finance, Economics, Business Management, Chemistry, Biology, Physics, Anthropology, Sociology, Psychology, Nutrition, Creative Writing, Health Care, Nursing, and Articles.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
1. Hannah is applying for a life policy on her girlfriend Sarahs life. The policy is $500,000 and carries a large premium. Hannah is the main earner, so she is concerned about not being able to pay...
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
MCQ questions: 1. An increase in oil prices, such as the oil shocks in the 70s, lead to _______ thereby causing ________ a movement along the AS curve; cost-push inflation a leftward shift in the AS...
-
1. Create your Dream Board (all the things you want to buy or establish in the future). Specify the amount of each item. 2. Search the salary of your prospective careers 5 years from now. 3. With the...
-
TRUE-FALSE QUESTIONS 1. The existence and presentation/disclosure assertions are usually the most relevant for inventory. 2. The most common concerns for inventory are that purchases are understated...
-
Patrick Sabine, a student, asks for your help in understanding the following characteristics of a corporation: (a) Limited liability of shareholders, (b) Transferable ownership rights, (c) Ability to...
-
Panther Racing, LLC, is involved in competitive racing, including the development, maintenance, and operation of a racing team in the IndyCar series. Beginning in 2008, the National Guard annually...
-
The registrar at State University believes that decreases in the number of freshman applications that have been experienced are directly related to tuition increases. They have collected the...
-
$28.95- charged for it yesterday!" said Shana, the Dining Room manager at Chez Paul's restaurant. "It's even more than our highest priced steak! that's almost ten dollars more than we on to control...
-
Waddell Company had the following balances in its accounting records as of December 31, Year 1: The following accounting events apply to Waddell Companys Year 2 fiscal year: Jan. 1 Acquired $20,000...
-
Which method helps managers visualize the relationship between the cost and the total volume of the activity? a. Variance analysis b. Outlier c. Scatterplot d. Account analysis
-
In the cost equation y = vx + f, what term represents the total variable cost component ? a. f b. y c. vx d. v
-
Suppose the jewelry box in Exercise 48 is designed so that the material in the top costs twice as much as the material in the bottom and sides and three times as much as the material in the interior...
-
Differentiate between closely held and publicly owned corporations.
-
Economists appear to envision the human economy as a system that is characterized by complex interactions of commodities, people, and social institutions (markets and non-markets) with a primary goal...
-
Identify the three specific ways the human economy depends on the natural environment
-
What is the purpose of an engagement letter? What should be included in an engagement letter?
-
Name two ratios that are used to measure financial leverage and write their equations.
-
Shareholders equity is accounted for by source. What does source mean?
-
What are multinational corporations (MNCs) and what economic roles do they play?
-
Doors manufactures a premium garage door. Currently, the price and cost data associated with the premium garage door is as follows: Average selling price per premium garage...
-
Flow Industries is planning on purchasing a new piece of equipment that will increase the quality of its production. It hopes the increased quality will generate more sales. The companys contribution...
-
Gabby Kittson sells homemade knit scarves for $ 14 each at local craft shows. Her contribution margin ratio is 62.5%. Currently, the craft show entrance fees cost Gabby $ 1,400 per year. The craft...
-
We like to test the following H 0 and H 1 with 0 . 0 1 alpha. H 0 : Population variance = 1 6 H 1 : Population variance is not equal to 1 6 We assume that data is from a normal distribution. Using...
-
For the following PAIRED OBSERVATIONS, calculate the 95% confidence interval for the population mean mu_d: A = {9.45, 12.24, 13.75, 13.26}, B = {6.41, 8.09, 10.35, 9.80}. Your answer: O 3.21 < mu_d <...
-
Ms . Rodriguez has 1 5 flower pots, each containing 2 seeds. The probability that a seed will germinate is 7 0 % . a ) What is the probability that exactly 2 0 seeds will germinate?
Study smarter with the SolutionInn App