Define the term fixed cost.
Question:
Define the term fixed cost.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (8 reviews)
Cost ...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
College Accounting Chapters 1-30
ISBN: 978-1259631115
15th edition
Authors: John Price, M. David Haddock, Michael Farina
Question Posted:
Students also viewed these Business questions
-
Describe the term fixed cost and give several examples of fixed costs within a car rental agency when the cost per car rental is the cost object.
-
Hatfield Medical Supply's stock price had been lagging its industry averages, so its board of directors brought in a new CEO, Jaiden Lee. Lee had brought in Ashley Novak, a finance MBA who had been...
-
1. Briefly describe an organization with which you are familiar. Describe a situation when a manager in that organization could use cost behavior information and how the manager could use the...
-
Louise Kalbe drew a check in the amount of $7,260 payable to the order of cash on her account at the Pulaski State Bank. The check was lost or stolen, but Kalbe did not report this to the bank, nor...
-
Ryff Corporation's balance sheet at December 31, 2002, showed the following: Short-term investments, at fair value $46,500 Ryff Corporation's trading portfolio of stock investments consisted of the...
-
A 0.150-kg toy is undergoing SHM on the end of a horizontal spring with force constant k = 300 N/m. When the object is 0.0120 m from its equilibrium position, it is observed to have a speed of 0.300...
-
Cite and discuss examples of a close under each of: summarise and ask for order, alternative choice, concession close, objection close.
-
The following data for Flexco Inc. relate to the payroll for the week ended December 7, 2014: Employees Grove and Seaver are office staff, and all of the other employees are sales personnel. All...
-
Find the future value of $5000, at an annual percentage rate of 3.2%, compounded continuously, for 7 yr. [5.2] Business: present value. Find the present value of $10,000 due in 5 yr, at an interest...
-
The depths of a river H are measured at equally spaced distances across a channel as tabulated below. The rivers cross- sectional area can be determined by Integration as in Use Romberg integration...
-
What are semi-variable costs?
-
The Internet has a great deal of help with inventory for businesses. Enter as a search phrase inventory management. Why are barcodes being used by so many industries?
-
Determine the angle between the pipe segments BA and BC. X 4 ft 3 ft Z F = (30i - 45j + 50k} lb C 4 ft 4 ft. 2 ft
-
Which period could be construed as 'risk-off' Explain. 30 Dow Jones Industrial Average Index 1W - TVC 033906,80 H34588.68 L33783.55 C34299.13 +422.34 (+1.25%) USD 1050.00 970.00 W 890.00 833.42...
-
1. Describe The Long-Run Equilibrium and Long-Run Growth. 2. Describe the Tradeoff Between Output Variability and Inflation Variability. 3. Describe the Inside Lag. 4. Describe how both Monetary and...
-
VCO GmbH expects to sell 4,000 units during November. Its fixed selling and administrative expenses per month are $269,000, and its variable selling and administrative expenses are $3 per unit sold....
-
an eye-catching and persuasive academic poster. This poster will be used to support the digital marketing pitch contained in the web site and social media posts. Your design should effectively...
-
Calculate the fair present values of the following bonds, all of which pay interest semiannually, have a face value of $1,000, have 10 years remaining to maturity, and have a required rate of return...
-
Show that the energy stored when air is compressed adiabatically from pressure p 0 to pressure p H in a final volume V H = V is given by after the work done by/on the atmosphere is subtracted.Here r...
-
Michelles trust is subject to 3.8% surtax on the lesser of the trusts net investment income or the excess of the trusts adjusted gross income over the $12,400 threshold (the highest trust tax rate)....
-
From the following transactions for Maggie Co., when appropriate, journalize, record, post, and prepare a schedule of accounts receivable. Use the same journal headings (all page 1) and chart of...
-
Given the following, calculate net sales. Gross sales.........................................$30 Sales returns and allowances..............8 Sales discounts......................................2
-
Explain the purpose of a contra-revenue account.
-
A firm has 36.30 million shares of common stock outstanding at a price of $32.81 per share. The firm also has 492000.00 bonds outstanding with a current price of $1,089.00. The outstanding bonds have...
-
Commwest Bank owns $300 million of variable-rate notes yielding BBR plus 4 per cent. These loans are financed by $300 million of fixed-rate bonds costing 5 per cent.Northside Building Societyhas $300...
-
Mr. Smith enters into the long position in 5 S&P 500 futures contracts. His brokerage account requires an initial margin balance equal to 15% of the notional amount and a maintenance margin equal to...
Study smarter with the SolutionInn App