Explain the following cost briefly: Variable cost. What is the difference between variable, fixed, and mixed costs? Give an example of each. Which of the above costs is (a) variable, (b) fixed, and (c) mixed? Explain. Explain the cost-behavior patterns of variable and fixed costs. Give...
Explain the difference between fixed costs (FC) and variable costs (VC) as it relates to production. How would you differentiate Opportunity Cost from Sunk Cost? Provide examples for both costs in your life. Explain the importance of distinguishing between...
Explain, in brief, the various points of difference between fixed cost and variable cost. View Solution Distinguish between fixed costs and variable costs. Explain the relationship between marginal cost and average cost. View Solution Differentiate between push factors and pull factors of migration. Vi...
Total fixed cost is 18000. cuz, 12=variable cost + 20% variable cost. 12=1.2vc so, vc here is 12/1.2=10. selling price – total cost = profit. here profit is -8000. so, total cost is (5000*12)- total cost = -8000. 68000 is total cost. 68000/5000=13.6. in this we know t...
Based on the assumption that any price above variable cost would generate a certain level of contribution towards meeting fixed costs; Consistent with the marginal costing technique; When using this pricing method, need to be careful to ensure that it is sufficient to cover all fixed ...
For instance, time-of-use (TOU) tariffs set fixed prices for different time windows during the day, with higher prices during periods of low renewable production and/or high electricity demand. In contrast, critical-peak-pricing (CPP) tariffs maintain a constant price but charge higher rates ...
Across the stable density stratification of the abyssal ocean, deep dense water is slowly propelled upward by sustained, though irregular, turbulent mixing. The resulting mean upwelling determines large-scale oceanic circulation properties like heat and
A new customized report, which list down by finished products, sales quantity, sales amount, material cost and scrap plus variable and fixed expense. The customized report should only include the material type (finished product of category) ZTFG and generated by center selection and the source of...
The independent analyses are interesting in that they illustrate the powerful effect that alternative real cost assumptions have on financial policies. The model presented below incorporates debt optimization and is similar to Irreversible investment with fixed costs Consider a firm facing two “real ...
This oil, exported throughout Africa and used in the food, confectionary, cosmetic and pharmaceutical industries (Lovett and Haq, 2000), displays a clear trend, becoming increasingly harder from east to west due to variable ratios of saturated to unsaturated fatty acids (Davrieux et al., 2010...