Fixed Cost is the cost which remains constant ...Variable Cost is the cost which varies directly in proportion ...Semi-variable Cost is the cost which is neither fixed nor variable in nature
Briefly explain the difference between fixed cost and variable cost. Provide an example of each. 2.Briefly discuss marginal costs, including an explanation of how they are calculated; any condition that is typical to them, and what makes knowing th...
Explain the 2 sales approaches, B2B and B2C. What are some differences and challenges? What is the difference between fixed costs and variable costs? Explain the role of non-governmental organizations in intergovernmental relations. What is the difference between manufacturing ov...
Costs are classified into three types on the basis of the behavior of costs: Fixed costs, Variable costs, and Mixed costs. Total fixed costs remain constant whereas the variable cost per unit remains constant. Mixed cost is a combination of both fixed costs and ...
For example, fixed costs are things such as rent, lease payments and insurance expense, while labor, raw materials and sales commissions are variable costs. It is noteworthy that the same category of an operating expense can be either a fixed cost or a variable cost, depending on the situatio...
they have $0.80 that contributes to fixed costs and profit. Thus, 20% of each sales dollar represents the variable cost of the item and 80% of the sales dollar is margin. Just as each product or service has its own contribution margin on a per unit basis, each has a unique contribution...
68000 is total cost. 68000/5000=13.6. in this we know that 10 is variable cost and the rest of 3.6 is fixed cost per unit. muliply it with total unit 5000 will give u an answer of 18000. August 29, 2024 at 12:25 pm Nguwar@ ...
Why does the difference between average total cost and average variable cost decrease as the output is increased? Can these two be equal at any level of output? Explain. Solution Average Cost (AC) is equal to the sum of Average Variable Cost (AVC) and Average Fixed Cost...
The financial due diligence process also involves analysis of major customer accounts, fixed and variable cost analysis, analysis of profit margins, and examination of internal control procedures. Financial DD additionally examines the company’s order book and sales pipeline in order to create better ...
Explain Opportunity Cost and provide an example. Are fixed costs or variable costs considered sunk costs in the short run? Explain. Explain the different types of finance companies and their features. Briefly describe the different types of risk. Indicate which ...