Which of the Following Is a Fixed Cost

Fixed components include stations locomotive service and repair facilities maintenance shops for rolling stock track etc. A payment to hire a security worker to guard the gate to the factory around the clock b costs of raw materials c wages to fire assembly line workers d payments to an electric utility.

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B Variable cost wages salaries benefits.

. Answered Jul 14 2021 by riyapreprise 453k points a Insurance on building. Which of the following is a fixed cost in an automobile manufacturing plant. Gasoline consumed by salespersons cars.

Power shared by the national and state governments Question. Sets found in the same folder. Which of the following is most likely to be a fixed cost for Big Bike Motorcycles.

Electricity used by assembly line machines C. Select 3 answers A computer for recording customer and order information A monthly fee for a flea market booth A radio ad. A cost that is 9600 per unit when production is 120000 and 9600 per unit when production is 192000.

Monthly rent payment for the building electricity expenses utilities cost of the building o direct material costs. Wages paid to workers however can vary as the number of workers increase or decrease. An opportunity cost is one that is recorded on the income statement.

Hence it is not considered as a fixed cost. Continuing their endeavor and their reason will ensure that their investment is not wasted. I paid 85 for this wool sweater but it is too scratchy for my skin.

Fixed costs have to be paid at any cost. Renting a space Promotion costs Insurance. In a cost-volume-profit chart the a.

Total cost line begins at the total fixed cost value on the vertical axis. Asked Aug 24 2017 in Business by sleepless_studies. The basic of asset management within supply chains is to.

Average fixed Average variable Average total Total product 1 2 3 Marginal cost 17 15 13 cost 10000 cost 1700 cost 11700 6600 5000 3333 2500 1600 1500 1425 4733 3925 3400 3067 3000 3000 12 2000 1667 1429 1250 1400 13 1400 14 7 1571 26 1750 1944 2160 2400. Total cost line normally begins at zero. A fixed cost fallacy is when a company continues to do something because theyve already invested in it.

C Total cost fixed cost implicit cost. Total cost line begins at zero. A fixed cost is one that never changes even in the long run.

Which of the following is a fixed cost with respect to units produced in a factory. Select the best answer from the following choices. Stores Rent Stores employees salary Insurance payment of the equipment in the store Internet expenses etc.

They are the opposite of variable costs which do vary depending on the level of production or sales. Fixed costs are operating expenses that are unavoidable regardless of the level of production. Fuel cost will increase when service level or traffic volume increases and will decrease when traffic level decreases so this is a variable cost.

Power delegated to the national government b. Paper used in the manufacture of textbooks. Which of the following is an example of a fixed cost.

Which of the following is a fixed cost. Surgical supplies used in a hospitals operating room. Accounting questions and answers.

Multiple Choice A cost that is 4800 per unit when production is 120000 and 4800 per unit when production is 192000. D Opportunity cost explicit cost - implicit cost. The following cost data is for a firm which is selling in a perfectly competitive market.

Establish and maintain schools. Which of the following is a fixed cost. Which of the following is a fixed cost.

AMaximize capacity utilization of each machine in the production process. A standard cost is what the cost should be for a given level of sales revenue. Jungle Jims had sales of 205400 in the month of October.

Here is the list of top 11 most common Fixed Costs 1 Depreciation 2 Amortization 3 Insurance 4 Rent Paid 5 Interest Expense 6 Property Taxes 7 Salaries 8 Utility Expenses 9 Advertising and Promotional Expense. Property taxes paid by a firm to a large city c. Keep the cost for each unit of product moved through a supply chain to a minimum.

Which of the following is a fixed cost-Direct materials cost-Straight-line depreciation expense-Sales commission expense-Direct labor cost. Which one among the following is a fixed cost to a manufacturing firm in the short run. A Insurance on building b Overtime payment to workers c Cost of energy d Cost of raw materials.

A variable cost is one that varies in linear fashion with revenue. A cost that is 7600 per unit when production is 190000 and 7600 per unit when production is 304000. Slope of the total cost line is dependent on the fixed cost per unit.

Which of the following are examples of fixed costs. Power belonging to the state governments c. The wages of part-time workers who are paid 8 per hour.

A cost that is 4800 per unit when production is 120000 and 3000 per unit when. Select three common examples of fixed costs from the list below. Total cost fixed cost variable cost.

Cost of raw materials. Payments to a electric utility. Wages to hire assembly line workers.

National government the state government or one that is shared by both. Fixed costs are the costs that remain fixed in a period of time regardless of either your business is making profits or not or your sales reach the target or not. Use the retail method to estimate the value of the inventory as of October 31 given the following financial information.

Which of the following is an example of the fixed cost fallacy. Correct option is C Fixed costs are those which are fixed for the production period. Multiple Choice A cost that is 15200 per unit when production is 190000 and 15200 per unit when production is 304000.

Windows for each car produced Answer. Fixed cost for a store can be. Fixed costs show little fluctuation from period to period and they include things such as insurance rent and property taxes.

Which of the following is a fixed cost.

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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

Which Of The Following Is Not A Product Cost In 2022 Advertising Costs Marketing Cost Cost