......... Is Most Likely To Be A Fixed Cost - Econ 510 Ch 6 Test By Drew Grime Issuu / Cost of raw materials for production b.

......... Is Most Likely To Be A Fixed Cost - Econ 510 Ch 6 Test By Drew Grime Issuu / Cost of raw materials for production b.. Expenditures for raw materials 22. Which combinations of object of cost and classification of cost is most reasonable? Which of the following is most likely to be a fixed cost? Production and cost in the firm; A)berries b)flour c)bakers d)eggs e)ovens.

What is its variable cost? In the long run, a. Depreciation taken on equipment, d. A fixed cost is a cost that does not change with an increase or decrease in the amount of goods or services produced or sold. The materials cost, on the other hand, is a variable cost.

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The sum of fixed and variable costs of production. Wages for production workers, c. Fixed costs do not vary with the volume of production. Wages for unskilled labor d. Wages for unskilled labour d. When diseconomies of scale occur: Which of the following is most likely to be a fixed cost? Expenditures on raw materials b.

The average total cost curve and the average variable cost curve are closer together as output increases, with average variable cost reaching its minimum level first

In general, one approach is as good as another. Is most likely to be a fixed cost : Most expenditures will eventually have a negative impact on the competitiveness of a business if they are curtailed for a long period of time, so the reduction of a discretionary fixed cost should usually only be considered over a relatively short period to time, such as a few months to a year. Insuring a property is more likely to be a fixed cost, because it relates to value of fixed assets and to a contract. Shows the total of the average fixed costs and the average variable costs. Marginal cost intersects average total cost. The materials cost, on the other hand, is a variable cost. Wages paid to factory workers. There are a number of fixed costs you could deal with at any given time, but here are five fixed cost examples that you are most likely to see. The rent fee is generally protected by a contract between you and the contractor before you make rent as well as advertising. Interest on corporate bonds, d. Here are the top five fixed costs in most businesses: Wages for unskilled labour d.

Rent on an office building, e. Amortization is the practice of paying off the cost of an intangible asset over a period of time until that asset has expired. Which of the following is most likely a variable cost? Wages paid to factory workers. Shows the total of the average fixed costs and the average variable costs.

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Fixed cost is the committed cost that has to be incurred even at the zero levels of production or business level. If you know that when a firm produces 10 units of output, total costs are $1,030 and average fixed costs are $10, then total fixed costs are: The materials cost, on the other hand, is a variable cost. Wages for unskilled labor d. Depreciation taken on equipment, d. For a bond issue that sells for more than the bond face amount, the effective interest. Let's illustrate this by looking at the cost of property insurance. Which of the following is most likely to be a fixed cost?

Depreciation taken on equipment, d.

Are not taken into account for cost of goods manufactured. Sales prices and variable costs had increased proportionately. There most likely explanation of the net income increase is that, compared to budget, actual a. Salary and allowances paid to office staff d. Mortgages payments (correct) wages paid to an unskilled labor expenditure for raw material. Thus rent likely does not correlate with the. For a bond issue that sells for more than the bond face amount, the effective interest. The rent fee is generally protected by a contract between you and the contractor before you make rent as well as advertising. Depreciation taken on an office building, b. Which of the following is most likely to be a fixed cost? Materials used to make products discretionary fixed cost. A fixed cost is a cost that does not change with an increase or decrease in the amount of goods or services produced or sold. Here are the top five fixed costs in most businesses:

Materials used to make products discretionary fixed cost. In the long run, a. Expenditures on raw materials b. Selling and administrative fixed expenses had decreased. The cost of merchandise sold, c.

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Utility bills the term economists use to describe a small change is. There were no beginning or ending inventories. Suppose guild produces 5,000 quiatrs per year. The cost of merchandise sold, c. Which of the following is most likely to be a fixed cost? Fixed costs do not vary with the volume of production. Manufacturing fixed costs had increased. Which of the following is most likely to be a fixed cost?

Mortgages payments (correct) wages paid to an unskilled labor expenditure for raw material.

Wages for unskilled labour d. Depreciation taken on an office building, b. To set capitation rates, which method is best? Power consumed in the factory c. There most likely explanation of the net income increase is that, compared to budget, actual a. When diseconomies of scale occur: The cost of commissioned sales people, e. Which is most likely the shortest? The cost of the insurance premiums for a company's property insurance is likely to be a fixed cost. The other type is variable costs. What is its variable cost? There were no beginning or ending inventories. Add your answer and earn points.

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