Which of the Following Is an Example of Variable Costs

Surgical supplies used in a hospitals operating room. 19 Which of the following is an example of a variable cost related to sales activity.

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Rent Insurance Professional fees Utilities Variable is.

. Example of Variable Costs. Which of the following is an example of a variable cost. B Power to run production equipment.

Note how the costs change as more cakes are produced. Rent for the building O d. Register now or log in to answer.

Which of the following is an example of a variable cost. C remain the same as production levels change. All of the above ANSWER.

A quantity that may change within the context of a mathematical problem or experiment. Fixed costs are indirect costs and have to be paid irrespective of the level of production. Which of the following are examples of variable cost.

A insurance premiums B real estate taxes C unit-based incentives D inventory E mortgage payments. Total cost in the short run is classified into fixed costs and variable costs. For example the raw materials used as components of a product are considered variable costs because this type of expense typically fluctuates based on the number of units produced.

A semi-variable cost also known as a semi-fixed cost or a mixed cost is a cost composed of a mixture of both fixed and variable components. Which of the following costs would be classified as variable costs with respect to volume. Which of the following are examples of fixed costs.

Which of the following is an example of a variable cost. Cost of business licenses. The wheels on an automobile c.

B decrease as production decreases. Variable Cost per Unit. Conversely a high proportion of fixed costs requires that a business maintain a high sales level in order to stay in business.

Telephone expenses is an example of semi-variable cost. 19 _____ A monthly retail store rent B sales salaries C direct material D sales commissions. Hourly labor is an example of a variable cost.

Therefore they are classified as variable costs. To illustrate the concept see the table below. Even i f zero output is being produced these costs have to be incurred.

Select 3 answers A computer for. It costs 5 in raw materials and 20 in direct labor to bake one cake. The shampoo used to groom petsf.

My answer is B-Raw materials costs. Rent of an office spacee. Here are a number of examples of variable costs all in a production setting.

C Amortization of factory facilities. Variable cost is a production expense that increases or decreases depending on changes in a companys manufacturing activity. Which one of the following is a variable cost.

The following are common examples of variable costs. The cost of installing production equipment d. Rent for an office Weegy.

Interest on a loan C. Cost of Goods Sold. A Insurance on the headquarters building.

Let us consider a bakery that produces cakes. What is a price ceiling. Select 3 answers Hourly employees The shampoo used to groom pets The yarn used to make a scarf.

View the full answer. Answered Jun 18 2016 by. Direct materials is considered the most purely variable cost of all these are the raw materials that go into a product.

Gasoline consumed by salespersons cars. Which of the following are examples of variable costs. A increase as production decreases.

Raw materials costs. The variable costs per unit are 4 when a company produces 10000 units of product. Which of the following is an example of a variable cost.

2 Variable cost per unit within the relevant range will _____. Which of the following costs would be classified as fixed costs with respect to volume. These can be contrasted with fixed costs that arent easy to scale back in response to business conditions.

In addition there are fixed costs of 500 the equipment used. These costs include r ent of the factory i nterest payments on borrowed financial capital p ayment on the lease for factory equipment. Wages paid to workers.

The wages of part-time workers who are paid 8 per hour. All of the above are variable costs. The maintenance cost included in this flexible budget for the current month is.

Asked Jun 18 2016 in Business by Flex_Flux. The yarn used to make a scarfd. All the above are variable costs.

The answer is d. The maximum price the government allows sellers to charge for a product B. Which of the following is an example of variable costs for a business.

O a monthly electricity bill o b. Uses the following flexible budget formula to annual maintenance costTotal cost Rs. Costs of ingredients to make pizza O c.

Which of the following is NOT an example of a variable cost. Which of the following is an example of a cost that is variable with respect to the number of units produced and sold. D decrease as production increases 3 Which of the following statements is true of the behavior of total variable costs within the relevant range.

MEANING OF VARIABLE COST Variable cost is the expenditure that increase or decrease over. Property taxes on the manufacturing facility b. 064 for machine hourThe current months budget is based on 20000 hours of planned machine time.

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