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Why is labor a variable cost?
Labor cost is variable cost because labor is paid for every single unit of product is made. For example if labor cost for making 1 unit is 10 then making 10 units will be 100 so as much as production level changing labor cost changing that;s why it is variable cost.
If the profit made by the pen for Rs 10 is as much as its cost what is the cost price of pen?
Profit is 2 times the selling price and is equal to the cost price or wholesale price , S.P.(rs. 10)= profit + C.P. (Rs. 5 + rs. 5) ,therefore cost price is Rs. 5
What is the total cost if the marginal cost of producing the 9th unit is 10?
Total cost would be: (Average cost)*8 +10.
What is directly variable cost?
Directly variable cost means that which cost is directly related with the number of production of units of products. Example: For example if material amounting 10 is required to produce 1 product unit then total material amount of 100 will be required to produce 10 units of product in this case 10 is the variable cost per unit and 100 is the variable cost for 10 units of product.
What is the fixed cost if production of 10 units cost 10 and 15 units cost 15?
In this example, since the total cost of production is $1/unit at any level, all costs are variable and fixed costs = 0.
What is Miranda Lambert's birthday?
Miranda Lambert was born on November 10, 1983.
When was Craig Lambert born?
Craig Lambert was born on 1968-10-05.
When was Mary Lambert born?
Mary Lambert was born on 1951-10-13.
When did Gene Lambert die?
Gene Lambert died on 2000-02-10.
When was Raoul Lambert born?
Raoul Lambert was born on 1944-10-22.
When was Oscar Lambert born?
Oscar Lambert was born on 1890-10-25.
When was Alex Lambert born?
Alex Lambert was born on 1990-12-10.
When was Noeleen Lambert born?
Noeleen Lambert was born on 1982-12-10.
What is Miranda Lambert's birthday?
Miranda Lambert was born on November 10, 1983.
When is Miranda Lambert's birthday?
Miranda Lambert was born on November 10, 1983
When was Ian Lambert born?
Ian Lambert was born on 1960-10-11.
When was Jonathan Butler born?
Jonathan Butler was born on 1961-10-10.
