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Which of the following statements best give the reason that a data usage bill for a smart phone is an essential variable expenses?
Patrice Harris
No lol it’s not
Rhiannon Mansell
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What are the two types of expenses?
fixed expenses and variable expenses
What are variable monthly expenses?
expenses change
What is an expense that does not change each month?
fixed expenses do not change, variable expenses do.
How are variable expenses different from fixed expenses?
Variable expenses are those expenses which vary according to production level while fixed expenses are those expenses which have no effect of production level and remain same.
How do you calculate total variable expenses in a contribution income statement?
Total variable cost is typically the sum of all variable labor, variable materials, and variable overhead expenses.
Why is it difficult to budget for variable expenses?
It's dificult to budget for vaiable expenses because variable expenses change based on a number of factors.
Difference between marginal cost accounting statements and absorption cost accounting statement?
marginal costing considers only direct) materials,labour,expenses and variable factory overheads excluding fixed factory overheads but absorption considers (direct) materials ,labour,expenses,variable and fixed factory overheads.
What are the different types of selling expenses?
it is the FIXED and VARIABLE it is the FIXED and VARIABLE expenses only not selling expenses.JOKE.this is a GUESS.haha
Printing and stationery expenses is fixed?
Variable
Are variable expenses for the same amount each time?
yes it is because of the instent cash flow of the variable flow of expenses.
Which of these must be budgeted based on an approximation of the previous months expenses?
variable expenses
What of these must be budgeted based on an approximation of the previous month's expenses?
variable expenses
