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What else can I help you with?
Are fixed costs always irrelevant?
No fixed costs are not always irrelevant. Some fixed costs may differ among the alternatives and hence will be relevant. e.g. When figuring the incremental cost of the more expensive car, the relevant costs would be the purchase price of the new car (net of the resale value of the old car) and the increases in the fixed costs of insurance and automobile tax and license.
Variable costs are irrelevant whenever they do not differ among the alternatives at hand. do you agree?
Any cost whether variable cost or fixed cost is irrelevant if not different between alternatives at hand.
Which costs wilchange with a decrease in activity within the relevant range?
With a decrease in activity within the relevant range, variable costs will typically decrease as they are directly proportional to the level of activity, such as production or sales volume. Fixed costs, on the other hand, remain unchanged within the relevant range regardless of the activity level. However, if the decrease in activity is significant enough to fall outside the relevant range, some fixed costs may become variable or change. Overall, the primary impact will be a reduction in total variable costs.
Which cost will change with a decrease in activity within relevant range?
unit fixed costs and total variable cost
How many types of cost?
There are variable and fixed costs. Businesses can manipulate the variable costs, but they cannot change their fixed costs in business.
Are fixed costs always irrelevant?
No fixed costs are not always irrelevant. Some fixed costs may differ among the alternatives and hence will be relevant. e.g. When figuring the incremental cost of the more expensive car, the relevant costs would be the purchase price of the new car (net of the resale value of the old car) and the increases in the fixed costs of insurance and automobile tax and license.
Variable costs are irrelevant whenever they do not differ among the alternatives at hand. do you agree?
Any cost whether variable cost or fixed cost is irrelevant if not different between alternatives at hand.
How does relevant evidence and material evidence differ?
Relevant means that the evidence provided goes toward establishing whether a person met one or more of the required elements of a crime. Irrelevant means it does no have anything to do with proving any of those elements. Often an attorney will try to get irrelevant evidence introduced for other factors, such as showing prior crimes, or getting th sympathy of the jury, which may or may not be applicable to what is being tried. * Differential/ marginal/variable/incremental costs are always relevant * Cash costs and future costs are always relevant * Past costs or sunk costs are always irrelevant * Fixed costs are always irrelevant unless they are incremental
Which costs wilchange with a decrease in activity within the relevant range?
With a decrease in activity within the relevant range, variable costs will typically decrease as they are directly proportional to the level of activity, such as production or sales volume. Fixed costs, on the other hand, remain unchanged within the relevant range regardless of the activity level. However, if the decrease in activity is significant enough to fall outside the relevant range, some fixed costs may become variable or change. Overall, the primary impact will be a reduction in total variable costs.
Which cost will change with a decrease in activity within relevant range?
unit fixed costs and total variable cost
What are some of your personal fixed costs and variable costs?
Fixed costs are those expenses that do not change in proportion to the activity within the relevant period. And variable costs are costs that can be varied flexibly as the conditions change. So your personal fixed cost could be the fix line rent that you pay for the cell phone or the admission fee of your school. The variable costs could be your monthly shopping, tuition fees that depends on the courses etc.
How many types of cost?
There are variable and fixed costs. Businesses can manipulate the variable costs, but they cannot change their fixed costs in business.
Are all fixed cost irrelevant?
Not all fixed costs are irrelevant when making decisions. While fixed costs do not change with production levels in the short term, they can still impact long-term strategic decisions and overall profitability. For instance, when evaluating whether to continue or discontinue a product line, fixed costs should be considered in the context of potential future revenues and contributions to fixed expenses. In summary, while fixed costs may not affect short-term operational decisions, they can be relevant in broader financial assessments.
What is the the variable costs plus the fixed costs?
Type your answer here... fixed cost + variable cost = total cost
Which costs will change with an increase in activity within the relevant range?
Unit Fixed Cost and Total Variable Cost Kenny Kalejaiye
Is Janatorial Costs a fixed mixed or variable cost?
The three types of cost you are referring to are Fixed, Semi Variable and Variable Costs. On a well though out COA the janitorial costs would fall under administrative costs. Thus fixed.
Examples of fixed costs and variable costs in hospital?
Fixed Costs: Salaries Variable Costs: Medicines, ambulance fuel, paper, "CEO & friends"benefits package.
