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Yes, variable costs apply to the use of public warehousing by a firm. These costs can include expenses that fluctuate based on the level of inventory stored, such as storage fees, handling charges, and transportation costs. Public warehousing typically allows firms to pay for space and services based on their actual usage, making it a flexible option that aligns with their variable cost structure. This can be advantageous for businesses with seasonal or fluctuating inventory needs.
What else can I help you with?
Which cost best applies to the use of public warehousing by a firm?
The cost that best applies to the use of public warehousing by a firm is the variable cost associated with storage and handling. Public warehousing allows firms to pay for space and services based on their inventory needs, which can help manage costs more flexibly compared to fixed costs associated with owning and operating private warehouses. This arrangement can also include additional costs such as labor, utilities, and inventory management services, but the primary advantage lies in the scalability and reduced financial risk.
Marginal versus variable costing?
Variable cost refers to the TOTAL variable cost of all units, whereas marginal cost is the variable cost of the last unit only. Variable cost is the sum of all the individual marginal costs. The derivative of the Variable Cost is the Marginal Cost. The integral of the Marginal cost is the Variable Cost.
Is the depriciation cost is variable cost?
yes..depreciation cost is the variable cost..
What is the formula to find the average variable cost?
Average Variable Cost = Total Variable Cost/ Quantity Average Cost = Average Fixed Cost + Average Variable Cost Average Cost = Total Cost/Quantity
Is the cost of fuel for vehicles a variable cost?
Variable cost: The cost change with the change in activity is called variable cost. So as much fuel used cost increased accordingly so it is variable cost.
Which cost best applies to the use of public warehousing by a firm?
The cost that best applies to the use of public warehousing by a firm is the variable cost associated with storage and handling. Public warehousing allows firms to pay for space and services based on their inventory needs, which can help manage costs more flexibly compared to fixed costs associated with owning and operating private warehouses. This arrangement can also include additional costs such as labor, utilities, and inventory management services, but the primary advantage lies in the scalability and reduced financial risk.
How segregate the semi variable cost?
In semi variable cost :variable cost = change in cost/change in output then with that rate * output = variable cost semi variable cost - variable cost = fixed cost
Marginal versus variable costing?
Variable cost refers to the TOTAL variable cost of all units, whereas marginal cost is the variable cost of the last unit only. Variable cost is the sum of all the individual marginal costs. The derivative of the Variable Cost is the Marginal Cost. The integral of the Marginal cost is the Variable Cost.
Example of stepped -fixed cost?
warehousing costs and supervisors' salaries
Is janitorial cost a variable cost?
No, Janitorial Cost is not a variable cost, it is a Fixed Cost.
How do you calculate variable cost?
Variable cost = Total Cost/ fixed cost
Is the depriciation cost is variable cost?
yes..depreciation cost is the variable cost..
What is the formula to find the average variable cost?
Average Variable Cost = Total Variable Cost/ Quantity Average Cost = Average Fixed Cost + Average Variable Cost Average Cost = Total Cost/Quantity
Is the cost of fuel for vehicles a variable cost?
Variable cost: The cost change with the change in activity is called variable cost. So as much fuel used cost increased accordingly so it is variable cost.
Production cost is which kind of cost variable or fixed cost?
variable
Is Manufacturing cost is overhead or variable?
Manufacturing cost is variable cost.
Is legal fee a fix cost or variable cost?
variable cost
