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What is a variable cost A. office adminidtration B. rent C. building maintenance or D. raw materials?
Wiki User
∙ 11y ago
Raw materials is the only variable cost in the above options.
Wiki User
∙ 11y ago
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What is an example of a variable expense?
Any expense which is varying with levels of production is a variable expense. For example, with more production, expenses on raw materials will also increase. Consumption of raw material , thus , is a variable expense.
Five examples of variable cost in a restaurant?
Variables costs in an establishment are costs that vary depending on uncontrollable or unpredictable circumstances. Some variable costs in a restaurant include the cost of labor, ingredients, utility bills, and operational materials like cups, napkins, and plates.
What does VIT stand for in variable annuity contracts?
It stands for Variable Investment Trust. Essentially, it a mutual fund that is especially created for the use in variable and life insurance products such as AXA Equitable's Retirement Cornerstone Variable Annuity.
What is an Enhanced Credit Variable Annuity?
and investment vehicle that allows you to borrow at a variable rate.
What is the difference between fix and variable mortgages?
The difference between fixed and variable mortgages are that in a fixed mortgage, the rate can not change. In a variable mortgage, the rate changes with time.
Is maintenance on production equipment a fixed variable or mixed cost?
fixed and variable
Is direct Materials a fixed or variable cost?
Variable. Jessica Nichole Sims
How does the manipulation of an independent variable during a scientific experiment allow a scientist to find a cause-and-effect relationship between variables?
The independent variable, or manipulating variable always affect the outcome of a dependent, or responsive, variable. For example, i have a fire going, and i want to put it out. I could use a range of materials. The range of materials is the independent variable, while the fire going out or not is the dependent variable. This shows a cause and effect.
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.
Are indirect materials variable or fixed cost?
Indirect
Is indirect materials factory a fixed or variable cost?
no
Is maintenance a fixed cost or variable cost?
It seems like it could be both. Variable because you have to do more maintenance as you increase production. Partially fixed because maintenance is necessary even if you don't product anything. If I were going to guess on an exam/homework, I'd go with variable though.
What are some example of Starbucks variable costs?
Raw materials
Is a car payment a variable expense or liability?
A car is a variable expense having the following properties: Car payment ( fixed Expense) Maintenance and usage costs (variable) So in total it is a variable expense. A car payment is considered a liability.
Assuming that direct labor is a variable cost product costs under variable costing include only?
B. Direct materials, direct labor, and variable manufacturing overhead.
How are fixed costs separated from variable costs?
Fixed costs pertain to expenditures (bills) that you have to pay regardless as to how well your business is doing. Taxes, utilities, maintenance and such. Variable costs change depending on your circumstances. If your sales of a given product increase, you will need to spend more in acquiring the materials needful to make that product, or hire additional workers to make it, and such like that.
In managerial accounting How do you calculate variable cost?
A variable cost is a cost that is not constant. Variable costs can include the materials used in order to manufactor an item. If the costs vary from month to month when supplies are ordered, this would be a variable cost. They can be calculated by calculating the number of materials needed and then dividing by the units produced, to determine what your cost was in order to manufactor the item.
