Between the variable cost structure and the fixed cost structure, which has the greater risk? Explain.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (10 reviews)
A fixed cost structure would have more risk because profits vary more ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-1259569197
8th edition
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Olds
Question Posted:
Students also viewed these Managerial Accounting questions
-
Would a fixed or variable cost structure be more advantageous if volume is decreasing?
-
Select the correct statement from the following. a. A fixed cost structure offers less risk (i.e., less earnings volatility) and higher opportunity for profitability than does a variable cost...
-
AK Steel is an integrated manufacturer of high-quality steel and steel products in capital intensive steel mills. AK Steel produces flat-rolled carbon, stainless and electrical steel products, and...
-
It is stated in Section 40.3 that a finite potential well always has at least one bound level, no matter how shallow the well. Does this mean that as U 0 0, E 1 0? Does this violate the Heisenberg...
-
Cathy, the manager of Cathy's Catering, Inc., uses activity-based costing to compute the costs of her catered parties. Each party is limited to 20 guests and requires four people to serve and clean...
-
It was my first time sitting on the other side of the desk. I have been asked by my Dean to serve as the Interim Director of the Marilyn Magaram Center (MMC), a Food Science, Nutrition, and Dietetics...
-
Use a numerical optimisation routine to find the values of \(\sigma^{2}\) and \(\gamma\) that maximise the marginal likelihood for GP regression using an RBF covariance matrix (with \(\alpha=1\) )....
-
On January 1, 2017, Harter Company had Accounts Receivable $139,000, Notes Receivable $25,000, and Allowance for Doubtful Accounts $13,200. The note receivable is from Willingham Company. It is a...
-
During the audit of Sunset Building Supply, you are given the following year-end bank reconciliation prepared by the client: SUNSET BUILDING SUPPLY Bank Reconciliation December 31 Balance per 12/31...
-
You will implement and test a small class called statistician, which is similar to some of the small classes in Chapter 2 of the text. iman Purposes: Ensure that you can write a small class that...
-
Draw a process flow diagram of your last doctor's office visit. Identify bottlenecks. Did any activities occur in parallel?
-
Rachael's Restaurant, a fast-food restaurant company, operates a chain of restaurants across the nation. Each restaurant employs eight people; one is a manager paid a salary plus a bonus equal to 4...
-
What is an e-marketplace? How do businesses use them?
-
why is it important to seek and evaluate the success of a menu and individual menu items?
-
Ten years ago, Mobiletex Ltd. Leased a patent for the manufacture of a gadget used in mobile phones from Quickcom Ltd. The lease agreement provided for payment of royalty at the rate of Sh.70 per...
-
Define Management Accounting and the components of the Manufacturing Statement.
-
A woman invests $6400 in an account that pays 6% interest per year, compounded continuously. (a) What is the amount after 2 years? (Round your answer to the nearest cent.) $ 7215.98 (b) How long will...
-
How do you pass a file name as an argument in python? What is the built in input function in python? Assist me in writing a small function named punctuate that takes an input parameter named txt ,...
-
Appellants, personal representatives of the estate of George Herbert Jackson, appeal the probate courts order of conveyance in favor of appellees. Appellants claim a writing signed by George Jackson...
-
According during to the IRS, individuals filing federal income tax returns prior to March 31 received an average refund of $1,088 in 2018. Consider the population of "last-minute" filers who mail...
-
Mantooth Manufacturing Company experienced the following accounting events during its first year of operation. With the exception of the adjusting entries for depreciation, assume that all...
-
Magnificent Modems, Inc., makes modem cards that are used in notebook computers. The company completed the following transactions during 2010. All purchases and sales were made with cash. 1. Acquired...
-
Define fixed cost and variable cost and give an example of each.
-
Reference: Badick, J. R., & Johnson, B. A. (2021). Flight Theory and Aerodynamics (4th ed.). Wiley Professional Development (P&T). Discuss in paragraph form how the concepts of aircraft performance...
-
Question 4 (1.47 points) If f(x)=- x-27 X-3, for what value of x is this function discontinuous, if any? 1) x=-3 2) x=3 3) x=9 4) The function is continuous for all x. Question 5 (1.47 points) An...
-
Graph the function, f(x) = -2(x-1) + 3, by starting with the graph of 2 y=x and using transformations. Which transformations are needed to graph the function 2 f(x)=2(x-1)+3? Choose the correct...
Study smarter with the SolutionInn App