Identify what variable costs are likely to be for a company that provides personal trainers. The personal

Question:

Identify what variable costs are likely to be for a company that provides personal trainers. The personal trainers are paid a small salary plus a commission for each lesson. Also, what are the company’s fixed costs?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cost management a strategic approach

ISBN: 978-0073526942

5th edition

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

See More Books

Question Posted: Apr 18, 2013 03:44 AM

See More Questions

What supplemental disclosures are likely to be required in connection with a statement of cash flows?
What individuals or groups are likely to be interested in these dimensions of performance for a financial institution?
What target market strategies are likely to be adopted with this new product introduction?
Alpha Appliance Service had net income for the year of $ 35,000. In addition, the balance sheet reports the following balances: Calculate the return on assets (ROA) for Alpha Appliance Service for...
The liquidity index, LI, defined by Eq. (4.24), can indicate probable engineering behavior depending on the natural or current state of water content. For example, the material behavior can vary from...
no QUESTION THREE The following transactions relate to Chisenga and sons Limited based in Chingola town. The balance brought down on the petty cash account on 1 September 2021 is the imprest amount...
Direct Material Usage Variance is computed by multiplying the: (a) standard rate with difference between the standard quantity for actual output and the actual quantity (b) actual rate with the...
An aluminum calorimeter with a mass of 100 g contains 250 g of water. The calorimeter and water are in thermal equilibrium at 10.0C. Two metallic blocks are placed into the water. One is a 50.0-g...
Francis's Vintage Cars Ltd. sells used classic cars to car enthusiasts in the Burlington area. The company began operations on January 1, 2021. During the fiscal quarter year ended March 31, 2021 the...
Cambridge Tool Co. is a supplier that assembles purchased parts into components for three distinct marketsscooter parts, lawn mower parts, and hand tool parts. Following is the statement of operating...
Identify what are likely to be variable costs for a brewery such as Molson or Budweiser. Also, what are the fixed costs likely to be?
Lucas Diving Supplies Company, in its first year of business, had labor costs of $66,000, overhead costs of $98,000, materials purchases of $22,000, and ending materials and work-in-process...
Perry \& Price audited Bond's consolidated financial statements for the years ended December 31, 19X4 and 19X3. These financial statements are being presented on a comparative basis and an...
Use ANSYS to solve the following: For the given truss problem, determine the most critical elements. Use structural tube made of A 36 steel, with cross sectional are of 50 2. Your answer should...
Find the volume of the solid obtained by rotating the region bounded by the given curves about the specified line. 8. ye, y=1, z=2; about the x-axis 9.2y2 25, y = 2, y = 4; about the y-axis 10. Use...
For the system drawn below, the rectangular gate seals the water outside of the compartment from the water and compressed air in the compartment. The compartment is B=2 m in breadth (into page). The...
Advanced physics the speed of a sound Air at 0 degrees Celsius is 331m/s at 20 degrees Celsius is 343m/s so I want to know why 340m/s is used on this question? QUESTION 3 3. Sipho and his friend...
(SML) Consider the following data: $E\left(r_{m} ight)=0.25, \beta_{i}=0.85, E\left(r_{i} ight)=0.22$. What is the return of the risk-free asset?
Is the modified 5-question approach to ethical decision making superior to the modified moral standards or modified Past in approach?
Refer to question 41 to find the power of a 10 % level test when the true population mean mileage is 36 miles per gallon. Question 41 An automobile manufacturer claims that a new car gets an average...
1. What elements of an organic organization are apparent from the chapter material on Zappos? 2. How does the Zappos business strategy match its organizational structure? 3. Which strategic...
1. Review Exhibit and circle the organizational characteristics you find appealing. Cross out those factors you think you would not like. Do you find a trend toward either the mechanistic or organic...
1. From your knowledge of the firm, identify a major strategic change the firm should seriously consider. Briefly describe what the goal of the initiative is for the organization. 2. Work your way...
Question 10 of 15. Net Sales = $110,000, COGS - 32%, Labor = 21%, Controllables = 7%, Advertising - 1% and Fixed Cost = 15%. What is RC? O 525.232 O 526.400 S28.636 530.000 Mark for follow up...
A truck, building and a high powered piece of equipment were purchased from a company going bankrupt for $850,000. The assets were appraised and their values are Truck 125,000; Building $675,000;...
The income statement of Sunland Company is presented here. Sunland Company Income Statement For the Year Ended November 30, 2022 Sales revenue $7.477,800 Cost of goods sold Beginning inventory...

Identify what variable costs are likely to be for a company that provides personal trainers. The personal

Question:

Step by Step Answer:

Here it is plausible to consider the individual lesson as the cost object Variable c...View the full answer

Cost management a strategic approach

Students also viewed these Management Leadership questions