Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 05, 2024

5. Which ONE of the following would be a fixed cost of a manufacturer of filing cabinets? (and provide a brief explanation, 2 marks) The

Which ONE of the following would be a fixed cost of a manufacturer of filing cabinets?(and provide a brief explanation, 2 marks)

The rent of the factory
The cost of plastic packaging to wrap the finished product
The cost of metal needed to manufacture the filing cabinets
Electricity consumed by production equipment

Explanation:

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Investments Analysis And Management

Authors: Charles Jones, Nick Jones

11th Edition

0470477121, 9780470477120

More Books

Students also viewed these Finance questions

Question

★★★★★

Olive Construction Company is determining whether it should submit a bid for a new shopping center. In the past, Olive's main competitor, Base Construction Company, has submitted bids 70% of the...

Answered: 1 week ago

Question

★★★★★

It had been a quiet Monday morning for Anna Hogue, senior project manager at Flagstone Consulting. Everything seemed to be falling into place for the company's first conference, "Healthcare...

Answered: 1 week ago

Question

★★★★★

2 Describe the differences between dependency techniques and interdependency techniques. When would you choose a dependency technique?

Answered: 1 week ago

Question

★★★★★

As a long-term investment at the beginning of the fiscal year, Florists International purchased 30% of Nursery Supplies Inc.'s 8 million shares for $56 million. The fair value and book value of the...

Answered: 1 week ago

Question

★★★★★

5. Which ONE of the following would be a fixed cost of a manufacturer of filing cabinets? (and provide a brief explanation, 2 marks) The rent of the factory The cost of plastic packaging to wrap the...

Answered: 1 week ago

Question

★★★★★

Looking for help in completing 'Quantitative Methods For Management' assignment. 1.At one of the Management Institutes, a sample of 55 second Year MBA students was selected, and information gathered...

Answered: 1 week ago

Question

★★★★★

Gold Enterprises had the following sales-related transactions on a recent day: a. Billed customer $15,700 on account for services already provided. b. Collected $2,650 in cash for services to be...

Answered: 1 week ago

Question

★★★★★

Question 2(Multiple Choice Worth 2 points) (04.05 MC) Patricia owns a cleaning business with Sarah. They both have other jobs and are trying to determine the number of hours to work at the cleaning...

Answered: 1 week ago

Question

★★★★★

Multi-step Income Statement and Adjusting Entries The Boston Trading Company, whose accounting year ends on December 31, had the following normal balances in its general ledger at December 31: Cash...

Answered: 1 week ago

Question

★★★★★

Exercise 1-15A (Algo) Preparing an income statement and a balance sheet LO 1-7 Mijka Company was started on January 1, Year 1. During Year 1, the company experienced the following three accounting...

Answered: 1 week ago

Question

★★★★★

On December 31, Mars Company had the following portfolio of stock investments with insignificant influence. Mars had no stock investments in prior periods. Prepare the December 31 adjusting entry to...

Answered: 1 week ago

Previous Question Next Question