Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 11, 2024

If the total cost of an item is $180 and its variable cost is $0, this cost can be described as: A. variable. B. semi-variable.

If the total cost of an item is $180 and its variable cost is $0, this cost can be described as: A. variable. B. semi-variable. C. fixed. D. all the above

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

Managerial Economics and Business Strategy

Authors: Michael Baye, Jeff Prince

8th edition

9780077802615, 73523224, 77802616, 978-0073523224

More Books

Students also viewed these Economics questions

Question

★★★★★

Centralia Stores Inc. had property, plant, and equipment, net of accumulated depreciation, of $4,459,000 and intangible assets , net of accumulated amortization, of $673,000 at December 31, 2012. The...

Answered: 1 week ago

Question

★★★★★

10.5 Underground Food Store has 4,000 pounds of raw beef nearing its expiration date. Each pound has a cost of $4.50. The beef could be sold as is for $3.00 per pound to the dog food processing...

Answered: 1 week ago

Question

★★★★★

Discuss Platos methodology. Include a statement about Platos theory of forms and explain the meaning of his metaphor eye of the soul.

Answered: 1 week ago

Question

★★★★★

On August 1, 2019, the accountant for Western Imports downloaded the company's July 31, 2019, bank statement from the bank's website. The balance shown on the bank statement was $28,760. The July 31,...

Answered: 1 week ago

Question

★★★★★

(Compounding using a caiculator and annuities due) Springfield mogul Monigomery Burns, age 70 , wants to ratire at ago 100 in order to steal candy from babies full time. Once Mr, Burns retires, he...

Answered: 1 week ago

Question

★★★★★

A project that costs $4,300 to install will provide annual cash flows of $1,450 for each of the next 6 years? What is the NPV if the discount rate is 10%

Answered: 1 week ago

Question

★★★★★

The following Trial Balance was taken from the books of Tom Toy at 31 December 2012. Purchases/Sales Inventory 1.1.2012 Wages Loan - R Driscoll Cash Premises ms Dr Cr $ 57,341 80,340 4,173 10,650 242...

Answered: 1 week ago

Question

★★★★★

(11) The CPF Payable account has an opening balance of $5,600, and the amount due to the CPF Board is being paid on the last day of the month.

Answered: 1 week ago

Question

★★★★★

Tom learned to ask questions in math class, but he never learned to ask questions in English or history class. The problem is that "asking questions" did not demonstrate A Generality B Technology C...

Answered: 1 week ago

Question

★★★★★

1. Precision Engineering Inc. (PEI) is a small manufacturer of precision tools used to construct research equipment for engineering departments at colleges and universities. It sells its two main...

Answered: 1 week ago

Question

★★★★★

Which of the following is most closely aligned with the concept of psychological safety? 1 point Leader is responsible for making the employee comfortable at all times. Leader ignores bad behavior in...

Answered: 1 week ago

Question

★★★★★

Stella Liebeck, an elderly grandmother, received third-degree burns when she spilled coffee purchased at a McDonald's drive-through. At trial, experts testified that McDonald's coffee was too hot to...

Answered: 1 week ago

Question

★★★★★

YourFire, Inc., is a small business owned by Curt and Julie Robards. Based in Brisbane, Australia, YourFire manufactures and sells a lightweight camping stove called the YourFire. Curt, who...

Answered: 1 week ago

Question

★★★★★

Summarize the advantages and disadvantages for brick-and-mortar retailers to sell items via Amazon. com. Would you recommend that they do so?

Answered: 1 week ago

Question

★★★★★

What would be the benefits of Mercedes-Benzs new carriage-type driverless car over a traditional car that has been converted to be driverless?

Answered: 1 week ago

Previous Question Next Question