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reply to A company I choose and is familiar with is the Hershey Company a global confectionery company, founded in 1894. They have provided people
reply to A company I choose and is familiar with is the Hershey Company a global confectionery company, founded in 1894. They have provided people with decades of sweets like candy bars, one especially well-known candy bar is Hershey's Milk Chocolate bar. They have had more than 90 brands and products that vary in different types of snacks including mints, ice cream, candies, and many others. As a confectionery company it seems there can be many fixed costs, variable costs, and mixed costs involved in its operation. Some fixed costs that can be identified can include salaries, utilities, maintenance, rent and many more. This is so because these are things that can have a set number of how much each of those factors cost like an employee's salary can be $30k and it wouldn't change, now if you check the amount of money paid per hour then it would fluctuate, similar situations for the other factors listed (Miller-Nobles et al., 2021). For the variable costs some factors are the materials or ingredients used in making the confectionery, like the price of the cacao, sugar, milk, butter, etc. this is because in variable cost the amount of the items purchased and
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