COST ACCOUNTING
COST BEHAVIORS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Identify semi-variable costs
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Employee paid basic wage plus commission based on production quantity
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rent of the factory workshop
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print ink used for letterhead and logos
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Explanation:
Detailed explanation-1: -Variable costs may include labor, commissions, and raw materials. Fixed costs remain the same regardless of production output. Fixed costs may include lease and rental payments, insurance, and interest payments.
Detailed explanation-2: -Answer and Explanation: The sales commission cost is a variable cost as the amount varies proportionately with the number of units sold for a product, which in turn governs the production volume as well.
Detailed explanation-3: -Semi Variable Cost = F + VX Where: F = fixed cost. V = variable cost per unit. X = total production in units.
There is 1 question to complete.