Production Costs, Variable and Fixed

Related BrainMass Solutions

• Relationship between Fixed and Variable Costs

  292880 Relationship between Fixed and Variable Costs Explain the relationship between fixed and variable costs used in a flexible budget. Explain the relationship between fixed and variable costs used in a flexible budget.

• Production Costs for General Motors

  variable and fixed costs incurred during a production period.

• Managerial Accounting Business Questions

  The difference between fixed and variable costs is that fixed costs are incurred whether or not production occurs or not.

• Flexible budget lends itself to cost-volume-profit analysis

  Fixed costs and variable costs are related to each other in flexible budget. Because, in flexible budget, total costs are determined by using the following formula consisting of fixed costs and variable costs.

• Classify costs associated with operation of a factory

  Janitorial salaries : Fixed and InDirect 8. Peaches used in canning fruit: Variable and Direct 9. Lubricants for production equipment: Fixed and InDirect 10. Sugar used in soft drink production: Variable and Direct 11.

• Is it a Variable or a Fixed Cost?

  Fixed cost, indirect and unControllable cost. 13.Production-run setup costs. Variable cost, direct and controllable cost. 14.Depreciation of plant equipment.

• variable, fixed, mixed costs

  224728 Variable, Fixed, Mixed Costs Fowler Company manufactures a single product. Annual production costs incurred in the manufacturing process are shown below for two levels of production.

• Pesavento Company: Indicate which costs are variable, fixed or mixed

  cost This solution helps with a problem involving variable, fixed and mixed costs.

• Reason of distinguishing variable & fixed costs

  Variable costs are those costs which vary directly in proportion to the level of production The answer contains the reason for distinguishing between fixed cost and variable costs and also the examples of fixed costs and variable costs.

• High-Low Profit Equation

  The solution examines the high-low and profit equations. It assists with identifying the fixed and variable cost components for both production costs and selling and administrative costs.