Why can distinction between fixed costs and variable costs

Reference no: EM13394355

Why can the distinction between fixed costs and variable costs be made in the short run? Classify the following as fixed or variable costs: advertising expenditures, fuel, interest on company-issued bonds, shipping charges, payments for raw materials, real estate taxes, executive salaries, insurance premiums, wage payments, depreciation and obsolescence charges, sales taxes, and rental payments on leased office machinery. "There are no fixed costs in the long run; all costs are variable." Explain.

Reference no: EM13394355

Questions Cloud

Ronaldo inc has a capital budget of 1000000 but it wants to : 1. ronaldo inc. has a capital budget of 1000000 but it wants to maintain a target capital structure of 50 debt and 50

You and your fellow operations department teammates have : within the discussion board area write 400-600 words that respond to the following questions with your thoughts ideas

How you intend to make sure organizations vision mission : write a proposal of no more than 750 words outlining the research approach you will use for your strategic plan.

What steps require to be taken before we implement an : what steps need to be taken before we implement an organizational strategy? why are time frames so important to the

Why can distinction between fixed costs and variable costs : why can the distinction between fixed costs and variable costs be made in the short run? classify the following as

Which of the following isnt one of the activities shown on : which of the following is not one of the activities shown on the statement of cash flows? accounting activities

Us gaap follows the historical cost concept in valuing the : us gaap follows the historical cost concept in valuing the cost of long-term assets. explain this principle and how it

The business strategy of todays european and us-based : china has a total of 4.9 trillion gdp in 2009. if current trends continue china may be the worlds largest economy by

Stahl consulting started year with total assets of 60000 : stahl consulting started the year with total assets of 60000 and total liabilities of 15000. during the year the

User Account

All Pages