Clerical salaries fixed or variable cost

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WebClassify each of the following cost items mostly as fixed or variable: Raw materials Direct labour Depreciation Supplies Utilities Property taxes Administrative salaries Payroll … WebCosts1.Plastic for casing—$17,0002.Wages of assembly workers—$82,0003.Property taxes on factory—$5,0004.Accounting staff salaries—$35,0005.Drum stands (1,000 stands purchased)—$26,0006.Rent cost of equipment for sales staff—$10,0007.Upper management salaries—$125,0008.Annual flat fee for factory maintenance …

Is the administrative salaries are the variable cost? - Answers

WebNov 21, 2024 · Fixed costs are consistent in any given period. Variable costs fluctuate according to the amount of output produced. If you pay an employee a salary that isn't … WebApr 3, 2024 · Fixed cost includes expenses that remain constant for a period of time irrespective of the level of outputs, like rent, salaries, and loan payments, while variable … longwave ridges and troughs

Are Salaries Fixed or Variable Costs? Bizfluent

WebFixed costs per year License fees = $12,000 Insurance = $28,000 Depreciation = $160,000 Office & Clerical = $190,000 Variable costs per CMD Driver wages = $0.40/CMD Fuel = $1.25/CMD Semivariable costs per CMD Maintenance & Service costs = $10,000 + $0.35/CMD The intercept of the compnay's total cost graph is: $____ WebThe following income statement was drawn from the records of Butler Company, a merchandising firm, from last year. BUTLER COMPANY / Income Statement Cost Behavior? $ 725,000 400,000 Variable 325,000 29,000 Variable 85,000 Fixed 42,000 Fixed 54,000 Fixed 15,000 Mixed Y=a+b*x $ 100,000 Required: 3. Prepare a … WebClassify each of the following cost items as mostly fixed or variable: Raw materials variable Administrative salaries. Fixed. Direct labor variable Payroll taxes Fixed or variable ... Fixed. Supplies variable Utilities … longwave reception in us

Accounting CH 20 Flashcards Quizlet

Webc. Unit fixed cost and total fixed cost d. Unit fixed cost and unit variable cost. 3. Salaries of accounts receivable clerks when one clerical worker is needed for every 750 accounts receivable is an example of a: a. curvilinear cost b. fixed cost c. mixed cost d. step-variable cost. 4. With respect to a fixed cost, an increase in the activity ... WebAug 24, 2024 · Variable costs vary based on the amount of output produced. Variable costs may include labor, commissions, and raw materials. Fixed costs remain the same … hop on and off waihekeWebCosts 1.Plastic for casing—$17,000 2.Wages of assembly workers—$82,000 3.Property taxes on factory—$5,000 4.Accounting staff salaries—$35,000 5.Drum stands (1,000 … hop on a train

"WebDirect fixed costs include supervisory and clerical salaries and equipment depreciation Direct materials Direct labor Variable manufacturing overhead Direct fixed manufacturing overhead Allocated fixed manufacturing overhead $12 8 (30% salaries, 70% depreciation) Total unit cost $35 Clifton Clocks has offered to provide the timer units to ... " - Clerical salaries fixed or variable cost

Clerical salaries fixed or variable cost

WebOct 19, 2024 · Fixed costs are constant, scheduled payments and stay the same for extended periods, whereas variable costs are short-term expenses with amounts that change often. Variable costs increase or decrease in proportion to manufacturing and sales volumes, and fixed costs are the same regardless of any changes in volume. WebSep 26, 2024 · Clerical Costs A clerical cost is an expense specifically associated with clerical work. It commonly classifies as an operating expense on the income statement, as such tasks are necessary to the constant operation of the business.

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WebMar 20, 2024 · An entry-level Clerical Assistant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of … WebJul 10, 2024 · Companies incur two types of production costs: variable and fixed costs. Variable costs change based on the amount of output produced. Variable costs may include labor, commissions, and raw …

WebOct 19, 2024 · Fixed costs are constant, scheduled payments and stay the same for extended periods, whereas variable costs are short-term expenses with amounts that … WebWhile ZipRecruiter is seeing annual salaries as high as $72,500 and as low as $17,500, the majority of Clerical salaries currently range between $25,000 (25th percentile) to …

WebVariable costs are those that will vary depending on the output of the store. In a retail setting, these costs might include sales commissions, inventory purchased for resale, … WebJun 8, 2024 · Direct labor costs are the same as those used in prime cost calculations.If the bicycle company produced 10 bikes, its total costs would be $1,000 fixed plus $2,000 variable equals $3,000, or $300 per unit. …

WebLet us differentiate between fixed and variable costs first. A fixed cost is defined as the cost which does not vary depending on production or sales levels. Variable cost on the …

WebCost accounting theories salaries of accounts payable clerks when one clerical worker is needed for every 500 accounts payable is an example of: fixed cost. Skip to document Ask an Expert Sign inRegister Sign inRegister Home Ask an ExpertNew My Library Discovery Institutions Our Lady of Fatima University AMA Computer University longwave shortwave radiosWebClassify each of the following cost items as mostly fixed or variable1. Raw materials2. Direct Labor3. Depreciation4. Supplies5. Utilities6. Property taxes7. Interest on borrowed … long wave short wave uv lampWebOf this amount, $600,822 is designated as variable cost and $616,934 is designated as fixed ($529,556 1 $87,378 = $616,934). For purposes of our example, assume the Operating Room revenue amounts to $1,260,000. The contribution margin is computed as follows: Thus, $659,178 is available to contribute to fixed costs and to profit. long wave red lightWebContribution format income statement: Total Per piano Sales 125,000 3, Variable expenses COGS 98,000 2, Sales salaries and commissions 10,000 (8%*125,000) 250 (8%3,125) Delivery of pianos to customers 1,200 30 Clerical 800 (2040) 20 Total VE 110,000 2, Contribution margin 15,000 375 Fixed expenses Advertising 700 Sales salaries and … long waves on oceanic ridgesWebDirect materials Direct labor Variable manufacturing overhead Direct fixed manufacturing overhead Allocated fixed manufacturing overhead 6 $12 10 (30% salaries, 70% depreciation) Total unit cost $38 Clifton Clocks has offered to provide the timer units to Sheridan at a price of $36 per unit. hop on and off tours washington dcWeb75%. $15.75. The average hourly pay for a Clerical Worker is $13.33. Hourly Rate. $10 - $16. Total Pay. $22k - $33k. Based on 6 salary profiles (last updated Feb 07 2024) long waves earthquakeWebChapter 2 Managerial Accounting and Cost Concepts Solutions to Questions 2. Abdull Su. See Full PDF Download PDF. See Full PDF Download PDF. See Full PDF Download PDF. See Full PDF Download PDF. About; Press; Blog; People; Papers; Topics; Job Board We're Hiring! Help Center; Find new research papers in: Physics; Chemistry; Biology; Health … long wave short wave