The marginal cost of serving one additional customer in a Chipotle Mexican Grill. check all that apply Food and beverages Advertising expenses Admin expenses Marketing cost The marginal cost
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The marginal cost of serving one additional customer in a Chipotle Mexican Grill.
check all that apply
- Food and beverages
- Advertising expenses
- Admin expenses
- Marketing cost
The marginal cost of United Airlines adding a flight from Honolulu to Seattle.
check all that apply
- Aircraft fuel
- Wages of the flight crew
- Rent of office building
- Wages of airport maintenance personnel
- Food and beverages
- Manufacturing
overhead
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- Identifying Fixed, Variable, Mixed, and Step Costs Consider each of the following independent situations: a. A computer service agreement in which a company pays 150 per month and 15 per hour of technical time b. Fuel cost of the companys fleet of motor vehicles c. The cost of beer for a bar d. The cost of computer printers and copiers at your college e. Rent for a dental office f. The salary of a receptionist in a law firm g. The wages of counter help in a fast-food restaurant h. The salaries of dental hygienists in a three-dentist office. One hygienist can take care of 120 cleanings per month. i. Electricity cost which includes a 15 per month billing charge and an additional amount depending on the number of kilowatt-hours used Required: 1. For each situation, describe the cost as one of the following: fixed cost, variable cost, mixed cost, or step cost. (Hint: First, consider what the driver or output measure is. If additional assumptions are necessary to support your cost type decision, be sure to write them down.) Example: Raw materials used in productionVariable cost 2. CONCEPTUAL CONNECTION Change your assumption(s) for each situation so that the cost type changes to a different cost type. List the new cost type and the changed assumption(s) that gave rise to it. Example: Raw materials used in production. Changed assumptionthe materials are difficult to obtain, and a years worth must be contracted for in advance. Now, this is a fixed cost. (This is the case with diamond sales by DeBeers Inc. to its sightholders. See the following website for information: www.keyguide.net/sightholders/.)Listed below are costs of providing an airline service. Classify each cost as (a) either variable (V) or fixed (F) and (b) either direct (D) or indirect (I). Consider the cost object to be a flight. Flight attendants and pilots are paid based on hours of flight time. Cost 1. Advertising 2. Beverages served on planes . 3. Regional vice president salary . 4. Depreciation (straight-line) on ground equipment . 5. Fuel used in planes 6. Flight attendant wages 7. Pilot wages . 8. Aircraft maintenance manager salary .I need answers to all parts in this question. Cost Description Possible Measure of Activity 1. Salary of production manager at a surfboard manufacturer Surfboards produced 2. Cost of solder used in making computers Computers produced 3. Cost of dough used at a pizza shop Pizzas cooked 4. Janitorial wages at a surfboard manufacturer Surfboards produced 5. Salary of the controller at a hospital Number of patients 6. Cost of sales at an electronics store Dollar sales 7. Cost of testing materials used in a medical lab Tests run 8. Cost of heating an electronics store Dollar sales 9. Cost of electricity for production equipment at a surfboard manufacturer Surfboards produced 10. Depreciation on shelving at a book store Dollar sales Required:For each item above, indicate whether the cost is MAINLY fixed or variable with respect to the possible measure of activity listed next to it. Essay Toolbar navigation opens in a dialog
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- Classifying Variable and Fixed Costs and Product and Period Costs Below are listed various costs that are found in organizations. 1. Hamburger buns in a Wendy’s restaurant. 2. Advertising by a dental office. 3. Apples processed and canned by Del Monte. 4. Shipping canned apples from a Del Monte plant to customers. 5. Insurance on a Bausch & Lomb factory producing contact lenses. 6. Insurance on IBM’s corporate headquarters. 7. Salary of a supervisor overseeing production of printers at Hewlett-Packard. 8. Commissions paid to automobile salespersons. 9. Depreciation of factory lunchroom facilities at a General Electric plant. 10. Steering wheels installed in BMWs. Required: Using the table shown below, describe each of the costs mentioned above in two ways. In terms of cost classifications for predicting cost behavior (column 1), indicate whether the cost is fixed or variable with respect to the number of units produced and sold. With respect to cost classifications for preparing…Value chain and classification of costs, computer company. Dell Computer incurs the following costs:a. Utility costs for the plant assembling the Latitude computer line of productsb. Distribution costs for shipping the Latitude line of products to a retail chainc. Payment to David Newbury Designs for design of the XPS 2-in-1 laptopd. Salary of computer scientist working on the next generation of serverse. Cost of Dell employees’ visit to a major customer to demonstrate Dell’s ability to interconnect withother computersf. Purchase of competitors’ products for testing against potential Dell productsg. Payment to business magazine for running Dell advertisementsh. Cost of cartridges purchased from outside supplier to be used with Dell printersIdentifying Fixed, Variable, Mixed, and Step CostsConsider each of the following independent situations:a. A computer service agreement in which a company pays $150 per month and $15 per hourof technical timeb. Fuel cost of the company’s fleet of motor vehiclesc. The cost of beer for a bard. The cost of computer printers and copiers at your collegee. Rent for a dental officef. The salary of a receptionist in a law firmg. The wages of counter help in a fast-food restauranth. The salaries of dental hygienists in a three-dentist office. One hygienist can take care of 120cleanings per month.i. Electricity cost which includes a $15 per month billing charge and an additional amountdepending on the number of kilowatt-hours usedRequired:1. For each situation, describe the cost as one of the following: fixed cost, variable cost,mixed cost, or step cost. (Hint: First, consider what the driver or output measure is. Ifadditional assumptions are necessary to support your cost type decision, be sure…