Which of the following is not a fixed cost? Insurance Salaries Property taxes Cost of Goods...

Which of the following is not a fixed cost?

Insurance

Salaries

Property taxes

Cost of Goods Sold

Solutions

Expert Solution

Answer- The following is not a fixed cost = Cost of goods sold.

Explanation- Insurance, Salaries and property taxes are fixed costs.

ekkarill92 answered 1 year ago

Next > < Previous

Related Solutions

Which of the following is not a fixed cost? Depreciation on factory equipment Property taxes on...

Which of the following is not a fixed cost? Depreciation on factory equipment Property taxes on factory building Property insurance on factory building Payroll taxes on factory employees

Which of the following describes how property taxes work? (Check all that apply.) a Property taxes...

Which of the following describes how property taxes work? (Check all that apply.) a Property taxes are a percentage of the assessed value of residential and/or commercial property. b Like NH, Massachusetts has both state and local property taxes. c For residential property, tax rates tend to be about 1-3% (annually) of a home's assessed value. d Local taxes (such as property taxes) and fees, are used to fund local schools, roads, police, courts, trash collections, etc. e A town...

Which of the following is not an example of property and liability insurance? a. Liability to...

Which of the following is not an example of property and liability insurance? a. Liability to others b. Umbrella insurance c. Homeowner’s insurance d. All of the above are examples of property and liability insurance e. None of the above is an example of property and liability insurance

Category Cost: Rent Monthly, cost $3000, Utilities Monthly $1100, Insurance Quarterly $1200, Property Taxes, annually $6000,...

Category Cost: Rent Monthly, cost $3000, Utilities Monthly $1100, Insurance Quarterly $1200, Property Taxes, annually $6000, Steel per shelf $9.00, forming per shelf $.25, Labor per shelf $.75 Price charged per shelf $20.00 This company will break even with monthly production of ____ units, and sales of __________ 250; $5000 !0,000; $500 $5000; 250 500; $10,000

Economic principles of property taxes. Find the answers to the following questions about property taxes: in...

Economic principles of property taxes. Find the answers to the following questions about property taxes: in Ohio. (MUST BE OHIO). 1. What property classifications are used? 2. Who is responsible for assessing property values? 3. How often are assessments redone? 4. What assessment ratio is used? 5. What property tax relief does Ohio provide?

Deductibles are not used in which of the following type of insurance? disability income insurance property...

Deductibles are not used in which of the following type of insurance? disability income insurance property insurance health insurance life insurance

which of the following is a modification to a standard property or liability insurance contract? a....

which of the following is a modification to a standard property or liability insurance contract? a. a policy rider b. policy declarations c. policy endorsement d. policy conditions

1. Which of the following would not be included in the Land account? A.back property taxes...

1. Which of the following would not be included in the Land account? A.back property taxes paid B.brokerage commissions connected with the purchase of the land C.paving costs for a driveway D.survey fees connected with the purchase of the land 2.Which of the following expenses is most closely associated with tangible longminus−lived assets? A.depletion B.interest C.accumulation D.depreciation 3.Which of the following statements is true? A.Depreciation means that a business sets aside cash to replace assets as they become fully amortized....

Sally owns real property for which the annual property taxes are$16,680. She sells the property...

Sally owns real property for which the annual property taxes are $16,680. She sells the property to Kate on April 2, 2020, for $834,000. Kate pays the real property taxes for the entire year on October 1, 2020. Assume a 365-day year. Round any division to four decimal places. Round your final answers to the nearest dollar. a. How much of the property taxes can be deducted by Sally and how much by Kate? Sally can deduct $____ and Kate...

Determine the payment, excluding taxes, PMI and property insurance, On a $175,000 loan based on the...

Determine the payment, excluding taxes, PMI and property insurance, On a $175,000 loan based on the following terms: (20 points, 5pts each) a. Interest Rate: 4.5 % Term: 15 years b. Interest Rate: 5.0 % Term: 30 years c. Provide an amortization table showing all monthly payments for the 15 year loan. d. Provide an amortization table showing all monthly payments for the 30 year loan.

Subjects