Variable cost is the cost which remains constant per unit of output or at each service provided. It increases in direct proportion to the level of activity. Fixed cost is the cost which remains constant in totality at each level. Indirect cost is the cost which cannot be directly attributed to the production of specific goods or services such as administrative expenses, depreciation on equipments. Direct cost is the cost which can be directly attributed to the production of specific goods or services. To determine: In the question we have given the costs related to flight. We have to classify the cost as a) Either variable or fixed b) Either direct or indirect

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Answer 1

Question

Chapter 18, Problem 4E

To determine

Variable cost is the cost which remains constant per unit of output or at each service provided. It increases in direct proportion to the level of activity.

Fixed cost is the cost which remains constant in totality at each level.

Indirect cost is the cost which cannot be directly attributed to the production of specific goods or services such as administrative expenses, depreciation on equipments.

Direct cost is the cost which can be directly attributed to the production of specific goods or services.

To determine:

In the question we have given the costs related to flight. We have to classify the cost as

a) Either variable or fixed

b) Either direct or indirect

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The Bluebird Company has annual sales of $6,800, total debt of $2,200, total equity of $3,400, and a profit margin of 7.5 percent. What is the return on assets? a. 7.25 percent b. 8.96 percent c. 10.18 percent d. 9.11 percent e. 11.45 percent

Answer 2

Question

Chapter 18, Problem 4E

To determine

Variable cost is the cost which remains constant per unit of output or at each service provided. It increases in direct proportion to the level of activity.

Fixed cost is the cost which remains constant in totality at each level.

Indirect cost is the cost which cannot be directly attributed to the production of specific goods or services such as administrative expenses, depreciation on equipments.

Direct cost is the cost which can be directly attributed to the production of specific goods or services.

To determine:

In the question we have given the costs related to flight. We have to classify the cost as

a) Either variable or fixed

b) Either direct or indirect

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 18, Problem 4E

To determine

Variable cost is the cost which remains constant per unit of output or at each service provided. It increases in direct proportion to the level of activity.

Fixed cost is the cost which remains constant in totality at each level.

Indirect cost is the cost which cannot be directly attributed to the production of specific goods or services such as administrative expenses, depreciation on equipments.

Direct cost is the cost which can be directly attributed to the production of specific goods or services.

To determine:

In the question we have given the costs related to flight. We have to classify the cost as

a) Either variable or fixed

b) Either direct or indirect

Expert Solution & Answer

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See solution

Answer 4

Question

Chapter 18, Problem 4E

To determine

Variable cost is the cost which remains constant per unit of output or at each service provided. It increases in direct proportion to the level of activity.

Fixed cost is the cost which remains constant in totality at each level.

Indirect cost is the cost which cannot be directly attributed to the production of specific goods or services such as administrative expenses, depreciation on equipments.

Direct cost is the cost which can be directly attributed to the production of specific goods or services.

To determine:

In the question we have given the costs related to flight. We have to classify the cost as

a) Either variable or fixed

b) Either direct or indirect

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 5

Chapter 18, Problem 4E

To determine

Variable cost is the cost which remains constant per unit of output or at each service provided. It increases in direct proportion to the level of activity.

Fixed cost is the cost which remains constant in totality at each level.

Indirect cost is the cost which cannot be directly attributed to the production of specific goods or services such as administrative expenses, depreciation on equipments.

Direct cost is the cost which can be directly attributed to the production of specific goods or services.

To determine:

In the question we have given the costs related to flight. We have to classify the cost as

a) Either variable or fixed

b) Either direct or indirect

Answer 6

Chapter 18, Problem 4E

To determine

Variable cost is the cost which remains constant per unit of output or at each service provided. It increases in direct proportion to the level of activity.

Fixed cost is the cost which remains constant in totality at each level.

Indirect cost is the cost which cannot be directly attributed to the production of specific goods or services such as administrative expenses, depreciation on equipments.

Direct cost is the cost which can be directly attributed to the production of specific goods or services.

To determine:

In the question we have given the costs related to flight. We have to classify the cost as

a) Either variable or fixed

b) Either direct or indirect

Answer 7

Chapter 18, Problem 4E

To determine

Variable cost is the cost which remains constant per unit of output or at each service provided. It increases in direct proportion to the level of activity.

Fixed cost is the cost which remains constant in totality at each level.

Indirect cost is the cost which cannot be directly attributed to the production of specific goods or services such as administrative expenses, depreciation on equipments.

Direct cost is the cost which can be directly attributed to the production of specific goods or services.

To determine:

In the question we have given the costs related to flight. We have to classify the cost as

a) Either variable or fixed

b) Either direct or indirect

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 18 - Prob. 1DQ Ch. 18 - Prob. 2DQ Ch. 18 - Prob. 3DQ Ch. 18 - Prob. 4DQ Ch. 18 - Prob. 5DQ Ch. 18 - Prob. 6DQ Ch. 18 - Prob. 7DQ Ch. 18 - Prob. 8DQ Ch. 18 - Prob. 9DQ Ch. 18 - Prob. 10DQ

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