To classify: The purchase price of the car as variable cost or fixed cost

Question

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Answer 1

Question

Chapter 6, Problem 6.2SE

a.

To determine

To classify: The purchase price of the car as variable cost or fixed cost

b.

To determine

To classify: The finance charges on the car loan as fixed cost or variable cost

c.

To determine

To classify: The cost of gas as fixed cost or variable cost

d.

To determine

To classify: The Oil changes as fixed cost or variable cost

e.

To determine

To classify: The cost of Replacement tires as fixed cost or variable cost

f.

To determine

To classify: The Insurance cost of $100 per month as fixed cost or variable cost

g.

To determine

To classify: The License plate/registration of $200 per year as fixed cost or variable cost

h.

To determine

To classify: The cost of SiriusXM Radio subscription as fixed cost or variable cost

i.

To determine

To classify: The cost of the Car washes (one per week)as fixed cost or variable cost

j.

To determine

To classify: The cost of the monthly parking as fixed cost or variable cost

k.

To determine

To classify: The cost of Traffic violation ticket as fixed cost or variable cost

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Students have asked these similar questions

Howard James started a business in 2011 in Jamaica and has been operating in the wholesale/retail industries, where he buys and sells household items to the local market. In 2012, he expanded his business operations and opened two other businesses in Trinidad and Tobago and Antigua and Barbuda, respectively. The annual sales of the respective businesses in 2015 are: Jamaica: J$3,000.00 Trinidad and Tobago: TT$251,000.00 Antigua and Barbuda: $299.00 Mr. James failed to register his business for VAT/GCT as specified by the respective Sales Tax Acts and Regulations. He stated that there is no need for his businesses to be registered because their sales are under the VAT thresholds and thus not required to be registered. a) You are to advise Mr. James if his decision not to register his businesses is justifiable. b) Search the respective VAT Acts for the 3 countries and advise Mr. James of the benefits of being a registered taxpayer; also the penalties for not registering for VAT/GCT.

Get correct answer general accounting question

PLEASE HELP FILL THESE CELLS. NOTICE I HAVE PROVIDE THE OPTIONS ON THE DROP DOWN

Answer 2

Question

Chapter 6, Problem 6.2SE

a.

To determine

To classify: The purchase price of the car as variable cost or fixed cost

b.

To determine

To classify: The finance charges on the car loan as fixed cost or variable cost

c.

To determine

To classify: The cost of gas as fixed cost or variable cost

d.

To determine

To classify: The Oil changes as fixed cost or variable cost

e.

To determine

To classify: The cost of Replacement tires as fixed cost or variable cost

f.

To determine

To classify: The Insurance cost of $100 per month as fixed cost or variable cost

g.

To determine

To classify: The License plate/registration of $200 per year as fixed cost or variable cost

h.

To determine

To classify: The cost of SiriusXM Radio subscription as fixed cost or variable cost

i.

To determine

To classify: The cost of the Car washes (one per week)as fixed cost or variable cost

j.

To determine

To classify: The cost of the monthly parking as fixed cost or variable cost

k.

To determine

To classify: The cost of Traffic violation ticket as fixed cost or variable cost

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 6, Problem 6.2SE

a.

To determine

To classify: The purchase price of the car as variable cost or fixed cost

b.

To determine

To classify: The finance charges on the car loan as fixed cost or variable cost

c.

To determine

To classify: The cost of gas as fixed cost or variable cost

d.

To determine

To classify: The Oil changes as fixed cost or variable cost

e.

To determine

To classify: The cost of Replacement tires as fixed cost or variable cost

f.

To determine

To classify: The Insurance cost of $100 per month as fixed cost or variable cost

g.

To determine

To classify: The License plate/registration of $200 per year as fixed cost or variable cost

h.

To determine

To classify: The cost of SiriusXM Radio subscription as fixed cost or variable cost

i.

To determine

To classify: The cost of the Car washes (one per week)as fixed cost or variable cost

j.

To determine

To classify: The cost of the monthly parking as fixed cost or variable cost

k.

To determine

To classify: The cost of Traffic violation ticket as fixed cost or variable cost

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 6, Problem 6.2SE

a.

To determine

To classify: The purchase price of the car as variable cost or fixed cost

b.

To determine

To classify: The finance charges on the car loan as fixed cost or variable cost

c.

To determine

To classify: The cost of gas as fixed cost or variable cost

d.

To determine

To classify: The Oil changes as fixed cost or variable cost

e.

To determine

To classify: The cost of Replacement tires as fixed cost or variable cost

f.

To determine

To classify: The Insurance cost of $100 per month as fixed cost or variable cost

g.

To determine

To classify: The License plate/registration of $200 per year as fixed cost or variable cost

h.

To determine

To classify: The cost of SiriusXM Radio subscription as fixed cost or variable cost

i.

To determine

To classify: The cost of the Car washes (one per week)as fixed cost or variable cost

j.

To determine

To classify: The cost of the monthly parking as fixed cost or variable cost

k.

To determine

To classify: The cost of Traffic violation ticket as fixed cost or variable cost

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 5

Chapter 6, Problem 6.2SE

a.

To determine

To classify: The purchase price of the car as variable cost or fixed cost

b.

To determine

To classify: The finance charges on the car loan as fixed cost or variable cost

c.

To determine

To classify: The cost of gas as fixed cost or variable cost

d.

To determine

To classify: The Oil changes as fixed cost or variable cost

e.

To determine

To classify: The cost of Replacement tires as fixed cost or variable cost

f.

To determine

To classify: The Insurance cost of $100 per month as fixed cost or variable cost

g.

To determine

To classify: The License plate/registration of $200 per year as fixed cost or variable cost

h.

To determine

To classify: The cost of SiriusXM Radio subscription as fixed cost or variable cost

i.

To determine

To classify: The cost of the Car washes (one per week)as fixed cost or variable cost

j.

To determine

To classify: The cost of the monthly parking as fixed cost or variable cost

k.

To determine

To classify: The cost of Traffic violation ticket as fixed cost or variable cost

Answer 6

Chapter 6, Problem 6.2SE

a.

To determine

To classify: The purchase price of the car as variable cost or fixed cost

Answer 7

Chapter 6, Problem 6.2SE

a.

To determine

To classify: The purchase price of the car as variable cost or fixed cost

Answer 8

b.

To determine

To classify: The finance charges on the car loan as fixed cost or variable cost

Answer 9

b.

To determine

To classify: The finance charges on the car loan as fixed cost or variable cost

Answer 10

c.

To determine

To classify: The cost of gas as fixed cost or variable cost

Answer 11

c.

To determine

To classify: The cost of gas as fixed cost or variable cost

Answer 12

d.

To determine

To classify: The Oil changes as fixed cost or variable cost

Answer 13

d.

To determine

To classify: The Oil changes as fixed cost or variable cost

Answer 14

e.

To determine

To classify: The cost of Replacement tires as fixed cost or variable cost

Answer 15

e.

To determine

To classify: The cost of Replacement tires as fixed cost or variable cost

Answer 16

f.

To determine

To classify: The Insurance cost of $100 per month as fixed cost or variable cost

Answer 17

f.

To determine

To classify: The Insurance cost of $100 per month as fixed cost or variable cost

Answer 18

g.

To determine

To classify: The License plate/registration of $200 per year as fixed cost or variable cost

Answer 19

g.

To determine

To classify: The License plate/registration of $200 per year as fixed cost or variable cost

Answer 20

h.

To determine

To classify: The cost of SiriusXM Radio subscription as fixed cost or variable cost

Answer 21

h.

To determine

To classify: The cost of SiriusXM Radio subscription as fixed cost or variable cost

Answer 22

i.

To determine

To classify: The cost of the Car washes (one per week)as fixed cost or variable cost

Answer 23

i.

To determine

To classify: The cost of the Car washes (one per week)as fixed cost or variable cost

Answer 24

j.

To determine

To classify: The cost of the monthly parking as fixed cost or variable cost

Answer 25

j.

To determine

To classify: The cost of the monthly parking as fixed cost or variable cost

Answer 26

k.

To determine

To classify: The cost of Traffic violation ticket as fixed cost or variable cost

Answer 27

k.

To determine

To classify: The cost of Traffic violation ticket as fixed cost or variable cost

Answer 28

Expert Solution & Answer

Answer 29

Expert Solution & Answer

Answer 30

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Answer 31

Ch. 6 - (Learning Objective 1) A graph of a variable cost...Ch. 6 - (Learning Objective 2) Which of the following is...Ch. 6 - (Learning Objective 2) In the cost equation...Ch. 6 - Prob. 4QC Ch. 6 - Prob. 5QC Ch. 6 - (Learning Objective 3) Which of the following is...Ch. 6 - Prob. 7QC Ch. 6 - (Learning Objective 5) Which of the following is...Ch. 6 - Prob. 9QC Ch. 6 - Prob. 10QC

To classify: The purchase price of the car as variable cost or fixed cost

Solution Summary: The author explains that the purchase price of a car is fixed, and the finance charges on the car loan are variable.

Videos

To classify: The purchase price of the car as variable cost or fixed cost

To classify: The finance charges on the car loan as fixed cost or variable cost

To classify: The cost of gas as fixed cost or variable cost

To classify: The Oil changes as fixed cost or variable cost

To classify: The cost of Replacement tires as fixed cost or variable cost

To classify: The Insurance cost of $100 per month as fixed cost or variable cost

To classify: The License plate/registration of $200 per year as fixed cost or variable cost

To classify: The cost of SiriusXM Radio subscription as fixed cost or variable cost

To classify: The cost of the Car washes (one per week)as fixed cost or variable cost

To classify: The cost of the monthly parking as fixed cost or variable cost

To classify: The cost of Traffic violation ticket as fixed cost or variable cost

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Chapter 6 Solutions