An example of variable cost for service business

Assignment Help Operation Management

Reference no: EM132108336

1. An example of a variable cost for a service business is:

Labor rate (hourly or per service performed)

Materials used to perform services

Travel expenses to perform services

All of the above

2. The author of an effective business modeling report would most likely be concerned with:

Ensuring the report is less than five pages in length

Packaging

Maximum use of graphics

All of the above.

3. The variables in break-even analysis are:

volume, cost, and profit

total cost, fixed cost, variable cost

Y, x, and price

total variable revenue and total sales

4. The objective of break-even analysis is:

determine the number of units to produce that will equate total profit with total cost

determine the number of units to produce that will equate total revenue with total cost

determine the number of units to produce that will equate variable cost with fixed cost

determine the number of units to produce to maximize profit

Reference no: EM132108336

Questions Cloud

Combat the problem with trusting healthcare professionals : What are your thoughts about how one might combat the problem with trusting healthcare professionals?

Difference between holder and holder in due course : What is the difference between a holder and a holder in due course? Do they have different rights?

Transact business in multiple countries and currencies : Global companies transact business in multiple countries and currencies.

Domestic and global supply and demand conditions : the current and prospective domestic and global supply and demand conditions in their markets.

An example of variable cost for service business : An example of a variable cost for a service business is. The variables in break-even analysis are.

About indycar case study-customer analysis : Who are our current and potential customers? What do our customers do with our products?

Primary theory of motivation : In four hundred or less words, choose your primary theory of motivation. Please do not use Hertzberg.

Television advertisement for concert for black eyed peas : If you were going to design a television advertisement for a concert for the Black Eyed Peas. who would be your target market?

Evaluating two speculative investments : Michelle received an inheritance of $95,000, and she is evaluating two speculative investments. Algebraically formulate this linear programming problem.

User Account

All Pages