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How Do Variable Costs And Fixed Costs Differ?
Essay specific features
Written by:
Susan F
Date added:
October 4, 2013
Level:
University
Grade:
B
No of pages / words:
3 / 649
Was viewed:
4168 times
Rating of current essay:
Essay content:
Variable costs are costs that can rise or fall depending on how much work I contract. Say I sign up 20 jobs this year, I will have to hire more employees, buy them trucks, rent them cell phones, and those costs will correspond to the amount of work going on, therefore variable.
• Chapter 15: Discussion Question 16...
displayed 300 characters
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Example: ???
Indirect costs are costs normally incurred for the benefit of several segments within the organization; sometimes called common costs or joint costs. Example:???
• Chapter 15: Discussion Question 18.
How can out-of-pocket costs and opportunity costs be applied to your personal financial 1 decisions?
Out-of-pocket costs are just that; things you pay for in cash or credit and Opportunty costs are choices...
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