Antique fixed versus variable cost

Antique fixed versus variable cost

One member of your team emailed you and stated that she believes Claire’s Antiques should work to convert the fixed costs to variable costs. She wants to know if this is a good idea. Why or why not? If not, then when would it be a good idea?Please find below my opinions on your idea.First, the behavior of costs – fixed or variable – depends on the cost object being observed and the time horizon. Second, in the long run, all costs become variable.Next, the behavior of costs affects the profitability of a business. Hence, a company must earn enough from selling its products and providing its services to recover its fixed costs. This ability …This solution is comprised of an explanation of fixed and variable costs within the context of using Claire’s Antiques as an example.

Antique fixed versus variable cost

One member of your team emailed you and stated that she believes Claire’s Antiques should work to convert the fixed costs to variable costs. She wants to know if this is a good idea. Why or why not? If not, then when would it be a good idea?Please find below my opinions on your idea.First, the behavior of costs – fixed or variable – depends on the cost object being observed and the time horizon. Second, in the long run, all costs become variable.Next, the behavior of costs affects the profitability of a business. Hence, a company must earn enough from selling its products and providing its services to recover its fixed costs. This ability …This solution is comprised of an explanation of fixed and variable costs within the context of using Claire’s Antiques as an example.

Antique fixed versus variable cost

One member of your team emailed you and stated that she believes Claire’s Antiques should work to convert the fixed costs to variable costs. She wants to know if this is a good idea. Why or why not? If not, then when would it be a good idea?Please find below my opinions on your idea.First, the behavior of costs – fixed or variable – depends on the cost object being observed and the time horizon. Second, in the long run, all costs become variable.Next, the behavior of costs affects the profitability of a business. Hence, a company must earn enough from selling its products and providing its services to recover its fixed costs. This ability …This solution is comprised of an explanation of fixed and variable costs within the context of using Claire’s Antiques as an example.

Antique fixed versus variable cost

One member of your team emailed you and stated that she believes Claire’s Antiques should work to convert the fixed costs to variable costs. She wants to know if this is a good idea. Why or why not? If not, then when would it be a good idea?Please find below my opinions on your idea.First, the behavior of costs – fixed or variable – depends on the cost object being observed and the time horizon. Second, in the long run, all costs become variable.Next, the behavior of costs affects the profitability of a business. Hence, a company must earn enough from selling its products and providing its services to recover its fixed costs. This ability …This solution is comprised of an explanation of fixed and variable costs within the context of using Claire’s Antiques as an example.

Answers

Related Questions

paraphrasing a paragraph in 1 hr...

can someone paraphrase this? NHANES uses a complex, multistage probability design to sample the civilian, noninstitutionalized population residing in...

week 5 business...

DiscussionBefore beginning work on this week's discussion forum, please review the link "Doing_Discussion_Questions_Right," the expanded grading r...

Week 7 Discussion 2 - How Do Principals Really Imp...

 Week 7 Discussion 2 - How Do Principals Really Improve Schools?After completing this week's Readings and Resources, access the link below and re...

Examine Your Barriers to Cultural Competence...

 Examine Your Barriers to Cultural CompetenceRespond to the prompts below in full sentences.  Be sure to use standard English grammar and spelling:A...

econ 2301 disscussion board question...

In August 2018, the U.S. federal deficit topped $780 billion and the national debt grew to more than $21 trillion. (You can find real-time numbers for...

week5 comp...

By the due date assigned, post your reflections on how you addressed Objections and Alternative Views in your researched argumentative essay, followin...

Week 7 Discussion 1 - Formative and Summative Teac...

 Week 7 Discussion 1 - Formative and Summative Teacher EvaluationAfter completing this week's Readings and Resources, access the link below and r...

Reflection Paper - Imaginary Conference Dialogue...

 Reflection Paper - Imaginary Conference DialogueYour Reflection Paper - Imaginary Conference Dialogue is due this week.Consider a supervisor and tea...

Summary and Response - Urban Age Shaping Cities: S...

REQUIRED FORMAT: There needs to be three (3) sections, each with their own heading: Introduction, Summary, and Response. The heading should be in bold...

Assignment Assistive Technology Considerations...

 Assistive technology (AT) offers many ways to support individuals with language impairments in a variety of settings. Special education services may...

Newark museum...

NEWARK MUSEUMArt of the Ancient Mediterranean: Egypt, Greece, and RomeSouth Gallery-First Floor-Main BuildingThis is not a fashion exhibit per se, but...

Disaster Recovery...

Develop a Complete Disaster Recovery Plan to be submitted to the executive board of your company.Only MS Word (.doc, .docx) and Adobe Acrobat (PDF) fo...

Annotated Bibliography of Research for Paper...

TOPIC: Nobel prize for peace acceptance speech by Barack Obama5-6 Sources and one paragraph description of each  in MLA style, of course!!Attention t...

Accessing, Using and Evaluating Development Websit...

  Your paper should include a full page describing a website or news sources that you have accessed in order to complete the assignment. This page s...

Case analysis pls with out plagarism...

 Review this week's case, Wiikano Orchards.After your analysis of the case, prepare a response using the Case Analysis Guidelines provided.  In...

Database Security...

Confidentiality, integrity, and availability are the three common security goals. Select at least three security vulnerabilities that could jeopardize...

Database Administrator’s Role...

Information professionals with adequate skills are required to maintain the business continuity of database services in an organization. Identify and...

Week 6 - Discussion Board - Delivering Bad News...

Watch the video clips below on delivering bad news. Based on what you learned in Chapter 11, what concepts could have been leveraged and how could the...

Assignment 2: Required Assignment 1—Training Pro...

 This course has two Required Assignments. In these Required Assignments you will analyze a given scenario and make recommendations.For this assignme...

developing country's experience with foreign a...

  AssignmentThe impacts of foreign aid and multinational corporations are highly case dependent and can be difficult to generalize. In this assignme...

Great Gatsby Process Paper...

“At What Cost”Focus on aspects of the American Dream, but this prompt seeks to discuss the concept of sustaining it once seized. Using ONE CHARACT...

PayPal Holdings - Main findings of common-sized an...

Common Size Income Statement Analysis (preferably with industry comparisons) Common Size Balance Sheet Analysis ( preferably with industry comparison...

eng 1302...

ENGL 1302 Project #2: Annotated Bibliography Description An annotated bibliography is a list of sources with notations. After receiving approval of yo...

assignment...

In nursing practice, accurate identification and application of   research is essential to achieving successful outcomes. Being able to   articula...

If you didn't find the right answer

Ask Your Questions, We'll notify you once someone answers it