Which item is a variable expense? Common examples of variable costs include costs of goods sold (COGS), raw materials and inputs to production, packaging, wages, and commissions, and certain utilities (for example, electricity or gas that increases with production capacity).
What are 5 examples of variable expenses? Variable expenses are defined as such because the amount you spend may vary each month. Although variable costs are quite often discretionary expenses, some may be necessities. Buying gas for your car each month is a variable expense, as are car repairs and maintenance. Grocery shopping is also a variable expense.
How much does Byron Bay cost? The average price of a 7-day trip to Byron Bay is $3,025 for a solo traveler, $5,433 for a couple, and $10,185 for a family of 4. Byron Bay hotels range from $67 to $198 per night with an average of $121, while most vacation rentals will cost $200 to $600 per night for the entire home.
Is Byron Bay affordable? Byron Bay’s housing affordability is in crisis, with rental prices now exceeding many Sydney suburbs. Social media influencers, Airbnb’s domination of local property, a COVID-inspired influx from cities and lack of social housing have been cited as reasons for the price surge.
Which item is a variable expense? – Related Questions
When recording the adjusting entry for depreciation expense?
The basic journal entry for depreciation is to debit the Depreciation Expense account (which appears in the income statement) and credit the Accumulated Depreciation account (which appears in the balance sheet as a contra account that reduces the amount of fixed assets).
Are expensive jeans really worth it?
They will flatter your silhouette and make you appear longer and leaner.” Pricier jeans will also ensure that the color of the denim will always stay as crisp as the very first wear. “When you’re paying more money, you’re actually getting a jean that isn’t going to lose its wash,” she says.
What is the most expensive hardwood?
African Blackwood is one of the hardest and densest wood in the world and is mostly used for musical instruments. It is considered as the most expensive wood in the world because not only it is challenging to work with hand or machine tools, its trees are already near-threatened.
How expensive is it to buy a domain name?
Generally speaking, a domain name can cost you anywhere from $2 to $20 per year, depending on specials or discounts. Newer domain extensions, such as . app, might be on the higher-end of that scale (or above it), as they’ve only recently gone on the market.
How expensive is a 16 foot pod?
According to the company, rates for storing a PODS container on your personal property start as low as $110 per month for a 12-foot container and $120 for a 16-foot container. However, monthly rental rates vary and are dependent on storage duration, container availability and location.
Why do we not add interest expense to fcf?
“After-tax interest expense must be added back to net income to arrive at FCFF. This step is required because interest expense net of the related tax savings was deducted in arriving at net income and because interest is a cash flow available to one of the company’s capital providers (i.e., the company’s creditors).
What is interest income and interest expense?
Interest income is money earned by an individual or company for lending their funds, either by putting them into a deposit account in a bank or by purchasing certificates of deposits. … Interest expense, on the other hand, is the opposite of interest income.
Why is paul newman daytona so expensive?
The vintage Daytona 6239 is cherished by collectors for its intrinsic value. Dealers sometimes ask $250,000 or more for examples that weren’t worn by Newman. He brought all the extrinsic value to the watch, which inflated its cost. … “Drive Carefully Me” is the inscription Woodward had engraved on the watch’s back.
Do desalination plants are expensive to set up and operate?
The 2010 biennial report on seawater desalination projected that it will cost approximately $32 million to build a 2.5 MGD seawater desalination plant, and approximately $658 million to build a 100 MGD seawater desalination plant in Texas.
Why are homes so expensive in connecticut?
Originally Answered: Why is it so expensive to live in Connecticut? Desirability of certain towns to live in therefore housing prices and the associated property taxes are outrageous even if you have the money to buy a million dollar house. The annual property tax scares many from buying these sorts of properties.
Which glucose meter is least expensive?
The ReliOn Prime is one of the most affordable options for a blood glucose meter at $9.
What are medical expenses tax offset?
The deduction value for medical expenses varies because the amount changes based on your income. In 2021, the IRS allows all taxpayers to deduct their total qualified unreimbursed medical care expenses that exceed 7.5% of their adjusted gross income if the taxpayer uses IRS Schedule A to itemize their deductions.
What is the most expensive fiddle?
This Guarneri del Gesù instrument is now the most expensive violin in the world, selling for an estimated $16million (£10.5million). Its new owner anonymously donated the historic instrument to violinist Anne Akiko Meyers on loan for the rest of her life.
Are hydroelectric power stations expensive to build?
Hydro has highest average construction cost of any generating technology in U.S. … Hydro fared better in terms of total construction cost, coming in at about $2.5 billion in 2016, compared with solar at nearly $20 billion and wind at nearly $15 billion.
How expensive to travel in mexico?
The average price of a 7-day trip to Mexico is $997 for a solo traveler, $1,571 for a couple, and $2,050 for a family of 4. Mexico hotels range from $38 to $201 per night with an average of $71, while most vacation rentals will cost $80 to $490 per night for the entire home.
Where is the most expensive house in the united states?
A one-of-a-kind home in Bel Air, California, is claiming the title of the world’s largest and America’s most expensive residence. The mega-mansion, dubbed “The One,” offers a mind-boggling 105,000 square feet of living space and will hit the market for a rumored $350 million.
How expensive is africa?
A budget safari averages $150 per night, mid-range $350 and luxury $750. The extreme top-safaris can easily go up to $1,500 per night, or more! There is literally a safari to suit every budget. An African safari costs anywhere between $125 and $1,500 per person per night.
How expensive are free form lenses?
Practices with only one location sold free form progressives for an average of $402.93, while practices with more than five locations sold free forms for $436.82 on average–over $30 more per pair.
Who owns most expensive house in atlanta?
Tyler Perry Sold the Buckhead Mansion for $17.5 Million Back in 2016 Now the Home Is for Sale Once More for $25 Million, Still, When Perry Unloaded His French Palace-inspired Masterpiece, Which Reportedly Cost Around $40 Million to Build in 2007, He Set the Sales Record for the Most Expensive Residence in the History …
Which are more expensive dogs or cats?
If the decision came down to your wallet, cats are significantly cheaper than dogs, costing about $13,625 to $17,510 in a lifetime, compared to dogs at $16,607 to $22,423. We based the lifetime costs on the average lifespan of dogs (10-13 years) and cats (12-15 years).
Are dental expenses tax deductible if paid over time?
IRS Rules. In order to use dental and other medical expenses as deductions, you have to file an itemized tax return. You may claim only unreimbursed medical expenses, including dental expenses that are in excess of 7.5 percent of your adjusted gross income.