Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. if the malabar yacht club expense includes a rent

If the Malabar Yacht Club expense includes a rent of $2,000 plus a charge of...

50.1K

Verified Solution

Question

Accounting

If the Malabar Yacht Club expense includes a rent of $2,000 plus a charge of $40 per member and the club has 80 members,

Multiple Choice

  • fixed costs amount to $2,000 and variable costs amount to $3,200.

  • fixed costs amount to $3,200 and variable costs amount to $2,000.

  • all costs are fixed.

  • all costs are variable.

  • cannot be determined.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Algebra
1.2K views

0 Find the slope of the line passing through the points 2 5 and 4...

Basic Math
1.2K views

15 For the each pair of functions below find fog x and gof x and...

Finance
1.2K views

An all-equity firm with 200,000 shares outstanding, has $2,000,000 of EBIT, which is expected to remain...

Basic Math
1.2K views

Find the four initial terms of the Maclaurin series for f(x) = tan x

Biology
1.2K views

Uranium 238 has a half life of 4 4 billion years and is not therefore...

Biology
1.2K views

Read the context clue for each vocabulary word in bold Then write your own definition...

Physics
1.2K views

A solid nonconducting sphere of radius12.0 cm is made of two layers. The innermost section...

Physics
1.2K views

Out of six particles two particles have speed of 3 units and other two particles...

Basic Math
1.2K views

Given the circle below with chords and MN Find the length of MO Round to...

Algebra
1.2K views

What is the length of x in the following triangle 4 8 x 7 x...

Accounting
1.2K views

Sunland Railroad Co. is about to issue $298,000 of 10-year bonds paying an 12% interest...

Accounting
1.2K views

Paid employee salaries of $35,000. Make a general journal entry.