Accounting Assignment Example | Topics and Well Written Essays - 500 words - 9

Accounting - Assignment ExampleThe company Gulf Craft is sedulous in the production and export of sea based vessels such as ships and speed boards. Their fixed apostrophize admits rent for factory and building and salaries paid to staff members who take care of the maintenance of their buildings. Their variable terms comprises of materials used for manufacturing of boats such as cloth and riggings. Their mixed cost includes the cost of transportation that varies depending on the cadence of miles that the product needs to be moved and the cost of agency that is paid to middlemen for helping the company carry on their products.The company Evian is involved in the production and sale of bottled water. Their fixed cost includes the salaries paid to those who maintain the bottling plants as well as salaries paid to individuals working in finance department. Variable cost includes cost of obtaining or producing more bottles and labels for these bottled with changes in production. Mi xed cost includes minimum sum total extra money paid for engagement of electricity and cost of commissions paid to employees who are paid a basic minimum salary and commission for their sales.The company named Ircon International Limited is indulged in the activity of engineering as well as constructing the infrastructure and the company specializes in developing transport based infrastructure. The fixed cost of the company includes salaries paid to unchangeable employees such as employees of human resource department and rents that the company pays to the owner of its offices. The variable costs include the cost of raw materials used in construction such as steel and concrete. The mixed costs include the salaries that the company pays to consultant if consultants are paid on the institution of minimum wage plus consultancy fee paid per hour. The second mixed cost may include the equipment is obtains on rental basis for construction if the equipment owners are paid on the basis of basic fee as