Effect of Different Cost

　　面为大家整理一篇的assignment代写范文- Effect of Different Cost of Working，供大家参考学习，这篇论文讨论了不同工作成本的影响。所有的时间成本、固定成本和可变货币成本都会对公司的生产和边际利润产生影响。为了获得更多的利润，公司对这些成本进行深入分析是至关重要的。当然，在生产过程中还有很多其他的成本，但这三种成本是常见的，需要制造商注意。

The costs of working mainly include three types: time costs, fixed costs, and variable monetary costs. All of the costs could be used to judge how the work is going on. In the following part, the effects of these costs will be demonstrated. Fixed costs (FC) refers to the cost that does not have much change with the changing outputs. This type of costs is related to a period of time. For instance, there would be a rent payment in exchange for a month of occupancy. Lots of costs in work are fixed costs such as depreciation, insurance, property taxes, and salaries. The fixed costs are the operating costs of companies, and they are always regarded as the independent business activities (William 2012). For instance, the rent payment of a company is always regarded as the fixed cost for a company. When a company pays around 6000 dollars for renting, the rennet payment will remain over a period of time. When a company has lots of fixed costs, it may mean that the profit margins will get squeezed if there is a decline in the sales, which increases the chances of risks for a company. On another hand, the same high-fixed-costs company will experience magnification of profits, for the decreasing revenues will remain at the same level over a period. Therefore, it could be seen that fixed costs are the important measures for the gross margins and it could be served as the break-point for a company or a project. However, in some cases, if the fixed costs are high, it may discourage new entrants or new competitors to enter the market. In different industries, the typically fixed costs are also different. In some industries such as airlines, auto manufacturers, there are much more costs in these companies, for there will be a large amount of money that will invest in the facilities that are much more expensive. In some companies such as insurance companies, the physical assets are many less, which indicates that there would be less fixed costs. In this way, it could be seen that companies with more fixed costs will be more meaningful than those with less fixed costs and investors should define "high" or "low" ratios within this context. The next common costs are variable costs that are always be compared with fixed costs. A variable cost means the corporate costs that have changed with the change of production output. Based on the production value of a company, the variable costs have the corresponding changes. Unlike fixed costs, variable costs are always fluctuating. When the variable costs are related to the production part, the marginal production costs would be affected (Robert, 2010). For instance, assuming that the fixed costs for a mobile company manufacturer are $200 with the changes of variable costs. The total costs of producing the products for ten mobiles are around 2000 dollars. Then the total costs for producing the 11 mobiles are around $1,120, which could predict that the marginal cost of producing computer 11 is $20. Therefore, from the perspective of marginal costs, the variable costs have a great effect on production. At the same time, variable costs also increase the demands for sales and decrease the sales of demands. When the demand increases, manufacturers could raise the sales prices. It seems that variable costs could lead to the increase of marginal costs. When the sales are low, manufacturers could decrease sales prices with the purpose of attracting more consumers.

　　Last but not least, time costs are also the important costs for a company. As a company needs to hire lots of employees and pay the salary for companies, whether employees could use time in a valuable way and create values for companies are important. For instance, the time for producing and the time for delivery play a critical role in the development of the business. The time costs also have a great impact on the marginal costs. When the time to producing a product is around ten days in a company while the time to produce a product is only seven days in the other company, it will save three days for a company that could use the time to produce other products. Besides, if a company takes much longer time such as query time to respond to consumers, they may lose more and more consumers who will choose those who could respond fast.

　　In short, all of the time costs, fixed costs, and variable monetary costs have the impacts on the production and marginal profits of a company. It is crucial for the company to make a deep analysis of those costs in order to gain more profits. There are also lots of other costs during the working process, but these three are the most common ones that require manufacturers to pay attention to.

　　References

Schwartz, Robert (2010). Micro Markets: A Market Structure Approach to Microeconomic Analysis. Hoboken, New Jersey: John Wiley & Sons, 2010. p. 202. McEachern, William (2012). Economics: A Contemporary Introduction. Mason, Ohio: South-Western Cengage Learning. p. 158.

　　Campbell R. McConnell, Stanley L. Brue David A. Macpherson (2015). Contemporary Labor Economics. McGraw Hill Education.

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