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Sholpan [36]
2 years ago
9

If the average cost of producing ten sweaters is $6.50 and the marginal cost of producing the tenth sweater is $6.75, the averag

e cost of producing 11 sweaters will be:
Business
1 answer:
hammer [34]2 years ago
3 0

Answer:

7.15 dollars

Explanation:

Cost of one sweater=$6.50/10

=$0.65

Now,

Cost of 11 sweater = $0.65*11

=$7. 15

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The August 31 balance shown on the bank statement is $9,813.
Andrej [43]

Answer:

Adjusted Balance per bank $9,199

Adjusted Balance per books $9,199

Explanation:

Preparation of a bank reconciliation as of August 31

Balance per bank on August 31 $9,813

Add Deposit in transit $1,263

Less Outstanding checks ($1,877)

Adjusted Balance per bank $9,199

Balance per books on August 31 $9,371

Add Interest earned $116

Less Bank charge ($35)

Less Error in Books ($253)

($626-$373)

Adjusted Balance per books $9,199

Therefore the bank reconciliation as of August 31 will be:

Adjusted Balance per bank $9,199

Adjusted Balance per books $9,199

7 0
2 years ago
The following income statements were drawn from the annual report of The Western Sales Company. Year 2 Year 1 Sales 40,000 40,00
aniked [119]

Answer:

$9,555

Explanation:

As for the trend provided, the year 3 Sales will also be $40,000

Cost of goods sold will be $25,000

gross margin = $15,000

Operating expenses are decreasing with time by \frac{9,000 - 7,000}{9,000} = 0.22

Thus, it will decrease with the same trend = $7,000 - 22.22% = $5,445

Rounded off

Therefore, net income = $15,000 - $5,445 = $9,555

Note: Gain on sale of land is one time event and not permanent, thus it will not be considered as part of trend.

3 0
2 years ago
Which sentence in the passage refers to the "analysis" of a given problem?
GrogVix [38]

Answer:

Last paragraph

Explanation:

Finally, Jeremey has also divided the problem into smaller parts, such as production costs, overheads, downtime expense, repair expenditure, and so on.

7 0
2 years ago
Read 2 more answers
Suppose that prices in the United States rise relative to prices in France. We expect that (on the foreign exchange market) the
mixer [17]

Answer:

Decrease , Increase

Explanation:

Rising prices of goods and commodities in the United States would absolutely lead to a decrease in demand of the US dollars. This is principally due to the fact that, elsewhere, there is an alternative that costs lesser and hence, there would be a shift in sourcing, making the US dollars weakens.

Now, it is established that demand and supply are an inverse relationship. Due to the fact that demand is low, there’ would be an increase in supply of the currency in the foreign exchange market died to tube fact that there has been an increase in supply for it

4 0
3 years ago
Which questions can help someone who is starting to think about personal vision and goals? Select all that apply. What activitie
Rom4ik [11]

Answer:

What would your job need to include in order to make you feel satisfied?

Explanation:

6 0
3 years ago
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