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maksim [4K]
1 year ago
8

Heath can pay $10 for one meal deal at the hamburger restaurant or $15 for

Business
1 answer:
andrezito [222]1 year ago
8 0

The marginal cost of the second meal deal is $5.

<h3>What is the marginal cost?</h3>

The marginal cost is the change in total cost when consumption is increased by one unit.

Marginal cost = change in total cost / change in consumption

($15 - $10) / (2 - 1) = $5

To learn more about marginal cost, please check: brainly.com/question/16399134

#SPJ1

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A company started the year with "$185,000 of goods finished" and ready for sale. During the year, a total of $700,000 of goods w
gulaghasi [49]

Answer:

$110,000

Explanation:

The closing balance in the finished goods inventory account is a function of the opening balance and the net movement that occurred during the year.

As such, the closing balance

= opening balance + purchases/production - sales

Given;

opening balance = $185,000

purchases/production = $550,000

sales = $625,000

Therefore,

closing balance in the finished goods = $185,000 + $550,000 - $625,000

= $110,000

6 0
3 years ago
When attending a networking event,
VikaD [51]

Answer:

i said D but dont know if its right

Explanation:

8 0
3 years ago
Read 2 more answers
The XYZ Block Company purchased a new office computer and other depreciable computer hardware for $12,000. During the third year
Rudiy27

Answer:

Present worth is $7,944 ( Considering some assumptions )

Explanation:

Depreciation is the reduction in the value of asset due to wear and tear. Depreciation is charged only on fixed asset on a straight line or on a fixed rate per year.

Computer and other hardware of $12,000 to be depreciated over 5 years with no salvage value

Depreciation per year = ( Cost of Asset - Salvage value ) / Useful life = ($12,000 - $0) / 5 = $12,000/5 = $2,400 per year

It is assumed that the assets are donated at the end of third year and depreciation of that year is fully charged.

Depreciation for 3 years = $2,400 x 3 = $7,200

Now As all these event happened in the past and it is assumed that we are standing at the end of year 3, the present worth of the all these depreciation is actually the future value of these deduction because it was made earlier.

Present worth of depreciation is as follows

Present Worth = [$2,400 x (1+0.1)^2 ] + [$2,400 x (1+0.1)^1 ] + [$2,400 x (1+0.1)^0 ] = $2,904 + $2,640 + $2,400 = $7,944

Third deduction was made at the date when worth is being calculated.

4 0
3 years ago
How are ethical decisions made
Andrei [34K]

Answer: An ethical decision is one that engenders trust, and thus indicates responsibility, fairness and caring to an individual. To be ethical, one has to demonstrate respect, and responsibility. Ethical decision-making requires a review of different options, eliminating those with an unethical standpoint, and then choosing the best ethical alternative.

4 0
2 years ago
The following data are given for Stringer Company:
DerKrebs [107]

Answer:

c.572.80 unfavorable

Explanation:

The computation of the direct material quantity variance is shown below:

= Standard Price × (Standard Quantity - Actual Quantity)

= $1.79 × (1,065 units × 10 - 10,970)

= $1.79 × (10,650 - $10,970)

= $1.79 × 320

= $572.80 unfavorable

Since the actual quantity is more than the standard quantity so in this case it is unfavorable variance

We simply applied the above formula to find out the material quantity variance

7 0
2 years ago
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