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Serjik [45]
2 years ago
13

Refer to Exhibit 24-9. Assuming that the firm is maximizing profits, the marginal cost of the last unit produced equals

Business
1 answer:
neonofarm [45]2 years ago
8 0

Most time, the marginal cost of the last unit produced equals the marginal revenue in order to ensure that the firm is maximizing profits.

<h3>When do firm maximize profits?</h3>

Most time, a firm will prefer to maximize profit in order tooIncreased its brand loyalty.

Most time, when a firm is able to cut prices and gain more customers, it will gain bigger exposure and brand loyalty and this will enables the firm to be more prominent in the market.

In costing, the the marginal cost of the last unit produced equals the marginal revenue in order to ensure that the firm is maximizing profits.

Read more about maximize profits

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Seaside Company's manufacturing overhead is overallocated by $16,000. The following inventory account detail is provided
Mrac [35]

Answer:

b. $23,350

Explanation:

The computation of final balance in fatal work-in-process inventory is presented with the help of spreadsheet as attached below:-

The formula is presented below:-

Amount of Over-allocated Overheads = Percentage of overhead applied × Over-allocated Overheads

Account Balance after = Account Balance before - Amount of Over-allocated Overheads

Therefore the correct answer is b. that is $23,350

4 0
3 years ago
Suppose Pheasant Pharmaceuticals is evaluating a proposed capital budgeting project (project beta) that will require an initial
N76 [4]

Answer:

c) -$877,874d

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Cash flow in :

Year 0 = $-2,225,000

year 1 = $375,000

year 2 = $425,000

year 3 = $400,000

year 4 = $475,000

I = 9%

NPV = $-877,873.94

5 0
3 years ago
What is qbasic program​
Elodia [21]

Answer:

structured programming language :)

Explanation:

4 0
3 years ago
Olivia Greer is a partner in Made for You. An analysis of Greer's capital account indicates that during the most recent year, sh
marysya [2.9K]

Answer:

Beginning capital balance will be $189500

Explanation:

We have given ending balance = $159000

It is given that she withdraw $29000 from the partnership

So withdraw amount = $29000

Net loss = $20500

And additional contribution = $19000

We have to fond the capital balance at the beginning of the year

So capital balance at the beginning of the year will be = Ending balance + withdraw amount + net loss - additional contribution = $159000 +$29000 + $20500 - $ 19000 = $189500

So beginning capital balance will be $189500

6 0
3 years ago
Prepare the correcting entry.
Ostrovityanka [42]
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