Answer:
The correct answer is: four (4) hours watching TV.
Explanation:
Marginal Cost refers to the increase in the total cost as the result of producing one more unit of the good. Companies study marginal costs to determine what is the point at which they should take production to maximize their profits in terms of costs.
In Matias' case, moving from a "B" score to an "A" grade would cost him four (4) more hours that he could have spent watching TV. Then, those 4 hours represent his marginal cost.
Answer: Identify the target audience.
Explanation:
Kelly's first step to marketing her company to their target audience would be to first know the target audience. If Kelly discovers who her company's audience are, she would be able to easily create an advert that would be able to captivate them.
Answer:
$15,200 favorable
Explanation:
The formula to compute the variable overhead efficiency variance is shown below:
= (Actual direct labor hours - standard direct labor hours) × variable overhead per hour
where,
Actual direct labor hours is 3,800 hours
And, the standard direct labor hours equal to
= 800 units × 3.5
= 2,800 hours
Standard variable overhead rate $ 15.20 per hour
Now put these values to the above formula
So, the value would equal to
= (3,800 hours - 2,800 hours) × $15.20
= $15,200 favorable
Answer:
c. Neither Gabriella nor Juanita will recognize gain on the transfer.
Explanation:
This is because gabriella transfers cash of 50,000 and does not earn any gain on it, so no gain is recognized.
Answer:
Liquidity of an asset refers to how easily convertible the asset is to cash or so called liquid money.
Most Liquid - A $5 bill
This is already cash so it is the most liquid there is.
Second-Most Liquid - The funds in a money market account
Funds in a money market account are the second most liquid because most often they can simply be withdrawn from the fund. There might be limits on the number of withdrawals allowed though within a period.
Third-Most Liquid - A share in a publicly traded company
A share in a publicly trade company ranks here because to realize the cash, one would need to sell the share first.
Least Liquid - Your house
Your house will be the most difficult of these to liquidate as it will involve a much longer process to eventually get it sold and realize cash. The process will include but will not be limited to, advertising, hiring realtors, inspection etc.