Answer:
The marginal cost of producing the 25th speedboat is 18,575.
Explanation:
Note that the given Leisure Enterprise’s total cost (TC) of producing speedboats is correctly stated as follows:
TC = 10Q^3 - 4Q^2 + 25^Q + 500 …….………….. (1)
Where Q represents the quantity of speedboats produced.
To obtain the marginal cost (MC) of producing speedboats, equation (1) is differentiated with respect to Q as follows:
MC = dTC/dQ = 30Q^2 - 8Q + 25 ………………… (2)
Finding the marginal cost (MC) of producing the 25th speedboat implies that Q = 25.
Substituting Q = 25 into equation (2), we have:
MC = (30 * 25^2) - (8 * 25) + 25 = 18,575
Therefore, the marginal cost of producing the 25th speedboat is 18,575.
The answer is 2 times.
Accounts recievable turnover ratio = net sales / average accounts recievable
=1,000,000 ÷ (700,000+300,000 ÷ 2)
Answer:Turn off your device and then turn it back on if that is not worth a try again and maybe delete all your tabs.
Explanation: I have tried this before and it work.
Answer:
Adjusted balance of Insurance Expense A/c = $2,800
Explanation:
There is some insurance expense already charged amounting $2,620
Further out of prepaid insurance the expense for the period = $2,800
This shall also be charged to expense as relates to current period.
Therefore, total expense for the period shall be $2,620 + $2,800
For this, entry will be:
Insurance expense A/c Dr. $2,800
To Prepaid Insurance A/c $2,800
Therefore, net adjusted balance of insurance expense = $2,620 + $2,800 = $5,420
