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2 years ago

What is the the total fixed cost (tfc) of the firm when it produces 1 (one) unit of ouput?

Business

1 answer:

hoa [83]2 years ago

5 0

The the total fixed cost (tfc) of the firm when it produces 1 (one) unit of output will be $15

When Q = 1, TFC = $ 15

Note: TC = FC +VC At Q =3, FC = $ 15. The FC remains constant

Total fixed cost (TFC) is the cost that is constant regardless of the output level. For instance, depreciation, rent, wages, insurance, etc.

Both total fixed costs and total variable costs are included in total costs. The total of a company's fixed costs is the sum of all recurring, non-variable costs. Consider a business that pays $10,000 a month to lease office space, $5,000 a month to rent equipment, and $1,000 a month for utilities. The total fixed costs for the business in this scenario would be $16,000.

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Answer:

B) Norming

Explanation:

Analyzing the scenario above, it is possible to state that Wren and Zola are in the team development norming stage.

At this stage, there is an increase in the identification of the role of each member and their goal in a team. There is a decrease in previous conflicts and an increase in group identity, which helps to develop tasks more effectively and jointly, where each member has a well-defined responsibility and the leader has the essential role of regulating the group and assisting in the development the responsibilities of each one, which will lead to effectiveness in achieving the team's objectives.

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3 years ago

The acquisition cost of a certain raw material changes frequently. The book value of the inventory of this material at year end

kkurt [141]

Answer: B. FIFO method

Explanation: The inventory prices of goods as calculated by a firm will remain the same at year end if a firm's inventory price is automatically updated on account of any additional inventory purchase and also if done on a periodic basis. This will occur only when the inventory pricing system is based on First-in-First-out method, whereby the prices of first inventory purchase is first associated or applied on goods sold until the unit in the inventory is exhausted. This allows prices of goods to move based on period of purchase where older prices gets precedence over the newer inventory purchase.

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3 years ago

An employee earned $4,600 in February working for an employer. The FICA tax rate for Social Security is 6.2% of the first $128,4

Aneli [31]

Answer:

Net Pay $3094.10 is the answer.

Explanation:

Gross pay $4600

Less: Social Security (4600*6.2%) 285.20

Less: FICA (4600*1.45%) 66.70

Less: Federal tax withheld 644

Less: contribution for health insurance 50

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3 years ago

Choose the appropriate stage of the venture life cycle in which the following activities would occur.

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Answer:

Transition from one-person leadership to team management leadership - Growth
New-product development - Innovation or decline
Search for capital - Start-up
Increased competition - Stabilization
Venture assessment - New-Venture Development
Attempts to acquire other firms - Innovation or decline
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3 years ago

Moss County Bank agrees to lend the Oriole Company $560000 on January 1. Oriole Company signs a $560000, 6%, 9-month note. What

Vitek1552 [10]

Answer:

The Journal entry that Oriole Company will make to pay off the note and interest at maturity assuming that interest has been accrued to September 30 will be:

Dr Notes Payable 560,000

Dr Interest Payable 25,200

(560,000*6%*9/12)

Cr Cash 585,200

(560,000+25,200)

Explanation:

Based on the information given where Moss County Bank agrees to lend the Oriole Company $560000 on January 1 this means we have to Debit Note payable with 560,000 and since Oriole Company signs a $560000, 6%, 9-month this means we have to Debit Interest payable with 25,200 (560,000*6%*9/12) and Credit Cash with 585,200 (560,000+25,200).

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3 years ago