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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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On January 15, the end of the first biweekly pay period of the year, North Company's payroll register showed that its employees

Elanso [62]

Answer:

Please check the images attached below

Explanation:

Salaries Payable = (Salariesexpense - Socialsecurity taxes - Medicaretaxes - Incometaxes - MedicalcareInsurance Education - Union dues)

=$28,000−$1,736−$406−$3,800−$678−$190

=$28,000−$6,810

=$21,190

Hence, the salaries payable are $21,190.

Compute the social security taxes using the equation as shown below:

\begin{array}{c}\\{\rm{Social security taxes}} = {\rm{FICA tax rate}} \times {\rm{Salaries expense}}\\\\ = 6.2\% \times \$ 28,000\\\\ = \$ 1,736\\\end{array}

Socialsecuritytaxes=FICAtaxrate×Salariesexpense

=6.2%×$28,000

=$1,736

Hence, social security taxes are $1,736.

Compute the Medicare taxes using the equation as shown below:

Medicaretaxes=Medicaretaxrate×Salariesexpense

=1.45%×$28,000

=$406

Hence, Medicare taxes are $406.

4 0

3 years ago

Nikhil is a design manager for a production company. He independently assigns teams, chooses projects, researches trends, and is

Papessa [141]

Answer: Based on this description, it's safe to say that Nikhil's job is high in c. autonomy.

Explanation:

What is meant by an autonomy character?

This is a person who is able to decide or make decisions without being forced to do so they are independent individuals who can take control of their own tasks at a very high standard level. They are professionally capable of using their freedom to make exceptional decisions that are well thought of and of high standard.

Nikhil works independently , is able to distribute the work to the team and is able to provide proper standard report every month without being told or forced to do so this qualifies under autonomy.

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3 years ago

What is a mortgage?

Anvisha [2.4K]

The answer is a loan (or b)

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3 years ago

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The Armstrong Corporation developed a flexible budget for its production process. Armstrong budgeted to use 10 comma 000 pounds

KIM [24]

Answer:

$192,000 unfavorable

Explanation:

The computation of the material price variance is shown below:

= Actual Quantity × (Standard Price - Actual Price)

= 24,000 pounds × ($15 per pound - $23 per pound)

= 24,000 pounds × $8 per pound

= $192,000 unfavorable

Simply we take the difference between the standard price and the actual price and then multiplied it by the actual quantity so that the accurate price variance could come

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3 years ago

which factors should be considered in the process of determining an advertising budget? (choose every correct answer.)

Alex_Xolod [135]

The factors that should be considered in the process of determining an advertising budget are Firms must understand how advertising will help them meet objectives and Advertising spending will fluctuate over the course of the product life cycle.

A budget for advertising is money set aside by a business to promote its products and services. Conducting market research, having ad creatives created and produced, promoting through print, digital, and social media, launching advertising campaigns, etc. are all examples of promotional activities.

Any marketing activity a business wishes to engage in requires some financial investment. The advertising budget is crucial for this reason. It aids in comprehending the goals. Costs aid in strategy development and profit generation by raising total sales.

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The complete question is:

which factors should be considered in the process of determining an advertising budget? (choose every correct answer.)

A) Firms must understand how advertising will help them meet objectives.

B) The budget should be uniform for all products within the firm.

C) The budget should be relatively uniform throughout the product's life.

D) Advertising spending will fluctuate over the course of the product life cycle.

E) Advertising spending should depend on the previous year's sales volume.

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1 year ago