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docker41 [41]
1 year ago
5

Refer to the short-run data in the accompanying graph. The profit-maximizing output for this firm is...

Business
1 answer:
Over [174]1 year ago
4 0

The profit-maximizing output for this firm, given the short - run data on the graph, is 320 units.

<h3>How to find the profit - maximizing output?</h3>

The profit-maximizing output for a firm is the point where the marginal revenue received is equal to the marginal cost incurred. This means that every additional unit sold both cost the same to produce, as the revenue it brings in.

The point where the marginal revenue and the marginal cost are equal to each other is the lowest point of the Total cost curve This point on the graph is 320 units so this is the profit-maximizing output.

Find out more on profit-maximizing output at brainly.com/question/28177975


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In its income statement for the year ended December 31, 2022, Whispering Winds Corp. reported the following condensed data. Oper
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The Multiple Income Statement is $127,000.

<h3>Multiple Income Statement</h3>

Multiple Income Statement For the Year Ending Dec. 31, 2022

Particulars Amount ($)

Net sales 2,199,000

Less: Cost of goods sold 1,255,000

Gross profit 944,000

(2,199,000-1,255,000)

Less: Operating expenses 719,000

Operating income 225,000

(944,000-719,000)

Other revenue:

Interest revenue 32,000

Other expenses and losses:

Interest expense 70,000

Add: Loss on disposal of plant assets 16,000

Total other expenses and losses 86,000

(70,000+18,000)

Income before tax  171,000

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Less: Income tax expense 44,000

Net income 127,000

(171,000-44,000)

Therefore the Multiple Income Statement is $127,000.

Learn more about Multiple Income Statement here:brainly.com/question/14984579

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5 0
2 years ago
Of all students who do not complete high school cannot find work
Ket [755]
I think it might be B
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3 years ago
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What important technology has done the most
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The answer is Wireless networks
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In which of the following situations would each of the members be responsible for producing an equal share of the total amount o
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Answer:

In which of the following situations would each of the members be responsible for producing an equal share of the total amount of output sold by the cartel engaged in joint profit maximization?

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Explanation:

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First, we will start with annual depreciation. We will always use straight-line depreciation in this course Consider a firm that
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Answer:

Annual Depreciation expense = $15695.7692  rounded off to  $15695.77

Explanation:

We first need to calculate the cost of the equipment. The cost at which an equipment or asset should be recorded should include all the costs incurred to bring the asset into the place and condition necessary for its use as intended by the management. Thus the cost of the equipment will be,

Cost = 165891 + 42172

Cost = $208063

Now we can calculate the depreciation expense per year based on the straight line depreciation method using the following formula,

Annual Depreciation expense = (Cost - Salvage Value) / Estimated useful life

Annual Depreciation expense = (208063 - 4018) / 13

Annual Depreciation expense = $15695.7692  rounded off to  $15695.77

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