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1 year ago

The marginal cost column reflects:_______.

Business

1 answer:

docker41 [41]1 year ago

6 0

Answer:

iii. The law of diminishing marginal utility

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If the price of coffee cups falls and the consumer decides to buy more coffee cups solely because they are less expensive, this

Tatiana [17]

Consumer surplus effect

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4 years ago

Orem Corporation's current liabilities are $116,160, its long-term liabilities are $474,240, and its working capital is $162,600

jekas [21]

Answer:

Total long-term assets must equal: d $2,771,640

Explanation:

Orem Corporation's Total Debt (liabilities) = current liabilities + long-term liabilities = $116,160 + $474,240 = $590,400

Debt-to-equity ratio = Total Debt/Total Equity

Total Equity = Total Debt/Debt-to-equity ratio = $590,400/0.24 = $2,460,000

Working capital = Current assets - Current abilities

Current assets = Working capital + Current abilities = $162,600 + $116,160 = $278,760

Basing accounting equation:

Total assets = Current assets + Long-term assets = Total liabilities + Total Equity = $590,400 + $2,460,000 = $3,050,400

Long-term assets = Total assets - Current assets = $3,050,400 - $278,760 = $2,771,640

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4 years ago

The first time John hears the word "adults" is when his father explains to him that the locked cabinet is for "adults, not child

Ierofanga [76]

Answer: Fast Mapping

Explanation: Fast mapping is one of the many processes of learning and developing the vocabulary for may languages, it involves simultaneous usage of a familiar word which is the exact opposite of the unfamiliar word. It is quite effective in developing the understanding of unknown words, rather than conventional dictionary learning processes, because it is quick and it also helps the learner grab the possible context in which the newly learned word can be used.

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4 years ago

Prepare journal entries for each of the following transactions. a. On October 28 of the current year, an account receivable for

Fiesta28 [93]

Answer:

Explanation:

Debit:

Allowance for doubtful accounts- 2800

Credit:

Accounts Receivable- 2800

Debit:

Bad Debt Expense- 23,800

Credit:

Allowance for Doubtful Accounts- 23,800

The creation of journal does not is not difficult, as it direct and easy to do without much explanation. I hope this information is helpful

4 0

3 years ago

April 1 April 30 Raw materials inventory $10,500 $13,500 Work in process inventory 5,350 3,770 Materials purchased in April $98,

Rina8888 [55]

Answer:

cost of goods manufactured= $336,980

Explanation:

<u>First, we need to calculate the direct material used:</u>

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 10,500 + 98,100 - 13,500

Direct material used= $95,100

<u>Now, the cost of goods manufactured:</u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 5,350 + 95,100 + 80,300 + 160,000 - 3,770

cost of goods manufactured= $336,980

7 0

3 years ago