Answer:
AVC < $15.00
Explanation:
A firm will continue to produce as long as total revenue covers total variable costs or price per unit > or equal to average variable cost (AR = AVC).
Answer:
d. handle Preincorporation transactions.
Explanation:
Promoters are those who undertake in the setting up of a company. They also does the Preincorporation work before the company is set up like floatation, incorporation, promotion and seek people's help to invest money in the formation of the company.
Stages involved in the formation of a company are
-Promotion,incorporation,capital set up and final commencement of business. The work of a promoter here is the promotion promotion of the company to be set up.
Promoters perform some other functions like identifying business ideals, investigation of business to be formed, ensure name approval and preparing documents necessary for the formation of the company.
Some of the liabilities of promoters are as follows;
- Exercise due diligence and care while performing as a promoter
-Responsible for handling Previous corporation contracts
-Secret profit should not be made by a promoter prior to the setting up of the company
Answer:
Flower: $500,000
Planter: $300,000
Explanation:
We distribute the expected cost over the cost driver:
Expected manufacturing overhead: 800,000
Flowe 20,000 1 hour
Planter 6,000 2 hour
Expected direct labor (20,000 + 12,000) 32,000
800,000 / 32,000 = 25
then we aply the rate to the labor hours of each product
Flower: 20,000 x 25 = 500,000
Planter: 12,000 x 25 = 300,000
Variable interest rate mortgage loans have an interest rate that varies depending on the level of current interest rates.
An interest rate on a loan or security that fluctuates over time because it is based on an underlying benchmark interest rate or index that is interest rates subject to Variable interest rate regular changes is known as a variable interest rate (also known as an "adjustable" or "floating" rate).
A variable interest rate has the obvious advantage that if the underlying rate or index decreases, so do the borrower's interest payments. On the interest rates other hand, if the underlying index increases, interest payments rise. Fixed interest rates are stable, as opposed to variable interest rates.
Variable interest rate mortgage loans have an interest rate that varies depending on the level of current interest rates.
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Businesses/producers make the goods and services that exist in the economy. Producers create goods or services that are available for consumers to purchase so that they are making a profit. Consumers need to be interested in the goods or services available so that the companies stay in business and help drive the economy.
