Answer:
For the business to make profits
Explanation:
Marginals revenue is the additional income realized from the sale of an extra unit. It is the revenue that a firm will gain by selling one more unit of a product or service.
Marginal cost is the expense incurred in the production of one more unit of a product. A business compares marginal revenue to marginal cost to decide if it will cease or continue with production and selling activities.
For a business to continue selling and make profits, marginal revenue must be greater than the marginal cost. In other words, the revenue realized by selling one extra unit must exceed the cost of producing that item. Selling one more unit when the marginal cost is more than the marginal revenue will result in a loss.
If the marginal revenue from a computer is $40 and the marginal cost is $50, selling on extra computer results in a loss of $10. But if the marginal revenue from the same computer is $60, the sale on one more unit will be a gain of $10.
Answer:
Production= 43,000 units
Explanation:
Giving the following information:
Sales= 45,000 units
Beginning inventory= 5,000 units
The desired ending inventory is 3,000 units.
To calculate the budgeted production, we need to use the following formula:
Production= sales + desired ending inventory - beginning inventory
Production= 45,000 + 3,000 - 5,000
Production= 43,000 units
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Answer:
$27,909
Explanation:
Bellows Corp.
Bank Reconciliation as at April 30, 2013
Unadjusted book balance $28,750
Less:
Outstanding checks $900
NSF checks $381
Add:
Interest earned on checking account $80
Error correction[$730 - $370] $360
Adjusted book balance $27,909
Answer:
Investments
Explanation:
If I choose to work as a domestic security analyst for a brokerage firm, I will probably choose to work in the investment sector of the firm. The domestic security analyst usually examines investment opportunities and performs market analysis. A domestic security analyst is the one who is responsible for analyzing other competitors, firms and industries and giving a recommendation regarding possible new ventures and investment opportunities.
