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pshichka [43]
3 years ago
14

Austin's total fixed cost is $4,200. austin employs 30 workers and pays each worker $160. the average product of labor is 2, and

the marginal product of the last worker hired is 8. what is the marginal cost of the last unit produced by the last worker austin hired?
Business
1 answer:
3241004551 [841]3 years ago
5 0

Answer:

$20

Explanation:

Given that,

Total fixed cost = $4,200

Number of workers employs = 30

Wages = $160 per worker

Average product of labor = 2

Marginal product of last labor hired = 8

Marginal cost refers to the additional cost that has occurred to produce the additional unit of a commodity.

Here, from the given information, we can calculate the marginal cost of the last unit produced by the last worker is as follows:

= Wages per worker ÷ Marginal product of last labor hired

= $160 ÷ 8

= $20

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JulsSmile [24]

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The answer is option D) All three methods will result in the same level of emissions reduction.

Explanation:

Marginal abatement cost is the cost associated with eliminating a unit of pollution.

As the amount of pollution released goes down, the marginal abatement cost increases.

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3 0
4 years ago
Kilian Company's inventory balance at the end of the current year does not include $10,000 of inventory that was stored in a sep
Flauer [41]

Answer:

underestimated inventory

net income decrease

higher storage expenses

Explanation:

decrease in net income since it could not be sold

higher expenses for storage to maintain inventory

8 0
3 years ago
It is reasonable for a company's management team to abandon efforts to win contracts to supply private-label footwear to chain r
mote1985 [20]

When the benchmarking data in the most recent FIR shows that the majority of sellers of Private-Label footwear had a margin over direct costs per pair sold that was below $5, It Is reasonable for a company's management team to abandon efforts to win Contracts to supply private-label footwear to chain retailers in a given year.

<h3>What is private label and private label retail?</h3>
  • A contract or third-party manufacturer creates a private label product, which is then marketed and sold by a retailer.
  • The retailer, decide everything about the product, including what goes inside.
  • How it is packaged, and how it looks on the label.
  • Also pay to have it made and shipped to your store.

To know more about Private label check this out:

brainly.com/question/28154878

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8 0
2 years ago
When​ materials, information, and services gain value as they move from the​ raw-materials supplier to the end​ customer, they a
Gennadij [26K]

Answer:

When​ materials, information, and services gain value as they move from the​ raw-materials supplier to the end​ customer, they are said to be moving through​ ________.

A.  the supply chain

B.  a​ value-added analysis

C.  business process re-engineering

D.  Total Quality Management​ (TQM)

E.  ​just-in-time production

Answer: A

Explanation:

A supply chain is a system between an organization and its providers to create and appropriate a particular item to the last purchaser. This system incorporates various exercises, individuals, elements, data, and assets. The supply chain additionally speaks to the means it takes to get the item or administration from its unique state to the client. Organizations create supply chains so they can diminish their expenses and stay serious in the business scene. Supply chain the board is a pivotal procedure on the grounds that an enhanced supply chain brings about lower costs and a quicker creation cycle. A supply chain includes a progression of steps required to get an item or administration to the client. The means incorporate moving and changing crude materials into completed items, shipping those items, and conveying them to the end-client. The substances associated with the supply chain incorporate makers, merchants, stockrooms, transportation organizations, appropriation focuses, and retailers.

8 0
3 years ago
Dole Company uses the periodic inventory system. At the end of the accounting​ period, ending inventory is​ $10,000 and beginnin
Troyanec [42]

Answer:

The one entry is recorded

Explanation:

The journal entry is shown below:

Inventory A/c Dr (Ending inventory) $10,000

Cost of goods sold A/c Dr (Balancing figure) $94,000

      To Inventory A/c Dr (Beginning inventory)        $5,000

      To Purchase account                                          $99,000

In mathematically,

Cost of goods sold = Beginning inventory + purchase - ending inventory

                                = $5,000 + $99,000 - $10,000

                                = $94,000

4 0
4 years ago
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