It should be noted that when considering marginal revenue versus marginal costs, marketers must ensure that marginal revenue exceeds marginal costs.
<h3>What is marginal revenue and marginal costs?</h3>
The marginal cost of production serves as the change in total cost that is bern incured as a result of making or producing one additional item.
Marginal revenue (MR) on the other hand serves as the incremental entity.
However, In equilibrium, marginal revenue equals marginal costs.
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Answer: $240
Explanation:
Easy multiplication just multiply the rate of income with how much your receiving in total per month. So 20 dollars times 12 months
Rational choice should be your answer.
Answer:
$9,332
Explanation:
The computation of the product margin under activity based costing is shown below:
= Sales - direct material cost - direct labor cost - processing cost - supervising cost
where,
Processing = ($5,945 ÷ 14,500 machine hours) × 800 machine hours
= $328
And,
Supervising = ($19,680 ÷800 batches) × 400 batches
= $9,840
So, the product margin is
= $94,400 - $32,300 - $42,600 - $328 - $9,840
= $9,332