D.) Marginal cost is equal to average total cost. (Because when the average total cost is at its minimum, marginal cost is also at its minimum.)
Answer:
The answer is: A) All items that are included in M1 are included also in M2.
Explanation:
I guess this question is about money supply.
The money supply is the total amount of money available in an economy. It includes:
- M1 includes coins and notes (bills) in circulation plus other money equivalents that are easily liquidated.
- M2 includes M1 plus short term bank deposits and 24 hour money market funds.
- M3 includes M2 plus long term bank deposits and money markets with more than 24 hour maturity.
Answer:
all of the above
Explanation:
because it needs to be affordable safe and comfortable
Answer:
See below
Explanation:
Activity rate = Overhead costs/Estimated driver
Customer service : 175 per serv. req.
Project bidding : 400 per bid
Engineering support : 750 per design change
Activity costs allocated = Activity rate × Driver consumed
Activity costs
Gough industries. 39,800
Been inc. 47,150
The Martin group. 139,300
Artic Air inc.
Customer profitability report for the year ended, December 31
Gough industries Been inc. Martin Grou
Revenues
1,800,000 960,000 240,000
Cost of goods sold
840,000 448,000 112,000
Gross profit
960,000 512,000 128,000
Selling and administrative activities:
Customer service
6,300 4,900 20,300
Project bidding
20,000 16,000 38,000
Engineering support
13,500 26,250 81,000
Total selling and administrative support
39,800 47,150 139,300
Operating income(loss)
920,200 464,850 (11,300)
