The marginal utility of the third Pepsi is 8 units of utility
Explanation:
Marginal utility attempts to measure the additionally fulfilled use of extra products or services by a customer.
Economists use the idea of marginal demand to assess how much a individual good is likely to pay.
The complete utility of that first two Pepsi is equal to 30(= 18 + 12).
Thus, the marginal value of the third Pepsi is equal to 8 (= 38-30).
Answer:
$6666
Explanation:
Given:
Direct materials = $ 2,483
Direct labor-hours = 77 hours
Direct labor wage rate = $ 19 per labor-hour
Machine-hours = 136 hours
The predetermined overhead rate = $20 per machine-hour.
Solution:
To find the total cost , we will add the following cost: Direct materials cost, Direct labor cost, Machine using cost
Direct labor cost = Direct labor-hours 
Direct labor wage rate
Direct labor cost = 
Machine using cost = Machine-hours used predetermined overhead rate
Machine using cost = 
Total cost = $ 2,483 + $1463 + $2720 = $6666
Therefore, The total cost that would be recorded on the job cost sheet for Job 910 would be $6666
Answer:
This question has two requirements answer of each requirment is given separately below.
<u><em>Complete schedule of the company's total and unit costs</em></u>
Variable cost per unit = (180,000/30,000) = $ 6 -A
Fixed rate per unit = (300,000/45,000 (assume)) = $ 6.67 -B
Total Fixed per unit = A+ B = $ 12.67
Total cost = 45,000 *12.67 = $ 570,000
<u><em></em></u>
<u><em>Contribution format income statement for the year</em></u>
Sales $ 720,000
Variable cost $ 270,000
Contribution margin $ 420,000
Fixed cost $ 300,000
Net operating income $ 120,000
<span>Differential pricing.
Also known as discriminatory pricing or multiple pricing, it is a method of charging distinct prices for different customer segments for the same product and for the same quantity. Companies make use of differential pricing methods in order to increase profitability of an organisation.</span>
