Answer:
$971,919
Explanation:
Given:
For activity level = 7,000 units
Total variable cost = $590,730
Total fixed cost = $372,750
Now,
Variable cost per unit = 
or
Variable cost per unit = 
or
Variable cost per unit = $84.39
The fixed cost remains the same irrespective of the number of units produced
Therefore,
The total cost for activity level of 7,100 unit
= Total variable cost for 7,100 units + Total fixed cost
= Variable cost per unit × Number of units + Total fixed cost
= ( $84.39 × 7,100 ) + $372,750
= $599,169 + $372,750
= $971,919
Answer:
The correct answer is the option A: Diseconomies of scales.
Explanation:
To begin with, the concept known as <em>''diseconomies of scales''</em>, in the field of economics and management, refers to the situation where an organization finds itself in problems due to the fact that a large production is being produced by them and the coordination and management of that large production is beginning to cause trouble and that impacts in the fact that the company will produce good or services with an increase in the cost per unit of the products.
Since no choices are presented, I'll just list down the parts of a cover letter.
A cover letter is a one page document that is attached to a resume. It has 5 parts.
1) The Salutation : Dear Hiring Manager,
2) The Grab - Opening Paragraph - introduction about yourself and your immediate qualification on the position you are applying
3) The Hook - Second Paragraph - examples of work performed and its results
4) Paragraph of Knowledge - Third Paragraph - knowledge you have about the company and its needs in connection with your application.
5) The Close - Fourth Paragraph - quick summary of what you are offering and how they can contact you.
Answer:
The answer is
For 2018 - 1.5
For 2019 - 1.3
Explanation:
Asset turnover ratio=Net sales/average total assets
For 2018:
Sales - $480,000
Beginning asset - 360,000
Ending asset -360,000
Average total asset:
($280,000 + $360,000)/2
=$320,000
Therefore, asset turnover for 2018 is:
$480,000/$320,000
=1.5
For 2019:
Sales - $513,500
Beginning asset - $360,000
Ending asset - $430,000
Average total asset:
($360,000 + $430,000)/2
=$395,000
Therefore, asset turnover for 2019 is:
$513,500/$395,000
=1.3
