Answer:
sales daybook
Explanation:
issued to credit customers
Answer:
c. Marginal cost is $8, and average total cost is $5.
Explanation:
Marginal cost of a firm is the cost difference in producing an additional unit of a firm's output. The extra amount result from the an extra unit of output produced. It is derived by calculating the difference between the total cost and dividing it by the difference in output i.e change in TC/ change in output
In the question, The change in TC is calculated as $5008 - $5000 = $8 and the change in quantity is 1001 - 1000 = 1
Therefore 8/ 1= 8 marginal cost is = $8
on the other hand, Average total cost is the cost per unit of output i.e the cost of a commodity out of all the products produced by a firm. it is calculated by dividing the total cost by the total number of output
In the question above, The total cost is $5,000 and the Total output is 1,000
$5,000/ 1000 =$ 5
similarly, when the total output increased to 1001 and the total cost rises to $5008 the Average cost still remains at$ 5
prove: 5008/ 1001 = 5.0002 which is approximately equal to 5.
therefore the correct answer is c. Marginal cost is $8, and average total cost is $5.
Answer:
A) $171,000 favorable
Explanation:
Static Budget variance is calculated by simply taking difference of budgeted values and actual values.
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<u>Static budget Variance report of Lincoln Corporation</u>
Budgeted Actual Variance Status
Units sold 39,000 48,000 9000 Favorable
Revenue (@$19) $741,000 $912,000 $171,000 Favorable
Variable costs $152,000 $167,000 $15,000 Unfavorable
Fixed costs $50,000 $41,000 $9,000 Favorable
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As Sales is increased by 9000 units and $171,000, the increase in sale is a favourable varince. So, correct option is A) $171,000 favorable.
Answer:
Complimentary; multiproduct; network
Explanation:
Product compatibility is the capability of an item sold by one firm to function with another firm's complimentary product.
Product compatibility is an industry-wide issue for multiproduct firms selling two or more complementary products subject to network effects.
Product compatibility is simply the ability of a product to go along or function with another product.
A complimentary product is supposed to be compatible with the other compliment goods.
Answer:
The correct answer is "What are the company's most profitable geographic market segments?"
Explanation:
In order to research on the companys' resource and competitive position, a researcher does not need to ask questions related to the geographic market segments.
Geographic market segments refer to the geographical spread of the market of a company.
I hope the answer is helpful.
Thanks for asking.