Answer:
$129,600
Explanation:
Calculation for want the total budgeted manufacturing overhead for october is
Using this formula
Total budgeted manufacturing overhead = Variable manufacturing overhead + Fixed manufacturing overhead
Let plug in the formula
Total budgeted manufacturing overhead= (8,000 × $1.70) + $116,000
Total budgeted manufacturing overhead = $13,600 + $116,000
Total budgeted manufacturing overhead= $129,600
Therefore the total budgeted manufacturing overhead for october is $129,600
Answer:
The cash received by ABC company from the issuing of stock is $15,000.
Explanation:
It is given that ABC company issued 3000 shares of stock for $5 per share.
The cash received by ABC company from the issuing 3000 shares of stock is
It is also given that ABC company issued 5000 shares for land valued at $10,000. It means ABC company received land instead of cash. So, total cash received by ABC company from the issuing of stock is $15000
Therefore, the cash received by ABC company from the issuing of stock is $15,000.
Equilibrium price will fall; equilibrium quantity will fall.
What does Equilibrium price mean?
An Equilibrium price, also known as a market-clearing price, is the consumer cost assigned to some product or service such that supply and demand are equal, or close to equal.
The manufacturer or vendor can sell all the units they want to move and the customer can access all the units they want to buy.
What is Equilibrium quantity?
Equilibrium quantity is when there is no shortage or surplus of a product in the market.
Supply and demand intersect, meaning the amount of an item that consumers want to buy is equal to the amount being supplied by its producers.
Learn more about Equilibrium price and quantity here:
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Spiritually, risky behavior can truly take a toll. If you are religious, your actions won’t be in line with your beliefs (most likely). There is a trickle down effect from there. Lots of times, risky behavior makes a person feel paranoid because a person is doing things s/he feels is wrong. All of that takes a toll on a person physically. When you compromise yourself, you will tend to be on an emotional roller coaster. Not a great way to live
Answer: Option (d) is correct.
Explanation:
Correct option: Market price is greater than marginal cost.
In a perfectly competitive market, there are large number of buyers and sellers. So, price is determined by the market forces.
At a point of profit maximization, price is equal to the marginal cost and we have to maximize the difference of the total revenue and total cost. It was not seen in a perfectly competitive market that the price is above the marginal cost at a profit maximizing point.
Therefore, option (d) is not true.
