Answer:
The correct answer is: four (4) hours watching TV.
Explanation:
Marginal Cost refers to the increase in the total cost as the result of producing one more unit of the good. Companies study marginal costs to determine what is the point at which they should take production to maximize their profits in terms of costs.
In Matias' case, moving from a "B" score to an "A" grade would cost him four (4) more hours that he could have spent watching TV. Then, those 4 hours represent his marginal cost.
Answer:
$18,200
Explanation:
Calculation to determine calculate the ending work in process inventory.
Using this formula
Ending Work in Progress= Beginning WIP + Direct material + Direct labor + Allocated overhead - Cost of goods manufactured
Let plug in the formula
Ending Work in Progress= $85,200 + $346,000 + $226,000 + $331,000 - $970,000
Ending Work in Progress= $18,200
Therefore the ending work in process inventory is $18,200
A plot in
Cartesian axes.
This kind
of graph has two exes: x (horizontal) and y (vertical). X represents the
independent variable, in this case: time. Y represents the dependent variable,
which is the one that is changing over time.
For example,
you can make this graph with temperature along the year. You will usually have
higher temperatures in summer, which will be represented in the upper part of
the graph, and lower temperatures in winter, which will be represented in the
bottom part of the graph. January will be on the left and December will be on
the right.
Answer:
May incorporate in any state it chooses.
Explanation:
Incorporation can be defined as the creation of a new business which will have equal rights as that of an individual.
The different steps for incorporation include:
- Proper documentation of the reports of incorporation.
- Choosing a suitable name for the business.
- Documenting the various operational agreements.
- Appointing managers to supervise the daily activities.
- Getting a federal employment identification number.
- Opening accounts for keeping the revenues that will be generated by the company.
- Employing diffetents workers to carry out various activities in the company.