Answer:
I used an excel spreadsheet to calculate each unit's ending inventory price:
Product 1 = $7,20
Product 2 = $10,20
Product 3 = $11,75
Product 4 = $5,25
Product 5 = $5,60
Answer:
Net operating income= $26,140
Explanation:
Giving the following information:
Fixed costs= $23,000
The contribution margin ratio is 63%.
Sales= $78,000
<u>First, we need to calculate the contribution margin:</u>
Contribution margin= contribution margin ratio*sales
Contribution margin= 0.63*78,000
Contribution margin= 49,140
Net operating income= 49,140 - 23,000= $26,140
Answer:
Defining Work Practice Active While Rosa is taking classes at the local community college to earn her degree in landscaping, she works part-time as a florist's assistant. This part-time work is an example of a job
Explanation:
A part-time work taken by Rosa while in school is more or less like a job rather than a career as it is not in line with her course of study in school.
Answer:
The correct answer is option B.
Explanation:
Diseconomies of scale refer to the situation when a firm reaches that stage where increasing output causes the average cost of production to increase instead of decreasing.
This stage comes after the firm has reaped the economies of scale. Diseconomies can arise because of external as well as internal factors.
The main reason behind the diseconomies is that as the firms become increasingly large, it becomes difficult to efficiently coordinate production.
With large scale production, overcrowding of machines and workers create a mismatch and causes the cost to increase. Also with large scale communication between workers and departments become less effective. All these make it difficult to coordinate the production process.
