Answer:
Explanation:
Android Bio-Mutant Cyclops
Direct labor per unit 48 24 60
Divide by Direct labor rate 12 12 12
Direct labor hours per unit 4 2 5
Android Bio-Mutant Cyclops
Selling price 100 77 125
Less: Variable costs
Direct labor 48 24 60
Direct materials 9 8 16
Variable overhead 7 4 9
Total Variable costs 64 36 85
Unit Contribution margin 36 41 40
Divide by Direct labor hours per unit 4 2 5
Contribution margin per labor hour 9.00 20.50 8.00
<em>As shown in the above estimates, producing Bio-mutant is much more lucrative</em>
<em>Total contribution margin 20500 =1000 * 20.5</em>
Answer:
at low levels of output, AFC will be high, while at high levels of output, MC will be high as the result of diminishing returns.
Explanation:
In Economics, the law of diminishing marginal utility states that as the unit of a good or service consumed by an individual increases, the additional satisfaction he or she derives from consuming additional units would start decreasing or diminishing as the units of good or service consumed increases.
The short-run average total cost (ATC) curve of a firm will tend to be U-shaped because at low levels of output, average fixed cost (AFC) will be high, while at high levels of output, marginal cost (MC) will be high as the result of diminishing returns.
This ultimately implies that, the average fixed cost (AFC) will be high at small (low-level) output rates while marginal cost (MC) will be high at large (high-level) output rates due to diminishing marginal returns.
As a result of the law of diminishing marginal returns, a business firm would experience some rising per unit costs in the short-run.
In conclusion, an increase in the level of output for a business firm will eventually lead to an increase in average total cost (ATC) and marginal cost (MC) due to the law of diminishing marginal returns.
Answer:
b. 9.75%
Explanation:
When a partner invests in a business, he/she expects to get return on his equity in the business. The major reason for this is to compare his/her return in the partnership business with the return he/she could get elsewhere.
The return on partner equity is calculated by dividing his/her net income from the partnership business by his/her average capital for the period.
The formula is given below:
<u> Net income </u> x 100
Average capital
Average capital = <u>Opening capital balance + Closing capital balance</u>
2
For Carter Pearson, the average capital is =<u> $55,500 + $62,500</u>
2
= $59,000
The return on equity will be: <u>$5,750 </u> x 100
$59,000
= 9.7457
= 9.75% - approximate to two decimal point.
Answer:
Low conflict and high salience
Explanation:
Placing an issue on the list of public agenda does not occur overnight. The issue that is to be placed on public agenda needs to meet some certain criteria.
First among these criteria is that it must be an issue with a low amount of conflict. What this means is that if there are no oppositions to a certain issue and there is generally a reasonable amount of agreement between the parties involved, then we can confidently agree that the particular issue can be placed on public agenda.
Secondly, the issue to be placed on public agenda must have high salience. What do we mean by this? This means the particular issue must be prominent or important enough to be discussed. If the issue on ground is not prominent, than it cannot be presented on the list of agenda.
