1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hammer [34]
3 years ago
13

Karen runs a print shop that makes posters for large companies. it is a very competitive business. the market price is currently

$1 per poster. she has fixed costs of $250. her variable costs are $1,000 for the first thousand posters, $800 for the second thousand, and then $750 for each additional thousand posters. instructions: round your answers to 3 decimal places.
a. what is her afc per poster (not per thousand!) if she prints 1,000 posters
Business
1 answer:
jeka943 years ago
6 0
<span>She has fixed costs of $250. Her variable costs are $1,000 for the first thousand posters, Her variable costs are $800 for the second thousand Her variable costs are $750 for each additional thousand posters. To calculate Average fixed cost that is AFC per poster we need two factors: Total fixed cost = 250 and Number of poster = 1000 So now AFC will be (250/1000) that is 0.25.</span>
You might be interested in
Agatha was a licensed loan originator when the housing market slowdown left her with little work. She accepted a job outside the
svlad2 [7]

Answer: Providing proof that she completed all of the continuing education requirements for the year she last held a license.

Explanation:

Based on the information given, since the license of Agatha has expired, one of the requirements that she must meet in order to be re-licensed is to provide proof that she completed all of the continuing education requirements for the year she last held a license.

It should be noted that providing proof that she still meets the qualifications to be a mortgage loan originator or information that relates to her previous license isn't required.

4 0
3 years ago
Variable Costing
mart [117]

Answer:

a. $197,600

b. $163,400

c. $108,600

Explanation:

a. Manufacturing margin = Sales - Variable cost of goods sold

= $380,000 - $182,000

= $197,600

b. Contribution margin = Manufacturing margin - Variable selling and administrative expenses

= $197,600 - $34,200

= $163,400

c. Income from operations = Contribution margin - Fixed manufacturing costs -  Fixed selling and administrative expenses

= $163,400 - $57,000 - $2,800

= $108,600

4 0
3 years ago
Mikan Company’s standard predetermined overhead rate is $9 per direct labor hour. For the month of June, 26,000 actual hours wer
vaieri [72.5K]

Answer:

Allocated MOH= $234,000

Explanation:

Giving the following information:

Predetermined overhead rate= $9 per direct labor hour.

Actual direct labor hours= 26,000

<u>To allocate manufacturing overhead, we need to use the following formula:</u>

<u></u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 9*26,000

Allocated MOH= $234,000

5 0
3 years ago
The Institute of Management Accountants' Statement of Ethical Professional Practice for management accountants includes the elem
Black_prince [1.1K]

Answer: Competence, confidentiality, integrity, and credibility.

Explanation:

In the activities of management accountants professionals, the four standards of ethical conduct which the Institute of Management Accountants enacted are simply confidentiality, credibility, competence, and integrity.

This therefore shows that the right option is B.

5 0
3 years ago
What was President Bush's response to the financial crisis?
Tasya [4]

Answer:

The answer is e. to support a federal bailout of the banking industry

Explanation:

To response to financial crisis, President Bush had addressed in the public television that the federal bailout of damaged financial institutions was necessary to avoid long and painful recession.

In fact, his administration had implemented an $700 billion worth of Trouble Asset Relief Program since October 2008, in which the amount from federal government's budget was spent on bailout damaged financial institutions such as American International Group (AIG), and bad mortgage debts.

So, e is the correct choice.

7 0
3 years ago
Other questions:
  • As a result of a divorce settled in 2017, a taxpayer received the following during the current year: Child support $12,000 Alimo
    5·1 answer
  • For a monopolistically competitive​ firm, marginal revenue A.is greater than the price.B.equals the price.C.is less than the pri
    13·1 answer
  • Curtis created his own restaurant equipment company, supplying the greater Denver area, five years ago. Until now, he has, never
    6·1 answer
  • Government survey takers determine that typical family expenditures each month in the year designated as the base year are as fo
    5·1 answer
  • Arlene makes earrings in the shape of the mascot of a local university. Last year Arlene made 250 pairs of earrings, which she s
    6·1 answer
  • How can a change in income shift a demand for goods?
    13·1 answer
  • Whats y'alls fav basketball team?
    9·2 answers
  • Sterling, Inc. is a manufacturer of state-of-the-art computers. For the past ten years, Sterling has acquired all of its microch
    15·1 answer
  • Conductors are assigned a ? ampacity that reflects the insulation's ability to handle and dissipate heat under ? conditions.
    14·1 answer
  • What is the present value of $5,000 received 5 years from now if the discount rate is 5% (rounded to the nearest dollar?a. $6,38
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!