3 years ago

Which results from a large company's ability to take advantage of economies of scale?

1 answer:

4 0

Large companies have the ability to take advantage from the economies of scale through offering goods which are more affordable than other smaller retailers. This is because as the company grows, their unit cost decreases due to some factors caused by the economies of scale.

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Swansea Finishing produces and sells a decorative pillow for $100.00 per unit. In the first month of operation, 2,000 units were

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Answer:

$41,400

Explanation:

Swansea Finishing

Variable cost of goods sold = Variable manufacturing costs × Units Sold

Variable manufacturing costs $23.00

Units sold $1,800

Hence:

$23.00 × 1,800 units

= $41,400

Therefore the cost of goods sold using variable costing is $41,400

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2 years ago

In a ________ banking system, commercial banks engage in securities underwriting, but separate subsidiaries conduct the diffe

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Answer: The correct answer is "universal".

Explanation: In a <u>universal</u> banking system, commercial banks engage in securities underwriting, but separate subsidiaries conduct the different activities. Also, banking and insurance are not typically undertaken together in this system.

It is the most common type of banking system and is the most commonly used.

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2 years ago

For Gundy Company, units to be produced are 5,280 in quarter 1 and 6,400 in quarter 2. It takes 2.0 hours to make a finished uni

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Answer:

Total cost= $350,400

Explanation:

Giving the following information:

For Gundy Company, units to be produced are 5,280 in quarter 1 and 6,400 in quarter 2. It takes 2.0 hours to make a finished unit, and the expected hourly wage rate is $15 per hour.

Quarter 1:

Direct labor cost= 5,280*2= 10,560 hours

Quarter 2:

Direct labor cost= 6,400*2= 12,800 hours

Total cost= (10,560 + 12,800)*15= $350,400

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3 years ago