Answer:
(c) $5
Explanation:
Remember, To calculate marginal cost, we divide the change in production costs by the change in quantity.
In this example, the change in production cost is $200 (for hiring an additional worker) while the change in quantity of taco is 40 (increase in marginal productivity).
The marginal cost= $200/40
we get $5 as the marginal cost.
Answer:
Answer is A. USD 80/-
Explanation:
Using FIFO costing, we get:
- <u>Gross Profit = Sales - Cost of Goods Sold
</u>
COGS (Cost of Goods Sold) for two units,
COGS = First purchase + Second purchase
COGS = $70 + $80
COGS = $150
Sales = $230
- <u>Calculating the Gross Profit:
</u>
GP (Gross Profit) = Sales - Cost of Goods Sold
GP = $230 - $150
GP = $80
Answer: modified rebuy
Explanation:
Tetradic's situation can be defined as the modified rebuy. Modified Rebuy refers to a purchasing situation whereby an individual or organization buys goods that they've bought before but then changes the supplier or some elements in the previous order.
Based on the question given, Tetradic Solutions alters his purchase as the order was modified. In modified rebuy, the specifications of the product, prices, and suppliers can be changed as well.
The authority that Jerry has which allows him to complete inspections and settle claims is called an Express authority.
<h3>What is express authority?</h3>
This is a kind of authority that an agent has that is clearly spelled out in writing or given orally.
Jerry has a contract with ABC Insurance that writes what he is allowed to so which means that his powers are expressly given.
Find out more on express authority at brainly.com/question/15008947.
#SPJ12
Answer:
$14,343.25
Explanation:
The computation is shown below;
For the first bank
The value of investment is
= $68,000 × 8% × 8 + $68,000
= $111,520
For the second bank
= $68,000 × (1 + 0.08)^8
= $125,863.25
So, the difference in these both amount should be
= $125,863.25 - $111,520
= $14,343.25
