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3 years ago

Global temperature trends can be inferred from changes in

1 answer:

6 0

Global temperature trends can be inferred from changes in fossils and chemical isotopes found in sediments and glacial ice

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What is the term that describes the spreading of materials, money, and human resources to get work done in the most economical a

Butoxors [25]

Resource allocation - Apex answer

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3 years ago

Read 2 more answers

Assume that a firm hires an additional employee. If the marginal product for that employee is greater than for the previous empl

Tom [10]

If the marginal product for that employee is greater than for the previous employee hired, it must be that there are gains from specialization

<h3>What is marginal product ?</h3>

The marginal product or marginal physical productivity of an input (factor of production) in economics, and particularly neoclassical economics, is the change in output that results from using one more unit of a specific input (for example, the change in output when a firm's labor is increased from five to six units), assuming that the quantities of other inputs are kept constant.
The marginal product is the mathematical derivative of the production function with respect to that input if the output and the input are infinitely divisible, in which case the marginal "units" are infinitesimal.
When more of one input, such as labor, is used while maintaining a constant level of the other input, such as capital, the marginal product initially rises according to the "rule" of declining marginal returns.

To learn more about marginal product with the given link

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1 year ago

There are several methods used to classify restaurants, experts agree that the two main categories of restaurants would be:

ludmilkaskok [199]

Answer:

independent, chain are the answer

Explanation:

3 0

2 years ago

The Canton Corporation shows the following income statement. The firm uses FIFO inventory accounting. CANTON CORPORATION Income

Zepler [3.9K]

Answer:

Aftertax income 47,278.7

Explanation:

Sales 14,600 units at $14.30 (10%Δ) 208,780

Cost of goods sold (unchanged) (116,800)

Gross profit 91,980

S&A expenses; 5% of sales

208,780 x 5% = (10,439)

Depreciation (unchanged) (14,000)

Operating profit 67,541

Taxes (30% of operating profit) 20,262.3

Aftertax income 47,278.7‬

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3 years ago

A company has a beginning inventory of $ 20 comma 000 and purchases during the year of $ 130 comma 000. The beginning inventory

ollegr [7]

Answer:

$66,680

Explanation:

The computation of the cost pf goods sold is shown below:

= Number of units sold × average cost per unit

where,

Number of units sold equals to

= Beginning inventory units + purchased units - ending inventory units units

= 3,000 units + 6,000 units - 5,000 units

= 4,000 units

Now the average cost per unit would be

= (Beginning inventory + purchases) ÷ (Beginning inventory units + purchased units)

= ($20,000 + $130,000) ÷ (3,000 units + 6,000 units)

= $16.67

Now put these values to the above formula

So, the value would equal to

= $4,000 units × $16.67

= $66,680

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3 years ago