Answer:
$20
Explanation:
Calculation for the marginal cost of producing an additional unit of output
Using this formula
Marginal cost=Wage per week/Marginal product of labor
Let plug in the formula
Marginal cost= $700 per week/35 units per week
Marginal cost= $20
Therefore the marginal cost of producing an additional unit of output is $20
Answer:
False
Explanation:
Employees are so eager to learn about a potential raise that they tend to tune out constructive feedback. This action will help the whole team to fix their backwards at once and in time to have a better rusult rather than waiting unitl e project has been completed. At that time, it is too late for improvements.
Answer:
$142,524
Explanation:
The computation of the total cost assigned to the ending work in process
inventory is shown below:
As we know that
Total cost = Material + Labor
where,
Material = 21,400 units × 100% × $3.60 = $77,040
And,
Labor = 21,400 units × 60% × $5.10 = 65,484
So, the total cost is $142,524
We simply added material and the labor cost according to their completion percentage and its cost per equivalent units
Answer:
the value of good increases (goes up)
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