Answer:
The correct answer is option a.
Explanation:
A monopoly firm is a price maker. It faces a downward-sloping demand curve.
The marginal revenue curve is also downward sloping.
The profit is maximized at the point where marginal revenue earned is equal to the marginal cost incurred.
The marginal revenue curve lies below the demand or average revenue curve.
So, option a is the correct answer.
Answer:
$7.60 per unit of output
Explanation:
Budgeted output units 51,000 units
Budgeted machine−hours 10,200 hours
Budgeted variable manufacturing overhead costs for 51,000 units $387,600
budgeted variable overhead cost per unit of output = $387,600 / 51,000 units = $7.60 per unit of output
In this case, the applied variable overhead rate = 35,750 units x $7.60 = $271,700, which would have been under-applied since the actual variable overhead costs were much higher, $328,900.
<h3>An employee works part-time, full-time, or is temporary in a job assignment. An employee barters his or her skills, knowledge, experience, and contribution in exchange for compensation from an employer. ... Employers must pay the non-exempt employee for every hour worked as they are paid by the hour.</h3>
Explanation:
<h2>#CARETOLEARN❤️</h2>
Answer:
$79.43
Explanation:
Year Return Amount($) PV factor for 12.4% Present Value
1 Dividend 2.45 0.890 2.179715
2 Dividend 2.6 0.792 2.057978
2 Value of share 95 0.792 75.19535
at end of tr 2
TOTAL $79.43304
Thus, the present value of share is $79.43
