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4 years ago

If a monopolist or a perfectly competitive firm is producing at a break-even point, then:

1 answer:

Klio2033 [76]4 years ago

4 0

If a monopolist or a perfectly competitive firm is producing at break-even point then they're basically equaling their average revenue to the average total cost - ii.

This basically means that they are operating at a level where the amount which they produce relates to the amount they spend.

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Erpetual Inventory Using Weighted Average

crimeas [40]

The weighted average unit cost is $10.61.

The cost of goods sold on October 29 is $2,122.39.

The inventory on October 21 is $3138.

<h3>What is the average weighted cost?
</h3>

The weighted cost of goods sold = [(310 x 9) + ($12 x 360)] / (360 + 310)

(2790 +4320) / 670

7,110 / 670 = $10.61

Cost of the goods sold on October 29 = average unit cost x number of goods sold

$10.61 x 200 = $2,122.39

Inventory on October 21 = ending inventory x average cost

ending inventory = total inventory - total inventory sold

total inventory = 310 + 360 = 670 units
total inventory sold = 170 + 200 = 370 units
ending inventory = 670 - 370 = 300 units

Inventory on October 21 = 300 units x 10.61 = $3,183

To learn more about average weighted cost, please check: brainly.com/question/15231142

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7 0

2 years ago

Where does the 32 come from in cash received for common stock issued

worty [1.4K]

A public company can issue common stock to the shareholders of acquisition targets, which they can then sell for cash. This approach is also possible for private companies, but the recipients of those shares will have a much more difficult time selling their shares.

Multiply the number of shares issued by the price per share. Doing this calculation gives you the amount of cash raised by the sale of the stock. For example, if the company issues 100 shares at $10 per share, the result is $1,000 of additional capital raised from stock issuances.

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2 years ago

4. Suppose GDP is $15 million, private saving is $3 million, consumption is $8 million, public saving is $2 million. Assume the

Studentka2010 [4]

Answer in the file below .

3 0

3 years ago

Jen Rogers withdrew a total of $35,000 from her business during the current year. The entry needed to close the withdrawals acco

Dmitrij [34]

Answer and Explanation:

The journal entry is shown below:

Jen Rogers, Capital $35,000

To Jen Rogers, Withdrawals $35,000

(Being withdrawals entry is recorded)

Here the Jen Rogers, Capital is debited as it decreased the stockholder equity while the Jen Rogers, Withdrawals is credited as it also decreased the drawings account. Also, the capital contains normal credit balance while drawings contains normal debit balance

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3 years ago

Which is the MOST effective fiscal policy to fight a recession if people react to uncertainty by saving all additional money tha

algol [13]

An increase in government spending.

<h3><u>What is Fiscal Policy?</u></h3>

Government expenditure and taxation are used in fiscal policy to have an impact on the economy. Fiscal policy is often used by governments to encourage robust, long-term growth and to lower poverty. During the recent global economic crisis, when governments intervened to stabilize <u>financial institutions, spur growth, and lessen the impact </u><u>of the crisis on </u><u>vulnerable individuals</u><u>, the function and goals of </u><u>fiscal policy rose to prominence</u>. Fiscal policy can be classified as either neutral, expansionary, or contractionary.

Learn more about the Fiscal Policy with the help of the given link:

brainly.com/question/14042438?referrer=searchResults

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3 0

2 years ago