Answer:
Incorrect Statement about the Statement of Cash Flows:
c. The cash dividends of $201,000 paid will be reported as a cash outflow in the cash flow from investing activities section.
Explanation:
Cash dividends of $201,000 will be reported as a cash outflow in the financing activities section and not the investing activities section.
Statement of Cash Flows is broadly divided into three, the operating, investing, and financing activities sections. The operating activities section show the cash flows from the normal business of the enterprise. The investing activities section shows the acquisition and disposal of investments made by the company in cash. While, the financing section shows the inflow and outflow of cash resulting from the funding of the business by stockholders and noncurrent creditors.
Answer: Option(a) is correct.
Explanation:
Correct Option : Marginal cost curve above average variable cost for a typical firm in the market.
In a market of perfect competition, the shutdown price of the firms will be minimum point of average variable cost. So, there is supply of goods by the firms if the price is equal or above the shutdown point of the firm.
Therefore, the supply curve of the firm is the above part of the MC curve from the minimum point of average variable cost.
Answer:
So to ur teacher and say ind out ur sel
Explanation:
Answer:
AFC = 
MC = 
TC
AVC = 
AC = 
Explanation:
The cost function is given as 
.
The fixed cost here is 9, it will not be affected by the level of output.
The variable cost is 
.
AFC = 
MC = TC
MC =
MC = 2q
AVC =
AVC = 
AVC = q
AC =
AC = ![\frac{[tex]C=9+q^{2}](https://tex.z-dn.net/?f=%5Cfrac%7B%5Btex%5DC%3D9%2Bq%5E%7B2%7D)
}{q}[/tex]
AC = 
Answer:
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual hours
Explanation:
Giving the following information:
The production used 2.5 labor hours per finished unit, and the company paid $21 per hour, totaling $52.50 per unit of finished product.
<u>We weren't provided with enough information to solve the problem. We need estimated production hours and rates. But, I can leave the formula to solve it.</u>
To calculate direct labor rate variance, we need to use the following formula:
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Hours
