A firm would be experiencing a loss but still be producing if the price is Below $5 but above $4.
When does a firm decision not to produce any output its loss equals?
If the company decides to cease operations and stop generating any output, its revenue is, by definition, zero. By definition, its variable cost of production is also zero, making the overall cost of production for the company equal to its fixed cost.
Under which condition would the firm be incurring a loss?
When producing nothing offers better returns than creating some q units of output, a firm would be better off ceasing operations, for example. This states that if average variable expenses are higher than the price of the good, the company would be better off closing up shop since it cannot pay its variable costs as well.
Why would a firm that incurs losses choose to produce?
When sales fall short of total costs, losses happen. Even though the company is losing money, it is better to produce in the short term rather than closing down if revenues exceed variable expenses but not total costs.
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I think this order is the most appropriate C.) Credit Union, Online Bank, Traditional Bank. I'm pretty sure it's correct.
<u>Explanation:</u>
VoIP is the type of IP technology that is used to transmit phone calls in business. It has various advantages such as it is low cost for business, individuals can have more than one phone number and it helps in receiving calls which can either be personal or business calls via computer systems.
Through this way the accessibility is increased. It also supports multitasking features. The voice has better clarity when compared to other modes of calls. It is advantageous and business choose them because they are portable. It can be customized based on the size of the team involved.
Answer:
$16.00
Explanation:
Predetermined manufacturing overhead rate = Budgeted Overheads ÷ Budgeted Activity
therefore,
Predetermined manufacturing overhead rate = $32,320 ÷ 2,020
= $16.00
Applied overheads = Predetermined manufacturing overhead rate x Actual activity
therefore,
Applied overheads = $16.00 x 2,410 = $38,560
Conclusion :
Under-applied overheads = $72,200 - $38,560
= $33,640
the predetermined manufacturing overhead rate per direct labor hour for the year is $16.00
Answer:
(b) Land 547000
Preferred Stock 450000
Paid-in Capital in Excess of Par-Preferred 97000
Explanation:
The journal entry is shown below;
Land $547,000
To Preferred stock $450,000 (4,500 shares × $100)
To Paid in capital, in excess of par- preferred $97,000
(being the preferred stock is issued in exchange of land)
Here the land is debited as it increased the asset and credited the preferred stock & paid in capital as it increased the equity
Therefore the correct option is b.