Answer:
it's 2 opportunity cost will increase
thank uh
Answer:
Diseconomies of scale are when production output increases with rising marginal costs. ... Fixed costs do not change with increases/decreases in units of production volume, while variable costs are solely dependent, which results in reduced profitability. They show how well a company utilizes its assets to produce profit.
Explanation:
It's true.
Answer:
C) performance of the contract is commercially impracticable.
Explanation:
Contract law contemplates certain situations where performing the contract is either difficult or impossible and therefore the party is not liable for breaching the contract.
Commercial impracticability applies to contracts where the performance of at least one party is impracticable and cannot be accomplished.
In this case, Quinn cannot perform his duty since the price of scrap steel increased beyond any reasonable price contemplated in the contract. Since Quinn is not responsible for setting the price of scrap steel, he is not liable for breaching the contract.
Answer:
$311 unfavorable
Explanation:
The computation of the spending variance is shown below:
= Actual supplies cost - flexible supplies cost
where
Actual supplies cost is $11,700
And, the flexible supplies cost would be
= Actual level of activity × price per frame + supplies cost per month
= 607 frames ×$17 + $1,070
= $10,319 + $1,070
= $11,389
Now put these values to the above formula
So, the value would equal to
= $11,700 - $11,389
= $311 unfavorable
Answer:
Equivalent unit(material) = 17,700
Equivalent unit(conversion costs) = 13,301
Explanation:
A. Computation for equivalent unit(material)
<u>Particular Unit</u>
Units transferred 9,400
<u>Ending work in process 8,300(100%) 8,300</u>
<u>Equivalent unit(material) 17,700</u>
<u></u>
B. Computation for equivalent unit(conversion costs)
<u>Particular Unit</u>
Units transferred 9,400
<u>Ending work in process 8,300(47%) 3,901</u>
<u>Equivalent unit(conversion costs) 13,301</u>
