<span>If
a competitive firm can sell a ton of steel for $500 a ton and it has an average
variable cost of $400 a ton, and the marginal cost is $600 a ton, the firm
should reduce its output. The reason for the reduction of output is the
marginal cost it will have. The marginal cost exceeds the selling price of the
product which is a bad sign for the company.</span>
Answer:
1.- 35,000 helment x 0.6 kilograms = 21,000 STD quantity
2.- 21,000 kilograms x $8 per kilogram = $168,000
3.- 9,000 F
4.- 12,000 U
Explanation:
std cost $8.00
actual cost $7.60
quantity 22,500
difference $0.40
The actual cost for each kilogram is lower than expected. This means the copamny saved cash in the purchase. This variance is favorable.
saved 0.40 per kilograms x 22,500 purchased
price variance $9,000.00
std quantity 21000.00
actual quantity 22500.00
std cost $8.00
difference -1500.00
The actual quantity was higher than expected, this variance will be unfavorable
1,500 extra kilograms x $8 each =
quantity variance $(12,000.00)
Answer:
According to my opinion all the given choices are right.
Explanation:
To implement the concept of marketing, the organization need to know,
a) Marketing strategy: A overall plan for reaching the customer
b) Research: research about what is need of the customer, their expectations, possibility of producing it, etc so that the product will run in the market successfully.
c) Identify competitive market: Yes this is surely need to run business and to have good challenge to improve and keep up the brand name
d) a plan for top management practices: Building up hierarchy shows the growth of the organization.
A secured loan has claim on assets in case the lender defaults. For example, a home buyer takes out a loan (secured against the home) with a bank to buy home. If the home buyer can't make repayments (or even goes bankrupt), the bank can sell the home to recover their lost money.
An unsecured loan does not have claim on any assets. All else being equal, an unsecured loan has higher interest rate.
Answer:
A. $816,000
Explanation:
The formula to compute the net sales is shown below:
= Total sales - sales returned
where,
Sales returned = Total sales × sales return percentage
= $850,000 × 4%
= $34,000
And, the total sales is $850,000
Now put these values to the above formula
So, the value would equal to
= $850,000 - $34,000
= $816,000
