Answer:
Differential cost
Explanation:
Differential cost is defined as variance in cost that will be incurred between two courses of action. This is used to evaluate the best option of two investments under consideration.
The option that has more revenue will have less cost. So differential cost calculation is used to determine line of action that will bring least cost.
For example if one alternative action will entail use of a warehouse of $30,000, and the alternative is to use just in time inventory practice thereby requiring $10,000 in storage cost.
The best option is the just in time option
(C) price equal to marginal cost.
Monopoly is a market condition with only one seller of a product where there is barriers to entry of others and presence of no substitutes.
The level of profit is maximised in a monopoly when the marginal cost equal the marginal revenue. They choose an output and price certainly without exceeding the marginal revenue. The price is greater than average revenue of the production and get the profit maximise output.
In case monopoly quantity will be lower and the price will be higher than that of a competitive firm. Marginal revenue can only be zero when the production falls or not have been started yet.
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Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr $6,240
Credit card expense A/c Dr $260 ($6,500 × 4%)
To Sales A/c $6,500
(Being the deposit is recorded)
For recording the deposit, we debited the cash account, credit card expense and credited the sales account so that the proper posting can be done.
Answer:
B
Explanation:
when she is talking over the slides, some people are not good multi-taskers and want to listen to the more interesting thing, which is the audio.