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juin [17]
3 years ago
12

Use the table to indicate which description characterizes economies of scale and which characterizes economies of scope.

Business
1 answer:
kenny6666 [7]3 years ago
3 0

Answer and Explanation:

The economics of scope refers to the total cost production cost i.e to be averaged for the various type of goods

While on the other hand, the economics of scale refers to the benefit of the cost than occurs when there is a higher production level at a time

Based on this, the classification is as follows

1, Economics of scale as the output rises that declines the LAC so automatically it goes downward

2. economics of scope

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Calip Corporation, a merchandising company, reported the following results for October: Sales $413,000 Cost of goods sold (all v
krok68 [10]

Answer:

$243,900

Explanation:

Calip corporation reported the following results for the month of October

Sales= $413,000

Cost of goods sold= $169,100

Total variable sling expenditure= $20,700

Total fixed selling expense= $17,900

Total variable administrative expense= $13,100

Total fixed administrative expense= $30,400

The contribution margin can be calculated by subtracting the total cost of goods sold from the sales

= $413,000-$169,100

= $243,900

Hence the contribution margin for October is $243,900

5 0
3 years ago
Waddell Company had the following balances in its accounting records as of December 31, 2015:
Lilit [14]

a. The amount of land on the balance sheet will be $36,000 which is historical cost of the land. Land is not subject to depreciation so it is recorded at historical cost and not carrying value.

b. The amount of rent expense reported on Income statement will be $5,500 [ $ 6,000 * 11 /12 months ]

c. The total amount of liabilities reported on the balance sheet will be $43,800. This includes the contingent liabilities and warranties.

Learn more at brainly.com/question/24540829

8 0
3 years ago
At least once a year, budgeted spending should be compared against ____ spending.
Savatey [412]

Actual spending. It is important to compare the budget, which is expected spending, to actual spending to make adjustments and catch potential problems or figure out what to do extra money.

7 0
3 years ago
A universal life policy has a death benefit of $125,000 and a cash accumulation value of $15,000. Generally, what will happen to
GrogVix [38]

Answer:

The death benefit or cash accumulation will be reduced by the partial withdrawal.

Explanation:

7 0
3 years ago
On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 15,000, $6 par, common sha
anyanavicka [17]

Answer:

Sept 1,

DR Stock dividends $52,500  

CR Common stock   $9,000

CR Additional paid in capital   $43,500

Sept 1,

DR Stock dividends $90,000  

CR Common stock  $90,000

 

Sept 1,

No journal entry required.

<u>Workings</u>

Small Dividends

<em>Stock dividends</em>

= 15,000 * 10% * $35

= $52,500

<em>Common stock </em>

= 15,000*10%* $6  

= $9,000

<em>Additional paid in capital</em>

= 52,500 - 9000

= $43,500

Large Dividends

<em>Stock dividends</em>

= 15,000 * $6

= $90,000

<em>Common stock </em>

= 15,000 * $6  

= $90,000

<em>No entry for stock splits.</em>

3 0
3 years ago
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