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3 years ago

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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On average, 35% of the sales on account are collected in the month of sale, 40% are collected in the month following sale, 10% a

stellarik [79]

Answer:

35% of sales(say $2,000,000) in April

$700,000

Explanation:

Step one :

Assuming that the sales made for April is $2,000,000

According to the conditions in which money is collected 35% of sales made for a month is collected for the month

For april the expected amount

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3 years ago

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3 years ago

Overton Enterprises is converting to an activity-based costing system. It wishes to depict the various activities in its manufac

guapka [62]

Answer:

The correct answer is the option B: Activity relationship charts (ARCs).

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3 years ago

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2 years ago

Department A had a beginning inventory balance of 25 units which were 40% complete. During the accounting period, the department

GarryVolchara [31]

Answer:

the equivalent units of production is 250 units

Explanation:

The computation of the equivalent units of production is units under FIFO method is shown below:

= Opening inventory balance in units + additional units - ending inventory balance units

= 25 units + 275 units - 50 units

= 250 units

hence, the equivalent units of production is 250 units

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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3 years ago