The settlement option that provides for ongoing payments for
a period of time is called annuity. The annuity is a type of insurance contract
in which they provide an individual an annual income for a long period of time
such as an example of this is a pension.
Is this a question or what is this.
Fixed expenses
are $76,000 per month and the company is selling 4,600 units per
month.
Answer:The marginal cost of fourth unit is $589
Explanation:The marginal cost of a good is defined as the cost of producing an additional one unit which increases the total cost of such good. Therefore we can say that;
Marginal cost=Total cost at 4 units - total cost at (4-1) units
=total cost of the 4 units - total cost of the three units
=3,087 -2,498
=$589
Also using the formulae;
Marginal cost = Change in cost / change in quantity
= 3,087 -2,498/4-3 =589/1= $589
The marginal cost of fourth unit is $589
Answer:
D.2, 3, 1.
Explanation:
The order of preparing the financial statement is described below:
1. Income statement
2. Statement of stockholder equity
3. Balance sheet
4. Cash flow statement
The income statement records all revenues generated and expenses incurred during a particular period.
The Statement of stockholder equity consists of common stock and the retained earning through which the ending balance could be computed.
The balance sheet reports the assets and liabilities of the company
And, the cash flow statement analyzes the cash inflow and cash outflow position of the company
