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Ratling [72]
3 years ago
15

Total revenue equals A)price per unit times change in quantity sold. b)price per unit times quantity supplied. c)change in price

per unit times quantity sold. d)price per unit times quantity sold.
Business
1 answer:
vovikov84 [41]3 years ago
4 0

Answer:

d) price per unit times quantity sold

Explanation:

Total revenue refers to the total receipts generated by a firm at a given level of output sold. It is represented by:

TR = P × Q

wherein, TR = Total Revenue

              P= Price per unit

              Q= Units or Quantity sold

Marginal revenue refers to the addition to total revenue when an additional unit is sold.

It is expressed as;

MR = TR_{n}\ -\ TR_{n\ -\ 1}

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You are aware that another coworker is having severe financial problems. she is a single parent and you saw her take some suppli
KonstantinChe [14]
Had to look for the missing options and here is my answer:

Based on the given scenario above, the best thing that you should do being aware that another coworker, who is a single parent, having severe financial problems and have been taking supplies for her child from the inventory is to mention the problem to the supervisor. Of course, it is best to approach the one who is capable and in the position to investigate and check the problem so that appropriate actions will be applied. 
6 0
2 years ago
Read 2 more answers
Bennett Company’s high and low level of activity last year was 150,000 units produced in June and 50,000 units produced in Janua
yKpoI14uk [10]

Answer:

Total cost= $72,000

Explanation:

Giving the following information:

Bennett Company’s high and low level of activity last year was 150,000 units produced in June and 50,000 units produced in January. Machine maintenance costs were $104,000 in June and $40,000 in January.

We need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (104,000 - 40,000) / (150,000 - 50,000)= $0.64 per unit

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

FC= 104,000 - (0.64*150,000)= 8,000

Fixed costs= LAC - (Variable cost per unit* LAU)

FC= 40,000 - (0.64*50,000)= 8,000

Now, we can calculate the cost of 100,000 units:

Total cost= o.64*100,000 + 8,000= $72,000

5 0
3 years ago
Read 2 more answers
For each of the following transactions of JonesSpa Corporation, for the month of January, identify each as an investing activity
expeople1 [14]

Answer:

1. Paid cash to purchase inventory

OPERATING ACTIVITY, DECREASES CASH FLOW STATEMENT

2. Purchased land by issuing common stock  

NON CASH INVESTING AND FINANCING ACTIVITY, DOES NOT AFFECT CASH FLOW STATEMENT

3. Accounts receivable decreased in the year

OPERATING ACTIVITY, INCREASES CASH FLOW STATEMENT

4. Sold equipment for cash

INVESTING ACTIVITY, INCREASES CASH FLOW STATEMENT

5. Recorded depreciation expense

OPERATING ACTIVITY, INCREASES CASH FLOW STATEMENT

6. Income taxes payable increased in the year

OPERATING ACTIVITY, INCREASES CASH FLOW STATEMENT

7. Declared and paid a cash dividend

FINANCING ACTIVITY, DECREASES CASH FLOW STATEMENT

8. Accounts payable decreased in the year

OPERATING ACTIVITY, DECREASES CASH FLOW STATEMENT

9. Paid cash to settle notes payable

FINANCING ACTIVITY, DECREASES CASH FLOW STATEMENT

10. Prepaid expenses increased in the year

OPERATING ACTIVITY, DECREASES CASH FLOW STATEMENT

11. Sold inventory for cash

OPERATING ACTIVITY, INCREASES CASH FLOW STATEMENT

12. Paid cash to acquire treasury stock

FINANCING ACTIVITY, DECREASES CASH FLOW STATEMENT

13. Net income

OPERATING ACTIVITY, INCREASES CASH FLOW STATEMENT

14. Decrease in accrued liabilities

OPERATING ACTIVITY, DECREASES CASH FLOW STATEMENT

15. Increase in prepaid expenses

OPERATING ACTIVITY, DECREASES CASH FLOW STATEMENT

8 0
3 years ago
Technical skills: A. help you understand the potential and the limitations of information technology. B. help you work with end
Lera25 [3.4K]

Answer:  A. help you understand the potential and the limitations of information technology

Explanation: Helping you understand some, if not all of the potential and limitations of information technology is among the usefulness of technical skills which are skills, abilities, knowledge or expertise that are needed to perform complex tasks, processes or actions that are computational, mechanical, scientific or relating to information technology. Examples include the knowledge of programming languages, mechanical tools, design programs etc.

3 0
3 years ago
Suppose that in some state the civilian, non-institutionalized adult population is 4 million, the labor force participation rate
shepuryov [24]

Answer:

8.33%

Explanation:

The computation of the unemployment rate is shown below;

Before computing it, first we have to determine the labor force which is

As we know that

Labor force participation rate = Labor force ÷ Total non-institutionalized adult population

75% = Labor force ÷ 4,000,000

So, the labor force is

= 4,0000,000 × 0.75

= 3,000,000

Now unemployment rate is

= Unemployed people ÷ Labor force

= 250,000 ÷ 3,000,000

= 8.33%

4 0
3 years ago
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