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3 years ago

13

Producer surplus is the difference between the lowest price a firm is willing to accept for a product and the price it actually

receives for the product. True or False

1 answer:

Gekata [30.6K]3 years ago

5 0

The answer is False I believe

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Ploeger Corporation has provided the following contribution format income statement. Assume that the following information is wi

Natasha_Volkova [10]

Answer:

Break-even point (dollars)= $234,000

Explanation:

Giving the following information:

Sales (4,000 units) $ 240,000

Variable expenses 156,000

Fixed expenses 81,900

First, we need to calculate the selling price and unitary variable cost:

Selling price= 240,000/4,000= $60 per unit

Unitary variable cost= 156,000/4,000= $39 per unit

Now, we can calculate the break-even point in dollars, using the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 81,900/ [(60 - 39)/60]

Break-even point (dollars)= $234,000

5 0

4 years ago

Which depreciation method does not use an asset's residual value to calculate depreciation expense?

ira [324]

Declining-balance depreciation method does not use an asset's residual value to calculate depreciation expense.

<h3>What is depreciation?</h3>

In accountancy, depreciation refers to two aspects of the same concept: first, the actual decrease of fair value of an asset, such as the decrease in value of factory equipment each year as it is used and wear, and second, the allocation in accounting statements of the original cost of the assets to periods in which the assets are used.
Depreciation is thus the decrease in the value of assets and the method used to reallocate, or "write down" the cost of a tangible asset (such as equipment) over its useful life span.

<h3>What does accounting depreciation mean?</h3>

During the asset's anticipated useful life, depreciation is allocated in order to charge a fair percentage of the depreciable amount in each accounting period.
Amortization of assets with predetermined useful lives is included in depreciation.

Learn more about depreciation here:

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3 0

2 years ago

The revenue recognition principle states that: Multiple Choice Revenue should be recognized in the period goods and services are

lidiya [134]

Answer:

Revenue should be recognized in the period goods and services are provided.

Explanation:

IFRS 15 requires revenue to be recognized when control of goods or services has been made to the customer. Control is when all the risks and benefits associated with the product or service has been transferred to the customer.

5 0

3 years ago

Which of the following is a distinct advantage of exporting? A. Absolute control over operations in the foreign nation B. It may

victus00 [196]

Answer: B. It may help a firm achieve experience curve and location economies

Explanation: Exporting is defined as the act of conveying or sending commodities abroad or to another country, in the course of commerce. Exporting provides a distinct advantage to firms in that it helps them achieve experience curve (which posits that the more experience a business has in the production of product, the lower its costs in producing the product) and location economies (the production of a good or product under the most optimum settings that confers an added advantage in cost of productions over their competitors).

7 0

4 years ago

Permanent product measurement may be more accurate, complete, and continuous for all of the following reasons except: a. The obs

CaHeK987 [17]

Answer:

b. The behavior definitions are more precise.

Explanation:

The permanent product management refers to the real objects or output of that result from a behavior an example of the homework or the assignments done by the student.

A benefit associated with this measurement is that staff does not need to be present to observe the behavior. A drawback is that staff may not know the context of how the student engaged in the behavior.

8 0

4 years ago