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VLD [36.1K]
2 years ago
6

You have decided that you want to attend a costume party as Iron Man. You estimate that it will cost $40 to assemble your costum

e. After 1 poir spending $40 on the costume, you realize that the additional pieces you need will cost you $25 more. The marginal cost of completing the costume is______ a) $15 b) $25 c) $40 d) $65
Business
2 answers:
Sav [38]2 years ago
4 0

Answer:

b) $25

Explanation:

Marginal cost is the added expense incurred by undertaking an extra activity, be it selling or production. The marginal concept is applied to determine the viability of engaging in extra activity.  Marginal cost is a result of an extra unit of input. It can be additional labor hour, extra worker, or an extra unit produced.

In this case, the marginal cost will be $25. It the extra expense incurred to complete the costume. Marginal cost is the additional cost beyond the expected arising from an extra activity.

Alexeev081 [22]2 years ago
3 0

Answer:

<h2>The answer is (B) $25</h2>

Explanation:

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Terry estimates that the costs of insurance, license, and depreciation to operate his car total $460 per month and that the gas,
puteri [66]

Answer:

Total cost= $984.62

Explanation:

Giving the following information:

Fixed cost= $460

Unitary variable cost= $0.34 per mile

Miles driven= 1,534

<u>First, we need to establish the total cost formula:</u>

<u></u>

Total cost= fixed cost + unitary variable cost*number of units

Total cost= 460 + 0.34*x

x= number of miles

<u>Now, the total cost for the month:</u>

Total cost= 460 + 0.34*1,543

Total cost= $984.62

7 0
2 years ago
Rapid Response Security Firm, a company that provides on-site security services for malls and other retail environments, needs t
Arisa [49]

Answer:

False

Explanation:

It is false to conclude that on crucial issues such as this, it is more important to gather information through the informal organization, as opposed to the formal organization because f<u>ormal organizations are designed to achieve crucial goals through the collective work of the individuals who are its members. They rely on a division of labor and hierarchy of power and authority to ensure that the work is done in a unified and efficient manner. while the primary function of informal organizations is basically to maintain cultural values and the provision of social satisfaction for its members.</u>

7 0
3 years ago
The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current fiscal year: Co
ale4655 [162]

Answer:

(a) the earnings per share = $3

(b) the price-earnings ratio = 8x

(c) the dividends per share = $0.25

(d) the dividend yield = 1.04%

Explanation:

Common Stock Outstanding = 5,250,000/25 = 210,000 shares

Preferred Stock Outstanding = 6,000,000/200 = 30,000 shares

Preferred Stock Dividend per share = $4

(a) Earnings Per Share

EPS = <u>Net Income - Preferred Dividend</u>

            Common Stock Outstanding

EPS = <u>750,000 - (30,000 * 4)</u>

                  210,000

EPS = <u>630,000</u>

           210,000

EPS = $3

(b) Price-Earnings Ratio    

Market Price = $24

EPS = $3

P/E ratio = <u>Market Price</u>

                      EPS

P/E ratio = 24/3

P/E ratio = 8x

(c) Dividends Per Share

DPS = <u>               Total Dividends          </u>

             Common Stock Outstanding

DPS = 52,500/210,000

DPS = $0.25

(d) Dividend Yield

DY = <u>Dividend Per Share</u>

                   Price

DY = 0.25/24

DY = 1.04%

6 0
3 years ago
What do you understand by marketing mix​
k0ka [10]

Explanation:

When I think about the term marketing mix, I think about a set of tools that firms use to increase their profits such as price, product, promotion and place.

3 0
3 years ago
Marina and Nolan formed the MN Partnership. Marina contributed $20,000 of cash in exchange for her 50% interest in the partnersh
Natasha_Volkova [10]

Answer:

A) $25,000.

Explanation:

Marina's adjusted basis for her partnership interest at the end of the year = $20,000 (Marina's cash contribution) + $5,000 (Marina's share in the partnership's net taxable income) - $8,000 (distributions received by Marina) + $8,000 (Marina's share in the partnership's recourse liabilities) = $25,000

8 0
2 years ago
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