Answer:
The correct answer is: her marginal benefit per dollar for bagels will decrease, and her marginal benefit per dollar for cream cheese will increase.
Explanation:
Anne has $20 to spend on two goods bagels and cream cheese.
The marginal benefit per dollar for bagels is $6.
The marginal benefit per dollar for cream cheese is $10.
If she decides to buy more bagels and less cream cheese, the marginal benefit per dollar for bagels will decrease and marginal benefit per dollar for cream cheese will increase.
The marginal benefit per dollar for a commodity is the ratio of marginal utility derived from consuming the last unit of the commodity upon price of the commodity.
As more and more quantity of a commodity is consumed the marginal benefit per dollar for it will go on declining. This is because the marginal utility derived from each additional unit will go on declining while price will remain the same. The less the commodity is consumed, the marginal benefit per dollar for it will increase.
The type of overhead costing system that would be the best fit for Lunker is: Traditional costing system using design hours as the basis for allocation.
<h3>What is the Traditional Costing System?</h3>
The traditional costing system is a method applied in accounting that aims at determining the cost of production. One driver is assigned as the basis of allocation.
In the case of Lunker Lures above, the driver that is used as the basis of allocation should be design hours.
Learn more about the Traditional Costing System here:
brainly.com/question/24516871
Answer:
the correct answer is
If a cost is a common cost of the segments on a segmented income statement, the costshould:A) be allocated to the segments on the basis of segment sales.
Explanation:
hope this helps u!!!
Answer:
C) Sell £2,278.13 forward at the 1-year forward rate, F1($/£), that prevails at time zero.
Explanation:
given data
State 1 State 2 State 3
Probability 25% 50% 25%
Spot rate $ 2.50 /£ $ 2.00 /£ $ 1.60 /£
P* £ 1,800 £ 2,250 £ 2,812.50
P $4,500 $4,500 $4,500
solution
company holds portfolio in pound. so to get hedge, they will sell that of the same amount.
we get here average value of the portfolio that is
The average value of the portfolio = £ (0.25*1800 + 0.5*2250 + 0.25*2812.5)
The average value of the portfolio = 2278.13
so correct option is C) Sell £2,278.13 forward at the 1-year forward rate, F1($/£), that prevails at time zero.
Answer:
The incremental manufacturing cost that the company will incur if it increases production from 10,500 to 10,501 units is closest to $11.40
Explanation:
It is important to note that the question requires The incremental manufacturing cost that the company will incur if it increases production from 10,500 to 10,501 units
From Production of 10500 units to 10501 units, there is an increment of 1 unit.
<u>Lets find the incremental cost of 1 unit.</u>
1.To do this we only consider variable manufacturing costs only.
2.Since increase is within the relevant range, the fixed manufacturing overheads do not change.
3.Also Ignore all non- manufacturing overhead as they do not form part of manufacturing costs.
Extra 1 Unit
Direct materials $6.70
Direct labor $3.50
Variable manufacturing overhead $1.20
Total Cost $11.40
