1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sergio039 [100]
3 years ago
14

Given the cost information below, answer the following questions.

Business
1 answer:
Airida [17]3 years ago
8 0

Answer:

Fixed cost = $10 because there are no Variable costs when Output is 0.

a. Total Variable cost when output is 1.

= 19.76 - 10

= $9.76

b. Average Fixed cost when output is 2.

= 10/2

= $5

c. Average Variable Cost when Output is 3.

= (37.09 - 10) / 3

= $9.30

d. Average Total Cost when output is 4;

= 46.31/4

= $11.58

e. Marginal Cost when output is 5.

= Total cost at 5 - Total cost at 4

= 54.30 - 46.31

= $7.99

You might be interested in
Coca-Cola sells two zero-calorie versions of Coke: Diet Coke and Coke Zero. It has chosen to attempt to appeal to men with Coke
pentagon [3]

Answer: Positioning.

Explanation:

The Coke Zero's Can masculine design and bold color combination is a technique used to build an impression in the mind of their target consumers which are the men, that the Coke Zero is man's drink. This is a typical example of positioning where a company builds a certain impression about their product in the mind of their consumers.

4 0
3 years ago
Who may be affected by monetary penalties imposed by the Internal Revenue Service when a Tax Professional fails to meet due dili
Evgesh-ka [11]

Answer:

Both the tax practioner and the assessee will be liable for penalties under IRS 6695(a)

Explanation:

When a tax preparer is paid to arrange the tax return of a client they must follow preparer due diligence laws.

This is the case when the preparer is trying to get a refund of earned income tax credit, child tax credit, American opportunity tax credit, or filing of head of household status.

The effect on the tax preparer's client include:

- refund of amounts collected in error because of wrong return

- a two year ban from claiming credits if error is due to recklessness

- a ten year ban if error is as a result of fraud

The consequences for the tax preparer includes:

- for each requirement not met a $500 penalty

- suspension from the IRS e-file

- a ban from tax preparations

- in cases of fraud criminal charges can be made

5 0
3 years ago
When a good is nonexcludable: a. a free-rider problem will exist. b. consumers will pay the producers the market price for the g
Rashid [163]

Answer:

a free-rider problem will exist.

Explanation:

Non-Excluded goods are public goods that cannot exclude the use of a particular individual or group of persons. As a result, it is almost impossible to limit the consumption these types of goods. The Non-excludable goods contains:  

1)Common pool resources: fish stocks, timber, coal

2)Public Goods: air, national defense, television

The free rider problem is an economic phenomenon that manifests itself in the fact that the consumer of the public good tries to avoid paying it.The free rider problem arises when an individual is consciously unwilling to pay for the public good, expecting to receive benefits without any payment. One of the striking examples of the manifestation of the free rider problem that is connected to the provision of public goods is the phenomenon of evading of the citizens from paying taxes.

7 0
4 years ago
A company provides services to clients during the period that are neither paid for, nor billed to the clients. What must the com
Arte-miy333 [17]

Answer:

c. Accrue revenue by making an adjusting entry at the end of the period

Explanation:

As in the given situation since it is mentioned that the service is earned but not yet billed or collected so here the revenue is accrued so that the revenue could be recorded by recording the adjusting entry and there is an account receivable at the closing of the period.

Therefore according to the given options, the option c is correct and the same is to be considered

3 0
3 years ago
You just started a great part-time job that you want to keep for a while. Under the current contract, your annual salary is $31,
Daniel [21]

Answer:

$38,536.3567

Explanation:

Given that,

Annual salary = $31,000

Growth rate = 2.2 percent per year

Time period = 10 years

Salary 10 years from today:

= Current salary × (1 + Growth rate)^{Period}

= $31,000 × (1 + 0.022)^{10}

= $31,000 × 1.24310828

= $38,536.3567

Therefore, the annual salary of this person ten years from today is $38,536.3567.

3 0
3 years ago
Other questions:
  • We run a delivery service, and we believe our firm has market risk equally between that of UPS and FedEx. We know the following
    11·1 answer
  • A toothpaste manufacturer that bands two products together, selling two for the price of one, is using which type of consumer pr
    6·1 answer
  • If a good is both excludable and nonrival in consumption, then it is
    5·1 answer
  • What is the total stockholders' equity based on the following account balances?Common Stock $1,300,000Paid-In Capital in Excess
    14·1 answer
  • A company issued 70 shares of $30 par value preferred stock for $4,000 cash. The journal entry to record the issuance is:
    9·1 answer
  • Waterway Industries incurs the following costs to produce 11800 units of a subcomponent: Direct materials $9912 Direct labor 133
    8·1 answer
  • It is legal for a principal real estate broker to place clients' trust funds in an interest-bearing account in Oregon ____(A) Wi
    6·1 answer
  • You decide to become a neurosurgeon. After high school, you will need four years of college, four years of medical school, five
    12·1 answer
  • What is term structure of interest rate?​
    14·2 answers
  • Luke, an HR manager at Ford, argues that health insurance should cost more for smokers or overweight people. Those are personal
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!