Common between optimization using total value and optimization using marginal analysis is:
Both techniques require the conversion of all costs and benefits into a common unit of measurement.
What is the principle of optimization at the margin?
The Principle of Optimization at the Margin states that an optimal feasible alternative has the property that moving to it makes you better off and moving away from it makes you worse off.
Optimization using total value:
calculates the change in net benefits when switching from one. alternative to another.
optimization using marginal analysis:
calculates the net benefits of. different alternatives.
Total Value analysis :
has a wide range of applications. The analysis can be used to assess an organization's key impacts, or provide more detailed information such as an assessment of the life cycle impacts of a product.
marginal analysis:
is an examination of the additional benefits of an activity compared to the additional costs incurred by that same activity. Companies use marginal analysis as a decision-making tool to help them maximize their potential profits.
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Answer:
B I think but I dont want to get this wrong for you so make sure with someone else to
Answer and Explanation:
The Preparation of the company's revenue and spending variances for December is prepared below:-
The report with respect to the company revenue and spending variance is presented in the attachment below
The revenue refers to the sales of the company
And, the spending variance refers to the difference between the actual amount of expenses incurred and the budgeted amount of expenses incurred. The same is shown in the below attachment.
If government regulation sets the maximum price for a natural monopoly equal to its marginal cost, then the natural monopolist will earn economic losses. This is further explained below.
<h3>What is
government regulation?</h3>
Generally, government regulation is simply defined as regulations established by the government that serve to outline the parameters within which certain actions are considered lawful.
In conclusion, Most rules are written in plain English.
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Answer:
$392,400
Explanation:
The computation of correct balance for ending inventory on December 31 is shown below:-
Correct balance for ending inventory = Ending inventory – Office supplies
= $416,000 - $23,600
= $392,400
Therefore for computing the correct balance for ending inventory we simply deduct the office supplies from ending inventory and ignore all other amounts as they are not relevant.
