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Goryan [66]
3 years ago
11

Answer the next question on the basis of the following data. Output Total Cost 0 $24 1 33 2 41 3 48 4 54 5 61 6 69 The average f

ixed cost of producing 3 units of output is rev: 06_26_2018
A. $8.00.
B. $7.40.
C. $6.00.
D. $5.50.
Business
1 answer:
Nezavi [6.7K]3 years ago
8 0

Answer:

Option (A) is correct.

Explanation:

The average fixed cost is determined by dividing the total fixed cost by number of units produced.

Given that,

Fixed cost = $24

The average fixed cost of producing 3 units of output is:

= Total Fixed cost ÷  Number of units produced

= $24 ÷  3

= 8

Therefore, the average fixed cost of producing 3 units of output is $8.00.

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According to the "adapting to change" box, which professional is best able to detect the financial irregularities that often acc
lutik1710 [3]

According to the "adapting to change" box, the professional that is best able to detect the financial irregularities that often accompany fraud in an organization is Control process.

<h3>What is control process?</h3>

Controlling involves assessing the performance of a company and modifying the financial performance.

This is done for credibility and to meet the company's objectives, goals and plans.

Control process serves as yardstick to which the goal of business or company is achieved. Managers of company engage in control process.

Therefore, According to the "adapting to change" box, The professional that is best able to detect the financial irregularities that often accompany fraud in an organization is Control process.

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7 0
1 year ago
Production Budget
9966 [12]

Answer and Explanation:

The preparation of production budget is shown below:-

                      Weightless Inc

                    Production Budget

         For the month ending October 31

                             Units Bath Scale            Units Gym Scale

Expected Units to

be sold                       150,000                         90,000

Desired Inventory,

October 31                  12,500                           8,000

Total                          162,500                           98,000

Less: Estimated Inventory,

October 1                   -18,000                           -10,000

Total Units to be

produced                  144,500                           88,000

5 0
2 years ago
When workers are able to augment their stock of human capital, they can expect to?
ankoles [38]

Answer:

(receive higher wages that reflect an increase in their value of marginal product.)

3 0
1 year ago
Symphon Times Inc., a Swiss-based premium watch brand, has recently started selling its watches through company-owned retail out
iVinArrow [24]

Answer:

a) geographic diversification strategy.

Explanation:

In this scenario, Symphon Times Inc., a Swiss-based premium watch brand, has recently started selling its watches through company-owned retail outlets in major cities of the emerging nations. The type of diversification strategies the firm is pursuing is a geographic diversification strategy.

Geographical diversification strategy can be defined as the process of diversifying your investments across various geographical regions (market) so as to improve profits or returns on investment and primarily to mitigate the overall business risk.

Hence, using the geographic diversification strategy Symphon Times Inc., is spreading its risk across various geographical regions or emerging nations by allocation of its resources in order to prevent them from being vulnerable to external conditions and to improve their performance and competitiveness. Thus, a geographic diversification strategy is simply a business management strategy that entails "not putting all your eggs in a basket" rather you should have them spread across in order to prevent or mitigate the overall risks.

<em>Additionally, in order to preserve wealth and to reduce portfolio risks it is advisable that business owners such as Symphon Times Inc. engage in geographic diversification strategy.</em>

4 0
3 years ago
You are climbing a stair case. It takes n steps to reach to the top. Each time you can either climb 1 or 2 steps. In how many di
lyudmila [28]

Answer:

(n^2 + n)/2 ways

Explanation:

Each time you can climb 1 or 2 steps to the top (n steps)

Number of ways climbing 1 step to the top = n combination 1 = n!/(n-1)1! = n(n-1)!/(n-1)! = n

Number of ways climbing 2 steps to the top = n combination 2 = n!/(n-2)!2! = n(n-1)(n-2)!/2(n-2)! = (n^2 - n)/2

Total number of ways = n + (n^2 - n)/2 = (2n + n^2 - n)/2 = (n^2 + n)/2 ways

7 0
3 years ago
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