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3 years ago

Comparing marginal revenue to marginal cost

Business

1 answer:

Mariana [72]3 years ago

5 0

Answer:

(i) reveals the contribution of the last unit of production to total profit

and

(ii) is helpful in making profit-maximizing production decisions.

Explanation:

As MR and MC can tell u what the last output contributed to the profit. change in profit = MR-MC. So we can gain insight on the profit and firm can then according to this make decision on how much to produce i.e. level where MR = MC.

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When Job 117 was completed, direct materials totaled $4,400; direct labor, $5,600; and factory overhead, $2,400. A total of 1,00

DaniilM [7]

Answer:

d.$12.40

Explanation:

The computation of the per unit cost is shown below:

= Total cost ÷ Number of units produced

where,

Total cost = Direct material cost + Direct labor cost + Factory overhead cost

= $4,400 + $5,600 + $2,400

= $12,400

And, the units produced = 1,000 units

So per unit cost equal to

= $12,400 ÷ 1,000 units

= $12.40

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3 years ago

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Marysya12 [62]

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3 years ago

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Doss [256]

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and
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2 years ago

Based on the following information, prepare the bank reconciliation for Cougar Corp. as of December 31. A. On December 31, Couga

True [87]

Answer and Explanation:

The Preparation of bank reconciliation for Cougar Corp. as of December 31 is shown below:-

Cougar Corp.

Bank reconciliation

For the year ended December 31

Particulars Amount

Bank balance Dec 31 $24,575

Add: Deposit in transit $2,500

Less:

Outstanding checks #302 ($180)

Outstanding checks #303 ($95)

Outstanding checks #304 ($25) ($300)

Bank balance adjusted $26,775

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2 years ago

Which Finance career involves the stock market?

maria [59]

Answer:

A or D (i think!)

Explanation:

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2 years ago

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