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3 years ago

One difference between total utility and marginal utility is that

1 answer:

6 0

Marginal utility is the additional satisfaction received from consuming one more unit of a product.Totalutility is the overall or total satisfaction received from consuming some particular amount of the product.Total utility can be determined by summing the marginal utility for each unit of a product that is consumed

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Razor Inc. manufactures industrial components. One of its products used as a subcomponent in auto manufacturing is Fluoro2211. T

Neko [114]

Answer:

Total contribution margin= $1,884,180

Explanation:

Giving the following information:

Direct Materials 150

Direct Labor 28

Variable Manufacturing Overhead 25

Variable Selling 16

Sales in units= 10,130

Selling price= $420

Direct material cost= 150*1.1= $165

First, we need to calculate the unitary contribution margin:

Unitary contribution margin= selling price - total unitary variable cost

Unitary contribution margin= 420 - (28 + 25 + 16 + 165)

Unitary contribution margin= $186

Now, the total contribution margin:

Total contribution margin= 10,130*186

Total contribution margin= $1,884,180

3 0

3 years ago

The year-end 2018 balance sheet of Brandex Inc. listed common stock and other paid-in capital at $1,400,000 and retained earning

DaniilM [7]

Answer:

The firm paid $630000 dividends in 2019

Explanation:

Retained earnings is the amount of net income that is not distributed to stockholders and is ploughed back into the business. It is a capital reserve account and appears in the equity section of the Balance Sheet. To determine the amount of Dividends, we will trace the change in Retained earnings and deduct the increase in retained earnings amount from the Net Income to arrive at dividends for the year.

Increase in Retained earnings = 4000000 - 3700000 = $300000

Thus, out of the Net Income of $930000 earned in 2019, $300000 was transferred to retained earnings. The remaining was paid as dividends.

The dividends in 2019 are = 930000 - 300000 = $630000

8 0

3 years ago

The following information pertains to Lessor Company: Total assets $150,000 Total current liabilities 110,000 Total expenses 160

ipn [44]

Answer:

Achieved. The ROI currently is 13.33% So the prohect earning a ROI of 12% was accomplished

Explanation:

Return on Investment will be Income/ Investment Capital

Which in this case is defined as total assets.

So it would be Income / Total Assets

The last is a given figure: 150,000

Now let's first find out the income:

180,000 revenues - 160,000 expenses = 20,000 net income

Finally calculate the ROI 20,000/ 150,000 = 13.33%

8 0

3 years ago

Question 10 of 10 Which of the following is the largest student organization and focuses on developing business leaders?

siniylev [52]

Answer:

Alpha Kappa Psi is among the largest business student organizations on campus. Known for developing principled business leaders, Alpha Kappa Psi is the world's oldest business fraternity.

4 0

2 years ago

ay-Zee Company makes an in-car navigation system. Next year, Jay-Zee plans to sell 23,000 units at a price of $350 each. Product

Fittoniya [83]

Answer:

$21

Explanation:

The computation of the sales commission per unit sold is shown below:

= Selling price per unit × sales commission percentage

= $350 × 6%

= $21

By multiplying the selling price per unit with the sales commission percentage we can get the sales commission per unit and the same is shown above in the calculation part.

All other information is not relevant. Hence, ignored it

3 0

3 years ago