Answer:
value of ending inventory under variable production is $104375
Explanation:
given data
Variable production costs = $12.50 per unit
variable selling and administrative expenses = $3.50 per unit
Fixed manufacturing overhead totals = $41,000
Fixed selling and administration expenses total = $45,000
production = 4,500 units
sales = 3,850 units
to find out
the dollar value of the ending inventory under variable costing would be
solution
we find here ending inventory that is express as
ending inventory = production - sale
ending inventory = 4500 - 3850
ending inventory = 8350
so
variable production cost of 8350 units are
variable production cost = 8350 × $12.50
variable production cost = $104375
so value of ending inventory under variable production is $104375
Answer:
YES - When marginal cost (MC) of production is increasing, the average variable cost (AVC) is increasing.
Explanation:
Marginal cost (MC) is the cost of producing an extra unit of output while Average variable cost (AVC) is the cost per unit of output produced.
When MC is below AVC, MC pulls the average down. This means that when MC is falling, AVC is falling
When MC is above AVC, MC is pushing the average up; therefore when MC is rising, AVC is rising.
The conclusion is that MC and AVC have a direct relationship and a rise in one will cause a rise in the other
, therefore when the marginal cost (MC) of production is increasing, the average variable cost (AVC) is increasing.
Answer: If the fee has not been paid by the end of the accounting period and no adjusting entry is made, this would cause: "d. revenues to be understated.".
Explanation: The income would be underestimated because the income of $2120 that corresponds to the service provided in the accounting period, must be recognized in the accounting period in which the economic events occur regardless of when the income of the funds occurs (accrual principle).
Answer:
A) Design competition
Explanation:
Digital watch manufacturers and manufacturers of analog watches compete against each other because their products basically satisfy the same needs. Each one offers a very different product with its pros and cons, but even though their products are so different, they can be considered substitutes.
In the concept of innovation streams, Curtab is the innovator that is trying to create a sustainable competitive advantage because it works by designing an innovative product while its competitors rely on updating old designs.
The correct answer should be D. Mediagenic
It means that he is very loved by the media. It is like photogenic, except for the media.
