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drek231 [11]
3 years ago
6

​ Which of the following is FALSE?

Business
1 answer:
Artist 52 [7]3 years ago
3 0

Answer:

b. ​Produce where MR=AC

Explanation:

b. ​Produce where MR=AC

This statement is wrong because for profit maximization the firm should produce when MR=MC, by producing at MR=AC the firm is not maximizing its profits.

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Unloading the dishwasher is an example of a two-minute action task. The correct answer should be A

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Sharon spent the weekend with her friend amelia. amelia proposed a plan for shoplifting cd's from a local music store. sharon wa
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4 years ago
The company uses the absorption costing approach to cost-plus pricing described in the text. The pricing calculations are based
son4ous [18]

Answer:

$81.96 per unit

Explanation:

For computing the selling price using the absorption costing approach we need to do the following calculations which are shown below:

Unit Product Cost = Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead

= $26.50 + 15.50 + 3.70 + [$156,71,400 ÷ 97,000 Units]

= $26.50 + 15.50 + $3.70 + $16.20

= $61.90

Now

Selling and administrative expenses  is

=$1,540,000 + [97,000 Units × $3.60]

= $1,540,000 + 349,200

= $1,889,200

And,

Markup on absorption cost

= [(Investment × Return on Investment) + Selling and administrative expenses] ÷ (Number of units × unit product cost)

= [($380,000 × 15%) + 1,889,200] / [97,000 × $61.90]

= $19,46,200 ÷ 60,04,300

= 0.3241 or  32.41%

So,

The selling price based on the absorption costing approach

= Unit product cost × (1 + Markup on absorption cost)

= $61.90 per unit × (1 + 0.3241)

= $81.96 per unit

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Six pluse zero equal six
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