1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DedPeter [7]
3 years ago
10

If a company has excess capacity, increases in production level will increase variable production costs but not fixed production

costs.
a. True
b. False
Business
1 answer:
den301095 [7]3 years ago
6 0

Answer; True

Explanation;

When a company has excess capacity, it means that potentially it could produce more than it is producing at the moment. As this potential already takes into account the fixed costs, this means that given the fixed costs it currently has, more goods could be produced on those same fixed costs and they wouldn't increase.

Increasing production level would therefore only increase variable costs which rise whenever production rises as they are directly related to the production of goods.

You might be interested in
List two examples of items that could be used as collateral for a secured loan.
mel-nik [20]
Collateral on a secured personal loan can include things like cash in a savings account, a car or even a home.
4 0
2 years ago
Do the results of the experiment support the camouflage hypothesis? do the results of the experiment support the camouflage hypo
Bond [772]

I guess the last option is the best answer.

Yes; mouse models with camouflage coloration were preyed on less often than non-camouflaged mouse models.

3 0
4 years ago
Prompt: Write an e-mail to a government or school official in which you propose an effective solution to a problem in your commu
Irina18 [472]

Answer: how to solve a important problem within your school or govorment,your audience is the school official,  and the problem is to complain about a problem

Explanation:

5 0
3 years ago
Read 2 more answers
Economic profits are:a.less than accounting profits if implicit costs are greater than zero.b.less than accounting profits even
Lady bird [3.3K]

Answer:

option (a) is correct.

Explanation:

Economic profits refers to the profits which comes out after deducting the implicit costs and explicit costs from the total revenue.

Whereas the accounting profits takes into the effect of explicit costs only.

Implicit cost refers to the loss of money income by choosing some other alternative. It is also known as the opportunity cost.

Explicit costs refers to the costs that are incurred for operating or running a business.  

Accounting profit = Total revenue - Explicit costs

Economic profit = Total revenue - Explicit costs - Implicit costs

Therefore, if the implicit costs are greater than zero then the economic profits is less than the accounting profits.

5 0
3 years ago
A review of the accounting records of Baird Manufacturing indicated that the company incurred the following payroll costs during
ankoles [38]

Answer:

a. $363,000

b. $827,200

Explanation:

The computations are shown below:

a. Payroll cost would be

=  Salary of the company president + Salary of the chief financial officer + Salary of the vice president of marketing +  Salaries of administrative secretaries + Commissions paid to sales staff

= $75,000 + $42,000 + $40,000 + $60,000 + $146,000

= $363,000

And, for computing payroll cost first we have to determine the total cost which is shown below:

= Salary of the vice president of manufacturing + Salaries of middle managers (department heads, production supervisors) in manufacturing plant + Wages of production workers + Salaries of engineers and other personnel responsible for maintaining production equipment

= $50,000 + $147,000 + $703,500 + $133,500

= $1,034,000

Now the cost of goods sold would be

= Total cost × sales units ÷ number of units produced

= $1,034,000 × 4,000 units ÷ 5,000

units

= $827,200

3 0
3 years ago
Other questions:
  • Who has outlook mine is william56453 to help me
    13·1 answer
  • Why might the director of Moving Windmills have wanted to share William Kamkwamba’s story through film rather than though writin
    15·2 answers
  • Under _____ reserve banking, banks hold only a small portion of deposits in reserve, and they lend the rest
    11·1 answer
  • The information provided by financial reporting pertains to A. individual business enterprises, industries, and an economy as a
    12·1 answer
  • You are an industry You are an industry analyst that specializes in an industry where the market inverse demand is P = 200 - 5Q.
    10·1 answer
  • Smithson Cutting is opening a new line of scissors for supermarket distribution. It estimates its fixed cost to be $ 450.00 and
    10·1 answer
  • Which of the following statements about buying centers is true?
    12·1 answer
  • Select the correct answer.
    13·1 answer
  • Bald Eagle, Inc., had the following transactions for the year ended December 31, Year 7. Select from the options list provided t
    12·1 answer
  • An increase in productivity as a result of a new technology would cause the production possibilities frontier to:________
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!