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ladessa [460]
3 years ago
6

The reason the marginal cost curve increases as output increases for the typical firm is because:________

Business
1 answer:
n200080 [17]3 years ago
5 0

Answer:

Explanation: The reason why the marginal cost curve increases as production for the typical company increases is because:  You can deduct the cost or expenses you need to make in order to make a decision as to producing more using as one more unit and also to know if such decision will be profitable or not for your company.

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Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Adams est
exis [7]

Answer:

$364,980

Explanation:

Computation for the amount of under- or overapplied overhead for the year.

First step is to calculate the

Predetermined Overhead using this formula

Predetermined Overhead rate = Estimated overhead/direct labor estimated

Let plug in the formula

Predetermined Overhead rate= 358,900/227,000

Predetermined Overhead rate= 158% of direct labor cost

Now let determine the Overhead applied

Overhead applied = $231,000*158%

Overhead applied= $364,980

Therefore the amount of under- or overapplied overhead for the year is $364,980

4 0
4 years ago
Bigham Corporation, an accrual basis calendar year taxpayer, sells its services under 12- and 24-month contracts. The corporatio
Andreas93 [3]

Answer:

12 months

2020 $22,400

2021 $22,400

24 months

2020 $22,400

2021 $44,800

Explanation:

Calculation to Determine the income to be recognized in taxable income in 2020 and 2021.

Length of Contract

12 months

2020 Income=$44,800 * 6/12=$22,400

2021 Income=$44,800 * 6/12=$22,400

24 months

2020 Income=$89,600 *6/24=$22,400

2021 Income =$89,600 *12/24=$44,800

Therefore the income to be recognized in taxable income in 2020 and 2021 will be:

12 months

2020 $22,400

2021 $22,400

24 months

2020 $22,400

2021 $44,800

6 0
3 years ago
You have been asked to estimate the market value of an income-producing property. The table below provides 5 years of projected
mixer [17]
It’s A for sure just really got to add the puzzles together
8 0
3 years ago
What effect does lowering the estimate for doubtful accounts have on the income statement and balance sheet? Do you believe Blai
podryga [215]

Answer no 1  

Bringing down the estimate for far fetched accounts makes the benefit bigger by paying off Bad Debt Expense and makes the Balance Sheet look better by exaggerating Assets. Since the contra-resource Allowance for Doubtful Accounts would be downplayed.  

Answer no 2  

This activity of change the stipends for far fetched accounts isn't inside the rights and zone of control of a director and is a moral infringement. No chief ought to have the option to transform anything inside the bookkeeping capacity. A supervisor ought to deal with the business, not the accounting for that business.

8 0
3 years ago
What is the definition of economic system?
Gnesinka [82]
An economic system is a means by which societies or governments organize and distribute available resources, services, and goods across a geographic region or country.
3 0
2 years ago
Read 2 more answers
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