Option C is cotrrect answer - $304.50
<u>Explanation:</u>
The mean is calculated by adding all the values and then dividing it by the number of units. In general terms mean is also called as an average.
As per the given question:
Mean cost of repairing a starter of four multifarious vehicles is to be found out
The cost given are : $316, $443, $249, $210, Number of vehicles = 4
In order to calculate mean, first of all, sum has to be found out of four vehicles
Sum = $316+ $443+ $249+ $210 = $1218
Now, this sum is to be divided by the number of units that is 4 = $1218 divided by 4 = $304.50
Hence, mean = $304.50
Bills accounting profit is
equals to revenue ($250,000) minus explicit (monetary) cost (50,000 and
30,000), while his economic profit is equals to accounting profit minus
implicit (opportunity) cost (3,000 and 100,000). Accounting profit is $170,000
and Economic profit is $67,000.
<span>Economic profit is always lower
than accounting profit because explicit costs and implicit costs are both
deducted to revenue. Implicit costs are cost that he should have earned if he
gives up his present resources. These costs are projected cost and are not yet
incurred.</span>
Answer: Investing in infrastructure and in the required supporting businesses
Explanation:
Infrastructure is a term that is used to describe the essential facilities, and services, for communal use.
The infrastructure is of utmost importance for fostering economic growth and poverty alleviation in a country.
Adequate infrastructure in the form of power, ports, road and railway transport system, airports and their efficient working is needed for integration of the economy with every other economies worldwide.
The government of Nerumbia should invest in infrastructure and supporting businesses wants to increase its attractiveness as a potential market or investment site.
Given: Zapper’s beginning equity of $279,000
<span>
Net Income of $62,000</span>
<span>
Dividends of $51,000</span>
<span> Investments by stockholders of $17,000</span>
Formula: Beginning equity + Investments + Net
Income – Net Loss – Withdrawals = Ending Equity
Solution: $279,000 + $17,000 + $62,000 - $51,000
= $307,000
<span>Zapper’s ending equity is $307,000</span>
Answer: $1,260 Favorable
Explanation:
Material usage variance = (Standard quantity of materials actually produced - Actual quantity of materials actually produced) * Standard price of material
= [ ( 4 * 6,300 ) - (3.9 * 6,300) ] * 2
= [ 25,200 - 24,570 ] * 2
= 630 * 2
= $1,260 Favorable
