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3 years ago

As production increases:

Business

1 answer:

Margaret [11]3 years ago

7 0

Answer:

Correct option is (D)

Explanation:

Total cost is a sum of Total fixed cost and total variable cost. Fixed cost does not change with the change in number of units produced. Variable cost on the other hand increases with the increase in production.

So, initially fixed cost is higher than variable cost at a certain production level. As production increases, fixed cost is spread across units and per unit fixed cost falls but variable cost keeps increasing, so total cost keep increasing with increase in production because of variable cost component.

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The accounts payable ledger has postings from which of the following sets of journals? a.Purchases, cash payments, and general b

docker41 [41]

Answer: a. Purchases, cash payments, and general

Explanation:

The accounts payable ledger has postings from the purchases journal, cash payments journal and the general journal.

The accounts payable ledger is also referred to as the creditors ledger because it shows the amount that a company owes its suppliers.

The purchase journal shows the record for the goods that a particular company buys on credit. Cash payments journal shows the transactions which the business pays in cash. The general journal shows business transactions when they take place.

Therefore, the correct option is A.

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3 years ago

Madison Company issued an interest-bearing note payable with a face amount of $30,000 and a stated interest rate of 8% to the Me

kondaur [170]

Answer:

zero

Explanation:

It will be Zero. Because its not an operating activity. It will come under Finance activity in the cash flow of Madison company .

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3 years ago

When Ned’s car breaks down, he asks Insta-Tow, Inc., to tow it to Jerry’s Repair Shop. There is no discussion of a price, and Ne

Illusion [34]

Answer:

The correct answer is b. an implied contract.

Explanation:

The theory of implicit contracts refers to the fact that the relationship between employers and workers is governed, in addition to the "explicit" legal contracts signed between the two, by a multitude of tacit commitments established during the understanding between the two parties. Implied contracts are unwritten agreements and informal rules that companies have with their workers, and that, in many cases, are justified in the commitment to wage stability. In this theory, companies set wages within a broad and long-term strategy or stability of the employment relationship.

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4 years ago

Freddy offers to supply water bottles to Jerry’s Gym at a cost of $40a case. The signed contract says that Jerry’s Gym will buy

atroni [7]

Answer:

-jerry is entitled to monetary damages compensations due to a contract breach.

-Freddy has to pay Jerry $90

Explanation:

the damage that the gym is entitled to would be that of a contract breach. Freddy wanted to earn more money so he breached the contract. Now given that Jerry had to go with another supplier of water at a greater cost of 50 dollars for 9 months, just to satisfy his requirements. Freddy has to pay him monetary damages for this breach in contract. he has to pay the difference that exists between the price in the contract they had and what jerry now has to pay due to the breach. The difference is 10 dollars, which is to be paid every month for 9 months

= (50 - 40)*9

= 10 * 9 = $90

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3 years ago

In a capitalist system, prices are controlled by A. the law of supply and demand. B. the Federal Reserve Board. C. the consumer

GrogVix [38]

A) the law of supply

i am in a business class about to go to college to major in business :)

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3 years ago